American Financial Group Inc. Hits New 52-Week High at $54.29 (AFG)
Shares of American Financial Group (NYSE:AFG) hit a new 52-week high during trading on Wednesday, AnalystRatingsNetwork.com reports. The stock traded as high as $54.29 and last traded at $54.17, with a volume of 176,478 shares trading hands. The stock had previously closed at $53.87.
Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of American Financial Group (NYSE:AFG) in a research note to investors on Monday, July 29th. They set a “market perform” rating and a $55.00 price target on the stock.
In other American Financial Group news, Director John B. Berding unloaded 10,000 shares of the company’s stock on the open market in a transaction dated Monday, September 16th. The shares were sold at an average price of $53.61, for a total transaction of $536,100.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
American Financial Group has a 1-year low of $36.83 and a 1-year high of $53.94. The stock’s 50-day moving average is $52.34 and its 200-day moving average is $49.41. The company has a market cap of $4.820 billion and a price-to-earnings ratio of 9.82.
American Financial Group (NYSE:AFG) last issued its quarterly earnings data on Monday, July 29th. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.87 by $0.09. The company had revenue of $709.00 million for the quarter, compared to the consensus estimate of $753.91 million. During the same quarter in the prior year, the company posted $0.91 earnings per share. The company’s quarterly revenue was up 10.8% on a year-over-year basis. On average, analysts predict that American Financial Group will post $4.05 earnings per share for the current fiscal year.
American Financial Group, Inc (NYSE:AFG) is a holding company, which through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses and in the sale of traditional fixed and fixed-indexed annuities in the individual, bank and education markets.
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