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American International Group (NYSE:) maintained its Market Perform rating from BMO Capital on Tuesday, with an expected upside of 18.80% based on a one-year price target of $72.58. The company’s projected annual revenue stands at $49,158 million, marking a decrease of 4.64%. The non-GAAP EPS is forecasted at 6.35.
AIG announced a quarterly dividend of $0.36 per share, offering investors a yield of 2.36%. This dividend payout corresponds to a payout ratio of 0.21 and reflects a three-year growth rate of 0.12%.
Leading shareholders include Capital Research Global Investors, Price T Rowe Associates, Wellington Management Group Llp, Vanguard Total Stock Market Index Fund Investor Shares (VTSMX), and Harris Associates L P.
While the put/call ratio of 0.89 indicates bullish sentiment for AIG, institutional ownership has seen a slight decline by 1.15% over the last quarter. Contrarily, the average portfolio weight dedicated to AIG has increased by 9.21%, reaching 0.41%.
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