News headlines about American International Group (NYSE:AIG) have been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American International Group earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the insurance provider an impact score of 45.8971238939196 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- BRIEF-AIG Names Naohiro Mouri As Executive Vice President And Chief Auditor, And Donna Demaio As Global Chief Operating Officer, General Insurance (reuters.com)
- AIG Names Naohiro Mouri as Executive Vice President and Chief Auditor, and Donna Demaio as Global Chief Operating Officer, General Insurance (finance.yahoo.com)
- MOVES-AIG names Mouri chief auditor; DeMaio to be global COO, general insurance (finance.yahoo.com)
- At $57.34, American International Group (AIG) a Sell (investorplace.com)
Shares of American International Group (NYSE:AIG) traded down $0.87 during trading on Thursday, hitting $56.47. The stock had a trading volume of 9,749,209 shares, compared to its average volume of 7,730,000. American International Group has a 1-year low of $56.08 and a 1-year high of $67.30. The firm has a market capitalization of $50,760.00, a P/E ratio of 112.94, a PEG ratio of 0.94 and a beta of 1.17. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.25 and a current ratio of 0.25.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, March 14th. American International Group’s dividend payout ratio (DPR) is 256.00%.
AIG has been the subject of several research reports. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $74.00 target price on shares of American International Group in a research report on Wednesday, December 6th. Wells Fargo & Co reaffirmed a “buy” rating on shares of American International Group in a research report on Tuesday, January 2nd. Bank of America raised American International Group from a “neutral” rating to a “buy” rating and dropped their target price for the company from $59.40 to $58.28 in a research report on Friday, February 9th. Credit Suisse Group set a $73.00 target price on American International Group and gave the company a “buy” rating in a research report on Monday, January 22nd. Finally, Zacks Investment Research raised American International Group from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $66.91.
In related news, insider Claudine Macartney sold 2,052 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $59.61, for a total value of $122,319.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.52% of the company’s stock.
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American International Group Company Profile
American International Group, Inc is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products and other financial services to commercial and individual customers. Its segments include Commercial Insurance, Consumer Insurance, Other Operations and Legacy Portfolio.
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