American Financial Group (AFG) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Financial Group in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AFG, but not buy additional shares or sell existing shares.
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4 brokerages have issued 12 month target prices for American Financial Group's stock. Their AFG share price forecasts range from $120.00 to $155.00. On average, they predict the company's share price to reach $143.75 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price.
View analysts price targets for AFG or view top-rated stocks among Wall Street analysts.

American Financial Group's stock was trading at $137.28 at the beginning of the year. Since then, AFG stock has decreased by 19.9% and is now trading at $109.96.
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American Financial Group saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,100,000 shares, an increase of 38.5% from the August 31st total of 794,100 shares. Based on an average trading volume of 370,000 shares, the short-interest ratio is presently 3.0 days. Approximately 1.4% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our AFG earnings forecast.

American Financial Group, Inc. (NYSE:AFG) posted its quarterly earnings data on Thursday, August, 3rd. The insurance provider reported $2.38 earnings per share for the quarter, missing analysts' consensus estimates of $2.85 by $0.47. The insurance provider had revenue of $1.84 billion for the quarter, compared to analyst estimates of $1.85 billion. American Financial Group had a trailing twelve-month return on equity of 22.51% and a net margin of 11.38%. During the same quarter in the previous year, the business earned $2.85 EPS.

American Financial Group announced a quarterly dividend on Monday, July 3rd. Investors of record on Friday, July 14th will be given a dividend of $0.63 per share on Tuesday, July 25th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, July 13th.
Read our dividend analysis for AFG.

ETFs with the largest weight of American Financial Group (NYSE:AFG) stock in their portfolio include Invesco KBW Property & Casualty Insurance ETF (KBWP), Inspire Faithward Mid Cap Momentum ETF (GLRY), Argent Mid Cap ETF (AMID), SPDR S&P Insurance ETF (KIE), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap Quality ETF (XMHQ), Invesco S&P MidCap Momentum ETF (XMMO) and Invesco S&P MidCap Low Volatility ETF (XMLV).

American Financial Group (NYSE:AFG) pays an annual dividend of $2.52 per share and currently has a dividend yield of 2.26%. The company has been increasing its dividend for 17 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFG will have a dividend payout ratio of 21.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AFG.

American Financial Group updated its FY 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $10.15-$11.15 for the period, compared to the consensus earnings per share estimate of $11.68. The company issued revenue guidance of -.

15 employees have rated American Financial Group Chief Executive Officer Carl H. Lindner III and S. Craig Lindner on Glassdoor.com. Carl H. Lindner III and S. Craig Lindner has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Financial Group investors own include Intel (INTC), Johnson & Johnson (JNJ), AbbVie (ABBV), Pfizer (PFE), AT&T (T), Abbott Laboratories (ABT), Exxon Mobil (XOM), Chevron (CVX), McDonald's (MCD) and Verizon Communications (VZ).

American Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AFG."

Shares of AFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AFG stock can currently be purchased for approximately $109.96.

American Financial Group (NYSE:AFG) has a market capitalization of $9.33 billion and generates $7.04 billion in revenue each year. The insurance provider earns $898 million in net income (profit) each year or $10.00 on an earnings per share basis.

The company employs 6,900 workers across the globe.

American Financial Group's mailing address is 301 East Fourth Street, Cincinnati OH, 45202. The official website for the company is www.afginc.com. The insurance provider can be reached via phone at (513) 579-2121, via email at afginvestorrelations@amfin.com, or via fax at 513-579-2113.