25-Oct-2024
AIG to consolidate offices, expand hiring in Atlanta with new innovation hub
Seeking Alpha News (Wed, 23-Oct 10:18 AM ET)
AIG to Expand Its Atlanta Footprint with New Innovation Hub and More Than 600 Additional Local Jobs
Business Wire (Wed, 23-Oct 7:50 AM ET)
Barclays Remains a Buy on American International Group (AIG)
TipRanks (Wed, 23-Oct 3:19 AM ET)
AIG to Redeem Zero Coupon Callable Notes Due 2047
Business Wire (Mon, 21-Oct 4:16 PM ET)
Goldman’s ‘Buyback’ basket: CMCSA, GM, MPC, etc
Seeking Alpha News (Mon, 21-Oct 2:22 PM ET)
MetLife in talks to buy Pinebridge Investments' assets ex-China for up to $1.5B -report
Seeking Alpha News (Mon, 21-Oct 7:46 AM ET)
Business Wire (Tue, 8-Oct 4:16 PM ET)
AIG Appoints Keith Walsh Executive Vice President, Chief Financial Officer
Business Wire (Wed, 18-Sep 4:30 PM ET)
AIG to Redeem Series A-3 Junior Subordinated Debentures
Business Wire (Tue, 3-Sep 4:15 PM ET)
AIG to Participate in the 2024 KBW Insurance Conference
Business Wire (Tue, 27-Aug 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 October 25, 2024, AIG stock price declined to $76.82 with 2,814,524 million shares trading.
AIG has a beta of 0.75, meaning it tends to be less sensitive to market movements. AIG has a correlation of 0.24 to the broad based SPY ETF.
AIG has a market cap of $49.47 billion. This is considered a Large Cap stock.
Last quarter American Intl Gr reported $7 billion in Revenue and $1.16 earnings per share. This beat revenue expectation by $180 million and missed earnings estimates by -$.14.
In the last 3 years, AIG traded as high as $80.83 and as low as $45.66.
The top ETF exchange traded funds that AIG belongs to (by Net Assets): VTI, VOO, SPY, IVV, VO.
AIG has underperformed the market in the last year with a price return of +30.9% while the SPY ETF gained +38.3%. AIG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and +0.4%, respectively, while the SPY returned +7.3% and +0.5%, respectively.
AIG support price is $76.60 and resistance is $78.76 (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 shares will trade within this expected range on the day.