American International Group (NYSE:AIG) issued its quarterly earnings data on Thursday. The insurance provider reported $0.57 EPS for the quarter, missing the consensus estimate of $0.75 by ($0.18), Bloomberg Earnings reports. American International Group had a positive return on equity of 3.43% and a negative net margin of 5.07%. During the same quarter last year, the business earned ($2.96) earnings per share.
Shares of American International Group (NYSE AIG) traded up $2.22 during trading on Friday, reaching $60.50. 3,166,364 shares of the company’s stock traded hands, compared to its average volume of 6,210,763. American International Group has a 52 week low of $57.85 and a 52 week high of $67.30. 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 stock has a market cap of $52,390.00, a P/E ratio of -24.05, a P/E/G ratio of 0.99 and a beta of 1.17.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.12%. American International Group’s payout ratio is currently -51.41%.
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.
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