News headlines about American Equity Investment Life (NYSE:AEL) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Equity Investment Life earned a daily sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.8687310202375 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
American Equity Investment Life (NYSE AEL) traded down $0.89 during mid-day trading on Friday, reaching $33.07. 590,413 shares of the company traded hands, compared to its average volume of 572,989. The company has a quick ratio of 0.12, a current ratio of 0.12 and a debt-to-equity ratio of 0.27. American Equity Investment Life has a 1 year low of $22.23 and a 1 year high of $35.79. The company has a market cap of $3,026.57, a PE ratio of 11.47 and a beta of 2.50.
American Equity Investment Life (NYSE:AEL) last issued its earnings results on Monday, November 6th. The financial services provider reported $0.96 EPS for the quarter, beating the consensus estimate of $0.63 by $0.33. The company had revenue of $906.00 million during the quarter, compared to analysts’ expectations of $615.75 million. American Equity Investment Life had a net margin of 7.90% and a return on equity of 10.50%. The business’s revenue for the quarter was up 43.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.05) EPS. equities research analysts anticipate that American Equity Investment Life will post 3 earnings per share for the current year.
AEL has been the topic of a number of recent research reports. ValuEngine raised American Equity Investment Life from a “buy” rating to a “strong-buy” rating in a report on Friday. Royal Bank of Canada lifted their price objective on American Equity Investment Life from $30.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, November 8th. B. Riley reissued a “hold” rating and issued a $26.00 target price on shares of American Equity Investment Life in a report on Wednesday, November 15th. Finally, Goldman Sachs Group started coverage on American Equity Investment Life in a report on Wednesday, October 18th. They issued a “neutral” rating and a $29.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. American Equity Investment Life currently has a consensus rating of “Buy” and an average target price of $29.83.
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American Equity Investment Life Company Profile
American Equity Investment Life Holding Company is engaged in the development and sale of fixed index and fixed rate annuity products. The Company issues fixed annuity and life insurance products through its life insurance subsidiaries, American Equity Investment Life Insurance Company, American Equity Investment Life Insurance Company of New York and Eagle Life Insurance Company.
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