American Equity's board approves buy back programme of up to 500,000 of common stock
M2 - Thu Aug 28, 6:27AM CDT
The board of directors of American Equity Investment Life Holding Company (NYSE:AEL), an underwriter of index and fixed rate annuities, approved the buy back up to 500,000 shares of the company's common stock in the next twelve months, it stated on Thursday.
American Equity Announces Stock Repurchase Program
Business Wire - Wed Aug 27, 3:00PM CDT
American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today announced that its Board of Directors has authorized American Equity to repurchase up to 500,000 shares of its common stock during the next twelve months. The share repurchase program is intended to offset dilution that results from the exercise of stock options. The share repurchases will be made from time-to-time at the Company's discretion in the open market, in privately negotiated transactions or otherwise as permitted by securities laws and other legal requirements. The timing of any such transactions will depend on a variety of factors, including market conditions and share price. The Board of Directors may modify, suspend, extend or terminate the program at any time.
American Equity Reports Second Quarter 2014 Results
Business Wire - Wed Jul 30, 3:00PM CDT
American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today reported second quarter 2014 net income of $36.7 million, or $0.46 per diluted common share, compared to second quarter 2013 net income of $120.1 million, or $1.71 per diluted common share.
American Equity Named Top Company as Life-Health Insurer
Business Wire - Tue Jul 29, 5:20PM CDT
American Equity Investment Life Insurance Company, a leading underwriter of index and fixed rate annuities, announced today that the company was named to the 2014 Ward's 50(R) group of top performing life and health insurers for the fourth consecutive year. American Equity is recognized for achieving outstanding financial results in the areas of safety, consistency and performance over a five year period (2009-2013).
3 High-Value Insurance Stocks Trading at Huge Discounts
Jason Ditz, The Motley Fool - Motley Fool - Tue Jul 22, 12:45PM CDT
Let's talk about life insurance. It's one of those industries people don't like to think about, and that means sometimes casual investors aren't keeping a close eye on them for potential bargains. That's good news for us, because today we're going...
American Equity Schedules Earnings Release, Conference Call and Webcast
Business Wire - Thu Jul 10, 3:28PM CDT
American Equity Investment Life Holding Company (NYSE: AEL) announced today that it will release second quarter 2014 earnings after the close of market on Wednesday, July 30, 2014. The second quarter earnings release and financial supplement will be posted on the American Equity website (www.american-equity.com) at that time.
Iowa Insurance Companies to Host Des Moines Insurance Conference May 29
Business Wire - Wed Apr 02, 8:01AM CDT
Six Iowa insurance companies are collaborating to host the inaugural 2014 Des Moines Insurance Conference. In addition, Symetra Financial Corporation, which is in the process of redomesticating its principal insurance subsidiary to Iowa, will participate in the conference.
Shares of AEL Up 12.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Tue Mar 25, 9:58AM CDT
SmarTrend identified an Uptrend for American Equity Investment (NYSE:AEL) on March 4th, 2014 at $22.41. In approximately 3 weeks, American Equity Investment has returned 12.45% as of today's recent price of $25.20.
American Equity Investment (AEL) is Overbought, What's Next? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 21, 7:14AM CDT
American Equity Investment (AEL) is Overbought, What’s Next?
American Equity to Present at NYSSA 18th Annual Insurance Industry Conference
Business Wire - Fri Mar 14, 1:19PM CDT
American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today announced that John Matovina, Chief Executive Officer and Ronald Grensteiner, President, American Equity Investment Life Insurance Company, will be presenting at the NYSSA 18th Annual Insurance Industry Conference on Monday, March 17 at 12:00 p.m. EDT. Investors may access a webcast of this presentation on American Equity's website at www.american-equity.com.
Downtrend Call Working As American Equity Investment Stock Falls 12.4% (AEL)
Comtex SmarTrend(R) - Tue Feb 25, 5:23PM CST
SmarTrend identified a Downtrend for American Equity Investment (NYSE:AEL) on January 10th, 2014 at $24.59. In approximately 2 months, American Equity Investment has returned 12.39% as of today's recent price of $21.54.
American Equity to Present at Raymond James 35th Annual Institutional Investors Conference
Business Wire - Tue Feb 25, 3:45PM CST
American Equity Investment Life Holding Company (NYSE:AEL), a leading underwriter of index and fixed rate annuities, today announced that John Matovina, Chief Executive Officer and Ted Johnson, Chief Financial Officer, will be presenting at the Raymond James 35th Annual Institutional Investors Conference on Tuesday, March 4 at 3:25 p.m. EST. Investors may access a webcast of this presentation on American Equity's website at www.american-equity.com.
Zacks Rank #5 Additions for Monday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Feb 24, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (strong sell) List for Monday
Upgrade Alert for American Equity Investment (AEL)
Comtex SmarTrend(R) - Thu Feb 20, 7:00AM CST
American Equity Investment (NYSE:AEL) was upgraded from Market Perform to Outperform at FBR Capital today. The stock closed yesterday at $20.90 on volume of 864,000 shares, above average daily volume of 706,000. Potential upside of 29.2% exists for American Equity Investment, based on a current level of $20.90 and analysts' average consensus price target of $27.00. The stock should find resistance at its 50-day moving average (MA) of $23.68, as well as support at its 200-day MA of $20.32.
Q4 Earnings in Line at American Equity - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 12:50PM CST
American Equity reported its fourth-quarter 2013 operating net income of 50 cents per share, in line with the Zacks Consensus Estimate.
American Equity Reports Fourth Quarter 2013 Results
Business Wire - Wed Feb 12, 3:00PM CST
American Equity Investment Life Holding Company (NYSE: AEL), a leading underwriter of index and fixed rate annuities, today reported fourth quarter 2013 net income of $51.0 million, or $0.64 per diluted common share, compared to fourth quarter 2012 net income of $36.4 million, or $0.55 per diluted common share.
Shares of AEL Down 14.5% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Tue Feb 11, 9:39AM CST
SmarTrend identified a Downtrend for American Equity Investment (NYSE:AEL) on January 10th, 2014 at $24.59. In approximately 1 month, American Equity Investment has returned 14.46% as of today's recent price of $21.03.
American Equity Investment Down 12.3% Since SmarTrend Downtrend Call (AEL)
Comtex SmarTrend(R) - Tue Feb 04, 9:26AM CST
SmarTrend identified a Downtrend for American Equity Investment (NYSE:AEL) on January 10th, 2014 at $24.59. In approximately 4 weeks, American Equity Investment has returned 12.34% as of today's recent price of $21.55.