With 3.24 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.94 million shares. During the session, the Insurance – Diversified company that operates in wider Financial sector, reached to the highest price of $73.425 whereas the lowest price it dropped to was $72.1. The 52-week range on AIG shows that it touched its highest point at $80.83 and its lowest point at $66.06 during that stretch. It currently has a 1-year price target of $84.47. With its current market cap of 45.28 billion, AIG has annualized dividend of $1.56 while the current yield stands at 2.15%. Beta for the stock currently stands at 1.07.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AIG was up-trending over the past week, with a rise of 0.06%, but this was down by -4.66% over a month. Three-month performance dropped to -1.43% while six-month performance fell -4.17%. The stock gained 5.19% in the past year, while it has lost -0.29% so far this year. A look at the trailing 12-month EPS for AIG yields 3.66 with Next year EPS estimates of 6.64. For the next quarter, that number is 1.27. This implies an EPS growth rate of -25.00% for this year and 30.37% for next year.
Float and Shares Shorts:
At present, 630.29 million AIG shares are outstanding with a float of 621.87 million shares on hand for trading. On 2024-12-13, short shares totaled 10.38 million, which was 166.0 higher than short shares on 1731628800. In addition to Mr. Peter Salvatore Zaffino as the firm’s Chairman, CEO & President, Mr. Claude E. Wade serves as its Executive VP, Chief Digital Officer and Global Head of Business Operations & Claims.
Institutional Ownership:
Through their ownership of 0.94391 of AIG’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AIG since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AIG analysts setting a high price target of 96.0 and a low target of 75.0, the average target price over the next 12 months is 84.05882. Based on these targets, AIG could surge 32.25% to reach the target high and rise by 3.32% to reach the target low. Reaching the average price target will result in a growth of 15.8% from current levels.
Analysts have provided yearly estimates in a range of $5.17785 being high and $4.92882 being low. For AIG, this leads to a yearly average estimate of $5.09484.
