American International Group Inc (NYSE:AIG) At $77.49: What To Do?

In recent trading session, American International Group Inc (NYSE:AIG) saw 1.92 million shares changing hands at last check today with its beta currently measuring 1.09. Company’s recent per share price level of $77.49 trading at $1.68 or 2.21% at last check today assigns it a market valuation of $52.23B. That closing price of AIG’s stock is at a discount of -1.88% from its 52-week high price of $78.95 and is indicating a premium of 36.83% from its 52-week low price of $48.95. Taking a look at company’s average trading volume volume of 4.10 million if we extend that period to 3-months.

American International Group Inc (NYSE:AIG) trade information

Upright in the green today for gaining 2.21%, in the last five days AIG remained trading in the green while hitting it’s week-highest on Thursday, 05/02/24 when the stock touched $77.49 price level, adding 2.68% to its value on the day. American International Group Inc’s shares saw a change of 14.37% in year-to-date performance and have moved 3.83% in past 5-day. American International Group Inc (NYSE:AIG) showed a performance of -0.40% in past 30-days.

American International Group Inc (AIG) estimates and forecasts

Statistics highlight that American International Group Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 26.38% of value to its shares in past 6 months, showing an annual growth rate of 2.36% while that of industry is 12.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.60% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 11.37B for the same. And 3 analysts are in estimates of company making revenue of 12.39B in the next quarter. Company posted 13.22B and 12.77B of sales in current and next quarters respectively a year earlier.

In 2024, company’s earnings growth rate is likely to be around 3.56% while estimates for its earnings growth in next 5 years are of 10.00%.

AIG Dividends

American International Group Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.