American Equity Investment Life/AEL

$55.10

-1.18%
-
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About American Equity Investment Life

American Equity Investment Life Holding Company is an issuer of fixed index annuities. The Company’s policyholders work with over 40,000 independent agents and advisors affiliated with independent market organizations (IMOs), banks and broker-dealers through its wholly owned subsidiaries. Advisors and agents choose one of its annuity products suited for their client’s personal needs. The Company issues fixed annuity products through its wholly owned life insurance subsidiaries, American Equity Investment Life Insurance Company (American Equity Life), American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. The Company operates through one segment, which consists of the sale of fixed index and fixed rate annuities. Its product types include fixed index annuities, annual reset fixed rate annuities, multi-year fixed rate annuities and single premium immediate annuities. It markets its products through a variable cost distribution network.

Ticker

AEL

Sector

Financials

Trading on

NYSE

Industry

Insurance (Life)

CEO

Anant Bhalla

Employees

995

Headquarters

West des moines, United States

AEL Metrics

BasicAdvanced
$4.37B
Market cap
25.77
P/E ratio
$2.14
EPS
0.79
Beta
$0.38
Dividend rate
0.69%
Dividend yield
$4.37B
0.78619
$56.40
$36.47
494.22K
$0.38
28.597
28.597
1.48%
0.28%
6.21%
25.766
1.535
1.446
1.447
1.138
0.86%
0.69%
0.69%
102.14%
-89.33%
5.51%
-33.17%
5.9%

What the Analysts think about AEL

Analyst Ratings

Majority rating from 5 analysts.
Hold

Price Targets

Average projection from 5 analysts.
0.18% downside
High $56.00
Low $54.00
$55.10
Current price
$55.00
Average price target

AEL Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-57.17% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$813.1M
44.5%
Net income
$-464.9M
-197.65%
Profit margin
-57.17%
-167.58%

AEL Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 13.91%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.47
$1.62
$2.45
$1.99
-
Expected
$1.22
$1.72
$1.72
$1.75
$1.73
Surprise
20.84%
-5.89%
42.5%
13.91%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for American Equity Investment Life stock?

American Equity Investment Life (AEL) has a market cap of $4.37B as of April 14, 2024.

What is the P/E ratio for American Equity Investment Life stock?

The price to earnings (P/E) ratio for American Equity Investment Life (AEL) stock is 25.77 as of April 14, 2024.

Does American Equity Investment Life stock pay dividends?

Yes, the American Equity Investment Life (AEL) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $0.38 and the yield is 0.69%. American Equity Investment Life has a payout ratio of 0% on a trailing twelve-month basis.

When is the next American Equity Investment Life dividend payment date?

The next American Equity Investment Life (AEL) dividend payment is scheduled for April 29, 2024.

What is the beta indicator for American Equity Investment Life?

American Equity Investment Life (AEL) has a beta rating of 0.79. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the American Equity Investment Life stock price target?

The target price for American Equity Investment Life (AEL) stock is $55, which is 0.18% below the current price of $55.1. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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