Brokerages Expect AFLAC Incorporated (AFL) to Post $1.55 EPS

Brokerages predict that AFLAC Incorporated (NYSE:AFL) will announce earnings of $1.55 per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for AFLAC’s earnings, with the lowest EPS estimate coming in at $1.50 and the highest estimate coming in at $1.60. AFLAC posted earnings per share of $1.54 in the same quarter last year, which would indicate a positive year-over-year growth rate of 0.6%. The company is expected to issue its next earnings results after the market closes on Wednesday, January 31st.

According to Zacks, analysts expect that AFLAC will report full year earnings of $6.76 per share for the current financial year, with EPS estimates ranging from $6.70 to $6.81. For the next financial year, analysts anticipate that the company will report earnings of $7.42 per share, with EPS estimates ranging from $6.75 to $7.75. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover AFLAC.

AFLAC (NYSE:AFL) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.07. The business had revenue of $5.51 billion for the quarter, compared to the consensus estimate of $5.48 billion. AFLAC had a return on equity of 12.87% and a net margin of 12.49%. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.74 EPS.

A number of analysts have commented on the company. B. Riley reissued a “neutral” rating on shares of AFLAC in a report on Monday, November 6th. Royal Bank of Canada reissued a “sell” rating and set a $71.00 price objective on shares of AFLAC in a report on Tuesday, October 10th. ValuEngine raised AFLAC from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Zacks Investment Research raised AFLAC from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Finally, Janney Montgomery Scott reissued a “buy” rating on shares of AFLAC in a report on Tuesday. Four analysts have rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. AFLAC has an average rating of “Hold” and an average price target of $80.29.

Shares of AFLAC (AFL) opened at $86.82 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.07 and a current ratio of 0.07. The company has a market capitalization of $33,983.85, a P/E ratio of 12.58, a price-to-earnings-growth ratio of 2.33 and a beta of 1.02. AFLAC has a twelve month low of $66.50 and a twelve month high of $91.73.

In other news, insider Audrey B. Tillman sold 310 shares of the company’s stock in a transaction that occurred on Thursday, October 26th. The stock was sold at an average price of $83.57, for a total value of $25,906.70. Following the completion of the transaction, the insider now directly owns 41,937 shares of the company’s stock, valued at $3,504,675.09. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Masatoshi Koide sold 6,250 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The shares were sold at an average price of $88.00, for a total value of $550,000.00. Following the completion of the transaction, the chief operating officer now directly owns 25,037 shares of the company’s stock, valued at $2,203,256. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,657 shares of company stock valued at $1,988,685. 3.00% of the stock is currently owned by corporate insiders.

Several hedge funds have recently added to or reduced their stakes in AFL. Mutual of America Capital Management LLC grew its holdings in shares of AFLAC by 1.0% in the second quarter. Mutual of America Capital Management LLC now owns 48,371 shares of the financial services provider’s stock valued at $3,757,000 after acquiring an additional 468 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of AFLAC by 49.5% in the second quarter. D.A. Davidson & CO. now owns 28,525 shares of the financial services provider’s stock valued at $2,215,000 after acquiring an additional 9,447 shares in the last quarter. FMR LLC grew its holdings in shares of AFLAC by 11.6% in the second quarter. FMR LLC now owns 7,106,003 shares of the financial services provider’s stock valued at $551,994,000 after acquiring an additional 736,703 shares in the last quarter. TIAA FSB bought a new position in shares of AFLAC in the second quarter valued at approximately $1,321,000. Finally, MML Investors Services LLC grew its holdings in shares of AFLAC by 14.4% in the second quarter. MML Investors Services LLC now owns 15,667 shares of the financial services provider’s stock valued at $1,217,000 after acquiring an additional 1,975 shares in the last quarter. 65.62% of the stock is owned by institutional investors.

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AFLAC Company Profile

Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.

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