Market Update (NYSE:AFL): Aflac Incorporated to Release First Quarter Results on April 26, 2016

[PR Newswire] – COLUMBUS, Ga., April 19, 2016 /PRNewswire/ — Aflac Incorporated (NYSE: AFL) announced today that it will release first quarter financial results after the market closes on April 26, 2016. In conjunction … Read more on this. Aflac Incorporated (AFL) , with a current value of $28.31B, started the session at $67.25. During today’s session, AFL traded between $67.17 to $67.63 with the price of the stock fluctuating between $51.41 to $67.63 over the last 52 weeks. Priced at 10.47x this year’s forecasted earnings, AFL shares are relatively inexpensive compared to the industry’s 14.72x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.64 per share annually in dividends, yielding 2.45%. According to a consensus of 18 analysts, the earnings estimate of $1.62 per share would be $0.08 better than the year-ago quarter and a $0.03 sequential increase. The full-year EPS estimate is $6.42 which would be a $0.26 improvement than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $5.24 Billion. If reported, that would be a 0.19% increase over the year-ago quarter. More recently, Macquarie upgraded AFL from Neutral to Outperform (Apr 14, 2016). Previously, Citigroup upgraded AFL from Neutral to Buy. With the above information in mind, readers should note that the average price target is $66.94, which is 0.46% below where the stock opened this morning. See more in (NYSE:AFL) Similar Articles: Market Update: AFLAC Inc (NYSE:AFL) – Aflac Incorporated Presentation Available for On-Demand Viewing at VirtualInvestorConferences.com Stock Update (NYSE:AFL): Aflac Incorporated Announces Fourth Quarter Results, Affirms 2016 Operating EPS and Sales Outlook, Declares First Quarter Cash Dividend Market Update: AFLAC Inc (NYSE:AFL) – The Aflac Duck Rings in a Magical New Year