25-Apr-2024
Stuart Myers and Christopher Conti Join RYZE Claim Solutions' Board of Directors
Business Wire (Mon, 22-Apr 8:00 AM ET)
AIG executive David McElroy to retire
Seeking Alpha News (Mon, 22-Apr 7:41 AM ET)
AIG Announces Leadership Change
Business Wire (Mon, 22-Apr 7:30 AM ET)
Corebridge Financial Completes Sale of UK Life Insurance Business to Aviva plc
Business Wire (Tue, 9-Apr 2:19 AM ET)
AIG to Report First Quarter 2024 Financial Results on May 1, 2024, and Host Conference Call on May 2
Business Wire (Wed, 3-Apr 4:38 PM ET)
AIG Reports Excellent Fourth Quarter and Full Year 2023 Results
Business Wire (Tue, 13-Feb 4:16 PM ET)
Chris Inglis Elected to AIG's Board of Directors
Business Wire (Wed, 7-Feb 4:16 PM ET)
AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares
Business Wire (Wed, 31-Jan 4:16 PM ET)
Business Wire (Fri, 26-Jan 3:50 PM ET)
American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. The company recently spun off its life insurance operations (Corebridge), but still retains a majority stake.
American Intl Gr trades on the NYSE stock market under the symbol AIG.
As of April 25, 2024, AIG stock price declined to $74.63 with 2,799,968 million shares trading.
AIG has a beta of 0.60, meaning it tends to be less sensitive to market movements. AIG has a correlation of 0.23 to the broad based SPY ETF.
AIG has a market cap of $50.82 billion. This is considered a Large Cap stock.
Last quarter American Intl Gr reported $10 billion in Revenue and $1.79 earnings per share. This fell short of revenue expectation by $-3 billion and exceeded earnings estimates by $.14.
In the last 3 years, AIG stock traded as high as $78.95 and as low as $44.54.
The top ETF exchange traded funds that AIG belongs to (by Net Assets): VTI, VOO, SPY, VO, IVV.
AIG has outperformed the market in the last year with a price return of +46.8% while the SPY ETF gained +23.6%. AIG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.4% and -0.9%, respectively, while the SPY returned +4.1% and -2.1%, respectively.
AIG support price is $73.96 and resistance is $75.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AIG stock will trade within this expected range on the day.