Aflac (AFL) - Stock split history (2024)

FAQs

How many times has aflac stock split? ›

Aflac stock (symbol: AFL) underwent a total of 10 stock splits.

It's finally happened. Aflac declares a stock split for the first time in 17 years.

After a split, the stock price will be reduced (because the number of shares outstanding has increased). In the example of a 2-for-1 split, the share price will be halved.

The average price target for AFLAC is $86.33. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $100.00 ,the lowest forecast is $75.00. The average price target represents -2.77% Decrease from the current price of $88.79.

Right now, Aflac's payout ratio is 32%, which means it paid out 32% of its trailing 12-month EPS as dividend. Earnings growth looks solid for AFL for this fiscal year. The Zacks Consensus Estimate for 2024 is $6.46 per share, representing a year-over-year earnings growth rate of 3.69%.

Aflac stock has received a consensus rating of hold. The average rating score is and is based on 20 buy ratings, 21 hold ratings, and 2 sell ratings.

Prudential Financial, Inc.

(NYSE:PRU) is one of the best alternatives to Aflac with 18 million customers on board. Prudential Financial, Inc. (NYSE:PRU) provides a range of supplemental health benefits. The company provides coverage for accidents, critical illness, and hospital indemnity.

AFLAC VALUE RIDER Pays $1,000 every 5 years while the policy is in force (up to five times), less any disability claims paid or $100, whichever is greater.

Do stock splits benefit investors? – It's nice to own more shares after a split, since the reduced per-share price might mean there's room for greater potential price growth. But investors shouldn't buy a stock simply because they hope it'll rise in price after a split.

Do stocks usually go up after a split? ›

“Historically, stocks have notched 25% total returns in the 12 months after a split is announced, compared to 12% for the broad index,” according to the BofA Global Research's research investment committee.

Alphabet and Amazon both announced massive 20 for 1 stock splits in 2022, which was understandable since their shares were trading north of as much as $1,000 by then.

Are Stock Splits Good or Bad? Stock splits are generally done when the stock price of a company has risen so high that it might become an impediment to new investors. Therefore, a split is often the result of growth or the prospects of future growth, and it's a positive signal.

Yes, according to Bank of America's Research Investment Committee. It found that stocks have achieved total returns of 25% in the 12 months after announcing a stock split. By comparison, the S&P 500 rose around 12%, on average, during the same period.

Aflac stock has received a consensus rating of hold. The average rating score is and is based on 20 buy ratings, 21 hold ratings, and 2 sell ratings.

AFLAC U.S.

Pretax adjusted earnings were $302 million, 10.9% lower than a year ago, primarily due to higher adjusted expenses and benefits offset by higher adjusted net investment income. The pretax adjusted profit margin for the U.S. segment was 18.4%, compared with 20.9% a year ago.

A stock split lowers its stock price but doesn't weaken its value to current shareholders. It increases the number of shares and might entice would-be buyers to make a purchase. The total value of the stock shares remains unchanged because you still own the same value of shares, even if the number of shares increases.

A company may choose to split its stock as many times as it would like. For instance, Apple also split its stock 7-for-1 in 2014, 2-for 1 in 2005, 2-for-1 in 2000, and 2-for-1 in 1987.