NASDAQ:AFH - Atlas Financial Stock Price, News, & Analysis

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$9.33 +0.04 (+0.43 %)
(As of 10/23/2018 01:49 PM ET)
Previous Close$9.29
Today's Range$9.25 - $9.33
52-Week Range$8.05 - $21.50
Volume596 shs
Average Volume28,637 shs
Market Capitalization$114.95 million
P/E Ratio-2.57
Dividend YieldN/A
Beta1.25
Atlas Financial Holdings, Inc., through its subsidiaries, engages in underwriting commercial automobile insurance policies in the United States. Its automobile insurance products provide insurance coverage in three primary areas, including liability, accident benefits, and physical damage. The company focuses on the light commercial automobile sector, including taxi cabs, non-emergency para-transit, limousine, livery, and business autos. The company distributes its insurance products through a network of retail independent agents. Atlas Financial Holdings, Inc. is headquartered in Schaumburg, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:AFH
Previous Symbol
CUSIPN/A
Phone847-472-6700

Debt

Debt-to-Equity Ratio0.25
Current Ratio0.56
Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio-2.57
Forward P/E Ratio5.49
P/E GrowthN/A

Sales & Book Value

Annual Sales$221.98 million
Price / Sales0.50
Cash FlowN/A
Price / CashN/A
Book Value$7.53 per share
Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)($3.62)
Net Income$-38,810,000.00
Net Margins-16.52%
Return on Equity-43.63%
Return on Assets-9.59%

Miscellaneous

Employees264
Outstanding Shares11,940,000
Market Cap$114.95 million
OptionableN/A

Atlas Financial (NASDAQ:AFH) Frequently Asked Questions

What is Atlas Financial's stock symbol?

Atlas Financial trades on the NASDAQ under the ticker symbol "AFH."

How will Atlas Financial's stock buyback program work?

Atlas Financial declared that its Board of Directors has approved a stock repurchase plan on Wednesday, April 12th 2017, which permits the company to buyback 650,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

How were Atlas Financial's earnings last quarter?

Atlas Financial Holdings Inc (NASDAQ:AFH) posted its quarterly earnings data on Monday, August, 6th. The insurance provider reported $0.47 EPS for the quarter, topping the Zacks' consensus estimate of $0.44 by $0.03. The insurance provider had revenue of $56.73 million for the quarter, compared to analyst estimates of $57.30 million. Atlas Financial had a negative net margin of 16.52% and a negative return on equity of 43.63%. View Atlas Financial's Earnings History.

When is Atlas Financial's next earnings date?

Atlas Financial is scheduled to release their next quarterly earnings announcement on Monday, November 5th 2018. View Earnings Estimates for Atlas Financial.

What price target have analysts set for AFH?

2 Wall Street analysts have issued 1 year target prices for Atlas Financial's shares. Their predictions range from $10.00 to $24.00. On average, they expect Atlas Financial's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price. View Analyst Price Targets for Atlas Financial.

What is the consensus analysts' recommendation for Atlas Financial?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Atlas Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Atlas Financial.

What are Wall Street analysts saying about Atlas Financial stock?

Here are some recent quotes from research analysts about Atlas Financial 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. " (10/9/2018)
  • 2. Boenning Scattergood analysts commented, "We are upgrading our rating for Atlas’ common stock to Outperform from Neutral. Atlas booked a good 2Q18 on the heels of a solid 1Q18, continuing to move in the right direction as management works to rebuild investor trust following the company’s significant reserve charge in 4Q17. While the risk of additional adverse reserve development remains (two good quarters following the large reserve charge does not mean the company is out of the woods yet), we believe upside potential outweighs downside risk. The stock declined 40% in March upon the news of the reserve charge and is off an additional 25% since then, partly attributed, we believe, to a financial strength rating downgrade by A.M. Best and the stock’s removal from the Russell 2000. While certainly a negative, management does not expect the A.M." (8/7/2018)

Who are some of Atlas Financial's key competitors?

Who are Atlas Financial's key executives?

Atlas Financial's management team includes the folowing people:
  • Mr. Scott David Wollney, CEO, Pres & Director (Age 49)
  • Mr. Paul Anthony Romano Jr., VP & CFO (Age 56)
  • Ms. Leslie Patterson DiMaggio, VP of Operations & IT (Age 49)
  • Mr. Adam Prior, Sr. VP, Equity Group Inc.
  • Mr. Bruce Wayne Giles, VP of Underwriting (Age 59)

Who are Atlas Financial's major shareholders?

Atlas Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include Essex Investment Management Co. LLC (1.57%). Company insiders that own Atlas Financial stock include Bruce Wayne Giles, John Taylor Maloney Fitzgerald, Joseph Raymond Shugrue, Kingsway America Inc, Leslie Dimaggio, Paul Anthony Romano Jr, Scott D Wollney and Walter Frederick Walker. View Institutional Ownership Trends for Atlas Financial.

Which major investors are buying Atlas Financial stock?

AFH stock was purchased by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC. Company insiders that have bought Atlas Financial stock in the last two years include John Taylor Maloney Fitzgerald and Walter Frederick Walker. View Insider Buying and Selling for Atlas Financial.

How do I buy shares of Atlas Financial?

Shares of AFH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Atlas Financial's stock price today?

One share of AFH stock can currently be purchased for approximately $9.33.

How big of a company is Atlas Financial?

Atlas Financial has a market capitalization of $114.95 million and generates $221.98 million in revenue each year. The insurance provider earns $-38,810,000.00 in net income (profit) each year or ($3.62) on an earnings per share basis. Atlas Financial employs 264 workers across the globe.

What is Atlas Financial's official website?

The official website for Atlas Financial is http://www.atlas-fin.com.

How can I contact Atlas Financial?

Atlas Financial's mailing address is 953 AMERICAN LANE 3RD FLOOR, SCHAUMBURG IL, 60173. The insurance provider can be reached via phone at 847-472-6700 or via email at [email protected]


MarketBeat Community Rating for Atlas Financial (NASDAQ AFH)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  211 (Vote Underperform)
Total Votes:  380
MarketBeat's community ratings are surveys of what our community members think about Atlas Financial and other stocks. Vote "Outperform" if you believe AFH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AFH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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