TipRanks (Thu, 28-Mar 6:20 AM 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)
Business Wire (Tue, 16-Jan 4:16 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 March 28, 2024, AIG stock price declined to $78.17 with 3,151,643 million shares trading.
AIG has a beta of 0.64, meaning it tends to be less sensitive to market movements. AIG has a correlation of 0.26 to the broad based SPY ETF.
AIG has a market cap of $53.23 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 $78.70 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 +67.7% while the SPY ETF gained +33.6%. AIG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.9% and +3.6%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
AIG support price is $77.54 and resistance is $79.14 (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.