Research Analysts Set Expectations for AFG FY2024 Earnings

American Financial Group, Inc. (NYSE:AFG) – Equities research analysts at Zacks Research decreased their FY2024 EPS estimates for American Financial Group in a research note issued on Monday, February 3rd. Zacks Research analyst T. De now anticipates that the insurance provider will post earnings of $10.78 per share for the year, down from their previous forecast of $10.82. The consensus estimate for American Financial Group’s current full-year earnings is $10.83 per share. Zacks Research also issued estimates for American Financial Group’s Q2 2025 earnings at $2.71 EPS and Q1 2026 earnings at $3.23 EPS.

American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Tuesday, February 4th. The insurance provider reported $3.12 earnings per share for the quarter, missing the consensus estimate of $3.15 by ($0.03). American Financial Group had a net margin of 10.84% and a return on equity of 19.97%.

Several other equities analysts also recently commented on the stock. Piper Sandler boosted their target price on shares of American Financial Group from $135.00 to $150.00 and gave the stock a “neutral” rating in a report on Tuesday, November 12th. BMO Capital Markets boosted their target price on shares of American Financial Group from $135.00 to $143.00 and gave the stock a “market perform” rating in a report on Friday, November 15th. Finally, Keefe, Bruyette & Woods lowered their target price on shares of American Financial Group from $165.00 to $164.00 and set an “outperform” rating on the stock in a report on Friday, January 10th.

American Financial Group Price Performance

Shares of NYSE:AFG opened at $136.04 on Wednesday. American Financial Group has a 1-year low of $115.64 and a 1-year high of $150.19. The firm’s 50 day simple moving average is $137.65 and its two-hundred day simple moving average is $134.86. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market capitalization of $11.42 billion, a P/E ratio of 12.75 and a beta of 0.83.

American Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 14th were paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date of this dividend was Tuesday, January 14th. American Financial Group’s payout ratio is 29.99%.

Institutional Investors Weigh In On American Financial Group

Hedge funds have recently bought and sold shares of the business. UMB Bank n.a. raised its stake in American Financial Group by 86.8% during the fourth quarter. UMB Bank n.a. now owns 340 shares of the insurance provider’s stock valued at $47,000 after purchasing an additional 158 shares in the last quarter. Allworth Financial LP raised its stake in American Financial Group by 301.1% during the fourth quarter. Allworth Financial LP now owns 702 shares of the insurance provider’s stock valued at $94,000 after purchasing an additional 527 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new stake in American Financial Group during the third quarter valued at $111,000. iA Global Asset Management Inc. purchased a new stake in American Financial Group during the third quarter valued at $125,000. Finally, Brooklyn Investment Group purchased a new stake in American Financial Group during the third quarter valued at $130,000. Hedge funds and other 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.