AmTrust Financial Services (AFSI) Receives Coverage Optimism Score of 0.04
News articles about AmTrust Financial Services (NASDAQ:AFSI) have been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AmTrust Financial Services earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the insurance provider an impact score of 46.5101542237079 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Zacks: Brokerages Expect AmTrust Financial Services Inc (AFSI) Will Post Earnings of $0.27 Per Share (americanbankingnews.com)
- AmTrust Financial Services’ Preferred Stock, Series D Shares Cross 8.5% Yield Mark – Nasdaq (nasdaq.com)
- Do Shares Price Show Moderate Volatility? – AmTrust Financial Services, Inc., (NASDAQ: AFSI) – Stock Watch (stocksnewstimes.com)
- ETFs with exposure to AmTrust Financial Services, Inc. (New York) : November 27, 2017 (finance.yahoo.com)
Several research analysts recently weighed in on AFSI shares. FBR & Co downgraded shares of AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $14.00 target price for the company. in a research note on Tuesday, October 24th. ValuEngine downgraded shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. B. Riley reissued a “neutral” rating and issued a $12.00 target price on shares of AmTrust Financial Services in a research note on Monday, November 6th. BidaskClub downgraded shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Finally, JMP Securities cut AmTrust Financial Services from an “outperform” rating to a “market perform” rating in a report on Monday, November 13th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $16.33.
Shares of AmTrust Financial Services (NASDAQ AFSI) opened at $9.64 on Friday. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $1,860.29, a PE ratio of 8.95 and a beta of 1.20. AmTrust Financial Services has a fifty-two week low of $8.80 and a fifty-two week high of $28.48.
AmTrust Financial Services (NASDAQ:AFSI) last posted its quarterly earnings results on Wednesday, November 8th. The insurance provider reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.33 by ($0.37). AmTrust Financial Services had a net margin of 0.49% and a return on equity of 9.07%. The business had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm earned $0.47 EPS. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. equities research analysts forecast that AmTrust Financial Services will post 0.94 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 7.05%. The ex-dividend date of this dividend is Friday, December 29th. AmTrust Financial Services’s dividend payout ratio (DPR) is presently -424.97%.
In related news, SVP Ariel Gorelik purchased 2,962 shares of AmTrust Financial Services stock in a transaction that occurred on Wednesday, November 15th. The shares were purchased at an average cost of $9.33 per share, with a total value of $27,635.46. Following the transaction, the senior vice president now owns 5,977 shares of the company’s stock, valued at approximately $55,765.41. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 50.80% of the company’s stock.
AmTrust Financial Services Company Profile
Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.
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