FBR & Co Analysts Decrease Earnings Estimates for American Intercontinental Team, Inc. (AIG)

American Intercontinental Team, Inc. (NYSE:AIG) – Investment decision analysts at FBR & Co diminished their FY2018 earnings for each share (EPS) estimates for shares of American Intercontinental Team in a note issued to buyers on Tuesday. FBR & Co analyst R. Binner now expects that the insurance policies supplier will put up earnings of $5.15 for each share for the yr, down from their former forecast of $5.30. FBR & Co also issued estimates for American Intercontinental Group’s FY2019 earnings at $5.75 EPS.

American Intercontinental Team (NYSE:AIG) very last introduced its earnings outcomes on Wednesday, August 2nd. The insurance policies supplier noted $1.53 earnings for each share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $.33. The organization had income of $11.23 billion all through the quarter, compared to analysts’ expectations of $12.61 billion. American Intercontinental Team had a optimistic return on equity of 6.06% and a destructive web margin of .53%. In the course of the similar period of time in the prior yr, the organization attained $.98 EPS.

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AIG has been the topic of several other reports. ValuEngine minimize shares of American Intercontinental Team from a “buy” score to a “hold” score in a report on Wednesday. UBS AG diminished their value objective on shares of American Intercontinental Team from $64.00 to $63.00 and set a “neutral” score for the enterprise in a report on Monday, Oct 2nd. Wells Fargo & Corporation reiterated a “buy” score and issued a $75.00 value objective on shares of American Intercontinental Team in a report on Sunday, Oct 1st. Keefe, Bruyette & Woods reiterated a “buy” score and issued a $75.00 value objective on shares of American Intercontinental Team in a report on Friday, Oct 6th. At last, Morgan Stanley reiterated a “buy” score on shares of American Intercontinental Team in a report on Tuesday. Three financial investment analysts have rated the stock with a offer score, six have given a hold score, 10 have assigned a get score and one particular has assigned a strong get score to the enterprise. American Intercontinental Team at present has a consensus score of “Hold” and an average focus on value of $68.35.

Shares of American Intercontinental Team (NYSE AIG) traded up .97% all through mid-day buying and selling on Wednesday, hitting $62.44. The enterprise had a buying and selling quantity of 3,488,941 shares. The stock’s market place cap is $56.41 billion. The stock’s 50-day moving average is $60.67 and its 200-day moving average is $62.20. American Intercontinental Team has a 52-7 days reduced of $57.35 and a 52-7 days superior of $67.47.

Many institutional buyers and hedge funds have not long ago produced modifications to their positions in AIG. Israel Discounted Lender of New York acquired a new place in shares of American Intercontinental Team all through the initial quarter valued at about $145,000. Peddock Capital Advisors LLC lifted its place in shares of American Intercontinental Team by 100.% all through the second quarter. Peddock Capital Advisors LLC now owns 2,542 shares of the insurance policies provider’s stock valued at $159,000 just after acquiring an more 1,271 shares all through the very last quarter. Chicago Associates Investment decision Team LLC lifted its place in shares of American Intercontinental Team by .5% all through the initial quarter. Chicago Associates Investment decision Team LLC now owns 2,642 shares of the insurance policies provider’s stock valued at $165,000 just after acquiring an more 14 shares all through the very last quarter. Bronfman E.L. Rothschild L.P. lifted its place in shares of American Intercontinental Team by 30.3% all through the second quarter. Bronfman E.L. Rothschild L.P. now owns 3,076 shares of the insurance policies provider’s stock valued at $192,000 just after acquiring an more 716 shares all through the very last quarter. At last, Signaturefd LLC acquired a new place in shares of American Intercontinental Team all through the initial quarter valued at about $202,000. 83.98% of the stock is owned by institutional buyers and hedge funds.

The enterprise also not long ago disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of file on Friday, September 15th have been given a dividend of $.32 for each share. This represents a $1.28 dividend on an annualized foundation and a dividend yield of 2.07%. The ex-dividend date was Thursday, September 14th. American Intercontinental Group’s dividend payout ratio is at present -711.07%.

About American Intercontinental Team

American Intercontinental Team, Inc is a worldwide insurance policies enterprise. The Corporation gives a assortment of home casualty insurance policies, lifestyle insurance policies, retirement items and other monetary services to professional and particular person buyers. Its segments involve Commercial Insurance, Shopper Insurance, Other Operations and Legacy Portfolio.

Earnings History and Estimates for American International Group (NYSE:AIG)




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