American Financial (AFG) Stock

Companies such as Unum Group, Cincinnati Financial, American Financial, Radian, and Voya Financial have a strong record of paying dividends, providing some stability during uncertain times.

American Financial (AFG) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

American Financial has benefited from new business opportunities, greater exposure, improved renewal rates, and efficient use of capital.

We have selected four insurance companies: First American Financial Corporation, Cincinnati Financial Corporation, CNA Financial Corporation, and American Financial Group, all of which have a strong record of paying dividends.

After the election, American Financial Group's shares increased by 5%, even though their Q3 results were mixed. Their adjusted earnings per share for Q3 were $2.31, which was $0.15 lower than expected, partly due to $90 million in catastrophe losses, but they did see a 14% rise in premiums. The company maintains a strong financial position and a careful approach to underwriting, allowing them to implement a solid capital return strategy, which includes $6.50 in special dividends this year.

American Financial Group, Inc. (NYSE:AFG) will hold its Q3 2024 Earnings Conference Call on November 6, 2024, at 11:30 AM ET. The call will feature company representatives including Diane Weidner, Carl Lindner, Craig Lindner, and Brian Hertzman. Participants from various financial institutions will also join the call.

AFG's results for the third quarter show that they have higher premiums, increased average renewal prices, and better net investment income. However, these gains are countered by rising expenses and losses from disasters.

American Financial Group (AFG) reported quarterly earnings of $2.31 per share, which is lower than the Zacks Consensus Estimate of $2.51 per share. This is also a decrease from the earnings of $2.45 per share from the same period last year.

CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) announced its net earnings for the third quarter of 2024, which reached $181 million ($2.16 per share), slightly up from $177 million ($2.09 per share) in the same period of 2023. The 2024 results included non-core items that decreased net income by $13 million ($0.15 per share loss). In contrast, the 2023 third quarter also had non-core items that lowered net income by $31 million.