Headlines about American International Group (NYSE:AIG) have trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. American International Group earned a daily sentiment score of 2.00 on their scale. InfoTrie also assigned news coverage about the insurance provider an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock’s share price in the near term.
Here are some of the headlines that may have impacted American International Group’s score:
- Is American International Group, Inc. (NYSE:AIG) a Long Term Growth Play? Shares have moved -27.41% YTD – Hartsburg News (hartsburgnews.com)
- Today’s Actionable Stocks: Activision Blizzard, Inc. (ATVI), American International Group, Inc. (AIG) – The RNS Daily (rnsdaily.com)
- American International’s (AIG) New Subsidiaries Get Ratings – Nasdaq (nasdaq.com)
- American International Group (AIG) Up 0.7% Since Last Earnings Report: Can It Continue? (zacks.com)
AIG opened at $43.25 on Monday. The company has a current ratio of 0.26, a quick ratio of 0.26 and a debt-to-equity ratio of 0.58. The stock has a market cap of $38.26 billion, a price-to-earnings ratio of 18.02, a P/E/G ratio of 1.51 and a beta of 1.49. American International Group has a 52-week low of $39.29 and a 52-week high of $65.05.
American International Group (NYSE:AIG) last posted its earnings results on Wednesday, October 31st. The insurance provider reported ($0.34) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.06 by ($0.40). The company had revenue of $12 billion for the quarter, compared to the consensus estimate of $12.44 billion. American International Group had a negative net margin of 12.73% and a positive return on equity of 3.44%. During the same quarter in the prior year, the company posted ($1.22) EPS. As a group, analysts expect that American International Group will post 2.6 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 26th. Shareholders of record on Wednesday, December 12th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Tuesday, December 11th. American International Group’s dividend payout ratio is currently 53.33%.
A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of American International Group from a “hold” rating to a “sell” rating in a research report on Thursday, October 25th. Barclays reduced their target price on shares of American International Group from $71.00 to $62.00 and set an “overweight” rating on the stock in a research report on Monday, November 12th. Argus reduced their target price on shares of American International Group from $63.00 to $58.00 and set a “buy” rating on the stock in a research report on Friday, August 10th. JPMorgan Chase & Co. set a $55.00 target price on shares of American International Group and gave the stock a “hold” rating in a research report on Thursday, November 1st. Finally, Deutsche Bank raised shares of American International Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and ten have given a buy rating to the company’s stock. American International Group currently has an average rating of “Buy” and an average target price of $60.02.
About American International Group
American International Group, Inc provides insurance products for commercial, institutional, and individual customers primarily in the United States, Europe, and Japan. The company's General Insurance segment offers general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, and marine insurance.
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