What is Zacks Research’s Forecast for AFG FY2027 Earnings?

American Financial Group, Inc. (NYSE:AFG) – Stock analysts at Zacks Research lowered their FY2027 earnings per share estimates for shares of American Financial Group in a research note issued to investors on Friday, September 18th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $11.80 for the year, down from their prior forecast of $11.95. The consensus estimate for American Financial Group’s current full-year earnings is $12.17 per share. Zacks Research also issued estimates for American Financial Group’s Q4 2027 earnings at $3.73 EPS.

Several other equities analysts have also commented on AFG. Wells Fargo & Company raised their target price on shares of American Financial Group from $158.00 to $173.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Wall Street Zen downgraded shares of American Financial Group from a “buy” rating to a “hold” rating in a report on Saturday, September 12th. Piper Sandler increased their price target on shares of American Financial Group from $140.00 to $156.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. Weiss Ratings raised shares of American Financial Group from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, August 11th. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of American Financial Group from $148.00 to $153.00 and gave the company a “market perform” rating in a research report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $156.00.

American Financial Group Stock Down 0.6%

AFG stock opened at $139.65 on Tuesday. American Financial Group has a 52 week low of $123.09 and a 52 week high of $150.02. The business has a 50-day simple moving average of $143.09 and a 200 day simple moving average of $136.39. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.38. The company has a market cap of $11.58 billion, a PE ratio of 12.21 and a beta of 0.60.

American Financial Group (NYSE:AFG) last released its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.50. American Financial Group had a return on equity of 20.35% and a net margin of 11.51%.The firm had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the prior year, the company posted $2.14 EPS. The company’s revenue was up 5.5% compared to the same quarter last year.

American Financial Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Wednesday, July 15th were given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Wednesday, July 15th. American Financial Group’s dividend payout ratio is currently 30.77%.

Insider Activity at American Financial Group

In other news, VP Mark A. Weiss sold 2,813 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $144.76, for a total transaction of $407,209.88. Following the completion of the transaction, the vice president directly owned 6,648 shares in the company, valued at approximately $962,364.48. This represents a 29.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brian S. Hertzman sold 950 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $142.87, for a total value of $135,726.50. Following the completion of the transaction, the chief financial officer owned 11,123 shares of the company’s stock, valued at $1,589,143.01. The trade was a 7.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 16.90% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On American Financial Group

A number of hedge funds and other institutional investors have recently bought and sold shares of AFG. BlackRock Inc. acquired a new position in American Financial Group in the 2nd quarter worth about $1,079,329,000. Norges Bank acquired a new stake in shares of American Financial Group during the fourth quarter valued at about $114,661,000. Bank of New York Mellon Corp acquired a new stake in shares of American Financial Group during the second quarter valued at about $102,590,000. Bank of America Corp DE bought a new stake in shares of American Financial Group during the second quarter worth about $53,939,000. Finally, Arrowstreet Capital Limited Partnership grew its holdings in shares of American Financial Group by 337.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 431,144 shares of the insurance provider’s stock worth $55,061,000 after purchasing an additional 332,517 shares during the last quarter. Institutional investors own 64.37% of the company’s stock.

American Financial Group Company Profile

American Financial Group, Inc (NYSE:AFG) is an insurance holding company headquartered in Cincinnati, Ohio. Through its Great American Insurance Group subsidiaries, the company primarily underwrites specialty property and casualty insurance and sells annuity products.

Its property and casualty operations serve businesses, organizations and individuals through specialized products that include commercial transportation, agricultural and crop insurance, workers’ compensation, casualty coverage, financial institution insurance, surety and fidelity bonds, marine insurance, travel insurance and public-sector coverage.