Atlas Financial Holdings Company Profile (NASDAQ:AFH)

About Atlas Financial Holdings (NASDAQ:AFH)

Atlas Financial Holdings logoAtlas 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: $238.62 million
  • Outstanding Shares: 12,030,000
Average Prices:
  • 50 Day Moving Avg: $18.47
  • 200 Day Moving Avg: $15.62
  • 52 Week Range: $12.15 - $20.35
P/E:
  • Trailing P/E Ratio: 80.97
  • Foreward P/E Ratio: 10.26
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $197.16 million
  • Price / Sales: 1.22
  • Book Value: $11.54 per share
  • Price / Book: 1.73
Profitability:
  • EBITDA: ($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: 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?

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?

Atlas Financial Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management 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 $20.00.


MarketBeat Community Rating for Atlas Financial Holdings (NASDAQ AFH)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  100 (Vote Outperform)
Underperform Votes:  92 (Vote Underperform)
Total Votes:  192
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.

Analyst Ratings

Consensus Ratings for Atlas Financial Holdings (NASDAQ:AFH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.50 (7.50% downside)
Consensus Price Target History for Atlas Financial Holdings (NASDAQ:AFH)
Price Target History for Atlas Financial Holdings (NASDAQ:AFH)
Analysts' Ratings History for Atlas Financial Holdings (NASDAQ:AFH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2017Boenning ScattergoodReiterated RatingBuyHighView Rating Details
5/24/2017JMP SecuritiesInitiated CoverageMkt Outperform -> Outperform$18.00LowView Rating Details
5/10/2017Sandler O'NeillUpgradeHold -> BuyLowView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Atlas Financial Holdings (NASDAQ:AFH)
Earnings by Quarter for Atlas Financial Holdings (NASDAQ:AFH)
Earnings History by Quarter for Atlas Financial Holdings (NASDAQ AFH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2017Q2 2017$0.42$0.72$58.50 million$55.70 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.32$0.61$49.82 millionViewListenView Earnings Details
3/13/2017Q4 2016($0.33)($2.27)$46.30 millionViewN/AView Earnings Details
10/31/2016Q316$0.36$0.52$47.51 million$45.34 millionViewN/AView Earnings Details
8/1/2016Q216$0.38$0.38$48.60 million$43.20 millionViewN/AView Earnings Details
3/7/2016Q415$0.37$0.34$45.51 million$43.25 millionViewN/AView Earnings Details
8/3/2015Q215$0.31$0.31$37.71 million$39.66 millionViewN/AView Earnings Details
5/11/2015Q115$0.21$0.21$32.30 million$30.86 millionViewN/AView Earnings Details
3/9/2015Q414$0.26$0.33$29.45 million$28.40 millionViewN/AView Earnings Details
11/10/2014Q314$0.26$0.28$27.65 million$26.41 millionViewN/AView Earnings Details
5/7/2014Q1 2014$0.22$0.22$22.72 millionViewN/AView Earnings Details
3/10/2014Q413$0.21$0.22$19.08 million$20.93 millionViewN/AView Earnings Details
11/4/2013Q313$0.15$0.39$14.50 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Atlas Financial Holdings (NASDAQ:AFH)
Current Year EPS Consensus Estimate: $1.59 EPS
Next Year EPS Consensus Estimate: $1.95 EPS

Dividends

Dividend History for Atlas Financial Holdings (NASDAQ:AFH)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

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)
Institutional Ownership by Quarter for Atlas Financial Holdings (NASDAQ:AFH)
Insider Trades by Quarter for Atlas Financial Holdings (NASDAQ:AFH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/14/2017Kingsway America IncInsiderSell5,101$17.23$87,890.23View SEC Filing  
9/12/2017Kingsway America IncInsiderSell1,936$17.10$33,105.60View SEC Filing  
9/11/2017Kingsway America IncInsiderSell5,000$17.16$85,800.00View SEC Filing  
9/8/2017Kingsway America IncInsiderSell3,383$17.13$57,950.79View SEC Filing  
9/6/2017Kingsway America IncInsiderSell10,000$16.76$167,600.00View SEC Filing  
9/5/2017Kingsway America IncInsiderSell4,000$16.75$67,000.00View SEC Filing  
8/31/2017Kingsway America IncInsiderSell580$17.00$9,860.00View SEC Filing  
8/28/2017Kingsway America IncInsiderSell33,684$16.72$563,196.48View SEC Filing  
8/24/2017Kingsway America IncInsiderSell16,316$16.51$269,377.16View SEC Filing  
8/22/2017Kingsway America IncInsiderSell20,000$16.20$324,000.00View SEC Filing  
7/11/2017Walter Frederick WalkerDirectorBuy5,000$14.08$70,400.00View SEC Filing  
7/10/2017Walter Frederick WalkerDirectorBuy882$14.31$12,621.42View SEC Filing  
6/29/2017Kingsway America IncInsiderSell28,191$15.10$425,684.10View SEC Filing  
6/2/2016Kingsway America IncInsiderSell4,668$18.06$84,304.08View SEC Filing  
10/16/2015Jordan KupinskyDirectorSell9,700$18.66$181,002.00View SEC Filing  
10/16/2015Jordan KupinskyDirectorSell9,700$18.66$181,015.58
10/13/2015Jordan KupinskyDirectorSell37,666$19.00$715,733.10
10/13/2015Jordan KupinskyDirectorSell37,666$19.00$715,654.00View SEC Filing  
6/11/2015Jordan KupinskyDirectorSell7,407$18.81$139,325.67View SEC Filing  
6/11/2015Jordan KupinskyDirectorSell7,407$18.81$139,353.08
7/18/2014Magnolia Capital Partners, LlcMajor ShareholderSell30,152$14.24$429,364.48View SEC Filing  
7/17/2014Magnolia Capital Partners, LlcMajor ShareholderSell48,111$14.14$680,289.54View SEC Filing  
7/14/2014Magnolia Capital Partners, LlcMajor ShareholderSell12,972$14.71$190,818.12View SEC Filing  
6/25/2014Magnolia Capital Partners, LlcMajor ShareholderSell4,404$15.53$68,394.12View SEC Filing  
6/24/2014Magnolia Capital Partners, LlcMajor ShareholderSell23,900$15.61$373,079.00View SEC Filing  
6/18/2014Magnolia Capital Partners, LlcMajor ShareholderSell56,000$15.88$889,280.00View SEC Filing  
6/16/2014Magnolia Capital Partners, LlcMajor ShareholderSell21,965$15.82$347,486.30View SEC Filing  
5/21/2014Magnolia Capital Partners, LlcMajor ShareholderBuy500,000$12.50$6,250,000.00View SEC Filing  
5/8/2014Magnolia Capital Partners, LlcMajor ShareholderSell142,670$14.47$2,064,434.90View SEC Filing  
3/6/2014Joseph Raymond ShugrueDirectorBuy6,400$13.26$84,864.00View SEC Filing  
11/11/2013Kingsway America IncInsiderSell600,000$12.90$7,740,000.00View SEC Filing  
10/18/2013Kingsway America IncMajor ShareholderSell529,608$10.45$5,534,403.60View SEC Filing  
6/25/2013Jordan KupinskyDirectorBuy8,900$8.43$75,027.00View SEC Filing  
6/21/2013Jordan KupinskyDirectorBuy1,900$8.41$15,979.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Atlas Financial Holdings (NASDAQ:AFH)
Latest Headlines for Atlas Financial Holdings (NASDAQ:AFH)
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Chart

Atlas Financial Holdings (AFH) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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