American Financial Group (AFG) to Release Quarterly Earnings on Tuesday

American Financial Group (NYSE:AFG) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, August 6th. Analysts expect the company to announce earnings of $2.53 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

American Financial Group Trading Down 0.8 %

NYSE AFG opened at $127.80 on Monday. The stock has a market capitalization of $10.72 billion, a P/E ratio of 12.23 and a beta of 0.78. The business has a 50 day simple moving average of $126.08 and a 200 day simple moving average of $127.10. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.46 and a quick ratio of 0.46. American Financial Group has a one year low of $105.22 and a one year high of $137.71.

American Financial Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 25th. Shareholders of record on Monday, July 15th were issued a dividend of $0.71 per share. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend was Monday, July 15th. American Financial Group’s payout ratio is 27.18%.

Analyst Ratings Changes

A number of research firms recently issued reports on AFG. Piper Sandler boosted their target price on shares of American Financial Group from $129.00 to $135.00 and gave the company a “neutral” rating in a research report on Monday, May 6th. Citigroup lowered shares of American Financial Group from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $144.00 to $137.00 in a report on Friday, June 28th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $131.75.

Insider Transactions at American Financial Group

In other American Financial Group news, Director Amy Y. Murray purchased 1,200 shares of American Financial Group stock in a transaction that occurred on Friday, June 28th. The stock was acquired at an average price of $125.17 per share, with a total value of $150,204.00. Following the transaction, the director now owns 1,200 shares in the company, valued at approximately $150,204. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 14.50% of the stock is owned by insiders.

American Financial Group Company Profile

American Financial Group, Inc, an insurance holding company, provides specialty property and casualty insurance products in the United States. The company offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages; specialty casualty insurance, including primarily excess and surplus, executive and professional liability, general liability, umbrella and excess liability, and specialty coverage in targeted markets, as well as customized programs for small to mid-sized businesses and workers' compensation insurance; and specialty financial insurance products comprising risk management insurance programs for lending and leasing institutions, fidelity and surety products, and trade credit insurance.