American Equity Investment Life Holding Company (AEL)
| Market Cap | 2.73B |
| Revenue (ttm) | 3.87B |
| Net Income (ttm) | 861.14M |
| Shares Out | 95.43M |
| EPS (ttm) | 9.13 |
| PE Ratio | 3.08 |
| Forward PE | 6.16 |
| Dividend | $0.32 (1.14%) |
| Ex-Dividend Date | Nov 24, 2020 |
| Volume | 50,192 |
| Open | 28.86 |
| Previous Close | 29.56 |
| Day's Range | 28.12 - 29.06 |
| 52-Week Range | 18.84 - 33.86 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 35.11 (+24.9%) |
| Est. Earnings Date | Oct 27, 2021 |
About AEL
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities; and single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was founded in 1995 and is headquartered in West Des Moines, Iowa.
Financial Performance
In 2020, AEL's revenue was $2.42 billion, a decrease of -30.01% compared to the previous year's $3.46 billion. Earnings were $671.46 million, an increase of 172.85%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for AEL stock is "Buy." The 12-month stock price forecast is 35.11, which is an increase of 24.86% from the latest price.
News
Reasons Why Investors Should Retain American Equity (AEL)
American Equity (AEL) stands to benefit from increases in average invested assets, solid financial position, and effective capital deployment.
American Equity Names Axel Andre as Chief Financial Officer
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Names Axel Andre as Chief Financial Officer
American Equity CEO Anant Bhalla to Participate in Fireside Chat at 2021 Virtual KBW Insurance Conference
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity CEO Anant Bhalla to Participate in Fireside Chat at 2021 Virtual KBW Insurance Conference
American Equity (AEL) Q2 Earnings Beat, Revenues Fall Y/Y
American Equity's (AEL) Q2 results reflect higher annuity sales, and improved premiums and other considerations besides an expense decline.
American Equity Investment (AEL) Surpasses Q2 Earnings and Revenue Estimates
American Equity (AEL) delivered earnings and revenue surprises of 84.91% and 3.19%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
American Equity Reports Second Quarter 2021 Results
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Reports Second Quarter 2021 Results
American Equity Declares 3rd Quarter 2021 Preferred Stock Dividends
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Declares 3rd Quarter 2021 Preferred Stock Dividends
Analysts Estimate American Equity Investment (AEL) to Report a Decline in Earnings: What to Look Out for
American Equity (AEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Equity Announces Time Change for Conference Call and Webcast on Second Quarter 2021 Financial Results
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Announces Time Change for Conference Call and Webcast on Second Quarter 2021 Financial Results
American Equity Schedules Second Quarter 2021 Earnings Release, Conference Call and Webcast
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity schedules second quarter 2021 earnings release, conference call and webcast
Steven Scruggs' Top 5 Trades of the 2nd Quarter
Steven Scruggs (Trades, Portfolio), who manages the FPA Queens Road Small Cap Value Fund, disclosed its second-quarter portfolio earlier this week.
American Equity's (AEL) Annuity Product Aids Amid Cost Woes
American Equity (AEL) holds potential to reap benefits driven by higher average fees and surrender charges, solid financial position and effective capital deployment.
Why Is American Equity (AEL) Up 0.9% Since Last Earnings Report?
American Equity (AEL) reported earnings 30 days ago. What's next for the stock?
American Equity to Name New Chief Financial Officer
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity to Name New Chief Financial Officer
American Equity (AEL) Q1 Earnings Miss, Revenues Beat Mark
American Equity's (AEL) Q1 results reflect lower investment spread income, higher operating costs and expenses as well as improved annuity sales.
American Equity Investment (AEL) Q1 Earnings Lag Estimates
American Equity (AEL) delivered earnings and revenue surprises of -27.12% and 1.23%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
American Equity Reports First Quarter 2021 Results
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Reports First Quarter 2021 Results
American Equity Declares 2nd Quarter 2021 Preferred Stock Dividends
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Declares 2nd Quarter 2021 Preferred Stock Dividends
Analysts Estimate American Equity Investment (AEL) to Report a Decline in Earnings: What to Look Out for
American Equity (AEL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Equity Schedules First Quarter 2021 Earnings Release, Conference Call and Webcast
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity schedules first quarter 2021 earnings release, conference call and webcast
Insurance Stock Gainers And Losers In Tuesdays Premarket Session
Here are the insurance stocks that are moving in Tuesday's premarket session on the stock market . Gainers Lincoln National Corp (NYSE: LNC) stock fell by 0.35% to $64.78 during Monday's trading session.
American Equity Names Phyllis Zanghi as Chief Legal Officer
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity names Phyllis Zanghi as Chief Legal Officer
American Equity (AEL) Up 7.3% Since Last Earnings Report: Can It Continue?
American Equity (AEL) reported earnings 30 days ago. What's next for the stock?
American Equity (AEL) Q4 Earnings, Revenues Miss, Down Y/Y
American Equity (AEL) Q4 results reflect lower investment spread income, operating costs and expenses and increase in the liability for future policy benefits for lifetime income benefit riders.