American International Group, Inc. (AIG)
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]
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 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.
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...
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 / ...
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...
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...
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...
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...
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...
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...
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...
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 ...