American International Group, Inc. (AIG) Scheduled to Post Earnings on Thursday, November 2nd
American International Group, Inc. (NYSE:AIG) will post its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect American International Group to post earnings of $1.23 per share for the quarter.
American International Group (NYSE:AIG) last released its quarterly earnings results on Wednesday, August 2nd. The insurance provider reported $1.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.33. American International Group had a negative net margin of 0.53% and a positive return on equity of 6.06%. The company had revenue of $11.23 billion during the quarter, compared to the consensus estimate of $12.61 billion. During the same period in the prior year, the firm earned $0.98 earnings per share. On average, analysts expect American International Group to post $3.37 EPS for the current fiscal year and $5.28 EPS for the next fiscal year.
American International Group, Inc. (NYSE AIG) opened at 64.96 on Tuesday. The company’s market capitalization is $58.69 billion. The company has a 50-day moving average of $61.46 and a 200-day moving average of $62.32. American International Group, Inc. has a 1-year low of $57.35 and a 1-year high of $67.47.
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Investors of record on Friday, September 15th were issued a dividend of $0.32 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $1.28 dividend on an annualized basis and a yield of 1.97%. American International Group’s payout ratio is -711.07%.
A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company reiterated a “buy” rating on shares of American International Group in a report on Wednesday, July 5th. Barclays PLC decreased their price objective on shares of American International Group from $74.00 to $71.00 and set an “overweight” rating for the company in a report on Monday, October 16th. BidaskClub upgraded shares of American International Group from a “hold” rating to a “buy” rating in a report on Monday, August 7th. Deutsche Bank AG reiterated a “sell” rating and set a $60.00 price objective (up previously from $57.00) on shares of American International Group in a report on Wednesday, August 9th. Finally, UBS AG decreased their price objective on shares of American International Group from $65.00 to $64.00 and set a “neutral” rating for the company in a report on Tuesday, September 19th. Four analysts have rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $68.18.
About American International Group
American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.
Receive News & Ratings for American International Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American International Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.