DOWLING & PARTN Brokers Increase Earnings Estimates for AFG

American Financial Group, Inc. (NYSE:AFG – Free Report) – Research analysts at DOWLING & PARTN upped their FY2026 earnings per share (EPS) estimates for American Financial Group in a note issued to investors on Tuesday, November 10th. DOWLING & PARTN analyst J. Christiana now expects that the insurance provider will earn $12.90 per share for the year, up from their prior estimate of $12.75. The consensus estimate for American Financial Group’s current full-year earnings is $12.51 per share.

A number of other equities analysts also recently commented on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of American Financial Group in a report on Wednesday, November 4th. Wall Street Zen cut shares of American Financial Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 7th. Oppenheimer set a $150.00 target price on shares of American Financial Group in a research note on Monday. Keefe, Bruyette & Woods increased their price target on shares of American Financial Group from $147.00 to $150.00 and gave the stock a “market perform” rating in a research report on Monday. Finally, Piper Sandler raised 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 note on Monday, August 10th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $159.00.

Get Our Latest Research Report on AFG

American Financial Group Trading Down 0.5%

Shares of American Financial Group stock opened at $160.35 on Friday. American Financial Group has a 52-week low of $123.09 and a 52-week high of $163.29. The firm has a market capitalization of $13.27 billion, a PE ratio of 12.49 and a beta of 0.55. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.52 and a quick ratio of 0.52. The company’s fifty day moving average price is $146.25 and its two-hundred day moving average price is $137.62.

American Financial Group (NYSE:AFG – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The insurance provider reported $3.97 EPS for the quarter, topping the consensus estimate of $3.80 by $0.17. American Financial Group had a return on equity of 22.56% and a net margin of 11.96%. The firm had revenue of $2.58 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same period last year, the business earned $2.69 earnings per share.

American Financial Group Dividend Announcement

The company also recently announced a special dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 16th will be paid a $3.50 dividend. The ex-dividend date is Monday, November 16th. American Financial Group’s payout ratio is currently 31.65%.

Insider Buying and Selling at American Financial Group

In other news, CFO Brian Hertzman sold 301 shares of the company’s stock in a transaction dated Friday, November 6th. The shares were sold at an average price of $155.29, for a total value of $46,742.29. Following the sale, the chief financial officer owned 1,553 shares of the company’s stock, valued at approximately $241,165.37. This represents a 16.24% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 16.90% of the company’s stock.

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 company. BlackRock Inc. bought a new stake in American Financial Group during the second quarter worth about $1,079,329,000. Dimensional Fund Advisors LP increased its holdings in shares of American Financial Group by 19.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,506,510 shares of the insurance provider’s stock worth $192,395,000 after buying an additional 240,509 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of American Financial Group during the second quarter worth approximately $102,590,000. First Trust Advisors LP raised its stake in shares of American Financial Group by 30.8% in the third quarter. First Trust Advisors LP now owns 649,992 shares of the insurance provider’s stock valued at $88,893,000 after acquiring an additional 153,073 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of American Financial Group by 337.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 431,144 shares of the insurance provider’s stock valued at $55,061,000 after acquiring an additional 332,517 shares during the last quarter. 64.37% of the stock is currently owned by institutional investors and hedge funds.

American Financial Group Company Profile

(Get Free Report)

American Financial Group, Inc. is an insurance holding company headquartered in Cincinnati, Ohio. Through Great American Insurance Group, it provides property and casualty insurance, with a focus on specialty commercial markets and coverage tailored to specific industries and customer needs. Its products include insurance for businesses, farms and agricultural operations, and individuals, offered through a network of independent agents and brokers. AFG’s insurance operations serve customers primarily in the United States, with some products and services available internationally.

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Earnings History and Estimates for American Financial Group (NYSE:AFG)

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