Somewhat Positive Media Coverage Somewhat Unlikely to Impact American Financial Group (AFG) Share Price
Media stories about American Financial Group (NYSE:AFG) have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. 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 0.21 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 46.6401077031384 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of American Financial Group (NYSE AFG) traded down $0.34 during trading on Wednesday, reaching $102.13. 394,844 shares of the company were exchanged, compared to its average volume of 355,911. The company has a market cap of $9,035.08, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.90 and a beta of 0.86. American Financial Group has a 52 week low of $81.33 and a 52 week high of $106.76. 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 (NYSE:AFG) last announced its quarterly earnings results on Tuesday, October 31st. The insurance provider reported $1.06 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.85 by $0.21. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $979.50 million. American Financial Group had a net margin of 10.22% and a return on equity of 10.90%. American Financial Group’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.51 EPS. research analysts anticipate that American Financial Group will post 6.05 earnings per share for the current fiscal year.
The company also recently declared a special dividend, which will be paid on Monday, November 27th. Investors of record on Friday, November 17th will be paid a $2.00 dividend. This is a boost from American Financial Group’s previous special dividend of $1.50. The ex-dividend date is Thursday, November 16th. This represents a yield of 1.33%. American Financial Group’s payout ratio is presently 17.97%.
A number of equities analysts recently issued reports on AFG shares. Zacks Investment Research upgraded shares of American Financial Group from a “hold” rating to a “buy” rating and set a $117.00 price target on the stock in a research note on Monday, August 7th. BidaskClub cut shares of American Financial Group from a “hold” rating to a “sell” rating in a research note on Friday, August 25th. Finally, Buckingham Research started coverage on shares of American Financial Group in a research note on Monday, September 11th. They issued a “neutral” rating and a $103.00 price target on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $100.67.
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In other American Financial Group news, CEO S Craig Lindner sold 50,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $106.21, for a total transaction of $5,310,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 13.70% of the stock is currently owned by corporate insiders.
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.
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