News coverage about AMERISAFE (NASDAQ:AMSF) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AMERISAFE earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media coverage about the insurance provider an impact score of 45.9238867880999 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Several equities research analysts have recently issued reports on the stock. Boenning Scattergood reaffirmed a “hold” rating on shares of AMERISAFE in a research report on Thursday, October 26th. FBR & Co reaffirmed a “buy” rating on shares of AMERISAFE in a research report on Wednesday, October 25th. B. Riley reaffirmed a “buy” rating on shares of AMERISAFE in a research report on Monday, November 6th. Zacks Investment Research cut shares of AMERISAFE from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $69.00 price objective on shares of AMERISAFE in a research report on Friday, October 27th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $66.00.
Shares of AMERISAFE (NASDAQ:AMSF) opened at $64.00 on Friday. The stock has a market cap of $1,224.40, a price-to-earnings ratio of 18.50 and a beta of 0.89. AMERISAFE has a 1 year low of $51.20 and a 1 year high of $69.40.
AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings results on Wednesday, October 25th. The insurance provider reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.08. AMERISAFE had a net margin of 17.07% and a return on equity of 13.92%. The firm had revenue of $92.90 million during the quarter, compared to analysts’ expectations of $92.04 million. During the same period in the previous year, the company earned $0.93 earnings per share. AMERISAFE’s quarterly revenue was down 5.4% compared to the same quarter last year. analysts predict that AMERISAFE will post 3.22 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Thursday, December 14th will be given a $0.20 dividend. The ex-dividend date is Wednesday, December 13th. This represents a $0.80 dividend on an annualized basis and a yield of 1.25%. AMERISAFE’s dividend payout ratio (DPR) is presently 23.81%.
In other news, CEO G. Janelle Frost sold 1,728 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $66.74, for a total value of $115,326.72. Following the completion of the sale, the chief executive officer now directly owns 54,322 shares of the company’s stock, valued at $3,625,450.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Neal Andrew Fuller sold 1,850 shares of the company’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $56.94, for a total transaction of $105,339.00. Following the completion of the sale, the chief financial officer now directly owns 23,210 shares of the company’s stock, valued at $1,321,577.40. The disclosure for this sale can be found here. 2.20% of the stock is owned by insiders.
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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.
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