AMERISAFE (AMSF) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for AMERISAFE in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AMSF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMSF, but not buy additional shares or sell existing shares.
View AMSF analyst ratings or view top-rated stocks.

1 brokers have issued 1-year price targets for AMERISAFE's stock. Their AMSF share price forecasts range from $58.00 to $58.00. On average, they expect the company's stock price to reach $58.00 in the next year. This suggests a possible upside of 14.9% from the stock's current price.
View analysts price targets for AMSF or view top-rated stocks among Wall Street analysts.

AMERISAFE's stock was trading at $51.97 at the start of the year. Since then, AMSF stock has decreased by 2.9% and is now trading at $50.47.
View the best growth stocks for 2023 here.

AMERISAFE saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 197,700 shares, an increase of 17.2% from the August 31st total of 168,700 shares. Based on an average daily volume of 81,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 1.1% of the shares of the company are sold short.
View AMERISAFE's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our AMSF earnings forecast.

AMERISAFE, Inc. (NASDAQ:AMSF) announced its earnings results on Thursday, July, 27th. The insurance provider reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. The insurance provider had revenue of $73.54 million for the quarter, compared to analyst estimates of $75.34 million. AMERISAFE had a net margin of 21.33% and a trailing twelve-month return on equity of 17.66%.

AMERISAFE announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Friday, September 8th will be given a dividend of $0.34 per share on Friday, September 22nd. This represents a $1.36 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Thursday, September 7th.
Read our dividend analysis for AMSF.

ETFs with the largest weight of AMERISAFE (NASDAQ:AMSF) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).iShares U.S. Insurance ETF (IAK).

AMERISAFE (NASDAQ:AMSF) pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.63%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 40.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMSF will have a dividend payout ratio of 54.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMSF.

28 employees have rated AMERISAFE Chief Executive Officer Janelle Frost on Glassdoor.com. Janelle Frost has an approval rating of 79% among the company's employees. 30.0% of employees surveyed would recommend working at AMERISAFE to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other AMERISAFE investors own include Rollins (ROL), BioDelivery Sciences International (BDSI), Cronos Group (CRON), Quotient Technology (QUOT), Dominion Energy (D), AT&T (T), Bristol-Myers Squibb (BMY), CenterPoint Energy (CNP), Invesco (IVZ) and Altria Group (MO).

AMERISAFE trades on the NASDAQ under the ticker symbol "AMSF."

AMERISAFE's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.05%), Victory Capital Management Inc. (7.11%), State Street Corp (3.80%), Dimensional Fund Advisors LP (3.30%), Westwood Holdings Group Inc. (2.83%) and Champlain Investment Partners LLC (2.73%). Insiders that own company stock include Anastasios Omiridis, Andrew B Mccray, G Janelle Frost, Kathryn Housh Shirley, Kevin T Hogan, Neal Andrew Fuller, Philip A Garcia, Philip A Garcia, Sean Traynor and Vincent J Gagliano.
View institutional ownership trends.

Shares of AMSF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of AMSF stock can currently be purchased for approximately $50.47.

AMERISAFE (NASDAQ:AMSF) has a market capitalization of $968.01 million and generates $294.74 million in revenue each year. The insurance provider earns $55.60 million in net income (profit) each year or $3.38 on an earnings per share basis.

The company employs 354 workers across the globe.

AMERISAFE's mailing address is 2301 HIGHWAY 190 WEST, DERIDDER LA, 70634. The official website for the company is www.amerisafe.com. The insurance provider can be reached via phone at (337) 463-9052, via email at investor@amerisafe.com, or via fax at 800-450-1091.