AIG Stock Summary and Trading Ideas (American Intl Gr | NYSE:AIG)

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 January 14, 2025, AIG stock price climbed to $72.59 with 3,880,731 million shares trading.

AIG has a beta of 0.65, meaning it tends to be less sensitive to market movements. AIG has a correlation of 0.18 to the broad based SPY ETF.

AIG has a market cap of $46.74 billion. This is considered a Large Cap stock.

Last quarter American Intl Gr reported $7 billion in Revenue and $1.23 earnings per share. This beat revenue expectation by $61 million and exceeded earnings estimates by $.13.

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, VO, IVV.

AIG has underperformed the market in the last year with a return of +9.9%, while the SPY ETF gained +23.6%. In the last 3 month period, AIG fell short of the market, returning -5.5%, while SPY returned +0.8%. However, in the most recent 2 weeks AIG has outperformed the stock market by returning +0.1%, while SPY returned -1.0%.

AIG support price is $69.79 and resistance is $71.89 (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.