American International Group (AIG) to Release Quarterly Earnings on Friday
American International Group (NYSE:AIG) is set to announce its Q313 earnings results on Friday, November 1st. Analysts expect the company to announce earnings of $0.85 per share and revenue of $8.63 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
American International Group (NYSE:AIG) opened at 51.97 on Thursday. American International Group has a 52-week low of $30.64 and a 52-week high of $49.93. The stock’s 50-day moving average is $50.16 and its 200-day moving average is $46.4. The company has a market cap of $76.726 billion and a price-to-earnings ratio of 28.08. American International Group also was the recipient of unusually large options trading activity on Tuesday. Investors bought 20,296 put options on the stock. This represents an increase of 131% compared to the average volume of 8,770 put options.
A number of analysts have recently weighed in on AIG shares. Analysts at Zacks upgraded shares of American International Group from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, October 17th. They now have a $62.00 price target on the stock. Finally, analysts at Guggenheim initiated coverage on shares of American International Group in a research note to investors on Wednesday, September 18th. They set a “neutral” rating on the stock. Eight research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $50.91.
American International Group, Inc (NYSE:AIG) is a global insurance company.
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