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

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$9.01 0.00 (0.00 %)
(As of 12/10/2018 10:14 AM ET)
Previous Close$9.01
Today's Range$9.01 - $9.01
52-Week Range$8.05 - $21.50
Volume649 shs
Average Volume15,355 shs
Market Capitalization$107.55 million
P/E Ratio-2.49
Dividend YieldN/A
Beta1.04
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 Ratio0.24
Current Ratio0.59
Quick Ratio0.59

Price-To-Earnings

Trailing P/E Ratio-2.49
Forward P/E Ratio5.15
P/E GrowthN/A

Sales & Book Value

Annual Sales$221.98 million
Price / Sales0.48
Cash FlowN/A
Price / Cash FlowN/A
Book Value$7.53 per share
Price / Book1.20

Profitability

EPS (Most Recent Fiscal Year)($3.62)
Net Income$-38,810,000.00
Net Margins-16.44%
Return on Equity-48.83%
Return on Assets-9.40%

Miscellaneous

Employees264
Outstanding Shares11,940,000
Market Cap$107.55 million
OptionableOptionable

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 announced that its board has approved a stock buyback plan on Wednesday, April 12th 2017, which authorizes the company to buyback 650,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

How were Atlas Financial's earnings last quarter?

Atlas Financial Holdings Inc (NASDAQ:AFH) released its quarterly earnings data on Monday, November, 5th. The insurance provider reported $0.62 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.19. The insurance provider had revenue of $55.77 million for the quarter, compared to analysts' expectations of $52 million. Atlas Financial had a negative return on equity of 48.83% and a negative net margin of 16.44%. 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, April 1st 2019. View Earnings Estimates for Atlas Financial.

What price target have analysts set for AFH?

2 equities research analysts have issued 12-month price targets for Atlas Financial's stock. Their forecasts range from $10.00 to $24.00. On average, they anticipate Atlas Financial's stock price to reach $17.00 in the next year. This suggests a possible upside of 88.7% 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. " (11/8/2018)
  • 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)

Has Atlas Financial been receiving favorable news coverage?

Media headlines about AFH stock have been trending very positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Atlas Financial earned a news impact score of 3.9 on InfoTrie's scale. They also assigned headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 a variety of of institutional and retail investors. Top institutional shareholders include Tieton Capital Management LLC (6.35%), Capital Returns Management LLC (5.56%), Wasatch Advisors Inc. (5.07%), Dimensional Fund Advisors LP (4.42%), Vanguard Group Inc. (4.18%) and Pacific Ridge Capital Partners LLC (2.08%). 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 selling Atlas Financial stock?

AFH stock was sold by a variety of institutional investors in the last quarter, including Capital Returns Management LLC, Vanguard Group Inc., JPMorgan Chase & Co., Wasatch Advisors Inc. and Wedge Capital Management L L P NC. Company insiders that have sold Atlas Financial company stock in the last year include Joseph Raymond Shugrue, Leslie Dimaggio, Paul Anthony Romano Jr and Scott D Wollney. View Insider Buying and Selling for Atlas Financial.

Which major investors are buying Atlas Financial stock?

AFH stock was acquired by a variety of institutional investors in the last quarter, including Tieton Capital Management LLC, New Vernon Investment Management LLC, Essex Investment Management Co. LLC, Prescott Group Capital Management L.L.C., Dimensional Fund Advisors LP, Pacific Ridge Capital Partners LLC, Clear Harbor Asset Management LLC and Renaissance Technologies 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 $9.01.

How big of a company is Atlas Financial?

Atlas Financial has a market capitalization of $107.55 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:  175 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  390
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 12/10/2018 by MarketBeat.com Staff

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