American Financial Group (AFG) Stock Price, News & Analysis

Company Overview

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. It sells its property and casualty insurance products through independent insurance agents and brokers. The company was founded in 1872 and is headquartered in Cincinnati, Ohio.

Key Stats

• Today's Range: $134.63 to $136.72
• 50-Day Range: $123.39 to $137.02
• 52-Week Range: $105.22 to $137.95
• Volume: 51,363 shs
• Average Volume: 295,579 shs
• Market Capitalization: $11.38 billion
• P/E Ratio: 12.98
• Dividend Yield: 2.09%
• Price Target: $135.67
• Consensus Rating: Hold

American Financial Group Stock Analysis - MarketRank™

American Financial Group scored higher than 80% of companies evaluated by MarketBeat, and ranked 10th out of 39 stocks in the financial services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.2 / 5
• Analyst Rating: Hold

Consensus Rating

American Financial Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

American Financial Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.75%

Earnings Growth

Earnings for American Financial Group are expected to grow by 6.75% in the coming year, from $10.96 to $11.70 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Financial Group is 12.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.56.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Financial Group is 12.98, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 422.93.

Price to Book Value per Share Ratio

American Financial Group has a P/B Ratio of 2.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.08% of the float of American Financial Group has been sold short.

Short Interest Ratio / Days to Cover

American Financial Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Financial Group has recently increased by 3.30%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

American Financial Group pays a meaningful dividend of 2.13%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

American Financial Group has been increasing its dividend for 18 years.

Dividend Coverage

The dividend payout ratio of American Financial Group is 27.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, American Financial Group will have a dividend payout ratio of 24.27% next year. This indicates that American Financial Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.3 / 5
• Environmental Score: -0.57

Percentage of Shares Shorted

1.08% of the float of American Financial Group has been sold short.

Short Interest Ratio / Days to Cover

American Financial Group has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Financial Group has recently increased by 3.30%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 3 people have searched for AFG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added American Financial Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, American Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $150,204.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

14.50% of the stock of American Financial Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

64.37% of the stock of American Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AFG Stock Analysis - Frequently Asked Questions

How have AFG shares performed this year?

American Financial Group's stock was trading at $118.89 at the beginning of the year. Since then, AFG shares have increased by 14.1% and is now trading at $135.66.
View the best growth stocks for 2024 here.

How were American Financial Group's earnings last quarter?

American Financial Group, Inc. (NYSE:AFG) announced its quarterly earnings data on Tuesday, August, 6th. The insurance provider reported $2.56 EPS for the quarter, beating analysts' consensus estimates of $2.45 by $0.11. American Financial Group's revenue was up 3.3% compared to the same quarter last year.

Who are American Financial Group's major shareholders?

American Financial Group's top institutional investors include Victory Capital Management Inc. (4.46%), Dimensional Fund Advisors LP (1.19%), LSV Asset Management (1.12%) and Bank of New York Mellon Corp (1.00%). Insiders that own company stock include James E Evans, Michelle A Gillis, John B Berding, Lehman John I Von, Brian S Hertzman, William W Verity, Mark A Weiss, Terry S Jacobs and Amy Y Murray.
View institutional ownership trends.

How do I buy shares of American Financial Group?

Shares of AFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Financial Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Financial Group investors own include Intel (INTC), Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), AT&T (T), Abbott Laboratories (ABT) and Exxon Mobil (XOM).

Company Calendar

• Ex-Dividend for 7/25 Dividend: 7/15/2024
• Dividend Payable: 7/25/2024
• Last Earnings: 8/06/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 11/06/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Insurance - Property & Casualty
• Sub-Industry: Multi-line Insurance
• Current Symbol: NYSE:AFG
• CUSIP: 02593210
• CIK: 1042046
• Web: www.afginc.com
• Phone: (513) 579-2121
• Fax: 513-579-2113
• Employees: 8,500
• Year Founded: 1872

Price Target and Rating

• Average Stock Price Target: $135.67
• High Stock Price Target: $137.00
• Low Stock Price Target: $135.00
• Potential Upside/Downside: +0.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.45
• Trailing P/E Ratio: 12.98
• Forward P/E Ratio: 12.38
• P/E Growth: N/A
• Net Income: $852 million
• Net Margins: 11.06%
• Pretax Margin: 14.02%
• Return on Equity: 21.16%
• Return on Assets: 2.96%

Debt

• Debt-to-Equity Ratio: 0.34
• Current Ratio: 0.46
• Quick Ratio: 0.46

Sales & Book Value

• Annual Sales: $7.83 billion
• Price / Sales: 1.45
• Cash Flow: $11.83 per share
• Price / Cash Flow: 11.47
• Book Value: $50.83 per share
• Price / Book: 2.67

Miscellaneous

• Outstanding Shares: 83,900,000
• Free Float: 71,706,000
• Market Cap: $11.38 billion
• Optionable: Optionable
• Beta: 0.78