American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States The company issues fixed index and rate annuities, as well as single premium immediate annuities.
infoAmerican Equity Investment Life Holding Company is a mid cap stock with a total market cap of 4.18B.
infoThey trade on the NYSE and had their IPO 19 years and 8 months ago.
infoAmerican Equity Investment Life Holding Company currently employs 840 people.
infoAs of Wednesday, Aug 23 2023, American Equity Investment Life Holding Company’s share price is $53.35.
News Relating to American Equity Investment Life Holding Company
Zacks Investment Research
American Equity (AEL) Q2 Earnings Miss, Revenues Fall Y/Y
Tuesday Aug 08 2023 at 11:25
American Equity’s (AEL) Q2 results reflect lower premiums and other considerations and decreased invested assets, offset by higher annuity product charges.
Zacks Investment Research
American Equity (AEL) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Monday Aug 07 2023 at 21:09
The headline numbers for American Equity (AEL) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Zacks Investment Research
American Equity Investment (AEL) Q2 Earnings and Revenues Lag Estimates
Monday Aug 07 2023 at 20:24
American Equity Investment (AEL) came out with quarterly earnings of $1.62 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $0.98 per share a year ago.
Zacks Investment Research
5 Stocks Set to Beat on Earnings Today After the Closing Bell
Monday Aug 07 2023 at 08:22
We have narrowed our search to five stocks that are set to declare earnings results on Aug 7 after the closing bell. These are: CHGG, ACM, AEL, PLTR, BRBR.
Zacks Investment Research
What Awaits Berkshire Hathaway (BRK.B) This Earnings Season?
Wednesday Aug 02 2023 at 11:57
Berkshire Hathaway’s (BRK.B) Q2 results are likely to benefit from improved fuel surcharge revenues and earnings from other energy businesses and net improvement from new property business, offset by higher expenses.
Zacks Investment Research
Best Momentum Stock to Buy for July 24th
Monday Jul 24 2023 at 11:36
JSAIY, LPG and AEL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 24, 2023.
Zacks Investment Research
Best Value Stocks to Buy for July 24th
Monday Jul 24 2023 at 09:20
AEL, BSVN and VIRC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 24, 2023.
Zacks Investment Research
Are Investors Undervaluing American Equity Investment Life Holding (AEL) Right Now?
Monday Jul 17 2023 at 11:18
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Zacks Investment Research
American Equity Investment (AEL) Is Up 1.50% in One Week: What You Should Know
Friday Jul 14 2023 at 13:24
Does American Equity Investment (AEL) have what it takes to be a top stock pick for momentum investors? Let’s find out.
Seeking Alpha
American Equity: How To Play The Brookfield Buyout
Tuesday Jul 04 2023 at 18:00
American Equity was offered a $55 buyout from Brookfield. We look at who benefits and the likelihood of the deal getting through. We look at the best way to play this for a safe return.
Zacks Investment Research
AIG Closes Deal to Boost Personal Lines’ Client Growth
Tuesday Jul 04 2023 at 13:00
AIG teams up with Stone Point to offer advanced portfolio offerings and better serve high net worth and ultra high net worth clients.
The Motley Fool
Why American Equity Stock Jumped 29.5% This Week
Friday Jun 30 2023 at 11:41
Brookfield Reinsurance, the largest stakeholder in American Equity, made an offer to buy all outstanding shares. Brookfield Reinsurance proposed to pay $55 per share for American Equity.
Zacks Investment Research
American Equity (AEL) Gets Buyout Proposal From Brookfield
Wednesday Jun 28 2023 at 12:51
American Equity (AEL) gets an acquisition proposal from Brookfield Reinsurance for $55.00 per share for the shares that Brookfield does not already own.
The Motley Fool
Why American Equity Life Stock Was Up 17.2% Today
Tuesday Jun 27 2023 at 16:34
American Equity Life’s largest stakeholder, Brookfield Reinsurance, submitted a proposal to buy the company’s outstanding shares. Brookfield Reinsurance is seeking to make a deal by Friday.
The Motley Fool
These 2 Stocks Show Merger Mania Isn’t Just for Mondays
Tuesday Jun 27 2023 at 12:52
Many merger agreements get hammered out over weekends, but Tuesday featured a pair of buyout proposals. American Equity Investment Life got a bid from Brookfield Reinsurance after having rejected previous bids.
Zacks Investment Research
5 Low-Beta Insurance Stocks to Beat Market Volatility
Thursday Jun 22 2023 at 15:37
Here we pick five low-beta stocks that are poised to deliver steady performance irrespective of market conditions.
Zacks Investment Research
AEL or BHF: Which Life Insurance Stock Should You Hold Now?
Friday Jun 16 2023 at 14:36
Let’s see how American Equity (AEL) and Brighthouse Financial (BHF) fare in terms of some of the key metrics.
Zacks Investment Research
Here’s Why You Should Hold American Equity (AEL) Stock for Now
Monday Jun 12 2023 at 13:43
AEL 2.0 strategy, strong annuity product sales and an aging U.S. population poise American Equity (AEL) well for growth.
Zacks Investment Research
Is American Equity Investment Life Holding (AEL) Stock Undervalued Right Now?
Tuesday May 16 2023 at 11:25
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Seeking Alpha
American Equity Investment Life Holding Company (AEL) Q1 2023 Earnings Call Transcript
Saturday May 13 2023 at 07:55
American Equity Investment Life Holding Company (NYSE:AEL ) Q1 2023 Earnings Conference Call May 9, 2023 11:00 AM ET Company Participants Julie Heidemann – Investor Relations Anant Bhalla – Chief Executive Officer & President Axel Andre – Executive Vice President & Chief Financial Officer Jim Hamalainen – Executive Vice President and Chief Investment Officer Conference Call Participants Erik Bass – Autonomous Research John Barnidge – Piper Sandler Ryan Krueger – KBW Tom Gallagher – Evercore Dan Bergman – Jefferies Pablo Singzon – JPMorgan Operator Welcome to American Equity Investment Life Holding Company’s First Quarter 2023 Conference Call. At this time, for opening remarks and introductions, I would like to turn the call over to Julie Heidemann of Coordinator of Investor Relations.
Zacks Investment Research
American Equity Investment (AEL) Beats Q1 Earnings and Revenue Estimates
Monday May 08 2023 at 19:45
American Equity Investment (AEL) came out with quarterly earnings of $1.47 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $0.92 per share a year ago.
Zacks Investment Research
Here’s Why American Equity Investment (AEL) is a Strong Momentum Stock
Monday May 08 2023 at 11:26
Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Zacks Investment Research
What Awaits Berkshire Hathaway (BRK.B) This Earnings Season?
Tuesday May 02 2023 at 14:32
Berkshire Hathaway’s (BRK.B) Q1 results are likely to benefit from rate increases, net improvement from new property business, soaring fuel surcharge revenues and earnings from other energy businesses, offset by higher expenses.
Zacks Investment Research
Why American Equity Investment (AEL) is a Top Momentum Stock for the Long-Term
Friday Apr 21 2023 at 11:25
Whether you’re a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Seeking Alpha
The Rise Of Annuities: How American Equity Is Capitalizing
Wednesday Mar 29 2023 at 06:23
Rising interest rates helped to boost annuity sales during the worst year on record for U.S. bonds, as annuities started to look like one of the few options left. American Equity has expanded their return on invested capital from an average of 5% to over 11%, most recently generating a 24% ROIC over the last 12 months.
Zacks Investment Research
American Equity (AEL) OKs Share Buyback, Boosts Shareholder Value
Wednesday Mar 22 2023 at 14:29
American Equity (AEL) inked an accelerated share repurchase agreement with JP Morgan to buy back $200 million worth of it’s shares.
Zacks Investment Research
Here’s Why You Should Stay Invested in American Equity (AEL)
Tuesday Mar 14 2023 at 12:13
Focus on expansion into new verticals, the increasing popularity of index products in the market, solid balance sheet and effective capital deployment poise American Equity (AEL) well for growth.
InvestorPlace
3 Stocks to Buy That Make Money From a Growing Annuities Market
Thursday Feb 23 2023 at 15:15
When researching some stocks to buy this week, I came across an interesting piece from earlier in February about annuity demand. According to Axios, annuity sales climbed 22% higher in 2022 to about $310 billion.
Seeking Alpha
American Equity Investment Life Holding Company (AEL) Q4 2022 Earnings Call Transcript
Friday Feb 17 2023 at 17:18
American Equity Investment Life Holding Company (NYSE:AEL ) Q4 2022 Earnings Conference Call February 17, 2023 11:00 AM ET Company Participants Julie Heidemann – Investor Relations Anant Bhalla – Chief Executive Officer Axel Andre – Chief Financial Officer Jim Hamalainen – Executive Vice President and Chief Investment Officer Conference Call Participants Dan Bergman – Jefferies Ryan Krueger – KBW John Barnidge – Piper Sandler Erik Bass – Autonomous Research Wilma Burdis – Raymond James Mark Dwelle – RBC Capital Markets Pablo Singzon – JPMorgan Operator Welcome to American Equity Investment Life Holding Company’s Fourth Quarter 2022 Conference Call. At this time, for opening remarks and introductions, I would now like to turn the call over to Julie Heidemann, Coordinator of Investor Relations.
Zacks Investment Research
American Equity (AEL) Q4 Earnings Miss, Revenues Up Y/Y
Friday Feb 17 2023 at 12:02
American Equity’s (AEL) Q4 results reflect high amortization of deferred acquisition costs and lower portfolio yield on mark to market assets, partially offset by higher investment spread and fee revenue.
American Equity Investment Life Holding Company Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
American Equity Investment Life Holding Company’s Altman Z-score is 3.78 which is in the safe zone. This indicates the company is financially stable and less likely to experience financial distress or bankruptcy.
Derived from SEC.GOV filing dataopen_in_new
American Equity Investment Life Holding Company Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Learn more at Investopediaopen_in_new
Over the last 3 months, 1 insider has sold $266.75K of common stock in American Equity Investment Life Holding Company on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
Learn more at WallStreetPrepopen_in_new
American Equity Investment Life Holding Company’s Income Quality of 5.69 is greater than its Industry Group of 1.32 (331.1% greater)
American Equity Investment Life Holding Company’s Income Quality of 5.69 is greater than its Major Industry Group of 1.32 (331.1% greater)
American Equity Investment Life Holding Company’s Income Quality of 5.69 is greater than its Sector of 0.58 (881.0% greater)
Derived from SEC.GOV filing dataopen_in_new
Data is unavailable for Current Ratio
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
American Equity Investment Life Holding Company’s PE Ratio of 8.46 is greater than its Industry Group of 5.27 (60.5% greater)
American Equity Investment Life Holding Company’s PE Ratio of 8.46 is greater than its Major Industry Group of 7.67 (10.3% greater)
American Equity Investment Life Holding Company’s PE Ratio of 8.46 is in line with its Sector of 7.86 (7.6% greater)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
American Equity Investment Life Holding Company’s PB Ratio of 0.05 is lower than its Industry Group of 0.41 (-87.8% lower)
American Equity Investment Life Holding Company’s PB Ratio of 0.05 is lower than its Major Industry Group of 0.63 (-92.1% lower)
American Equity Investment Life Holding Company’s PB Ratio of 0.05 is lower than its Sector of 0.72 (-93.1% lower)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cannot compute a percentage difference when there are zeros in the calculation
American Equity Investment Life Holding Company’s ROE of 0.01 is lower than its Major Industry Group of 0.02 (-50.0% lower)
American Equity Investment Life Holding Company’s ROE of 0.01 is lower than its Sector of 0.04 (-75.0% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Cannot compute a percentage difference when there are zeros in the calculation
American Equity Investment Life Holding Company’s ROCE of 0.01 is in line with its Major Industry Group of 0.01
American Equity Investment Life Holding Company’s ROCE of 0.01 is lower than its Sector of 0.02 (-50.0% lower)
Derived from SEC.GOV filing dataopen_in_new