Media stories about Amerisafe (NASDAQ:AMSF) have trended somewhat negative on Saturday, according to Alpha One Sentiment. The research group, a subsidiary of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Amerisafe earned a coverage optimism score of -0.11 on Alpha One’s scale. Alpha One also gave media headlines about the insurance provider an impact score of 73 out of 100, meaning that recent media coverage is likely to have an effect on the stock’s share price in the immediate future.
Shares of Amerisafe (NASDAQ:AMSF) opened at 51.95 on Friday. Amerisafe has a one year low of $51.20 and a one year high of $69.40. The stock has a market cap of $994.84 million, a price-to-earnings ratio of 14.92 and a beta of 0.66. The company has a 50 day moving average price of $59.41 and a 200-day moving average price of $62.36.
Amerisafe (NASDAQ:AMSF) last posted its earnings results on Wednesday, April 26th. The insurance provider reported $0.71 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.90 by $0.19. Amerisafe had a net margin of 20.47% and a return on equity of 16.76%. The company had revenue of $97.72 million during the quarter, compared to analyst estimates of $97.61 million. During the same quarter last year, the business posted $1.27 EPS. The firm’s revenue for the quarter was down 4.3% on a year-over-year basis. Equities analysts predict that Amerisafe will post $3.15 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Investors of record on Friday, June 9th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $0.80 annualized dividend and a yield of 1.54%. Amerisafe’s dividend payout ratio (DPR) is presently 16.82%.
A number of analysts recently issued reports on the company. FBR & Co reiterated an “outperform” rating and issued a $64.00 price target (down previously from $71.00) on shares of Amerisafe in a report on Wednesday, May 10th. Zacks Investment Research upgraded Amerisafe from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th.
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In other Amerisafe news, EVP Kathryn Housh Shirley sold 480 shares of the business’s stock in a transaction on Thursday, March 2nd. The shares were sold at an average price of $65.05, for a total value of $31,224.00. Following the completion of the transaction, the executive vice president now owns 12,917 shares in the company, valued at $840,250.85. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO G. Janelle Frost sold 823 shares of the business’s stock in a transaction on Tuesday, March 7th. The stock was sold at an average price of $64.10, for a total transaction of $52,754.30. Following the completion of the transaction, the chief executive officer now owns 54,783 shares of the company’s stock, valued at approximately $3,511,590.30. The disclosure for this sale can be found here. Insiders sold a total of 4,118 shares of company stock valued at $264,688 in the last quarter. 2.60% of the stock is owned by insiders.
Amerisafe Company Profile
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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