News coverage about AFLAC (NYSE:AFL) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AFLAC earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 44.0328865039452 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- AFLAC Incorporated (AFL) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Cox Enterprises adds name to Atlanta employers giving tax-cut bonus (bizjournals.com)
- Air Lease Corporation to Present at J.P. Morgan Aviation, Transportation and Industrials Conference (econotimes.com)
- EQUITY ALERT: Levi & Korsinsky, LLP Reminds Investors It Filed the Complaint on Behalf of Aflac Incorporated Shareholders and Lead Plaintiff Deadline Set for April 16, 2018 – AFL (finance.yahoo.com)
- AFLAC LEAD PLAINTIFF ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 In Aflac Incorporated To Contact The Firm (feeds.benzinga.com)
AFLAC (NYSE:AFL) traded up $1.69 during trading on Friday, reaching $91.68. 1,755,140 shares of the company were exchanged, compared to its average volume of 2,000,448. The stock has a market cap of $35,726.14, a price-to-earnings ratio of 8.33, a price-to-earnings-growth ratio of 2.39 and a beta of 0.96. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.05 and a quick ratio of 0.05. AFLAC has a fifty-two week low of $70.64 and a fifty-two week high of $91.73.
AFLAC (NYSE:AFL) last released its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.60 EPS for the quarter, beating analysts’ consensus estimates of $1.55 by $0.05. The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.44 billion. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. The business’s revenue for the quarter was down 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.44 EPS. equities research analysts anticipate that AFLAC will post 7.68 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 21st were given a dividend of $0.52 per share. This is a positive change from AFLAC’s previous quarterly dividend of $0.45. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date was Tuesday, February 20th. AFLAC’s payout ratio is 18.89%.
A number of research firms recently weighed in on AFL. UBS Group began coverage on shares of AFLAC in a research note on Friday, March 2nd. They issued a “neutral” rating and a $98.00 price objective for the company. ValuEngine upgraded shares of AFLAC from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. Raymond James Financial upgraded shares of AFLAC from an “outperform” rating to a “strong-buy” rating and lifted their price objective for the company from $88.00 to $100.00 in a research note on Monday, January 22nd. Citigroup upgraded shares of AFLAC to a “strong-buy” rating and lifted their price objective for the company from $88.00 to $100.00 in a research note on Monday, January 22nd. Finally, Janney Montgomery Scott reiterated a “buy” rating on shares of AFLAC in a research note on Tuesday, January 16th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $84.96.
In other news, insider June P. Howard sold 2,648 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $90.33, for a total transaction of $239,193.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Daniel P. Amos sold 24,983 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $89.77, for a total transaction of $2,242,723.91. The disclosure for this sale can be found here. Insiders have sold a total of 43,921 shares of company stock valued at $3,913,315 over the last 90 days. Company insiders own 3.00% of the company’s stock.
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
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