AMERISAFE (NASDAQ:AMSF) Earns Daily News Sentiment Rating of 0.16
Media headlines about AMERISAFE (NASDAQ:AMSF) have been trending somewhat positive recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AMERISAFE earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news stories about the insurance provider an impact score of 46.9376849388777 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Reviewing AMERISAFE (AMSF) and Fidelity and Guaranty Life (FGL) (americanbankingnews.com)
- Analyst Earnings Estimates Review: Hi-Crush Partners LP (HCLP) (fishinghd.com)
- Financial Contrast: Primerica (PRI) versus AMERISAFE (NASDAQ:AMSF) (americanbankingnews.com)
- $92.81 Million in Sales Expected for AMERISAFE, Inc. (NASDAQ:AMSF) This Quarter (americanbankingnews.com)
- Brokerages Expect AMERISAFE, Inc. (AMSF) Will Announce Earnings of $0.78 Per Share (americanbankingnews.com)
AMSF has been the topic of several recent research reports. Zacks Investment Research raised shares of AMERISAFE from a “sell” rating to a “hold” rating in a report on Tuesday, April 25th. FBR & Co reaffirmed an “outperform” rating and set a $64.00 price objective (down from $71.00) on shares of AMERISAFE in a report on Wednesday, May 10th. Finally, BidaskClub raised shares of AMERISAFE from a “hold” rating to a “buy” rating in a report on Thursday, June 15th.
Shares of AMERISAFE (NASDAQ AMSF) opened at 57.65 on Monday. The stock has a market capitalization of $1.10 billion, a P/E ratio of 16.81 and a beta of 0.87. The firm’s 50-day moving average is $56.52 and its 200 day moving average is $59.85. AMERISAFE has a 12-month low of $51.20 and a 12-month high of $69.40.
AMERISAFE (NASDAQ:AMSF) last announced its earnings results on Thursday, July 27th. The insurance provider reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. The business had revenue of $89.93 million for the quarter, compared to analysts’ expectations of $92.33 million. AMERISAFE had a return on equity of 14.04% and a net margin of 17.17%. The business’s revenue for the quarter was down 7.8% on a year-over-year basis. During the same period last year, the firm posted $0.85 earnings per share. On average, equities research analysts forecast that AMERISAFE will post $3.13 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Shareholders of record on Friday, September 8th will be given a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $0.80 annualized dividend and a yield of 1.39%. AMERISAFE’s payout ratio is 23.32%.
In related news, Director Millard E. Morris acquired 2,000 shares of the stock in a transaction dated Friday, May 26th. The shares were purchased at an average cost of $52.15 per share, with a total value of $104,300.00. Following the transaction, the director now directly owns 10,336 shares in the company, valued at $539,022.40. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jared A. Morris acquired 2,500 shares of the stock in a transaction dated Tuesday, May 30th. The shares were bought at an average cost of $50.82 per share, for a total transaction of $127,050.00. Following the completion of the transaction, the director now owns 12,390 shares in the company, valued at $629,659.80. The disclosure for this purchase can be found here. Insiders acquired 6,054 shares of company stock worth $311,443 over the last three months. Insiders own 2.20% of the company’s stock.
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.
Receive News & Ratings for AMERISAFE Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMERISAFE Inc. and related companies with MarketBeat.com's FREE daily email newsletter.