Zacks Research Has Pessimistic View of AFG Q2 Earnings

American Financial Group, Inc. (NYSE:AFG) – Stock analysts at Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for American Financial Group in a research note issued on Friday, June 19th. Zacks Research analyst Team now expects that the insurance provider will earn $2.41 per share for the quarter, down from their prior forecast of $2.42. The consensus estimate for American Financial Group’s current full-year earnings is $11.37 per share.

Other equities analysts also recently issued reports about the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of American Financial Group in a report on Thursday, June 11th. Piper Sandler raised their price objective on shares of American Financial Group from $135.00 to $140.00 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Wells Fargo & Company lifted their target price on shares of American Financial Group from $155.00 to $158.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Keefe, Bruyette & Woods boosted their target price on American Financial Group from $134.00 to $140.00 and gave the stock a “market perform” rating in a report on Wednesday, March 25th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $145.00.

American Financial Group Stock Up 1.0%

AFG opened at $134.20 on Tuesday. The firm’s 50-day simple moving average is $132.36 and its 200-day simple moving average is $131.72. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.48 and a current ratio of 0.48. American Financial Group has a twelve month low of $122.11 and a twelve month high of $150.02. The firm has a market cap of $11.15 billion, a price-to-earnings ratio of 12.76 and a beta of 0.64.

American Financial Group (NYSE:AFG) last released its quarterly earnings data on Thursday, April 30th. The insurance provider reported $2.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.54 by ($0.07). The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.70 billion. American Financial Group had a return on equity of 19.50% and a net margin of 10.76%.The business’s revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.81 earnings per share.

American Financial Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Wednesday, April 15th were paid a $0.88 dividend. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $3.52 dividend on an annualized basis and a yield of 2.6%. American Financial Group’s payout ratio is presently 33.46%.

Institutional Investors Weigh In On American Financial Group

Several large investors have recently made changes to their positions in AFG. Dimensional Fund Advisors LP raised its position in American Financial Group by 10.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,127,518 shares of the insurance provider’s stock worth $164,293,000 after acquiring an additional 110,872 shares during the period. JPMorgan Chase & Co. grew its position in shares of American Financial Group by 32.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 407,772 shares of the insurance provider’s stock valued at $59,421,000 after acquiring an additional 99,898 shares during the period. Capula Management Ltd bought a new position in shares of American Financial Group during the 3rd quarter valued at approximately $2,087,000. UBS Group AG grew its position in shares of American Financial Group by 10.1% during the 4th quarter. UBS Group AG now owns 581,805 shares of the insurance provider’s stock valued at $79,521,000 after acquiring an additional 53,431 shares during the period. Finally, Victory Capital Management Inc. increased its stake in shares of American Financial Group by 12.9% during the 3rd quarter. Victory Capital Management Inc. now owns 2,963,942 shares of the insurance provider’s stock worth $431,906,000 after purchasing an additional 337,573 shares during the last quarter. Institutional investors own 64.37% of the company’s stock.

About American Financial Group

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.