American Equity Investment Life Holding Co (AEL) Stock
AEL is no longer traded. American Equity Investment Life Holding was acquired by Brookfield Reinsurance (BNT) on May 2, 2024.
Each AEL share was exchanged for $56.50 in cash. Prices on this page are historical; the last trade was May 2, 2024 at $56.47.
See Brookfield Reinsurance (BNT) stock →American Equity Investment Life Holding stock price history
AEL final trading statistics
- Final close
- $56.47
- Final trading day
- May 2, 2024
- Market cap at delisting
- $4.49B
- Shares outstanding
- 79.57M
- Final 52-week range
- $37.54 – $57.29
- Avg. volume (final 3 mo.)
- 1,008,067
- All-time high (split-adj.)
- $56.51 · Apr 2024
- All-time low (split-adj.)
- $2.68 · Mar 2009
- Return since IPO
- +641.7%
- Beta
- 0.79
- Book value / share
- $38.11
- Price / book
- 1.48
American Equity Investment Life Holding annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $1.69B | $210.5M | $7.53 |
| FY2022 | $3.77B | $1.2B | $3.98 |
| FY2021 | $4.05B | $553.0M | $3.07 |
| FY2020 | $3.71B | $671.5M | $0.73 |
| FY2019 | $2.01B | $246.1M | $5.97 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About American Equity Investment Life Holding Co
American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products in the United States. The company issues fixed index and rate annuities, as well as single premium immediate annuities. It markets its products through independent agents, including independent marketing organizations, broker/dealers, banks, and registered investment advisors. The company was incorporated in 1995 and is based in West Des Moines, Iowa.
American Equity Investment Life Holding stock FAQ
What happened to American Equity Investment Life Holding stock?
American Equity Investment Life Holding was acquired by Brookfield Reinsurance (BNT) on May 2, 2024. Shareholders received $56.50 in cash for each share. AEL stock stopped trading on the NYSE, with a final close of $56.47 on May 2, 2024.
What did American Equity Investment Life Holding shareholders receive?
Each AEL share was converted into $56.50 in cash. The deal was valued at about $4.3 billion.
Is AEL stock still trading?
No. AEL was delisted from the NYSE on May 2, 2024 and no longer trades on a U.S. exchange.
What was the last price of AEL stock?
AEL closed at $56.47 on its final trading day, May 2, 2024, for a market value of about $4.49B.
What were American Equity Investment Life Holding's revenue and earnings in its last full fiscal year?
American Equity Investment Life Holding reported revenue of $1.69B and net income of $210.5M in fiscal 2023, its last full year as a public company.
When did American Equity Investment Life Holding go public?
American Equity Investment Life Holding Co stock began trading on December 4, 2003.