Somewhat Favorable Media Coverage Somewhat Unlikely to Impact AFLAC (AFL) Share Price
Headlines about AFLAC (NYSE:AFL) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AFLAC earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 43.8030000501577 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- AFLAC (AFL) Research Coverage Started at UBS Group (americanbankingnews.com)
- Pittenger & Anderson Inc. Grows Holdings in AFLAC Incorporated (AFL) (americanbankingnews.com)
- Haverford Trust Co. Has $1.05 Million Holdings in AFLAC Incorporated (AFL) (americanbankingnews.com)
- AFLAC (AFL) Shares to Split on Monday, March 19th (americanbankingnews.com)
- UBS Gets Bullish On Insurance Stocks (finance.yahoo.com)
AFLAC (AFL) traded down $0.15 on Friday, hitting $87.51. The stock had a trading volume of 2,547,700 shares, compared to its average volume of 2,350,000. The company has a market cap of $34,100.00, a price-to-earnings ratio of 12.00, a price-to-earnings-growth ratio of 2.28 and a beta of 0.96. The company has a current ratio of 0.05, a quick ratio of 0.07 and a debt-to-equity ratio of 0.22. AFLAC has a 52-week low of $70.64 and a 52-week high of $91.73.
AFLAC (NYSE:AFL) last released its quarterly earnings results on Wednesday, January 31st. The financial services provider reported $1.60 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.55 by $0.05. The firm had revenue of $5.42 billion during the quarter, compared to analyst estimates of $5.44 billion. AFLAC had a return on equity of 12.29% and a net margin of 20.18%. The business’s revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.44 EPS. research analysts forecast that AFLAC will post 7.68 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Stockholders of record on Wednesday, February 21st were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.38%. This is a positive change from AFLAC’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend was Tuesday, February 20th. AFLAC’s payout ratio is presently 28.53%.
A number of brokerages have recently commented on AFL. Zacks Investment Research upgraded AFLAC from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. Wells Fargo & Co reissued a “market perform” rating and set a $90.00 price target (up from $84.00) on shares of AFLAC in a research note on Tuesday, January 9th. ValuEngine raised AFLAC from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 2nd. UBS Group initiated coverage on AFLAC in a research note on Friday. They set a “neutral” rating and a $98.00 price target for the company. Finally, Janney Montgomery Scott reissued a “buy” rating on shares of AFLAC in a research note on Tuesday, January 16th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating, three have issued a buy rating and three have issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $84.96.
In other news, President Kriss Cloninger III sold 6,057 shares of the business’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $87.73, for a total value of $531,380.61. Following the completion of the transaction, the president now directly owns 241,099 shares of the company’s stock, valued at approximately $21,151,615.27. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider June P. Howard sold 2,648 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $90.33, for a total value of $239,193.84. The disclosure for this sale can be found here. Over the last three months, insiders sold 49,978 shares of company stock valued at $4,444,696. Corporate insiders own 3.00% of the company’s stock.
AFLAC Company Profile
Aflac Incorporated is a business holding company. The Company is involved in supplemental health and life insurance, which is marketed and administered through its subsidiary, American Family Life Assurance Company of Columbus (Aflac). The Company’s insurance business consists of two segments: Aflac Japan and Aflac U.S.
Receive News & Ratings for AFLAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AFLAC and related companies with MarketBeat.com's FREE daily email newsletter.