About AMERISAFE (NASDAQ:AMSF)
Amerisafe, Inc. is an insurance holding company. The Company is engaged in providing workers' compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. It is engaged in underwriting the workers' compensation exposures inherent in these industries. It provides coverage to employers under state and federal workers' compensation laws. The Company's workers' compensation insurance policies provide benefits to injured employees for, temporary or permanent disability, death and medical and hospital expenses. The Company provides safety services at employers' workplaces as a component of its underwriting process. It utilizes claims management practices. In addition to its voluntary workers' compensation business, it underwrites workers' compensation policies for employers assigned to the Company and assumes reinsurance premiums from mandatory pooling arrangements.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Casualty Insurance
- Sub-Industry: Property & Casualty Insurance
- Symbol: NASDAQ:AMSF
- CUSIP: 03071H10
- Web: www.amerisafe.com
- Market Cap: $1.14983 billion
- Outstanding Shares: 19,162,000
- 50 Day Moving Avg: $57.46
- 200 Day Moving Avg: $56.83
- 52 Week Range: $51.20 - $69.40
Sales & Book Value:
- Trailing P/E Ratio: 17.42
- Foreward P/E Ratio: 19.92
- P/E Growth: 1.89
- Annual Revenue: $384.23 million
- Price / Sales: 2.98
- Book Value: $25.12 per share
- Price / Book: 2.38
- Annual Dividend: $0.80
- Dividend Yield: 1.3%
- EBITDA: $95.81 million
- Net Margins: 17.17%
- Return on Equity: 14.04%
- Return on Assets: 4.32%
- Current Ratio: 0.39%
- Quick Ratio: 0.39%
- Average Volume: 76,572 shs.
- Beta: 0.88
- Short Ratio: 9.24
Frequently Asked Questions for AMERISAFE (NASDAQ:AMSF)
What is AMERISAFE's stock symbol?
AMERISAFE trades on the NASDAQ under the ticker symbol "AMSF."
How often does AMERISAFE pay dividends? What is the dividend yield for AMERISAFE?
AMERISAFE declared a quarterly dividend on Friday, July 28th. Investors of record on Friday, September 8th will be paid a dividend of $0.20 per share on Friday, September 22nd. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Thursday, September 7th. View AMERISAFE's Dividend History.
How were AMERISAFE's earnings last quarter?
AMERISAFE, Inc. (NASDAQ:AMSF) posted its quarterly earnings results on Thursday, July, 27th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.77 by $0.05. The business had revenue of $89.93 million for the quarter, compared to analyst estimates of $92.33 million. AMERISAFE had a return on equity of 14.04% and a net margin of 17.17%. AMERISAFE's revenue was down 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 earnings per share. View AMERISAFE's Earnings History.
When will AMERISAFE make its next earnings announcement?
Where is AMERISAFE's stock going? Where will AMERISAFE's stock price be in 2017?
2 brokers have issued 12 month price targets for AMERISAFE's stock. Their predictions range from $64.00 to $64.00. On average, they expect AMERISAFE's stock price to reach $64.00 in the next year. View Analyst Ratings for AMERISAFE.
What are analysts saying about AMERISAFE stock?
Here are some recent quotes from research analysts about AMERISAFE stock:
- 1. Boenning Scattergood analysts commented, "We initiate with a Neutral rating. Key Points: Competitive Advantages: AMERISAFE has specialized knowledge and experience insuring small- to mid-sized employers in its targeted high-hazard industries. Over the last 31 years, the company has developed industry-specific risk analysis and rating tools, as well as extensive claims data, to support its underwriters." (9/25/2017)
- 2. According to Zacks Investment Research, "Amerisafe's efficient claims management, good underwriting results, favorable loss and frequency trends, prudent reserve analytics, and improved operating leverage impress. Cost control measures will provide a cushion to operating margins at a time when top-line growth is difficult to achieve. Moreover, Amerisafe has maintained a niche position in the workers' compensation market. “The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 2.3% upward over the last 60 days. However, shares of Amerisafe have underperformed its industry year to date ." (9/18/2017)
Who are some of AMERISAFE's key competitors?
Some companies that are related to AMERISAFE include Prospect Capital Corporation (PSEC), Kennedy-Wilson Holdings (KW), The Carlyle Group L.P. (CG), Alexander & Baldwin Holdings (ALEX), Noah Holdings (NOAH), ServisFirst Bancshares (SFBS), First Interstate BancSystem (FIBK), National General Holdings Corp (NGHC), Towne Bank (TOWN), Astoria Financial Corporation (AF), Capital Bank Financial Corp. (CBF), Diamondrock Hospitality Company (DRH), First Merchants Corporation (FRME), Rexford Industrial Realty (REXR), Select Income REIT (SIR), Colliers International Group (CIGI), Renasant Corporation (RNST) and United Community Banks (UCBI).
Who are AMERISAFE's key executives?
AMERISAFE's management team includes the folowing people:
- Jared A. Morris, Independent Chairman of the Board
- Gerry Janelle Frost, President, Chief Executive Officer, Director
- Neal Andrew Fuller, Chief Financial Officer, Executive Vice President
- Vincent J. Gagliano, Executive Vice President, Chief Risk Officer
- Kathryn Housh Shirley, Executive Vice President, General Counsel, Secretary
- David R. Morton, Senior Vice President - Sales and Marketing
- Kelly R. Goins, Senior Vice President - Underwriting Operations
- Leon J. Lagneaux, Senior Vice President - Safety Operations
- Henry O. Lestage IV, Senior Vice President - Claims Operations
- Michael J. Brown, Independent Director
Who owns AMERISAFE stock?
AMERISAFE's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Smith Graham & Co. Investment Advisors LP (0.85%) and Fisher Asset Management LLC (0.26%). Company insiders that own AMERISAFE stock include Brendan Gau, C Allen Bradley Jr, C Allen Bradley, Jr, G Janelle Frost, Jared A Morris, Kathryn Housh Shirley, Millard E Morris, Neal Andrew Fuller, Philip A Garcia, Randy Roach and Vincent J Gagliano. View Institutional Ownership Trends for AMERISAFE.
Who sold AMERISAFE stock? Who is selling AMERISAFE stock?
AMERISAFE's stock was sold by a variety of institutional investors in the last quarter, including Smith Graham & Co. Investment Advisors LP. Company insiders that have sold AMERISAFE stock in the last year include G Janelle Frost, Kathryn Housh Shirley, Neal Andrew Fuller, Randy Roach and Vincent J Gagliano. View Insider Buying and Selling for AMERISAFE.
Who bought AMERISAFE stock? Who is buying AMERISAFE stock?
AMERISAFE's stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC. Company insiders that have bought AMERISAFE stock in the last two years include Jared A Morris, Millard E Morris and Philip A Garcia. View Insider Buying and Selling for AMERISAFE.
How do I buy AMERISAFE stock?
Shares of AMERISAFE 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 AMERISAFE's stock price today?
MarketBeat Community Rating for AMERISAFE (NASDAQ AMSF)MarketBeat's community ratings are surveys of what our community members think about AMERISAFE 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 AMERISAFE stock can currently be purchased for approximately $59.75.
Consensus Ratings for AMERISAFE (NASDAQ:AMSF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 1 Buy Rating|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$64.00 (7.11% upside)|Consensus Price Target History for AMERISAFE (NASDAQ:AMSF)
Analysts' Ratings History for AMERISAFE (NASDAQ:AMSF)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/25/2017||Boenning Scattergood||Initiated Coverage||Neutral -> Neutral||Medium|
|5/10/2017||FBR & Co||Reiterated Rating||Outperform -> Outperform||$71.00 -> $64.00||Medium|
|10/29/2015||JMP Securities||Boost Price Target||Market Outperform||$57.00 -> $60.00||N/A|
Earnings History for AMERISAFE (NASDAQ:AMSF)Earnings History by Quarter for AMERISAFE (NASDAQ AMSF)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q2 2017||$0.77||$0.82||$92.33 million||$89.93 million||View||N/A|
|4/26/2017||Q1 2017||$0.90||$0.71||$97.61 million||$97.72 million||View||N/A|
|2/22/2017||Q416||$0.98||$1.04||$99.69 million||$98.60 million||View||N/A|
|10/26/2016||Q316||$0.89||$0.93||$100.43 million||$98.20 million||View||N/A|
|7/28/2016||Q216||$0.86||$0.85||$100.25 million||$97.56 million||View||N/A|
|4/27/2016||Q116||$0.83||$1.26||$100.72 million||$100.38 million||View||N/A|
|2/24/2016||Q415||$0.90||$1.20||$100.10 million||$101.76 million||View||Listen|
|10/28/2015||Q315||$0.85||$0.94||$102.60 million||$97.50 million||View||Listen|
|7/30/2015||Q2||$0.78||$0.84||$101.68 million||$102.55 million||View||Listen|
|4/29/2015||Q115||$0.74||$0.79||$101.98 million||$101.79 million||View||N/A|
|2/26/2015||Q414||$0.78||$0.87||$102.08 million||$104.37 million||View||N/A|
|10/29/2014||Q314||$0.65||$0.72||$101.00 million||$102.34 million||View||Listen|
|7/30/2014||Q214||$0.59||$0.67||$99.20 million||$93.50 million||View||N/A|
|4/30/2014||Q114||$0.63||$0.57||$95.40 million||$96.17 million||View||Listen|
|2/26/2014||Q413||$0.50||$0.90||$93.12 million||$94.30 million||View||Listen|
|7/31/2013||Q2 2013||$0.51||$0.41||$89.86 million||$87.51 million||View||N/A|
|5/1/2013||Q1 2013||$0.48||$0.47||$88.84 million||$86.51 million||View||N/A|
|2/27/2013||Q4 2012||$0.38||$0.49||$82.52 million||$85.60 million||View||N/A|
Earnings Estimates for AMERISAFE (NASDAQ:AMSF)
2017 EPS Consensus Estimate: $3.56
2018 EPS Consensus Estimate: $3.42
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for AMERISAFE (NASDAQ:AMSF)
|Most Recent Dividend:||9/22/2017|
|Payout Ratio:||23.32% (Trailing 12 Months of Earnings) |
25.81% (Based on This Year's Estimates)
26.67% (Based on Next Year's Estimates)
Dividend History by Quarter for AMERISAFE (NASDAQ AMSF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for AMERISAFE (NASDAQ:AMSF)
Insider Ownership Percentage: 2.20%Insider Trades by Quarter for AMERISAFE (NASDAQ:AMSF)
Institutional Ownership Percentage: 99.53%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/18/2017||Neal Andrew Fuller||CFO||Sell||1,850||$56.94||$105,339.00|| |
|8/9/2017||Randy Roach||Director||Sell||500||$56.90||$28,450.00|| |
|5/31/2017||Philip A Garcia||Director||Buy||1,554||$51.54||$80,093.16|| |
|5/30/2017||Jared A Morris||Director||Buy||2,500||$50.82||$127,050.00|| |
|5/26/2017||Millard E Morris||Director||Buy||2,000||$52.15||$104,300.00|| |
|3/7/2017||G. Janelle Frost||CEO||Sell||823||$64.10||$52,754.30|| |
|3/7/2017||Vincent J Gagliano||EVP||Sell||325||$64.16||$20,852.00|| |
|3/2/2017||Kathryn Housh Shirley||EVP||Sell||480||$65.05||$31,224.00|| |
|2/28/2017||Vincent J Gagliano||EVP||Sell||2,490||$64.20||$159,858.00|| |
|11/7/2016||G. Janelle Frost||CEO||Sell||1,715||$54.87||$94,102.05|| |
|9/16/2016||Neal Andrew Fuller||CFO||Sell||1,200||$57.30||$68,760.00|| |
|8/30/2016||G. Janelle Frost||CEO||Sell||15,432||$59.01||$910,642.32|| |
|8/29/2016||G. Janelle Frost||CEO||Sell||7,568||$59.19||$447,949.92|| |
|6/1/2016||Kathryn Housh Shirley||EVP||Sell||375||$60.92||$22,845.00|| |
|5/11/2016||Vincent J Gagliano||EVP||Sell||3,200||$57.13||$182,816.00|| |
|3/18/2016||Vincent J Gagliano||EVP||Sell||3,200||$52.05||$166,560.00|| |
|3/15/2016||C Allen Bradley Jr||Chairman||Sell||3,006||$51.00||$153,306.00|| |
|3/15/2016||G. Janelle Frost||CEO||Sell||529||$50.68||$26,809.72|| |
|3/15/2016||Vincent J Gagliano||EVP||Sell||304||$50.68||$15,406.72|| |
|3/14/2016||C Allen Bradley Jr||Chairman||Sell||800||$51.00||$40,800.00|| |
|3/10/2016||C Allen Bradley Jr||Chairman||Sell||10,000||$51.03||$510,300.00|| |
|3/2/2016||C Allen Bradley Jr||Chairman||Sell||47,590||$51.66||$2,458,499.40|| |
|2/29/2016||Vincent J Gagliano||EVP||Sell||2,335||$51.71||$120,742.85|| |
|12/3/2015||C Allen Bradley, Jr.||Chairman||Sell||20,839||$53.74||$1,119,887.86|| |
|11/11/2015||Brendan Gau||VP||Sell||1,798||$54.00||$97,092.00|| |
|11/5/2015||G. Janelle Frost||CEO||Sell||1,580||$53.87||$85,114.60|| |
|8/13/2015||C Allen Bradley Jr||Chairman||Sell||5,000||$49.45||$247,250.00|| |
|6/11/2015||G. Janelle Frost||CEO||Sell||11,063||$43.94||$486,108.22|| |
|3/4/2015||Vincent J Gagliano||EVP||Sell||1,749||$40.63||$71,061.87|| |
|2/20/2015||C Allen Bradley Jr||CEO||Sell||4,064||$42.77||$173,817.28|| |
|2/5/2015||C Allen Bradley Jr||CEO||Sell||4,046||$43.85||$177,417.10|| |
|1/21/2015||C Allen Bradley Jr||CEO||Sell||4,265||$41.20||$175,718.00|| |
|1/7/2015||C Allen Bradley Jr||CEO||Sell||3,677||$40.50||$148,918.50|| |
|12/18/2014||C Allen Bradley Jr||CEO||Sell||4,222||$41.82||$176,564.04|| |
|12/8/2014||C Allen Bradley Jr||CEO||Sell||10,400||$43.65||$453,960.00|| |
|12/4/2014||C Allen Bradley Jr||CEO||Sell||4,300||$42.75||$183,825.00|| |
|11/28/2014||C Allen Bradley Jr||CEO||Sell||12,212||$42.75||$522,063.00|| |
|11/25/2014||G. Janelle Frost||COO||Sell||11,450||$42.38||$485,251.00|| |
|11/20/2014||C Allen Bradley Jr||CEO||Sell||4,338||$40.84||$177,163.92|| |
|11/13/2014||Geoffrey R Banta||EVP||Sell||5,000||$41.59||$207,950.00|| |
|11/7/2014||Craig P Leach||EVP||Sell||7,016||$41.18||$288,918.88|| |
|11/7/2014||G. Janelle Frost||COO||Sell||1,813||$41.07||$74,459.91|| |
|11/6/2014||C Allen Bradley Jr||CEO||Sell||4,325||$41.49||$179,444.25|| |
|11/6/2014||Craig P Leach||EVP||Sell||6,911||$41.52||$286,944.72|| |
|11/5/2014||Craig P Leach||EVP||Sell||9,571||$42.13||$403,226.23|| |
|10/6/2014||C Allen Bradley Jr||CEO||Sell||4,367||$39.48||$172,409.16|| |
|9/19/2014||C Allen Bradley Jr||CEO||Sell||4,377||$39.03||$170,834.31|| |
|9/5/2014||C Allen Bradley Jr||CEO||Sell||4,390||$38.17||$167,566.30|| |
|9/5/2014||Craig P Leach||EVP||Sell||25,000||$38.23||$955,750.00|| |
|9/4/2014||Geoffrey R Banta||EVP||Sell||5,000||$38.16||$190,800.00|| |
|8/26/2014||Geoffrey R Banta||EVP||Sell||4,792||$37.10||$177,783.20|| |
|8/21/2014||C Allen Bradley Jr||CEO||Sell||4,414||$37.19||$164,156.66|| |
|8/7/2014||C Allen Bradley Jr||CEO||Sell||4,411||$37.30||$164,530.30|| |
|7/22/2014||C Allen Bradley Jr||CEO||Sell||4,383||$38.46||$168,570.18|| |
|7/8/2014||C Allen Bradley Jr||CEO||Sell||4,329||$40.97||$177,359.13|| |
|6/20/2014||C Allen Bradley Jr||CEO||Sell||4,396||$37.98||$166,960.08|| |
|6/6/2014||C Allen Bradley Jr||CEO||Sell||4,391||$38.13||$167,428.83|| |
|5/21/2014||C Allen Bradley, Jr.||CEO||Sell||4,412||$37.25||$164,347.00|| |
|5/7/2014||C Allen Bradley, Jr.||CEO||Sell||4,367||$39.24||$171,361.08|| |
|5/7/2014||Geoffrey Banta||EVP||Sell||10,000||$39.21||$392,100.00|| |
|5/7/2014||Michael Grasher||CFO||Sell||4,100||$39.15||$160,515.00|| |
|4/21/2014||C Allen Bradley, Jr.||CEO||Sell||4,321||$41.40||$178,889.40|| |
|4/7/2014||C Allen Bradley, Jr.||CEO||Sell||4,340||$42.82||$185,838.80|| |
|3/21/2014||C Allen Bradley, Jr.||CEO||Sell||4,317||$43.69||$188,609.73|| |
|3/7/2014||C Allen Bradley, Jr.||CEO||Sell||3,456||$43.58||$150,612.48|| |
|3/7/2014||Vincent Gagliano||EVP||Sell||1,579||$43.64||$68,907.56|| |
|3/5/2014||Geoffrey Banta||EVP||Sell||10,000||$43.76||$437,600.00|| |
|3/4/2014||Brendan Gau||VP||Sell||5,534||$44.07||$243,883.38|| |
|3/3/2014||C Allen Bradley, Jr.||CEO||Sell||27,328||$43.69||$1,193,960.32|| |
|2/7/2014||C Allen Bradley, Jr.||CEO||Sell||3,560||$39.66||$141,189.60|| |
|1/24/2014||C Allen Bradley, Jr.||CEO||Sell||3,331||$41.81||$139,269.11|| |
|1/8/2014||C Allen Bradley, Jr.||CEO||Sell||3,849||$40.57||$156,153.93|| |
|12/20/2013||C Allen Bradley, Jr.||CEO||Sell||4,379||$41.20||$180,414.80|| |
|12/12/2013||Geoffrey Banta||EVP||Sell||7,500||$40.64||$304,800.00|| |
|12/9/2013||C Allen Bradley, Jr.||CEO||Sell||4,338||$43.22||$187,488.36|| |
|12/4/2013||G. Janelle Frost||COO||Sell||5,240||$42.52||$222,804.80|| |
|11/18/2013||C Allen Bradley, Jr.||CEO||Sell||16,000||$40.18||$642,880.00|| |
|11/7/2013||C Allen Bradley, Jr.||CEO||Sell||4,430||$38.98||$172,681.40|| |
|11/7/2013||Geoffrey Banta||EVP||Sell||3,000||$39.08||$117,240.00|| |
|11/6/2013||Geoffrey Banta||EVP||Sell||3,000||$39.34||$118,020.00|| |
|11/4/2013||G. Janelle Frost||COO||Sell||5,176||$39.44||$204,141.44|| |
|10/21/2013||C Allen Bradley Jr||CEO||Sell||4,435||$38.76||$171,900.60|| |
|10/7/2013||C Allen Bradley, Jr.||CEO||Sell||4,545||$34.67||$157,575.15|| |
|9/23/2013||C Allen Bradley, Jr.||CEO||Sell||4,538||$34.91||$158,421.58|| |
|9/13/2013||Vincent Gagliano||EVP||Sell||1,780||$33.00||$58,740.00|| |
|9/11/2013||Vincent Gagliano||EVP||Sell||1,557||$33.60||$52,315.20|| |
|9/5/2013||C Allen Bradley Jr||CEO||Sell||4,588||$33.32||$152,872.16|| |
|8/9/2013||Geoffrey Banta||President||Sell||3,668||$33.38||$122,437.84|| |
|8/6/2013||Geoffrey Banta||COO||Sell||3,832||$33.96||$130,134.72|| |
|8/1/2013||C Allen Bradley Jr||CEO||Sell||6,087||$34.02||$207,079.74|| |
|7/1/2013||C Allen Bradley Jr||CEO||Sell||6,135||$32.87||$201,657.45|| |
|6/3/2013||C Allen Bradley Jr||CEO||Sell||6,090||$33.94||$206,694.60|| |
|3/14/2013||Geoffrey R Banta||COO||Sell||3,000||$34.48||$103,440.00|| |
Headline Trends for AMERISAFE (NASDAQ:AMSF)
Latest Headlines for AMERISAFE (NASDAQ:AMSF)
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AMERISAFE (AMSF) Chart for Monday, October, 23, 2017