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Reasons to Retain American Financial (AFG) Stock for Now
AFGAmerican Financial (AFG) Zacks Investment Research·2024-02-28 12:46

American Financial Group, Inc.’s (AFG) rate increases, higher retentions in renewal business, a rise in average renewal pricing, stronger underwriting profit and improved guidance make it worth retaining in one’s portfolio.Growth ProjectionsThe Zacks Consensus Estimate for American Financial’s 2024 earnings is pegged at 11.02pershare,indicatinga4.311.02 per share, indicating a 4.3% increase from the year-ago reported figure on 4.2% higher revenues of 7.84 billion. The consensus estimate for 2025 earnings is pegged at $11.52 per shar ...