fixed index annuities * retirement planning * customer service an american-owned and operated company headquartered in the heart of the midwest, american equity investment life insurance company® is a leader in the fixed indexed annuities marketplace. american equity’s growth and success is attributed to our dedication to excellent customer service and emphasis on building customer relationships. “the one who works for you!®” serves as the foundation for the way american equity does business and values its more than 500 employees. guided by our principles of excellence, we do more than sell retirement annuity products -- we are dedicated to fostering opportunity and innovation to meet the ever-changing needs and goals of retirement. we are about principles. we are the one who works for you! social media terms and conditions of use: https://www.american-equity.com/social-media-terms
Company profile
Ticker
AEL, AEL-PA, AEL-PB
Exchange
Website
CEO
Anant Bhalla
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
American Equity Investment Life Insurance Company • Eagle Life Insurance Company • AEL Re Vermont Inc. • AEL Re Vermont II, Inc. • AEL Re Bermuda Ltd. • Entrada Life Insurance Company • Ace Fund Holdings, LLC • AE Capital, LLC • AEL Financial Services, LLC • BH JV (Berm FW) Multifamily Investors, LLC ...
IRS number
421447959
AEL stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
12 Apr 24
8-K
Other Events
5 Apr 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023
14 Feb 24
8-K
Departure of Directors or Certain Officers
27 Dec 23
8-K
Entry into a Material Definitive Agreement
21 Dec 23
8-K
Important Notice to American Equity Investment Life Holding Company (AEL) Directors and Section 16 Insiders
29 Nov 23
8-K
Submission of Matters to a Vote of Security Holders
13 Nov 23
10-Q
2023 Q3
Quarterly report
8 Nov 23
8-K
Results of Operations and Financial Condition
7 Nov 23
Transcripts
AEL
Earnings call transcript
2023 Q1
9 May 23
AEL
Earnings call transcript
2022 Q4
17 Feb 23
AEL
Earnings call transcript
2022 Q3
9 Nov 22
AEL
Earnings call transcript
2022 Q2
13 Aug 22
AEL
Earnings call transcript
2022 Q1
8 May 22
AEL
Earnings call transcript
2021 Q4
18 Feb 22
AEL
Earnings call transcript
2021 Q3
9 Nov 21
AEL
Earnings call transcript
2021 Q2
6 Aug 21
AEL
Earnings call transcript
2021 Q1
9 May 21
AEL
Earnings call transcript
2021 Q1
6 May 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.19 bn | 10.19 bn | 10.19 bn | 10.19 bn | 10.19 bn | 10.19 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 72.63 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 497.31 mm | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 9.69 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 133.4 | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 248 |
Opened positions | 48 |
Closed positions | 57 |
Increased positions | 48 |
Reduced positions | 102 |
13F shares | Current |
---|---|
Total value | 3.89 tn |
Total shares | 88.16 mm |
Total puts | 67.51 k |
Total calls | 13.50 k |
Total put/call ratio | 5.0 |
Largest owners | Shares | Value |
---|---|---|
BN Brookfield Corporation - Ordinary Shares | 15.89 mm | $852.13 bn |
BNRE Brookfield Reinsurance Ltd - Ordinary Shares | 15.89 mm | $0.00 |
BLK Blackrock | 10.40 mm | $558.09 bn |
Vanguard | 8.29 mm | $444.68 bn |
Dimensional Fund Advisors | 6.06 mm | $325.04 bn |
STT State Street | 2.82 mm | $151.09 bn |
Manufacturers Life Insurance Company, The | 1.67 mm | $89.54 bn |
Geode Capital Management | 1.54 mm | $82.57 bn |
MS Morgan Stanley | 1.40 mm | $74.98 bn |
NTRS Northern Trust | 1.34 mm | $71.73 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Feb 24 | Erik H. Askelsen | Common Stock | Grant | Acquire A | No | No | 0 | 8,102 | 0.00 | 8,102 |
29 Feb 24 | Nicholas P. Volpe | Common Stock | Grant | Acquire A | No | No | 0 | 7,202 | 0.00 | 19,337 |
29 Feb 24 | Jeffrey D Lorenzen | Common Stock | Grant | Acquire A | No | No | 0 | 11,433 | 0.00 | 38,756 |
29 Feb 24 | Aaron Boushek | Common Stock | Grant | Acquire A | No | No | 0 | 1,898 | 0.00 | 6,251 |
29 Feb 24 | Anant Bhalla | Common Stock | Grant | Acquire A | No | No | 0 | 99,028 | 0.00 | 880,663 |
Press releases
Adams Street Partners Raises $1 Billion for First Middle Market CLO
9 Apr 24
Hearing Date Set for Brookfield Reinsurance Acquisition of AEL
13 Mar 24
American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023
14 Feb 24
American Equity Declares 1st Quarter 2024 Preferred Stock Dividend
1 Feb 24