Analyst Valuation and EPS Growth for American Financial Group (NYSE:AFG)

Earnings results for American Financial Group (NYSE:AFG)

American Financial Group, Inc. is expected* to report earnings on 05/04/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.74. The reported EPS for the same quarter last year was $1.88.

American Financial Group last released its quarterly earnings results on February 2nd, 2021. The insurance provider reported $3.09 EPS for the quarter, beating the consensus estimate of $2.13 by $0.96. The business had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $1.39 billion. Its revenue was up 23.1% compared to the same quarter last year. American Financial Group has generated $8.62 earnings per share over the last year and currently has a price-to-earnings ratio of 43.9. American Financial Group has confirmed that its next quarterly earnings report will be published on Tuesday, May 4th, 2021. American Financial Group will be holding an earnings conference call on Tuesday, May 4th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on American Financial Group (NYSE:AFG)

5 Wall Street analysts have issued ratings and price targets for American Financial Group in the last 12 months. Their average twelve-month price target is $99.75, predicting that the stock has a possible downside of 18.81%. The high price target for AFG is $125.00 and the low price target for AFG is $69.00. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Buy.”

American Financial Group has received a consensus rating of Buy. The company’s average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $99.75, American Financial Group has a forecasted downside of 18.8% from its current price of $122.86. American Financial Group has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: American Financial Group (NYSE:AFG)

American Financial Group pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends. American Financial Group has been increasing its dividend for 11 years. The dividend payout ratio of American Financial Group is 23.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, American Financial Group will have a dividend payout ratio of 23.53% next year. This indicates that American Financial Group will be able to sustain or increase its dividend.

Insiders buying/selling: American Financial Group (NYSE:AFG)

In the past three months, American Financial Group insiders have bought 28.74% more of their company’s stock than they have sold. Specifically, they have bought $240,975.00 in company stock and sold $187,185.00 in company stock. Only 12.10% of the stock of American Financial Group is held by insiders. 64.22% of the stock of American Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of American Financial Group (NYSE:AFG

Earnings for American Financial Group are expected to grow by 18.06% in the coming year, from $7.20 to $8.50 per share. The P/E ratio of American Financial Group is 43.88, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.08. The P/E ratio of American Financial Group is 43.88, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 23.04. American Financial Group has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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