American Equity Investment Life Holding Company (NYSE:AEL) changes shares on Tuesday trading session, with a change of 0.13% or $0.03 shares. The trading starts at $23.86 and closed at $23.21 throughout the day. The trading session low price was $23.02 and day high was $23.91 on Tuesday, June 23. After the session, the Financial sector daily volume shifted to 0.61 million while its average volume is 802.44K. In other hand, the AEL market cap reached to $2.14B. While, its current target price is $23.24 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -2.92% and up 16.67% for month. Its quarterly performance was 44.17% above, while its half year performance is down -22.64%. AEL yearly performance stood at negative -12.73% and fall -22.35% for year-to-date. Current recommendation for American Equity Investment Life Holding Company is 2.70.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AEL EPS (TTM) for 12-month is 5.57. EPS for this year is -46.50%, while for the next year its value is 4.78. Sales growth for the current quarter is 0.42 while its EPS Q/Q reached 877.80%. It has an EPS of 11.20% up for past five years and for the next five years will be up 10.00%.
Let’s take a look on the analyst recommendations on AEL for the current month and previous month. For the current month, 2 of 10 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 7 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $19.00-$30.00. Average target price for AEL was reached at $24.80.
Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in American Equity Investment Life Holding Company (AEL) stock. On Mar 30, 2020, Blackrock Inc. has 13.19 million shares which valued 247.97 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 10.86 million shares which valued at 204.11 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 7.48 million shares which valued at 140.72 million. In the end, Dimensional Fund Advisors LP have 8.18% shares outstanding of American Equity Investment Life Holding Company (AEL) on Mar 30, 2020. The insider ownership moved to 1.70% and institutional holding shifted to 99.20%.
The company posted an EPS (TTM) of 5.57. According to the most recent quarter report on (Jun 2020), 10 analysts estimated an average EPS of 1.13, while 1.09 EPS posted a year ago period. Analyst Estimated EPS for AEL published in the report was 0.75-1.23 during the same period. Comparing with last year, the average estimated EPS was 1.09 which is lower than 1.67 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AEL fall -5.13% for period of 200 days. SMA for 50 days was 10.87% which is showing green signal, while SMA-20 was 0.26%. The moving average value for American Equity Investment Life Holding Company (AEL) is 24.02 and 21.52 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AEL stock. On Mar 31, Chapman Joyce Ann, Director, sold 10,000 trading shares at the cost of $19.26, which valued at 0.19 million. On Mar 20, Bhalla Anant, CEO & President, bought 1,639 shares at the cost of $12.00, with total shares of 5,714. On Mar 19, Bhalla Anant, CEO & President, bought 4,075 shares at the cost of 11.83. After this transaction, Bhalla Anant total shares reached to 4,075 which valued at 48188.0.