American International Group (AIG) Issues Earnings Results
American International Group (NYSE:AIG) announced its quarterly earnings data on Thursday. The insurance provider reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.18), Bloomberg Earnings reports. American International Group had a negative net margin of 5.07% and a positive return on equity of 3.43%. During the same quarter in the previous year, the business earned ($2.96) EPS.
American International Group (NYSE AIG) traded up $1.56 during trading hours on Friday, hitting $59.84. The stock had a trading volume of 4,899,287 shares, compared to its average volume of 6,227,576. American International Group has a fifty-two week low of $57.85 and a fifty-two week high of $67.30. The company has a market capitalization of $53,880.00, a P/E ratio of -23.99, a price-to-earnings-growth ratio of 0.99 and a beta of 1.17. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.26 and a current ratio of 0.26.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 2.14%. American International Group’s dividend payout ratio (DPR) is -51.41%.
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American International Group Company Profile
American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.
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