AEL RSI Chart
Last 7 days
-2.0%
Last 30 days
-1.5%
Last 90 days
-0.4%
Trailing 12 Months
49.1%
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 |
---|---|---|---|---|---|---|
Feb 29, 2024 | bhalla anant | acquired | - | - | 99,028 | ceo & president |
Feb 29, 2024 | boushek aaron | acquired | - | - | 1,898 | controller |
Feb 29, 2024 | volpe nicholas p. | acquired | - | - | 7,202 | evp & chief technology officer |
Feb 29, 2024 | lorenzen jeffrey d | acquired | - | - | 11,433 | evp & chief risk officer |
Feb 29, 2024 | askelsen erik h. | acquired | - | - | 8,102 | evp & general counsel |
Feb 25, 2024 | bhalla anant | sold (taxes) | -598,652 | 55.58 | -10,771 | ceo & president |
Feb 25, 2024 | boushek aaron | acquired | - | - | 992 | controller |
Feb 25, 2024 | hamalainen james louis | sold (taxes) | -89,483 | 55.58 | -1,610 | evp & chief investment officer |
Feb 25, 2024 | lorenzen jeffrey d | sold (taxes) | -170,353 | 55.58 | -3,065 | evp & chief risk officer |
Feb 25, 2024 | boushek aaron | back to issuer | -55,135 | 55.58 | -992 | controller |
Which funds bought or sold AEL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 12, 2024 | Capital Advisors Wealth Management, LLC | unchanged | - | 12,990 | 1,738,750 | 0.36% |
Apr 11, 2024 | Profit Investment Management, LLC | reduced | -14.67 | -693,109 | 4,247,650 | 2.40% |
Apr 11, 2024 | Fortitude Family Office, LLC | new | - | 337 | 337 | -% |
Apr 09, 2024 | MATHER GROUP, LLC. | new | - | 4,018 | 4,018 | -% |
Apr 09, 2024 | MASSMUTUAL TRUST CO FSB/ADV | unchanged | - | 10.00 | 1,349 | -% |
Apr 05, 2024 | NBC SECURITIES, INC. | reduced | -71.04 | -20,000 | 8,000 | -% |
Apr 05, 2024 | FIRST HAWAIIAN BANK | sold off | -100 | -429,325 | - | -% |
Apr 05, 2024 | LOS ANGELES CAPITAL MANAGEMENT LLC | unchanged | - | 8,826 | 1,181,460 | -% |
Apr 05, 2024 | GAMMA Investing LLC | unchanged | - | 446 | 24,849 | -% |
Apr 05, 2024 | CWM, LLC | added | 126 | 15,000 | 26,000 | -% |
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 | 1.2B | -4.8K | 823.49 | ||||
TRV | 50.6B | 41.4B | 16.93 | 1.22 | ||||
AJG | 50.3B | 10.1B | 51.87 | 5 | ||||
AIG | 49.7B | 46.8B | 13.65 | 1.06 | ||||
AFL | 46.3B | 18.7B | 9.94 | 2.48 | ||||
ACGL | 33.6B | 13.6B | 7.56 | 2.46 | ||||
AFG | 10.6B | 7.8B | 12.39 | 1.35 | ||||
MID-CAP | ||||||||
UNM | 9.6B | 12.4B | 7.45 | 0.77 | ||||
AIZ | 9.0B | 11.1B | 13.95 | 0.81 | ||||
LNC | 4.7B | 11.6B | -6.29 | 0.41 | ||||
AEL | 4.4B | 2.8B | 20.79 | 1.54 | ||||
SMALL-CAP | ||||||||
BRP | 1.6B | 1.2B | -18.16 | 1.34 | ||||
AMSF | 924.8M | 306.9M | 14.89 | 3.01 | ||||
AMBC | 647.2M | 269.0M | 143.82 | 2.41 | ||||
AAME | 43.7M | 186.8M | -255.33 | 0.23 |
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 | - | 0.12* | - | 0.34* | 0.73* | 1.75* | 1.42* | 1.19* | 0.43* | 0.20* | 0.15* | 0.31* | 0.25* | 0.35* | - | - | - | - | - | - | - | - |
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 | 96.00 | - | - | - | - | - | - | - | - | - |
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 | |||
|