During the recent session, American International Group Inc (NYSE:AIG)’s traded shares were 1.08 million, with the beta value of the company hitting 0.66. At the last check today, the stock’s price was $84.90, reflecting an intraday gain of 0.78% or $0.65. The 52-week high for the AIG share is $88.07, that puts it down -3.73 from that peak though still a striking 18.73% gain since the share price plummeted to a 52-week low of $69.00. The company’s market capitalization is $48.93B, and the average trade volume was 4.59 million shares over the past three months.
American International Group Inc (AIG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.95. AIG has a Sell rating from 2 analyst(s) out of 12 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.65.
American International Group Inc (NYSE:AIG) trade information
American International Group Inc (AIG) registered a 0.78% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.78% in intraday trading to $84.90, hitting a weekly high. The stock’s 5-day price performance is -1.04%, and it has moved by 0.98% in 30 days. Based on these gigs, the overall price performance for the year is 14.77%.
The consensus price target of analysts on Wall Street is $93, which implies an increase of 8.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $82 and $98 respectively. As a result, AIG is trading at a discount of -15.43% off the target high and 3.42% off the low.
American International Group Inc (AIG) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.03% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 6.81B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 6.97B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 6.56B and 6.75B respectively. In this case, analysts expect current quarter sales to grow by 3.87% and then jump by 3.25% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.25%. While earnings are projected to return 27.43% in 2025, the next five years will return 21.82% per annum.
AIG Dividends
American International Group Inc is due to release its next quarterly earnings on 2025-May-01. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for American International Group Inc is 1.65, with the dividend yield indicating at 1.94 percent, continuing the trend of increasing dividends in recent years.
American International Group Inc (NYSE:AIG)’s Major holders
American International Group Inc insiders own 0.29% of total outstanding shares while institutional holders control 95.99%, with the float percentage being 96.27%. VANGUARD GROUP INC is the largest shareholder of the company, while 1504.0 institutions own stock in it. As of 2024-06-30, the company held over 68.08 million shares (or 8.64% of all shares), a total value of $5.05 billion in shares.
The next largest institutional holding, with 57.15 million shares, is of BLACKROCK INC.’s that is approximately 7.253% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $4.24 billion.
