American International Group, Inc. (NYSE:AIG) released its quarterly earnings data on Thursday. The insurance provider reported ($1.22) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.23 by ($2.45), Bloomberg Earnings reports. American International Group had a positive return on equity of 6.06% and a negative net margin of 0.53%. During the same period in the prior year, the company posted $1.23 earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Friday, December 8th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of Infinity.

COPYRIGHT VIOLATION WARNING: This story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another domain, it was stolen and republished in violation of US and international trademark and copyright law. The original version of this story can be accessed at https://www.americanbankingnews.com/2017/11/02/american-international-group-inc-aig-issues-earnings-results.html.

A number of equities analysts have recently commented on the company. Wells Fargo & Company reiterated a “buy” rating on shares of American International Group in a report on Wednesday, July 5th. Zacks Investment Research cut American International Group from a “hold” rating to a “sell” rating in a report on Monday. BidaskClub upgraded American International Group from a “hold” rating to a “buy” rating in a report on Monday, August 7th. Barclays PLC dropped their target price on American International Group from $74.00 to $71.00 and set an “overweight” rating for the company in a report on Monday, October 16th. Finally, Deutsche Bank AG reiterated a “sell” rating and issued a $60.00 target price (up previously from $57.00) on shares of American International Group in a report on Wednesday, August 9th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. American International Group has a consensus rating of “Hold” and an average target price of $68.18.

American International Group Company Profile

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.

Earnings History for American International Group (NYSE:AIG)

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.