American International Group (AIG) Projected to Post Earnings on Tuesday

American International Group (NYSE:AIG) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $1.33 per share and revenue of $6.74 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

American International Group (NYSE:AIG) last released its quarterly earnings data on Monday, November 4th. The insurance provider reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.13. The company had revenue of $6.75 billion for the quarter, compared to analysts’ expectations of $6.62 billion. American International Group had a negative net margin of 6.19% and a positive return on equity of 8.63%. During the same quarter in the prior year, the firm earned $1.61 EPS. On average, analysts expect American International Group to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

American International Group Trading Down 0.8 %

NYSE AIG opened at $73.08 on Tuesday. The stock’s 50-day simple moving average is $73.74 and its two-hundred day simple moving average is $74.56. The company has a market capitalization of $45.59 billion, a price-to-earnings ratio of -21.56, a PEG ratio of 5.80 and a beta of 1.06. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.22. American International Group has a twelve month low of $67.96 and a twelve month high of $80.83.

Analyst Ratings Changes

Several analysts have commented on AIG shares. Evercore ISI decreased their price objective on shares of American International Group from $79.00 to $78.00 and set an “in-line” rating for the company in a research note on Wednesday, October 9th. JPMorgan Chase & Co. cut their price objective on shares of American International Group from $89.00 to $83.00 and set an “overweight” rating for the company in a research report on Friday, January 3rd. Keefe, Bruyette & Woods decreased their price objective on American International Group from $88.00 to $87.00 and set an “outperform” rating on the stock in a report on Tuesday, November 12th. StockNews.com raised American International Group from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Finally, BMO Capital Markets downgraded shares of American International Group from an “outperform” rating to a “market perform” rating and cut their price target for the company from $90.00 to $84.00 in a report on Tuesday, October 15th. Nine investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $84.13.

About American International Group

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.