Upcoming Earnings Overview:
AIG is set to report its latest quarterly earnings on Wednesday, April 29th, with a consensus estimate EPS of $1.91.
Live Analysis:
American International Group, Inc. (AIG) is currently priced at $73.97, experiencing a decrease of 17.5 cents (-0.236%) from the previous close. The trading volume is at $2.89 million, representing a 66.56% increase relative to the average.
Earnings Overview:
In the most recent earnings report on Monday, February 9th, AIG had a consensus estimate EPS of 1.89.
Dividends:
AIG offers a forward dividend yield of 2.43%. The dividend per share MRQ is 45 cents, showing a year-over-year increase of 12.1795 cents. The dividend per share TTM stands at $1.8.
Cash Flow:
AIG's free cash flow is reported at $636 million. Notably, the company repurchased common stock worth -$584 million.
Income Statement:
AIG generated revenue of $6.56 billion, with a gross profit of $2.22 billion. The net income for the period was $735 million, resulting in an EPS of $1.36.
Ratios:
Key ratios include a net profit margin of 11.21%, return on equity of 1.79%, and a price-to-earnings ratio of 15.74.
Balance Sheet:
AIG shows total assets of $161.25 billion and total liabilities of $120 billion, with net debt standing at $7.92 billion.
This real-time financial report provides insights into AIG's current performance and expectations for its upcoming earnings release.
American International Group, Inc. offers insurance products for commercial, institutional, and individual customers in North America and internationally. The company's General Insurance segment provides general liability, environmental, commercial automobile liability, workers' compensation, casualty, and crisis management insurance products; commercial, industrial, and energy-related property insurance; and aerospace, political risk, trade credit, portfolio solutions, crop, and marine insurance. It also provides professional liability insurance products for a range of businesses and risks, including directors and officers, mergers and acquisitions, fidelity, employment practices, fiduciary liability, cyber risk, kidnap and ransom, and errors and omissions insurance. In addition, this segment offers personal auto and property insurance, such as auto, homeowners, umbrella, yacht, fine art, and collections; voluntary and sponsor-paid personal accident; supplemental health products; extended warranty insurance products; and travel insurance products. Its Life and Retirement segment offers variable annuities, index and fixed annuities, and retail mutual funds; and financial planning and advisory services; record-keeping, plan administrative, and compliance services; and term life and universal life insurance. It also provides stable value wrap products, and structured settlement and pension risk transfer annuities; and corporate- and bank-owned life insurance and guaranteed investment contracts. This segment sells its products through independent marketing organizations, independent insurance agents, financial advisors, direct marketing, banks, and broker-dealers. The company was founded in 1919 and is headquartered in New York, New York.