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Columbus, Georgia-based Aflac Incorporated (AFL) is a financial services company that provides supplemental health and life insurance policies. Valued at a market cap of $59.8 billion, the company is well known for promptly paying cash benefits directly to policyholders when claims are eligible, and for its strong corporate ethics reputation.
This insurance company has lagged behind the broader market over the past 52 weeks. Shares of AFL have gained 5% over this time frame, while the broader S&P 500 Index ($SPX) has soared 13.3%. Moreover, on a YTD basis, the stock is up 9.9%, compared to SPX’s 15.5% return.