American Financial Group, Inc. (NYSE:AFG – Free Report) – Analysts at Zacks Research raised their Q3 2027 earnings estimates for shares of American Financial Group in a report issued on Wednesday, May 13th. Zacks Research analyst Team now expects that the insurance provider will post earnings per share of $2.73 for the quarter, up from their previous estimate of $2.34. The consensus estimate for American Financial Group’s current full-year earnings is $11.21 per share. Zacks Research also issued estimates for American Financial Group’s Q4 2027 earnings at $3.74 EPS and Q1 2028 earnings at $2.78 EPS.
Several other brokerages have also recently commented on AFG. Piper Sandler raised their target price on shares of American Financial Group from $129.00 to $135.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Weiss Ratings upgraded shares of American Financial Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 16th. Keefe, Bruyette & Woods increased their target price on American Financial Group from $134.00 to $140.00 and gave the company a “market perform” rating in a report on Wednesday, March 25th. Finally, Wells Fargo & Company raised their target price on American Financial Group from $155.00 to $158.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $143.75.
American Financial Group Stock Performance
Shares of NYSE AFG opened at $136.29 on Monday. The stock’s fifty day simple moving average is $130.09 and its 200 day simple moving average is $132.50. The stock has a market capitalization of $11.32 billion, a price-to-earnings ratio of 12.96 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.39. American Financial Group has a 52-week low of $120.52 and a 52-week high of $150.02.
American Financial Group (NYSE:AFG – Get Free Report) last released its earnings results on Thursday, April 30th. The insurance provider reported $2.47 EPS for the quarter, missing the consensus estimate of $2.54 by ($0.07). The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.70 billion. American Financial Group had a net margin of 10.76% and a return on equity of 19.50%. The firm’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company earned $1.81 earnings per share.
American Financial Group Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Wednesday, April 15th were paid a $0.88 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $3.52 dividend on an annualized basis and a yield of 2.6%. American Financial Group’s payout ratio is 33.46%.
Insider Transactions at American Financial Group
In other American Financial Group news, CFO Brian S. Hertzman sold 1,663 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $133.70, for a total value of $222,343.10. Following the completion of the sale, the chief financial officer directly owned 12,073 shares of the company’s stock, valued at $1,614,160.10. The trade was a 12.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 16.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On American Financial Group
A number of large investors have recently bought and sold shares of the business. Cassaday & Co Wealth Management LLC bought a new position in shares of American Financial Group in the 1st quarter valued at approximately $26,000. Global Retirement Partners LLC boosted its holdings in shares of American Financial Group by 904.8% during the 4th quarter. Global Retirement Partners LLC now owns 211 shares of the insurance provider’s stock worth $29,000 after buying an additional 190 shares during the period. Root Financial Partners LLC acquired a new position in American Financial Group in the 3rd quarter valued at $34,000. Clearstead Advisors LLC raised its holdings in American Financial Group by 87.7% in the 4th quarter. Clearstead Advisors LLC now owns 259 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 121 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in American Financial Group by 165.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 273 shares of the insurance provider’s stock worth $39,000 after acquiring an additional 170 shares during the last quarter. 64.37% of the stock is currently owned by institutional investors.
American Financial Group Company Profile
American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.
The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.
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