AMERISAFE (AMSF) Stock Price, News & Analysis

Company Overview

AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. AMERISAFE, Inc. was incorporated in 1985 and is based in DeRidder, Louisiana.

Key Stats

• Today's Range: $58.15 to $58.57
• 50-Day Range: $47.72 to $59.66
• 52-Week Range: $41.97 to $60.24
• Volume: 15,891 shs
• Average Volume: 122,864 shs
• Market Capitalization: $1.11 billion
• P/E Ratio: 18.28
• Dividend Yield: 2.53%
• Price Target: $59.50
• Consensus Rating: Moderate Buy

AMERISAFE Stock Analysis - MarketRank™

AMERISAFE scored higher than 51% of companies evaluated by MarketBeat, and ranked 608th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

AMERISAFE has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

AMERISAFE has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -11.02%

Earnings Growth

Earnings for AMERISAFE are expected to decrease by -11.02% in the coming year, from $2.45 to $2.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of AMERISAFE is 18.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of AMERISAFE is 18.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.52.

Price to Book Value per Share Ratio

AMERISAFE has a P/B Ratio of 3.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.11% of the float of AMERISAFE has been sold short.

Short Interest Ratio / Days to Cover

AMERISAFE has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMERISAFE has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

AMERISAFE pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

AMERISAFE has been increasing its dividend for 11 years.

Dividend Coverage

The dividend payout ratio of AMERISAFE is 46.25%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, AMERISAFE will have a dividend payout ratio of 67.89% next year. This indicates that AMERISAFE will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.11% of the float of AMERISAFE has been sold short.

Short Interest Ratio / Days to Cover

AMERISAFE has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in AMERISAFE has recently increased by 17.12%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.50

News Sentiment

AMERISAFE has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for AMERISAFE this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for AMSF on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added AMERISAFE to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, AMERISAFE insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.45% of the stock of AMERISAFE is held by insiders.

Percentage Held by Institutions

97.41% of the stock of AMERISAFE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMSF Stock Analysis - Frequently Asked Questions

How have AMSF shares performed this year?

AMERISAFE's stock was trading at $46.78 on January 1st, 2024. Since then, AMSF stock has increased by 25.0% and is now trading at $58.48.
View the best growth stocks for 2024 here.

How were AMERISAFE's earnings last quarter?

AMERISAFE, Inc. (NASDAQ:AMSF) posted its quarterly earnings data on Wednesday, October, 23rd. The insurance provider reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The insurance provider earned $78.70 million during the quarter, compared to analyst estimates of $75.38 million. AMERISAFE had a net margin of 19.49% and a trailing twelve-month return on equity of 16.50%.

Who are AMERISAFE's major shareholders?

AMERISAFE's top institutional shareholders include Champlain Investment Partners LLC (4.81%), State Street Corp (4.26%), Charles Schwab Investment Management Inc. (3.36%) and Victory Capital Management Inc. (2.47%). Insiders that own company stock include G Janelle Frost, Neal Andrew Fuller, Vincent J Gagliano and Kathryn Housh Shirley.
View institutional ownership trends.

How do I buy shares of AMERISAFE?

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

What other stocks do shareholders of AMERISAFE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that AMERISAFE investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 9/20 Dividend: 9/06/2024
• Dividend Payable: 9/20/2024
• Last Earnings: 10/23/2024
• Today: 11/21/2024
• Ex-Dividend for 12/13 Dividend: 12/06/2024
• Dividend Payable: 12/13/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/19/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NASDAQ:AMSF
• CUSIP: 03071H10
• CIK: 1018979
• Web: www.amerisafe.com
• Phone: (337) 463-9052
• Fax: 800-450-1091
• Employees: 350
• Year Founded: 1985

Price Target and Rating

• Average Stock Price Target: $59.50
• High Stock Price Target: $65.00
• Low Stock Price Target: $54.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.20
• Trailing P/E Ratio: 18.28
• Forward P/E Ratio: 23.87
• P/E Growth: N/A
• Net Income: $62.11 million
• Net Margins: 19.49%
• Pretax Margin: 24.19%
• Return on Equity: 16.50%
• Return on Assets: 4.02%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.44
• Quick Ratio: 0.44

Sales & Book Value

• Annual Sales: $306.85 million
• Price / Sales: 3.63
• Cash Flow: $3.17 per share
• Price / Cash Flow: 18.42
• Book Value: $16.50 per share
• Price / Book: 3.54

Miscellaneous

• Outstanding Shares: 19,050,000
• Free Float: 18,774,000
• Market Cap: $1.11 billion
• Optionable: Optionable
• Beta: 0.33