NASDAQ:AAME

Atlantic American (AAME) Stock Forecast, Price & News

$1.83

-0.05 (-2.40%)

(As of 10:51 AM ET)

Compare

Today's Range: $1.83
▼
$1.87
50-Day Range: $1.73
▼
$2.10
52-Week Range: $1.67
▼
$3.14

Volume: 536 shs
Average Volume: 5,044 shs
Market Capitalization: $37.33 million

P/E Ratio: 183.00
Dividend Yield: 1.09%
Price Target: N/A

Atlantic American MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
1.52% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.36
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.27 out of 5 stars

Finance Sector

843rd out of 857 stocks

Life Insurance Industry

20th out of 22 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Atlantic American.

2.0

Short Interest

Percentage of Shares Shorted
1.52% of the float of Atlantic American has been sold short.
Short Interest Ratio / Days to Cover
Atlantic American has a short interest ratio ("days to cover") of 8.8.
Change versus previous month
Short interest in Atlantic American has recently increased by 5.47%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
Atlantic American pays a meaningful dividend of 1.05%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Atlantic American does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Atlantic American is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AAME.

1.9

News and Social Media Coverage

News Sentiment
Atlantic American has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Atlantic American this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Atlantic American insiders have not sold or bought any company stock.
Percentage Held by Insiders
79.95% of the stock of Atlantic American is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 5.67% of the stock of Atlantic American is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Atlantic American is 183.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Atlantic American is 183.00, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 62.02.
Price to Book Value per Share Ratio
Atlantic American has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Atlantic American (NASDAQ:AAME) Stock

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including business automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; and inland marine and general liability insurance products. It also provides surety bond coverage for subdivision construction; school bus contracts; and performance and payment bonds. In addition, the company offers individual and group whole life insurance products; medicare supplement insurance products; and other accident and health insurance products comprising various individual and group policies for the payment of standard benefits for the treatment of diagnosed cancer and other critical illnesses, as well as various other products, such as short-term nursing facility care, accident expense, hospital indemnity, and disability coverages. It markets its products through independent agents and brokers. The company was founded in 1937 and is headquartered in Atlanta, Georgia. Atlantic American Corporation operates as a subsidiary of Atlantic American / Delta Group.

AAME Price History

30 days | 90 days | 365 days | Advanced Chart

AAME Stock News Headlines

October 3, 2023 | americanbankingnews.com

Atlantic American Co. (NASDAQ:AAME) Short Interest Update

September 30, 2023 | msn.com

The #1 seafood restaurant in Atlantic City, according to reviewers on Tripadvisor

October 4, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

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September 29, 2023 | americanbankingnews.com

Atlantic American (NASDAQ:AAME) Shares Cross Below 200 Day Moving Average of $2.11

September 29, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on Atlantic American (NASDAQ:AAME)

September 27, 2023 | news.yahoo.com

Black Musician Blasts American Airlines for Assuming He Was Trafficking His Own Kids

September 24, 2023 | finance.yahoo.com

One Atlantic American Insider Raised Their Stake In The Previous Year

September 15, 2023 | msn.com

Here Comes Major Hurricane Nigel: Yet Another Atlantic System Poised For Rapid Intensification, Forecasters Say

October 4, 2023 | Chaikin Analytics (Ad)

Something is Coming for America's Top Stock

This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.

September 11, 2023 | msn.com

The #1 restaurant in Atlantic City, according to Tripadvisor reviews—plus, see the rest of the top 30

September 8, 2023 | msn.com

Category 5 Hurricanes: Atlantic Basin History Since 1924

September 3, 2023 | yahoo.com

An American, a Brit and a Swede will soon attempt to cross the Atlantic Ocean in a hydrogen gas balloon

August 8, 2023 | finance.yahoo.com

Atlantic American Corporation Reports Second Quarter Results for 2023; Declares Annual Dividend

July 20, 2023 | finance.yahoo.com

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries

July 4, 2023 | msn.com

Play a Game of (Atlantic-Themed) Trivia for the Fourth

June 30, 2023 | finance.yahoo.com

Atlantic American Corporation Reports Fourth Quarter and Year-End Results for 2022, First Quarter Results for 2023

June 24, 2023 | msn.com

The #1 dessert shop in Atlantic City, according to Tripadvisor—plus, see the rest of the top 19

May 24, 2023 | finance.yahoo.com

AM Best Places Credit Ratings of Atlantic American Corporation and Its Subsidiaries Under Review With Developing Implications

May 22, 2023 | finance.yahoo.com

Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing

April 21, 2023 | finance.yahoo.com

Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-K Filing

April 17, 2023 | finance.yahoo.com

One Atlantic American Corporation (NASDAQ:AAME) insider upped their stake by 2.7% in the previous year

April 11, 2023 | msn.com

The Atlantic’s May Cover Story: “American Madness”

April 9, 2023 | msn.com

The Best Things to do in Atlantic City With Kids

April 2, 2023 | msn.com

Florida Atlantic’s Storybook Season Ends In Heartbreaking Fashion

March 30, 2023 | msn.com

The #1 affordable restaurant in Atlantic City right now, according to Tripadvisor

March 29, 2023 | msn.com

A Great Day for The Atlantic

March 28, 2023 | msn.com

The #1 Chinese restaurant in Atlantic City, according to Tripadvisor

See More Headlines

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AAME Company Calendar

Last Earnings: 8/08/2023
Ex-Dividend for 9/12 Dividend: 8/21/2023
Dividend Payable: 9/12/2023
Today: 10/04/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Life insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:AAME
CUSIP: N/A
CIK: 8177
Web: www.atlam.com
Phone: (404) 266-5500
Fax: 404-266-5596
Employees: 141
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.01
Trailing P/E Ratio: 183.00
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.52 million
Net Margins: 0.35%
Pretax Margin: 0.44%
Return on Equity: 4.90%
Return on Assets: 1.37%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.29
Quick Ratio: 0.29

Sales & Book Value

Annual Sales: $187.85 million
Price / Sales: 0.20
Cash Flow: $1.41 per share
Price / Cash Flow: 1.30
Book Value: $5.01 per share
Price / Book: 0.37

Miscellaneous

Outstanding Shares: 20,400,000
Free Float: 4,091,000
Market Cap: $37.33 million
Optionable: Not Optionable
Beta: 0.26

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Key Executives

Mr. Hilton Hatchett Howell Jr. (Age 61)
Chairman, Pres & CEO
Comp: $1.38M

Mr. Jeffrey Ross Franklin CPA (Age 45)
VP, CFO & Corp. Sec.
Comp: $715.68k

Mr. John Dunbar
Chief Information Officer & VP

Ms. Barbara B. Snyder
VP of HR

Mr. Ricky David Burns
Exec. VP

Mr. Casey Brant Hudson
VP & Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

AAME Stock - Frequently Asked Questions

How have AAME shares performed in 2023?: Atlantic American's stock was trading at $2.3410 at the beginning of 2023. Since then, AAME shares have decreased by 21.8% and is now trading at $1.83.
View the best growth stocks for 2023 here.
Are investors shorting Atlantic American?: Atlantic American saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 59,800 shares, an increase of 5.5% from the August 31st total of 56,700 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is currently 8.8 days. Approximately 1.5% of the shares of the company are short sold.
View Atlantic American's Short Interest.
When is Atlantic American's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our AAME earnings forecast.
How were Atlantic American's earnings last quarter?: Atlantic American Co. (NASDAQ:AAME) issued its quarterly earnings results on Tuesday, August, 8th. The financial services provider reported $0.08 earnings per share for the quarter. The financial services provider had revenue of $49.19 million for the quarter. Atlantic American had a trailing twelve-month return on equity of 4.90% and a net margin of 0.35%.
How often does Atlantic American pay dividends? What is the dividend yield for Atlantic American?: Atlantic American announced an annual dividend on Tuesday, August 8th. Shareholders of record on Tuesday, August 22nd will be paid a dividend of $0.02 per share on Tuesday, September 12th. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Monday, August 21st.
Read our dividend analysis for AAME.
Is Atlantic American a good dividend stock?: Atlantic American (NASDAQ:AAME) pays an annual dividend of $0.02 per share and currently has a dividend yield of 1.05%. The dividend payout ratio is 200.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AAME.

What other stocks do shareholders of Atlantic American own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Atlantic American investors own include Arbutus Biopharma (ABUS), AutoWeb (AUTO), Energy Transfer (ET), FuelCell Energy (FCEL), Inpixon (INPX), Abeona Therapeutics (ABEO), ARCA biopharma (ABIO), AcelRx Pharmaceuticals (ACRX), Acasti Pharma (ACST) and Atlas Financial (AFH).
What is Atlantic American's stock symbol?: Atlantic American trades on the NASDAQ under the ticker symbol "AAME."
How do I buy shares of Atlantic American?: Shares of AAME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Atlantic American's stock price today?: One share of AAME stock can currently be purchased for approximately $1.83.
How much money does Atlantic American make?: Atlantic American (NASDAQ:AAME) has a market capitalization of $37.33 million and generates $187.85 million in revenue each year. The financial services provider earns $1.52 million in net income (profit) each year or $0.01 on an earnings per share basis.
How many employees does Atlantic American have?: The company employs 141 workers across the globe.
How can I contact Atlantic American?: Atlantic American's mailing address is 4370 PEACHTREE ROAD NE, ATLANTA GA, 30319. The official website for the company is www.atlam.com. The financial services provider can be reached via phone at (404) 266-5500, via email at rfranklin@atlam.com, or via fax at 404-266-5596.

This page (NASDAQ:AAME) was last updated on 10/4/2023 by MarketBeat.com Staff

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