American International Group Inc (NYSE:AIG) – B. Riley issued their Q4 2017 earnings per share (EPS) estimates for American International Group in a note issued to investors on Monday. B. Riley analyst R. Binner forecasts that the insurance provider will post earnings per share of $1.02 for the quarter. B. Riley has a “Neutral” rating on the stock.

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

A number of other analysts have also commented on the company. Deutsche Bank upgraded American International Group from a “sell” rating to a “hold” rating in a research report on Wednesday. Goldman Sachs Group assumed coverage on American International Group in a research report on Monday. They issued a “neutral” rating and a $61.00 price objective for the company. Bank of America lowered American International Group from a “buy” rating to a “neutral” rating and set a $69.00 price objective for the company. in a research report on Friday, November 3rd. Zacks Investment Research lowered American International Group from a “hold” rating to a “sell” rating in a research report on Monday, October 30th. Finally, Wells Fargo & Company set a $75.00 price objective on American International Group and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $67.81.

Shares of American International Group (NYSE:AIG) opened at $59.53 on Wednesday. The company has a quick ratio of 0.26, a current ratio of 0.26 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $53,272.33, a PE ratio of 23.61, a P/E/G ratio of 1.95 and a beta of 1.17. American International Group has a 12-month low of $57.90 and a 12-month high of $67.47.

The business 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 dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 2.15%. The ex-dividend date of this dividend is Thursday, December 7th. American International Group’s dividend payout ratio (DPR) is currently -51.00%.

A number of institutional investors and hedge funds have recently modified their holdings of AIG. Pathstone Family Office LLC lifted its holdings in shares of American International Group by 2,557.1% during the 2nd quarter. Pathstone Family Office LLC now owns 1,488 shares of the insurance provider’s stock valued at $2,227,000 after purchasing an additional 1,432 shares in the last quarter. Bank of Nova Scotia Trust Co. bought a new position in shares of American International Group during the 3rd quarter valued at about $109,000. Peddock Capital Advisors LLC lifted its holdings in shares of American International Group by 100.0% during the 2nd quarter. Peddock Capital Advisors LLC now owns 2,542 shares of the insurance provider’s stock valued at $159,000 after purchasing an additional 1,271 shares in the last quarter. Chicago Partners Investment Group LLC bought a new position in shares of American International Group during the 3rd quarter valued at about $163,000. Finally, Rational Advisors LLC lifted its holdings in shares of American International Group by 100.0% during the 3rd quarter. Rational Advisors LLC now owns 3,000 shares of the insurance provider’s stock valued at $184,000 after purchasing an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 85.65% of the company’s stock.

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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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