About Atlas Financial Holdings (NASDAQ:AFH)
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
- Market Cap: $238.62 million
- Outstanding Shares: 12,030,000
- 50 Day Moving Avg: $18.47
- 200 Day Moving Avg: $15.62
- 52 Week Range: $12.15 - $20.35
Sales & Book Value:
- Trailing P/E Ratio: 80.97
- Foreward P/E Ratio: 10.26
- P/E Growth: 0.00
- Annual Revenue: $197.16 million
- Price / Sales: 1.22
- Book Value: $11.54 per share
- Price / Book: 1.73
- EBITDA: ($1,700,000.00)
- Net Margins: 1.67%
- Return on Equity: -3.32%
- Return on Assets: -1.03%
- Debt-to-Equity Ratio: 0.17%
- Current Ratio: 0.63%
- Quick Ratio: 0.63%
- Average Volume: 28,157 shs.
- Beta: 0.89
- 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 declared that its board has approved a share buyback plan on Wednesday, April 12th 2017, which permits the company to repurchase 650,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
How were Atlas Financial Holdings' earnings last quarter?
Atlas Financial Holdings, Inc. (NASDAQ:AFH) posted its quarterly earnings data on Monday, August, 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.30. The company earned $55.70 million during the quarter, compared to the consensus estimate of $58.50 million. Atlas Financial Holdings had a net margin of 1.67% and a negative return on equity of 3.32%. 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 target prices for Atlas Financial Holdings' stock. Their forecasts range from $18.00 to $19.00. On average, they expect Atlas Financial Holdings' share 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. " (10/16/2017)
- 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 Heritage Insurance Holdings (HRTG), Donegal Group (DGICA), HCI Group (HCI), 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 a variety of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (0.56%). Company insiders that own Atlas Financial Holdings stock include Kingsway America Inc and Walter Frederick Walker. View Institutional Ownership Trends for Atlas Financial Holdings.
Who bought Atlas Financial Holdings stock? Who is buying Atlas Financial Holdings stock?
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?
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.
One share of Atlas Financial Holdings stock can currently be purchased for approximately $20.00.
Earnings History for Atlas Financial Holdings (NASDAQ:AFH)Earnings History by Quarter for Atlas Financial Holdings (NASDAQ AFH)
(Data available from 1/1/2011 forward)
|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|
Earnings Estimates for Atlas Financial Holdings (NASDAQ:AFH)
Current Year EPS Consensus Estimate: $1.59 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%Insider Trades by Quarter for Atlas Financial Holdings (NASDAQ:AFH)
Institutional Ownership Percentage: 79.06%
(Data available from 1/1/2013 forward)
|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|| |
|10/13/2015||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|| |
|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|| |
Headline Trends for Atlas Financial Holdings (NASDAQ:AFH)
Latest Headlines for Atlas Financial Holdings (NASDAQ:AFH)
Loading headlines, please wait.
Atlas Financial Holdings (AFH) Chart for Sunday, October, 22, 2017