American Financial Group (AFG) Expected to Announce Earnings on Tuesday

American Financial Group (NYSE:AFG - Get Free Report) is expected to be releasing its earnings data after the market closes on Tuesday, February 4th. Analysts expect American Financial Group to post earnings of $3.15 per share and revenue of $2.04 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

American Financial Group (NYSE:AFG - Get Free Report) last released its earnings results on Tuesday, November 5th. The insurance provider reported $2.31 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.51 by ($0.20). American Financial Group had a return on equity of 19.97% and a net margin of 10.84%. The firm had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period in the previous year, the firm earned $2.45 earnings per share. American Financial Group's revenue was up 10.8% on a year-over-year basis. On average, analysts expect American Financial Group to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

American Financial Group Price Performance

Shares of NYSE:AFG traded down $1.36 during trading hours on Tuesday, hitting $137.09. 198,257 shares of the company's stock traded hands, compared to its average volume of 263,945. The company's fifty day simple moving average is $138.50 and its two-hundred day simple moving average is $134.57. The company has a market cap of $11.51 billion, a price-to-earnings ratio of 12.85 and a beta of 0.83. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.53. American Financial Group has a 52 week low of $115.64 and a 52 week high of $150.19.

American Financial Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 14th were issued a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Tuesday, January 14th. American Financial Group's payout ratio is 29.99%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AFG. BMO Capital Markets upped their price objective on shares of American Financial Group from $135.00 to $143.00 and gave the company a "market perform" rating in a research note on Friday, November 15th. Keefe, Bruyette & Woods lowered their price objective on shares of American Financial Group from $165.00 to $164.00 and set an "outperform" rating on the stock in a research report on Friday, January 10th. Finally, Piper Sandler boosted their target price on shares of American Financial Group from $135.00 to $150.00 and gave the company a "neutral" rating in a research note on Tuesday, November 12th.

American Financial Group Company Profile

American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance.