Amerisafe (AMSF) Scheduled to Post Quarterly Earnings on Tuesday

Cornelia Mascio
Aprile 17, 2018

Amerisafe, Inc. (NASDAQ:AMSF)'s earnings report is anticipated by WallStreet on April, 25, as reported by Faxor. (NASDAQ:AMSF) have earned an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. The company was maintained on Thursday, October 26 by SunTrust. (NASDAQ:AMSF) has "Buy" rating given by SunTrust.

A number of other equities analysts also recently issued reports on AMSF. Walthausen & Co Limited Co reported 106,920 shs or 0.62% of all its holdings.

Dean Capital Management holds 1.05% of its portfolio in Amerisafe, Inc. for 35,932 shares. They expect $0.73 EPS, up 2.82 % or $0.02 from last year's $0.71 per share. The shares were sold at an average price of $55.22, for a total transaction of $45,280.40. Following the completion of the transaction, the chief executive officer now owns 69,322 shares of the company's stock, valued at $3,849,450.66. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

In other news, EVP Vincent J. Gagliano sold 820 shares of the firm's stock in a transaction dated Tuesday, March 6th. Following the transaction, the executive vice president now owns 12,917 shares of the company's stock, valued at approximately $840,250.85. The disclosure for this sale can be found here.

A number of large investors have recently added to or reduced their stakes in the business. Municipal Employees Retirement System of MI increased its position in Amerisafe by 1.7% in the third quarter. Jefferies Group LLC purchased a new position in Amerisafe during the fourth quarter valued at approximately $216,000. Aperio Group LLC now owns 8,980 shares of the insurance provider's stock valued at $553,000 after purchasing an additional 1,288 shares during the last quarter.

Teacher Retirement Sys Of Texas has invested 0% of its capital in Amerisafe, Inc. BlackRock Investment Management LLC increased its stake in Amerisafe by 1.1% in the third quarter. Great West Life Assurance Can reported 0% stake. Can increased its stake in Amerisafe by 3.6% in the third quarter. Can now owns 26,233 shares of the company's stock worth $1,541,000 after buying an additional 903 shares during the last quarter.

Amerisafe (NASDAQ:AMSF) opened at 65.10 on Friday. The firm's 50 day moving average price is $64.50 and its 200 day moving average price is $61.37. The company has a market capitalization of $1,046.98, a P/E ratio of 17.95 and a beta of 0.83. Amerisafe has a 52 week low of $51.20 and a 52 week high of $67.82.

Amerisafe (NASDAQ:AMSF) last released its earnings results on Monday, February 26th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.06. Amerisafe had a return on equity of 12.69% and a net margin of 12.32%. The company had revenue of $94.94 million during the quarter, compared to analyst estimates of $92.71 million. During the same period in the prior year, the business posted $1.04 earnings per share. Amerisafe's revenue was down 3.7% on a year-over-year basis. On average, equities research analysts predict that Amerisafe will post $3.78 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 24th. Investors of record on Friday, March 9th were issued a $0.22 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.23%. The ex-dividend date was Thursday, March 8th. American International Group Inc. boosted its holdings in shares of Amerisafe by 5.8% during the 3rd quarter. Amerisafe's dividend payout ratio (DPR) is presently 28.57%.

AMERISAFE, Inc., an insurance holding company, provides workers' compensation insurance in the United States. The Company provides workers' compensation insurance for small to mid-sized employers engaged in hazardous industries, principally construction, trucking, manufacturing, agriculture, and oil and gas.

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