American International Group (AIG) to Release Earnings on Tuesday

American International Group (NYSE:AIG) is anticipated to announce its earnings results after the market closes on Tuesday, February 11th. Analysts expect the company to announce earnings of $1.33 per share and revenue of $6.74 billion for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

American International Group Stock Up 0.1 %

Shares of NYSE:AIG opened at $74.69 on Monday. The company’s fifty day moving average is $73.44 and its two-hundred day moving average is $74.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.65 and a current ratio of 0.65. American International Group has a 1-year low of $67.96 and a 1-year high of $80.83. The stock has a market capitalization of $46.59 billion, a price-to-earnings ratio of -22.03, a price-to-earnings-growth ratio of 5.87 and a beta of 1.05.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on AIG shares. UBS Group boosted their price objective on American International Group from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Tuesday, October 15th. JPMorgan Chase & Co. reduced their price target on American International Group from $89.00 to $83.00 and set an “overweight” rating for the company in a research report on Friday, January 3rd. Wells Fargo & Company raised their price target on American International Group from $76.00 to $77.00 and gave the company an “equal weight” rating in a report on Tuesday, January 14th. Keefe, Bruyette & Woods reduced their price objective on shares of American International Group from $88.00 to $87.00 and set an “outperform” rating for the company in a report on Tuesday, November 12th. Finally, BMO Capital Markets cut shares of American International Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $90.00 to $84.00 in a research note on Tuesday, October 15th. Nine investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $84.13.

About American International Group

American International Group, Inc offers insurance products for commercial, institutional, and individual customers in North America and internationally. It operates through three segments: General Insurance, Life and Retirement, and Other Operations. The General Insurance segment provides commercial and industrial property insurance, including business interruption and package insurance that cover exposure to made and natural disasters; general liability, environmental, commercial automobile liability, workers’ compensation, excess casualty, and crisis management insurance products; and professional liability insurance.