Value Investing Philosophy And American International Group Inc (NYSE: AIG)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that AIG Reports Excellent Fourth Quarter and Full Year 2023 Results.

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Stocks Info

AIG belongs to the Financial sector of the NYSE while operating in the Insurance – Diversified industry. The current market capitalization of American International Group Inc is $53.13B. A total of 3.32 million shares were traded on the day, compared to an average of 4.00M shares.

In the most recent transaction, Zaffino Peter sold 333,000 shares of AIG for 75.87 per share on Mar 15 ’24. After the transaction, the Chairman & CEO now owns 505,420 company shares. In a previous transaction on Mar 14 ’24, Inglis John C bought 659 shares at 75.39 per share. AIG shares that Director owns now total 659.

Among the insiders who sold shares, AMERICAN INTERNATIONAL GROUP, disposed of 6,210,256 shares on Dec 18 ’23 at a per-share price of $21.75. This resulted in the 10% Owner holding 324,203,636 shares of AIG after the transaction. In another insider transaction, AMERICAN INTERNATIONAL GROUP, sold 35,000,000 shares at $20.50 per share on Dec 05 ’23. Company shares held by the 10% Owner now total 330,413,892.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. American International Group Inc pays an annual dividend of $1.44, resulting in a dividend yield of 1.85%, and it has a price to earnings (P/E) ratio of 15.62. AIG’s most recent ex-dividend date was 3/13/2024 when it declared a $0.36 quarterly dividend that was paid in cash on 3/28/2024. Previously, the company paid the dividend on 12/28/2023 with an ex-dividend date of 12/13/2023. The AIG stock dividend was $0.36 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, AIG has a high of $78.70 and a low of $48.91.

As of this writing, AIG has an earnings estimate of $1.72 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.87 per share and a lower estimate of $1.53. The company reported an EPS of $1.61 in the last quarter, which was 7.30% higher than expectations of $1.5.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. AIG’s latest balance sheet shows that the firm has $292.76B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $65.13, while its Total Shareholder’s Equity was $68.91B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 AIG is Buy with a score of 4.18.

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