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 brokers have issued 1-year price targets for American Financial Group's shares. Their AFG share price forecasts range from $150.00 to $178.00. On average, they expect the company's share price to reach $162.75 in the next year. This suggests a possible upside of 36.3% from the stock's current price.
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American Financial Group's stock was trading at $137.28 at the beginning of the year. Since then, AFG shares have decreased by 13.0% and is now trading at $119.39.
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American Financial Group saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 924,800 shares, a decline of 8.4% from the February 28th total of 1,010,000 shares. Based on an average daily volume of 362,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.2% of the shares of the company are sold short.
View American Financial Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our AFG earnings forecast.

American Financial Group, Inc. (NYSE:AFG) posted its quarterly earnings results on Thursday, February, 2nd. The insurance provider reported $2.99 earnings per share for the quarter, beating analysts' consensus estimates of $2.95 by $0.04. The insurance provider earned $1.62 billion during the quarter, compared to analyst estimates of $1.55 billion. American Financial Group had a trailing twelve-month return on equity of 23.52% and a net margin of 12.76%. The business's revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company posted $4.12 EPS.

American Financial Group announced a None dividend on Wednesday, February 1st. Shareholders of record on Wednesday, February 15th will be given a dividend of $4.00 per share on Tuesday, February 28th. The ex-dividend date of this dividend is Tuesday, February 14th.
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), AdvisorShares Dorsey Wright Alpha Equal Weight ETF (DWEQ), Inspire Faithward Mid Cap Momentum ETF (GLRY), SPDR S&P Insurance ETF (KIE), iShares Focused Value Factor ETF (FOVL), Harbor Dividend Growth Leaders ETF (GDIV), Argent Mid Cap ETF (AMID) 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 2.14%. 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 23.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFG will have a dividend payout ratio of 21.07% 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 FY23 earnings guidance on Wednesday, February, 1st. The company provided earnings per share (EPS) guidance of $11.00-12.00 for the period, compared to the consensus estimate of $12.20.

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 number of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (3.36%), Victory Capital Management Inc. (3.34%), American Financial Group Inc. 401 K Retirement & Savings Plan (3.28%), LSV Asset Management (1.74%), Dimensional Fund Advisors LP (1.32%) and Geode Capital Management LLC (1.28%). 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.
View institutional ownership trends.

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 $119.39.

American Financial Group (NYSE:AFG) has a market capitalization of $10.17 billion and generates $7.04 billion in revenue each year. The insurance provider earns $898 million in net income (profit) each year or $10.53 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.