After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for American Equity Investment Life Holding Company (AEL) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $47.12. The American Equity Investment Life Holding Company has recorded 124,583 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that American Equity Schedules Fourth Quarter 2022 Earnings Release, Conference Call and Webcast.
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Stocks Info
The company is listed on the NYSE and operates within the Insurance – Life industry segment. At the end of the last regular session, the stock closed at $47.12 and fluctuated between $47.74 as its day high and $46.82 as its day low. The current market capitalization of American Equity Investment Life Holding Company is $3.95B. A total of 0.78 million shares were traded on the day, compared to an average of 716.39K shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, AEL has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 1,200,000 and the disposition of 1,405 shares. Over the last 12 months, there were 20 BUYs and 14 SELLs from insiders. Insiders purchased 1,361,567 shares during that period but sold 3,962,045.
In the most recent transaction, Lorenzen Jeffrey D sold 25,000 shares of AEL for 40.00 per share on Aug 09. After the transaction, the EVP-Chief Risk Officer now owns 36,439 company shares. In a previous transaction on May 16, Neugent Gerard D. sold 4,237 shares at 34.84 per share. AEL shares that Director owns now total 51,003.
Among the insiders who sold shares, Grensteiner Ronald James disposed of 9,188 shares on Apr 12 at a per-share price of $38.31. This resulted in the Executive Vice President holding 89,039 shares of AEL after the transaction. In another insider transaction, Grensteiner Ronald James sold 12,844 shares at $38.06 per share on Mar 15. Company shares held by the Executive Vice President now total 99,692.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. American Equity Investment Life Holding Company pays an annual dividend of $0.36, resulting in a dividend yield of 0.76%, and it has a price to earnings (P/E) ratio of 3.44. AEL’s most recent ex-dividend date was 11/25/2022 when it declared a $0.02 quarterly dividend that was paid in cash on 12/13/2022. Previously, the company paid the dividend on 12/13/2021 with an ex-dividend date of 11/26/2021. The AEL stock dividend was $0.34 per share in cash.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for AEL in the last 3 months, the mean price target is $46.45 with high estimates of $51.00 and low estimates of $41.00. In terms of 52-week highs and lows, AEL has a high of $47.63 and a low of $28.05.
As of this writing, AEL has an earnings estimate of $0.82 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.92 per share and a lower estimate of $0.72.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AEL is Hold with a score of 3.78. A total of 4 analysts rated the stock as Buy while 0 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.
