American Equity Investment Life Holding Company (AEL)

NYSE: AEL · IEX Real-Time Price · USD
40.30
-2.13 (-5.01%)
Dec 5, 2022 3:59 PM EST - Market closed
-5.01%
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. [Read more]

Industry Insurance
IPO Date Dec 4, 2003
Employees 800
Stock Exchange NYSE
Ticker Symbol AEL
Full Company Profile

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%.

Financial Statements

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
Stock Forecasts

News

American Equity (AEL) Up 15% in a Year: Will the Rally Last?

The increasing popularity of index products in the market, focus on expansion into new verticals, solid balance sheet and effective capital continue to drive American Equity (AEL).

4 days ago - Zacks Investment Research

American Equity to Hold Investor Symposium on Wednesday, December 7, 2022

WEST DES MOINES, Iowa--( BUSINESS WIRE )--American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading provider of financial dignity solutions through general account annui...

5 days ago - Business Wire

Why American Equity Investment Life Stock Dropped 14% This Week

It was a volatile week for the insurer and annuity provider.

3 weeks ago - The Motley Fool

AEL Board Approves Additional $400 Million Share Buyback Authorization With Continued Execution Of AEL 2.0 Strategy

WEST DES MOINES, Iowa--( BUSINESS WIRE )--American Equity Investment Life Holding Company (NYSE: AEL) announced today that its Board of Directors has put in place an additional $400 million common stock...

3 weeks ago - Business Wire

All You Need to Know About American Equity (AEL) Rating Upgrade to Buy

American Equity (AEL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 weeks ago - Zacks Investment Research

American Equity Announces Strategic Partnership With 26North

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (American Equity) (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), announced that it is entering int...

3 weeks ago - Business Wire

American Equity (AEL) Q3 Earnings Top Estimates, Decrease Y/Y

American Equity's (AEL) Q3 results reflect higher annuity product charges, increased net investment income and lower expenses, offset by lower premiums and other considerations.

3 weeks ago - Zacks Investment Research

American Equity Investment (AEL) Surpasses Q3 Earnings and Revenue Estimates

American Equity (AEL) delivered earnings and revenue surprises of 17.86% and 4.22%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

American Equity Reports Strong Earnings Driven by Continued Execution of AEL 2.0 Strategy with Private Asset Allocati...

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs) today reported on its third quarter 2022 results.

4 weeks ago - Business Wire

American Equity Recognized for Award-Winning Customer Satisfaction Among Annuity Providers in the U.S. by J.D. Power

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company® (NYSE:AEL) is proud to announce its subsidiary American Equity Investment Life Insurance Company®, a leader in th...

1 month ago - Business Wire

American Equity Declares 4th Quarter 2022 Preferred Stock Dividends

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Prefer...

1 month ago - Business Wire

Earnings Preview: American Equity Investment (AEL) Q3 Earnings Expected to Decline

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.

1 month ago - Zacks Investment Research

American Equity Schedules Third Quarter 2022 Earnings Release, Conference Call and Webcast

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release third quarter 2022 earnings and other financial results after the...

1 month ago - Business Wire

Is American Equity Investment Life Holding (AEL) Outperforming Other Finance Stocks This Year?

Here is how American Equity Investment (AEL) and Amalgamated Financial (AMAL) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Is American Equity Investment Life Holding (AEL) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

10 Best Dividend Stocks to Buy Now in October

These top dividend stocks are attractive at these levels and lower, and they add excellent diversity to a long-term investing portfolio.

2 months ago - The Motley Fool

Why Is American Equity (AEL) Down 10.8% Since Last Earnings Report?

American Equity (AEL) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

American Equity (AEL) Up 17% in a Year: More Upside Left?

A compelling product portfolio, increasing popularity of index products in the market, focus on expansion into new verticals, solid balance sheet and effective capital poise American Equity (AEL) for gr...

3 months ago - Zacks Investment Research

Eagle Life Insurance Company® Partners With InvestCloud for Tailored Approach to the Sales Experience

WEST DES MOINES, Iowa--(BUSINESS WIRE)--Eagle Life Insurance Company®, a provider of fixed and index annuities, has announced today that it is teaming up with InvestCloud, a global leader in digital tra...

3 months ago - Business Wire

American Equity (AEL) Q2 Earnings Beat, Revenues Rise Y/Y

American Equity's (AEL) Q2 results reflect higher net investment income, offset by lower premiums and annuity product charges.

3 months ago - Zacks Investment Research

American Equity Investment (AEL) Beats Q2 Earnings and Revenue Estimates

American Equity (AEL) delivered earnings and revenue surprises of 24.05% and 6.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

American Equity Reports Strong Results as Investment Yield Improves

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Reports Strong Results as Investment Yield Improves

3 months ago - Business Wire

Why American Equity Investment (AEL) Might Surprise This Earnings Season

American Equity Investment (AEL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

4 months ago - Zacks Investment Research

American Equity Schedules Second Quarter 2022 Earnings Release, Conference Call and Webcast

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release second quarter 2022 earnings and other financial results after th...

4 months ago - Business Wire

American Equity Declares 3rd Quarter 2022 Preferred Stock Dividends

WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity declares 3rd quarter 2022 preferred stock dividends.

4 months ago - Business Wire