AEL RSI Chart
Last 7 days
-0.2%
Last 30 days
-0.2%
Last 90 days
1.6%
Trailing 12 Months
45.1%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.9B | 2.7B | 2.4B | 2.8B |
2022 | 2.9B | 1.9B | 1.9B | 1.4B |
2021 | 3.7B | 3.9B | 3.6B | 3.7B |
2020 | 0 | 3.4B | 3.5B | 3.9B |
2019 | 2.0B | 2.5B | 3.0B | 3.5B |
2018 | 3.3B | 2.7B | 2.1B | 1.5B |
2017 | 2.7B | 3.0B | 3.3B | 3.9B |
2016 | 1.5B | 1.6B | 2.1B | 2.2B |
2015 | 2.1B | 1.9B | 1.6B | 1.5B |
2014 | 2.3B | 2.5B | 2.4B | 2.2B |
2013 | 1.8B | 2.0B | 2.1B | 2.6B |
2012 | 1.6B | 1.6B | 1.8B | 1.7B |
2011 | 1.3B | 1.5B | 1.6B | 1.5B |
2010 | 0 | 1.2B | 1.3B | 1.3B |
2009 | 0 | 0 | 0 | 1.2B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 02, 2024 | volpe nicholas p. | back to issuer | - | - | -197 | evp & chief technology officer |
May 02, 2024 | hayes michael e | back to issuer | - | - | -3,995 | - |
May 02, 2024 | hamalainen james louis | back to issuer | - | - | -16,957 | evp & chief investment officer |
May 02, 2024 | etinger kate | back to issuer | - | - | -222 | evp & chief people officer |
May 02, 2024 | andre axel | back to issuer | - | - | -13,740 | evp & chief financial officer |
May 02, 2024 | cushing brenda j | back to issuer | - | - | -22,925 | - |
May 02, 2024 | andre axel | back to issuer | - | - | -813 | evp & chief financial officer |
May 02, 2024 | bhalla anant | back to issuer | - | - | -880,663 | ceo & president |
May 02, 2024 | lorenzen jeffrey d | back to issuer | - | - | -38,756 | evp & chief risk officer |
May 02, 2024 | matula alan david | back to issuer | - | - | -36,341 | - |
Which funds bought or sold AEL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 07, 2024 | Illinois Municipal Retirement Fund | reduced | -2.28 | -31,000 | 1,989,000 | 0.03% |
May 07, 2024 | QRG CAPITAL MANAGEMENT, INC. | reduced | -8.49 | -30,926 | 365,373 | -% |
May 07, 2024 | ASSETMARK, INC | added | 4.82 | 90,059 | 1,695,160 | 0.01% |
May 07, 2024 | SEI INVESTMENTS CO | reduced | -3.79 | -10,482 | 332,414 | -% |
May 07, 2024 | Headlands Technologies LLC | new | - | 105,244 | 105,244 | 0.03% |
May 07, 2024 | Inspire Investing, LLC | new | - | 881,417 | 881,417 | 0.09% |
May 07, 2024 | NDVR, Inc. | sold off | -100 | -224,986 | - | -% |
May 07, 2024 | Arizona State Retirement System | reduced | -1.2 | -4,477 | 976,766 | 0.01% |
May 07, 2024 | HIGHLAND CAPITAL MANAGEMENT, LLC | new | - | 202,673 | 202,673 | 0.01% |
May 07, 2024 | MEEDER ASSET MANAGEMENT INC | sold off | -100 | -422,797 | - | -% |
Unveiling American Equity Investment Life Holding's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Peers (Alternatives to American Equity Investment Life Holding)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
ARGO | 1.0T | 1.3B | -4.9K | 773.83 | ||||
AJG | 53.5B | 10.6B | 49.03 | 5.04 | ||||
AIG | 53.0B | 48.4B | 10.98 | 1.1 | ||||
TRV | 49.8B | 42.9B | 15.85 | 1.16 | ||||
AFL | 48.2B | 19.3B | 9.01 | 2.49 | ||||
ACGL | 37.0B | 13.6B | 8.33 | 2.72 | ||||
AFG | 11.0B | 8.0B | 12.42 | 1.37 | ||||
MID-CAP | ||||||||
UNM | 10.0B | 12.6B | 7.54 | 0.79 | ||||
AIZ | 9.2B | 11.1B | 14.28 | 0.82 | ||||
LNC | 5.0B | 11.9B | 3.69 | 0.42 | ||||
AEL | 4.5B | 2.8B | 21.34 | 1.58 | ||||
SMALL-CAP | ||||||||
BRP | 1.9B | 1.3B | -35.66 | 1.53 | ||||
AMSF | 908.5M | 308.9M | 14.73 | 2.94 | ||||
AMBC | 828.5M | 314.0M | 14.41 | 2.64 | ||||
AAME | 37.3M | 186.8M | -218.34 | 0.2 |
American Equity Investment Life Holding News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 295.7% | 1,055 | 267 | 852 | 663 | 652 | 492 | 122 | 148 | 1,110 | 543 | 1,075 | 962 | 1,030 | 799 | 920 | 1,114 | 643 | 706 | 1,001 | 1,097 | 1,194 |
EBITDA Margin | -68.6% | 0.12* | 0.39* | 0.34* | 0.73* | 1.75* | 1.42* | 1.19* | 0.43* | 0.20* | 0.15* | 0.31* | 0.25* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -3.0% | 12.00 | 12.00 | 11.00 | 11.00 | 10.00 | 9.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
Income Taxes | -180.9% | -108 | 134 | 96.00 | -36.01 | -6.82 | 121 | 211 | 185 | 42.00 | 45.00 | -15.73 | 79.00 | 1.00 | 185 | -68.47 | 61.00 | 14.00 | 5.00 | -9.45 | 12.00 | 38.00 |
Earnings Before Taxes | -193.7% | -571 | 610 | 451 | -191 | 26.00 | 566 | 975 | 865 | 214 | 198 | -70.43 | 361 | 10.00 | 852 | -315 | 281 | 51.00 | 23.00 | -39.46 | 66.00 | 208 |
EBT Margin | -71.5% | 0.10* | 0.37* | 0.32* | 0.71* | 1.72* | 1.40* | 1.17* | 0.42* | 0.19* | 0.14* | 0.30* | 0.24* | - | - | - | - | - | - | - | - | - |
Net Income | -197.7% | -464 | 476 | 355 | -155 | 33.00 | 445 | 763 | 679 | 172 | 153 | -54.69 | 283 | -6.26 | 667 | -247 | 220 | 37.00 | 19.00 | -30.01 | 54.00 | 169 |
Net Income Margin | -74.5% | 0.07* | 0.29* | 0.25* | 0.56* | 1.36* | 1.10* | 0.92* | 0.33* | 0.15* | 0.10* | 0.23* | 0.19* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 472.8% | 896 | -240 | 2,373 | 861 | 912 | 787 | 207 | 98.00 | 3,593 | 8.00 | 146 | 468 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 4.2% | 79,918 | 76,713 | 77,645 | 74,496 | 73,184 | 70,185 | 71,663 | 74,899 | 80,544 | 78,318 | 73,882 | 72,678 | 71,689 | 68,665 | 68,608 | 65,550 | 69,697 | 68,330 | 66,371 | 64,482 | 61,626 |
Cash Equivalents | -4.1% | 9,773 | 10,188 | 5,001 | 2,778 | 1,920 | 1,808 | 1,287 | 1,934 | 4,509 | 12,685 | 11,524 | 11,087 | 9,096 | 2,657 | 2,409 | 1,833 | 2,293 | 1,139 | 1,216 | 1,116 | 344 |
Liabilities | 3.0% | 76,871 | 74,636 | 75,050 | 71,867 | 70,813 | 66,974 | 67,780 | 69,727 | 72,805 | 71,943 | 67,587 | 66,749 | 65,340 | 62,546 | 63,546 | 62,027 | 65,126 | 64,203 | 62,874 | 61,543 | 59,226 |
Shareholder's Equity | 47.2% | 3,023 | 2,054 | 2,595 | 2,629 | 2,350 | 2,161 | 3,628 | 5,720 | 7,739 | 6,375 | 6,296 | 5,929 | 6,349 | 5,918 | 4,920 | 3,500 | 4,427 | 4,127 | 3,497 | 2,940 | 2,405 |
Retained Earnings | -8.9% | 4,852 | 5,328 | 4,863 | 4,519 | 4,686 | 3,974 | 3,672 | 3,323 | 2,839 | 2,717 | 2,575 | 2,640 | 2,369 | 2,404 | 1,742 | 1,996 | 1,769 | 1,576 | 1,539 | 1,520 | 1,550 |
Additional Paid-In Capital | -0.1% | 1,071 | 1,072 | 1,056 | 1,045 | 1,325 | 1,362 | 1,508 | 1,690 | 1,614 | 1,609 | 1,605 | 1,688 | 1,681 | 1,511 | 1,508 | 1,215 | 1,212 | 820 | 818 | 815 | 811 |
Shares Outstanding | 0.5% | 79.00 | 79.00 | 78.00 | 78.00 | 85.00 | 92.00 | 93.00 | 97.00 | 94.00 | 92.00 | 95.00 | - | - | - | - | - | - | - | - | - | - |
Minority Interest | 6.7% | 25.00 | 23.00 | 23.00 | 23.00 | 21.00 | 3.00 | 1.00 | 1.00 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 4,029 | - | - | - | 3,270 | - | - | - | 2,946 | - | - | - | 2,227 | - | - | - | 2,433 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 517.7% | 910,207 | -217,889 | 2,382,448 | 865,043 | 918,724 | 812,725 | 212,438 | 99,932 | 3,595,873 | 13,047 | 152,363 | 471,881 | 949,755 | 683,127 | 836,804 | -1,164,700 | 1,063,122 | 417,046 | 759,242 | 1,111,992 | -543,054 |
Share Based Compensation | -118.0% | -1,844 | 10,263 | 10,973 | 9,904 | 5,119 | 4,288 | 824 | 5,596 | 5,336 | 6,109 | 8,860 | 4,296 | 2,700 | 3,121 | 2,105 | 2,289 | 1,893 | 2,042 | 3,155 | 4,205 | 2,653 |
Cashflow From Investing | -124.9% | -1,299,809 | 5,213,132 | -223,196 | 804,501 | -177,889 | 358,186 | -188,970 | -2,446,238 | -7,625,767 | 950,944 | 329,787 | 120,729 | 4,505,862 | -149,104 | -78,446 | 856,292 | -149,475 | -954,227 | -1,026,070 | -925,114 | -459,817 |
Cashflow From Financing | -113.6% | -26,250 | 192,538 | 63,553 | -811,361 | -629,298 | -650,004 | -670,142 | -228,777 | -4,145,917 | 196,537 | -45,010 | 1,398,993 | 983,273 | -286,026 | -182,822 | -151,885 | 241,008 | 459,951 | 366,905 | 584,616 | 218,025 |
Buy Backs | -101.7% | -231 | 13,507 | 2,932 | 293,193 | 44,099 | 154,088 | 188,984 | 179,396 | - | 1,340 | 95,077 | 2,998 | 165,094 | - | - | - | - | - | - | - | - |
Consolidated Statements of Operations - USD ($) $ in Thousands | 12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | [1] | Dec. 31, 2021 | ||||||||
Revenues: | |||||||||||
Premiums and other considerations | $ 11,967 | $ 19,739 | $ 58,202 | [1] | |||||||
Annuity product charges | 315,496 | 230,354 | [2] | 242,631 | [1],[2] | ||||||
Net investment income | 2,272,798 | 2,307,463 | 2,037,475 | [1] | |||||||
Change in fair value of derivatives | 259,046 | (1,138,128) | 1,348,735 | [1] | |||||||
Net realized losses on investments | (99,203) | (47,848) | (13,242) | [1] | |||||||
Other revenue | 75,866 | 42,245 | 16,160 | [1] | |||||||
Total revenues | 2,835,970 | 1,413,825 | 3,689,961 | [1] | |||||||
Benefits and expenses: | |||||||||||
Insurance policy benefits and change in future policy benefits (remeasurement gains (losses) of future policy benefit reserves of $(2,013), $(1,959), and $(1,907) for years ended 2023, 2022, 2021, respectively) | 17,687 | 33,220 | 73,896 | [1] | |||||||
Interest sensitive and index product benefits | 567,423 | 554,871 | 2,231,567 | [1] | |||||||
Market risk benefits (gains) losses | (14,546) | 3,684 | 268,973 | [1] | |||||||
Amortization of deferred sales inducements | 192,252 | 181,970 | [2] | 191,884 | [1],[2] | ||||||
Change in fair value of embedded derivatives | 1,143,576 | (2,352,598) | [2] | (358,302) | [1],[2] | ||||||
Interest expense on notes and loan payable | 45,890 | 32,098 | 25,581 | [1] | |||||||
Interest expense on subordinated debentures | 5,355 | 5,331 | 5,324 | [1] | |||||||
Amortization of deferred policy acquisition costs | 279,700 | 284,011 | [2] | 306,370 | [1],[2] | ||||||
Other operating costs and expenses | 301,581 | 239,526 | 241,882 | [1] | |||||||
Total benefits and expenses | 2,538,918 | (1,017,887) | 2,987,175 | [1] | |||||||
Income before income taxes | 297,052 | 2,431,712 | 702,786 | [1] | |||||||
Income tax expense | 85,133 | 511,135 | 149,763 | [1] | |||||||
Net income | 211,919 | 1,920,577 | [2] | 553,023 | [2],[3] | ||||||
Less: Net income available to noncontrolling interests | 1,389 | 358 | 0 | [1] | |||||||
Net income available to American Equity Investment Life Holding Company stockholders | 210,530 | 1,920,219 | 553,023 | [1] | |||||||
Less: Preferred stock dividends | 43,675 | 43,675 | 43,675 | [1] | |||||||
Net income available to American Equity Investment Life Holding Company common stockholders | $ 166,855 | $ 1,876,544 | $ 509,348 | [1] | |||||||
Earnings per common share | $ 2.10 | $ 20.72 | $ 5.43 | [1] | |||||||
Earnings per common share - assuming dilution | $ 2.06 | $ 20.50 | $ 5.39 | [1] | |||||||
Weighted average common shares outstanding: earnings per common share | 79,476,080 | 90,558,121 | 93,860,378 | [1] | |||||||
Weighted average common shares outstanding: earnings per common share - assuming dilution | 80,952,270 | 91,538,128 | 94,491,159 | [1] | |||||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 | [1] | ||
---|---|---|---|---|---|
Investments [Abstract] | |||||
Fixed maturity securities, available for sale, at fair value (amortized cost of $38,537,462 as of 2023 and $44,866,019 as of 2022; allowance for credit losses of $4,030 as of 2023 and $3,347 as of 2021) | $ 34,780,482 | $ 39,804,617 | |||
Mortgage loans on real estate (net of allowance for credit losses of $38,135 as of 2023 and $36,972 as of 2022) | 7,537,594 | 6,949,027 | |||
Real estate investments (2023 and 2022 include $1,327,704 and $1,056,063 related to consolidated variable interest entities) | 1,334,247 | 1,056,063 | |||
Limited partnerships and limited liability companies (2023 and 2022 include $506,685 and $684,834 related to consolidated variable interest entities) | 1,089,591 | 1,266,779 | |||
Derivative instruments | 1,207,288 | 431,727 | |||
Other investments | 2,277,822 | 1,817,085 | |||
Total investments | 48,227,024 | 51,325,298 | |||
Cash and cash equivalents (2023 and 2022 include $35,745 and $27,235 related to consolidated variable interest entities) | 9,772,586 | 1,919,669 | |||
Coinsurance deposits | 14,582,728 | 13,254,956 | |||
Market risk benefits | 479,694 | 229,871 | |||
Accrued investment income (2023 and 2022 include $2,862 and $3,444 related to consolidated variable interest entities) | 459,332 | 497,851 | |||
Deferred policy acquisition costs | 3,070,280 | 2,773,643 | |||
Deferred sales inducements | 2,367,224 | 2,045,683 | |||
Deferred income taxes | 152,652 | 438,434 | |||
Income taxes recoverable | 37,854 | 55,498 | |||
Other assets (2023 and 2022 include $18,681 and $10,690 related to consolidated variable interest entities) | 768,928 | 642,696 | |||
Total assets | 79,918,302 | 73,183,599 | |||
Liabilities: | |||||
Policy benefit reserves | 60,901,641 | 58,781,836 | |||
Market risk benefits | 3,146,554 | 2,455,492 | |||
Other policy funds and contract claims | 188,856 | 512,790 | |||
Notes and loan payable | 785,443 | 792,073 | |||
Subordinated debentures | 79,107 | 78,753 | |||
Funds withheld for reinsurance liabilities | 8,596,373 | 6,577,426 | |||
Other liabilities (2023 and 2022 include $93,520 and $78,644 related to consolidated variable interest entities) | 3,172,554 | 1,614,479 | |||
Total liabilities | 76,870,528 | 70,812,849 | |||
Stockholders' equity: | |||||
Common stock; par value $1 per share; 200,000,000 shares authorized; issued and outstanding: 2023 - 79,337,818 shares (excluding 30,765,023 treasury shares); 2022 - 84,810,255 shares (excluding 24,590,353 treasury shares) | 79,338 | 84,810 | |||
Additional paid-in capital | 1,071,103 | 1,325,316 | |||
Accumulated other comprehensive loss | (2,979,657) | (3,746,230) | |||
Retained earnings | 4,852,448 | 4,685,593 | |||
Total stockholders' equity attributable to American Equity Investment Life Holding Company | 3,023,260 | 2,349,517 | |||
Noncontrolling interests | 24,514 | 21,233 | |||
Total stockholders' equity | 3,047,774 | 2,370,750 | |||
Total liabilities and stockholders' equity | 79,918,302 | 73,183,599 | |||
Preferred Stock, Series A | |||||
Stockholders' equity: | |||||
Preferred stock | 16 | 16 | |||
Preferred Stock, Series B | |||||
Stockholders' equity: | |||||
Preferred stock | $ 12 | $ 12 | |||
|