Somewhat Favorable News Coverage Somewhat Unlikely to Affect Aegon NV (AEG) Share Price
News stories about Aegon NV (NYSE:AEG) have been trending somewhat positive on Thursday, according to Accern. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aegon NV earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.7470490344314 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Akaan and Aegon joint venture launches asset management company for Mexico (prnewswire.com)
- What Is Going On With AEGON NV (ADR)(NYSE:AEG)? – FinancialsTrend (financialstrend.com)
- AEGON NV (AEG) stock traded 15068827 shares actively on Oct 3, 2017 with flow of -1.22% – Voice Of Analysts (analystsbuzz.com)
- Aegon NV (AEG) Is It Worthy for Investors? – ExpertGazette (expertgazette.com)
- AEGON NV (AEG)- Analysts Forecasting Volatility Indicators – NASDAQ Times (nasdaqtimes.com)
Aegon NV (NYSE AEG) opened at 5.64 on Thursday. The firm has a market cap of $11.53 billion, a price-to-earnings ratio of 6.60 and a beta of 1.35. Aegon NV has a 52-week low of $4.00 and a 52-week high of $6.06. The company’s 50-day moving average price is $5.76 and its 200-day moving average price is $5.35.
Aegon NV (NYSE:AEG) last released its quarterly earnings results on Thursday, August 10th. The financial services provider reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.08 by $0.13. The business had revenue of $9.24 billion for the quarter. Aegon NV had a return on equity of 6.73% and a net margin of 5.18%. Analysts predict that Aegon NV will post $0.68 EPS for the current year.
The firm also recently declared a semiannual dividend, which was paid on Friday, September 15th. Investors of record on Monday, August 21st were given a dividend of $0.1522 per share. The ex-dividend date was Thursday, August 17th. This is a positive change from Aegon NV’s previous semiannual dividend of $0.12. This represents a yield of 5.23%. Aegon NV’s dividend payout ratio is 27.47%.
Aegon NV announced that its board has approved a share buyback program on Thursday, September 28th that allows the company to buyback 51,860,000 outstanding shares. This buyback authorization allows the financial services provider to repurchase shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
A number of research analysts recently issued reports on the company. BidaskClub lowered Aegon NV from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. Zacks Investment Research lowered Aegon NV from a “hold” rating to a “sell” rating in a research report on Tuesday. Sanford C. Bernstein assumed coverage on Aegon NV in a research report on Thursday, September 14th. They set a “market perform” rating and a $4.60 price objective for the company. Societe Generale lowered Aegon NV from a “buy” rating to a “hold” rating in a research report on Wednesday, September 13th. Finally, TheStreet upgraded Aegon NV from a “c+” rating to a “b” rating in a research report on Friday, August 25th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $5.28.
About Aegon NV
Aegon N.V. (Aegon) is an international life insurance, pensions and asset management company. The Company’s segments include the Americas, which includes the United States, Mexico and Brazil; the Netherlands; the United Kingdom; Central & Eastern Europe; Spain & Portugal; Asia, and Aegon Asset Management.
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