Investors in American Financial Group, Inc. (AFG) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $62.5 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. I ...

American Financial Group, Inc. (AFG) is set to gain from new business opportunities, increased exposures, a better renewal rate environment, improved combined ratio, stronger underwriting profit and effective capital deployment. These, along with solid growth projections, make the stock worth retaining.Earnings of this Zacks Rank #3 (Hold) insurer have grown 6.1% in the last five years. It has a VGM Score of A. This helps to identify stocks with the most attractive value, growth and momentum.Its shares have ...

American Financial Group, Inc. (AFG) is well-positioned for growth, driven by new business opportunities, increased exposures and a good renewal rate environment, improved combined ratio, stronger underwriting profit and effective capital deployment.Growth ProjectionsThe Zacks Consensus Estimate for American Financial’s 2024 earnings per share indicates a year-over-year increase of 3.6%. The consensus estimate for revenues is pegged at $8 billion, implying a year-over-year improvement of 6.3%.The consensus ...

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 March 31, 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, Cinc ...

American Financial Group, Inc. (NYSE:AFG) Q1 2024 Earnings Conference Call May 2, 2024 11:30 AM ET Company Participants Diane Weidner - Vice President, Investor Relations Carl Lindner - Co-Chief Executive Officer and Director Craig Lindner - Co-Chief Executive Officer and Director Brian Hertzman - Senior Vice President and Chief Financial Officer Conference Call Participants Charles Lederer - Citigroup Michael Zaremski - BMO Capital Markets Andrew Andersen - Jefferies Meyer Shields - KBW Operator Thank you ...

American Financial Group, Inc. (AFG) reported first-quarter 2024 net operating earnings per share of $2.76, which missed the Zacks Consensus Estimate by 0.3%. The bottom line decreased 4.5% year over year.American Financial’s results reflected a decline in investment income, lower underwriting profit, higher expenses and catastrophe losses, offset by improved net earned premiums.Behind the HeadlinesTotal revenues of $1.8 billion increased 5.1% year over year in the quarter. The growth came on the back of hi ...

Exihibit 99.1 American Financial Group, Inc. Announces First Quarter Results CINCINNATI – May 1, 2024 – American Financial Group, Inc. (NYSE: AFG) today reported 2024 first quarter net earnings of $242 million ($2.89 per share) compared to $212 million ($2.49 per share) for the 2023 first quarter. Net earnings for the 2024 first quarter included after-tax non-core net realized gains on securities of $11 million ($0.13 per share). Comparatively, net earnings in the 2023 first quarter included after-tax non-c ...

American Financial Group (AFG) reported $1.88 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 5.1%. EPS of $2.76 for the same period compares to $2.89 a year ago.The reported revenue represents a surprise of -0.19% over the Zacks Consensus Estimate of $1.89 billion. With the consensus EPS estimate being $2.77, the EPS surprise was -0.36%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

The Zacks Property and Casualty Insurance industry continues to grapple with issues like higher catastrophe events, both natural and man-made, which drag down underwriting profit.Per Aon, estimated total economic losses were $380 billion, while insured losses were $118 million in 2023.Per AM Best, total net underwriting loss was $38 billion in 2023, a 10-year high, largely attributable to weather-related losses, high inflation as well as reinsurance pricing pressure. The combined ratio was 103.7 for the sam ...

It has been about a month since the last earnings report for American Financial Group (AFG) . Shares have added about 5.2% 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 drivers. American Financial Q4 Earnin ...