American Financial Group (NYSE:AFG) Earns News Sentiment Rating of 0.11

Media headlines about American Financial Group (NYSE:AFG) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. American Financial Group earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 48.0567352336542 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

American Financial Group (NYSE:AFG) opened at 105.47 on Friday. The company has a 50 day moving average price of $103.01 and a 200-day moving average price of $100.65. American Financial Group has a 12 month low of $73.38 and a 12 month high of $106.52. The company has a market cap of $9.28 billion, a PE ratio of 11.89 and a beta of 0.84.

American Financial Group (NYSE:AFG) last issued its quarterly earnings data on Tuesday, August 1st. The insurance provider reported $1.61 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.30 by $0.31. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.12 billion. American Financial Group had a return on equity of 11.66% and a net margin of 11.89%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.28 earnings per share. Equities analysts predict that American Financial Group will post $6.00 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 25th. Stockholders of record on Friday, October 13th were paid a dividend of $0.35 per share. This is a boost from American Financial Group’s previous quarterly dividend of $0.31. The ex-dividend date was Thursday, October 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.33%. American Financial Group’s dividend payout ratio is currently 15.75%.

Several equities research analysts have issued reports on AFG shares. Zacks Investment Research downgraded American Financial Group from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub cut American Financial Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $100.67.

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In other news, CEO S Craig Lindner sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The stock was sold at an average price of $104.27, for a total transaction of $2,606,750.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michelle A. Gillis sold 2,051 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $104.88, for a total value of $215,108.88. Following the transaction, the insider now directly owns 17,939 shares in the company, valued at approximately $1,881,442.32. The disclosure for this sale can be found here. Corporate insiders own 14.90% of the company’s stock.

American Financial Group Company Profile

American Financial Group, Inc (AFG) is a holding company engaged primarily in property and casualty insurance businesses. The Company, through Great American Insurance Group, focuses on commercial products for businesses, and is engaged in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

Insider Buying and Selling by Quarter for American Financial Group (NYSE:AFG)

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