AFGE
Financial ServicesAmerican Financial Group, Inc. · Insurance - Property & Casualty · $1B
What is American Financial Group, Inc.?
American Financial Group is a Cincinnati-based insurance holding company focused on commercial property and casualty coverage and annuity products. It serves businesses across the United States through a range of specialty insurance lines.
American Financial Group generates revenue through two primary channels: commercial property and casualty insurance sold to businesses, and fixed and fixed-indexed annuities distributed through retail channels, financial institutions, and the education market. Its insurance operations are organized around property and transportation risks, specialty casualty exposures, and specialty financial products — giving it a diversified footprint within the commercial insurance space.
The company traces its roots to 1959, founded by Carl Henry Lindner Jr., and is headquartered in Cincinnati, Ohio.
- Commercial property and transportation insurance
- Specialty casualty insurance
- Specialty financial insurance products
- Fixed and fixed-indexed annuities
Is AFGE a Good Stock to Buy?
UQS Score rates AFGE as Good overall, reflecting a balanced profile with some notable strengths and areas that warrant attention.
The Quality pillar lands at a Good rating, suggesting the business generates reasonably dependable results relative to its size. Valuation is rated Attractive, meaning the stock does not appear richly priced compared to its fundamentals — a meaningful consideration for value-oriented investors.
Both the Moat and Growth pillars are rated Weak, indicating limited competitive differentiation and subdued expansion prospects relative to peers in the financial services sector.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does AFGE pay dividends?
Yes — American Financial Group, Inc. pays a dividend.
American Financial Group pays a regular dividend, which is consistent with the income-oriented nature of established insurance holding companies. The dividend reflects the company's ability to return capital to shareholders alongside its annuity and insurance operations. Income-focused investors often view a consistent dividend as a signal of financial discipline within the insurance sector.
When does AFGE report earnings?
American Financial Group reports earnings on a quarterly cadence, typical for US-listed equities.
The company's results are shaped by underwriting performance across its property and casualty segments and by spread income from its annuity book. Variability in catastrophe losses and interest rate movements can influence quarter-to-quarter outcomes in ways that differ from non-financial businesses.
For the most recent quarter's results, visit American Financial Group's investor relations page directly.
AFGE Price History
-19.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in American Financial Group, Inc.?
Based on American Financial Group, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
AFGE Long-term Outlook
The UQS Growth pillar for AFGE is rated Weak, suggesting the near-term expansion trajectory is modest. However, the Attractive Valuation rating means the stock may already reflect these tempered expectations. The Neutral Risk rating indicates the business does not carry outsized financial or operational risk relative to peers, which may appeal to investors prioritizing stability over rapid growth.
Growth drivers
- Annuity demand supported by an aging population seeking fixed-income alternatives
- Specialty insurance lines that serve niche commercial markets with less commoditized pricing
- Potential for disciplined underwriting gains as commercial insurance pricing remains firm
Key risks
- Weak Moat rating suggests pricing power and competitive barriers may be limited
- Interest rate sensitivity affecting annuity spreads and investment portfolio returns
- Catastrophe exposure within property and transportation lines can create earnings volatility
AFGE vs Peers
American Financial Group operates in a competitive specialty insurance landscape alongside several peers worth understanding.
Kemper is a broader personal and commercial lines insurer, whereas AFGE concentrates on specialty commercial and annuity products.
ProAssurance focuses primarily on professional liability and medical malpractice insurance, a narrower specialty niche than AFGE's diversified commercial lines.
AFGC represents a related security within the American Financial Group capital structure, offering a different risk and return profile than the common equity.
Frequently Asked Questions
What does American Financial Group do?
American Financial Group is an insurance holding company that sells commercial property and casualty insurance to businesses and distributes fixed and fixed-indexed annuities through retail, financial institution, and education channels. Its specialty insurance segments cover property, transportation, casualty, and financial risks.
Does AFGE pay dividends?
Yes, American Financial Group pays a regular dividend. This is consistent with the company's profile as an established insurance holding company that returns capital to shareholders. Investors should check the company's investor relations page for the most current dividend details.
When does AFGE report earnings?
American Financial Group reports on a quarterly cadence, as is standard for US-listed companies. Exact dates are not covered by our data source — visit the company's investor relations page for the current earnings calendar.
Is AFGE a good stock to buy?
UQS Score rates AFGE as Good overall. The Attractive Valuation and Good Quality ratings are positives, while the Weak Moat and Weak Growth ratings highlight areas of concern. Whether it fits your portfolio depends on your individual goals and risk tolerance — see the full pillar breakdown on UQS Pro.
Is AFGE overvalued?
The UQS Valuation pillar for AFGE is rated Attractive, suggesting the stock is not trading at a stretched premium relative to its fundamentals. This does not guarantee future price appreciation, but it indicates the market is not pricing in aggressive growth expectations.
How does AFGE compare to its competitors?
Compared to peers like ProAssurance and Kemper, American Financial Group offers a broader mix of specialty commercial insurance and annuity products. Its diversification across multiple specialty lines distinguishes it from more narrowly focused competitors, though its Weak Moat rating suggests competitive advantages are not strongly entrenched.
What is AFGE's market cap bracket?
American Financial Group is classified as a small-cap company. This places it in a segment of the market that can offer different risk and liquidity characteristics compared to large-cap or mega-cap insurers.
Who founded American Financial Group?
American Financial Group was founded by Carl Henry Lindner Jr. in 1959. The company has grown from its Cincinnati, Ohio roots into a specialty insurance and annuity business serving commercial clients across the United States.
Is AFGE a long-term quality investment?
From a long-term quality perspective, AFGE's Good Quality and Attractive Valuation ratings are encouraging signals. However, the Weak Growth and Weak Moat ratings suggest the company may face headwinds in compounding value over time. UQS Pro members can view the complete pillar analysis to assess long-term fit.
What is the main competitive advantage of American Financial Group?
American Financial Group's focus on specialty commercial insurance lines — areas that require underwriting expertise and are less commoditized than standard personal lines — provides some differentiation. However, the UQS Moat pillar is rated Weak, indicating this advantage may not be strongly defensible relative to the broader sector.
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Pro Analysis
AFGE — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 93.9 | +0.1 |
| May 21, 2026 | 52.0 | 67.8 | 32.0 | 21.5 | 58.3 | 93.6 | -0.1 |
| May 19, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 94.3 | 0.0 |
| May 17, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 94.1 | -0.1 |
| May 16, 2026 | 52.2 | 67.8 | 32.0 | 21.5 | 58.3 | 94.5 | +0.1 |
| May 14, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 94.3 | 0.0 |
| May 12, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 94.1 | 0.0 |
| May 11, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 94.2 | +0.3 |
| May 10, 2026 | 51.8 | 67.8 | 32.0 | 21.5 | 58.3 | 91.8 | -0.3 |
| May 9, 2026 | 52.1 | 67.8 | 32.0 | 21.5 | 58.3 | 93.9 | -0.1 |
AFGE — Pillar Breakdown
Quality
— 67.8/100 (25%)American Financial Group, Inc. shows solid profitability with healthy returns on capital and reasonable margins.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 21.5/100 (20%)American Financial Group, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 58.3/100 (15%)American Financial Group, Inc. maintains a reasonable risk profile with manageable debt levels.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 95.2/100 (15%)American Financial Group, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 32/100 (25%)American Financial Group, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for AFGE.
Score Composition
Financial Data
More Stock Analysis
How is the AFGE UQS Score Calculated?
The UQS (Unified Quality Score) for American Financial Group, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses American Financial Group, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether American Financial Group, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.