Shares of American Financial Group, Inc. (NYSE:AFG – Get Free Report) have been assigned a consensus recommendation of “Hold” from the five analysts that are covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $141.25.
Several research analysts recently commented on the company. Jefferies Financial Group reissued a “hold” rating and set a $142.00 target price on shares of American Financial Group in a research note on Tuesday, November 11th. Weiss Ratings lowered shares of American Financial Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. Wells Fargo & Company decreased their price target on shares of American Financial Group from $165.00 to $160.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Piper Sandler increased their price objective on shares of American Financial Group from $130.00 to $139.00 and gave the company a “neutral” rating in a research report on Thursday, November 6th.
View Our Latest Stock Report on AFG
American Financial Group Stock Up 1.2%
American Financial Group (NYSE:AFG – Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The insurance provider reported $3.65 earnings per share for the quarter, beating analysts’ consensus estimates of $3.18 by $0.47. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.79 billion. American Financial Group had a net margin of 10.30% and a return on equity of 18.92%. The business’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.12 earnings per share. American Financial Group has set its FY 2026 guidance at 11.000-11.000 EPS. Analysts predict that American Financial Group will post 10.5 EPS for the current year.
American Financial Group Dividend Announcement
The firm also recently disclosed a special dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Monday, February 16th will be issued a $1.50 dividend. The ex-dividend date is Friday, February 13th. American Financial Group’s dividend payout ratio is presently 34.96%.
Hedge Funds Weigh In On American Financial Group
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its holdings in American Financial Group by 11.1% during the first quarter. Royal Bank of Canada now owns 75,421 shares of the insurance provider’s stock worth $9,905,000 after purchasing an additional 7,554 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in shares of American Financial Group in the 1st quarter valued at $2,330,000. Jones Financial Companies Lllp raised its stake 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 acquiring an additional 758 shares in the last quarter. KLP Kapitalforvaltning AS lifted its position in American Financial Group by 1.6% in the second quarter. KLP Kapitalforvaltning AS now owns 26,200 shares of the insurance provider’s stock valued at $3,307,000 after acquiring an additional 400 shares during the last quarter. Finally, Callan Family Office LLC acquired a new position in American Financial Group in the second quarter valued at $423,000. 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.
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