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AEL

AEL - American Equity Investment Life Holding Stock Price, Fair Value and News

54.99USD-0.13 (-0.24%)Delayed as of 16 Apr 2024, 09:48 am ET

Market Summary

AEL
USD54.99-0.13
Delayedas of 16 Apr 2024, 09:48 am
-0.24%

AEL Stock Price

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AEL RSI Chart

AEL Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

20.79

Price/Sales (Trailing)

1.54

EV/EBITDA

-15.61

Price/Free Cashflow

1.13

AEL Price/Sales (Trailing)

AEL Profitability

EBT Margin

10.47%

Return on Equity

6.96%

Return on Assets

0.26%

Free Cashflow Yield

88.88%

AEL Fundamentals

AEL Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

61.75%

Rev. Growth (Qtr)

295.7%

AEL Earnings

Earnings (TTM)

210.5M

Earnings Growth (Yr)

-1.5K%

Earnings Growth (Qtr)

-197.66%

Breaking Down AEL Revenue

52 Week Range

36.6955.08
(Low)(High)

Last 7 days

-2.0%

Last 30 days

-1.5%

Last 90 days

-0.4%

Trailing 12 Months

49.1%

How does AEL drawdown profile look like?

AEL Financial Health

AEL Investor Care

Dividend Yield

0.65%

Dividend/Share (TTM)

0.36

Buy Backs (1Y)

6.35%

Diluted EPS (TTM)

2.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.9B2.7B2.4B2.8B
20222.9B1.9B1.9B1.4B
20213.7B3.9B3.6B3.7B
202003.4B3.5B3.9B
20192.0B2.5B3.0B3.5B
20183.3B2.7B2.1B1.5B
20172.7B3.0B3.3B3.9B
20161.5B1.6B2.1B2.2B
20152.1B1.9B1.6B1.5B
20142.3B2.5B2.4B2.2B
20131.8B2.0B2.1B2.6B
20121.6B1.6B1.8B1.7B
20111.3B1.5B1.6B1.5B
201001.2B1.3B1.3B
20090001.2B
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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.

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Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of American Equity Investment Life Holding

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold AEL recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 46

Are Funds Buying or Selling AEL?

Are funds buying AEL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own AEL
No. of Funds

Unveiling American Equity Investment Life Holding's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.93%
8,636,001
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
7.2%
5,702,253
SC 13G/A
Jan 23, 2024
blackrock inc.
13.8%
10,914,819
SC 13G/A
Dec 21, 2023
brookfield reinsurance ltd.
20.10%
15,886,163
SC 13D/A
Jul 05, 2023
brookfield reinsurance ltd.
20.38%
15,886,163
SC 13D/A
Jun 27, 2023
brookfield reinsurance ltd.
20.38%
15,886,163
SC 13D/A
May 11, 2023
brookfield reinsurance ltd.
20.38%
15,886,163
SC 13D/A
Feb 14, 2023
macquarie group ltd
3.14%
2,687,745
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
8.2%
7,005,497
SC 13G/A
Feb 09, 2023
vanguard group inc
11.50%
9,856,998
SC 13G/A

Recent SEC filings of American Equity Investment Life Holding

View All Filings
Date Filed Form Type Document
Apr 12, 2024
8-K
Current Report
Apr 05, 2024
8-K
Current Report
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Feb 29, 2024
10-K
Annual Report
Feb 27, 2024
4
Insider Trading
Feb 27, 2024
4
Insider Trading

Peers (Alternatives to American Equity Investment Life Holding)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.2B
1.59% 3149.83%
-4.8K
823.49
-25.27% -3.53%
50.6B
41.4B
0.03% 31.25%
16.93
1.22
12.15% 5.24%
50.3B
10.1B
-8.31% 15.80%
51.87
5
17.79% -12.97%
49.7B
46.8B
-4.23% 41.99%
13.65
1.06
-14.05% -64.38%
46.3B
18.7B
-4.86% 21.24%
9.94
2.48
-2.30% 5.45%
33.6B
13.6B
-2.29% 27.80%
7.56
2.46
41.83% 201.02%
10.6B
7.8B
-4.77% 5.07%
12.39
1.35
11.18% -5.12%
MID-CAP
9.6B
12.4B
-4.15% 24.78%
7.45
0.77
3.35% -8.77%
9.0B
11.1B
-4.81% 48.51%
13.95
0.81
9.21% 132.28%
4.7B
11.6B
2.95% 33.00%
-6.29
0.41
-38.09% -155.38%
4.4B
2.8B
-1.48% 49.05%
20.79
1.54
100.59% -89.04%
SMALL-CAP
1.6B
1.2B
-7.10% 7.33%
-18.16
1.34
24.25% -115.79%
924.8M
306.9M
-4.35% -6.68%
14.89
3.01
4.11% 11.70%
647.2M
269.0M
-4.79% -5.17%
143.82
2.41
-46.68% -99.14%
43.7M
186.8M
-21.03% -14.06%
-255.33
0.23
-0.56% -111.21%

American Equity Investment Life Holding News

Latest updates
Defense World • 4 hours ago
Defense World • 07 Apr 2024 • 07:58 am
InvestorsObserver • 21 Mar 2024 • 07:00 am

American Equity Investment Life Holding Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22019Q42019Q32019Q22019Q12018Q42018Q3
Revenue295.7%1,0552678526636524921221481,1105431,0759621,0307999201,1146437061,0011,0971,194
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%12.0012.0011.0011.0010.009.006.006.006.007.006.006.006.006.006.006.006.006.006.006.006.00
Income Taxes-180.9%-10813496.00-36.01-6.8212121118542.0045.00-15.7379.001.00185-68.4761.0014.005.00-9.4512.0038.00
Earnings Before Taxes-193.7%-571610451-19126.00566975865214198-70.4336110.00852-31528151.0023.00-39.4666.00208
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%-464476355-15533.00445763679172153-54.69283-6.26667-24722037.0019.00-30.0154.00169
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 Cashflow472.8%896-2402,37386191278720798.003,5938.00146468---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets4.2%79,91876,71377,64574,49673,18470,18571,66374,89980,54478,31873,88272,67871,68968,66568,60865,55069,69768,33066,37164,48261,626
    Cash Equivalents-4.1%9,77310,1885,0012,7781,9201,8081,2871,9344,50912,68511,52411,0879,0962,6572,4091,8332,2931,1391,2161,116344
Liabilities3.0%76,87174,63675,05071,86770,81366,97467,78069,72772,80571,94367,58766,74965,34062,54663,54662,02765,12664,20362,87461,54359,226
Shareholder's Equity47.2%3,0232,0542,5952,6292,3502,1613,6285,7207,7396,3756,2965,9296,3495,9184,9203,5004,4274,1273,4972,9402,405
  Retained Earnings-8.9%4,8525,3284,8634,5194,6863,9743,6723,3232,8392,7172,5752,6402,3692,4041,7421,9961,7691,5761,5391,5201,550
  Additional Paid-In Capital-0.1%1,0711,0721,0561,0451,3251,3621,5081,6901,6141,6091,6051,6881,6811,5111,5081,2151,212820818815811
Shares Outstanding0.5%79.0079.0078.0078.0085.0092.0093.0097.0094.0092.0095.0096.00---------
Minority Interest6.7%25.0023.0023.0023.0021.003.001.001.00-------------
Float---4,029---3,270---2,946---2,227---2,433--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations517.7%910,207-217,8892,382,448865,043918,724812,725212,43899,9323,595,87313,047152,363471,881949,755683,127836,804-1,164,7001,063,122417,046759,2421,111,992-543,054
  Share Based Compensation-118.0%-1,84410,26310,9739,9045,1194,2888245,5965,3366,1098,8604,2962,7003,1212,1052,2891,8932,0423,1554,2052,653
Cashflow From Investing-124.9%-1,299,8095,213,132-223,196804,501-177,889358,186-188,970-2,446,238-7,625,767950,944329,787120,7294,505,862-149,104-78,446856,292-149,475-954,227-1,026,070-925,114-459,817
Cashflow From Financing-113.6%-26,250192,53863,553-811,361-629,298-650,004-670,142-228,777-4,145,917196,537-45,0101,398,993983,273-286,026-182,822-151,885241,008459,951366,905584,616218,025
  Buy Backs-101.7%-23113,5072,932293,19344,099154,088188,984179,396-1,34095,0772,998165,094--------

AEL Income Statement

2023-12-31
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 charges315,496230,354[2]242,631[1],[2]
Net investment income2,272,7982,307,4632,037,475[1]
Change in fair value of derivatives259,046(1,138,128)1,348,735[1]
Net realized losses on investments(99,203)(47,848)(13,242)[1]
Other revenue75,86642,24516,160[1]
Total revenues2,835,9701,413,8253,689,961[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 $(1,907) for years ended 2023, 2022, 2021, respectively)17,68733,22073,896[1]
Interest sensitive and index product benefits567,423554,8712,231,567[1]
Market risk benefits (gains) losses(14,546)3,684268,973[1]
Amortization of deferred sales inducements192,252181,970[2]191,884[1],[2]
Change in fair value of embedded derivatives1,143,576(2,352,598)[2](358,302)[1],[2]
Interest expense on notes and loan payable45,89032,09825,581[1]
Interest expense on subordinated debentures5,3555,3315,324[1]
Amortization of deferred policy acquisition costs279,700284,011[2]306,370[1],[2]
Other operating costs and expenses301,581239,526241,882[1]
Total benefits and expenses2,538,918(1,017,887)2,987,175[1]
Income before income taxes297,0522,431,712702,786[1]
Income tax expense85,133511,135149,763[1]
Net income211,9191,920,577[2]553,023[2],[3]
Less: Net income available to noncontrolling interests1,3893580[1]
Net income available to American Equity Investment Life Holding Company stockholders210,5301,920,219553,023[1]
Less: Preferred stock dividends43,67543,67543,675[1]
Net income available to American Equity Investment Life Holding Company common stockholders$ 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 share79,476,08090,558,12193,860,378[1]
Weighted average common shares outstanding: earnings per common share - assuming dilution80,952,27091,538,12894,491,159[1]
[1]Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[2]Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[3]Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.

AEL Balance Sheet

2023-12-31
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)7,537,5946,949,027
Real estate investments (2023 and 2022 include $1,327,704 and $1,056,063 related to consolidated variable interest entities)1,334,2471,056,063
Limited partnerships and limited liability companies (2023 and 2022 include $506,685 and $684,834 related to consolidated variable interest entities)1,089,5911,266,779
Derivative instruments1,207,288431,727
Other investments2,277,8221,817,085
Total investments48,227,02451,325,298
Cash and cash equivalents (2023 and 2022 include $35,745 and $27,235 related to consolidated variable interest entities)9,772,5861,919,669
Coinsurance deposits14,582,72813,254,956
Market risk benefits479,694229,871
Accrued investment income (2023 and 2022 include $2,862 and $3,444 related to consolidated variable interest entities)459,332497,851
Deferred policy acquisition costs3,070,2802,773,643
Deferred sales inducements2,367,2242,045,683
Deferred income taxes152,652438,434
Income taxes recoverable37,85455,498
Other assets (2023 and 2022 include $18,681 and $10,690 related to consolidated variable interest entities)768,928642,696
Total assets79,918,30273,183,599
Liabilities:  
Policy benefit reserves60,901,64158,781,836
Market risk benefits3,146,5542,455,492
Other policy funds and contract claims188,856512,790
Notes and loan payable785,443792,073
Subordinated debentures79,10778,753
Funds withheld for reinsurance liabilities8,596,3736,577,426
Other liabilities (2023 and 2022 include $93,520 and $78,644 related to consolidated variable interest entities)3,172,5541,614,479
Total liabilities76,870,52870,812,849
Stockholders' equity:  
Common stock; par value $1 per share; 200,000,000 shares authorized; issued and outstanding: 2023 - 79,337,818 shares (excluding 30,765,023 treasury shares); 2022 - 84,810,255 shares (excluding 24,590,353 treasury shares)79,33884,810
Additional paid-in capital1,071,1031,325,316
Accumulated other comprehensive loss(2,979,657)(3,746,230)
Retained earnings4,852,4484,685,593
Total stockholders' equity attributable to American Equity Investment Life Holding Company3,023,2602,349,517
Noncontrolling interests24,51421,233
Total stockholders' equity3,047,7742,370,750
Total liabilities and stockholders' equity79,918,30273,183,599
Preferred Stock, Series A  
Stockholders' equity:  
Preferred stock1616
Preferred Stock, Series B  
Stockholders' equity:  
Preferred stock$ 12$ 12
[1]Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
AEL
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.
 CEO
 WEBSITEamerican-equity.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES840

American Equity Investment Life Holding Frequently Asked Questions


What is the ticker symbol for American Equity Investment Life Holding? What does AEL stand for in stocks?

AEL is the stock ticker symbol of American Equity Investment Life Holding. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of American Equity Investment Life Holding (AEL)?

As of Mon Apr 15 2024, market cap of American Equity Investment Life Holding is 4.38 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AEL stock?

You can check AEL's fair value in chart for subscribers.

What is the fair value of AEL stock?

You can check AEL's fair value in chart for subscribers. The fair value of American Equity Investment Life Holding is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of American Equity Investment Life Holding is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AEL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is American Equity Investment Life Holding a good stock to buy?

The fair value guage provides a quick view whether AEL is over valued or under valued. Whether American Equity Investment Life Holding is cheap or expensive depends on the assumptions which impact American Equity Investment Life Holding's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AEL.

What is American Equity Investment Life Holding's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, AEL's PE ratio (Price to Earnings) is 20.79 and Price to Sales (PS) ratio is 1.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AEL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on American Equity Investment Life Holding's stock?

In the past 10 years, American Equity Investment Life Holding has provided 0.1 (multiply by 100 for percentage) rate of return.