What is Zacks Research’s Forecast for AFG Q4 Earnings?

American Financial Group, Inc. (NYSE:AFG) – Research analysts at Zacks Research increased their Q4 2024 earnings per share (EPS) estimates for American Financial Group in a report issued on Tuesday, November 19th. Zacks Research analyst T. De now anticipates that the insurance provider will post earnings of $3.19 per share for the quarter, up from their prior forecast of $3.09. The consensus estimate for American Financial Group’s current full-year earnings is $10.73 per share. Zacks Research also issued estimates for American Financial Group’s Q1 2025 earnings at $2.95 EPS, Q4 2025 earnings at $3.32 EPS, FY2025 earnings at $11.69 EPS, Q1 2026 earnings at $3.24 EPS, Q2 2026 earnings at $3.43 EPS and FY2026 earnings at $12.63 EPS.

Several other brokerages also recently weighed in on AFG. Piper Sandler lifted their price objective on shares of American Financial Group from $135.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, November 12th. BMO Capital Markets raised their price target on shares of American Financial Group from $135.00 to $143.00 and gave the company a “market perform” rating in a research note on Friday, November 15th.

American Financial Group Stock Performance

AFG stock opened at $146.47 on Friday. The stock’s fifty day moving average is $135.68 and its two-hundred day moving average is $130.81. The stock has a market capitalization of $12.29 billion, a price-to-earnings ratio of 13.73 and a beta of 0.79. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.53 and a current ratio of 0.53. American Financial Group has a 1 year low of $110.53 and a 1 year high of $147.01.

American Financial Group (NYSE:AFG) last released its quarterly earnings data on Tuesday, November 5th. The insurance provider reported $2.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.51 by ($0.20). American Financial Group had a net margin of 10.84% and a return on equity of 19.97%. The company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the firm earned $2.45 EPS. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year.

Hedge Funds Weigh In On American Financial Group

Several large investors have recently bought and sold shares of AFG. Covestor Ltd increased its position in shares of American Financial Group by 402.3% during the 1st quarter. Covestor Ltd now owns 432 shares of the insurance provider’s stock valued at $59,000 after purchasing an additional 346 shares during the period. O Shaughnessy Asset Management LLC raised its position in American Financial Group by 21.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 4,013 shares of the insurance provider’s stock worth $548,000 after acquiring an additional 707 shares in the last quarter. UniSuper Management Pty Ltd lifted its holdings in American Financial Group by 100.0% in the 1st quarter. UniSuper Management Pty Ltd now owns 1,000 shares of the insurance provider’s stock valued at $136,000 after acquiring an additional 500 shares during the last quarter. Tidal Investments LLC boosted its position in shares of American Financial Group by 23.4% during the 1st quarter. Tidal Investments LLC now owns 2,742 shares of the insurance provider’s stock valued at $374,000 after purchasing an additional 520 shares in the last quarter. Finally, Swedbank AB acquired a new position in shares of American Financial Group in the 1st quarter worth approximately $133,000. Institutional investors and hedge funds own 64.37% of the company’s stock.

American Financial Group Increases Dividend

The firm also recently declared a None dividend, which will be paid on Tuesday, November 26th. Stockholders of record on Friday, November 15th will be issued a dividend of $4.00 per share. This is a positive change from American Financial Group’s previous None dividend of $1.00. The ex-dividend date of this dividend is Friday, November 15th. American Financial Group’s dividend payout ratio (DPR) is 29.99%.

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.