AMERISAFE (AMSF) Set to Announce Quarterly Earnings on Wednesday

AMERISAFE (NASDAQ:AMSF - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Individual interested in listening to the company's earnings conference call can do so using this link.

AMERISAFE (NASDAQ:AMSF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The insurance provider reported $0.74 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.08. AMERISAFE had a net margin of 20.24% and a return on equity of 17.19%. The firm had revenue of $73.88 million for the quarter, compared to analyst estimates of $75.15 million. On average, analysts expect AMERISAFE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMERISAFE Stock Performance

Shares of NASDAQ AMSF traded down $0.20 during midday trading on Wednesday, reaching $48.65. 151,550 shares of the company's stock were exchanged, compared to its average volume of 130,879. AMERISAFE has a 52-week low of $45.34 and a 52-week high of $57.06. The business's fifty day moving average price is $50.20 and its two-hundred day moving average price is $49.59. The stock has a market capitalization of $931.16 million, a PE ratio of 15.12 and a beta of 0.32.

AMERISAFE Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Friday, March 8th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 3.04%. The ex-dividend date was Thursday, March 7th. This is a positive change from AMERISAFE's previous quarterly dividend of $0.34. AMERISAFE's dividend payout ratio (DPR) is 45.82%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AMSF. TheStreet raised shares of AMERISAFE from a "c+" rating to a "b-" rating in a research report on Monday, March 4th. JMP Securities reissued a "market outperform" rating and set a $65.00 price objective on shares of AMERISAFE in a report on Monday.

Institutional Investors Weigh In On AMERISAFE

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in AMERISAFE by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 1,357,063 shares of the insurance provider's stock worth $63,483,000 after acquiring an additional 26,009 shares during the last quarter. Morgan Stanley raised its position in shares of AMERISAFE by 6.3% during the 3rd quarter. Morgan Stanley now owns 776,539 shares of the insurance provider's stock worth $38,881,000 after purchasing an additional 46,295 shares during the period. State Street Corp lifted its holdings in shares of AMERISAFE by 4.2% in the 1st quarter. State Street Corp now owns 738,721 shares of the insurance provider's stock worth $36,160,000 after purchasing an additional 29,968 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of AMERISAFE by 27.8% in the 2nd quarter. Goldman Sachs Group Inc. now owns 679,183 shares of the insurance provider's stock worth $35,325,000 after purchasing an additional 147,618 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in AMERISAFE by 3.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 636,573 shares of the insurance provider's stock valued at $31,619,000 after purchasing an additional 18,771 shares during the period. 97.41% of the stock is currently owned by institutional investors.

AMERISAFE Company Profile

AMERISAFE, Inc, an insurance holding company, underwrites workers' compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.