Aflac(AFL)

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Insights Into Aflac (AFL) Q1: Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-26 14:21
Wall Street analysts forecast that Aflac (AFL) will report quarterly earnings of $1.58 per share in its upcoming release, pointing to a year-over-year increase of 1.9%. It is anticipated that revenues will amount to $4.32 billion, exhibiting a decline of 10.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their in ...
5 Stocks From the Prospering Accident & Health Insurance Industry
Zacks Investment Research· 2024-04-19 17:36
The Zacks Accident and Health Insurance industry is expected to ride on the increase in underwriting exposure. Aflac (AFL) , Unum Group (UNM) , Employers Holdings (EIG) , AMERISAFE (AMSF) and Trupanion (TRUP) should continue to benefit from prudent underwriting standards. However, a rise in claims frequency could weigh on the positives.The industry has been witnessing soft pricing over the past several quarters, which is not expected to change any time soon. Nonetheless, a rise in claims, with business acti ...
Aflac Incorporated Revises Time of First Quarter Webcast Teleconference to 7:00 a.m. (ET) on Thursday, May 2, 2024
Prnewswire· 2024-04-18 22:01
COLUMBUS, Ga., April 18, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it has revised the time of its first quarter webcast teleconference call on Thursday, May 2, 2024 to 7:00 a.m. (ET), which is one hour earlier than the originally scheduled 8:00 a.m. start time, to avoid timing conflicts with other industry webcasts. During the 7:00 a.m. (ET) webcast on Thursday, May 2, as planned, Aflac Incorporated Chairman, Chief Executive Officer and President Daniel P. Amos, along with Exe ...
Is Now the Time to Buy This Cheap, 6%-Yielding Dividend Stock Down 55% Since 2022?
The Motley Fool· 2024-04-10 08:46
This company trades at a dirt-cheap valuation and is making strides after a difficult stretch.The stock market is on a great run, with the S&P 500 trading around all-time highs and up 53% since the bull market began in October 2022.However, it hasn't been smooth sailing for all stocks. Lincoln National Corporation (LNC -1.97%) is one beaten-down dividend stock selling at a bargain-bin price. Although the stock is up 48% in the last year, it remains 55% below its all-time high price as the company progresses ...
Aflac: Growing Cancer Cases Will Lead To Higher Revenues
Seeking Alpha· 2024-04-09 03:05
Core Viewpoint - Aflac remains a strong dividend growth company despite recent stock price underperformance compared to the S&P 500, with a total return of approximately 6% since December 2023, compared to the S&P's nearly 10% [2] - The company is expected to benefit from increasing cancer insurance sales due to rising cancer prevalence among younger adults in both the Japanese and US markets, which is seen as a long-term growth catalyst [4][5] Company Overview - Aflac specializes in life insurance and health supplemental products, operating primarily in two segments: Aflac Japan and Aflac US, offering services such as illness insurance, wellness care, nursing care, and life insurance [4] - The company has increased its dividend payout for 41 consecutive years, positioning it close to the Dividend Kings list, with a strong focus on dividend growth rather than yield [4][11] Financial Performance - In Q4, Aflac reported revenue of $3.8 billion and EPS of $1.25, missing analyst expectations of $4.4 billion in revenue and $1.45 EPS [5] - Total revenues for 2023 were $18.7 billion, reflecting a slight 2.3% decrease from the previous year, while pretax earnings reached an all-time high of $1.5 billion, a 10.4% increase year-over-year [6] - The Japan segment saw a 10.9% increase in total sales, driven by a 26% rise in cancer insurance sales, while the US segment experienced a 5% sales increase, with cancer insurance sales up nearly 25% [5][6] Market Position and Growth Potential - Aflac holds a market share nearly three times greater than its nearest competitor, with a total market share of 29% globally [7][8] - The company aims for net premium growth of 3-5% in fiscal year 2024, supported by strategies to reduce expenses and increase margins [8] - Management forecasts sales in Japan to reach ¥67 billion to ¥73 billion by the end of 2026, emphasizing the importance of acquiring a younger customer base [5][8] Dividend Analysis - The current dividend yield is 2.3%, with a quarterly payout of $0.50 per share, and a low payout ratio of approximately 28%, indicating room for continued dividend growth [11][13] - The dividend has grown at an average rate of 13% per year since 2019, with an estimated price target of $100 per share based on a dividend discount model [9][10] Strategic Focus - Aflac is focusing on acquiring a younger customer base to drive future growth in cancer insurance sales, which is expected to rise significantly due to increasing cancer rates [5][17] - The company is also working to optimize its distribution channels to enhance financial protection for consumers [5]
TOGETHXR and Aflac Unite to Champion Women's Sports in 2024 Campaign, Kicking Off with Epic College Hoops Watch Parties
Prnewswire· 2024-03-19 13:00
LOS ANGELES, March 19, 2024 /PRNewswire/ -- TOGETHXR, the trailblazing media and commerce company co-founded by sports media veteran Jessica Robertson alongside world-renowned professional athletes Alex Morgan, Chloe Kim, Simone Manuel, and Sue Bird, is proud to announce a dynamic year-long partnership with Aflac, a leading provider of supplemental health insurance in the U.S. The partnership, created in collaboration with Aflac's media agency, Spark Foundry, launches this month when the two present a serie ...
AM Best Assigns Issue Credit Ratings to Aflac Incorporated's New Senior Unsecured Notes
Businesswire· 2024-03-14 20:42
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a” (Excellent) to Aflac Incorporated’s (Aflac) (Columbus, GA) [NYSE: AFL] newly issued senior unsecured notes (see detailed list below). The outlook assigned to these Credit Ratings (ratings) is stable. All other ratings of Aflac and its subsidiaries are unchanged. AM Best expects the net proceeds to be used for general corporate purposes. While AM Best expects the debt issuance to have a modest impact on ...
The Aflac Duck agrees: Everyone watches women's sports
Prnewswire· 2024-03-14 12:33
Core Insights - Aflac is enhancing its support for women's college basketball by partnering with TOGETHXR and extending its collaboration with Coach Dawn Staley and the Women's Basketball Coaches Association (WBCA) [1][2][3] Group 1: Partnerships and Initiatives - Aflac is collaborating with TOGETHXR, a media company founded by top female athletes, to promote women's sports and host watch parties during the women's regional semifinal round [1][2] - The partnership with Coach Staley and WBCA aims to address equity issues in women's college basketball, focusing on investment equity, fan experience, and community engagement [2][3] Group 2: Events and Sponsorships - Aflac will host a basketball skills clinic for 200 girl athletes in grades 5-8 on April 3, coinciding with the WBCA convention, and will sponsor the Assistant Coach of the Year award, donating $30,000 to the Kay Yow Cancer Fund [3] - Aflac is the presenting sponsor for the podcast "The GIST of It," which discusses sports topics from a female perspective [4] Group 3: Company Background - Aflac is a Fortune 500 company and the leading provider of supplemental health insurance in the U.S., with a strong commitment to corporate social responsibility and sustainability [5][6]
Aflac a World's Most Ethical Company for 18th consecutive year
Prnewswire· 2024-03-04 14:01
Remains the only insurance company in the world to be on list since its inception in 2007COLUMBUS, Ga., March 4, 2024 /PRNewswire/ -- Aflac Incorporated, a leading provider of supplemental health insurance in the U.S., retains its distinction by Ethisphere as one of the World's Most Ethical Companies®. Ethisphere, a global leader in defining and advancing the standards of ethical business practices, honored Aflac for the 18th consecutive year, making it the only insurance company in the world to appear eve ...
Why Aflac (AFL) is a Great Dividend Stock Right Now
Zacks Investment Research· 2024-02-26 17:46
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investo ...