Equities research analysts predict that American International Group Inc (NYSE:AIG) will report earnings per share of $1.21 for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for American International Group’s earnings, with the highest EPS estimate coming in at $1.30 and the lowest estimate coming in at $1.02. American International Group posted earnings per share of ($1.22) in the same quarter last year, which suggests a positive year over year growth rate of 199.2%. The company is expected to announce its next quarterly earnings report on Thursday, November 1st.

According to Zacks, analysts expect that American International Group will report full-year earnings of $4.56 per share for the current fiscal year, with EPS estimates ranging from $4.35 to $4.70. For the next year, analysts expect that the company will report earnings of $5.49 per share, with EPS estimates ranging from $5.10 to $5.85. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow American International Group.

American International Group (NYSE:AIG) last released its quarterly earnings results on Thursday, August 2nd. The insurance provider reported $1.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.21 by ($0.16). The firm had revenue of $11.47 billion for the quarter, compared to analysts’ expectations of $11.71 billion. American International Group had a positive return on equity of 2.03% and a negative net margin of 13.67%. During the same period last year, the firm earned $1.19 EPS.

Several research analysts have weighed in on the stock. Zacks Investment Research raised shares of American International Group from a “strong sell” rating to a “hold” rating and set a $60.00 price objective for the company in a report on Wednesday, July 4th. ValuEngine raised shares of American International Group from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. Wells Fargo & Co set a $62.00 price objective on shares of American International Group and gave the stock a “buy” rating in a report on Thursday, June 7th. Argus decreased their price objective on shares of American International Group from $63.00 to $58.00 and set a “buy” rating for the company in a report on Friday, August 10th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $63.00 price objective on shares of American International Group in a report on Saturday, June 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. American International Group currently has a consensus rating of “Buy” and an average price target of $63.33.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC boosted its holdings in shares of American International Group by 56.3% in the 2nd quarter. FMR LLC now owns 22,621,535 shares of the insurance provider’s stock valued at $1,199,393,000 after buying an additional 8,149,702 shares during the period. Franklin Resources Inc. boosted its holdings in shares of American International Group by 3.5% in the 1st quarter. Franklin Resources Inc. now owns 21,547,420 shares of the insurance provider’s stock valued at $1,172,611,000 after buying an additional 718,976 shares during the period. Macquarie Group Ltd. boosted its holdings in shares of American International Group by 38,370.8% in the 2nd quarter. Macquarie Group Ltd. now owns 12,733,842 shares of the insurance provider’s stock valued at $675,148,000 after buying an additional 12,700,742 shares during the period. Boston Partners boosted its holdings in shares of American International Group by 82.5% in the 2nd quarter. Boston Partners now owns 12,260,976 shares of the insurance provider’s stock valued at $650,077,000 after buying an additional 5,543,692 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of American International Group by 4.8% in the 2nd quarter. Northern Trust Corp now owns 10,430,195 shares of the insurance provider’s stock valued at $553,009,000 after buying an additional 479,380 shares during the period. 89.26% of the stock is owned by institutional investors and hedge funds.

AIG stock traded down $0.02 during mid-day trading on Monday, hitting $54.65. 6,621,500 shares of the company were exchanged, compared to its average volume of 5,888,083. The firm has a market cap of $48.57 billion, a P/E ratio of 22.84, a P/E/G ratio of 1.09 and a beta of 1.28. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.28 and a quick ratio of 0.28. American International Group has a twelve month low of $49.57 and a twelve month high of $65.55.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Monday, September 17th will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.34%. The ex-dividend date is Friday, September 14th. American International Group’s dividend payout ratio (DPR) is presently 53.33%.

About American International Group

American International Group, Inc provides insurance products for commercial, institutional, and individual customers primarily in the United States, Europe, and Japan. The company's General Insurance segment offers general liability, environmental, commercial automobile liability, workers' compensation, excess casualty, and crisis management insurance products, as well as various risk-sharing and other customized structured programs; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, surety, and marine insurance.

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