How to Buy American International Group Stock
American International Group Inc
American International Group is a life insurance company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker AIG on the NYSE exchange.
American International Group stock last closed at $74.63, down 0.45% from the previous day, and has increased 46.48% in one year. It has overperformed other stocks in the Insurance - Diversified industry by 0.22 percentage points. American International Group stock is currently +52.46% from its 52-week low of $48.95, and -5.47% from its 52-week high of $78.95.
As of Apr 25, 2024, there are 680.95M AIG shares outstanding. The market capitalization of AIG is $50.82B. In the past 24 hours, 2.98M AIG shares were traded.
How to Buy American International Group Stock
Not sure how to invest in American International Group stock? Here's how.
- Decide where to buy American International Group stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy American International Group stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- Analyze American International Group stock: The American International Group ticker symbol is AIG. Is American International Group stock a good investment? Should you buy shares of AIG? How do AIG's underlying business fundamentals look? Do top analysts think American International Group is a good buy? Why has AIG's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if AIG is a good stock to buy).
- Execute your AIG purchase: Decide if you will purchase AIG shares at the current market price or use a limit order to purchase AIG stock at a specific price.
- Get the latest news on your AIG position: Create a watchlist to the latest updates on your new investment in American International Group shares.
Step 1: Decide where to buy American International Group stock
You need an online brokerage account to access the NYSE market and buy AIG shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal info so you can invest in AIG today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your brokerage account
Now that you've filled out your info on the highest rated stock app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring funds into your brokerage account.
Step 4: Analyze American International Group stock
Once you have figured out the best place to buy American International Group stock, it's important to research their stock prior to investing, so you truly understand the risk and opportunity.
Overview of key AIG info
Fundamentals of AIG
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on AIG's stock page.
Is AIG stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge AIG's fair value.
Using relative valuations ratios:
- AIG could be overvalued based on its P/E ratio of 14.87x, relative to Insurance - Diversified industry P/E ratio of 9.66x
- AIG could be undervalued based on its P/B ratio of 1.12x, relative to Insurance - Diversified industry P/B ratio of 1.55x
- AIG may be undervalued based on its PEG ratio of 0.36x
You can access more valuation research on AIG's stock here.
AIG Financials at a glance
Positive Health Checks:
- AIG's operating cash flow of $6.24B allows it to safely service it's debt of $22.39B.
Negative Health Checks:
- AIG profit margin has gone down from 18.7% to 7.7% in the past year.
- AIG has a relatively high debt to equity ratio of 10.76.
- Total AIG debt is higher than 5 years ago, relative to shareholder equity.
- AIG earnings of $4.76B is not enough to cover its interest payments.
Is it a good time to buy American International Group stock, according to analysts?
Out of 13 Equities analysts who monitor AIG, the consensus analyst rating on AIG is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Latest AIG Analyst Ratings
Meyer Shields, a top 8% analyst from Keefe, Bruyette & Woods maintains AIG with a buy rating and raises their AIG price target from $82.00 to $86.00, on Apr 10, 2024.
Yaron Kinar, a top 11% analyst from JP Morgan maintains AIG with a hold rating and raises their AIG price target from $73.00 to $80.00, on Apr 8, 2024.
Brian Meredith, a top 7% analyst from UBS maintains AIG with a strong buy rating and raises their AIG price target from $83.00 to $84.00, on Feb 22, 2024.
Joshua Shanker, a top 9% analyst from Bank of America downgrades AIG to a hold rating and raises their AIG price target from $75.00 to $77.00, on Feb 20, 2024.
Scott Heleniak, a top 20% analyst from RBC Capital maintains AIG with a buy rating and raises their AIG price target from $76.00 to $80.00, on Feb 15, 2024.
You can dig deeper into what analysts are forecasting on the American International Group stock forecast page.
AIG Momentum
AIG Growth Metrics
Last year, AIG earnings were $3.61B. In the last four year, AIG's earnings have grown by 7.28% per year. This was slower than the Insurance - Diversified industry average of 80.65%.
Last year, AIG revenue was $46.80B. In the past five year, AIG's revenue has grown by -0.25% per year. This was slower than the Insurance - Diversified industry average of 13.34%.
Dive into AIG's earnings and revenue performance here.
What are AIG insiders up to?
Over the past 12 months, insiders at AIG have sold more shares than they have bought.
Peter Zaffino, Chairman CEO of AIG, was the latest AIG insider to sell. They sold $25,191,419.58 worth of AIG shares on Mar 15, 2024.
Research more about who owns AIG shares here.
Can I get consistent income from AIG stock?
American International Group pays a dividend of 1.93%, compared to the Insurance - Diversified industry's average dividend yield of 2.7%. If you owned $1,000 of AIG stock, you would have been paid $19.30 last year.
American International Group dividend payments have consistently grown over the past decade and have remained stable.
Get more info about American International Group dividend yield and history here.
AIG Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Execute your AIG purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you need more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your AIG position
Now that you own some AIG stock, you'll want to stay up-to-date on your new investment.
Make a watchlist to track the latest developments regarding your AIG stock.
AIG Feed
How to Buy Stock in American International Group
To summarize, here are the 6 steps for buying American International Group stock:
- Decide where to buy American International Group stock
- Sign up for a brokerage account
- Deposit funds into your brokerage account
- Analyze American International Group stock
- Execute your AIG purchase
- Get the latest news on your AIG position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get updates on your new investment in American International Group, get started below.
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