Streetbeat News

AMSF

AMERISAFE, Inc.

https://www.amerisafe.com

Industry

Insurance - Specialty

AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. The company was incorporated in 1985 and is based in DeRidder, Louisiana.

Open

57.46

Mkt cap

1.1B

Volume

17K

High

58.45

P/E Ratio

17.84

52-wk high

60.24

Low

57.10

Div yield

0.09

52-wk low

41.97

JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating on AMERISAFE (NASDAQ:AMSF), maintaining a $65 price target. This reaffirmation suggests a positive outlook on AMSF's stock performance.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 3:25 pm

AMERISAFE, a specialty provider of workers' compensation insurance, has announced an increase in its quarterly dividend from $0.34 to $0.37 per share. This decision reflects the company's strong financial health and commitment to returning value to its shareholders.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:44 pm

AMERISAFE (NASDAQ:AMSF) reported Q4 earnings with an EPS of $0.74, beating estimates by 4.23% and showing a revenue increase of $355 thousand year-over-year. Despite a miss in the previous quarter's EPS leading to a share price drop, the current performance indicates a positive trend.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:25 pm

AMERISAFE reported Q4 2023 adjusted EPS of $0.74, surpassing the $0.71 estimate, with sales of $80.12M exceeding the $75.15M forecast. This represents a 0.45% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 21, 2024 | 9:21 pm

The article lists companies scheduled to report their earnings on February 21, 2024, including their expected earnings per share and revenue. It covers a wide range of industries and includes both companies expected to report profits and losses.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 10:09 am

AMERISAFE (NASDAQ:AMSF) is scheduled to release its quarterly earnings report on February 21, 2024, with analysts expecting an EPS of $0.71. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to varying stock price reactions. Shares of AMERISAFE were trading at $50.25 as of February 19, reflecting an 8.12% decline over the last 52 weeks. Investors are keenly awaiting the report and guidance for future growth.

Portfolio Pulse from Benzinga Insights

February 20, 2024 | 3:02 pm

In Wednesday's intraday session, insurance stocks saw movement with Arch Capital Group (ACGL), American Coastal (ACIC), AMERISAFE (AMSF), Hamilton Insurance Group (HG), Everest Group (EG), and Brighthouse Finl (BHFAP) recording gains. Conversely, Crawford (CRD), Marpai (MRAI), Fanhua (FANH), Root (ROOT), and Maiden Hldgs (MHLD) experienced declines. The article provides updates on stock prices, trading volumes, and market capitalizations.

Portfolio Pulse from Benzinga Insights

January 31, 2024 | 5:40 pm

Insurance stocks saw significant movement in Thursday's intraday session. Willis Towers Watson, Stewart Information Servs, Global Indemnity Group, Old Republic Intl, First American Financial, and Fidelity National Finl were the gainers, with their stocks rising between 3.15% and 11.79%. On the other hand, Kingstone Companies, Oscar Health, Employers Holdings, Reliance Global Group, AMERISAFE, and Citizens saw their stocks fall between 3.55% and 5.33%. Q3 earnings reports were released for several of these companies.

Portfolio Pulse from Benzinga Insights

October 26, 2023 | 5:40 pm

AMERISAFE, Inc. (NASDAQ:AMSF), a provider of workers' compensation insurance, has declared a special cash dividend of $3.50 per share, payable on December 15, 2023, to shareholders of record as of December 1, 2023. The company also declared a regular quarterly dividend of $0.34 per share, payable on the same dates. Over the past eleven years, the company has declared $42.89 per share in dividends, including $9.64 in regular dividends and $33.25 in special dividends.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2023 | 8:58 pm

AMERISAFE (NASDAQ:AMSF) reported Q3 earnings of $0.61 per share, missing the analyst consensus estimate of $0.69 by 11.59%. This is a 16.44% decrease from the same period last year. The company also reported quarterly sales of $72.64 million, missing the analyst consensus estimate of $74.44 million by 2.42%. However, this is a 1.77% increase from the same period last year.

Portfolio Pulse from bharat@benzinga.com

October 25, 2023 | 8:30 pm

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