AFL Stock Recent News

14th annual Aflac WorkForces Report uncovers very high levels of burnout are  nearly twice as likely among U.S. Hispanic employees than non-Hispanics COLUMBUS, Ga. , Nov. 12, 2024 /PRNewswire/ -- American employers and employees are facing a conundrum: heightened levels of workplace stress and burnout.

30-year group insurance industry veteran will leverage his carrier and benefits consulting experience to further deepen Aflac's distribution model and drive profitable growth COLUMBUS, Ga. , Nov. 11, 2024 /PRNewswire/ -- Aflac, the leading provider of supplemental health insurance in the U.S.1, today announced the hiring of JR Shamley for the newly created position of senior vice president, National Account Business Development and Growth Solutions.

Aflac (AFL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Aflac gets upgraded to Buy from my prior hold rating a year ago, driven by policy growth & retention in Q3 despite net earnings loss. Although the stock trades near a 10-year-high, it is still undervalued to key peers in terms of fwd P/E and trailing P/B ratios. A trend of dividend growth looks to continue its sustainability.

AFL's third-quarter earnings benefit from higher net investment income and reduced operating expenses. Lower benefits and expenses in the Japan segment partially offset the positives.

Shares of insurance name Root (ROOT) are trading at roughly  three-year highs , on track for their best session on record after a surprise third-quarter earnings beat.

Aflac Incorporated (NYSE:AFL ) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants David Young - VP, Capital Markets Dan Amos - Chairman & CEO Max Broden - EVP & CFO Virgil Miller - President, Aflac U.S. Charles Lake - Chairman & President, Aflac International Masatoshi Koide - President, Aflac Life Insurance Japan Brad Dyslin - Global CIO & President, Aflac Global Investments Koichiro Yoshizumi - EVP, Sales & Marketing, Aflac Life Insurance Japan Alycia Slyck - Global Chief Actuary Conference Call Participants Joel Hurwitz - Dowling & Partners Tom Gallagher - Evercore ISI Wes Carmichael - Autonomous Research Ryan Krueger - KBW John Barnidge - Piper Sandler Jimmy Bhullar - J.P. Morgan Wilma Burdis - Raymond James Nick Annitto - Wells Fargo Operator Good day, and welcome to the Aflac Incorporated Third Quarter 2024 Earnings Call.

Although the revenue and EPS for Aflac (AFL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Aflac (AFL) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.70 per share. This compares to earnings of $1.84 per share a year ago.

COLUMBUS, Ga. , Oct. 30, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today the promotion of Virgil R.