American National Group
Market Cap
US$1.9b
Last Updated
2020/10/20 00:49 UTC
Data Sources
Company Financials
Executive Summary
American National Group, Inc. provides life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products in the United States, the District of Columbia, and Puerto Rico. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued established dividend payer.
Similar Companies
Share Price & News
How has American National Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ANAT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-3.0%
ANAT
-2.5%
US Insurance
-2.4%
US Market
1 Year Return
-41.0%
ANAT
-14.2%
US Insurance
18.2%
US Market
Return vs Industry: ANAT underperformed the US Insurance industry which returned -13.5% over the past year.
Return vs Market: ANAT underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| ANAT | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.0% | -2.5% | -2.4% |
| 30 Day | -2.5% | 0.2% | 4.2% |
| 90 Day | -4.8% | -1.7% | 6.3% |
| 1 Year | -38.8%-41.0% | -11.8%-14.2% | 20.9%18.2% |
| 3 Year | -37.3%-42.7% | -1.6%-8.7% | 41.2%31.8% |
| 5 Year | -22.5%-33.0% | 36.6%19.4% | 84.8%63.9% |
Price Volatility Vs. Market
How volatile is American National Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does American National Group's (NASDAQ:ANAT) CEO Salary Compare Well With The Performance Of The Company?4 weeks ago | Simply Wall St
American National Group's (NASDAQ:ANAT) Shareholders Are Down 43% On Their Shares1 month ago | Simply Wall St
It Might Not Be A Great Idea To Buy American National Group, Inc. (NASDAQ:ANAT) For Its Next DividendValuation
Is American National Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ANAT ($68.92) is trading below our estimate of fair value ($217.63)
Significantly Below Fair Value: ANAT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ANAT is good value based on its PE Ratio (13.1x) compared to the US Insurance industry average (14.7x).
PE vs Market: ANAT is good value based on its PE Ratio (13.1x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ANAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ANAT is good value based on its PB Ratio (0.3x) compared to the US Insurance industry average (0.9x).
Next Steps
Future Growth
How is American National Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.6%
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as American National Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether American National Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Insurance industry.
Past Performance
How has American National Group performed over the past 5 years?
14.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANAT has high quality earnings.
Growing Profit Margin: ANAT's current net profit margins (4.3%) are lower than last year (10.9%).
Past Earnings Growth Analysis
Earnings Trend: ANAT's earnings have grown by 14% per year over the past 5 years.
Accelerating Growth: ANAT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ANAT had negative earnings growth (-64.5%) over the past year, making it difficult to compare to the Insurance industry average (-3.3%).
Return on Equity
High ROE: ANAT's Return on Equity (2.8%) is considered low.
Next Steps
Financial Health
How is American National Group's financial position?
Financial Position Analysis
Short Term Liabilities: ANAT's short term assets ($1.8B) do not cover its short term liabilities ($3.1B).
Long Term Liabilities: ANAT's short term assets ($1.8B) do not cover its long term liabilities ($19.2B).
Debt to Equity History and Analysis
Debt Level: ANAT's debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: ANAT's debt to equity ratio has reduced from 2.6% to 2.5% over the past 5 years.
Debt Coverage: ANAT's debt is well covered by operating cash flow (315.6%).
Interest Coverage: Insufficient data to determine if ANAT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is American National Group current dividend yield, its reliability and sustainability?
4.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANAT's dividend (4.76%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: ANAT's dividend (4.76%) is in the top 25% of dividend payers in the US market (4.66%)
Stability and Growth of Payments
Stable Dividend: ANAT's dividends per share have been stable in the past 10 years.
Growing Dividend: ANAT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.2%), ANAT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.5yrs
Average management tenure
CEO
Jim Pozzi (69 yo)
5.42yrs
Tenure
US$7,850,440
Compensation
Mr. James E. Pozzi has been the President of American National Insurance Company (formerly known as American National Group Inc). since May 1, 2012 and has been its Chief Executive Officer since May 1, 201 ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD7.85M) is above average for companies of similar size in the US market ($USD4.44M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.42yrs | US$7.85m | 0.081% $ 1.5m | |
| Executive VP of Multiple Line and P&C Operations | 3.17yrs | US$1.32m | 0.026% $ 480.0k | |
| Executive VP | 8.75yrs | US$1.05m | 0.013% $ 249.0k | |
| Executive Vice President of Independent Marketing Group | 21.75yrs | US$2.06m | 0.0067% $ 123.6k | |
| Executive Vice President of Career Sales & Service Division | 11.5yrs | US$1.07m | 0.015% $ 282.9k | |
| Senior VP & Chief Securities Investment Officer | 2.75yrs | no data | no data | |
| Senior VP of Corporate Relations & Chief Corporate Compliance Officer | 14.75yrs | no data | no data | |
| Assistant Vice President of Human Resources | 22.58yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 14.75yrs | no data | no data | |
| Senior VP & Chief Innovation Officer | 14.75yrs | no data | no data | |
| Senior Vice President of Life Claims & Customer Contact Center | no data | no data | no data | |
| Senior Vice President of Application Development & Support | 6yrs | no data | no data |
11.5yrs
Average Tenure
63yo
Average Age
Experienced Management: ANAT's management team is seasoned and experienced (11.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.42yrs | US$7.85m | 0.081% $ 1.5m | |
| Chairman of the Board | 3.5yrs | US$158.14k | 0.010% $ 192.3k | |
| Independent Director | 5.67yrs | US$215.52k | 0.0044% $ 81.9k | |
| Director | 2.25yrs | US$187.60k | 0.072% $ 1.3m | |
| Advisory Director | 16.75yrs | US$151.89k | 0.033% $ 603.1k | |
| Independent Director | 2.25yrs | US$176.21k | 0.077% $ 1.4m | |
| Director | 33.5yrs | US$261.28k | 0.012% $ 219.7k | |
| Advisory Director | 4.75yrs | US$210.62k | 0.024% $ 452.2k | |
| Independent Director | 16.5yrs | US$231.28k | 0.024% $ 435.9k | |
| Independent Director | 6.5yrs | US$218.76k | 0.0086% $ 158.6k | |
| Independent Director | 19.75yrs | US$253.37k | 0.049% $ 913.2k | |
| Independent Director | 5.67yrs | US$186.23k | 0.30% $ 5.6m |
6.1yrs
Average Tenure
71yo
Average Age
Experienced Board: ANAT's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
American National Group, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: American National Group, Inc.
- Ticker: ANAT
- Exchange: NasdaqGS
- Founded: 1905
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$1.852b
- Shares outstanding: 26.88m
- Website: https://www.americannational.com
Number of Employees
Location
- American National Group, Inc.
- One Moody Plaza
- Galveston
- Texas
- 77550-7999
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ANAT | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 1969 |
| AHK | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
Biography
American National Group, Inc. provides life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products in the United States, the District of Columbia, a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/20 00:49 |
| End of Day Share Price | 2020/10/19 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.