American Equity Investment Life (AEL) Stock Price, News & Analysis

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Equity Investment Life in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" AEL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AEL, but not buy additional shares or sell existing shares.
View AEL analyst ratings or view top-rated stocks.

4 equities research analysts have issued 1-year target prices for American Equity Investment Life's shares. Their AEL share price targets range from $44.00 to $56.00. On average, they predict the company's share price to reach $52.50 in the next year. This suggests that the stock has a possible downside of 4.8%.
View analysts price targets for AEL or view top-rated stocks among Wall Street analysts.

American Equity Investment Life's stock was trading at $55.80 at the beginning of the year. Since then, AEL stock has decreased by 1.1% and is now trading at $55.16.
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American Equity Investment Life saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 2,170,000 shares, an increase of 5.9% from the February 29th total of 2,050,000 shares. Based on an average daily trading volume, of 498,100 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.8% of the company's stock are sold short.
View American Equity Investment Life's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our AEL earnings forecast.

American Equity Investment Life Holding (NYSE:AEL) announced its quarterly earnings data on Wednesday, February, 14th. The financial services provider reported $1.99 EPS for the quarter, topping analysts' consensus estimates of $1.75 by $0.24. The financial services provider had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $673.53 million. American Equity Investment Life had a trailing twelve-month return on equity of 25.15% and a net margin of 7.42%. The firm's quarterly revenue was up 61.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.64 EPS.

American Equity Investment Life announced an annual dividend on Friday, April 5th. Investors of record on Monday, April 15th will be given a dividend of $0.38 per share on Monday, April 29th. This represents a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, April 12th. This is an increase from the stock's previous annual dividend of $0.02.
Read our dividend analysis for AEL.

American Equity Investment Life (NYSE:AEL) pays an annual dividend of $0.38 per share and currently has a dividend yield of 0.69%. The dividend payout ratio is 17.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AEL will have a dividend payout ratio of 5.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AEL.

ETFs with the largest weight of American Equity Investment Life (NYSE:AEL) stock in their portfolio include ProShares Merger ETF (MRGR), SPDR S&P Insurance ETF (KIE), Invesco S&P SmallCap Financials ETF (PSCF), ETC 6 Meridian Small Cap Equity ETF (SIXS), AlphaMark Actively Managed Small Cap ETF (SMCP), Cambria Value and Momentum ETF (VAMO), Xtrackers S&P SmallCap 600 ESG ETF (SMLE) and Principal U.S. Small-Cap Multi-Factor ETF (PSC).

2 employees have rated American Equity Investment Life Chief Executive Officer Anant Bhalla on Glassdoor.com. Anant Bhalla has an approval rating of 100% among the company's employees. This puts Anant Bhalla in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Equity Investment Life investors own include Energy Transfer (ET), Extreme Networks (EXTR), Neos Therapeutics (NEOS), Neurotrope (NTRP), Pfizer (PFE), Activision Blizzard (ATVI), Bank of America (BAC), Chimerix (CMRX), Lam Research (LRCX) and Nasdaq (NDAQ).

American Equity Investment Life's stock is owned by a variety of institutional and retail investors. Top institutional investors include Profit Investment Management LLC (0.10%). Insiders that own company stock include Alan David Matula, Anant Bhalla, Axel Andre, Dewayne Lummus, James Louis Hamalainen, Jeffrey D Lorenzen, John M Matovina, Joyce Ann Chapman, Robert L Howe, Ronald James Grensteiner and Ted Morris Johnson.
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Shares of AEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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