S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
NYSE:AIG

American International Group (AIG) Stock Price, News & Analysis

$73.05
-0.63 (-0.86%)
(As of 04/15/2024 ET)
Today's Range
$72.97
$74.84
50-Day Range
$68.13
$78.33
52-Week Range
$48.95
$78.95
Volume
3.56 million shs
Average Volume
3.96 million shs
Market Capitalization
$49.74 billion
P/E Ratio
14.64
Dividend Yield
1.97%
Price Target
$78.06

American International Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
6.9% Upside
$78.06 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.64
Upright™ Environmental Score
News Sentiment
0.76mentions of American International Group in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$25.26 M Sold Last Quarter
Proj. Earnings Growth
17.30%
From $7.11 to $8.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.91 out of 5 stars

Finance Sector

36th out of 879 stocks

Fire, Marine, & Casualty Insurance Industry

2nd out of 53 stocks

AIG stock logo

About American International Group Stock (NYSE:AIG)

American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products; and professional liability insurance. This segment offers marine, energy-related property insurance, aviation, political risk, trade credit, trade finance, and portfolio solutions, as well as operates reinsurance business; voluntary and sponsor-paid personal accident, and supplemental health products; and personal auto and personal property insurance. Its Life and Retirement segment offers individual retirement products, including variable, fixed index, and fixed annuities, as well as retail mutual funds; group retirement products comprising record-keeping, plan administrative and compliance services, financial planning, and advisory solutions; life insurance, including term and universal life insurance; and institutional markets products, which includes wrap products, structured settlement, pension risk transfer annuities, corporate and bank-owned life insurance, high net worth, and guaranteed investment contract products. It distributes its products through a network of brokers, agents, advisors, banks, and other distributors. The company was founded in 1919 and is headquartered in New York, New York.

AIG Stock Price History

AIG Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/15/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Multi-line Insurance
CUSIP
02687478
CIK
5272
Employees
25,200
Year Founded
1919

Price Target and Rating

Average Stock Price Target
$78.06
High Stock Price Target
$87.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
16 Analysts

Profitability

Net Income
$3.64 billion
Pretax Margin
8.24%

Debt

Sales & Book Value

Annual Sales
$46.80 billion
Cash Flow
$12.95 per share
Book Value
$72.38 per share

Miscellaneous

Free Float
676,800,000
Market Cap
$49.74 billion
Optionable
Optionable
Beta
1.03

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Key Executives

  • Mr. Peter Salvatore Zaffino (Age 57)
    Chairman, CEO & President
    Comp: $9.67M
  • Mr. David Hughes McElroy (Age 65)
    Executive VP & Chairman of General Insurance
    Comp: $5.19M
  • Mr. Kevin Timothy Hogan (Age 62)
    President & CEO of Corebridge Financial, Inc.
    Comp: $3.74M
  • Ms. Sabra Rose Purtill C.F.A. (Age 61)
    Executive VP & CFO
  • Mr. Claude E. Wade (Age 56)
    Executive VP, Chief Digital Officer & Global Head of Business Operations
  • Ms. Elaine Ann Rocha (Age 51)
    Global Chief Investment Officer
  • Ms. Kathleen CarboneMs. Kathleen Carbone (Age 51)
    VP & Chief Accounting Officer
  • Mr. Roshan Navagamuwa (Age 46)
    Executive VP & Chief Information Officer
  • Mr. Ted T. Devine (Age 61)
    Executive VP & Chief Administrative Officer
  • Mr. Quentin John McMillan
    VP, MD & Head of Investor Relations

Should I Buy American International Group Stock? AIG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in American International Group, Inc.:

  • American International Group, Inc. offers a diverse range of insurance products for commercial, institutional, and individual customers, providing a broad revenue base.
  • The company operates through three segments, including General Insurance, Life and Retirement, and Other Operations, allowing for diversified income streams.
  • American International Group, Inc. has a strong presence both in North America and internationally, offering global exposure and potential growth opportunities.
  • The company's focus on professional liability insurance and other specialized insurance products can lead to higher margins and profitability.
  • Recent analyst ratings and price targets for American International Group, Inc. indicate positive sentiment and potential upside, making it an attractive investment option.

Cons

Investors should be bearish about investing in American International Group, Inc. for these reasons:

  • The insurance industry, particularly in fire, marine, and casualty insurance, can be highly competitive and subject to regulatory changes, impacting profitability.
  • American International Group, Inc. faces exposure to various risks, including natural disasters, market fluctuations, and regulatory challenges, which can affect financial performance.
  • Fluctuations in interest rates and investment markets can impact the company's investment portfolio and overall financial results.
  • Changes in consumer behavior, economic conditions, and global events can influence insurance demand and pricing, affecting American International Group, Inc.'s revenue streams.
  • Investors should carefully consider the current stock price of American International Group, Inc. and evaluate whether it aligns with their investment goals and risk tolerance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these American International Group pros and cons to contact@marketbeat.com.

AIG Stock Analysis - Frequently Asked Questions

Should I buy or sell American International Group stock right now?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American International Group in the last year. There are currently 8 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" AIG shares.
View AIG analyst ratings
or view top-rated stocks.

What is American International Group's stock price target for 2024?

16 brokerages have issued 12-month price targets for American International Group's stock. Their AIG share price targets range from $60.00 to $87.00. On average, they anticipate the company's stock price to reach $78.06 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
View analysts price targets for AIG
or view top-rated stocks among Wall Street analysts.

How have AIG shares performed in 2024?

American International Group's stock was trading at $67.75 at the start of the year. Since then, AIG stock has increased by 7.8% and is now trading at $73.05.
View the best growth stocks for 2024 here
.

Are investors shorting American International Group?

American International Group saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 7,850,000 shares, a drop of 8.2% from the March 15th total of 8,550,000 shares. Based on an average daily volume of 3,950,000 shares, the short-interest ratio is currently 2.0 days. Currently, 1.2% of the company's shares are sold short.
View American International Group's Short Interest
.

When is American International Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our AIG earnings forecast
.

How can I listen to American International Group's earnings call?

American International Group will be holding an earnings conference call on Thursday, May 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were American International Group's earnings last quarter?

American International Group, Inc. (NYSE:AIG) announced its quarterly earnings data on Wednesday, February, 14th. The insurance provider reported $1.79 EPS for the quarter, beating the consensus estimate of $1.59 by $0.20. The insurance provider earned $1 million during the quarter, compared to analyst estimates of $11.61 billion. American International Group had a trailing twelve-month return on equity of 10.68% and a net margin of 7.78%. The company's quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.36 EPS.
Read the conference call transcript
.

How often does American International Group pay dividends? What is the dividend yield for American International Group?

American International Group declared a quarterly dividend on Tuesday, February 13th. Investors of record on Thursday, March 14th will be paid a dividend of $0.36 per share on Thursday, March 28th. This represents a $1.44 annualized dividend and a yield of 1.97%. The ex-dividend date is Wednesday, March 13th.
Read our dividend analysis for AIG
.

Is American International Group a good dividend stock?

American International Group (NYSE:AIG) pays an annual dividend of $1.44 per share and currently has a dividend yield of 1.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AIG will have a dividend payout ratio of 17.27% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AIG.

How will American International Group's stock buyback program work?

American International Group declared that its Board of Directors has approved a share buyback plan on Tuesday, May 3rd 2022, which authorizes the company to buyback $6,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 13.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is undervalued.

What is Brian Duperreault's approval rating as American International Group's CEO?

764 employees have rated American International Group Chief Executive Officer Brian Duperreault on Glassdoor.com. Brian Duperreault has an approval rating of 78% among the company's employees. 64.0% of employees surveyed would recommend working at American International Group to a friend.

What other stocks do shareholders of American International Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other American International Group investors own include Bank of America (BAC), JPMorgan Chase & Co. (JPM), Citigroup (C), Cisco Systems (CSCO), Intel (INTC), General Electric (GE), Johnson & Johnson (JNJ), Wells Fargo & Company (WFC), AT&T (T) and Walt Disney (DIS).

Who are American International Group's major shareholders?

American International Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Ferguson Wellman Capital Management Inc. (0.10%), Perpetual Ltd (0.07%), Nepsis Inc. (0.04%), CHURCHILL MANAGEMENT Corp (0.02%), IMC Chicago LLC (0.00%) and Abner Herrman & Brock LLC (0.02%). Insiders that own company stock include Douglas A Dachille, International Group American, John C Inglis, Kathleen Carbone, Kevin T Hogan, Luciana Fato, Peter Zaffino and William G Jurgensen.
View institutional ownership trends
.

How do I buy shares of American International Group?

Shares of AIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does American International Group have any subsidiaries?
The following companies are subsidiares of American International Group: AGC Life Insurance Company, AIG APAC HOLDINGS PTE. LTD., AIG Aerospace Insurance Services Inc., AIG Asia Pacific Insurance Pte. Ltd., AIG Asset Management (Europe) Limited, AIG Asset Management (U.S.) LLC, AIG Assurance Company, AIG Australia Limited, AIG Brazil Holding I LLC, AIG CIS Investments LLC, AIG Canada Holdings Inc., AIG Capital Corporation, AIG Capital Services Inc., AIG Claims Inc., AIG Credit Management LLC, AIG Egypt Insurance Company S.A.E., AIG Employee Services Inc., AIG Europe Holdings S.a.r.l, AIG Europe S.A., AIG Federal Savings Bank, AIG Financial Products Corp., AIG General Insurance Co. Ltd., AIG Global Asset Management Holdings Corp., AIG Global Operations Inc., AIG Global Real Estate Investment Corp., AIG Global Reinsurance Operations, AIG Holdings Europe Limited, AIG Insurance (Thailand) Public Company Limited, AIG Insurance Company China Limited, AIG Insurance Company JSC, AIG Insurance Company of Canada, AIG Insurance Company-Puerto Rico, AIG Insurance Hong Kong Limited, AIG Insurance Management Services Inc., AIG Insurance New Zealand Limited, AIG International Holdings GmbH, AIG Investments UK Limited, AIG Israel Insurance Company Ltd, AIG Japan Holdings Kabushiki Kaisha, AIG Kenya Insurance Company Limited, AIG Korea Inc., AIG Latin America I.I., AIG Latin America Investments S.L., AIG Lebanon SAL, AIG Life Holdings Inc., AIG Life Limited, AIG Life South Africa Limited, AIG Life of Bermuda Ltd., AIG MEA Holdings Limited, AIG MEA Limited, AIG Malaysia Insurance Berhad, AIG Markets Inc., AIG Matched Funding Corp., AIG PC Global Services Inc., AIG Philippines Insurance Inc., AIG Property Casualty Company, AIG Property Casualty Inc., AIG Property Casualty International LLC, AIG Property Casualty U.S. Inc., AIG Re-Takaful (L) Berhad, AIG Resseguros Brasil S.A., AIG Seguros Brasil S.A., AIG Seguros Mexico S.A. de C.V., AIG South Africa Limited, AIG Specialty Insurance Company, AIG Technologies Inc., AIG Travel Asia Pacific Pte. Ltd., AIG Travel Assist Inc., AIG Travel Assist Malaysia Sdn. Bhd., AIG Travel EMEA Limited, AIG Travel Inc., AIG Uganda Limited, AIG Vietnam Insurance Company Limited, AIG WarrantyGuard Inc., AIG-FP Pinestead Holdings Corp., AIG-Metropolitana Cia. de Seguros y Reaseguros S.A., AIGGRE Europe Real Estate Fund I GP S.a r.l., AIGGRE Europe Real Estate Fund II GP S.a r.l., AIGGRE U.S. Real Estate Fund I GP LLC, AIGGRE U.S. Real Estate Fund II GP LLC, AIGGRE U.S. Real Estate Fund III GP LP, AIGGRE U.S. Real Estate Fund IV GP LLC, AIU Insurance Company, AM Holdings LLC, Ageas Protect, AlphaCat Managers Ltd., American General Corporation, American General Life Insurance Company, American Home Assurance Co. Ltd., American Home Assurance Company, American International Group UK Limited, American International Realty LLC, American International Reinsurance Company Ltd., American International Underwriters del Ecuador-Holding S.A. en Liquidación S.A., Arthur J. Glatfelter Agency Inc., Blackboard Insurance Company, Blackboard Specialty Insurance Company, Blackboard U.S. Holdings Inc., C.A. de Seguros American International, Commerce and Industry Insurance Company, Crop Risk Services Inc., Eaglestone Reinsurance Company, Ellipse, Franklin Life Insurance Company, Fuji Fire and Marine, Glatfelter Insurance Group, Glatfelter Underwriting Services Inc., Globe and Rutgers Insurance Group, Grand Isle SAC Limited, Granite State Insurance Company, Illinois National Insurance Co., Inversiones Segucasai C.A., Johannesburg Insurance Holdings (Proprietary) Limited, Laya Healthcare Limited, Lexington Insurance Company, Lexington Specialty Insurance Agency Inc., National Union Fire Insurance Company of Pittsburgh Pa., National Union Fire Insurance Company of Vermont, New Hampshire Insurance Company, PCG 2019 Corporate Member Limited, PT AIG Insurance Indonesia, Pine Street Real Estate Holdings Corp., Risk Specialists Companies Insurance Agency Inc., SAFG Capital LLC, SAFG Retirement Services Inc., Service Net Warranty LLC, Stratford Insurance Company, SunAmerica Asset Management LLC, Talbot Holdings Ltd., Talbot Underwriting Holdings Ltd., Talbot Underwriting Ltd., The Insurance Company of the State of Pennsylvania, The United States Life Insurance Company in the City of New York, The Variable Annuity Life Insurance Company, Travel Guard, Travel Guard Group Canada Inc./Groupe Garde Voyage du Canada Inc., Travel Guard Group Inc., Tudor Insurance Company, VALIC Financial Advisors Inc., Valic Retirement Services Company, Validus Holdings, Validus Holdings (UK) Ltd., Validus Holdings Ltd., Validus Reinsurance (Switzerland) Ltd, Validus Reinsurance Ltd., Validus Ventures Ltd., Volunteer Firemen's Insurance Services Inc., and Western World Insurance Company.
Read More
This page (NYSE:AIG) was last updated on 4/16/2024 by MarketBeat.com Staff

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