American Financial Group (AFG) to Release Quarterly Earnings on Tuesday

American Financial Group (NYSE:AFG) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, November 5th. Analysts expect the company to announce earnings of $2.51 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

American Financial Group (NYSE:AFG) last posted its quarterly earnings results on Tuesday, August 6th. The insurance provider reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.45 by $0.11. The company had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.72 billion. American Financial Group had a net margin of 11.06% and a return on equity of 21.16%. The company’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.38 earnings per share. On average, analysts expect American Financial Group to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

American Financial Group Trading Down 0.9 %

NYSE:AFG opened at $127.71 on Friday. American Financial Group has a 1 year low of $106.62 and a 1 year high of $138.81. The company has a market cap of $10.71 billion, a P/E ratio of 12.05 and a beta of 0.79. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.46 and a quick ratio of 0.46. The stock’s fifty day moving average price is $134.09 and its two-hundred day moving average price is $129.69.

American Financial Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Tuesday, October 15th were paid a $0.80 dividend. This represents a $3.20 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Tuesday, October 15th. This is a boost from American Financial Group’s previous quarterly dividend of $0.71. American Financial Group’s payout ratio is currently 30.19%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their price objective on American Financial Group from $132.00 to $135.00 and gave the stock a “market perform” rating in a report on Tuesday, October 8th.

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.