Analysts expect that AFLAC Incorporated (NYSE:AFL) will announce $5.40 billion in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for AFLAC’s earnings, with estimates ranging from $5.36 billion to $5.44 billion. AFLAC reported sales of $5.96 billion in the same quarter last year, which indicates a negative year-over-year growth rate of 9.4%. The business is expected to report its next quarterly earnings results after the market closes on Wednesday, January 31st.
On average, analysts expect that AFLAC will report full-year sales of $5.40 billion for the current financial year, with estimates ranging from $21.33 billion to $21.69 billion. For the next financial year, analysts expect that the company will post sales of $21.48 billion per share, with estimates ranging from $21.04 billion to $22.28 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that follow AFLAC.
AFLAC (NYSE:AFL) last posted its quarterly earnings results on Wednesday, October 25th. The financial services provider reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.07. The company had revenue of $5.51 billion for the quarter, compared to analyst estimates of $5.48 billion. AFLAC had a return on equity of 12.87% and a net margin of 12.49%. AFLAC’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.74 EPS.
Shares of AFLAC (AFL) opened at $86.82 on Monday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.07 and a quick ratio of 0.07. The stock has a market capitalization of $34,130.00, a PE ratio of 12.60, a price-to-earnings-growth ratio of 2.34 and a beta of 1.02. AFLAC has a 12-month low of $66.50 and a 12-month high of $91.73.
In other AFLAC news, VP James Todd Daniels sold 1,430 shares of AFLAC stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $87.11, for a total transaction of $124,567.30. Following the transaction, the vice president now owns 12,708 shares of the company’s stock, valued at $1,106,993.88. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Audrey B. Tillman sold 310 shares of AFLAC 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 transaction, the insider now directly owns 41,937 shares in the company, valued at approximately $3,504,675.09. The disclosure for this sale can be found here. Insiders have sold a total of 22,657 shares of company stock worth $1,988,685 in the last three months. Corporate insiders own 3.00% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. San Francisco Sentry Investment Group CA increased its position in AFLAC by 4,338.7% during the third quarter. San Francisco Sentry Investment Group CA now owns 1,376 shares of the financial services provider’s stock worth $112,000 after buying an additional 1,345 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO acquired a new position in AFLAC during the fourth quarter worth approximately $213,000. Davis R M Inc. acquired a new position in AFLAC during the fourth quarter worth approximately $213,000. Ifrah Financial Services Inc. acquired a new position in AFLAC during the third quarter worth approximately $200,000. Finally, Lowe Brockenbrough & Co. Inc. acquired a new position in AFLAC during the third quarter worth approximately $204,000. 65.70% of the stock is currently owned by institutional investors.
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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