Zacks Research Issues Optimistic Outlook for AFG Earnings

American Financial Group, Inc. (NYSE:AFG) – Equities researchers at Zacks Research lifted their Q3 2026 EPS estimates for American Financial Group in a research note issued to investors on Friday, September 18th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $3.12 for the quarter, up from their previous estimate of $3.11. The consensus estimate for American Financial Group’s current full-year earnings is $12.17 per share. Zacks Research also issued estimates for American Financial Group’s FY2026 earnings at $11.74 EPS, Q3 2027 earnings at $2.67 EPS, Q1 2028 earnings at $3.05 EPS, Q2 2028 earnings at $3.02 EPS and FY2028 earnings at $12.03 EPS.

Several other research firms have also weighed in on AFG. Weiss Ratings raised American Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Piper Sandler raised their price target on shares of American Financial Group from $140.00 to $156.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Wall Street Zen lowered shares of American Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. Keefe, Bruyette & Woods increased their price objective on shares of American Financial Group from $148.00 to $153.00 and gave the company a “market perform” rating in a research note on Tuesday, August 11th. Finally, Wells Fargo & Company boosted their target price on shares of American Financial Group from $158.00 to $173.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $156.00.

American Financial Group Trading Down 0.6%

AFG opened at $141.45 on Monday. The company has a 50-day simple moving average of $143.06 and a 200 day simple moving average of $136.28. The stock has a market capitalization of $11.73 billion, a price-to-earnings ratio of 12.36 and a beta of 0.60. American Financial Group has a twelve month low of $123.09 and a twelve month high of $150.02. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.38.

American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Tuesday, August 4th. The insurance provider reported $2.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.50. The business had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $1.85 billion. American Financial Group had a return on equity of 20.35% and a net margin of 11.51%.The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.14 earnings per share.

Institutional Trading of American Financial Group

Several large investors have recently made changes to their positions in AFG. Cassaday & Co Wealth Management LLC bought a new position in American Financial Group in the first quarter worth approximately $26,000. Global Retirement Partners LLC acquired a new stake in American Financial Group in the second quarter valued at approximately $32,000. Clearstead Advisors LLC increased its holdings in shares of American Financial Group by 87.7% during the fourth quarter. Clearstead Advisors LLC now owns 259 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 121 shares in the last quarter. Keating Financial Advisory Services Inc. acquired a new position in shares of American Financial Group during the second quarter worth approximately $42,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of American Financial Group during the second quarter worth approximately $46,000. 64.37% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Mark Weiss sold 2,813 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $144.76, for a total transaction of $407,209.88. Following the completion of the sale, the vice president owned 6,648 shares of the company’s stock, valued at $962,364.48. This trade represents a 29.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Brian Hertzman sold 950 shares of American Financial Group stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $142.87, for a total transaction of $135,726.50. Following the completion of the sale, the chief financial officer owned 11,123 shares of the company’s stock, valued at $1,589,143.01. This represents a 7.87% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 6,010 shares of company stock worth $855,269. Corporate insiders own 16.90% of the company’s stock.

American Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Shareholders of record on Wednesday, July 15th were paid a $0.88 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $3.52 annualized dividend and a yield of 2.5%. American Financial Group’s payout ratio is 30.77%.

American Financial Group Company Profile

American Financial Group, Inc (NYSE:AFG) is an insurance holding company headquartered in Cincinnati, Ohio. Through its Great American Insurance Group subsidiaries, the company primarily underwrites specialty property and casualty insurance and sells annuity products.

Its property and casualty operations serve businesses, organizations and individuals through specialized products that include commercial transportation, agricultural and crop insurance, workers’ compensation, casualty coverage, financial institution insurance, surety and fidelity bonds, marine insurance, travel insurance and public-sector coverage.