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Tuesday, March 21, 2023

The Street Is Finally Waking Up To Aflac Incorporated (NYSE: AFL)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Aflac Incorporated (AFL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.44, or 0.60%, to $73.48. The Aflac Incorporated has recorded 98,220 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Roving Robot Brings Aquarium to Child Patient Rooms Across South Carolina.


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Stocks Info

Aflac Incorporated is listed on the NYSE as a member of the Financial sector and is a part of the Insurance – Life industry. At the end of the last regular session, the stock closed at $73.04 and fluctuated between $73.60 as its day high and $72.11 as its day low. The current market capitalization of Aflac Incorporated is $45.45B. A total of 1.78 million shares were traded on the day, compared to an average of 2.87M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, AFL has seen 2 BUY and 9 SELL insider trades, representing the acquisition of 17,104 and the disposition of 82,352 shares. Over the last 12 months, there were 32 BUYs and 39 SELLs from insiders. Insiders purchased 650,180 shares during that period but sold 530,664.

In the most recent transaction, MOSKOWITZ JOSEPH L sold 500 shares of AFL for 71.98 per share on Jan 03. After the transaction, the Director now owns 19,751 company shares. In a previous transaction on Dec 13, RIGGIERI ALBERT sold 4,688 shares at 70.60 per share. AFL shares that SVP, Chief Actuary owns now total 21,552.

Among the insiders who sold shares, TILLMAN AUDREY B disposed of 22,400 shares on Nov 18 at a per-share price of $70.80. This resulted in the Executive Vice President holding 151,706 shares of AFL after the transaction. In another insider transaction, LAKE CHARLES D II sold 14,130 shares at $70.01 per share on Nov 17. Company shares held by the Chairman & Rep. Director, ALIJ now total 36,375.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Aflac Incorporated pays an annual dividend of $1.68, resulting in a dividend yield of 2.30%, and it has a price to earnings (P/E) ratio of 9.32. AFL’s most recent ex-dividend date was 2/14/2023 when it declared a $0.42 quarterly dividend that was paid in cash on 3/1/2023. Previously, the company paid the dividend on 12/1/2022 with an ex-dividend date of 11/15/2022. The AFL stock dividend was $0.40 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for AFL in the last 3 months, the mean price target is $70.79 with high estimates of $80.00 and low estimates of $57.00. In terms of 52-week highs and lows, AFL has a high of $74.01 and a low of $52.07.

As of this writing, AFL has an earnings estimate of $1.21 per share for the current quarter. EPS was calculated based on a consensus of 13 estimates, with a high estimate of $1.31 per share and a lower estimate of $1.06. The company reported an EPS of $1.42 in the last quarter, which was 3.60% higher than expectations of $1.37.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for AFL is Underweight with a score of 3.40. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 11 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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