American Equity Investment Life Holding Company (AEL)

Last Closing Price: 56.21 (2024-04-25)

Company Description

American Equity Investment Life Insurance Company is a leader in the development and sale of fixed index and fixed rate annuity products. The company issues fixed annuity products through its wholly-owned life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company. Annuities offer policyholders a tax-deferred means of accumulating retirement savings, as well as a reliable source of income during the payout period. American Equity Investment Life Insurance Company's products include Fixed index annuities, Annual reset fixed rate annuities, Multi-year fixed rate annuities and Single premium immediate annuities. American Equity markets its products through a variable cost distribution network, including independent agents through national marketing organizations, broker/dealers, banks and registered investment advisors.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $2.84B
Net Income (Most Recent Fiscal Year) $210.53M
PE Ratio (Current Year Earnings Estimate) 7.91
PE Ratio (Trailing 12 Months) 7.46
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 1.57
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.46
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 3.91
Pre-Tax Margin (Trailing 12 Months) 10.47%
Net Margin (Trailing 12 Months) 7.42%
Return on Equity (Trailing 12 Months) 25.15%
Return on Assets (Trailing 12 Months) 0.84%
Current Ratio (Most Recent Fiscal Quarter) 0.34
Quick Ratio (Most Recent Fiscal Quarter) 0.34
Debt to Common Equity (Most Recent Fiscal Quarter) 0.28
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $38.57
Earnings per Share (Most Recent Fiscal Quarter) $1.99
Earnings per Share (Most Recent Fiscal Year) $7.50
Diluted Earnings per Share (Trailing 12 Months) $2.14
Stock
Exchange NYSE
Sector Financial Services
Industry Insurance - Life
Common Shares Outstanding 79.40M
Free Float 77.95M
Market Capitalization $4.46B
Average Volume (Last 20 Days) 0.69M
Beta (Past 60 Months) 0.80
Percentage Held By Insiders (Latest Annual Proxy Report) 1.83%
Percentage Held By Institutions (Latest 13F Reports) 94.98%
Annual Dividend (Based on Last Quarter) $0.38
Dividend Yield (Based on Last Quarter) 0.68%