Aflac stock price traded in a tight range as

Aflac stock price traded in a tight range as institutional buyers held positions. Analysts forecast that favorable underwriting margins could help sustain positive momentum through year-end. Other players from the Accident and Health insurance industry include Aflac Incorporated AFL, Reinsurance Group of America RGA and Globe Life, Inc . GL. Aflac’s earnings surpassed estimates in two of the last four quarters and missed in the other two, the average surprise being 6.57%. Aflac’s stock prices gained 3.4% in the trading session following the release of its better-than-expected Q2 results on Aug. 5. During the quarter, Aflac observed a net investment loss of $421 million, compared to $696 million net investment gains reported in the year-ago quarter. This led to a 19% year-over-year drop in its overall revenues to $4.2 billion. However, this figure surpassed the Street’s expectations by 2.3%. The Aflac stock price near $88 remains a defensive hold in uncertain conditions, bolstered by management’s conservative fiscal strategy and capital allocation discipline.