Aflac Incorporated (AFL) – Don’t Believe the Hype: Check The Facts

Aflac Incorporated (NYSE: AFL) is 0.09% higher on its value in year-to-date trading and has touched a low of $23.07 and a high of $53.46 in the current 52-week trading range. The AFL stock was last observed hovering at around $44.49 in the last trading session, with the day’s gains setting it 0.02% off its average median price target of $47.00 for the next 12 months. It is also 12.73% off the consensus price target high of $51.00 offered by 12 analysts, but current levels are -27.17% lower than the price target low of $35.00 for the same period.


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Currently trading at $44.51, the stock is 0.78% and 4.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 0.04% at the moment leaves the stock 17.30% off its SMA200. AFL registered -14.52% loss for a year compared to 6-month gain of 27.61%. The firm has a 50-day simple moving average (SMA 50) of $44.57 and a 200-day simple moving average (SMA200) of $38.78.

The stock witnessed a -1.35% loss in the last 1 month and extending the period to 3 months gives it a 16.82%, and is 3.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.42% over the week and 2.14% over the month.

Aflac Incorporated (AFL) has around 10977 employees, a market worth around $31.40B and $21.85B in sales. Current P/E ratio is 6.96 and Fwd P/E is 9.16. Profit margin for the company is 21.10%. Distance from 52-week low is 92.93% and -16.74% from its 52-week high. The company has generated returns on investments over the last 12 months (10.00%).

Aflac Incorporated (AFL) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Aflac Incorporated (AFL) is a “Hold”. 12 analysts offering their recommendations for the stock have an average rating of 3.20, where 8 rate it as a Hold and 1 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 2 analysts have rated the stock as a Sell or Underperform.

Aflac Incorporated is expected to release its quarterly report on 04/29/2021 and quarterly earnings per share for the current quarter are estimated at $1.04 with sales reaching $5.45B over the same period.The EPS is expected to grow by 16.70% this year, but quarterly earnings will post -1.90% year-over-year. Quarterly sales are estimated to shrink -2.60% in year-over-year returns.

Aflac Incorporated (AFL) Top Institutional Holders

1,253 institutions hold shares in Aflac Incorporated (AFL), with 61.05M shares held by insiders accounting for 8.69% while institutional investors hold 67.50% of the company’s shares. The shares outstanding are 711.70M, and float is at 640.86M with Short Float at 1.42%. Institutions hold 61.63% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 60.33 million shares valued at $2.19 billion. The investor’s holdings represent 8.59% of the AFL Shares outstanding. As of Dec 30, 2020, the second largest holder is Japan Post Holdings Co., Ltd. with 52.3 million shares valued at $2.33 billion to account for 7.45% of the shares outstanding. The other top investors are Blackrock Inc. which holds 47.27 million shares representing 6.73% and valued at over $1.72 billion, while State Street Corporation holds 4.84% of the shares totaling 33.96 million with a market value of $1.23 billion.

Aflac Incorporated (AFL) Insider Activity

A total of 22 insider transactions have happened at Aflac Incorporated (AFL) in the last six months, with sales accounting for 16 and purchases happening 6 times. The most recent transaction is an insider sale by MOSKOWITZ JOSEPH L, the company’s Director. SEC filings show that MOSKOWITZ JOSEPH L sold 100 shares of the company’s common stock on Jan 04 at a price of $44.60 per share for a total of $4460.0. Following the sale, the insider now owns 16720.0 shares.

Aflac Incorporated disclosed in a document filed with the SEC on Dec 30 that KENNY THOMAS J (Director) sold a total of 29,470 shares of the company’s common stock. The trade occurred on Dec 30 and was made at $43.87 per share for $1.29 million. Following the transaction, the insider now directly holds 30107.0 shares of the AFL stock.

Still, SEC filings show that on Dec 11, RIMER BARBARA K (Director) disposed off 1,005 shares at an average price of $44.62 for $44843.0. The insider now directly holds 28,409 shares of Aflac Incorporated (AFL).

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Aflac Incorporated (AFL): Who are the competitors?

The company’s main competitors (and peers) include Principal Financial Group Inc. (PFG) that is trading -7.00% down over the past 12 months. Atlantic American Corporation (AAME) is 27.03% up on the 1-year trading charts. Short interest in the company’s stock has risen 0.88% from the last report on Nov 12, 2020 to stand at a total of 9.02 million short shares sold with a short interest ratio of 2.27.

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