AFGB American Financial Group, Inc. 5.875% Subordinated Debentures due 2059

NYSE · Insurance
$20.68
Price · Aug 18, 2026

About American Financial Group, Inc. 5.875% Subordinated Debentures due 2059 Company overview from Wikipedia

American Financial Group, Inc. is an American financial services holding company headquartered in Cincinnati, Ohio. Its primary businesses are insurance and investments.

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American Financial Group, Inc. is an American financial services holding company headquartered in Cincinnati, Ohio. Its primary businesses are insurance and investments.

Lines of business

American Financial Group's major insurance division operates as Great American Insurance, founded in 1872, and focuses on property and casualty insurance services. Other affiliates and subsidiaries include Great American Custom, Mid-Continent Group, National Interstate, and Republic Indemnity. Insurance specialties also include equine, trucking, executive liability, fidelity and crime, and agribusiness. Great American Financial Resources is a wholly owned subsidiary of American Financial Group and supplies a range of annuities, life insurance products and supplemental insurances to individuals and enterprises.

The parent company, AFG, is owned principally by the family of financier Carl Lindner, Jr., who bought the company in 1973 and served as its chairman until his death in 2011. The senior Lindner's sons, Carl H. Lindner III and S. Craig Lindner serve as co-chief executive officer.

History

American Financial Group was ranked 486th on the Fortune 500 list in 2004. Through the years American Financial Group has owned a number of subsidiaries, real estate properties, and companies, including The Mountain View Grand Resort & Spa in Whitefield, New Hampshire, The Cincinnatian in Cincinnati, Ohio, The Biltmore in Coral Gables, Florida, Le Pavillon in New Orleans, Louisiana, and the Charleston Harbor Resort and Marina in Charleston, South Carolina. Great American Insurance Group partnered with the Cincinnati Reds baseball team to purchase naming rights for Great American Ball Park upon its opening in 2003.

On December 6, 2006, American Financial sold assets acquired from successors to the dissolution of the Penn Central Railroad including the land under Grand Central Terminal and the 156 miles (251 km) of Metro North track leading to the New York City landmark to Argent Ventures. The company announced in December 2007 that it would combine its offices and move its headquarters to the brand new Great American Insurance Building at Queen City Square in 2011.

American Financial Group was one of the first publicly traded Fortune 500 companies to make political donations after corporations' freedom of speech rights were expanded to include donations as a result of the Citizens United v. FEC decision. Carl Lindner, Jr is a longtime top Republican donor, donating millions of his personal income to candidates and political action committees, which sent ripples in campaign finance circles during the 2010 mid-term elections. American Financial, of which Lindner has a non-majority 42% share, donated $400,000 to the Republican-allied PAC American Crossroads.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

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AFGB Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$20.68
Market Cap
P/E (TTM)
EPS (TTM)
Revenue (TTM)
Div Yield
ROE
Debt/Equity
52W Range
$20 – $23

AFGB Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income
EPS
Free Cash Flow
Margins

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
AFGB
Peer Median

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
AFGB
Peer Median

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
AFGB
Peer Median

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
AFGB
Peer Median

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
AFGB
Peer Median

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
AFGB
Peer Median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
5Y Div CAGR
Ex-dateAmount
June 15, 2026$0.3670
March 13, 2026$0.3670
Dec. 15, 2025$0.3670
Sept. 15, 2025$0.3670
June 13, 2025$0.3670
March 14, 2025$0.3670
Dec. 13, 2024$0.3670
Sept. 13, 2024$0.3670
June 14, 2024$0.3670
March 14, 2024$0.3670
Dec. 14, 2023$0.3670
Sept. 14, 2023$0.3670
June 14, 2023$0.3670
March 14, 2023$0.3670
Dec. 14, 2022$0.3670
Sept. 14, 2022$0.3670
June 14, 2022$0.3670
March 14, 2022$0.3670
Dec. 14, 2021$0.3670
Sept. 14, 2021$0.3670

AFGB Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 12 analysts
  • Strong Buy 1 8.3%
  • Buy 4 33.3%
  • Hold 7 58.3%
  • Sell 0 0.0%
  • Strong Sell 0 0.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.11%
Period EPS Actual EPS Est Surprise
June 30, 2026 $2.82 $2.33 0.49%
March 31, 2026 $2.47 $2.56 -0.09%
Dec. 31, 2025 $3.65 $3.35 0.30%
Sept. 30, 2025 $2.69 $2.53 0.16%
June 30, 2025 $2.14 $2.10 0.04%
March 31, 2025 $1.81 $2.05 -0.24%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
AFGB
L 13.2 5.4% 9.0% 9.3%
MKL $27.06B 12.7 4.7% 13.6% 11.9%
AIZ
CNA $12.92B 10.2 5.0% 8.5% 11.6%
FNF $14.79B 24.7 5.6% 4.2% 7.9%
AFG $11.40B 13.6 -1.8% 10.3% 18.1%
ERIE 7.2% 13.8% 25.0%
ORI 12.3 11.0% 10.2% 16.2%
KNSL $9.05B 18.1 18.0% 26.9% 27.4%
THG 10.1 5.7% 10.1% 20.7%

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Institutional owners (13F) 3 filers · $27K total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
0 (-1 vs prior Q) 0 (-1 vs prior Q) 2 (+2 vs prior Q) 0 (-1 vs prior Q) +367

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BOYD WATTERSON ASSET MANAGEMENT LLC/OH $15,125 751 55.17% Shares
First Command Advisory Services, Inc. $10,004 495 36.49% Shares
PNC Financial Services Group, Inc. $2,284 113 8.33% Shares

Company insiders 9 insiders · 2 officers · 8 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
David Lawrence Thompson Jr President of Subsidiary June 23, 2026 S 584,098 0 1 $-1,535,518
Michelle A Gillis Senior Vice President June 24, 2026 S 13,135 0 1 $-312,333
Amy Y Murray Director June 1, 2026 A 3,950 0 0 $0
Evans N Nwankwo Director June 1, 2026 A 7,646 0 0 $0
Mary Beth Martin Director June 1, 2026 A 11,493 0 0 $0
Roger K Newport Director June 1, 2026 A 4,961 0 0 $0
Gregory G Joseph Director June 1, 2026 A 48,592 0 0 $0
William W Verity Director June 1, 2026 A 14,418 0 0 $0
John I Von Lehman Director June 1, 2026 A 13,762 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 2 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
American Financial Group, Inc., Great American Insurance Company March 7, 2016 Initial filing SEC
S.S. OR ×2 filings April 13, 2010 Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 1 ETF

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
GPRF · Goldman Sachs ETF Trust 0.05% 1,975 NS May 31, 2026 N-PORT