AMERISAFE (AMSF) Scheduled to Post Earnings on Wednesday

AMERISAFE (NASDAQ:AMSF) will announce its earnings results after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of $0.56 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

AMERISAFE (NASDAQ:AMSF) last announced its earnings results on Monday, July 29th. The insurance provider reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.03). The firm had revenue of $75.83 million during the quarter, compared to analysts’ expectations of $74.20 million. AMERISAFE had a return on equity of 16.38% and a net margin of 18.46%. During the same period in the previous year, the business posted $0.73 earnings per share. On average, analysts expect AMERISAFE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMERISAFE Stock Performance

Shares of NASDAQ:AMSF opened at $51.04 on Tuesday. The stock has a market capitalization of $976.65 million, a price-to-earnings ratio of 15.90 and a beta of 0.34. The stock’s 50-day simple moving average is $48.83 and its two-hundred day simple moving average is $46.94. AMERISAFE has a 52-week low of $41.97 and a 52-week high of $54.80.

AMERISAFE Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 6th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, September 6th. This represents a $1.48 annualized dividend and a yield of 2.90%. AMERISAFE’s payout ratio is 46.11%.

Analyst Ratings Changes

Several research firms have recently commented on AMSF. StockNews.com raised AMERISAFE from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th. JMP Securities reaffirmed a “market outperform” rating and issued a $65.00 price objective on shares of AMERISAFE in a research note on Tuesday, October 15th.

AMERISAFE Company Profile

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.