Reading the tape
NYSE: AFGD
American Financial Group, Inc.
Financial Services · Insurance - Property & Casualty
Market Cap
$1.70B
52w High
$22.80
52w Low
$19.58
P/E
12.43
Volume
10.58K
Outstanding Shares
83.30M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -0.54%Revenue (TTM): -1.65%FCF (TTM): 24.93%P/E: 0th pct
What changed
The stock fell 0.54% over the last year. Revenue declined 1.65% over the trailing twelve months. Operating margin moved from 138.65% to 53.73%. Free cash flow grew 24.93% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 53.73%. A decisive move in revenue — currently down 1.65% — would be the clearest signal to resolve the ambiguity.
Company profile
American Financial Group, Inc. is an insurance holding company, which engages in property and casualty insurance, focusing on commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets.
CEOStephen Craig Lindner
SectorFinancial Services
IndustryInsurance - Property & Casualty
Employees7,700
IPO dateJun 4, 2020
Valuation
Forward P/E—
EV/EBITDA-11.82
Enterprise value-$13.63B
Price / Book0.35
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-3.51%
Gross margin32.36%▼54.06%vs FY2024
Operating margin13.68%▼1.78%vs FY2024
ROE17.47%▼12.05%vs FY2024
Analyst consensus
RatingBuy
Target price—
4
Buy
4
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 5, 2026
Q2 FY26 · EPS est $2.52 · Revenue est $1.7B
View
Dividends
$1.41/shareQuarterlyEx-div May 15, 2026 · in 10dAdequateAFGD pays a dividend with a 6.9% declared yield, covered 2.3× by free cash flow.
Declared Yield
6.9%
Annual Div / Share
$1.41
TTM $6.94
5yr CAGR
-0.05%
Dividend has been cut
Payout Ratio
68.94%
Adequate
Dividend Growth Rate
3yr CAGR
-0%
5yr CAGR
-0.05%
Dividend Safety
7/10Adequate
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$1.41-0.0%
2025$1.41+0.0%
2024$1.41-0.0%
2023$1.41+0.3%
2022$1.40-0.6%
2021$1.41—
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$69/yr
$6/mo
In 5 yrs
$69/yr
$6/mo
In 10 yrs
$69/yr
$6/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$69/yr $6/mo | $69/yr $6/mo | $69/yr $6/mo |
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 2.3× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
Dividend has been reduced
The 5-year dividend CAGR of -0.05% is negative, indicating the payout has been cut over this period.