American Equity Investment Life (AEL) will release its quarterly results on Monday


Investment in American Life equities (NYSE:AELGet a rating) will release its quarterly results after market close on Monday, August 8. Analysts expect American Equity Investment Life to post earnings of $0.79 per share for the quarter. Those interested in registering for the company’s earnings conference call can do so using this link.

Investment in American Life equities (NYSE:AELGet a rating) last reported results on Wednesday, May 4. The financial services provider reported EPS of $0.92 for the quarter, missing the consensus estimate of $0.95 per ($0.03). The company posted revenue of $147.80 million in the quarter, compared to analyst estimates of $612.85 million. American Equity Investment Life posted a net margin of 26.35% and a return on equity of 7.26%. The company’s quarterly revenue was down 84.6% year over year. During the same period last year, the company posted earnings per share of $0.43. On average, analysts expect American Equity Investment Life to post EPS of $4 for the current fiscal year and EPS of $5 for the next fiscal year.

Investing in U.S. Stocks Return on Life Stocks

AEL Stock opened at $36.12 on Friday. The company has a market capitalization of $3.36 billion, a PE ratio of 4.89 and a beta of 1.06. The company’s 50-day moving average price is $37.29 and its two-hundred-day moving average price is $38.41. American Equity Investment Life has a 1 year minimum of $27.12 and a 1 year maximum of $44.49. The company has a current ratio of 0.17, a quick ratio of 0.17 and a debt ratio of 0.11.

Wall Street analysts predict growth

A number of equity research analysts have recently released reports on AEL shares. Evercore ISI cut its price target on American Equity Investment Life from $44.00 to $42.00 and set an “outperform” rating for the company in a Wednesday, July 6 report. Keefe, Bruyette & Woods downgraded American Equity Investment Life from an “outperform” rating to a “market performer” rating and lowered their price target for the company from $43.00 to $41.00 in a report of Wednesday July 13. Morgan Stanley cut its price target on shares of American Equity Investment Life from $41.00 to $40.00 and set an “equal weight” rating on the stock in a Wednesday July 6 research report . StockNews.com cut shares of American Equity Investment Life from a “buy” rating to a “hold” rating in a Friday, May 20 research report. Finally, Piper Sandler lowered her price target on American Equity Investment Life shares from $44.00 to $41.00 and set an “overweight” rating for the company in a Friday, July 8 research note. . Five equity research analysts gave the stock a hold rating and five gave the stock a buy rating. Based on MarketBeat data, American Equity Investment Life currently has a consensus rating of ‘Moderate Buy’ and an average price target of $42.00.

Institutional investors weigh in on US equity investment life

Institutional investors and hedge funds have recently increased or reduced their stakes in the stock. UBS Group AG increased its position in American Equity Investment Life shares by 520.0% during the first quarter. UBS Group AG now owns 54,936 shares of the financial services provider worth $2,193,000 after buying an additional 46,076 shares last quarter. MetLife Investment Management LLC increased its holdings in American Equity Investment Life by 56.1% in the first quarter. MetLife Investment Management LLC now owns 44,290 shares of the financial services provider valued at $1,768,000 after acquiring an additional 15,909 shares during the period. Ergoteles LLC bought a new stock position in American Equity Investment Life in the first quarter worth $1,527,000. Hsbc Holdings PLC increased its position in American Equity Investment Life by 59.5% in the 1st quarter. Hsbc Holdings PLC now owns 26,606 shares of the financial services provider worth $1,063,000 after buying an additional 9,929 shares last quarter. Finally, Natixis Advisors LP increased its position in American Equity Investment Life by 14.7% in the 1st quarter. Natixis Advisors LP now owns 22,189 shares of the financial services provider worth $886,000 after buying 2,837 additional shares last quarter. Hedge funds and other institutional investors own 95.15% of the company’s shares.

American Equity Investment Life Insurance Company Profile

(Get a rating)

American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues index and fixed rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks and registered investment advisers.

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Earnings history for American Equity Investment Life (NYSE:AEL)



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