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: $136.98 to $140.16
• 50-Day Range: $126.81 to $143.79
• 52-Week Range: $108.39 to $144.81
• Volume: 467,664 shs
• Average Volume: 304,230 shs
• Market Capitalization: $11.72 billion
• P/E Ratio: 13.09
• Dividend Yield: 2.29%
• Price Target: $141.25
• Consensus Rating: Hold

American Financial Group Stock Analysis - MarketRank™

American Financial Group scored higher than 92% of companies evaluated by MarketBeat, and ranked 115th out of 953 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

American Financial Group has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

American Financial Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 7.63%

Earnings Growth

Earnings for American Financial Group are expected to grow by 7.63% in the coming year, from $10.88 to $11.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Financial Group is 13.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Financial Group is 13.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.23.

Price to Book Value per Share Ratio

American Financial Group has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.23% 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 3.1, 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 decreased by 9.88%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

American Financial Group pays a meaningful dividend of 2.32%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

American Financial Group has been increasing its dividend for 19 years.

Dividend Coverage

The dividend payout ratio of American Financial Group is 29.99%. 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 27.33% 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

1.23% 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 3.1, 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 decreased by 9.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.25

News Sentiment

American Financial Group has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for American Financial Group this week, compared to 4 articles on an average week.

Search Interest

7 people have searched for AFG on MarketBeat in the last 30 days. This is an increase of 75% 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 -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, American Financial Group insiders have not sold or bought any 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 start of the year. Since then, AFG shares have increased by 17.4% and is now trading at $139.62.
View the best growth stocks for 2024 here.

How were American Financial Group's earnings last quarter?

American Financial Group, Inc. (NYSE:AFG) posted its earnings results on Tuesday, November, 5th. The insurance provider reported $2.31 earnings per share for the quarter, missing the consensus estimate of $2.51 by $0.20. The firm's revenue for the quarter was up 10.8% on a year-over-year basis.

Who are American Financial Group's major shareholders?

Top institutional investors of American Financial Group include FMR LLC (6.57%), Victory Capital Management Inc. (4.06%), State Street Corp (3.21%) and Geode Capital Management LLC (1.85%). 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 American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Ex-Dividend for 10/25 Dividend: 10/15/2024
• Dividend Payable: 10/25/2024
• Last Earnings: 11/05/2024
• Ex-Dividend for 11/26 Dividend: 11/15/2024
• Today: 11/18/2024
• Dividend Payable: 11/26/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/04/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• 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: $141.25
• High Stock Price Target: $150.00
• Low Stock Price Target: $135.00
• Potential Upside/Downside: +1.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.67
• Trailing P/E Ratio: 12.99
• Forward P/E Ratio: 12.74
• P/E Growth: N/A
• Net Income: $852 million
• Net Margins: 10.84%
• Pretax Margin: 13.79%
• Return on Equity: 19.97%
• Return on Assets: 2.87%

Debt

• Debt-to-Equity Ratio: 0.31
• Current Ratio: 0.53
• Quick Ratio: 0.46

Sales & Book Value

• Annual Sales: $7.83 billion
• Price / Sales: 1.49
• Cash Flow: $11.68 per share
• Price / Cash Flow: 11.87
• Book Value: $56.09 per share
• Price / Book: 2.47

Miscellaneous

• Outstanding Shares: 83,930,000
• Free Float: 71,761,000
• Market Cap: $11.64 billion
• Optionable: Optionable
• Beta: 0.79