
American Financial Group, Inc. (NYSE:AFG – Free Report) – DOWLING & PARTN issued their FY2026 earnings per share estimates for American Financial Group in a note issued to investors on Tuesday, September 29th. DOWLING & PARTN analyst J. Christiana anticipates that the insurance provider will post earnings per share of $12.75 for the year. The consensus estimate for American Financial Group’s current full-year earnings is $12.17 per share. DOWLING & PARTN also issued estimates for American Financial Group’s FY2027 earnings at $12.50 EPS and FY2028 earnings at $13.00 EPS.
AFG has been the topic of a number of other reports. Weiss Ratings raised American Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Keefe, Bruyette & Woods boosted their target price on American Financial Group from $148.00 to $153.00 and gave the stock a “market perform” rating in a report on Tuesday, August 11th. Wells Fargo & Company lifted their price target on American Financial Group from $158.00 to $173.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Piper Sandler upped their price target on shares of American Financial Group from $140.00 to $156.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, Wall Street Zen downgraded shares of American Financial Group from a “buy” rating to a “hold” rating in a research report on Saturday, September 12th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $156.00.
American Financial Group Price Performance
Shares of AFG stock opened at $138.09 on Friday. The business’s fifty day moving average is $142.71 and its 200 day moving average is $136.79. The stock has a market cap of $11.45 billion, a price-to-earnings ratio of 12.07 and a beta of 0.59. 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 has a twelve month low of $123.09 and a twelve month high of $150.02.
American Financial Group (NYSE:AFG – Get Free Report) last issued its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.50. American Financial Group had a net margin of 11.51% and a return on equity of 20.35%. The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter last year, the business earned $2.14 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis.
Institutional Trading of American Financial Group
A number of institutional investors and hedge funds have recently bought and sold shares of AFG. BlackRock Inc. bought a new position in shares of American Financial Group during the 2nd quarter valued at about $1,079,329,000. Dimensional Fund Advisors LP boosted its stake in American Financial Group by 19.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,506,510 shares of the insurance provider’s stock valued at $192,395,000 after buying an additional 240,509 shares during the last quarter. Norges Bank bought a new position in American Financial Group during the fourth quarter valued at approximately $114,661,000. Bank of New York Mellon Corp bought a new stake in American Financial Group in the 2nd quarter worth approximately $102,590,000. Finally, Boston Trust Walden Corp raised its holdings in shares of American Financial Group by 11.9% during the 1st quarter. Boston Trust Walden Corp now owns 525,691 shares of the insurance provider’s stock worth $67,136,000 after acquiring an additional 56,046 shares in the last quarter. 64.37% of the stock is currently owned by institutional investors.
Insider Buying and Selling at American Financial Group
In other news, CFO Brian S. Hertzman sold 950 shares of the business’s 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. The trade was a 7.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Mark A. Weiss sold 2,813 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was 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 directly owned 6,648 shares of the company’s stock, valued at $962,364.48. This represents a 29.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 16.90% of the company’s stock.
American Financial Group Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Stockholders of record on Thursday, October 15th will be paid a $0.97 dividend. This is an increase from American Financial Group’s previous quarterly dividend of $0.88. The ex-dividend date is Thursday, October 15th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 2.8%. American Financial Group’s dividend payout ratio (DPR) is 30.77%.
About American Financial Group
American Financial Group, Inc is an insurance holding company headquartered in Cincinnati, Ohio. Through its Great American Insurance Group businesses, the company primarily provides property and casualty insurance products, with an emphasis on specialty commercial markets that require specialized underwriting expertise.
Its insurance offerings include coverage for commercial transportation, agriculture, workers’ compensation, excess and surplus risks, environmental exposures, inland marine, and other niche industries.
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