Aflac - AFL Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aflac in the last twelve months. There are currently 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AFL, but not buy additional shares or sell existing shares.
View AFL analyst ratings or view top-rated stocks.

8 equities research analysts have issued 12 month price objectives for Aflac's shares. Their AFL share price forecasts range from $66.00 to $80.00. On average, they predict the company's stock price to reach $71.75 in the next year. This suggests a possible upside of 14.1% from the stock's current price.
View analysts price targets for AFL or view top-rated stocks among Wall Street analysts.

Aflac's stock was trading at $71.94 on January 1st, 2023. Since then, AFL stock has decreased by 12.6% and is now trading at $62.88.
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Aflac saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 9,080,000 shares, a drop of 11.8% from the February 13th total of 10,290,000 shares. Based on an average daily volume of 2,590,000 shares, the short-interest ratio is currently 3.5 days. Currently, 1.6% of the shares of the company are sold short.
View Aflac's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our AFL earnings forecast.

Aflac Incorporated (NYSE:AFL) issued its earnings results on Thursday, February, 2nd. The financial services provider reported $1.29 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.08. The financial services provider had revenue of $4.01 billion for the quarter, compared to the consensus estimate of $4.49 billion. Aflac had a net margin of 21.54% and a trailing twelve-month return on equity of 13.69%. The firm's revenue was down 26.2% compared to the same quarter last year. During the same period last year, the firm posted $1.28 earnings per share.
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Aflac announced a quarterly dividend on Tuesday, November 8th. Stockholders of record on Wednesday, February 15th will be given a dividend of $0.42 per share on Wednesday, March 1st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date of this dividend is Tuesday, February 14th. This is an increase from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for AFL.

ETFs with the largest weight of Aflac (NYSE:AFL) stock in their portfolio include iShares U.S. Insurance ETF (IAK), Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), AdvisorShares Focused Equity ETF (CWS), SmartETFs Asia Pacific Dividend Builder ETF (ADIV), 2ndVote Society Defended ETF (EGIS), Core Alternative ETF (CCOR), SmartETFs Dividend Builder ETF (DIVS) and First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL).

Aflac (NYSE:AFL) pays an annual dividend of $1.68 per share and currently has a dividend yield of 2.69%. The company has been increasing its dividend for 40 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFL will have a dividend payout ratio of 28.19% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AFL.

Aflac's stock split before market open on Monday, March 19th 2018. The 2-1 split was announced on Tuesday, February 13th 2018. The newly issued shares were issued to shareholders after the closing bell on Friday, March 16th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Aflac announced that its board has approved a share buyback plan on Tuesday, November 8th 2022, which permits the company to repurchase 100,000,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

435 employees have rated Aflac Chief Executive Officer Dan Amos on Glassdoor.com. Dan Amos has an approval rating of 93% among the company's employees. This puts Dan Amos in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 68.0% of employees surveyed would recommend working at Aflac to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Aflac investors own include AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Exxon Mobil (XOM), Pfizer (PFE), McDonald's (MCD), Medtronic (MDT), Cisco Systems (CSCO), Intel (INTC) and Verizon Communications (VZ).

Aflac trades on the New York Stock Exchange (NYSE) under the ticker symbol "AFL."

Aflac's stock is owned by a number of retail and institutional investors. Top institutional investors include Wells Fargo & Company MN (2.63%), Geode Capital Management LLC (1.90%), Morgan Stanley (1.42%), LSV Asset Management (0.91%), Alliancebernstein L.P. (0.90%) and Legal & General Group Plc (0.80%). Insiders that own company stock include Albert Riggieri, Audrey B Tillman, Barbara K Rimer, Charles D Lake II, Eric M Kirsch, Georgette D Kiser, James Todd Daniels, Joseph L Moskowitz, June P Howard, Karole Lloyd, Masatoshi Koide, Teresa L White, Thomas J Kenny and Toshihiko Fukuzawa.
View institutional ownership trends.

Shares of AFL 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 AFL stock can currently be purchased for approximately $62.88.

Aflac (NYSE:AFL) has a market capitalization of $38.46 billion and generates $19.50 billion in revenue each year. The financial services provider earns $4.20 billion in net income (profit) each year or $6.57 on an earnings per share basis.

The company employs 12,882 workers across the globe.

Aflac's mailing address is 1932 WYNNTON ROAD, COLUMBUS GA, 31999. The official website for the company is www.aflac.com. The financial services provider can be reached via phone at (706) 323-3431, via email at rwilkey@aflac.com, or via fax at 706-324-6330.