Aflac (NYSE:AFL) Issues Earnings Results

Aflac (NYSE:AFL) posted its quarterly earnings results on Thursday. The financial services provider reported $1.75 EPS for the quarter, missing the consensus estimate of $1.76 by ($0.01), FiscalAI reports. Aflac had a net margin of 26.91% and a return on equity of 13.37%. The business had revenue of $4.22 billion during the quarter, compared to analysts’ expectations of $4.11 billion. During the same quarter last year, the firm earned $1.78 EPS. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year.

Aflac Trading Down 1.6%

Shares of NYSE:AFL traded down $2.02 during trading on Friday, reaching $124.64. 2,452,894 shares of the stock were exchanged, compared to its average volume of 1,990,528. The firm’s 50-day moving average price is $120.72 and its 200 day moving average price is $115.37. The firm has a market cap of $63.44 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 1.95 and a beta of 0.60. Aflac has a 12-month low of $101.49 and a 12-month high of $130.22. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11.

Aflac Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be issued a dividend of $0.61 per share. The ex-dividend date is Wednesday, August 19th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.0%. Aflac’s payout ratio is presently 27.70%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Evercore raised shares of Aflac from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Keefe, Bruyette & Woods upped their price target on shares of Aflac from $115.00 to $120.00 and gave the stock a “market perform” rating in a research report on Monday, July 13th. Piper Sandler reaffirmed an “overweight” rating and set a $130.00 price target (up from $125.00) on shares of Aflac in a research note on Tuesday, May 26th. Weiss Ratings upgraded shares of Aflac from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, July 23rd. Finally, Jefferies Financial Group reissued a “hold” rating and set a $108.00 price objective (up from $100.00) on shares of Aflac in a research note on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $116.25.

Key Headlines Impacting Aflac

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: Aflac declared a quarterly dividend of $0.61 per share, payable September 1 to shareholders of record on August 19. The dividend represents an annualized payout of approximately $2.44 per share and a yield near 2.0%, supporting the stock’s income appeal. Aflac Announces Second Quarter 2026 Results and Dividend
• Positive Sentiment: Second-quarter revenue reached $4.22 billion, exceeding the roughly $4.11 billion consensus estimate. Management also highlighted solid U.S. sales, strong policy persistency and ongoing capital returns as signs of underlying business stability. Aflac Misses Q2 EPS Estimates Despite Solid US Sales Growth
• Neutral Sentiment: Aflac’s quarterly earnings call and presentation provided additional details on operating trends, sales momentum and financial performance for investors assessing the company’s outlook. Aflac Q2 2026 Earnings Call Transcript
• Negative Sentiment: Adjusted earnings were $1.75 per share, below analyst estimates ranging from $1.76 to $1.79 and down from $1.78 a year earlier. Lower investment income and unfavorable foreign-exchange effects, including a stronger dollar, weighed on profitability. Aflac Q2 Earnings Lag Estimates
• Negative Sentiment: Revenue declined approximately 1.0% year over year, while the earnings shortfall reinforces concerns about near-term investment income and currency headwinds. These factors likely explain the negative investor reaction despite the revenue beat. Aflac Q2 Earnings Snapshot

Insider Buying and Selling

In other Aflac news, major shareholder Post Holdings Co. Ltd. Japan sold 63,000 shares of Aflac stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.12, for a total transaction of $7,441,560.00. Following the transaction, the insider directly owned 51,169,435 shares of the company’s stock, valued at $6,044,133,662.20. The trade was a 0.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 744,073 shares of company stock valued at $87,022,570 in the last 90 days. Company insiders own 0.80% of the company’s stock.

Hedge Funds Weigh In On Aflac

A number of hedge funds have recently made changes to their positions in the business. Brighton Jones LLC lifted its stake in shares of Aflac by 64.4% during the fourth quarter. Brighton Jones LLC now owns 14,570 shares of the financial services provider’s stock worth $1,507,000 after purchasing an additional 5,708 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Aflac by 4.3% in the fourth quarter. Bison Wealth LLC now owns 4,402 shares of the financial services provider’s stock valued at $455,000 after buying an additional 183 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Aflac in the second quarter valued at about $280,000. Sei Investments Co. raised its holdings in shares of Aflac by 11.2% during the 2nd quarter. Sei Investments Co. now owns 150,334 shares of the financial services provider’s stock valued at $15,854,000 after buying an additional 15,105 shares during the period. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Aflac by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,953 shares of the financial services provider’s stock valued at $1,261,000 after buying an additional 192 shares during the period. Hedge funds and other institutional investors own 67.44% of the company’s stock.

Aflac Company Profile

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.