分组1 - American Financial Group (AFG) reported quarterly earnings of $2.31 per share, missing the Zacks Consensus Estimate of $2.51 per share, and showing a decrease from $2.45 per share a year ago, resulting in an earnings surprise of -7.97% [1] - The company posted revenues of $2.28 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 10.69%, compared to year-ago revenues of $2.07 billion [2] - The stock has added about 6.7% since the beginning of the year, underperforming the S&P 500's gain of 19.8% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $3.15 on $2.05 billion in revenues, and for the current fiscal year, it is $10.98 on $7.8 billion in revenues [7] - The Zacks Industry Rank for Insurance - Property and Casualty is currently in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]

Analysts on Wall Street project that American Financial Group (AFG) will announce quarterly earnings of $2.51 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $2.06 billion, declining 0.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...

The market expects American Financial Group (AFG) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these ...

Investors might want to bet on American Financial Group (AFG) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...

The domestic macroeconomic scenario in the United States is favorable after the Federal Reserve’s interest-rate easing, declining inflation numbers, and resilient labor market. If future incoming data remains favorable the Fed plans to gradually bring back the key interest rates to the 2.75-3% range by 2026.  However, investors are more worried about the Middle East conflict. The growing war situation hasdisrupted the global supply chain and pushed oil prices higher.Amid such volatile market conditions, inv ...

American Financial Group, Inc. (AFG) closed at $136.2 on Thursday, near its 52-week high of $137.95. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving average (SMA) of $130.68 and $126.96, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.AFG has a solid surprise history. The property ...

A month has gone by since the last earnings report for American Financial Group (AFG) . Shares have added about 8.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is American Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. American Financial Q2 Earnings T ...

Shares of American Financial Group, Inc. (AFG) have gained 12.4% in the past year, underperforming the industry’s growth of 28.7% and the Zacks S&P 500 composite’s rise of 24.4%.AFG Lags Industry and S&PImage Source: Zacks Investment ResearchBased on the forward 12-month price-to-book ratio, AFG is currently trading at 2.53X, above its 2.31X five-year median and industry average of 1.61X.Its earnings have traditionally been affected by catastrophes. Even drought, which does not otherwise qualify as a catast ...

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Dividend Increase and Shareholder Returns - American Financial Group (AFG) announced a 12.7% increase in its annual common stock dividend, raising it to $3.20 per share from $2.84 [1] - The company will disburse the increased dividend quarterly at 80 cents per share starting October 2024 [1] - AFG's dividend yield is 2.1%, significantly higher than the industry average of 0.2% [1] - The company has a 10-year compound annual growth rate for dividends of 12.4% [2] - AFG returned $59 million to shareholders through regular quarterly dividends and paid a special dividend of $2.50 per share, totaling approximately $209 million in Q2 2024 [4] Financial Strength and Capital Management - AFG maintains a moderate adjusted financial leverage of around 20% and has strong cash flow and interest coverage ratios [3] - As of June 30, 2024, the parent company held approximately $438 million in cash and investments [3] - The company has increased its dividends for 18 consecutive years [3] - AFG's return on equity (ROE) was 21.6% in the trailing 12 months, compared to the industry average of 7.9% [4] - The company expects to generate significant excess capital in 2024, providing opportunities for additional share repurchases or special dividends [4] Industry Comparison and Performance - AFG shares have gained 14.4% in the past year, while the industry has grown by 27.5% [5] - MGIC Investment Corporation (MTG) also increased its quarterly dividend by 13% to 13 cents per share, reflecting strong financial performance and capital position [7] - NMI Holdings Inc (NMIH) and Arch Capital Group Ltd (ACGL) are better-ranked stocks in the property and casualty insurance industry, each carrying a Zacks Rank 2 (Buy) [8] - NMIH shares have jumped 37.8% in a year, with earnings surpassing estimates in the last four quarters by an average of 10.15% [8] - ACGL shares have jumped 40.3% in a year, with earnings surpassing estimates in the last four quarters by an average of 28.93% [8]