American International Group Inc. (NYSE:AIG) – Analysts at William Blair lowered their Q1 2017 earnings per share (EPS) estimates for American International Group in a note issued to investors on Wednesday. William Blair analyst A. Klauber now expects that the brokerage will earn $0.97 per share for the quarter, down from their previous estimate of $0.99. William Blair also issued estimates for American International Group’s Q3 2017 earnings at $1.19 EPS, Q4 2017 earnings at $0.99 EPS, FY2017 earnings at $4.55 EPS and FY2018 earnings at $5.78 EPS.

American International Group (NYSE:AIG) last posted its earnings results on Wednesday, November 2nd. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.02. American International Group had a net margin of 0.66% and a return on equity of 1.82%. During the same quarter in the prior year, the firm earned $0.52 earnings per share.

Earnings History and Estimates for American International Group (NYSE:AIG)

A number of other equities research analysts also recently commented on AIG. Vetr downgraded shares of American International Group from a “hold” rating to a “sell” rating and set a $55.52 price objective on the stock. in a research report on Wednesday, August 3rd. Keefe, Bruyette & Woods increased their price objective on shares of American International Group from $70.00 to $74.00 and gave the company an “outperform” rating in a research report on Thursday, August 4th. FBR & Co reissued a “hold” rating and issued a $53.00 price objective on shares of American International Group in a research report on Thursday, August 4th. JPMorgan Chase & Co. reissued a “hold” rating and issued a $65.00 price objective on shares of American International Group in a research report on Thursday, November 3rd. Finally, Credit Suisse Group AG set a $60.00 price objective on shares of American International Group and gave the company a “hold” rating in a research report on Wednesday, August 3rd. Nine equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $65.12.

American International Group (NYSE:AIG) traded down 0.51% on Friday, reaching $63.90. 2,644,719 shares of the company were exchanged. The stock has a market capitalization of $65.63 billion, a price-to-earnings ratio of 208.14 and a beta of 1.37. The stock has a 50-day moving average price of $60.67 and a 200 day moving average price of $57.45. American International Group has a 52 week low of $48.41 and a 52 week high of $64.72.

Large investors have recently added to or reduced their stakes in the stock. Chicago Partners Investment Group LLC boosted its position in shares of American International Group by 0.5% in the third quarter. Chicago Partners Investment Group LLC now owns 2,615 shares of the insurance provider’s stock worth $155,000 after buying an additional 14 shares during the period. Gilder Gagnon Howe & Co. LLC boosted its position in shares of American International Group by 0.5% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 3,303 shares of the insurance provider’s stock worth $175,000 after buying an additional 17 shares during the period. Sequoia Financial Advisors LLC boosted its position in shares of American International Group by 0.5% in the second quarter. Sequoia Financial Advisors LLC now owns 4,108 shares of the insurance provider’s stock worth $217,000 after buying an additional 19 shares during the period. Eastern Bank boosted its position in shares of American International Group by 0.3% in the third quarter. Eastern Bank now owns 7,021 shares of the insurance provider’s stock worth $416,000 after buying an additional 21 shares during the period. Finally, Strategic Advisors LLC boosted its position in shares of American International Group by 0.3% in the third quarter. Strategic Advisors LLC now owns 18,422 shares of the insurance provider’s stock worth $1,093,000 after buying an additional 49 shares during the period. Hedge funds and other institutional investors own 83.72% of the company’s stock.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 22nd. Investors of record on Thursday, December 8th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.99%. American International Group’s payout ratio is 290.92%.

About American International Group

American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and jurisdictions. The Company operates through two segments: Commercial Insurance and Consumer Insurance, as well as a Corporate and Other category.

5 Day Chart for NYSE:AIG

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