Aflac (AFL) Stock Forecast, Price & News

8 Wall Street 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 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 stock. Their AFL share price forecasts range from $66.00 to $80.00. On average, they predict the company's share price to reach $71.22 in the next twelve months. This suggests a possible upside of 10.4% 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 at the start of the year. Since then, AFL stock has decreased by 10.4% and is now trading at $64.49.
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Aflac saw a increase in short interest in May. As of May 15th, there was short interest totaling 11,100,000 shares, an increase of 27.1% from the April 30th total of 8,730,000 shares. Based on an average daily volume of 2,440,000 shares, the days-to-cover ratio is currently 4.5 days. Approximately 2.0% of the shares of the stock are sold short.
View Aflac's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our AFL earnings forecast.

Aflac Incorporated (NYSE:AFL) released its quarterly earnings data on Thursday, April, 27th. The financial services provider reported $1.55 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.15. The financial services provider earned $4.80 billion during the quarter, compared to analysts' expectations of $4.61 billion. Aflac had a net margin of 22.90% and a trailing twelve-month return on equity of 15.25%. The firm's quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.42 earnings per share.
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Aflac declared a quarterly dividend on Wednesday, April 26th. Investors of record on Wednesday, May 17th will be given a dividend of $0.42 per share on Thursday, June 1st. This represents a $1.68 annualized dividend and a dividend yield of 2.61%. The ex-dividend date of this dividend is Tuesday, May 16th.
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), SmartETFs Asia Pacific Dividend Builder ETF (ADIV), AdvisorShares Focused Equity ETF (CWS), 2ndVote Society Defended ETF (EGIS), SmartETFs Dividend Builder ETF (DIVS), First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL), BrandywineGLOBALDynamic US Large Cap Value ETF (DVAL) and Invesco DWA Financial Momentum ETF (PFI).

Aflac (NYSE:AFL) pays an annual dividend of $1.68 per share and currently has a dividend yield of 2.61%. 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 24.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFL will have a dividend payout ratio of 28.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AFL.

Aflac shares split on the morning of Monday, March 19th 2018. The 2-1 split was announced on Tuesday, February 13th 2018. The newly minted shares were payable to shareholders after the market closes 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 stock buyback program on Tuesday, November 8th 2022, which permits the company to buyback 100,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management 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 institutional and retail investors. Top institutional investors include BlackRock Inc. (7.03%), State Street Corp (4.51%), Geode Capital Management LLC (1.97%), First Trust Advisors LP (1.08%), Envestnet Asset Management Inc. (0.93%) and LSV Asset Management (0.88%). Insiders that own company stock include Albert Riggieri, Audrey B Tillman, Barbara K Rimer, Charles D Lake II, Eric M Kirsch, Frederick John Crawford, Georgette D Kiser, James Todd Daniels, Joseph L Moskowitz, June P Howard, Karole Lloyd, Masatoshi Koide, Steven Kent Beaver, Teresa L White, Thomas J Kenny and Toshihiko Fukuzawa.
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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 $64.49.

Aflac (NYSE:AFL) has a market capitalization of $38.97 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 $6.93 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.