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 ...

Chunumunu Co-authored with Hidden Opportunities. If you’re a coffee fanatic, you can instantly tell the difference between a well-brewed, artisan coffee and that bland, overcooked stuff from a gas station. The artisan coffee is rich and full of flavor, while the gas station coffee often tastes flat and watery. It’s all about the choice of beans and the diligence in the brewing process. Similarly, while many places offer good meals, the best restaurants consistently deliver a superior experience, earning ...

American Financial Group (AFG) recently announced a substantial increase in its annual common stock dividend, showcasing its commitment to rewarding its shareholders. This move is a testament to the insurer’s strong financial position and long-term growth prospects.Approved by the board of directors, the regular annual dividend has now been increased to $3.20 per share of common stock from $2.84. This increment represents a remarkable 12.7% rise over the previously declared rate. From October 2024, the incr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ____ to ____ Commission File No. 1-13653 AMERICAN FINANCIAL GROUP, INC. Incorporated under the Laws of Ohio IRS Employer I.D. No. 31-1544320 301 East Fourth Street, Cinci ...