American International Group, Inc. (AIG)
Market Cap | 45.59B |
Revenue (ttm) | 45.30B |
Net Income (ttm) | -2.24B |
Shares Out | 623.77M |
EPS (ttm) | -3.34 |
PE Ratio | 12.77 |
Forward PE | 12.03 |
Dividend | $1.60 (2.18%) |
Ex-Dividend Date | Dec 16, 2024 |
Volume | 837,089 |
Open | 72.78 |
Previous Close | 72.47 |
Day's Range | 72.10 - 73.43 |
52-Week Range | 66.06 - 80.83 |
Beta | 1.07 |
Analysts | Buy |
Price Target | 84.40 (+15.47%) |
Earnings Date | Feb 11, 2025 |
About AIG
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, ... [Read more]
Financial Performance
In 2023, AIG's revenue was $46.68 billion, a decrease of -14.24% compared to the previous year's $54.43 billion. Earnings were $3.61 billion, a decrease of -64.56%.
Financial StatementsAnalyst Forecast
According to 15 analysts, the average rating for AIG stock is "Buy." The 12-month stock price forecast is $84.4, which is an increase of 15.47% from the latest price.
News
What's Next For AIG Stock?
American International Group's stock (NYSE: AIG) has gained around 7% over the last 12 months, while the S&P500 is up by over 25% over the same period. American International Group's peer Travelers (N...
If I Could Only Buy 2 High Dividend Yield Companies In December 2024: Both Yield Above 7%
I will demonstrate why I believe that Altria and BB Seguridade Participações S.A. could be attractive additions to your dividend portfolio. Both companies have an attractive Valuation, combine dividen...
AIG Leads Launch of Syndicate 2478 at Lloyd's Through Multi-Year Blackstone Strategic Relationship
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has led the launch of a new reinsurance syndicate at Lloyd's. Syndicate 2478 will commence underwritin...
AIG Announces Results and Upsizing of Its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the results of its previously announced 12 separate offers (the “Offers”) to purchase for cash the notes of th...
AIG Announces Reference Yields and Total Consideration for its Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the pricing terms for each series of the Notes included in its previously announced tender offers (the “Offers...
AIG Closes Sale of 21.6% Ownership Stake of Corebridge to Nippon Life
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that is has successfully closed the previously announced sale of approximately 120 million shares of its Coreb...
AIG Announces Cash Tender Offers for Certain Outstanding Notes
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has commenced 12 separate offers (each, an “Offer” and collectively, the “Offers”) to purchase outstan...
AIG Closes Sale of its Global Personal Travel Insurance and Assistance Business including Travel Guard® to Zurich
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it successfully closed the previously announced sale of its global individual personal travel insurance a...
AIG Appoints Christopher Schaper Chief Risk Officer
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Christopher Schaper has been appointed Chief Risk Officer of AIG, effective immediately. Mr. Schaper will...
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIG
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of ...
AIG Elects Courtney Leimkuhler to its Board of Directors
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Courtney Leimkuhler, co-founder and Managing Partner of the venture fund, Springbank, has been elected to...
Corebridge Financial Announces Launch of Secondary Offering of Common Stock by AIG
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the ...
Daily Dividend Report: AIG, Williams, Digital Realty, Ryman, Sun Life
On November 4, 2024, the AIG Board of Directors declared a quarterly cash dividend on AIG common stock of $0.40 per share. The dividend is payable on December 30, 2024 to stockholders of record at the...
American International Group, Inc. (AIG) Q3 2024 Earnings Call Transcript
American International Group, Inc. (NYSE:AIG) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, MD and Head of IR Peter Zaffino - Chairman and C...
AIG's profit beats estimates on strong underwriting, investment returns
American International Group sailed past Wall Street estimates for third-quarter profit on Monday as the insurer benefited from strong underwriting and higher returns on investments.
AIG Reports Excellent Third Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2024. AIG Chairman & Chief Executive Officer Peter ...
GM, Wells Fargo, AIG, Expedia Top List of Companies With High Total Yields
We look at the companies that return the most cash to shareholders through a combination of stock repurchases and dividends.
AIG to Expand Its Atlanta Footprint with New Innovation Hub and More Than 600 Additional Local Jobs
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced plans to consolidate and expand its Atlanta-area footprint with the relocation of its Alpharetta and Buckhead ...
AIG to Redeem Zero Coupon Callable Notes Due 2047
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding Zero Coupon Callable Notes Due 2047 (Common Code 168419864 / ISIN X...
AIG to Report Third Quarter 2024 Financial Results on November 4, 2024, and Host Conference Call on November 5, 2024
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the third quarter ended September 30, 2024, after the market closes on Monday, November 4, 2...
AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Keith Walsh will join the company as Executive Vice President, Chief Financial Officer, effective October...
American International Group: Don't Overthink It
AIG's commercial underwriting has quietly rivaled that of industry leader, Chubb. A narrowed focus has AIG's set for a 3%+ reduction in its expense ratio over the next few years, supporting a structur...
AIG (AIG) Now Trading on LBank Exchange with 781% Price Surge
Road Town, British Virgin Islands--(Newsfile Corp. - September 6, 2024) - In a major development for cryptocurrency enthusiasts, LBank Exchange, a leading global digital asset trading platform, has an...
American International Group, Inc. (AIG) Presents at 2024 Keefe, Bruyette & Woods Insurance Conference (Transcript)
Start Time: 16:20 January 1, 0000 5:05 PM ET American International Group, Inc. (NYSE:AIG) 2024 Keefe, Bruyette & Woods Insurance Conference September 04, 2024, 16:20 PM ET Company Participants Peter...
AIG to Redeem Series A-3 Junior Subordinated Debentures
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding Series A-3 Junior Subordinated Debentures (Common Code 026874BG1 / ...