Profile
Sector:
Financial ServicesIndustry:
Insurance - Property & CasualtyCountry:
United StatesIPO:
17 March 1980Website:
http://www.afginc.comNext earnings report:
06 February 2025Last dividends:
15 November 2024Next dividends:
N/APrice
regular market | 1 min agoAnalysts recommendations
Institutional Ownership
AFG Latest News
American Financial Group shares rose 5% post-election, despite mixed Q3 results, driven by a special dividend announcement and a favorable interest rate environment. AFG's Q3 adjusted EPS of $2.31 missed estimates by $0.15, with underwriting profits impacted by $90 million in catastrophe losses, but premiums rose a solid 14%. The Company's strong balance sheet, conservative reserving, and disciplined underwriting support a robust capital return strategy, including $6.50 in special dividends this year.
American Financial Group, Inc. (NYSE:AFG ) Q3 2024 Earnings Conference Call November 6, 2024 11:30 AM ET Company Participants Diane Weidner - VP, IR Carl Lindner - Co-CEO Craig Lindner - Co-CEO Brian Hertzman - CFO Conference Call Participants Michael Zaremski - BMO Andrew Andersen - Jefferies Meyer Shields - Keefe, Bruyette, & Woods Operator Good day, and thank you for standing by. Welcome to the American Financial Group Third Quarter 2024 Conference Call [Operator Instructions].
AFG's Q3 results reflect higher premiums, increased average renewal pricing and improved net investment income, offset by higher expenses and catastrophe losses.
American Financial Group (AFG) came out with quarterly earnings of $2.31 per share, missing the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $2.45 per share a year ago.
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2024 third quarter net earnings of $181 million ($2.16 per share) compared to $177 million ($2.09 per share) in the 2023 third quarter. Net earnings for the 2024 third quarter included net after-tax non-core items that reduced net income by $13 million ($0.15 per share loss). By comparison, net earnings for the 2023 third quarter included net after-tax non-core items that reduced net income by $31 million ($0.
Beyond analysts' top -and-bottom-line estimates for American Financial (AFG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) expects to release its 2024 third quarter results after 5:00 p.m. (ET) on Tuesday, November 5, 2024. The release will be available shortly thereafter on AFG's website at www.AFGinc.com. In conjunction with its release, AFG will hold a conference call to discuss 2024 third quarter results at 11:30 a.m. (ET) on Wednesday, November 6, 2024. There are two ways to access the call. By Telephone Participants should register for th.
American Financial (AFG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Investors may keep a tab on stocks like RPM, LMT, OZK and AFG, which have lately hiked their dividend payments.
American Financial (AFG) reported earnings 30 days ago. What's next for the stock?
What type of business is American Financial?
American Financial Group, Inc. (AFG) is an American insurance company founded in 1959 as American Financial Corporation, and has been conducting its insurance business through Great American Insurance Company since 1872. The company's business is divided into segments: Property and casualty insurance in the following areas: property and transportation, accidents, financial insurance, and others. The property and casualty insurance segment is geographically diversified across many states in the United States. Sale of annuity financial products (financial products with fixed payments or payments linked to the performance of the underlying asset) to financial institutions, individuals, broker-dealers, pension programs, and educational organizations. Other.
What sector is American Financial in?
American Financial is in the Financial Services sector
What industry is American Financial in?
American Financial is in the Insurance - Property & Casualty industry
What country is American Financial from?
American Financial is headquartered in United States
When did American Financial go public?
American Financial initial public offering (IPO) was on 17 March 1980
What is American Financial website?
https://www.afginc.com
Is American Financial in the S&P 500?
No, American Financial is not included in the S&P 500 index
Is American Financial in the NASDAQ 100?
No, American Financial is not included in the NASDAQ 100 index
Is American Financial in the Dow Jones?
No, American Financial is not included in the Dow Jones index
When was American Financial the previous earnings report?
No data
When does American Financial earnings report?
The next expected earnings date for American Financial is 06 February 2025