Equities research analysts predict that AFLAC Incorporated (NYSE:AFL) will report $5.49 billion in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for AFLAC’s earnings, with the highest sales estimate coming in at $5.51 billion and the lowest estimate coming in at $5.47 billion. AFLAC posted sales of $5.31 billion in the same quarter last year, which would indicate a positive year over year growth rate of 3.4%. The company is scheduled to announce its next earnings results on Thursday, April 26th.
On average, analysts expect that AFLAC will report full-year sales of $5.49 billion for the current fiscal year, with estimates ranging from $21.46 billion to $22.02 billion. For the next fiscal year, analysts anticipate that the business will post sales of $21.77 billion per share, with estimates ranging from $21.33 billion to $22.42 billion. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow AFLAC.
AFLAC (NYSE:AFL) last issued its earnings results on Wednesday, January 31st. The financial services provider reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.05. AFLAC had a net margin of 20.18% and a return on equity of 12.29%. The business had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The company’s revenue for the quarter was down 8.9% on a year-over-year basis.
AFLAC (AFL) opened at $90.75 on Wednesday. AFLAC has a twelve month low of $70.64 and a twelve month high of $91.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.05 and a quick ratio of 0.05. The stock has a market cap of $35,394.91, a price-to-earnings ratio of 8.24, a PEG ratio of 2.37 and a beta of 0.96.
Shares of AFLAC are going to split on Monday, March 19th. The 2-1 split was announced on Tuesday, February 13th. The newly minted shares will be payable to shareholders after the market closes on Friday, March 16th.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Wednesday, February 21st were given a $0.52 dividend. This is an increase from AFLAC’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, February 20th. This represents a $2.08 annualized dividend and a yield of 2.29%. AFLAC’s dividend payout ratio is 18.89%.
In other AFLAC news, VP James Todd Daniels sold 1,430 shares of the company’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $87.11, for a total transaction of $124,567.30. Following the completion of the transaction, the vice president now owns 12,708 shares in the company, valued at approximately $1,106,993.88. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Masatoshi Koide sold 6,250 shares of the company’s stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $88.00, for a total transaction of $550,000.00. Following the transaction, the chief operating officer now owns 25,037 shares of the company’s stock, valued at approximately $2,203,256. The disclosure for this sale can be found here. In the last quarter, insiders sold 43,921 shares of company stock valued at $3,913,315. 3.00% of the stock is owned by insiders.
A number of institutional investors have recently made changes to their positions in the business. Green Square Capital LLC purchased a new position in AFLAC during the 4th quarter worth $236,000. Cambridge Investment Research Advisors Inc. raised its position in AFLAC by 5.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 59,350 shares of the financial services provider’s stock worth $5,210,000 after buying an additional 2,890 shares during the last quarter. Certified Advisory Corp purchased a new position in AFLAC during the 4th quarter worth $143,000. KCM Investment Advisors LLC raised its position in AFLAC by 7.5% during the 4th quarter. KCM Investment Advisors LLC now owns 14,825 shares of the financial services provider’s stock worth $1,301,000 after buying an additional 1,038 shares during the last quarter. Finally, Penbrook Management LLC purchased a new position in AFLAC during the 4th quarter worth $307,000. Institutional investors own 68.80% of the company’s stock.
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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