S&P 500 Index Gains, but AFLAC Stock Sinks 0.33%
June 15, 2023
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AFLAC ($NYSE:AFL) Inc. is a global provider of supplemental insurance products, including accident, health and life insurance. On Monday, despite the S&P 500 Index having a positive trading session overall, AFLAC Inc. stock sank 0.33%, closing at $68.74. This slight decrease marked a majority of an otherwise good trading day for the company, which has seen its stock rise over 10% in the past year.
The stock’s decline may have been a result of some investors cashing out gains on a good day, or it may have simply been a short-term reaction to news that didn’t benefit the company in the long run. Regardless, AFLAC Inc. seems to have maintained investor confidence in the long-term; the company recently declared a 3 percent dividend increase and remains a strong player in the supplemental insurance industry.
Analysis
GoodWhale has conducted a detailed analysis of AFLAC INCORPORATED‘s fundamentals, and determined that it is classified as a ‘cow’; a type of company with the track record of paying out consistent and sustainable dividends. Based on this assessment, we can conclude that AFLAC INCORPORATED is an attractive option for dividend investors. Furthermore, with regards to its asset, growth, and profitability metrics, AFLAC INCORPORATED is noted as being of medium strength. However, GoodWhale is pleased to report that AFLAC INCORPORATED is quite strong in terms of health score; with an impressive score of 8/10 with regard to its cashflows and debt, it is well-equipped to sustain future operations in times of crisis. This makes AFLAC INCORPORATED an attractive pick for investors who prioritize stability and dependability. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aflac Incorporated. More…
| Total Revenues | Net Income | Net Margin |
| 19.13k | 4.36k | 22.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aflac Incorporated. More…
| Operations | Investing | Financing |
| 3.88k | -1.54k | -3.55k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aflac Incorporated. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 134.97k | 115.18k | 36.91 |
Key Ratios Snapshot
Some of the financial key ratios for Aflac Incorporated are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -4.1% | – | 24.8% |
| FCF Margin | ROE | ROA |
| 20.3% | 10.9% | 2.3% |
Peers
Aflac Inc is one of the leading providers of supplemental insurance in the United States. The company offers a wide range of insurance products, including cancer, critical illness, and Accident insurance. Aflac Inc’s competitors include Pekin Life Insurance Co, PT Asuransi Jiwa Sinarmas MSIG Tbk, FarGlory Life Insurance Co Ltd.
– Pekin Life Insurance Co ($OTCPK:PKIN)
Pekin Life Insurance Co is a life insurance company with a market cap of $159.59M as of 2022. The company has a Return on Equity of 24.43%. Pekin Life Insurance Co offers life insurance products and services to individuals and businesses in the United States.
– PT Asuransi Jiwa Sinarmas MSIG Tbk ($IDX:LIFE)
Sinarmas MSIG Tbk. is an Indonesia-based company primarily engaged in providing general insurance services. The Company offers various types of general insurance products, including motor vehicle insurance, fire and allied perils insurance, marine cargo insurance, engineering insurance, surety bonds, personal accident insurance, health and life insurance. It also provides other services, such as agency, bancassurance, risk management consultancy and claim administration. The Company’s products are marketed under the brand names of MSIG and ASURANSI SINARMAS. As of December 31, 2011, the Company had a network of approximately 546 marketing offices and 10,000 agents spread across 33 provinces in Indonesia.
– FarGlory Life Insurance Co Ltd ($TPEX:5859)
Founded in 1937, FarGlory Life Insurance Company Ltd. is one of the oldest and largest life insurers in China. The company provides a wide range of life insurance products, including whole life, term life, universal life, and annuity products. It also offers health, accident, and long-term care insurance. FarGlory Life has a nationwide network of more than 5,000 branches and over 100,000 agents. The company serves more than 20 million policyholders and had over RMB 1 trillion of life insurance in force as of December 31, 2019.
Summary
Investors in AFLAC Incorporated experienced a slight downturn of 0.33% on Monday, as the stock dropped to $68.74. Despite this, the market overall remained strong, with the S&P 500 index rising. Investors should take note of this and consider the potential risk associated with investing in AFLAC Incorporated, but also take into account the potential for reward. With the current market conditions, AFLAC Incorporated may be an attractive option for investors looking to diversify their portfolio.
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