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Aflac (AFL) Stock Price, News & Analysis

$88.79
+0.44 (+0.50%)
(As of 06/7/2024 ET)
Today's Range
$88.08
$89.29
50-Day Range
$79.64
$89.87
52-Week Range
$66.58
$89.91
Volume
1.68 million shs
Average Volume
1.83 million shs
Market Capitalization
$50.45 billion
P/E Ratio
9.80
Dividend Yield
2.25%
Price Target
$82.38

Aflac MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.2% Downside
$82.38 Price Target
Short Interest
Bearish
2.89% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.15
Upright™ Environmental Score
News Sentiment
1.22mentions of Aflac in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$3.10 M Sold Last Quarter
Proj. Earnings Growth
6.81%
From $6.46 to $6.90 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Finance Sector

274th out of 823 stocks

Accident & Health Insurance Industry

3rd out of 4 stocks

AFL stock logo

About Aflac Stock (NYSE:AFL)

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

AFL Stock Price History

AFL Stock News Headlines

4 Stocks Making New Highs Despite Market Weakness (AFL)
While the market faced challenges on Friday, Birkenstock, NetApp, Eli Lilly, and Aflac showed notable strength by achieving new 52-week highs.
Four Stocks Making New Highs Despite Market Weakness
Despite the market's dramatic sell-off on Friday, some stocks showed impressive strength by making new 52-week highs. While big tech led the market decline, these four stocks, Birkenstock, NetApp, Eli Lilly, and Aflac, demonstrated resilience and robust performance, along with displaying overall relative strength to the market and their respective sectors.
How to Buy Dental Insurance
Aflac Global Investments To Acquire Stake In TreeLine Capital
Piper Sandler maintains 'Overweight' on AFLAC
See More Headlines

Company Calendar

Last Earnings
5/06/2024
Ex-Dividend for 6/3 Dividend
5/21/2024
Dividend Payable
6/03/2024
Today
6/08/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Accident & health insurance
Sub-Industry
Life & Health Insurance
CUSIP
00105510
CIK
4977
Employees
12,785
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$82.38
High Stock Price Target
$95.00
Low Stock Price Target
$74.00
Potential Upside/Downside
-7.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
12 Analysts

Profitability

Net Income
$4.66 billion
Pretax Margin
31.50%

Debt

Sales & Book Value

Annual Sales
$18.70 billion
Cash Flow
$7.82 per share
Book Value
$37.62 per share

Miscellaneous

Free Float
563,108,000
Market Cap
$50.45 billion
Optionable
Optionable
Beta
0.96

Social Links

Key Executives

Should I Buy Aflac Stock? AFL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Aflac Incorporated:

  • Aflac's stock price has shown resilience during market downturns, making it a potential safe haven investment during volatile times.
  • The company has a strong track record of consistently paying dividends, providing investors with a reliable income stream.
  • Aflac's focus on insurance products, particularly in the supplemental health and life insurance sectors, positions it well for long-term growth due to increasing healthcare needs.
  • The company's solid financial health, indicated by a low debt-to-equity ratio, provides stability and reduces the risk for investors.
  • Aflac's international presence diversifies its revenue streams, reducing dependency on any single market and potentially mitigating geopolitical risks.

Cons

Investors should be bearish about investing in Aflac Incorporated for these reasons:

  • Aflac's business is sensitive to interest rate fluctuations, which can impact its investment income and profitability.
  • The company faces regulatory risks in the insurance industry, with changes in laws and regulations potentially affecting its operations and profitability.
  • Aflac's heavy reliance on the Japanese market exposes it to currency exchange rate risks, which can impact its financial performance.
  • Competition in the insurance sector is intense, leading to pricing pressures and potential challenges in maintaining market share and profitability.
  • Economic downturns can negatively impact Aflac's business, as consumers may reduce discretionary spending on insurance products during tough times.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, June 5, 2024. Please send any questions or comments about these Aflac pros and cons to contact@marketbeat.com.

AFL Stock Analysis - Frequently Asked Questions

Should I buy or sell Aflac stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Aflac in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 2 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.

What is Aflac's stock price target for 2024?

12 Wall Street analysts have issued 1-year price objectives for Aflac's stock. Their AFL share price targets range from $74.00 to $95.00. On average, they anticipate the company's share price to reach $82.38 in the next year. This suggests that the stock has a possible downside of 7.2%.
View analysts price targets for AFL
or view top-rated stocks among Wall Street analysts.

How have AFL shares performed in 2024?

Aflac's stock was trading at $82.50 at the beginning of 2024. Since then, AFL stock has increased by 7.6% and is now trading at $88.79.
View the best growth stocks for 2024 here
.

Are investors shorting Aflac?

Aflac saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 14,820,000 shares, an increase of 16.0% from the April 30th total of 12,780,000 shares. Based on an average daily trading volume, of 2,200,000 shares, the short-interest ratio is currently 6.7 days. Approximately 2.9% of the company's stock are short sold.
View Aflac's Short Interest
.

When is Aflac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our AFL earnings forecast
.

How were Aflac's earnings last quarter?

Aflac Incorporated (NYSE:AFL) posted its quarterly earnings data on Monday, May, 6th. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.08. The financial services provider earned $5.44 billion during the quarter, compared to the consensus estimate of $4.09 billion. Aflac had a net margin of 27.67% and a trailing twelve-month return on equity of 16.88%. The company's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business earned $1.55 EPS.
Read the conference call transcript
.

How often does Aflac pay dividends? What is the dividend yield for Aflac?

Aflac declared a quarterly dividend on Wednesday, May 1st. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.50 per share on Monday, June 3rd. This represents a $2.00 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Tuesday, May 21st. This is an increase from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for AFL
.

Is Aflac a good dividend stock?

Aflac (NYSE:AFL) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.26%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AFL will have a dividend payout ratio of 28.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AFL.

When did Aflac's stock split?

Aflac's stock split on Monday, March 19th 2018. The 2-1 split was announced on Tuesday, February 13th 2018. The newly issued shares were payable 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.

How will Aflac's stock buyback program work?

Aflac declared that its Board of Directors has authorized a stock repurchase program on Tuesday, November 8th 2022, which authorizes the company to repurchase 100,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its stock is undervalued.

What is Dan Amos' approval rating as Aflac's CEO?

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.

What other stocks do shareholders of Aflac own?

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).

Who are Aflac's major shareholders?

Aflac's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.10%), LSV Asset Management (0.79%), Bank of New York Mellon Corp (0.66%), Guinness Asset Management LTD (0.38%), ProShare Advisors LLC (0.37%) and Nordea Investment Management AB (0.31%). Insiders that own company stock include Albert Riggieri, Arthur Reginald Collins, Audrey B Tillman, Barbara K Rimer, Charles D Lake II, Eric M Kirsch, Frederick John Crawford, James Todd Daniels, Joseph L Moskowitz, June P Howard, Karole Lloyd, Masatoshi Koide, Steven Kent Beaver, Teresa L White, Thomas J Kenny, Toshihiko Fukuzawa, Virgil Raynard Miller and William P Bowers.
View institutional ownership trends
.

How do I buy shares of Aflac?

Shares of AFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Aflac have any subsidiaries?
The following companies are subsidiares of Aflac: AGV Management Services Japan KK, Aflac Asset Management Japan Ltd., Aflac Asset Management LLC, Aflac Benefits Advisors, Aflac Corporate Ventures LLC, Aflac Global Ventures LLC, Aflac Heartful Services Co., Aflac Holdings LLC, Aflac InfoSec Services LLC, Aflac Information Technology, Aflac Innovation Partners G.K., Aflac Insurance Services Co., Aflac Insurance Services Co. Ltd., Aflac International, Aflac Life Insurance Japan Ltd., Aflac Northern Ireland Ltd., Aflac Payment Services Co., Aflac Ventures India Fund LLC, Aflac Ventures LLC, Aflac Ventures Labs LLC, Aflac Ventures Seed Fund LLC, American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York, Apollo AF Loan Trust, Argus Dental & Vision Inc, Argus Holdings LLC, Communicorp, Continental American Group, Continental American Insurance Company, Empowered.Insure LLC, Empoweredbenefits, Empoweredbenefits LLC, Global Alternatives Private Equity Sub-Trust A, Global Investment Fund I, Hatch Healthcare KK, Hatch Insight KK, Lapetus Solutions Inc., Medical Note Inc., NIO Innovative Technologies Ltd., Octagon Delaware Trust, Picwell Inc., SUDACHI Small-amount Short-term Preparation Company Ltd., Sensely Corporation, Simple Technology LLC, Tier One Insurance Company, Tsusan Co. Ltd., Varagon Capital Management MGP LLC, Varagon Capital Partners L.P., Wellthie Inc., and Zurich North America’s U.S..
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This page (NYSE:AFL) was last updated on 6/8/2024 by MarketBeat.com Staff

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