American Financial Group Inc (NYSE: AFG) is -1.31% lower on its value in year-to-date trading and has touched a low of $110.10 and a high of $150.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AFG stock was last observed hovering at around $137.75 in the last trading session, with the day’s loss setting it -2.62%.
Currently trading at $135.13, the stock is -0.02% and -2.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing -1.90% at the moment leaves the stock 4.63% off its SMA200. AFG registered 21.60% gain for a year compared to 6-month gain of 5.75%. The firm has a 50-day simple moving average (SMA 50) of $138.8354 and a 200-day simple moving average (SMA200) of $132.0431.
The stock witnessed a -3.33% loss in the last 1 month and extending the period to 3 months gives it a 3.04%, and is 4.06% 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 1.99% over the week and 1.83% over the month.
American Financial Group Inc (AFG) has around 8500 employees, a market worth around $11.34B and $8.21B in sales. Current P/E ratio is 12.66 and Fwd P/E is 11.39. Profit margin for the company is 10.90%. Distance from 52-week low is 22.74% and -10.03% from its 52-week high. The company has generated returns on investments over the last 12 months (13.95%).
with sales reaching $1.78B over the same period.The EPS is expected to grow by 1.69% this year, but quarterly earnings will post 6.85% year-over-year. Quarterly sales are estimated to grow 2.77% in year-over-year returns.
American Financial Group Inc (AFG) Top Institutional Holders
607.0 institutions hold shares in American Financial Group Inc (AFG), with institutional investors hold 78.14% of the company’s shares. The shares outstanding are 83.92M, and float is at 73.24M with Short Float at 1.29%. Institutions hold 64.28% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.77 million shares valued at $955.79 million. The investor’s holdings represent 9.2824% of the AFG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.77 million shares valued at $955.55 million to account for 9.2801 of the shares outstanding. The other top investors are FMR LLC which holds 5.31 million shares representing 6.3487% and valued at over $653.71 million, while VICTORY CAPITAL MANAGEMENT INC holds 4.4656 of the shares totaling 3.74 million with a market value of $459.81 million.
American Financial Group Inc (AFG) Insider Activity
The most recent transaction is an insider purchase by Murray Amy Y, the company’s Director. SEC filings show that Murray Amy Y bought 1,200 shares of the company’s common stock on Jun 28 ’24 at a price of $125.17 per share for a total of $0.15 million. Following the purchase, the insider now owns 1200.0 shares.
American Financial Group Inc disclosed in a document filed with the SEC on Mar 12 ’24 that Evans James E (Director) sold a total of 2,274 shares of the company’s common stock. The trade occurred on Mar 12 ’24 and was made at $128.64 per share for $0.29 million. Following the transaction, the insider now directly holds 0.11 million shares of the AFG stock.
Still, SEC filings show that on Mar 01 ’24, Gillis Michelle A (Senior Vice President) disposed off 2,053 shares at an average price of $126.81 for $0.26 million. The insider now directly holds 48,554 shares of American Financial Group Inc (AFG).
