Somewhat Favorable News Coverage Somewhat Unlikely to Impact American International Group (AIG) Share Price
Media coverage about American International Group (NYSE:AIG) has been trending somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. American International Group earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news coverage about the insurance provider an impact score of 46.2235284311258 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- AIG Ramps Up Analysis Efforts for Insuring Against Cyber Risks (carriermanagement.com)
- AIG (NYSE: $AIG) Launches New Cyber Model That Scores Client Cyber Risk; Introduces CyberMatics℠ in Collaboration with CrowdStrike and Darktrace (investorideas.com)
- American International Group (AIG) Upgraded at Zacks Investment Research (americanbankingnews.com)
- AIG Launches New Cyber Model That Scores Client Cyber Risk; Introduces CyberMatics℠ in Collaboration with CrowdStrike & Dar… (ih.advfn.com)
- AIG Launches New Cyber Model That Scores Client Cyber Risk; Introduces CyberMatics? in Collaboration with CrowdStrike and Darktrace (markets.financialcontent.com)
AIG has been the subject of several research analyst reports. Royal Bank of Canada reiterated a “buy” rating and set a $73.00 target price on shares of American International Group in a research report on Wednesday, September 6th. Wells Fargo & Company reiterated a “buy” rating and set a $75.00 target price on shares of American International Group in a research report on Sunday, October 1st. Morgan Stanley reiterated a “buy” rating on shares of American International Group in a research report on Tuesday, October 10th. Bank of America dropped their target price on shares of American International Group from $71.00 to $69.00 and set a “buy” rating for the company in a research report on Tuesday, October 10th. Finally, Keefe, Bruyette & Woods reiterated a “buy” rating and set a $75.00 target price on shares of American International Group in a research report on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $67.70.
American International Group (NYSE AIG) traded down $0.86 during mid-day trading on Thursday, hitting $58.11. 6,958,951 shares of the company’s stock traded hands, compared to its average volume of 5,846,899. The stock has a market capitalization of $52,100.00, a P/E ratio of 23.88, a PEG ratio of 1.98 and a beta of 1.17. American International Group has a 52-week low of $57.85 and a 52-week high of $67.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.26 and a quick ratio of 0.26.
American International Group (NYSE:AIG) last posted its quarterly earnings results on Thursday, November 2nd. The insurance provider reported ($1.22) EPS for the quarter, missing the consensus estimate of $1.23 by ($2.45). The business had revenue of $12.67 billion for the quarter, compared to analysts’ expectations of $12.05 billion. American International Group had a positive return on equity of 3.43% and a negative net margin of 5.07%. During the same period last year, the business posted $1.23 earnings per share. equities analysts forecast that American International Group will post 2.76 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Friday, December 8th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Thursday, December 7th. American International Group’s payout ratio 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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