Media stories about American International Group (NYSE:AIG) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American International Group earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media headlines about the insurance provider an impact score of 45.8077885709527 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- See what the IHS Markit Score report has to say about American International Group Inc. (finance.yahoo.com)
- Zacks: Brokerages Expect American International Group Inc (AIG) to Post $1.35 EPS (americanbankingnews.com)
- The Raid on AIG’s Equity Was Illegal – Wall Street Journal (wsj.com)
- American International Group (AIG) now a Strong Sell – Investorplace.com (investorplace.com)
- Critical Comparison: Genworth Financial (GNW) and American International Group (AIG) (americanbankingnews.com)
Several analysts recently weighed in on the company. Keefe, Bruyette & Woods restated a “buy” rating and set a $74.00 price target on shares of American International Group in a report on Wednesday, December 6th. Barclays restated an “overweight” rating and set a $71.00 price target (up previously from $68.00) on shares of American International Group in a report on Tuesday, February 20th. Credit Suisse Group set a $73.00 price objective on American International Group and gave the company a “buy” rating in a research report on Monday, January 22nd. Goldman Sachs Group began coverage on American International Group in a research report on Monday, December 4th. They issued a “neutral” rating and a $61.00 price objective on the stock. Finally, Bank of America raised American International Group from a “neutral” rating to a “buy” rating and cut their price objective for the company from $59.40 to $58.28 in a research report on Friday, February 9th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $66.71.
American International Group (NYSE:AIG) last posted its quarterly earnings results on Thursday, February 8th. The insurance provider reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.18). American International Group had a positive return on equity of 3.10% and a negative net margin of 12.62%. During the same period in the prior year, the company posted ($2.96) EPS. equities analysts anticipate that American International Group will post 5.64 EPS for the current year.
The company also recently declared 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 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Wednesday, March 14th. American International Group’s payout ratio is 256.00%.
In other news, Director W Don Cornwell sold 2,500 shares of the stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $58.78, for a total transaction of $146,950.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Claudine Macartney sold 2,052 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $59.61, for a total value of $122,319.72. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by corporate insiders.
About American International Group
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.
Receive News & Ratings for American International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American International Group and related companies with MarketBeat.com's FREE daily email newsletter.