Press coverage about American Financial Group (NYSE:AFG) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. American Financial Group earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the insurance provider an impact score of 47.2060455981572 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- American Financial Group, Inc. : AFG-US: Dividend Analysis : October 13th, 2017 (record date) : By the numbers : October 23, 2017 (finance.yahoo.com)
- American Financial Group, Inc. (AFG) Scheduled to Post Quarterly Earnings on Monday (americanbankingnews.com)
- 3 Stocks That Look Like American Express 40 Years Ago (fool.com)
- The American College Honors 2017 Millennial Advisor Award Winners (bizjournals.com)
- Reader Request: American Financial Group Vs. First American Financial (seekingalpha.com)
Shares of American Financial Group (AFG) opened at 105.41 on Tuesday. The firm has a market cap of $9.28 billion, a price-to-earnings ratio of 11.88 and a beta of 0.84. American Financial Group has a 52-week low of $73.38 and a 52-week high of $106.52. The company’s 50-day moving average is $102.73 and its 200 day moving average is $100.54.
American Financial Group (NYSE:AFG) last announced its quarterly earnings data on Tuesday, August 1st. The insurance provider reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.30 by $0.31. The company had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.12 billion. American Financial Group had a net margin of 11.89% and a return on equity of 11.66%. American Financial Group’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 EPS. On average, analysts expect that American Financial Group will post $5.97 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Friday, October 13th will be paid a $0.35 dividend. This is a boost from American Financial Group’s previous quarterly dividend of $0.31. This represents a $1.40 annualized dividend and a yield of 1.33%. The ex-dividend date is Thursday, October 12th. American Financial Group’s payout ratio is currently 15.75%.
A number of analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of American Financial Group from a “buy” rating to a “hold” rating in a research note on Tuesday, September 12th. Buckingham Research assumed 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 objective on the stock. Finally, BidaskClub upgraded shares of American Financial Group from a “hold” rating to a “buy” rating in a research note on Friday, July 7th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. The company 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 25,000 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $104.27, for a total value of $2,606,750.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michelle A. Gillis sold 2,051 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $104.88, for a total transaction of $215,108.88. Following the completion of the transaction, the insider now directly owns 17,939 shares in the company, valued at $1,881,442.32. The disclosure for this sale can be found here. Insiders own 13.70% of the company’s stock.
About American Financial Group
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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