Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company's automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage. Liability insurance provides coverage where the insured is responsible for an automobile accident, for the payment for injuries and property damage to third parties. Accident benefit policies or personal injury protection policies provide coverage for loss of income, medical and rehabilitation expenses for insured persons who are injured in an automobile accident, Physical damage coverages provide for the payment of damages to an insured automobile arising from a collision with another object or from other risks. In January 2013, the Company acquired Camelot Services Inc. and its insurance subsidiary, Gateway Insurance Company.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Property & Casualty Insurance
- Sub-Industry: N/A
- Symbol: NASDAQ:AFH
- CUSIP: N/A
- Web: www.atlas-fin.com
Capitalization:- Market Cap: $217.14 million
- Outstanding Shares: 12,030,000
Average Prices:- 50 Day Moving Avg: $16.53
- 200 Day Moving Avg: $14.67
- 52 Week Range: $12.15 - $18.60
P/E:- Trailing P/E Ratio: 74.09
- Foreward P/E Ratio: 9.38
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $197.16 million
- Price / Sales: 1.12
- Book Value: $11.54 per share
- Price / Book: 1.59
Profitability:- EBIDTA: ($1,700,000.00)
- Net Margins: 1.67%
- Return on Equity: -3.32%
- Return on Assets: -1.03%
Debt:- Debt-to-Equity Ratio: 0.17%
- Current Ratio: 0.63%
- Quick Ratio: 0.63%
Misc:- Average Volume: 31,638 shs.
- Beta: 0.87
- Short Ratio: 9.85
Frequently Asked Questions for Atlas Financial Holdings (NASDAQ:AFH)
What is Atlas Financial Holdings' stock symbol?
Atlas Financial Holdings trades on the NASDAQ under the ticker symbol "AFH."
How will Atlas Financial Holdings' stock buyback program work?
Atlas Financial Holdings announced that its board has initiated a stock buyback program on Wednesday, April 12th 2017, which permits the company to repurchase 650,000 shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.
How were Atlas Financial Holdings' earnings last quarter?
Atlas Financial Holdings, Inc. (NASDAQ:AFH) posted its quarterly earnings results on Monday, August, 7th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.30. The company had revenue of $55.70 million for the quarter, compared to analyst estimates of $58.50 million. Atlas Financial Holdings had a negative return on equity of 3.32% and a net margin of 1.67%. View Atlas Financial Holdings' Earnings History.
Where is Atlas Financial Holdings' stock going? Where will Atlas Financial Holdings' stock price be in 2017?
3 analysts have issued 12-month price objectives for Atlas Financial Holdings' shares. Their predictions range from $18.00 to $19.00. On average, they expect Atlas Financial Holdings' stock price to reach $18.50 in the next year. View Analyst Ratings for Atlas Financial Holdings.
What are analysts saying about Atlas Financial Holdings stock?
Here are some recent quotes from research analysts about Atlas Financial Holdings stock:
- 1. According to Zacks Investment Research, "Atlas Financial Holdings Inc. provides commercial automobile insurance policies primarily in the United States through its subsidiaries. The company provides insurance coverage to taxi cabs, non-emergency para-transit, limousine/livery and business auto. Atlas Financial Holdings Inc. is based in United States. " (8/15/2017)
- 2. Boenning Scattergood analysts commented, "We are raising our estimates and target price, and maintaining our Outperform rating." (8/8/2017)
Who are some of Atlas Financial Holdings' key competitors?
Some companies that are related to Atlas Financial Holdings include Donegal Group (DGICA), HCI Group (HCI), Heritage Insurance Holdings (HRTG), Berkshire Hathaway (BRK-B), Hallmark Financial Services (HALL), Federated National Holding Company (FNHC), Unico American Corporation (UNAM), Conifer Holdings (CNFR), Ageas SA (AGS), Allied World Assurance Company Holdings Ltd (AWH), Amlin plc (AML), Assicurazioni Generali SpA (G), Axa SA (CS), Catlin Group Limited (CGL), Endurance Specialty Holdings (ENH), Gable Holdings (GAH), HCI Group (HCII) and Insurance Australia Group Ltd (IAG).
Who owns Atlas Financial Holdings stock?
Atlas Financial Holdings' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wasatch Advisors Inc. (5.74%), Capital Returns Management LLC (4.75%), Vanguard Group Inc. (3.80%), WCM Investment Management CA (3.73%), Tieton Capital Management LLC (3.05%) and Royce & Associates LP (2.35%). Company insiders that own Atlas Financial Holdings stock include Jordan Kupinsky, Kingsway America Inc and Walter Frederick Walker. View Institutional Ownership Trends for Atlas Financial Holdings.
Who sold Atlas Financial Holdings stock? Who is selling Atlas Financial Holdings stock?
Atlas Financial Holdings' stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Royal Bank of Canada, Russell Investments Group Ltd., Prudential Financial Inc., Royce & Associates LP, OxFORD Asset Management LLP, Capital Returns Management LLC and California State Teachers Retirement System. View Insider Buying and Selling for Atlas Financial Holdings.
Who bought Atlas Financial Holdings stock? Who is buying Atlas Financial Holdings stock?
Atlas Financial Holdings' stock was bought by a variety of institutional investors in the last quarter, including Rice Hall James & Associates LLC, Pacific Ridge Capital Partners LLC, Essex Investment Management Co. LLC, Granite Investment Partners LLC, Kennedy Capital Management Inc., Dimensional Fund Advisors LP, Wedge Capital Management L L P NC and Vanguard Group Inc.. View Insider Buying and Selling for Atlas Financial Holdings.
How do I buy Atlas Financial Holdings stock?
Shares of Atlas Financial Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Atlas Financial Holdings' stock price today?
One share of Atlas Financial Holdings stock can currently be purchased for approximately $18.30.
MarketBeat Community Rating for Atlas Financial Holdings (NASDAQ AFH)MarketBeat's community ratings are surveys of what our community members think about Atlas Financial Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Atlas Financial Holdings (NASDAQ:AFH) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $18.50 (1.09% upside) |
Analysts' Ratings History for Atlas Financial Holdings (NASDAQ:AFH)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/8/2017 | Boenning Scattergood | Reiterated Rating | Buy | | High |  |
| 5/24/2017 | JMP Securities | Initiated Coverage | Mkt Outperform -> Outperform | $18.00 | Low | |
| 5/10/2017 | Sandler O'Neill | Upgrade | Hold -> Buy | | Low | |
(Data available from 9/23/2015 forward)
Earnings History for Atlas Financial Holdings (NASDAQ:AFH)Earnings History by Quarter for Atlas Financial Holdings (NASDAQ AFH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/7/2017 | Q2 2017 | $0.42 | $0.72 | $58.50 million | $55.70 million | View | Listen | |
| 5/8/2017 | Q1 2017 | $0.32 | $0.61 | | $49.82 million | View | Listen | |
| 3/13/2017 | Q4 2016 | ($0.33) | ($2.27) | | $46.30 million | View | N/A | |
| 10/31/2016 | Q316 | $0.36 | $0.52 | $47.51 million | $45.34 million | View | N/A | |
| 8/1/2016 | Q216 | $0.38 | $0.38 | $48.60 million | $43.20 million | View | N/A | |
| 3/7/2016 | Q415 | $0.37 | $0.34 | $45.51 million | $43.25 million | View | N/A | |
| 8/3/2015 | Q215 | $0.31 | $0.31 | $37.71 million | $39.66 million | View | N/A | |
| 5/11/2015 | Q115 | $0.21 | $0.21 | $32.30 million | $30.86 million | View | N/A | |
| 3/9/2015 | Q414 | $0.26 | $0.33 | $29.45 million | $28.40 million | View | N/A | |
| 11/10/2014 | Q314 | $0.26 | $0.28 | $27.65 million | $26.41 million | View | N/A | |
| 5/7/2014 | Q1 2014 | $0.22 | $0.22 | | $22.72 million | View | N/A | |
| 3/10/2014 | Q413 | $0.21 | $0.22 | $19.08 million | $20.93 million | View | N/A | |
| 11/4/2013 | Q313 | $0.15 | $0.39 | $14.50 million | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Atlas Financial Holdings (NASDAQ:AFH)Current Year EPS Consensus Estimate: $1.62 EPS
Next Year EPS Consensus Estimate: $1.95 EPS
Dividend History for Atlas Financial Holdings (NASDAQ:AFH)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Atlas Financial Holdings (NASDAQ:AFH)Insider Ownership Percentage: 12.70%
Institutional Ownership Percentage: 79.06%
Insider Trades by Quarter for Atlas Financial Holdings (NASDAQ:AFH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/14/2017 | Kingsway America Inc | Insider | Sell | 5,101 | $17.23 | $87,890.23 | |
| 9/12/2017 | Kingsway America Inc | Insider | Sell | 1,936 | $17.10 | $33,105.60 | |
| 9/11/2017 | Kingsway America Inc | Insider | Sell | 5,000 | $17.16 | $85,800.00 | |
| 9/8/2017 | Kingsway America Inc | Insider | Sell | 3,383 | $17.13 | $57,950.79 | |
| 9/6/2017 | Kingsway America Inc | Insider | Sell | 10,000 | $16.76 | $167,600.00 | |
| 9/5/2017 | Kingsway America Inc | Insider | Sell | 4,000 | $16.75 | $67,000.00 | |
| 8/31/2017 | Kingsway America Inc | Insider | Sell | 580 | $17.00 | $9,860.00 | |
| 8/28/2017 | Kingsway America Inc | Insider | Sell | 33,684 | $16.72 | $563,196.48 | |
| 8/24/2017 | Kingsway America Inc | Insider | Sell | 16,316 | $16.51 | $269,377.16 | |
| 8/22/2017 | Kingsway America Inc | Insider | Sell | 20,000 | $16.20 | $324,000.00 | |
| 7/11/2017 | Walter Frederick Walker | Director | Buy | 5,000 | $14.08 | $70,400.00 | |
| 7/10/2017 | Walter Frederick Walker | Director | Buy | 882 | $14.31 | $12,621.42 | |
| 6/29/2017 | Kingsway America Inc | Insider | Sell | 28,191 | $15.10 | $425,684.10 | |
| 6/2/2016 | Kingsway America Inc | Insider | Sell | 4,668 | $18.06 | $84,304.08 | |
| 10/16/2015 | Jordan Kupinsky | Director | Sell | 9,700 | $18.66 | $181,002.00 | |
| 10/16/2015 | Jordan Kupinsky | Director | Sell | 9,700 | $18.66 | $181,015.58 | |
| 10/13/2015 | Jordan Kupinsky | Director | Sell | 37,666 | $19.00 | $715,733.10 | |
| 10/13/2015 | Jordan Kupinsky | Director | Sell | 37,666 | $19.00 | $715,654.00 | |
| 6/11/2015 | Jordan Kupinsky | Director | Sell | 7,407 | $18.81 | $139,325.67 | |
| 6/11/2015 | Jordan Kupinsky | Director | Sell | 7,407 | $18.81 | $139,353.08 | |
| 7/18/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 30,152 | $14.24 | $429,364.48 | |
| 7/17/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 48,111 | $14.14 | $680,289.54 | |
| 7/14/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 12,972 | $14.71 | $190,818.12 | |
| 6/25/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 4,404 | $15.53 | $68,394.12 | |
| 6/24/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 23,900 | $15.61 | $373,079.00 | |
| 6/18/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 56,000 | $15.88 | $889,280.00 | |
| 6/16/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 21,965 | $15.82 | $347,486.30 | |
| 5/21/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Buy | 500,000 | $12.50 | $6,250,000.00 | |
| 5/8/2014 | Magnolia Capital Partners, Llc | Major Shareholder | Sell | 142,670 | $14.47 | $2,064,434.90 | |
| 3/6/2014 | Joseph Raymond Shugrue | Director | Buy | 6,400 | $13.26 | $84,864.00 | |
| 11/11/2013 | Kingsway America Inc | Insider | Sell | 600,000 | $12.90 | $7,740,000.00 | |
| 10/18/2013 | Kingsway America Inc | Major Shareholder | Sell | 529,608 | $10.45 | $5,534,403.60 | |
| 6/25/2013 | Jordan Kupinsky | Director | Buy | 8,900 | $8.43 | $75,027.00 | |
| 6/21/2013 | Jordan Kupinsky | Director | Buy | 1,900 | $8.41 | $15,979.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Atlas Financial Holdings (NASDAQ:AFH)
Latest Headlines for Atlas Financial Holdings (NASDAQ:AFH)
| Source: |
|
| Date | Headline |
|---|
 | Atlas Financial Holdings, Inc. (AFH) Upgraded to Hold at ValuEngine
www.americanbankingnews.com - September 22 at 11:34 PM |
| Contrasting Atlas Financial Holdings (AFH) & Its Rivals
www.americanbankingnews.com - September 22 at 8:20 PM |
 | Atlas Financial Holdings to Present at Insurance Technology and Investor Events
finance.yahoo.com - September 22 at 2:59 PM |
| Atlas Financial (AFH) & Units' Ratings Retained By A.M. Best
finance.yahoo.com - September 20 at 3:27 PM |
| Nasdaq Issues Notes Worth $500M to Fund eVestment Buyout
finance.yahoo.com - September 20 at 3:27 PM |
 | XL Group's Global Brand Arms Professionals With Better Cover
www.zacks.com - September 19 at 3:37 PM |
| XL Group's Global Brand Arms Professionals With Better Cover
finance.yahoo.com - September 19 at 3:37 PM |
| HCI Group (HCI) Calculates Possible Irma Catastrophe Loss
finance.yahoo.com - September 19 at 3:36 PM |
| Markel Corporation Enhances Insurance Policy for Law Firms
finance.yahoo.com - September 18 at 3:58 PM |
| Insider Selling: Atlas Financial Holdings, Inc. (AFH) Insider Sells 5,101 Shares of Stock
www.americanbankingnews.com - September 15 at 8:02 PM |
| CME Group to Exit Credit Default Swap, Frees $650M Capital
www.zacks.com - September 15 at 3:54 PM |
| Atlas Financial Holdings, Inc. (AFH) Insider Sells $33,105.60 in Stock
www.americanbankingnews.com - September 13 at 9:16 PM |
| Allstate Rides on Growth Initiatives, Weather Loss Lingers
finance.yahoo.com - September 13 at 4:28 PM |
| The Zacks Analyst Blog Highlights: First American Financial, Hanover Insurance Group, Atlas Financial and Greenlight Capital Re
finance.yahoo.com - September 13 at 4:28 PM |
| Insider Selling: Atlas Financial Holdings, Inc. (AFH) Insider Sells 5,000 Shares of Stock
www.americanbankingnews.com - September 12 at 8:24 PM |
| Arthur J. Gallagher Adds Franklin-Case Agency to Portfolio
finance.yahoo.com - September 12 at 3:46 PM |
| Selective Insurance and Units' Ratings Retained by A.M. Best
finance.yahoo.com - September 11 at 9:24 PM |
| Selective Insurance and Units' Ratings Retained by A.M. Best
finance.yahoo.com - September 11 at 4:22 PM |
| Kingsway America Inc Sells 3,383 Shares of Atlas Financial Holdings, Inc. (AFH) Stock
www.americanbankingnews.com - September 11 at 1:22 PM |
| Atlas Financial Holdings, Inc. :AFH-US: Earnings Analysis: Q2, 2017 By the Numbers : September 8, 2017
finance.yahoo.com - September 8 at 8:59 PM |
| Atlas Financial Holdings, Inc. (AFH) Insider Kingsway America Inc Sells 10,000 Shares
www.americanbankingnews.com - September 8 at 4:22 PM |
| Arthur J. Gallagher Grows in Nebraska With Lincoln Financial
finance.yahoo.com - September 8 at 3:56 PM |
| Arthur J. Gallagher's Buyout to Shore up Scandinavian Base
finance.yahoo.com - September 7 at 8:32 PM |
| Arthur J. Gallagher's Buyout to Shore up Scandinavian Base
finance.yahoo.com - September 7 at 3:30 PM |
| Ride Out the VIX Spike With These 5 Low Beta Stocks
finance.yahoo.com - September 6 at 3:31 PM |
| Insider Selling: Atlas Financial Holdings, Inc. (AFH) Insider Sells 4,000 Shares of Stock
www.americanbankingnews.com - September 6 at 1:39 PM |
 | Cincinnati Financial (CINF) on Growth Gear: Should You Hold?
www.msn.com - September 5 at 4:20 PM |
| 2 Insurance Picks for Your Portfolio, Avoid Travelers (TRV)
finance.yahoo.com - September 5 at 4:20 PM |
| Arthur J. Gallagher Arm Buys National Transportation Adjusters
finance.yahoo.com - September 4 at 4:11 PM |
| CME Group vs Intercontinental Exchange: Which Stock Allures?
www.msn.com - August 30 at 8:49 PM |
| Atlas Financial Holdings, Inc. (AFH) Given Consensus Recommendation of "Buy" by Analysts
www.americanbankingnews.com - August 30 at 7:02 PM |
| Insurers Can Stay Calm While Harvey Wreaks Havoc: 4 Picks
finance.yahoo.com - August 29 at 3:55 PM |
| Insider Selling: Atlas Financial Holdings, Inc. (AFH) Insider Sells 33,684 Shares of Stock
www.americanbankingnews.com - August 28 at 7:20 PM |
| Atlas Financial Holdings, Inc. (AFH) Insider Kingsway America Inc Sells 16,316 Shares
www.americanbankingnews.com - August 25 at 8:10 PM |
| Comparing United Fire Group (UFCS) & Atlas Financial Holdings (AFH)
www.americanbankingnews.com - August 25 at 2:10 PM |
| Head-To-Head Survey: Atlas Financial Holdings (AFH) & United Fire Group (UFCS)
www.americanbankingnews.com - August 25 at 2:10 AM |
| Why it is Apt to Hold Assurant (AIZ) Stock in Portfolio Now
finance.yahoo.com - August 24 at 3:32 PM |
| Why You Must Retain Intercontinental Exchange (ICE) Stock
finance.yahoo.com - August 24 at 3:32 PM |
| American Financial Rewards Investors With 12% Dividend Hike
finance.yahoo.com - August 24 at 3:32 PM |
| Zacks Industry Outlook Highlights: Aspen Insurance, ProAssurance, Markel Corporation and Atlas Financial
finance.yahoo.com - August 24 at 3:32 PM |
| Why is it Wise to Retain Progressive (PGR) Stock for Now?
finance.yahoo.com - August 23 at 3:34 PM |
| Atlas Financial Holdings, Inc. (AFH) Insider Kingsway America Inc Sells 20,000 Shares
www.americanbankingnews.com - August 23 at 1:14 PM |
| Atlas Financial Holdings, Inc. (AFH) Upgraded by TheStreet to "B-"
www.americanbankingnews.com - August 22 at 7:52 AM |
| Comparing United Fire Group (UFCS) and Atlas Financial Holdings (AFH)
www.americanbankingnews.com - August 22 at 6:24 AM |
| United Fire Group (UFCS) versus Atlas Financial Holdings (AFH) Head-To-Head Comparison
www.americanbankingnews.com - August 19 at 8:34 AM |
| Atlas Financial Holdings to Present at the 2017 Keefe, Bruyette & Woods Insurance Conference
finance.yahoo.com - August 16 at 3:32 PM |
| Atlas Financial Holdings, Inc. (AFH) Upgraded to Strong-Buy by Zacks Investment Research
www.americanbankingnews.com - August 15 at 11:10 PM |
| New Strong Buy Stocks for August 15th
finance.yahoo.com - August 15 at 4:35 PM |
| Edited Transcript of AFH earnings conference call or presentation 8-Aug-17 12:30pm GMT
finance.yahoo.com - August 8 at 9:19 PM |
 | Atlas Financial Holdings' (AFH) CEO Scott Wollney on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 8 at 3:33 PM |
Atlas Financial Holdings (AFH) Chart for Saturday, September, 23, 2017
