American International Group, Inc. (AIG)

NYSE: AIG · Real-Time Price · USD
74.66
-0.64 (-0.85%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.85%
Market Cap 46.57B
Revenue (ttm) 45.30B
Net Income (ttm) -2.24B
Shares Out 623.77M
EPS (ttm) -3.34
PE Ratio 13.16
Forward PE 12.26
Dividend $1.60 (2.14%)
Ex-Dividend Date Dec 16, 2024
Volume 3,998,299
Open 75.54
Previous Close 75.30
Day's Range 74.55 - 75.59
52-Week Range 64.54 - 80.83
Beta 1.07
Analysts Buy
Price Target 84.13 (+12.68%)
Earnings Date Nov 4, 2024

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]

Sector Financials
Founded 1919
Employees 25,200
Stock Exchange NYSE
Ticker Symbol AIG
Full Company Profile

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 Statements

Analyst Forecast

According to 16 analysts, the average rating for AIG stock is "Buy." The 12-month stock price forecast is $84.13, which is an increase of 12.68% from the latest price.

Price Target
$84.13
(12.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days ago - Business Wire

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 ...

Other symbols: CRBG
13 days ago - Business Wire

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...

13 days ago - Business Wire

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 ...

Other symbols: CRBG
13 days ago - Business Wire

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...

Other symbols: DLRRHPSLFWMB
15 days ago - Forbes

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...

15 days ago - Seeking Alpha

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.

16 days ago - Reuters

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 ...

16 days ago - Business Wire

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.

Other symbols: EXPEGM
4 weeks ago - Barrons

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 ...

4 weeks ago - Business Wire

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Newsfile Corp

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...

2 months ago - Seeking Alpha

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 / ...

2 months ago - Business Wire

AIG to Participate in the 2024 KBW Insurance Conference

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Peter Zaffino, AIG Chairman & Chief Executive Officer, will participate in a fireside chat at the 2024 KB...

3 months ago - Business Wire

KBW analysts recommend these 11 financial stocks after the market sell-off

As financial stocks bounced back Tuesday from steep losses, KBW Research has recommended 11 financial stocks for investors to consider buying based on two categories: oversold or idiosyncratic with ca...

3 months ago - Market Watch

American International Group, Inc. (AIG) Q2 2024 Earnings Call Transcript

American International Group, Inc. (NYSE:AIG) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Quentin McMillan - VP, Managing Director & Head of IR Peter Zaffino - Cha...

3 months ago - Seeking Alpha

AIG misses profit estimates on lower underwriting income, catastrophe losses

American International Group reported a smaller-than-expected rise in second-quarter profit on Wednesday, hurt by lower underwriting income in its general insurance unit tied to divestitures and highe...

4 months ago - Reuters

AIG Reports Exceptional Second Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the second quarter ended June 30, 2024. AIG Chairman & Chief Executive Officer Peter Zaff...

4 months ago - Business Wire

Private Client Select Forms Exclusive Distribution Partnership with Ryan Specialty for Excess & Surplus Lines

NEW YORK--(BUSINESS WIRE)--Private Client Select Insurance Services LLC (PCS), a leading independent Managing General Underwriter that is majority owned by American International Group, Inc. (NYSE: AI...

Other symbols: RYAN
4 months ago - Business Wire

AIG Names Melissa Twiningdavis Executive Vice President, Chief Administrative Officer

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG), today announced that Melissa Twiningdavis has been appointed Executive Vice President, Chief Administrative Officer, effectiv...

4 months ago - Business Wire

AIG Names Adam Burk Global Treasurer and Head of Corporate Development

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the appointment of Adam Burk as Global Treasurer and Head of Corporate Development, effective immediately. He ...

4 months ago - Business Wire