American Financial Group (AFG) Receiving Somewhat Favorable Press Coverage, Report Finds

News coverage about American Financial Group (NYSE:AFG) has been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Financial Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the insurance provider an impact score of 46.9327937232435 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Several equities research analysts have issued reports on AFG shares. Bank of America boosted their price objective on shares of American Financial Group from $120.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Zacks Investment Research cut shares of American Financial Group from a “buy” rating to a “hold” rating in a report on Thursday, December 21st. Sandler O’Neill reaffirmed a “buy” rating and issued a $119.00 price objective on shares of American Financial Group in a report on Wednesday, January 10th. Finally, ValuEngine raised shares of American Financial Group from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. American Financial Group currently has a consensus rating of “Buy” and a consensus price target of $116.75.

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American Financial Group stock opened at $115.30 on Thursday. American Financial Group has a 12-month low of $92.45 and a 12-month high of $121.69. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.18 and a current ratio of 0.18. The firm has a market cap of $10,208.78, a PE ratio of 21.75, a PEG ratio of 1.16 and a beta of 0.80.

American Financial Group (NYSE:AFG) last announced its earnings results on Wednesday, January 31st. The insurance provider reported $2.20 EPS for the quarter, topping the consensus estimate of $1.67 by $0.53. American Financial Group had a net margin of 6.92% and a return on equity of 11.09%. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the company posted $1.98 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. sell-side analysts expect that American Financial Group will post 8.2 earnings per share for the current year.

In other news, Director Gregory G. Joseph purchased 500 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were bought at an average price of $113.50 per share, with a total value of $56,750.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Vito C. Peraino sold 51,000 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $113.86, for a total transaction of $5,806,860.00. The disclosure for this sale can be found here. Company insiders own 13.70% of the company’s stock.

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About American Financial Group

American Financial Group, Inc (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

Insider Buying and Selling by Quarter for American Financial Group (NYSE:AFG)

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