Home Sectors Financial Services Latest Movement: American Financial Group (NYSE: AFG)

Latest Movement: American Financial Group (NYSE: AFG)

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American Financial Group is part of the property and casualty insurance industry and financial services sector. The company CEO is Carl H. Lindner / S. Craig Lindner. American Financial Group Inc is a property and casualty insurance company that operates through its subsidiaries. It sells fixed and fixed-indexed annuities in the retail, financial institutions and education markets.

Previous Intraday Trading Performance:

The AFG stock showed a previous change of 0.70% with an open at 96.21 and a close of 96.74. It reached an intraday high of 96.95 and a low of 95.44.

SeekingAlpha:  The Most Undervalued And Overvalued Dividend Contenders – February 2019

Liquidity:

The stock has a market cap of $8.6b with 89.3m shares outstanding, of which the float is 81.6m shares. Trading volume reached 404,293 shares compared to its average volume of 396,979 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, American Financial Group shares returned 1.89% and in the past 30 trading days it returned 8.70%. Over three months, it changed -6.01%. In one year it has changed -7.67% and within that year its 52-week high was 117.50 and its 52-week low was 84.18. AFG stock is 14.92% above its 52 Week Low.

Our calculations show a 200 day moving average of 103.37 and a 50 day moving average of 93.79. Currently AFG stock is trading -6.41% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  The Most Undervalued And Overvalued Dividend Contenders – February 2019

Earnings:

The last annual fiscal EPS for the company was reported at 8.4 that ended on 31st of December 2018, which according to the previous close, that is a PE of 16.57. Based on 3 analyst estimates, the consensus EPS for the next quarter is 1.84. The TTM EPS is 8.40, which comes to a TTM PE of 11.52. Historically, the PE high was 23.00 and the PE low was 10.30. If the stock reached its PE low, that would represent a price of 86.49, which is a decrease of -10.59%.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.75
09-30-2018:  2.19
06-30-2018:  2.04
03-31-2018:  2.42

The dividend per share is currently 1.60, which is a dividend yield of 1.65%. Also, the payout ratio is 19.05%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 109.63, which means it is possibly undervalued and has a margin of safety of 11.76%

Indicators to Watch:

Based on the latest filings, there is 8.60% of insider ownership and 88.60% of institutional ownership. Short-interest is 952,057, which is 1.07% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.33. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.89

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 10.29%, return on assets is 0.85%, profit margin is 7.23%, price-to-sales is 1.20 and price-to-book is 1.73.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.