What is Zacks Research’s Forecast for AFG Q3 Earnings?

American Financial Group, Inc. (NYSE:AFG) – Research analysts at Zacks Research increased their Q3 2026 earnings estimates for American Financial Group in a research note issued on Thursday, March 26th. Zacks Research analyst Team now forecasts that the insurance provider will earn $2.61 per share for the quarter, up from their previous forecast of $2.60. The consensus estimate for American Financial Group’s current full-year earnings is $10.50 per share.

Several other analysts also recently issued reports on the company. Weiss Ratings upgraded American Financial Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 16th. Wells Fargo & Company dropped their price objective on American Financial Group from $165.00 to $160.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of American Financial Group from $134.00 to $140.00 and gave the company a “market perform” rating in a research note on Wednesday, March 25th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $145.25.

American Financial Group Stock Performance

American Financial Group stock opened at $125.58 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.23 and a current ratio of 0.23. The stock has a fifty day moving average of $129.35 and a two-hundred day moving average of $134.55. The company has a market capitalization of $10.46 billion, a price-to-earnings ratio of 12.47 and a beta of 0.69. American Financial Group has a fifty-two week low of $114.73 and a fifty-two week high of $150.02.

American Financial Group (NYSE:AFG) last issued its quarterly earnings data on Wednesday, February 4th. The insurance provider reported $3.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.18 by $0.47. American Financial Group had a return on equity of 18.64% and a net margin of 10.30%.The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same period in the previous year, the firm posted $3.12 EPS. The company’s quarterly revenue was down 4.0% compared to the same quarter last year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AFG. Victory Capital Management Inc. lifted its position in American Financial Group by 12.9% during the third quarter. Victory Capital Management Inc. now owns 2,963,942 shares of the insurance provider’s stock valued at $431,906,000 after buying an additional 337,573 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of American Financial Group by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,567,721 shares of the insurance provider’s stock worth $350,956,000 after acquiring an additional 57,246 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of American Financial Group by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 1,732,557 shares of the insurance provider’s stock valued at $236,645,000 after acquiring an additional 29,731 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of American Financial Group by 12.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,266,001 shares of the insurance provider’s stock valued at $173,045,000 after acquiring an additional 138,483 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of American Financial Group by 33.2% during the 3rd quarter. Northern Trust Corp now owns 1,026,783 shares of the insurance provider’s stock valued at $149,623,000 after acquiring an additional 255,693 shares in the last quarter. Institutional investors and hedge funds own 64.37% of the company’s stock.

Insider Buying and Selling

In related news, CFO Brian S. Hertzman sold 1,663 shares of the stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $133.70, for a total transaction of $222,343.10. Following the transaction, the chief financial officer directly owned 12,073 shares in the company, valued at approximately $1,614,160.10. This represents a 12.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 17.40% of the company’s stock.

American Financial Group Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, February 25th. Investors of record on Monday, February 16th were paid a $1.50 dividend. The ex-dividend date was Friday, February 13th. American Financial Group’s dividend payout ratio is presently 34.96%.

About American Financial Group

American Financial Group, Inc (NYSE: AFG) is a diversified holding company primarily engaged in property and casualty insurance and reinsurance. Through its flagship subsidiary, Great American Insurance Company, the firm underwrites a broad range of specialty insurance products for commercial and industrial clients, including inland marine, excess and surplus lines, executive liability, and environmental liability coverage. In addition, American Financial Group offers supplemental accident and health insurance and assumes reinsurance risks from other insurers, helping to diversify its underwriting portfolio.

The company traces its roots to 1946, when it was founded by Carl Lindner, Sr.