Do American International Group Inc (NYSE: AIG) Fit In A Value Investing Philosophy?

Currently, there are 688.84M common shares owned by the public and among those 679.27M shares have been available to trade.

The company’s stock has a 5-day price change of 0.57% and 13.31% over the past three months. AIG shares are trading 11.20% year to date (YTD), with the 12-month market performance up to 50.11% higher. It has a 12-month low price of $45.66 and touched a high of $76.36 over the same period. AIG has an average intraday trading volume of 3.78 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 3.21%, 6.89%, and 18.93% respectively.

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Institutional ownership of American International Group Inc (NYSE: AIG) shares accounts for 92.70% of the company’s 688.84M shares outstanding.

It has a market capitalization of $51.30B and a beta (3y monthly) value of 1.03. The stock’s trailing 12-month PE ratio is 15.08, while the earnings-per-share (ttm) stands at $5.00. The company has a PEG of 1.51 and the debt-to-equity ratio at 0.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.52% over the week and 1.61% over the month.

Analysts forecast that American International Group Inc (AIG) will achieve an EPS of $1.72 for the current quarter, $1.77 for the next quarter and $8.15 for 2025. The lowest estimate earnings-per-share for the quarter is $1.53 while analysts give the company a high EPS estimate of $1.87. Comparatively, EPS for the current quarter was $1.63 a year ago. Earnings per share for the fiscal year are expected to increase by 5.71%, and 13.56% over the next financial year.

Looking at the support for the AIG, a number of firms have released research notes about the stock. BofA Securities stated their Neutral rating for the stock in a research note on February 20, 2024, with the firm’s price target at $75-$77. TD Cowen coverage for the American International Group Inc (AIG) stock in a research note released on January 10, 2024 offered a Market Perform rating with a price target of $78. JP Morgan was of a view on January 08, 2024 that the stock is Neutral, while HSBC Securities gave the stock Buy rating on December 28, 2023, issuing a price target of $86. BMO Capital Markets on their part issued Outperform rating on December 19, 2023.

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