American International Group (AIG)
(Delayed Data from NYSE)
$73.76 USD
-0.13 (-0.18%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $73.75 -0.01 (-0.01%) 7:58 PM ET
5-Strong Sell of 5 5
D Value F Growth C Momentum D VGM
Company Summary
American International Group is a leading global insurance organization. Building on its long history, it provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.
These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The company is also committed to promote economic growth and sustainable solutions in global communities. It intends to achieve net-zero emissions from operations by 2050, in line with the Paris Agreement. ...
Company Summary
American International Group is a leading global insurance organization. Building on its long history, it provides a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions.
These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. The company is also committed to promote economic growth and sustainable solutions in global communities. It intends to achieve net-zero emissions from operations by 2050, in line with the Paris Agreement. It has invested $3.2 billion in private solar, wind, geothermal, hydroelectric and other renewable source projects to support energy transformation.
AIG is reporting its core insurance operations under three segments:
General Insurance (56.2% of adjusted revenues in 2023) provides insurance products and services for commercial and personal insurance customers, through a diversified, multichannel distribution network. It includes the following major operating companies: National Union, American Home, Lexington Insurance Company, AIG Sonpo, AIG Asia Pacific Insurance, AIG Europe, American International Group UK Ltd., Western World Insurance Group, Glatfelter and others.
Life and Retirement (43%) consist of a broad portfolio of life insurance, retirement and institutional products offered through an extensive, multichannel distribution network. AIG closed the IPO of Corebridge Financial (CRBG), the holding company of its Life and Retirement unit, in September 2022. It closed several secondary offerings since then and agreed to sell 20% ownership stake of CRBG to Nippon Life Insurance Company. AIG, now retains an ownership of 48.4% in Corebridge.
Other Operations (0.8%) include AIG Parent; Blackboard; deferred tax assets related to tax attributes; corporate expenses and intercompany eliminations.
General Information
American International Group, Inc
1271 AVE OF THE AMERICAS FL 37
NEW YORK, NY 10020
Phone: 212-770-7000
Fax: 212-770-7821
Web: http://www.aig.com
Email: quentin.mcmillan@aig.com
Industry | Insurance - Multi line |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.22 |
Current Year EPS Consensus Estimate | 5.24 |
Estimated Long-Term EPS Growth Rate | 3.80 |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 73.89 |
52 Week High | 80.83 |
52 Week Low | 57.72 |
Beta | 1.06 |
20 Day Moving Average | 4,232,655.00 |
Target Price Consensus | 83.67 |
4 Week | -2.07 |
12 Week | -0.65 |
YTD | 8.87 |
4 Week | -3.24 |
12 Week | -4.86 |
YTD | -8.94 |
Shares Outstanding (millions) | 643.95 |
Market Capitalization (millions) | 47,497.86 |
Short Ratio | NA |
Last Split Date | 7/1/2009 |
Dividend Yield | 2.17% |
Annual Dividend | $1.60 |
Payout Ratio | 0.25 |
Change in Payout Ratio | -0.06 |
Last Dividend Payout / Amount | 9/16/2024 / $0.40 |
Fundamental Ratios
P/E (F1) | 14.08 |
Trailing 12 Months | 11.65 |
PEG Ratio | 3.68 |
vs. Previous Year | -33.71% |
vs. Previous Quarter | -34.46% |
vs. Previous Year | -50.37% |
vs. Previous Quarter | -47.85% |
Price/Book | 1.07 |
Price/Cash Flow | 5.54 |
Price / Sales | 1.14 |
6/30/24 | 9.52 |
3/31/24 | 10.54 |
12/31/23 | 10.68 |
6/30/24 | 1.01 |
3/31/24 | 0.93 |
12/31/23 | 0.93 |
6/30/24 | 0.67 |
3/31/24 | 0.29 |
12/31/23 | 0.31 |
6/30/24 | 0.67 |
3/31/24 | 0.29 |
12/31/23 | 0.31 |
6/30/24 | 10.67 |
3/31/24 | 10.27 |
12/31/23 | 10.58 |
6/30/24 | -1.54 |
3/31/24 | 9.98 |
12/31/23 | 7.78 |
6/30/24 | 14.07 |
3/31/24 | 12.69 |
12/31/23 | 8.24 |
6/30/24 | 69.07 |
3/31/24 | 74.00 |
12/31/23 | 73.78 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 0.22 |
3/31/24 | 0.05 |
12/31/23 | 0.44 |
6/30/24 | 18.27 |
3/31/24 | 5.06 |
12/31/23 | 30.38 |