American Financial is poised to gain from new business opportunities, increased exposures, a better renewal rate environment and effective capital deployment.
Insurers like Unum Group, Cincinnati Financial, American Financial, Radian and Voya Financial, which have an impressive dividend history, offer a breather amid volatility.
American Financial (AFG) reported earnings 30 days ago. What's next for the stock?
American Financial gains on the back of new business opportunities, increased exposures, a better renewal rate environment and effective capital deployment.
Here, we have picked four insurance stocks, First American Financial Corporation, Cincinnati Financial Corporation, CNA Financial Corporation & American Financial Group, which have a solid dividend history.
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.
Although the revenue and EPS for American Financial (AFG) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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.
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.
American Financial (AFG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.