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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Financial Group in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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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3 Wall Street research analysts have issued 1 year price targets for American Financial Group's stock. Their AFG share price forecasts range from $150.00 to $170.00. On average, they predict the company's stock price to reach $158.33 in the next twelve months. This suggests a possible upside of 35.7% from the stock's current price.
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American Financial Group's stock was trading at $137.28 on January 1st, 2023. Since then, AFG stock has decreased by 15.0% and is now trading at $116.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our AFG earnings forecast.

American Financial Group, Inc. (NYSE:AFG) announced its quarterly earnings data on Tuesday, May, 2nd. The insurance provider reported $2.89 EPS for the quarter, topping the consensus estimate of $2.88 by $0.01. The insurance provider had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.57 billion. American Financial Group had a trailing twelve-month return on equity of 23.44% and a net margin of 11.40%. The company's revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.56 EPS.

American Financial Group announced a quarterly dividend on Monday, April 3rd. Shareholders of record on Friday, April 14th will be given a dividend of $0.63 per share on Tuesday, April 25th. This represents a $2.52 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, April 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), Argent Mid Cap ETF (AMID), Harbor Dividend Growth Leaders ETF (GDIV), Inspire Faithward Mid Cap Momentum ETF (GLRY), AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ), SPDR S&P Insurance ETF (KIE), iShares Focused Value Factor ETF (FOVL) and ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL).

American Financial Group (NYSE:AFG) pays an annual dividend of $2.52 per share and currently has a dividend yield of 2.24%. 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 26.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFG will have a dividend payout ratio of 20.95% 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 issued an update on its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $11.00-$12.00 for the period, compared to the consensus estimate of $11.99. 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."

American Financial Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.33%), FMR LLC (5.08%), Victory Capital Management Inc. (3.87%), American Financial Group Inc. 401 K Retirement & Savings Plan (3.41%), State Street Corp (3.27%) and LSV Asset Management (1.68%). Insiders that own company stock include Brian S Hertzman, Carl H Lindner III, Carl H Lindner III, James E Evans, John B Berding, John B Berding, Kenneth C Ambrecht, Lehman John I Von, S Craig Lindner, Terry S Jacobs, Terry S Jacobs and Vito C Peraino.
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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 $116.66.

American Financial Group (NYSE:AFG) has a market capitalization of $9.94 billion and generates $7.04 billion in revenue each year. The insurance provider earns $898 million in net income (profit) each year or $9.62 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.