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Aegon N.V. (AGN.AS)

Amsterdam - Amsterdam Delayed Price. Currency in EUR
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4.2440-0.0440 (-1.03%)
At close: 05:35PM CEST

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  • D
    David
    I hope the buy back plan will boost Aegon stock price.
  • D
    David
    Aegon on a free fall again.
  • D
    David
    Aegon shined for one day.
  • D
    David
    Why the drop in stock price if they are repurchasing the shares?
  • i
    iscius
    Trading at 9 PE. Tesla among others trading at 1600PE. I can't wait for making money to come back into fashion.

    Dec 10, 2020MT Newswires
    Aegon Targets 13% Cost Cuts to Lower Debt by 2023; Seeks to Grow Dividend
    Aegon (AEG), a Dutch financial services company, said Thursday it plans to lower gross financial leverage to a range of EUR5 billion to EUR5.5 from 6.6 billion euro by implementing an expense savings program of EUR400 million, or 13%, by 2023.

    The company also said it plans to reach free cash flows of EUR1.4 to 1.6 billion by 2023, and grow dividend per share to around EUR0.25 per share from EUR0.15 seen in 2019.

    The company said going forward, it plans to focus on three core markets, the US, the Netherlands, and the UK, and three growth markets, Spain and Portugal, China, and Brazil, and one global asset manager.

    The company said it plans to reduce expenses by EUR 400 million in 2023 compared with 2019, or around 13% of the addressable expense base. Of this saving, EUR 150 million will be reinvested in growth, the company said.

    Price: 3.7000, Change: -0.10, Percent Change: -2.63
  • a
    avi
    I know this company has had it's share of issues including mismanagement. However, i think they are now headed in the right direction with new CEO. This stock is trading at about 20% of it's book value.
  • D
    David
    For a large company AEG stock price should be much higher.
  • R
    RJ
    a company with earnings, low pe, decent divy, share buyback should equal decent investment
  • M
    Mothra
    On June 30,2021, AEG had revenue generating Investments pegged at 969M euros or $1.137T!
    for comparison their revenue generating investments on 3/31/2020 was 818M euros.......I like the stock better after review the financial supplement to 2Q2021. They have those separate in pdf form at their site.
  • I
    InfoTechCloud
    Why such a good stock is keeping on going down, when will this one turn around towards 5-6 range where it use to be.....
  • H
    H
    Looking for a sustained move above $5 per share. Old priced products requiring mortality adjustments have been priced in over the years for large losses, so a sustained move above $5 could bring in buyers not allowed to invest in "penny" stocks.
  • i
    iscius
    This is a funny stock. For a euro based insurance company their debt load is quite low. Their P/E ratio is under 5, they posted not a shocking quarter. It wasn't great, but it was only down 6% from previous year. So why is it trading so low? It seems to be a sector bias, because EQH for example also seems criminally undervalued.
  • M
    Mothra
    I don't guess we apply that 842M euros to earnings since that would means eps= $0.47/shr......I think you have to use the 562M euros bringing earnings to $0.33/shr which seems huge to me, and that means that this stock can go above $10 if they do that Consistently.
  • H
    H
    Pricing on interest rate increases and full year improvement. Need good guidance on Feb 9 as well as about 500MM top & bottom for Dec quarter. I’m hopeful to eventually be back to $8-$9.
  • d
    dick
    This company has had the last few years to get their profit ratios in line------and the last quarter failed miserably. If it wasn't for tax changes in the US this company would have fallen $2/share today. Leadership is nonexistant; anbd the increase in dividend is irresponsible. I just sold my 2500 shares; and took a material loss. This stock will not go up.
  • M
    Mothra
    I went to their site and found out they Started buying 50M Euros worth of shares because of obligations related to share-based compensation for senior management for 2021-2022...........The release has this statement "The common shares will be repurchased at a maximum of the average of the daily volume-weighted average prices during the repurchase period.".......I don't know why they have the word Maximum in there? The average price is never the maximum since it's close to the Median Price. Median is middle.
  • W
    Wouter
    Will the price go up even more?
  • i
    iscius
    In december there is a conference call. I'm guessing AEG will be $6 by June 2021. They will resume divi from previously and continue to confound everyone by trading at $3x EPS
  • M
    Mothra
    AEG has $1.137T under management while Prudential (PRU) has $2.1T........They are very similar so the ceo needs to copy Prudential Costs........He needs to get rid of that Issuing shares for dividends and Buying those shares back. That has to be costing money. I would Stop that today.
    The administration of AEG costs nearly as much as 22K employees and their benefits. That is way too much money on Administration.
  • D
    Dan
    First you need to understand the financials of Life Insurance Companies, they would get bailed out or bought before they go bankrupt.

    Second, this company grows its SalesForce in this type of market.

    Third, the new retirement act puts Annuities in 401ks, what do you think that will do the the performance of this company?