American Equity Investment Life Holding Company (AEL)
| Market Cap | 4.41B |
| Revenue (ttm) | 2.44B |
| Net Income (ttm) | 613.39M |
| Shares Out | 79.02M |
| EPS (ttm) | 8.10 |
| PE Ratio | 6.89 |
| Forward PE | 7.72 |
| Dividend | $0.36 (0.65%) |
| Ex-Dividend Date | Nov 25, 2022 |
| Volume | 267,071 |
| Open | 55.86 |
| Previous Close | 55.89 |
| Day's Range | 55.74 - 55.96 |
| 52-Week Range | 31.57 - 56.09 |
| Beta | 0.89 |
| Analysts | Hold |
| Price Target | 47.29 (-15.25%) |
| Earnings Date | Feb 15, 2024 |
About AEL
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. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. American Equity Investment Life Holding Company was incorporated in 1995 and is based in West Des Moines, Iowa. [Read more]
Financial Performance
In 2022, AEL's revenue was $1.42 billion, a decrease of -61.63% compared to the previous year's $3.69 billion. Earnings were $1.18 billion, an increase of 173.58%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for AEL stock is "Hold." The 12-month stock price forecast is $47.29, which is a decrease of -15.25% from the latest price.
News
American Equity Celebrates 20th Anniversary of NYSE Listing
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today announced that it will ...
American Equity Reports Record Non-GAAP Operating ROE1 and FIA Sales as the AEL 2.0 Strategy Delivers with 25% Allocation to Private Assets and Nearly 20% "Fee-Earning" Reinsured Balances
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today reported its third quarter 2023 results. Sa...
American Equity Declares 4th Quarter 2023 Preferred Stock Dividend
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Pref...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 19, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equit...
American Equity Announces Record Total Enterprise Sales1 of $2.2 Billion in Third Quarter and Expected Date of Third Quarter 2023 Earnings Results
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that its third-quarter 2023 sales totaled $2.2 billion, substantially all of...
Billboard Near Insurance Regulator Warns Against Brookfield's Potential Takeover of American Equity Life Insurance, Citing UNITE HERE Report
DES MOINES, Iowa--(BUSINESS WIRE)--UNITE HERE launched a billboard today warning customers of American Equity Investment Life Insurance Company (NYSE:AEL), that it may be purchased by the Bermuda-base...
SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equit...
INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity...
BUYOUT ALERT: Kaskela Law LLC Announces Stockholder Investigation into Fairness of American Equity Investment Life Holding Company (NYSE: AEL) and Encourages Investors to Contact the Firm
PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the fairness of the proposed buyout of American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) stockholder...
INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity...
STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of American Equity Investment Life Holding Company and Encourages Investors to Contact the Firm - AEL
PHILADELPHIA , Sept. 28, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the proposed buyout of American Equity Investment Life Holding Company (NYSE: AEL) ("AE...
INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / September 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equ...
IMPORTANT INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / August 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity...
American Equity Reports Further Growth in Both Earnings and Sales Momentum as Private Asset Allocation Ramps to 25%
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities (FIAs), today reported its second quarter 2023 results. S...
American Equity Declares 3rd Quarter 2023 Preferred Stock Dividend
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL), today announced that in accordance with the terms of its 5.95% Fixed-Rate Reset Non-Cumulative Pref...
UNITE HERE Calls on Department of Labor to Update Guidance on Pension Risk Transfer, Highlights Recent Activity of Brookfield Reinsurance as Latest Reason
NEW YORK--(BUSINESS WIRE)---- $AEL #PRT--Private equity's rapid growth in the group annuity business warrants a modernization of current guidance, UNITE HERE says in written comments to DOL.
American Equity Announces Second Quarter 2023 Total Sales1 of $2 Billion and Expected Date of Second Quarter 2023 Earnings Results
WEST DES MOINES, Iowa--(BUSINESS WIRE)--American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that its second-quarter 2023 sales totaled $2 billion, the majority of which...
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity In...
Shareholder Alert: Ademi LLP investigates whether American Equity Investment Life Holding Company has obtained a Fair Price in its transaction with Brookfield Reinsurance
MILWAUKEE , July 5, 2023 /PRNewswire/ -- Ademi LLP is investigating AEL (NYSE: AEL) for possible breaches of fiduciary duty and other violations of law in its transaction with Brookfield Reinsurance. ...
AEL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of American Equity Investment Life Holding Company Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of American Equity Investment Life Holding Company (NYSE: AEL) to Brookfield Reinsurance is ...
Brookfield to buy annuities provider American Equity in $4.3 billion deal
Canadian investment firm Brookfield on Wednesday agreed to buy the remaining stake in American Equity Investment Life Holding that it did not already own, valuing the long-sought-after annuities provi...
Brookfield Reinsurance to Acquire AEL in $4.3 Billion Transaction
WEST DES MOINES, Iowa--(BUSINESS WIRE)--Brookfield Reinsurance (NYSE, TSX: BNRE) and American Equity Investment Life Holding Company (NYSE: AEL) (“AEL”) today announced that they have entered into a d...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity In...
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages Investors with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in American Equity In...
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against American Equity Investment Life Holding Company and Encourages Investors with Losses to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)---- $AEL #AEL--The Schall Law Firm Announces it is Investigating American Equity Investment Life Holding Company and Encourages Investors to Contact the Firm.