Zacks Research Brokers Reduce Earnings Estimates for AFG

American Financial Group, Inc. (NYSE:AFG) – Research analysts at Zacks Research decreased their Q1 2027 earnings per share estimates for shares of American Financial Group in a report issued on Tuesday, December 2nd. Zacks Research analyst Team now forecasts that the insurance provider will post earnings per share of $2.72 for the quarter, down from their previous forecast of $2.73. The consensus estimate for American Financial Group’s current full-year earnings is $10.50 per share. Zacks Research also issued estimates for American Financial Group’s Q2 2027 earnings at $3.02 EPS.

American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Wednesday, November 5th. The insurance provider reported $2.69 earnings per share for the quarter, topping analysts’ consensus estimates of $2.35 by $0.34. The company had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.02 billion. American Financial Group had a net margin of 9.66% and a return on equity of 18.05%. The firm’s quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the firm earned $2.31 EPS.

A number of other brokerages have also issued reports on AFG. Keefe, Bruyette & Woods cut their price target on shares of American Financial Group from $127.00 to $124.00 and set a “market perform” rating on the stock in a report on Tuesday, August 12th. Weiss Ratings reissued a “buy (b-)” rating on shares of American Financial Group in a research note on Monday, December 1st. Jefferies Financial Group restated a “hold” rating and set a $142.00 price target on shares of American Financial Group in a report on Tuesday, November 11th. Piper Sandler increased their price objective on American Financial Group from $130.00 to $139.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Wall Street Zen upgraded American Financial Group from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, American Financial Group has an average rating of “Hold” and an average target price of $135.00.

American Financial Group Stock Performance

Shares of AFG stock opened at $132.46 on Friday. The firm’s 50-day simple moving average is $137.69 and its two-hundred day simple moving average is $132.41. American Financial Group has a 52 week low of $114.73 and a 52 week high of $150.02. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.55 and a current ratio of 0.55. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 13.91 and a beta of 0.69.

American Financial Group Announces Dividend

The company also recently announced a special dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 17th were paid a $2.00 dividend. The ex-dividend date was Monday, November 17th. American Financial Group’s dividend payout ratio (DPR) is presently 36.97%.

Insider Buying and Selling at American Financial Group

In related news, CFO Brian S. Hertzman sold 1,777 shares of the company’s stock in a transaction on Friday, November 7th. The stock was sold at an average price of $142.51, for a total value of $253,240.27. Following the sale, the chief financial officer directly owned 11,300 shares of the company’s stock, valued at $1,610,363. This represents a 13.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 17.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Hantz Financial Services Inc. boosted its stake in American Financial Group by 421.1% during the second quarter. Hantz Financial Services Inc. now owns 198 shares of the insurance provider’s stock worth $25,000 after acquiring an additional 160 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of American Financial Group during the second quarter valued at approximately $27,000. Alpine Bank Wealth Management purchased a new position in shares of American Financial Group during the third quarter valued at approximately $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of American Financial Group in the 1st quarter worth approximately $34,000. Finally, Root Financial Partners LLC purchased a new stake in shares of American Financial Group in the 3rd quarter worth approximately $34,000. 64.37% of the stock is currently owned by institutional investors.

American Financial Group Company Profile

American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers’ compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance.