What is Zacks Research’s Estimate for AFG Q4 Earnings?

American Financial Group, Inc. (NYSE:AFG) – Investment analysts at Zacks Research decreased their Q4 2027 EPS estimates for American Financial Group in a research note issued to investors on Friday, June 19th. Zacks Research analyst Team now forecasts that the insurance provider will earn $3.75 per share for the quarter, down from their prior estimate of $3.76. The consensus estimate for American Financial Group’s current full-year earnings is $11.37 per share.

AFG has been the topic of a number of other research reports. Wells Fargo & Company increased their price objective on American Financial Group from $155.00 to $158.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Keefe, Bruyette & Woods boosted their target price on American Financial Group from $134.00 to $140.00 and gave the stock a “market perform” rating in a report on Wednesday, March 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of American Financial Group in a research report on Thursday, June 11th. Finally, Piper Sandler upped their target price on American Financial Group from $135.00 to $140.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, American Financial Group currently has a consensus rating of “Hold” and an average price target of $145.00.

American Financial Group Price Performance

Shares of NYSE:AFG opened at $136.98 on Wednesday. The stock has a market capitalization of $11.38 billion, a P/E ratio of 13.02 and a beta of 0.64. The business has a 50-day moving average of $132.48 and a two-hundred day moving average of $131.76. American Financial Group has a fifty-two week low of $122.11 and a fifty-two week high of $150.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.48 and a quick ratio of 0.48.

American Financial Group (NYSE:AFG) last posted 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). American Financial Group had a return on equity of 19.50% and a net margin of 10.76%.The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.70 billion. During the same period in the previous year, the company earned $1.81 earnings per share. The company’s quarterly revenue was down .1% compared to the same quarter last year.

Institutional Investors Weigh In On American Financial Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Cassaday & Co Wealth Management LLC bought a new position in shares of American Financial Group in the first quarter worth about $26,000. Global Retirement Partners LLC boosted its stake in American Financial Group by 904.8% during the 4th quarter. Global Retirement Partners LLC now owns 211 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 190 shares during the period. Clearstead Advisors LLC boosted its stake in American Financial Group by 87.7% during the 4th quarter. Clearstead Advisors LLC now owns 259 shares of the insurance provider’s stock valued at $35,000 after purchasing an additional 121 shares during the period. Aster Capital Management DIFC Ltd bought a new stake in American Financial Group during the 3rd quarter valued at approximately $44,000. Finally, Los Angeles Capital Management LLC acquired a new stake in American Financial Group in the 4th quarter valued at approximately $45,000. 64.37% of the stock is owned by institutional investors and hedge funds.

American Financial Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Wednesday, April 15th were issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Wednesday, April 15th. American Financial Group’s dividend payout ratio is 33.46%.

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.