Aflac (AFL) Stock Price, News & Analysis

Company Overview

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

Key Stats

• Today's Range: $111.58 to $112.69
• 50-Day Range: $102.54 to $115.27
• 52-Week Range: $75.07 to $115.50
• Volume: 567,637 shs
• Average Volume: 2.22 million shs
• Market Capitalization: $63.65 billion
• P/E Ratio: 11.85
• Dividend Yield: 1.79%
• Price Target: $97.53
• Consensus Rating: Hold

Aflac Stock Analysis - MarketRank™

Aflac scored higher than 94% of companies evaluated by MarketBeat, and ranked 73rd out of 899 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Aflac has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 9 hold ratings, and 3 sell ratings.

Amount of Analyst Coverage

Aflac has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.73%

Earnings Growth

Earnings for Aflac are expected to grow by 4.73% in the coming year, from $6.76 to $7.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aflac is 11.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.41.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aflac is 11.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.87.

Price to Earnings Growth Ratio

Aflac has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Aflac has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.30% of the float of Aflac has been sold short.

Short Interest Ratio / Days to Cover

Aflac has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Aflac has recently decreased by 9.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Aflac pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Aflac has been increasing its dividend for 43 years.

Dividend Coverage

The dividend payout ratio of Aflac is 22.08%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Aflac will have a dividend payout ratio of 28.25% next year. This indicates that Aflac will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.8 / 5
• Environmental Score: -0.15

Percentage of Shares Shorted

2.30% of the float of Aflac has been sold short.

Short Interest Ratio / Days to Cover

Aflac has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Aflac has recently decreased by 9.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.66

News Sentiment

Aflac has a news sentiment score of 0.66. 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 0.53 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Aflac this week, compared to 12 articles on an average week.

Search Interest

Only 6 people have searched for AFL on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

10 people have added Aflac to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Aflac insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $197,880.00 in company stock.

Percentage Held by Insiders

Only 0.90% of the stock of Aflac is held by insiders.

Percentage Held by Institutions

67.44% of the stock of Aflac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AFL Stock Analysis - Frequently Asked Questions

How have AFL shares performed this year?

Aflac's stock was trading at $82.50 at the beginning of the year. Since then, AFL shares have increased by 35.6% and is now trading at $111.87.
View the best growth stocks for 2024 here.

How were Aflac's earnings last quarter?

Aflac Incorporated (NYSE:AFL) issued its earnings results on Wednesday, July, 31st. The financial services provider reported $1.83 EPS for the quarter, beating analysts' consensus estimates of $1.60 by $0.23. Aflac's revenue for the quarter was down .7% compared to the same quarter last year.
Read the conference call transcript.

When did Aflac's stock split?

Shares of Aflac split on the morning of Monday, March 19th 2018. The 2-1 split was announced on Tuesday, February 13th 2018. The newly created shares were distributed to shareholders after the market closes on Friday, March 16th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Is Aflac doing a stock buyback?

Aflac's board approved a share repurchase program on Tuesday, November 8th 2022, which allows the company to buy back 100,000,000 outstanding shares, according to EventVestor. This allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its shares are undervalued.

Does Aflac have any subsidiaries?

Aflac subsidiaries include these companies: Zurich North America’s U.S., Argus Dental & Vision Inc, Continental American Insurance Company, Aflac Asset Management Japan Ltd., Aflac Asset Management LLC, Aflac Benefits Advisors, Aflac Corporate Ventures LLC, and more.

Who are Aflac's major shareholders?

Top institutional shareholders of Aflac include Guinness Asset Management LTD (0.40%), Maj Invest Holding A S (0.25%), Raymond James & Associates (0.15%) and Vest Financial LLC (0.14%). Insiders that own company stock include Frederick John Crawford, Audrey B Tillman, Teresa L White, June P Howard, Masatoshi Koide, Charles D Lake II, James Todd Daniels, William P Bowers, Karole Lloyd, Barbara K Rimer, Eric M Kirsch, Albert Riggieri, Joseph L Moskowitz, Steven Kent Beaver, Thomas J Kenny, Toshihiko Fukuzawa, Arthur Reginald Collins and Virgil Raynard Miller.
View institutional ownership trends.

How do I buy shares of Aflac?

Shares of AFL 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 Aflac own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aflac investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Humana (HUM), Advanced Micro Devices (AMD), Verizon Communications (VZ) and American Water Works (AWK).

Company Calendar

• Last Earnings: 7/31/2024
• Ex-Dividend for 9/2 Dividend: 8/21/2024
• Dividend Payable: 9/02/2024
• Today: 10/24/2024
• Next Earnings (Confirmed): 10/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Accident & health insurance
• Sub-Industry: Life & Health Insurance
• Current Symbol: NYSE:AFL
• CUSIP: 00105510
• CIK: 4977
• Web: www.aflac.com
• Phone: (706) 323-3431
• Fax: 706-324-6330
• Employees: 12,785
• Year Founded: 1955

Price Target and Rating

• Average Stock Price Target: $97.53
• High Stock Price Target: $124.00
• Low Stock Price Target: $75.00
• Potential Upside/Downside: -13.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.06
• Trailing P/E Ratio: 11.87
• Forward P/E Ratio: 16.59
• P/E Growth: 2.62
• Net Income: $4.66 billion
• Net Margins: 28.35%
• Pretax Margin: 32.56%
• Return on Equity: 16.22%
• Return on Assets: 3.08%

Debt

• Debt-to-Equity Ratio: 0.29
• Current Ratio: 0.10
• Quick Ratio: 0.10

Sales & Book Value

• Annual Sales: $19.43 billion
• Price / Sales: 3.28
• Cash Flow: $7.86 per share
• Price / Cash Flow: 14.27
• Book Value: $37.62 per share
• Price / Book: 2.98

Miscellaneous

• Outstanding Shares: 568,222,000
• Free Float: 554,986,000
• Market Cap: $63.72 billion
• Optionable: Optionable
• Beta: 0.95