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. The company also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. The company'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 April 26, 2024, AFG stock price declined to $127.34 with 280,035 million shares trading.

AFG has a beta of 0.55, meaning it tends to be less sensitive to market movements. AFG has a correlation of 0.12 to the broad based SPY ETF.

AFG has a market cap of $10.65 billion. This is considered a Large Cap stock.

Last quarter American Finl Gr reported $2 billion in Revenue and $2.84 earnings per share. This beat revenue expectation by $72 million and missed earnings estimates by -$.06.

In the last 3 years, AFG stock traded as high as $152.29 and as low as $105.22.

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

AFG stock has underperformed the market in the last year with a return of +11.9%, while SPY returned +26.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AFG shares. However, AFG has outperformed the market in the last 3 month and 2 week periods, returning +8.5% and -0.2%, while SPY returned +4.5% and -1.9%, respectively. This indicates AFG has been having a stronger performance recently.

AFG support price is $127.10 and resistance is $130.32 (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.