Headlines about American Financial Group (NYSE:AFG) have been trending positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Financial Group earned a media sentiment score of 0.35 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 46.7057291679503 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of American Financial Group (AFG) traded down $0.45 on Tuesday, hitting $108.91. The stock had a trading volume of 38,658 shares, compared to its average volume of 350,569. The company has a market cap of $9,621.98, a P/E ratio of 20.63, a PEG ratio of 1.10 and a beta of 0.82. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.24. American Financial Group has a 12-month low of $91.53 and a 12-month high of $121.69.
American Financial Group (NYSE:AFG) last issued its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $2.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.67 by $0.53. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Financial Group had a return on equity of 11.10% and a net margin of 6.92%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $1.98 EPS. equities research analysts expect that American Financial Group will post 8.2 EPS for the current year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, January 25th. Stockholders of record on Monday, January 15th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Thursday, January 11th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.29%. American Financial Group’s dividend payout ratio (DPR) is presently 26.42%.
Several research analysts have commented on AFG shares. Sandler O’Neill restated a “buy” rating and issued a $119.00 target price on shares of American Financial Group in a research note on Wednesday, January 10th. ValuEngine upgraded American Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Bank of America raised their target price on American Financial Group from $120.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, February 1st. Finally, Zacks Investment Research downgraded American Financial Group from a “buy” rating to a “hold” rating in a research note on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $116.75.
In other news, CEO Carl H. Lindner III sold 150,000 shares of American Financial Group stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $104.71, for a total transaction of $15,706,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Vito C. Peraino sold 51,000 shares of American Financial Group stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $113.86, for a total value of $5,806,860.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 252,438 shares of company stock valued at $26,973,714. Corporate insiders own 13.70% of the company’s stock.
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About American Financial Group
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.
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