American International Group, Inc. (NYSE:AIG) – Stock analysts at William Blair dropped their Q4 2017 EPS estimates for American International Group in a research note issued on Tuesday. William Blair analyst A. Klauber now forecasts that the insurance provider will post earnings of $1.01 per share for the quarter, down from their prior estimate of $1.14. William Blair also issued estimates for American International Group’s Q1 2018 earnings at $1.15 EPS, Q3 2018 earnings at $1.26 EPS and Q4 2018 earnings at $1.16 EPS.

Several other equities research analysts have also commented on the stock. Buckingham Research initiated coverage on shares of American International Group in a research note on Monday, September 11th. They issued an “underperform” rating and a $52.00 price objective for the company. Royal Bank Of Canada reissued a “buy” rating and set a $73.00 target price on shares of American International Group in a research report on Wednesday, September 6th. Zacks Investment Research raised shares of American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. Wells Fargo & Company set a $75.00 target price on shares of American International Group and gave the company a “buy” rating in a research report on Tuesday, October 17th. Finally, Barclays PLC reduced their target price on shares of American International Group from $74.00 to $71.00 and set an “overweight” rating for the company in a research report on Monday, October 16th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $68.18.

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Shares of American International Group (NYSE AIG) opened at $59.23 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.26 and a quick ratio of 0.26. The company has a market cap of $53,604.95, a PE ratio of 23.76, a price-to-earnings-growth ratio of 1.92 and a beta of 1.23. American International Group has a one year low of $57.90 and a one year high of $67.47.

American International Group (NYSE:AIG) last posted its quarterly earnings data on Thursday, November 2nd. The insurance provider reported ($1.22) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.23 by ($2.45). The firm had revenue of $12.67 billion during the quarter, compared to analysts’ expectations of $12.05 billion. American International Group had a negative net margin of 5.07% and a positive return on equity of 3.43%. During the same quarter last year, the business posted $1.23 EPS.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC bought a new position in American International Group in the 3rd quarter worth approximately $163,000. Davis Selected Advisers boosted its holdings in American International Group by 0.9% in the 3rd quarter. Davis Selected Advisers now owns 357,634 shares of the insurance provider’s stock valued at $21,955,000 after purchasing an additional 3,340 shares during the period. Gofen & Glossberg LLC IL bought a new position in American International Group in the 3rd quarter valued at $441,000. EagleClaw Capital Managment LLC boosted its holdings in American International Group by 7.1% in the 3rd quarter. EagleClaw Capital Managment LLC now owns 28,800 shares of the insurance provider’s stock valued at $1,761,000 after purchasing an additional 1,900 shares during the period. Finally, Moors & Cabot Inc. boosted its holdings in American International Group by 19.6% in the 3rd quarter. Moors & Cabot Inc. now owns 9,639 shares of the insurance provider’s stock valued at $590,000 after purchasing an additional 1,577 shares during the period. 84.67% of the stock is owned by institutional investors.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, December 7th. American International Group’s dividend payout ratio (DPR) is presently -51.00%.

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 and Estimates for American International Group (NYSE:AIG)

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