Aflac Incorporated (AFL) is highlighted as being among the undervalued dividend aristocrats favoured by hedge funds and has shown a compounded annual growth rate (CAGR) of 17% to-18% over the last five years for its shareholders. The third quarter results announced by Aflac report net losses of $93 million, even though the adjusted EPS growth remained strong, boosted by foreign elements. Nevertheless, Aflac has declared its fourth quarter cash dividend and plans to increase the dividend to $0.58. However, Evercore ISI has suggested that some of Aflac's guidance may be disappointing. Despite a recent weakness, the financials for Aflac look strong which may attract potential shareholders. Technical measures suggest that Aflac is getting closer to a turnaround after being down by 6.55% in 4 weeks. Aflac has been strengthening its leadership with strategic SVP hires to target major account growth and has promoted Virgil R. Miller as the President of Aflac. Lastly, Aflac has shown solidarity and support for children's cancer care by unveiling the 2024 Holiday Duck and carrying on its legacy of over $4 million support.
Aflac AFL News Analytics from Mon, 26 Feb 2024 08:00:00 GMT to Sat, 28 Dec 2024 14:08:08 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor 4
