FY2026 Earnings Forecast for AFG Issued By DOWLING & PARTN

Key Points

• DOWLING & PARTN forecasts American Financial Group will earn $12.75 per share in FY2026, above the $12.17 consensus estimate; estimates are $12.50 for FY2027 and $13.00 for FY2028.
• AFG recently exceeded quarterly expectations, reporting $2.82 EPS versus $2.32 expected and $2.03 billion in revenue versus $1.85 billion, with revenue up 5.5% year over year.
• The company raised its quarterly dividend to $0.97 per share, or $3.88 annualized, representing a 2.8% yield; analysts maintain a consensus “Hold” rating with a $156 average price target.

American Financial Group, Inc. (NYSE:AFG - Free Report) - Research analysts at DOWLING & PARTN issued their FY2026 earnings estimates for shares of American Financial Group in a research report issued on Tuesday, September 29th. DOWLING & PARTN analyst J. Christiana anticipates that the insurance provider will post earnings of $12.75 per share for the year. The consensus estimate for American Financial Group's current full-year earnings is $12.17 per share. DOWLING & PARTN also issued estimates for American Financial Group's FY2027 earnings at $12.50 EPS and FY2028 earnings at $13.00 EPS.

Several other brokerages have also issued reports on AFG. Piper Sandler increased their target price on shares of American Financial Group from $140.00 to $156.00 and gave the stock a "neutral" rating in a research note on Monday, August 10th. Weiss Ratings raised American Financial Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, August 11th. Wells Fargo & Company boosted their price objective on American Financial Group from $158.00 to $173.00 and gave the company an "overweight" rating in a report on Thursday, July 9th. Keefe, Bruyette & Woods upped their target price on American Financial Group from $148.00 to $153.00 and gave the stock a "market perform" rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen lowered shares of American Financial Group from a "buy" rating to a "hold" rating in a research note on Saturday, September 12th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $156.00.

American Financial Group Stock Up 1.0%

Shares of American Financial Group stock opened at $138.09 on Friday. The stock's 50-day moving average is $142.71 and its 200 day moving average is $136.79. American Financial Group has a one year low of $123.09 and a one year high of $150.02. The firm has a market cap of $11.45 billion, a price-to-earnings ratio of 12.07 and a beta of 0.59. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.49 and a quick ratio of 0.49.

American Financial Group (NYSE:AFG - Get Free Report) last announced its earnings results on Tuesday, August 4th. The insurance provider reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.50. The business had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.85 billion. American Financial Group had a net margin of 11.51% and a return on equity of 20.35%. American Financial Group's quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.14 earnings per share.

Institutional Trading of American Financial Group

Several hedge funds and other institutional investors have recently modified their holdings of AFG. Louisiana State Employees Retirement System bought a new stake in shares of American Financial Group during the 1st quarter worth $2,567,000. First Trust Advisors LP increased its stake in American Financial Group by 433.2% in the first quarter. First Trust Advisors LP now owns 316,974 shares of the insurance provider's stock valued at $40,481,000 after acquiring an additional 257,522 shares during the last quarter. Bank of Nova Scotia purchased a new stake in American Financial Group during the second quarter valued at about $6,760,000. Y Intercept Hong Kong Ltd raised its position in American Financial Group by 281.1% during the first quarter. Y Intercept Hong Kong Ltd now owns 28,243 shares of the insurance provider's stock valued at $3,607,000 after purchasing an additional 20,832 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in American Financial Group during the second quarter worth about $1,121,000. Institutional investors own 64.37% of the company's stock.

Insider Activity at American Financial Group

In related news, CFO Brian Hertzman sold 950 shares of American Financial Group stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $142.87, for a total transaction of $135,726.50. Following the sale, the chief financial officer directly owned 11,123 shares in the company, valued at approximately $1,589,143.01. This trade represents a 7.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Mark Weiss sold 2,813 shares of the business's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $144.76, for a total transaction of $407,209.88. Following the completion of the transaction, the vice president owned 6,648 shares in the company, valued at approximately $962,364.48. The trade was a 29.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 16.90% of the company's stock.

American Financial Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 23rd. Shareholders of record on Thursday, October 15th will be given a dividend of $0.97 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $3.88 annualized dividend and a dividend yield of 2.8%. This is an increase from American Financial Group's previous quarterly dividend of $0.88. American Financial Group's payout ratio is 30.77%.

About American Financial Group

American Financial Group, Inc is an insurance holding company headquartered in Cincinnati, Ohio. Through its Great American Insurance Group businesses, the company primarily provides property and casualty insurance products, with an emphasis on specialty commercial markets that require specialized underwriting expertise.

Its insurance offerings include coverage for commercial transportation, agriculture, workers' compensation, excess and surplus risks, environmental exposures, inland marine, and other niche industries.

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