Aflac Inc. (NYSE:AFL) – Equities researchers at FBR & Co issued their FY2018 earnings estimates for shares of Aflac in a report issued on Wednesday. FBR & Co analyst R. Binner anticipates that the brokerage will post earnings of $7.25 per share for the year. FBR & Co has a “Hold” rating on the stock.

Aflac (NYSE:AFL) last announced its quarterly earnings results on Thursday, October 27th. The company reported $1.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $0.08. The business earned $5.72 billion during the quarter, compared to analysts’ expectations of $5.75 billion. Aflac had a return on equity of 13.72% and a net margin of 12.03%. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.32 EPS.

Earnings History and Estimates for Aflac (NYSE:AFL)

AFL has been the topic of several other research reports. Zacks Investment Research raised Aflac from a “hold” rating to a “buy” rating and set a $82.00 target price on the stock in a research note on Tuesday, July 26th. Vetr raised Aflac from a “hold” rating to a “buy” rating and set a $74.76 target price on the stock in a research note on Monday, October 17th. Credit Suisse Group AG began coverage on Aflac in a research note on Friday, October 7th. They issued an “underperform” rating and a $75.00 target price on the stock. Wells Fargo & Co. began coverage on Aflac in a research note on Friday, September 23rd. They issued a “market perform” rating on the stock. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $73.00 target price (down previously from $75.00) on shares of Aflac in a research note on Monday, August 1st. Two analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $70.21.

Shares of Aflac (NYSE:AFL) traded down 0.87% during midday trading on Thursday, hitting $72.61. The company had a trading volume of 1,845,929 shares. The firm’s 50-day moving average is $70.73 and its 200-day moving average is $71.09. Aflac has a 12-month low of $54.57 and a 12-month high of $74.50. The firm has a market capitalization of $29.63 billion, a P/E ratio of 11.51 and a beta of 1.07.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Wednesday, November 16th will be paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 2.37%. This is an increase from Aflac’s previous quarterly dividend of $0.41. The ex-dividend date is Monday, November 14th. Aflac’s dividend payout ratio (DPR) is currently 26.03%.

In other news, insider Teresa L. White sold 35,734 shares of Aflac stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $74.28, for a total transaction of $2,654,321.52. Following the completion of the transaction, the insider now directly owns 29,633 shares in the company, valued at approximately $2,201,139.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Audrey B. Tillman sold 18,856 shares of Aflac stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $73.50, for a total value of $1,385,916.00. Following the transaction, the insider now owns 43,087 shares of the company’s stock, valued at $3,166,894.50. The disclosure for this sale can be found here. 3.90% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Lbmc Investment Advisors LLC increased its position in shares of Aflac by 0.4% in the third quarter. Lbmc Investment Advisors LLC now owns 3,041 shares of the company’s stock valued at $219,000 after buying an additional 11 shares in the last quarter. Sunbelt Securities Inc. increased its position in shares of Aflac by 0.6% in the second quarter. Sunbelt Securities Inc. now owns 3,266 shares of the company’s stock valued at $236,000 after buying an additional 19 shares in the last quarter. FTB Advisors Inc. increased its position in shares of Aflac by 0.5% in the third quarter. FTB Advisors Inc. now owns 4,841 shares of the company’s stock valued at $345,000 after buying an additional 26 shares in the last quarter. Palisade Capital Management LLC NJ increased its position in shares of Aflac by 0.6% in the second quarter. Palisade Capital Management LLC NJ now owns 5,430 shares of the company’s stock valued at $392,000 after buying an additional 30 shares in the last quarter. Finally, Haverford Trust Co. increased its position in shares of Aflac by 0.3% in the second quarter. Haverford Trust Co. now owns 10,722 shares of the company’s stock valued at $774,000 after buying an additional 35 shares in the last quarter. Institutional investors own 62.97% of the company’s stock.

Aflac Company Profile

Aflac Incorporated is a business holding company. The Company engaged in is supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). Aflac’s insurance business consists of two segments: Aflac Japan and Aflac U.S.

5 Day Chart for NYSE:AFL

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