American Equity Investment Life Holding Co (AEL) concluded trading on Wednesday at a closing price of $56.16, with 3.93 million shares of worth about $220.89 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.42% during that period and on May 01, 2024 the price saw a gain of about 0.09%. Currently the company’s common shares owned by public are about 79.34M shares, out of which, 78.03M shares are available for trading.
Stock saw a price change of 0.30% in past 5 days and over the past one month there was a price change of 0.45%. Year-to-date (YTD), AEL shares are showing a performance of 0.65% which increased to 45.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.54 but also hit the highest price of $56.64 during that period. The average intraday trading volume for American Equity Investment Life Holding Co shares is 566.11K. The stock is currently trading 0.53% above its 20-day simple moving average (SMA20), while that difference is up 0.63% for SMA50 and it goes to 2.68% higher than SMA200.
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American Equity Investment Life Holding Co (NYSE: AEL) currently have 79.34M outstanding shares and institutions hold larger chunk of about 94.42% of that.
The stock has a current market capitalization of $4.47B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 26.26, while it has posted earnings per share of $2.14 in the same period. Its PEG reads 0.98 while making debt-to-equity ratio of 0.29. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEL, volatility over the week remained 0.81% while standing at 0.64% over the month.
Stock’s fiscal year EPS is expected to drop by -3.36% while it is estimated to decrease by -2.77% in next year. EPS is likely to grow at an annualized rate of 26.81% for next 5-years, compared to annual growth of -16.27% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on July 14, 2023 offering a Hold rating for the stock and assigned a target price of $55 to it. On February 21, 2023, Piper Sandler Downgrade their recommendations, while on December 19, 2022, Raymond James Upgrade their ratings for the stock with a price target of $48. Stock get an In-line rating from Evercore ISI on August 15, 2022.
