The AmTrust Financial Services Inc. (AFSI) Issues Earnings Results

Paola Ditto
Novembre 15, 2017

The firm has a market capitalization of $4.34 billion, a P/E ratio of 9.13 and a beta of 1.08. The Company's solutions support a range of defense and intelligence programs. The Company's technologies include embedded processing modules and subsystems, radio frequency and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

At the end of 06/30/2017 reporting period, 91 institutional holders increased their position in AmTrust Financial Services, Inc. The company holds 207.21 million outstanding shares and 109.32 million shares are floating in market. Symons Capital Management Inc. bought a new stake in AmTrust Financial Services during the 3rd quarter worth approximately $172,000. AmTrust Financial Services's dividend payout ratio is -424.97%. The stock decreased 5.50% or $0.6 during the last trading session, reaching $10.3. A total of 3.74 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 1.24 Million shares, while its relative volume stands at 3. It has underperformed by 70.19% the S&P500. About 100 shares traded. Office Depot Inc (NASDAQ:ODP) has risen 51.05% since November 13, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.

Overstock.com, Inc. (OSTK) have shown a high EPS growth of 21.00% in the last 5 years and has earnings rose of 397.40% yoy. The insurance provider reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.37).

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $737,138 activity. Riverhead Capital Mgmt Ltd Liability reported 98,909 shares stake. Hedge funds and other institutional investors own 34.72% of the company's stock. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Tru Invest Advisors, Indiana-based fund reported 38,807 shares. Its down 8.14% from 15.96M shares previously. Amalgamated Bank controls 10,638 shares worth $143,000. Energy Transfer Partners L.P. was raised too.

AmTrust Financial Services (NASDAQ:AFSI) last released its earnings results on Wednesday, November 8th. AmTrust Financial Services's revenue for the quarter was up 4.3% on a year-over-year basis.

Among 8 analysts covering Amtrust Financial Services (NASDAQ:AFSI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive.

TRADEMARK VIOLATION NOTICE: "William Blair Equities Analysts Lift Earnings Estimates for AmTrust Financial Services, Inc". The firm has "Buy" rating given on Thursday, February 11 by Compass Point. As per Friday, February 5, the company rating was maintained by Compass Point. AmTrust Financial Services now has a consensus rating of "Hold" and an average target price of $16.33. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. "(AFSI) Earns Buy Rating from SunTrust Banks, Inc." was first reported by BBNS and is the property of of BBNS. The firm earned "Hold" rating on Tuesday, August 8 by Keefe Bruyette & Woods. The firm has "Buy" rating given on Friday, June 9 by FBR Capital.

This represents a decrease of -8% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. Ameriprise Financial reported 0% stake. Proshare Advsr Ltd holds 0.08% or 556,369 shares in its portfolio. Citigroup Inc stated it has 0% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). Invesco reported 9.87M shares. Ls Invest Advisors Llc owns 0.02% invested in Murphy Oil Corporation (NYSE:MUR) for 13,529 shares. Millennium Mgmt Ltd Co accumulated 183,634 shares or 0% of the stock. Finally, State Street Corp increased its stake in AmTrust Financial Services by 3.6% in the second quarter. The SI to Amtrust Financial Services Incorporated's float is 17.72%. 44 funds opened positions while 103 raised stakes. (NASDAQ:CPRT). Clarkston Prtnrs Ltd Liability reported 11,374 shares. Moreover, James Rech has 0% invested in AmTrust Financial Services Inc (NASDAQ:AFSI) for 350 shares. AmTrust Financial Services had a return on equity of 9.07% and a net margin of 0.49%. It turned negative, as 68 investors sold AmTrust Financial Services Inc shares while 49 reduced holdings.

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