American Financial Group Reaches New 12-Month High at $60.00 (AFG)
American Financial Group (NYSE:AFG)’s share price hit a new 52-week high during mid-day trading on Friday , AnalystRatings.NET reports. The stock traded as high as $60.00 and last traded at $59.52, with a volume of 137,509 shares changing hands. The stock had previously closed at $59.77.
Separately, analysts at Zacks downgraded shares of American Financial Group from an “outperform” rating to a “neutral” rating in a research note on Friday, May 23rd. They now have a $61.00 price target on the stock.
The stock’s 50-day moving average is $58.72 and its 200-day moving average is $57.15. The company has a market cap of $5.342 billion and a price-to-earnings ratio of 12.03.
American Financial Group (NYSE:AFG) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $1.00 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.96 by $0.04. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $811.25 million. During the same quarter last year, the company posted $0.92 earnings per share. Analysts expect that American Financial Group will post $4.74 EPS 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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