American International Group, Inc. (AIG)

NYSE: AIG · Real-Time Price · USD
77.03
-0.52 (-0.67%)
At close: Oct 22, 2024, 4:00 PM
77.00
-0.03 (-0.04%)
After-hours: Oct 22, 2024, 7:14 PM EDT
-0.67%
Market Cap 49.60B
Revenue (ttm) 45.93B
Net Income (ttm) -677.00M
Shares Out 643.95M
EPS (ttm) -0.99
PE Ratio 16.10
Forward PE 13.26
Dividend $1.60 (2.08%)
Ex-Dividend Date Sep 16, 2024
Volume 2,838,280
Open 76.81
Previous Close 77.55
Day's Range 76.29 - 77.37
52-Week Range 59.11 - 80.83
Beta 1.07
Analysts Buy
Price Target 84.38 (+9.54%)
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 $84.38, which is an increase of 9.54% from the latest price.

Price Target
$84.38
(9.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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...

14 days 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...

4 weeks 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...

5 weeks 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...

6 weeks 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...

6 weeks 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 / ...

7 weeks 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...

2 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...

2 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...

2 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...

2 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...

2 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
3 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...

3 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 ...

3 months ago - Business Wire

AIG to Report Second Quarter 2024 Financial Results on July 31, 2024, and Host Conference Call on August 1, 2024

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) will report financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, July 31, 2024....

4 months ago - Business Wire

Zurich Insurance buys AIG travel business in $600 mln deal

Zurich Insurance on Wednesday announced a $600 million deal to buy AIG's global personal travel insurance and assistance business.

4 months ago - Reuters

AIG to Sell 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 has entered into a definitive agreement to sell its global individual personal travel insurance and as...

4 months ago - Business Wire

American International Group Stock Is Up 9% YTD, What's Next?

American International Group's stock (NYSE: AIG) has gained around 9% YTD, while the S&P500 is up 15% over the same period. Notably, American International Group's peer Travelers (NYSE: TRV) is also u...

4 months ago - Forbes

Corebridge Financial: Long-Term Positives Outweigh Near-Term AIG Share Sales

Corebridge Financial stock has nearly doubled over the past year due to elevated interest rates and divestitures simplifying its business. AIG has been gradually reducing its stake in Corebridge, with...

Other symbols: CRBG
4 months ago - Seeking Alpha

AIG Completes Deconsolidation of Corebridge Financial

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced it has met the requirements for the deconsolidation of Corebridge Financial (NYSE: CRBG) for accounting purpos...

Other symbols: CRBG
4 months ago - Business Wire

AIG Announces Closing of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its secondary offering of shares of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, ...

Other symbols: CRBG
5 months ago - Business Wire

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $29.20 pe...

Other symbols: CRBG
5 months ago - Business Wire

AIG Announces Launch of Secondary Offering of Corebridge Financial, Inc. Common Stock

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the sellin...

Other symbols: CRBG
5 months ago - Business Wire

American International Group, Inc. (AIG) Bernstein's 40th Annual Strategic Decisions Conference (Transcript)

American International Group, Inc. (NYSE:AIG) Bernstein's 40th Annual Strategic Decisions Conference May 29, 2024 11:00 AM ET Company Participants Peter Zaffino - Chairman, CEO Conference Call Partic...

5 months ago - Seeking Alpha