American Equity Investment Life (AEL) Stock Forecast, Price Target & Predictions


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AEL Stock Forecast


American Equity Investment Life stock forecast is as follows: an average price target of $47.40 (represents a -16.06% downside from AEL’s last price of $56.47) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

AEL Price Target


The average price target for American Equity Investment Life (AEL) is $47.40 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $55.00 to $43.00. This represents a potential -16.06% downside from AEL's last price of $56.47.

AEL Analyst Ratings


Buy

According to 8 Wall Street analysts, American Equity Investment Life's rating consensus is 'Buy'. The analyst rating breakdown for AEL stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 3 'Hold' (37.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

American Equity Investment Life Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 14, 2023Mark HughesTruist Financial$55.00$53.412.98%-2.60%
Jan 10, 2023Morgan Stanley$50.00$46.617.27%-11.46%
Jan 06, 2023J.P. Morgan$44.00$46.39-5.15%-22.08%
Dec 21, 2022Evercore ISI$43.00$45.15-4.76%-23.85%
Dec 20, 2022Piper Sandler$45.00$40.8410.19%-20.31%
Dec 08, 2022Piper Sandler$44.00$39.8910.30%-22.08%

The latest American Equity Investment Life stock forecast, released on Jul 14, 2023 by Mark Hughes from Truist Financial, set a price target of $55.00, which represents a 2.98% increase from the stock price at the time of the forecast ($53.41), and a -2.60% decrease from AEL last price ($56.47).

American Equity Investment Life Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$56.47$56.47$56.47
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of American Equity Investment Life stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to American Equity Investment Life's last price of $56.47. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 06, 2023RBC CapitalSector PerformDowngrade
Jun 28, 2023BarclaysEqual-WeightOverweightInitialise
Jan 10, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Dec 19, 2022Roth CapitalBuyInitialise
Dec 19, 2022BarclaysEqual-WeightInitialise
Dec 19, 2022Lake StreetBuyInitialise
Dec 19, 2022EF HuttonBuyInitialise
Dec 08, 2022Piper SandlerOverweightOverweightHold
Jul 13, 2022Keefe, Bruyette & WoodsMarket PerformDowngrade
Feb 22, 2022Morgan StanleyEqual-WeightEqual-WeightHold

American Equity Investment Life's last stock rating was published by RBC Capital on Jul 06, 2023. The company Downgrade its AEL rating from "null" to "Sector Perform".

American Equity Investment Life Financial Forecast


American Equity Investment Life Revenue Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19Jul 19Mar 19Mar 18Mar 17
Revenue--------$77.95M--$258.11M$312.05M--$1.54B$922.46M--$1.24B$460.86M--$928.38M$967.96M--$234.40M$986.10M$703.13M
Avg Forecast$708.93M$700.57M$693.41M$684.38M$723.28M$708.18M$695.09M$680.71M$673.53M$654.92M$646.06M$633.14M$626.31M$635.58M$592.12M$613.40M$592.59M$583.43M$566.48M$555.19M$809.91M$549.92M$592.55M$651.19M$659.62M$641.76M$632.38M$626.57M$59.10M$47.38M
High Forecast$708.93M$700.57M$693.41M$684.38M$723.28M$708.18M$695.09M$687.32M$683.48M$719.17M$646.06M$633.14M$626.31M$635.58M$592.12M$613.40M$592.59M$583.43M$566.48M$555.19M$809.91M$549.92M$592.55M$651.19M$659.62M$641.76M$632.38M$626.57M$70.92M$56.85M
Low Forecast$708.93M$700.57M$693.41M$684.38M$723.28M$708.18M$695.09M$676.97M$659.08M$614.93M$646.06M$633.14M$626.31M$635.58M$592.12M$613.40M$592.59M$583.43M$566.48M$555.19M$809.91M$549.92M$592.55M$651.19M$659.62M$641.76M$632.38M$626.57M$47.28M$37.90M
# Analysts1111222343111111222214645353817
Surprise %--------0.12%--0.41%0.50%--2.51%1.56%--2.24%0.57%--1.43%1.47%--0.37%16.69%14.84%

American Equity Investment Life's average Quarter revenue forecast for Mar 24 based on 3 analysts is $680.71M, with a low forecast of $676.97M, and a high forecast of $687.32M. AEL's average Quarter revenue forecast represents a 773.23% increase compared to the company's last Quarter revenue of $77.95M (Dec 23).

American Equity Investment Life EBITDA Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19Jul 19Mar 19Mar 18Mar 17
# Analysts1111222343111111222214645353817
EBITDA--------$48.80M--$-121.74M$134.21M--$1.10B$698.34M--$847.05M$344.90M--$679.45M$691.58M--$108.63M$702.61M$512.63M
Avg Forecast$149.21M$147.45M$145.95M$144.05M$152.23M$149.05M$146.30M$637.26M$141.76M$137.85M$135.98M$133.26M$131.82M$133.77M$124.63M$129.11M$124.73M$122.80M$119.23M$116.86M$170.47M$115.75M$124.72M$409.44M$138.83M$135.07M$133.10M$102.72M$12.44M$9.97M
High Forecast$149.21M$147.45M$145.95M$144.05M$152.23M$149.05M$146.30M$764.71M$143.86M$151.37M$135.98M$133.26M$131.82M$133.77M$124.63M$129.11M$124.73M$122.80M$119.23M$116.86M$170.47M$115.75M$124.72M$491.33M$138.83M$135.07M$133.10M$123.27M$14.93M$11.97M
Low Forecast$149.21M$147.45M$145.95M$144.05M$152.23M$149.05M$146.30M$509.81M$138.72M$129.43M$135.98M$133.26M$131.82M$133.77M$124.63M$129.11M$124.73M$122.80M$119.23M$116.86M$170.47M$115.75M$124.72M$327.55M$138.83M$135.07M$133.10M$82.18M$9.95M$7.98M
Surprise %--------0.34%---0.91%1.02%--8.55%5.60%--7.25%2.02%--1.66%4.98%--1.06%56.49%51.41%

3 analysts predict AEL's average Quarter EBITDA for Mar 24 to be $637.26M, with a high of $764.71M and a low of $509.81M. This is 1205.83% upper than American Equity Investment Life's previous annual EBITDA (Dec 23) of $48.80M.

American Equity Investment Life Net Income Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19Jul 19Mar 19Mar 18Mar 17
# Analysts1111222343111111222214645353817
Net Income--------$-465.00M--$-155.89M$-18.10M--$566.22M$93.14M--$282.68M$8.74M--$242.95M$220.15M--$-30.01M$140.96M$53.94M
Avg Forecast$146.47M$142.04M$139.28M$138.53M$147.26M$144.08M$142.06M$496.06M$140.35M$138.25M$137.89M$530.54M$118.94M$64.65M$57.32M$567.42M$84.51M$61.44M$40.41M$359.34M$78.19M$83.18M$93.30M$146.40M$83.73M$79.17M$76.55M$-28.38M$139.28M$47.54M
High Forecast$146.47M$142.04M$139.28M$138.53M$147.26M$144.08M$142.06M$595.27M$146.03M$144.80M$137.89M$636.65M$142.73M$64.65M$57.32M$680.91M$84.51M$61.44M$40.41M$431.21M$78.19M$83.18M$93.30M$175.68M$83.73M$79.17M$76.55M$-22.70M$167.14M$57.05M
Low Forecast$146.47M$142.04M$139.28M$138.53M$147.26M$144.08M$142.06M$396.84M$136.29M$132.53M$137.89M$424.43M$95.15M$64.65M$57.32M$453.94M$84.51M$61.44M$40.41M$287.48M$78.19M$83.18M$93.30M$117.12M$83.73M$79.17M$76.55M$-34.05M$111.43M$38.03M
Surprise %---------3.31%---0.29%-0.15%--1.00%1.10%--0.79%0.11%--1.66%2.63%--1.06%1.01%1.13%

American Equity Investment Life's average Quarter net income forecast for Jul 22 is $57.32M, with a range of $57.32M to $57.32M. AEL's average Quarter net income forecast represents a -89.88% decrease compared to the company's last Quarter net income of $566.22M (Mar 22).

American Equity Investment Life SG&A Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19Jul 19Mar 19Mar 18Mar 17
# Analysts1111222343111111222214645353817
SG&A-----------$48.25M$46.63M--$36.19M$41.71M--$27.95M$26.86M--$22.16M$21.62M--$20.22M$16.39M$13.78M
Avg Forecast$37.85M$37.41M$37.02M$36.54M$38.62M$37.81M$37.11M$36.35M$35.96M$34.97M$34.50M$33.81M$53.27M$33.94M$31.62M$32.75M$31.64M$31.15M$30.25M$35.53M$43.24M$29.36M$31.64M$13.35M$35.22M$34.27M$33.76M$19.12M$16.19M$12.14M
High Forecast$37.85M$37.41M$37.02M$36.54M$38.62M$37.81M$37.11M$36.70M$36.49M$38.40M$34.50M$33.81M$63.92M$33.94M$31.62M$32.75M$31.64M$31.15M$30.25M$42.64M$43.24M$29.36M$31.64M$16.02M$35.22M$34.27M$33.76M$22.94M$19.43M$14.57M
Low Forecast$37.85M$37.41M$37.02M$36.54M$38.62M$37.81M$37.11M$36.15M$35.19M$32.83M$34.50M$33.81M$42.62M$33.94M$31.62M$32.75M$31.64M$31.15M$30.25M$28.43M$43.24M$29.36M$31.64M$10.68M$35.22M$34.27M$33.76M$15.30M$12.95M$9.71M
Surprise %-----------1.43%0.88%--1.10%1.32%--0.79%0.62%--1.66%0.61%--1.06%1.01%1.13%

American Equity Investment Life's average Quarter SG&A projection for Jul 23 is $34.50M, based on 1 Wall Street analysts, with a range of $34.50M to $34.50M. The forecast indicates a -28.51% fall compared to AEL last annual SG&A of $48.25M (Mar 23).

American Equity Investment Life EPS Forecast

Dec 25Oct 25Jul 25Mar 25Dec 24Oct 24Jul 24Mar 24Dec 23Oct 23Jul 23Mar 23Dec 22Oct 22Jul 22Mar 22Dec 21Oct 21Jul 21Mar 21Dec 20Oct 20Jul 20Mar 20Dec 19Oct 19Jul 19Mar 19Mar 18Mar 17
# Analysts1111222343111111222214645353817
EPS--------$-5.90--$-1.87$-0.21--$5.73$1.01--$2.84$-0.07--$2.58$2.41--$-0.33$1.57$0.61
Avg Forecast$1.82$1.77$1.73$1.72$1.83$1.79$1.77$1.73$1.75$1.72$1.72$1.28$0.96$0.80$0.71$0.92$1.05$0.76$0.50$0.59$0.97$1.03$1.16$1.15$1.04$0.98$0.95$0.92$0.83$0.52
High Forecast$1.82$1.77$1.73$1.72$1.83$1.79$1.77$1.78$1.82$1.80$1.72$1.28$0.96$0.80$0.71$0.92$1.05$0.76$0.50$0.59$0.97$1.03$1.16$1.15$1.04$0.98$0.95$0.92$1.00$0.62
Low Forecast$1.82$1.77$1.73$1.72$1.83$1.79$1.77$1.71$1.70$1.65$1.72$1.28$0.96$0.80$0.71$0.92$1.05$0.76$0.50$0.59$0.97$1.03$1.16$1.15$1.04$0.98$0.95$0.92$0.66$0.42
Surprise %---------3.38%---1.47%-0.22%--6.22%0.96%--4.78%-0.07%--2.24%2.31%---0.36%1.89%1.17%

According to 1 Wall Street analysts, American Equity Investment Life's projected average Quarter EPS for Jul 22 is $0.71, with a low estimate of $0.71 and a high estimate of $0.71. This represents a -87.56% decrease compared to AEL previous annual EPS of $5.73 (Mar 22).

American Equity Investment Life Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
JXNJackson Financial$90.37$92.672.55%Hold
CNOCNO Financial Group$37.52$33.00-12.05%Hold

AEL Forecast FAQ


Is American Equity Investment Life a good buy?

Yes, according to 8 Wall Street analysts, American Equity Investment Life (AEL) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of AEL's total ratings.

What is AEL's price target?

American Equity Investment Life (AEL) average price target is $47.4 with a range of $43 to $55, implying a -16.06% from its last price of $56.47. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will American Equity Investment Life stock go up soon?

According to Wall Street analysts' prediction for AEL stock, the company can go down by -16.06% (from the last price of $56.47 to the average price target of $47.4), down by -2.60% based on the highest stock price target, and down by -23.85% based on the lowest stock price target.

Can American Equity Investment Life stock reach $80?

AEL's average twelve months analyst stock price target of $47.4 does not support the claim that American Equity Investment Life can reach $80 in the near future.

What are American Equity Investment Life's analysts' financial forecasts?

American Equity Investment Life's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $2.81B (high $2.81B, low $2.8B), average EBITDA is $1.08B (high $1.21B, low $957.39M), average net income is $929.45M (high $1.03B, low $830.24M), average SG&A $149.89M (high $150.24M, low $149.69M), and average EPS is $7.12 (high $7.17, low $7.1). AEL's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.79B (high $2.79B, low $2.79B), average EBITDA is $586.66M (high $586.66M, low $586.66M), average net income is $566.32M (high $566.32M, low $566.32M), average SG&A $148.82M (high $148.82M, low $148.82M), and average EPS is $7.05 (high $7.05, low $7.05).

Did the AEL's actual financial results beat the analysts' financial forecasts?

Based on American Equity Investment Life's last annual report (Dec 2023), the company's revenue was $1.69B, which missed the average analysts forecast of $2.61B by -35.10%. Apple's EBITDA was $190.86M, missing the average prediction of $548.85M by -65.22%. The company's net income was $210.53M, missing the average estimation of $947.04M by -77.77%. Apple's SG&A was $0, missing the average forecast of $139.23M by -100.00%. Lastly, the company's EPS was $2.6, missing the average prediction of $6.46 by -59.74%. In terms of the last quarterly report (Dec 2023), American Equity Investment Life's revenue was $77.95M, missing the average analysts' forecast of $673.53M by -88.43%. The company's EBITDA was $48.8M, missing the average prediction of $141.76M by -65.58%. American Equity Investment Life's net income was $-465M, missing the average estimation of $140.35M by -431.31%. The company's SG&A was $0, missing the average forecast of $35.96M by -100.00%. Lastly, the company's EPS was $-5.9, missing the average prediction of $1.75 by -437.90%