Zacks Research Issues Pessimistic Forecast for AFG Earnings

American Financial Group, Inc. (NYSE:AFG) – Stock analysts at Zacks Research dropped their FY2024 EPS estimates for American Financial Group in a note issued to investors on Tuesday, November 19th. Zacks Research analyst T. De now forecasts that the insurance provider will earn $10.82 per share for the year, down from their prior estimate of $10.92. The consensus estimate for American Financial Group’s current full-year earnings is $10.88 per share. Zacks Research also issued estimates for American Financial Group’s Q3 2025 earnings at $2.70 EPS and Q3 2026 earnings at $2.90 EPS.

A number of other equities research analysts have also recently commented on the stock. BMO Capital Markets increased their price target on shares of American Financial Group from $135.00 to $143.00 and gave the company a “market perform” rating in a report on Friday, November 15th. Piper Sandler increased their price target on shares of American Financial Group from $135.00 to $150.00 and gave the company a “neutral” rating in a report on Tuesday, November 12th.

American Financial Group Trading Up 2.1 %

NYSE:AFG opened at $143.69 on Thursday. The company’s 50 day moving average price is $135.23 and its 200-day moving average price is $130.61. American Financial Group has a 52 week low of $110.43 and a 52 week high of $144.81. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.31. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 13.31 and a beta of 0.79.

American Financial Group (NYSE:AFG) last posted its quarterly earnings results on Tuesday, November 5th. The insurance provider reported $2.31 EPS for the quarter, missing analysts’ consensus estimates of $2.51 by ($0.20). American Financial Group had a net margin of 10.84% and a return on equity of 19.97%. The firm had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the previous year, the company earned $2.45 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year.

American Financial Group Increases Dividend

The business also recently disclosed a None dividend, which will be paid on Tuesday, November 26th. Investors of record on Friday, November 15th will be given a dividend of $4.00 per share. This is an increase from American Financial Group’s previous None dividend of $1.00. The ex-dividend date of this dividend is Friday, November 15th. American Financial Group’s dividend payout ratio is 29.99%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank raised its position in American Financial Group by 29.5% in the third quarter. Toronto Dominion Bank now owns 9,411 shares of the insurance provider’s stock worth $1,267,000 after acquiring an additional 2,144 shares during the period. Geode Capital Management LLC raised its position in American Financial Group by 10.2% in the third quarter. Geode Capital Management LLC now owns 1,553,207 shares of the insurance provider’s stock worth $208,699,000 after acquiring an additional 143,820 shares during the period. Barclays PLC raised its position in American Financial Group by 11.0% in the third quarter. Barclays PLC now owns 63,333 shares of the insurance provider’s stock worth $8,528,000 after acquiring an additional 6,272 shares during the period. Nomura Asset Management Co. Ltd. raised its position in American Financial Group by 7.6% in the third quarter. Nomura Asset Management Co. Ltd. now owns 35,248 shares of the insurance provider’s stock worth $4,744,000 after acquiring an additional 2,500 shares during the period. Finally, MML Investors Services LLC raised its position in American Financial Group by 3.5% in the third quarter. MML Investors Services LLC now owns 3,400 shares of the insurance provider’s stock worth $458,000 after acquiring an additional 116 shares during the period. Institutional investors own 64.37% of the company’s stock.

American Financial Group Company Profile

American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers’ compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance.