American Equity Investment Life Holding Company (NYSE:AEL) will issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of $0.63 per share for the quarter.

American Equity Investment Life Holding (NYSE:AEL) last issued its earnings results on Wednesday, August 2nd. The financial services provider reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.59 by $0.12. American Equity Investment Life Holding had a net margin of 6.48% and a return on equity of 6.84%. The firm had revenue of $819.10 million during the quarter, compared to analyst estimates of $531.83 million. During the same quarter in the prior year, the business earned $0.60 earnings per share. American Equity Investment Life Holding’s revenue for the quarter was up 49.0% on a year-over-year basis. On average, analysts expect American Equity Investment Life Holding to post $2.64 EPS for the current fiscal year and $2.66 EPS for the next fiscal year.

American Equity Investment Life Holding Company (NYSE:AEL) opened at 30.10 on Monday. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 13.86 and a beta of 2.52. American Equity Investment Life Holding Company has a 12 month low of $15.39 and a 12 month high of $30.51. The company’s 50 day moving average is $28.94 and its 200-day moving average is $26.62.

A number of equities analysts have weighed in on AEL shares. ValuEngine upgraded shares of American Equity Investment Life Holding from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Royal Bank Of Canada restated a “buy” rating and set a $30.00 price objective on shares of American Equity Investment Life Holding in a research report on Tuesday, October 10th. BidaskClub cut shares of American Equity Investment Life Holding from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 22nd. Zacks Investment Research cut shares of American Equity Investment Life Holding from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Finally, Goldman Sachs Group, Inc. (The) started coverage on shares of American Equity Investment Life Holding in a research report on Wednesday, October 18th. They set a “neutral” rating and a $29.00 price objective for the company. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $26.38.

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American Equity Investment Life Holding Company Profile

American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company.

Earnings History for American Equity Investment Life Holding (NYSE:AEL)

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