American Equity Investment Life Holding Company (NYSE:AEL) will be releasing its earnings data after the market closes on Monday, November 6th. Analysts expect American Equity Investment Life Holding to post earnings of $0.63 per share for the quarter.

American Equity Investment Life Holding (NYSE:AEL) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.12. American Equity Investment Life Holding had a return on equity of 6.84% and a net margin of 6.48%. The company had revenue of $819.10 million during the quarter, compared to analysts’ expectations of $531.83 million. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue for the quarter was up 49.0% on a year-over-year basis. On average, analysts expect American Equity Investment Life Holding to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of American Equity Investment Life Holding Company (NYSE:AEL) opened at $29.65 on Friday. The stock has a market capitalization of $2.62 billion, a price-to-earnings ratio of 15.12 and a beta of 2.54. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.43.

AEL has been the subject of a number of recent research reports. TheStreet upgraded shares of American Equity Investment Life Holding from a “c+” rating to a “b” rating in a report on Thursday, August 3rd. Royal Bank Of Canada restated a “buy” rating and issued a $30.00 price objective on shares of American Equity Investment Life Holding in a report on Tuesday, October 10th. BidaskClub lowered shares of American Equity Investment Life Holding from a “strong-buy” rating to a “buy” rating in a report on Monday, July 31st. Zacks Investment Research upgraded shares of American Equity Investment Life Holding from a “hold” rating to a “buy” rating and set a $31.00 price objective for the company in a report on Tuesday, August 8th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $28.00 price objective on shares of American Equity Investment Life Holding in a report on Wednesday, August 16th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. American Equity Investment Life Holding presently has an average rating of “Buy” and an average price target of $26.38.

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American Equity Investment Life Holding Company Profile

American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company.

Earnings History for American Equity Investment Life Holding (NYSE:AEL)

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