Zacks Research Issues Optimistic Estimate for AFG Earnings

American Financial Group, Inc. (NYSE:AFG) – Equities researchers at Zacks Research upped their Q3 2026 EPS estimates for American Financial Group in a report issued on Friday, July 31st. Zacks Research analyst Team now anticipates that the insurance provider will post earnings per share of $2.75 for the quarter, up from their prior estimate of $2.74. The consensus estimate for American Financial Group’s current full-year earnings is $11.37 per share. Zacks Research also issued estimates for American Financial Group’s Q4 2026 earnings at $3.37 EPS, Q1 2027 earnings at $2.67 EPS, Q3 2027 earnings at $2.81 EPS, Q4 2027 earnings at $3.73 EPS, Q1 2028 earnings at $2.77 EPS and FY2028 earnings at $11.67 EPS.

American Financial Group (NYSE:AFG) last released its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 EPS for the quarter, topping the consensus estimate of $2.32 by $0.50. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.85 billion. American Financial Group had a net margin of 10.76% and a return on equity of 19.50%. American Financial Group’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.14 EPS.

Several other equities analysts have also commented on AFG. Weiss Ratings reiterated a “buy (b-)” rating on shares of American Financial Group in a research note on Thursday, June 11th. Keefe, Bruyette & Woods raised their price target on American Financial Group from $140.00 to $148.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 8th. Piper Sandler lifted their price target on American Financial Group from $135.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company upped their price objective on shares of American Financial Group from $158.00 to $173.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $150.75.

American Financial Group Price Performance

AFG stock opened at $140.58 on Monday. American Financial Group has a 52-week low of $122.88 and a 52-week high of $150.02. The stock’s fifty day simple moving average is $137.67 and its 200-day simple moving average is $133.04. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $11.68 billion, a price-to-earnings ratio of 13.36 and a beta of 0.62.

American Financial Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Wednesday, July 15th were issued a $0.88 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. American Financial Group’s dividend payout ratio (DPR) is presently 33.46%.

Insider Transactions at American Financial Group

In other news, insider David Lawrence Thompson, Jr. sold 11,370 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $135.05, for a total transaction of $1,535,518.50. Following the completion of the sale, the insider owned 584,098 shares in the company, valued at approximately $78,882,434.90. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Michelle A. Gillis sold 2,247 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $139.00, for a total transaction of $312,333.00. Following the sale, the senior vice president directly owned 13,135 shares of the company’s stock, valued at approximately $1,825,765. This trade represents a 14.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of AFG. Royal Bank of Canada increased its position in shares of American Financial Group by 11.1% in the first quarter. Royal Bank of Canada now owns 75,421 shares of the insurance provider’s stock worth $9,905,000 after acquiring an additional 7,554 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in American Financial Group during the 1st quarter worth $2,330,000. Jones Financial Companies Lllp boosted its position in American Financial Group by 145.8% during the 1st quarter. Jones Financial Companies Lllp now owns 1,278 shares of the insurance provider’s stock worth $168,000 after purchasing an additional 758 shares during the period. EverSource Wealth Advisors LLC increased its holdings in American Financial Group by 144.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 793 shares of the insurance provider’s stock valued at $100,000 after purchasing an additional 469 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of American Financial Group by 62.4% during the second quarter. Cerity Partners LLC now owns 2,941 shares of the insurance provider’s stock worth $371,000 after purchasing an additional 1,130 shares in the last quarter. 64.37% of the stock is owned by institutional investors and hedge funds.

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.