Amerisafe, Inc. (NASDAQ:AMSF) – B. Riley issued their Q4 2018 earnings per share (EPS) estimates for shares of Amerisafe in a research note issued on Tuesday, January 8th. B. Riley analyst R. Binner expects that the insurance provider will post earnings per share of $0.81 for the quarter.
Amerisafe (NASDAQ:AMSF) last announced its earnings results on Wednesday, October 24th. The insurance provider reported $1.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.26. The business had revenue of $93.28 million for the quarter, compared to analyst estimates of $94.39 million. Amerisafe had a net margin of 14.15% and a return on equity of 15.21%.
Several other equities research analysts also recently weighed in on AMSF. BidaskClub downgraded Amerisafe from a “hold” rating to a “sell” rating in a report on Thursday, September 27th. Zacks Investment Research raised Amerisafe from a “hold” rating to a “buy” rating and set a $71.00 price target for the company in a report on Wednesday, October 10th. Boenning Scattergood reaffirmed a “hold” rating on shares of Amerisafe in a report on Thursday, October 25th. Finally, ValuEngine downgraded Amerisafe from a “buy” rating to a “hold” rating in a report on Wednesday. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $66.33.
Shares of AMSF opened at $54.65 on Thursday. Amerisafe has a 12-month low of $50.46 and a 12-month high of $67.96. The company has a market cap of $1.08 billion, a PE ratio of 17.74 and a beta of 0.54.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 28th. Shareholders of record on Friday, December 14th were issued a $0.22 dividend. This represents a $0.88 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date was Thursday, December 13th. Amerisafe’s dividend payout ratio (DPR) is currently 28.57%.
In other Amerisafe news, CEO G. Janelle Frost sold 1,623 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $64.41, for a total value of $104,537.43. Following the completion of the sale, the chief executive officer now owns 59,603 shares of the company’s stock, valued at $3,839,029.23. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 1.80% of the stock is currently owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the business. Dynamic Technology Lab Private Ltd purchased a new position in shares of Amerisafe in the third quarter valued at $227,000. Stevens Capital Management LP purchased a new position in shares of Amerisafe in the third quarter valued at $277,000. SG Americas Securities LLC increased its position in shares of Amerisafe by 101.5% in the second quarter. SG Americas Securities LLC now owns 9,930 shares of the insurance provider’s stock valued at $573,000 after buying an additional 5,003 shares in the last quarter. GSA Capital Partners LLP purchased a new position in shares of Amerisafe in the third quarter valued at $690,000. Finally, Millennium Management LLC purchased a new position in shares of Amerisafe in the second quarter valued at $694,000.
Amerisafe Company Profile
AMERISAFE, Inc, an insurance holding company, provides workers' compensation insurance in the United States. Its workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company serves small to mid-sized employers involved in construction, trucking, logging and lumber, manufacturing, agriculture, maritime, oil and gas, and other industries through agencies.
Featured Story: Earnings Per Share
Receive News & Ratings for Amerisafe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisafe and related companies with MarketBeat.com's FREE daily email newsletter.