American Financial Group, Inc. (NYSE: AFG) paid a dividend on Friday, April 2nd. Investors registered on Thursday, April 15th, will receive a dividend of 0.50 per share from the insurer on Monday, April 26th. This corresponds to a yield of 1.75%. The ex-dividend day is Wednesday April 14th.
The American Financial Group has increased its dividend by 43.7% over the past three years and has increased its dividend every year for the past 11 years.
NYSE: AFG opens at $ 113.94 on Friday. The American Financial Group has a 12-month low of $ 51.55 and a 12-month high of $ 120.63. The company has a market cap of $ 9.84 billion, a P / E of 40.69, and a beta of 0.92. The company has a leverage ratio of 0.33, a current rate of 0.18, and a fast rate of 0.18. The company has a 50-day simple moving average of $ 112.43 and a 200-day simple moving average of $ 90.10.
The American Financial Group (NYSE: AFG) last released its quarterly earnings data on Tuesday, February 2nd. The insurer reported earnings per share of $ 3.09 for the quarter, beating Zacks’ consensus estimate of $ 2.13 by $ 0.96. The company had revenue of $ 2.62 billion for the quarter, compared to analyst estimates of $ 1.39 billion. American Financial Group achieved a return on equity of 11.80% and a net margin of 3.38%. The company’s quarterly sales increased 23.1% compared to the same quarter last year. For the same quarter last year, the company had earnings per share of $ 2.22. Analysts assume that the American Financial Group will post an EPS of 7.2 for the current fiscal year.
Several brokers charged AFG. TheStreet upgraded the American Financial Group from a “c +” rating to a “b” rating in a research note on Friday, February 5th. Piper Sandler raised his price target for the American Financial Group from USD 110.00 to USD 125.00 and gave the company an “overweight” rating in a research note on Monday, March 1st. The Credit Suisse Group raised its price target for the American Financial Group from USD 95.75 to USD 110.00 and rated the company as “Outperform” in a research note on Thursday, January 28th. Finally, Zacks Investment Research upgraded the American Financial Group from a “hold” rating to a “buy” rating and set a price target of $ 92.00 for the stock in a research note on Tuesday, December 15. Two analysts have given the share a hold rating and four have given it a buy rating. The American Financial Group has a consensus rating of “Buy” and a consensus target of $ 98.20.
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In other news, CEO S Craig Lindner sold 313 shares in the company in a transaction on Thursday, March 11th. The stock was sold at an average price of $ 117.07 for a total transaction of $ 36,642.91. The sale was disclosed in a document filed with the SEC, which is available on the SEC website. In addition, VP Vito C. Peraino purchased 2,500 shares in the company in a transaction on Friday February 5. The shares were purchased at an average price of $ 96.39 per share for a total transaction of $ 240,975.00. Upon completion of the transaction, the Vice President now directly owns 77,889 shares in the company valued at $ 7,507,720.71. The disclosure for this purchase can be found here. 12.10% of the shares belong to insiders.
American Financial Group company profile
American Financial Group, Inc is an insurance holding company. The company is active in property and casualty insurance and focuses on commercial products for businesses and the sale of fixed and fixed index annuities in retail, financial institutions and the education market. The company was founded by Carl Henry Lindner Jr.
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