AFG Stock Summary and Trading Ideas (American Finl Gr | NYSE:AFG)

American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

American Finl Gr trades on the NYSE stock market under the symbol AFG.

As of June 2, 2023, AFG stock price climbed to $116.66 with 279,080 million shares trading.

AFG has a beta of 0.63, meaning it tends to be less sensitive to market movements. AFG has a correlation of 0.29 to the broad based SPY ETF.

AFG has a market cap of $9.94 billion. This is considered a Mid Cap stock.

Last quarter American Finl Gr reported $1 billion in Revenue and $2.89 earnings per share. This fell short of revenue expectation by $-123 million and missed earnings estimates by -$.05.

In the last 3 years, AFG stock traded as high as $152.29 and as low as $56.73.

The top ETF exchange traded funds that AFG belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

AFG has underperformed the market in the last year with a price return of -11.2% while the SPY ETF gained +4.1%. AFG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.8% and -0.4%, respectively, while the SPY returned +7.9% and +2.2%, respectively.

AFG support price is $111.15 and resistance is $114.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFG stock will trade within this expected range on the day.