FY2026 Earnings Forecast for Aflac Issued By DOWLING & PARTN

Aflac Incorporated (NYSE:AFL) – Equities researchers at DOWLING & PARTN issued their FY2026 earnings per share estimates for shares of Aflac in a research note issued to investors on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will post earnings of $7.10 per share for the year. The consensus estimate for Aflac’s current full-year earnings is $7.08 per share. DOWLING & PARTN also issued estimates for Aflac’s FY2027 earnings at $7.55 EPS and FY2028 earnings at $8.05 EPS.

AFL has been the topic of several other reports. Weiss Ratings raised Aflac from a “buy (b-)” rating to a “buy (a-)” rating in a research report on Friday, May 15th. Evercore raised Aflac from a “strong sell” rating to a “strong-buy” rating in a research report on Thursday, April 9th. Piper Sandler reissued an “overweight” rating and issued a $130.00 price target (up from $125.00) on shares of Aflac in a research report on Tuesday. Morgan Stanley boosted their price target on Aflac from $120.00 to $125.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 21st. Finally, Wells Fargo & Company dropped their price target on Aflac from $116.00 to $111.00 and set an “equal weight” rating on the stock in a research report on Tuesday, May 5th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $112.27.

Aflac Stock Performance

Aflac stock opened at $114.81 on Thursday. The stock’s 50 day simple moving average is $112.93 and its two-hundred day simple moving average is $111.79. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.11 and a current ratio of 0.11. The stock has a market cap of $58.43 billion, a price-to-earnings ratio of 13.03, a PEG ratio of 2.05 and a beta of 0.62. Aflac has a fifty-two week low of $96.95 and a fifty-two week high of $119.81.

Aflac (NYSE:AFL) last posted its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share for the quarter, missing the consensus estimate of $1.80 by ($0.05). The firm had revenue of $4.24 billion for the quarter, compared to the consensus estimate of $4.20 billion. Aflac had a net margin of 25.60% and a return on equity of 13.88%. The business’s revenue was up 27.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.66 earnings per share.

Hedge Funds Weigh In On Aflac

A number of hedge funds have recently added to or reduced their stakes in the company. Stephens Inc. AR raised its holdings in Aflac by 0.4% in the 4th quarter. Stephens Inc. AR now owns 21,945 shares of the financial services provider’s stock worth $2,420,000 after acquiring an additional 91 shares during the last quarter. Compound Planning Inc. raised its holdings in Aflac by 0.7% in the 1st quarter. Compound Planning Inc. now owns 13,743 shares of the financial services provider’s stock worth $1,508,000 after acquiring an additional 91 shares during the last quarter. Root Financial Partners LLC raised its holdings in Aflac by 4.5% in the 4th quarter. Root Financial Partners LLC now owns 2,119 shares of the financial services provider’s stock worth $234,000 after acquiring an additional 92 shares during the last quarter. CENTRAL TRUST Co raised its holdings in Aflac by 0.5% in the 4th quarter. CENTRAL TRUST Co now owns 19,088 shares of the financial services provider’s stock worth $2,105,000 after acquiring an additional 95 shares during the last quarter. Finally, HBK Sorce Advisory LLC raised its holdings in Aflac by 1.2% in the 4th quarter. HBK Sorce Advisory LLC now owns 7,702 shares of the financial services provider’s stock worth $902,000 after acquiring an additional 95 shares during the last quarter. 67.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Thomas J. Kenny sold 1,740 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $116.57, for a total value of $202,831.80. Following the completion of the transaction, the director directly owned 13,219 shares in the company, valued at $1,540,938.83. The trade was a 11.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Steven Kent Beaver sold 5,508 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $117.81, for a total transaction of $648,897.48. Following the completion of the transaction, the executive vice president owned 40,537 shares of the company’s stock, valued at approximately $4,775,663.97. The trade was a 11.96% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 881,036 shares of company stock valued at $99,703,131. 0.80% of the stock is owned by company insiders.

Aflac Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 20th will be given a $0.61 dividend. This represents a $2.44 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Wednesday, May 20th. Aflac’s payout ratio is currently 27.70%.

Key Headlines Impacting Aflac

Here are the key news stories impacting Aflac this week:

• Positive Sentiment: DOWLING & PARTN raised long-term earnings expectations for Aflac, estimating FY2026 EPS at $7.10, FY2027 EPS at $7.55, and FY2028 EPS at $8.05, which is above the current full-year consensus of $7.08 and suggests room for stronger profit growth. Aflac stock report
• Positive Sentiment: Aflac’s quarterly dividend of $0.61 per share, payable June 1, reinforces the company’s appeal as a steady income stock and may help support investor demand. Aflac stock report
• Neutral Sentiment: Analyst sentiment remains mixed overall, with a consensus “Hold” rating and an average price target of $112.27, suggesting Wall Street sees limited near-term upside despite Aflac’s stable fundamentals. Aflac stock report
• Negative Sentiment: EVP Steven Kent Beaver sold 5,508 shares, continuing a recent pattern of insider reductions that can make investors question near-term confidence. Steven Kent Beaver Sells 5,508 Shares of Aflac (NYSE:AFL) Stock
• Negative Sentiment: Major shareholder Post Holdings Co. Ltd. Japan also sold another 30,400 shares, adding to multiple recent insider sales and potentially pressuring sentiment around the stock. Insider Selling: Aflac (NYSE:AFL) Major Shareholder Sells 30,400 Shares of Stock

Aflac Company Profile

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.