American Equity Investment Life Holding Company (AEL)

Market Cap	3.64B
Revenue (ttm)	1.87B
Net Income (ttm)	1.29B
Shares Out	87.64M
EPS (ttm)	13.82
PE Ratio	2.92
Forward PE	8.58
Dividend	$0.02 (0.05%)
Ex-Dividend Date	Nov 25, 2022

Volume	747,896
Open	42.21
Previous Close	42.42
Day's Range	40.07 - 42.2
52-Week Range	28.05 - 44.49
Beta	0.97
Analysts	Buy
Price Target	43.75 (+8.6%)
Earnings Date	Nov 8, 2022

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, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was incorporated in 1995 and is headquartered in West Des Moines, Iowa.

• Industry: Insurance
• IPO Date: Dec 4, 2003
• Employees: 800
• Stock Exchange: NYSE
• Ticker Symbol: AEL

Financial Performance

In 2021, AEL's revenue was $3.69 billion, an increase of 52.17% compared to the previous year's $2.42 billion. Earnings were $473.99 million, a decrease of -29.41%.

Analyst Forecast

According to 14 analysts, the average rating for AEL stock is "Buy." The 12-month stock price forecast is 43.75, which is an increase of 8.59% from the latest price.

Price Target

$43.75

(8.59% upside)

Analyst Consensus: Buy