American Equity Investment Life with ticker code (AEL) have now 9 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 50 and 36 suggesting an average Analsyt target price of $43.67. Now with the previous closing price of $37.89 and the analysts are correct then there would likely be a percentage uptick in value of 15.3%. It’s also worth noting that there is a 50 day moving average of $38.86 while the 200 day moving average is $39.91. The company has a market capitalization of $3,150m. Visit the company website at: https://www.american-equity.com
The potential market cap would be $3,630m based on the market consensus.
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.
The company has a dividend yield of 0.97% with the ex dividend date set at 25-11-2022 (DMY).
Other points of data to note are a P/E ratio of 2.89, revenue per share of 15.85 and a 1.32% return on assets.
