Zacks Research Has Optimistic Outlook of AFG Q3 Earnings

American Financial Group, Inc. (NYSE:AFG) – Stock analysts at Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for American Financial Group in a report issued on Thursday, March 26th. Zacks Research analyst Team now expects that the insurance provider will earn $2.61 per share for the quarter, up from their previous forecast of $2.60. The consensus estimate for American Financial Group’s current full-year earnings is $10.50 per share.

American Financial Group (NYSE:AFG) last announced its earnings results on Wednesday, February 4th. The insurance provider reported $3.65 EPS for the quarter, beating the consensus estimate of $3.18 by $0.47. The business had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.79 billion. American Financial Group had a return on equity of 18.64% and a net margin of 10.30%.The company’s revenue was down 4.0% on a year-over-year basis. During the same period last year, the business posted $3.12 EPS.

A number of other research firms have also issued reports on AFG. Wells Fargo & Company dropped their price objective on shares of American Financial Group from $165.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. Keefe, Bruyette & Woods raised their price target on shares of American Financial Group from $134.00 to $140.00 and gave the company a “market perform” rating in a report on Wednesday, March 25th. Finally, Weiss Ratings raised shares of American Financial Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 16th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $145.25.

American Financial Group Stock Down 0.2%

NYSE AFG opened at $125.58 on Monday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.38. American Financial Group has a fifty-two week low of $114.73 and a fifty-two week high of $150.02. The business has a 50 day moving average price of $129.35 and a two-hundred day moving average price of $134.55. The stock has a market cap of $10.46 billion, a PE ratio of 12.47 and a beta of 0.69.

American Financial Group Announces Dividend

The firm also recently disclosed a special dividend, which was paid on Wednesday, February 25th. Shareholders of record on Monday, February 16th were issued a dividend of $1.50 per share. The ex-dividend date was Friday, February 13th. American Financial Group’s payout ratio is currently 34.96%.

Insider Activity

In other American Financial Group news, CFO Brian S. Hertzman sold 1,663 shares of the company’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $133.70, for a total value of $222,343.10. Following the transaction, the chief financial officer directly owned 12,073 shares of the company’s stock, valued at $1,614,160.10. This represents a 12.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 17.40% of the stock is currently owned by insiders.

Institutional Trading of American Financial Group

A number of hedge funds and other institutional investors have recently made changes to their positions in AFG. Royal Bank of Canada lifted its holdings in American Financial Group by 11.1% during the 1st quarter. Royal Bank of Canada now owns 75,421 shares of the insurance provider’s stock worth $9,905,000 after buying an additional 7,554 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of American Financial Group in the 1st quarter valued at approximately $2,330,000. Jones Financial Companies Lllp raised its position in shares of American Financial Group by 145.8% during the 1st quarter. Jones Financial Companies Lllp now owns 1,278 shares of the insurance provider’s stock valued at $168,000 after acquiring an additional 758 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of American Financial Group by 50.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 307,874 shares of the insurance provider’s stock valued at $38,857,000 after acquiring an additional 103,826 shares in the last quarter. Finally, American Century Companies Inc. lifted its stake in American Financial Group by 23.0% during the second quarter. American Century Companies Inc. now owns 182,284 shares of the insurance provider’s stock worth $23,006,000 after purchasing an additional 34,027 shares during the last quarter. Institutional investors own 64.37% of the company’s stock.

American Financial Group Company Profile

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.