American Financial Group (AFG) Set to Announce Earnings on Tuesday

American Financial Group (NYSE:AFG) is scheduled to issue 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 that are interested in participating in the company’s conference call can do so using this link.

American Financial Group Stock Performance

Shares of AFG opened at $127.80 on Monday. The firm has a market cap of $10.72 billion, a price-to-earnings ratio of 12.23 and a beta of 0.78. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 0.35. The business’s 50 day moving average is $126.08 and its two-hundred day moving average is $127.10. American Financial Group has a 52-week low of $105.22 and a 52-week high of $137.71.

American Financial Group Announces Dividend

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

Insider Activity at American Financial Group

In other American Financial Group news, Director Amy Y. Murray bought 1,200 shares of the business’s stock in a transaction on Friday, June 28th. The shares were purchased at an average price of $125.17 per share, with a total value of $150,204.00. Following the completion of the acquisition, the director now directly owns 1,200 shares of the company’s stock, valued at approximately $150,204. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 14.50% of the company’s stock.

Wall Street Analysts Forecast Growth

AFG has been the topic of several research analyst reports. Piper Sandler increased their price target on shares of American Financial Group from $129.00 to $135.00 and gave the stock a “neutral” rating in a research report on Monday, May 6th. Citigroup lowered American Financial Group from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $144.00 to $137.00 in a research report on Friday, June 28th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, American Financial Group currently has an average rating of “Hold” and an average target price of $131.75.

About American Financial Group

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.