AFLAC (0H68) Share Price & Analysis
0H68 Stock Chart & Stats
- Day’s Range
- $123.79 - $127.32
- 52-Week Range
- $104.30 - $130.95
- Previous Close
- $123.38
- Volume
- 4
- Average Volume (3M)
- 1,200
- Market Cap
- $62.11B
- Enterprise Value
- $68.01B
- Total Cash (Recent Filing)
- $93.65B
- Total Debt (Recent Filing)
- $8.73B
- Price to Earnings (P/E)
- 13.3
- Beta
- 0.63
- Next Earnings
- Nov 04, 2026 (Est.)
- EPS Estimate
- 1.8
- Last Dividend Ex-Date
- Aug 19, 2026
- Dividend Yield
- 1.94%
Bulls Say, Bears Say
Bulls Say
Strong Profitability And Conservative Balance Sheet
Aflac combines high profitability with conservative capitalization, including zero reported TTM debt, rising equity, and a healthy return on equity. This financial foundation supports resilience through claims volatility, preserves flexibility for investment and capital returns, and strengthens the durability of its insurance franchise.
Cash Generation Supports Earnings Quality
Free cash flow matching net income indicates that reported earnings are supported by cash rather than relying primarily on accounting gains. Strong ongoing cash generation gives Aflac capacity to fund claims, maintain capital strength, invest in operations, and continue shareholder distributions over the coming quarters.
Product Momentum And Policy Persistency
Growth in newly launched Japanese products, combined with 92.7% policy persistency, supports recurring premium streams and broadens customer relationships. Tsumitasu’s cross-selling role may improve product depth, while retention helps spread acquisition costs and reinforce the value of Aflac’s distribution platform.
Bears Say
Weak And Volatile Top-line Growth
The sharp TTM revenue contraction, following a prior-year decline, raises concern about the durability of premium and investment-related growth despite strong margins. Persistent top-line weakness could constrain operating leverage, reduce reinvestment capacity, and make future earnings more dependent on underwriting or portfolio factors.
Higher U.S. Claims Pressure
A materially higher U.S. benefit ratio indicates claims are consuming more premium revenue, creating pressure on underwriting profitability. If elevated group disability claims persist, they could require pricing or reserve adjustments, weigh on pretax margins, and offset otherwise solid expense discipline in the core U.S. segment.
Japan Product Lapse And Reissue Risk
Higher lapse and reissue activity on new Japanese products can weaken persistency economics and reduce expected reserve-release benefits. It also complicates claims and profitability trends, making the contribution of recent launches less predictable and potentially increasing pressure on Japan’s benefit ratio over the next several months.
AFLAC News
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AFLAC Stock Smart Score
Company Description
AFLAC
Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.
- Sector
- Financial
- Industry
- Insurance - Life
- CEO
- Daniel Paul Amos
- Employees
- 12,716
- Website
- www.aflac.com
- Address
- 1932 Wynnton Road, Columbus, GA, 31999-7251, US
AFLAC (0H68) Earnings & Revenues
0H68 Company Deck
0H68 Earnings Call
Earnings Call SentimentPositive
The call conveyed a generally positive tone: management highlighted solid capital ratios, strong shareholder returns, active investment portfolio repositioning expected to boost recurring income, and product momentum in both Japan (Tsumitasu, Anshin Palette) and U.S. group/dental & vision channels. Offsetting issues were modest — near-term sales comparisons in Japan versus a strong 2025 quarter, a small decline in adjusted book value per share, some investment income shortfalls, elevated lapse/reissue activity on new Japan products and higher U.S. group disability claims. Management maintained constructive outlooks for capital deployment, reserve/reinsurance actions and premium growth (2025–2027 net earned premium CAGR guidance of 3%–6%), suggesting that positives outweigh the contained challenges.
View all GB:0H68 earnings summaries0H68 Net sales Breakdown
- 54.52% Aflac Japan
- 40.22% Aflac U.S.
- 7.44% Corporate and other
- -3.33% Net investment
- 0.26% Amortized hedge costs
- -0.57% Amortized hedge income
- 1.47% Net interest (income) expense from derivatives associated with certain investment strategies
0H68 Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 15 | 5 | 2 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 12 | 0 | 0 |












