Zacks Research Issues Positive Forecast 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 research note issued to investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the insurance provider will earn $2.61 per share for the quarter, up from their prior estimate of $2.60. The consensus estimate for American Financial Group’s current full-year earnings is $10.50 per share.

American Financial Group (NYSE:AFG) last announced its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.47. American Financial Group had a return on equity of 18.64% and a net margin of 10.30%.The business had revenue of $2.06 billion during the quarter, compared to analyst estimates of $1.79 billion. During the same period last year, the company earned $3.12 earnings per share. American Financial Group’s quarterly revenue was down 4.0% compared to the same quarter last year.

AFG has been the subject of several other research reports. Keefe, Bruyette & Woods boosted their price target on American Financial Group from $134.00 to $140.00 and gave the company a “market perform” rating in a research note on Wednesday, March 25th. Weiss Ratings raised shares of American Financial Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 16th. Finally, Wells Fargo & Company reduced their target price 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, February 5th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, American Financial Group currently has a consensus rating of “Hold” and an average price target of $145.25.

American Financial Group Stock Performance

Shares of AFG stock opened at $127.49 on Monday. American Financial Group has a fifty-two week low of $114.73 and a fifty-two week high of $150.02. The stock’s 50-day moving average is $129.19 and its two-hundred day moving average is $134.37. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.23 and a quick ratio of 0.23. The firm has a market cap of $10.62 billion, a P/E ratio of 12.66 and a beta of 0.69.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. grew its stake in shares of American Financial Group by 3.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,640 shares of the insurance provider’s stock valued at $333,000 after acquiring an additional 83 shares during the period. JB Capital LLC increased its position in shares of American Financial Group by 2.1% during the 4th quarter. JB Capital LLC now owns 4,268 shares of the insurance provider’s stock valued at $583,000 after purchasing an additional 89 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of American Financial Group by 11.5% in the third quarter. EverSource Wealth Advisors LLC now owns 884 shares of the insurance provider’s stock valued at $129,000 after acquiring an additional 91 shares during the period. Jones Financial Companies Lllp lifted its stake in American Financial Group by 12.1% in the third quarter. Jones Financial Companies Lllp now owns 863 shares of the insurance provider’s stock worth $125,000 after purchasing an additional 93 shares during the last quarter. Finally, Larson Financial Group LLC boosted its holdings in American Financial Group by 2.2% during the 4th quarter. Larson Financial Group LLC now owns 4,546 shares of the insurance provider’s stock valued at $621,000 after acquiring an additional 98 shares during the period. Institutional investors own 64.37% of the company’s stock.

Insider Activity

In other news, CFO Brian S. Hertzman sold 1,663 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $133.70, for a total value of $222,343.10. Following the sale, the chief financial officer directly owned 12,073 shares of the company’s stock, valued at $1,614,160.10. The trade was a 12.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 17.40% of the company’s stock.

American Financial Group Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Wednesday, February 25th. Shareholders of record on Monday, February 16th were issued a $1.50 dividend. The ex-dividend date was Friday, February 13th. American Financial Group’s dividend payout ratio is 34.96%.

About American Financial Group

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.