Zacks Research Has Negative Estimate for AFG Q4 Earnings

American Financial Group, Inc. (NYSE:AFG) – Equities research analysts at Zacks Research dropped their Q4 2026 earnings per share (EPS) estimates for shares of American Financial Group in a research report issued on Tuesday, August 18th. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $3.32 for the quarter, down from their prior estimate of $3.37. The consensus estimate for American Financial Group’s current full-year earnings is $11.73 per share. Zacks Research also issued estimates for American Financial Group’s Q2 2027 earnings at $2.69 EPS and Q2 2028 earnings at $2.93 EPS.

American Financial Group (NYSE:AFG) last released its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.85 billion. During the same quarter in the previous year, the business posted $2.14 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year.

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

American Financial Group Price Performance

Shares of AFG opened at $145.67 on Wednesday. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.38. American Financial Group has a twelve month low of $123.09 and a twelve month high of $150.02. The stock has a market capitalization of $12.08 billion, a P/E ratio of 12.73 and a beta of 0.62. The company has a 50 day moving average of $140.66 and a 200-day moving average of $134.15.

Institutional Trading of American Financial Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its holdings in shares of 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in American Financial Group in the first quarter valued at approximately $2,330,000. Jones Financial Companies Lllp lifted its position in shares of American Financial Group by 145.8% in the 1st quarter. Jones Financial Companies Lllp now owns 1,278 shares of the insurance provider’s stock worth $168,000 after purchasing an additional 758 shares during the period. EverSource Wealth Advisors LLC raised its stake in American Financial Group by 144.8% during the second quarter. EverSource Wealth Advisors LLC now owns 793 shares of the insurance provider’s stock worth $100,000 after buying an additional 469 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of American Financial Group by 62.4% in the 2nd quarter. Cerity Partners LLC now owns 2,941 shares of the insurance provider’s stock worth $371,000 after acquiring an additional 1,130 shares in the last quarter. Institutional investors own 64.37% of the company’s stock.

Insiders Place Their Bets

In related news, VP Mark A. Weiss sold 2,813 shares of the company’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $144.76, for a total value of $407,209.88. Following 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Michelle A. Gillis sold 2,247 shares of American Financial Group stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $139.00, for a total transaction of $312,333.00. Following the completion of the sale, the senior vice president owned 13,135 shares of the company’s stock, valued at approximately $1,825,765. The trade was a 14.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,430 shares of company stock worth $2,255,061 in the last 90 days. Company insiders own 16.90% of the company’s stock.

American Financial Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Wednesday, July 15th were paid a $0.88 dividend. The ex-dividend date was Wednesday, July 15th. This represents a $3.52 annualized dividend and a yield of 2.4%. American Financial Group’s payout ratio is 30.77%.

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.