Analysts on Wall Street project that American Financial Group (AFG) will announce quarterly earnings of $2.51 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $2.06 billion, declining 0.3% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during ...

The market expects American Financial Group (AFG) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 5, 2024, might help the stock move higher if these ...

Investors might want to bet on American Financial Group (AFG) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. ...

The domestic macroeconomic scenario in the United States is favorable after the Federal Reserve’s interest-rate easing, declining inflation numbers, and resilient labor market. If future incoming data remains favorable the Fed plans to gradually bring back the key interest rates to the 2.75-3% range by 2026.  However, investors are more worried about the Middle East conflict. The growing war situation hasdisrupted the global supply chain and pushed oil prices higher.Amid such volatile market conditions, inv ...

American Financial Group, Inc. (AFG) closed at $136.2 on Thursday, near its 52-week high of $137.95. This proximity underscores investor confidence. It has the ingredients for further price appreciation. The stock is trading above the 50-day and 200-day simple moving average (SMA) of $130.68 and $126.96, respectively, indicating solid upward momentum. SMA is a widely used technical analysis tool to predict future price trends by analyzing historical price data.AFG has a solid surprise history. The property ...

A month has gone by since the last earnings report for American Financial Group (AFG) . Shares have added about 8.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is American Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. American Financial Q2 Earnings T ...

Shares of American Financial Group, Inc. (AFG) have gained 12.4% in the past year, underperforming the industry’s growth of 28.7% and the Zacks S&P 500 composite’s rise of 24.4%.AFG Lags Industry and S&PImage Source: Zacks Investment ResearchBased on the forward 12-month price-to-book ratio, AFG is currently trading at 2.53X, above its 2.31X five-year median and industry average of 1.61X.Its earnings have traditionally been affected by catastrophes. Even drought, which does not otherwise qualify as a catast ...

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American Financial Group (AFG) recently announced a substantial increase in its annual common stock dividend, showcasing its commitment to rewarding its shareholders. This move is a testament to the insurer’s strong financial position and long-term growth prospects.Approved by the board of directors, the regular annual dividend has now been increased to $3.20 per share of common stock from $2.84. This increment represents a remarkable 12.7% rise over the previously declared rate. From October 2024, the incr ...

财务业绩 - 公司2024年上半年总收入为38.06亿美元，同比增长6.3%[14] - 2024年上半年净利润为4.51亿美元，同比增长9.5%[15] - 2024年第二季度总收入为19亿美元，同比增长3.3%[14] - 2024年第二季度净利润为2.09亿美元，同比增长4.5%[15] - 2024年上半年每股基本收益为5.38美元，同比增长11.2%[16] - 2024年第二季度每股基本收益为2.49美元，同比增长6%[16] - 2024年上半年净收益为4.51亿美元[24] 资产负债情况 - 2024年6月30日总资产为299.13亿美元，较2023年12月31日增加0.4%[10][11][12][13] - 2024年6月30日股东权益为43.84亿美元，较2023年12月31日增加3%[13] - 2024年6月30日的普通股数量为83,897,267股[24] - 2023年6月30日的普通股数量为84,858,528股[25] - 2024年6月30日的总资产和总负债公允价值分别为160.34亿美元和45.64亿美元[83] - 公司第二季度总资产达13.82亿美元，较上一季度增加2.22亿美元[90,93,96] 现金流 - 2024年上半年经营活动产生的现金流为1900万美元[27] - 2024年上半年投资活动使用的现金流为600万美元[28] - 2024年上半年筹资活动使用的现金流为1.17亿美元[29] - 2024年上半年现金及现金等价物净减少1.04亿美元[29] - 公司现金及现金等价物为12.25亿美元[104] 其他综合收益 - 2024年上半年其他综合收益为-1200万美元，2023年同期为3200万美元[19][20] - 2024年第二季度其他综合收益为-1600万美元，2023年同期为-6000万美元[19][20] - 2024年第二季度和2023年同期相比,美国金融集团(AFG)其他综合收益(损失)的期末余额分别为-3.31亿美元和-5.11亿美元[172][173][176][178] 收购事项 - 公司于2023年7月3日完成了对Crop Risk Services的收购,收购价格为2.34亿美元[65][66][67][68][69][70][71] - 收购Crop Risk Services产生了8.5亿美元的商誉[70] - 收购Crop Risk Services确认了1.24亿美元的无形资产,主要为客户关系,平均摊销期约14年[71] - 收购Crop Risk Services产生了0.01亿美元的递延税资产[70] 投资组合 - 公司2024年6月30日的可供出售固定到期证券总额为101.96亿美元[83] - 公司2024年6月30日的第三层级资产占总资产的9%[86] - 公司2024年6月30日的第三层级资产中59%为内部估值[88] - 公司2024年6月30日的第三层级资产中71%采用折现现金流模型估值[88] - 公司2024年6月30日的第三层级资产中20%为权益证券[88] - 公司2024年6月30日的证券投资余额为10.196亿美元[130] - 公司2024年上半年证券投资收益为3.86亿美元，较2023年同期下降7%[134] - 公司2024年上半年实现固定收益证券和股票投资的净收益为1.2亿美元，较2023年同期下降76%[136,138] - 公司2024年上半年股票投资公允价值变动收益为2.5亿美元，较2023年同期下降13.8%[139] - 公司2024年6月30日证券投资组合中有37%为贷款抵押债券和其他资产支持证券，17%为抵押贷款证券[130] - 公司2024年6月30日证券投资组合中有46%集中在5年以内到期的固定收益证券[130] - 公司2024年上半年未购买任何新增预期信用损失的证券[129] - 公司2024年上半年证券投资组合中无单一发行人投资超过股东权益10%的情况[133] - 公司利用利率掉期合约来对冲浮动利率固定收益证券的利率风险[145,146] - 公司持有的可转换固定收益证券和利息收益/本金收益抵押贷款支持证券等嵌入衍生工具的固定收益证券的公允价值变动计入当期损益[147] - 公司通过总收益掉期合约来对冲与其延期补偿义务相关的某些权益和固定收益市场敞口[148] - 公司作为管理人持有14个活跃的贷款抵押债务凭证(CLO)中最次级债务部分的投资,其中投资占比从13.3%到100%不等[152,153] - 公司在2024年上半年新成立了2个CLO,发行了8.13亿美元的负债[154] - 公司CLO投资组合的未偿本金余额超过其公允价值1.09亿美元,CLO发行的债务本金余额超过其账面价值2.76亿美元[159] 税务 - 2024年第二季度和2023年同期相比,美国金融集团(AFG)税前利润分别为2.71亿美元和2.55亿美元[182] - 2024年前6个月和2023年同期相比,美国金融集团(AFG)税前利润分别为5.75亿美元和5.19亿美元[182] - 2024年第二季度和2023年同期相比,美国金融集团(AFG)的所得税费用分别为6,200万美元和5,500万美元,占税前利润的23%和22%[183] - 2024年前6个月和2023年同期相比,美国金融集团(AFG)的所得税费用分别为1.24亿美元和1.07亿美元,占税前利润的22%和21%[183] - 2024年第二季度,美国金融集团(AFG)就之前出售子公司相关的IRS和解计提了400万美元的税收费用[184] - 2023年