Athene Holding Ltd. (ATHLL)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Athene Holding Ltd. (ATHLL) trades at $25.16 with AI Score 51/100 (Grade B). Athene Holding Ltd. is a retirement services company that issues, reinsures, and acquires retirement savings products. Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for ATHLL: ATHLL does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ATHLL against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
ATHLL: 2/7 perspectives are bullish. Dominant signal: Ken Griffin bearish.
How is this calculated? →Athene Holding Ltd. (ATHLL) Financial Services Profile
Athene Holding Ltd., based in Bermuda, provides retirement savings products and reinsurance services across the United States, Bermuda, and Canada. Specializing in annuity solutions, the company serves individuals, professionals, and institutions, distinguishing itself through funding agreements and pension risk transfer transactions in the competitive life insurance sector.
What Is the Investment Thesis for ATHLL?
Athene Holding Ltd. presents a compelling case for investment due to its focus on the expanding retirement services market. With a P/E ratio of 51.9 and a profit margin of 10.6%, the company demonstrates solid financial performance. Growth catalysts include the increasing demand for retirement income solutions and strategic reinsurance activities. The company's ability to generate consistent profits and manage risk effectively are key value drivers. However, potential risks include regulatory changes in the insurance industry and fluctuations in interest rates, which could impact profitability. The company's OTC market listing introduces additional liquidity and transparency considerations.
Based on FMP financials and quantitative analysis
ATHLL Key Highlights
- Athene Holding Ltd. operates with a profit margin of 10.6%, indicating efficient operations and profitability within the financial services sector.
- The company's P/E ratio stands at 51.9, suggesting that the stock may be undervalued compared to its earnings.
- Athene Holding Ltd. specializes in annuity retirement solutions, positioning it to capitalize on the growing demand for retirement income products.
- The company's reinsurance activities contribute to revenue diversification and risk management.
- Athene Holding Ltd. is headquartered in Hamilton, Bermuda, allowing for certain tax advantages and regulatory flexibility.
Who Are ATHLL's Competitors?
ATHLL is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| PUK Prudential plc | $28.07 | +1.87% | $35.02B | 67 |
| JXN-PA Jackson Financial Inc. | $25.40 | +0.19% | $7.30B | 64 |
| AEL American Equity Investment Life Holding Company | $56.47 | +0.55% | $4.49B | 64 |
| AAIGF AIA Group Limited | $9.42 | +3.63% | $97.07B | 63 |
| GWGH GWG Holdings, Inc. | $2.89 | +0.00% | 51 | |
| ABX Abacus Global Management, Inc. | $12.00 | +1.18% | $1.15B | 51 |
| SLLDY Sanlam Limited | $11.35 | +3.46% | $11.85B | 52 |
| DCYHF Discovery Limited | $7.00 | -23.91% | $4.68B | 52 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ATHLL's Key Strengths?
- Established presence in the retirement services market.
- Diverse product portfolio including annuities and reinsurance.
- Experienced management team.
- Strong capital position.
What Are ATHLL's Weaknesses?
- Reliance on interest rates for profitability.
- Exposure to regulatory changes in the insurance industry.
- Limited geographic diversification.
- OTC market listing may impact liquidity.
What Could Drive ATHLL Stock Higher?
- Increasing demand for retirement income solutions due to an aging population.
- Strategic reinsurance transactions to diversify risk and enhance profitability.
- Potential for new partnerships and acquisitions to expand market reach.
- Technological advancements to improve customer experience and operational efficiency.
What Are the Key Risks for ATHLL?
- Rich valuation — a P/E of 51.9 runs well above the Financial Services sector’s ~18x, leaving little room for a miss.
- Fluctuations in interest rates impacting profitability.
- Changes in regulatory requirements for the insurance industry.
- Increased competition from other insurance companies.
- OTC market listing may result in lower liquidity and price volatility.
- Economic downturn impacting demand for retirement products.
What Are the Growth Opportunities for ATHLL?
- Expansion of Annuity Offerings: Athene can expand its annuity product line to cater to a wider range of customer needs and preferences. The global annuity market is projected to reach $3.8 trillion by 2028, offering significant growth potential. By introducing innovative annuity products with features like inflation protection and long-term care riders, Athene can attract new customers and increase market share. Timeline: Ongoing.
- Strategic Reinsurance Transactions: Athene can pursue strategic reinsurance transactions to diversify its risk profile and enhance profitability. The reinsurance market is estimated at $300 billion annually. By reinsuring specific risks from other insurance companies, Athene can generate additional revenue streams and optimize its capital allocation. This strategy allows Athene to leverage its expertise in risk management and pricing. Timeline: Ongoing.
- Pension Risk Transfer (PRT) Growth: The pension risk transfer market presents a substantial growth opportunity for Athene. As companies seek to offload their pension liabilities, the demand for PRT solutions is increasing. The PRT market is projected to reach $50 billion by 2027. Athene can capitalize on this trend by offering competitive PRT solutions and building strong relationships with corporate clients. Timeline: Ongoing.
- Geographic Expansion: Athene can expand its operations into new geographic markets to diversify its revenue streams and reduce its reliance on the United States, Bermuda, and Canada. Emerging markets in Asia and Latin America offer significant growth potential for retirement savings products. By establishing partnerships with local distributors and tailoring its products to meet the specific needs of these markets, Athene can tap into new sources of growth. Timeline: 3-5 years.
- Technological Innovation: Investing in technology to enhance customer experience and operational efficiency represents a significant growth opportunity. The adoption of digital platforms and data analytics can improve customer engagement, streamline processes, and reduce costs. By leveraging technology, Athene can differentiate itself from competitors and enhance its competitive advantage. Timeline: Ongoing.
What Opportunities Does ATHLL Have?
- Expansion into new geographic markets.
- Growth in the pension risk transfer market.
- Development of innovative annuity products.
- Strategic acquisitions to enhance market share.
What Threats Does ATHLL Face?
- Increased competition from other insurance companies.
- Fluctuations in interest rates.
- Changes in regulatory requirements.
- Economic downturn impacting demand for retirement products.
What Are ATHLL's Competitive Advantages?
- Established market presence in the retirement services industry.
- Expertise in risk management and pricing of annuity products.
- Strong relationships with distribution partners.
- Efficient capital management and investment strategies.
What Does ATHLL Do?
Athene Holding Ltd., established in 2008 and headquartered in Hamilton, Bermuda, operates as a retirement services company. It focuses on issuing, reinsuring, and acquiring retirement savings products for a diverse clientele, including individuals, professionals, and institutions across the United States, Bermuda, and Canada. The company's core business revolves around providing annuity retirement solutions to its policyholders. These solutions encompass a range of products, including multi-year guaranteed annuities, fixed indexed annuities, traditional one-year guarantee fixed deferred annuities, and immediate annuities. Athene also engages in reinsurance activities, reinsuring various annuity products. Beyond traditional annuity offerings, Athene provides funding agreements, pension risk transfer transactions, and group annuities. These offerings cater to institutional clients seeking comprehensive retirement solutions. The company's strategic focus on retirement savings products and reinsurance positions it as a key player in the financial services sector, particularly within the life insurance segment. Athene's growth strategy involves both organic expansion and strategic acquisitions to enhance its market presence and product portfolio.
What Products and Services Does ATHLL Offer?
- Issues annuity retirement solutions to policyholders.
- Reinsures multi-year guaranteed annuities.
- Offers fixed indexed annuities.
- Provides traditional one-year guarantee fixed deferred annuities.
- Offers immediate annuities.
- Provides funding agreements.
- Engages in pension risk transfer transactions.
- Offers group annuities.
How Does ATHLL Make Money?
- Generates revenue through premiums from annuity products.
- Earns investment income from managing its asset portfolio.
- Profits from reinsurance activities by assuming risks from other insurers.
- Charges fees for providing funding agreements and pension risk transfer services.
What Industry Does ATHLL Operate In?
Athene Holding Ltd. operates within the life insurance industry, which is characterized by increasing demand for retirement income solutions driven by an aging population. The market is competitive, with established players and new entrants vying for market share. Trends include the growing popularity of fixed indexed annuities and pension risk transfer transactions. Athene's focus on these areas positions it well to capitalize on these trends. The industry faces regulatory scrutiny and is subject to interest rate risk, which can impact profitability.
Who Are ATHLL's Key Customers?
- Individual retirement savers seeking annuity products.
- Professionals and institutions looking for retirement solutions.
- Insurance companies seeking reinsurance services.
- Corporations looking to transfer pension risk.
Athene Holding Ltd. (ATHLL) Valuation Context
Relative to its peer group, ATHLL's quantitative score of 51/100 is below the peer average of 62/100.
ATHLL Revenue & Earnings Trend
In Q1 2026, ATHLL generated $3.67B in top-line revenue, marking a sequential decrease of 54.9%. Quarter-over-quarter revenue has been mixed, typical for a unknown company operating in Financial Services.
Company Profile
Athene Holding Ltd. operates in the Insurance - Life industry within the Financial Services sector. It is headquartered in Hamilton, BM. The company is led by CEO James Richard Belardi. ATHLL has traded publicly since 2022.
ROE 0%Key Financial Metrics
Return on equity for Athene Holding Ltd. stands at 0.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.1%, showing how much profit it generates from its asset base. ATHLL trades at a trailing price-to-earnings ratio of 51.86, above the Financial Services sector average of ~18x. Its free cash flow yield is 2.4%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 1.9%, the inverse of the P/E and a quick read on earnings relative to price.
Net buyingInsider Activity
The most recent 5 insider filings for Athene Holding Ltd. break down as 4 sales and 1 purchases. On net that is roughly 450K shares acquired (about $11.2M) — insiders putting money in tends to read as conviction.
ATHLL Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established presence in the retirement services market.
- Diverse product portfolio including annuities and reinsurance.
- Experienced management team.
- Strong capital position.
Bear Case
- Reliance on interest rates for profitability.
- Exposure to regulatory changes in the insurance industry.
- Limited geographic diversification.
- OTC market listing may impact liquidity.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $3.67B | -$1.94B | — |
| Q4 2025 | $8.13B | $523M | $2.73 |
| Q3 2025 | $8.00B | $1.26B | $6.57 |
| Q2 2025 | $5.36B | $464M | $2.42 |
Based on FMP financials and quantitative analysis
ATHLL Latest News
No recent news available for ATHLL.
ATHLL Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ATHLL.
Price Targets
Wall Street price target analysis for ATHLL.
ATHLL MoonshotScore
What does this score mean?
The MoonshotScore rates ATHLL's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: James Richard Belardi
CEO
James Richard Belardi serves as the CEO of Athene Holding Ltd., managing a workforce of 1403 employees. His career encompasses extensive experience in the financial services and insurance industries. Prior to joining Athene, Belardi held leadership positions at various financial institutions, contributing to his deep understanding of investment strategies and risk management. His expertise spans across annuity products, reinsurance, and pension risk transfer solutions. Belardi's background equips him with the skills necessary to navigate the complexities of the retirement services market.
Track Record: Under James Richard Belardi's leadership, Athene Holding Ltd. has focused on expanding its annuity offerings and strengthening its reinsurance capabilities. Key achievements include strategic acquisitions and partnerships that have enhanced the company's market position. Belardi has overseen the implementation of efficient capital management strategies and the development of innovative retirement solutions. He has also guided the company through regulatory challenges and economic fluctuations, maintaining a focus on long-term growth and profitability.
ATHLL OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Athene Holding Ltd. may not meet the listing requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same level of regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risk and lower liquidity compared to listed exchanges, requiring investors to exercise caution and conduct thorough due diligence.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure compared to listed companies.
- Lower trading volumes and liquidity.
- Potential for price volatility.
- Higher risk of fraud or manipulation.
- Less regulatory oversight.
- Verify the company's financial statements and disclosures.
- Assess the company's management team and track record.
- Evaluate the company's business model and competitive landscape.
- Review the company's regulatory filings and compliance history.
- Monitor trading activity and volume.
- Consult with a financial advisor.
- Understand the risks associated with OTC investing.
- Established business operations in the retirement services industry.
- Experienced management team.
- Focus on annuity products and reinsurance.
- Presence in the United States, Bermuda, and Canada.
- Positive financial performance (profit margin of 10.6%).
Athene Holding Ltd. Financial Services Stock: Key Questions Answered
What does Athene Holding Ltd. do?
Athene Holding Ltd. operates as a retirement services company, focusing on issuing, reinsuring, and acquiring retirement savings products. It provides annuity retirement solutions to policyholders, including multi-year guaranteed annuities, fixed indexed annuities, and immediate annuities. The company also engages in reinsurance activities and offers funding agreements and pension risk transfer transactions, catering to individuals, professionals, and institutions across the United States, Bermuda, and Canada. Athene generates revenue through premiums, investment income, and fees for its services.
What are the main risks for ATHLL?
The main risks for Athene Holding Ltd. include fluctuations in interest rates, which can impact the profitability of its annuity products and investment portfolio. Regulatory changes in the insurance industry could also affect the company's operations and compliance costs. Increased competition from other insurance companies may put pressure on pricing and market share. Additionally, the OTC market listing introduces liquidity and price volatility risks. Economic downturns could reduce demand for retirement products, impacting revenue and earnings.
What are the key factors to evaluate for ATHLL?
Athene Holding Ltd. (ATHLL) holds an AI score of 51/100 (moderate). P/E: 51.9x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does ATHLL data refresh on this page?
ATHLL prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ATHLL's recent stock price performance?
Athene Holding Ltd. (ATHLL) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established presence in the retirement services market. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ATHLL overvalued or undervalued right now?
Athene Holding Ltd. (ATHLL) trades at 51.9x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ATHLL?
Before investing in Athene Holding Ltd. (ATHLL), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding ATHLL to a portfolio?
Key strength of Athene Holding Ltd. (ATHLL): Established presence in the retirement services market. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- AI analysis is pending for ATHLL.