Equities research analysts expect AmTrust Financial Services Inc (NASDAQ:AFSI) to post $0.31 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Zero analysts have issued estimates for AmTrust Financial Services’ earnings. AmTrust Financial Services reported earnings per share of ($0.04) during the same quarter last year, which would suggest a positive year over year growth rate of 875%. The business is scheduled to announce its next earnings report on Wednesday, November 21st.

According to Zacks, analysts expect that AmTrust Financial Services will report full year earnings of $1.30 per share for the current year. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side analysts that follow AmTrust Financial Services.

Several brokerages have commented on AFSI. BidaskClub downgraded shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research report on Wednesday, August 22nd. B. Riley boosted their price objective on shares of AmTrust Financial Services from $12.00 to $14.75 and gave the company a “neutral” rating in a research report on Tuesday, August 7th. Six analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average price target of $14.88.

Shares of AFSI stock traded up $0.01 during trading on Thursday, hitting $14.10. The company had a trading volume of 31,122 shares, compared to its average volume of 468,367. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.52. AmTrust Financial Services has a one year low of $8.80 and a one year high of $14.74.

Institutional investors and hedge funds have recently made changes to their positions in the business. Swiss National Bank raised its position in AmTrust Financial Services by 20.5% during the second quarter. Swiss National Bank now owns 204,780 shares of the insurance provider’s stock valued at $2,984,000 after purchasing an additional 34,800 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of AmTrust Financial Services by 13.8% during the second quarter. Voya Investment Management LLC now owns 42,344 shares of the insurance provider’s stock worth $617,000 after buying an additional 5,149 shares in the last quarter. Alpine Associates Management Inc. acquired a new position in shares of AmTrust Financial Services during the second quarter worth $24,612,000. K2 Principal Fund L.P. acquired a new position in shares of AmTrust Financial Services during the second quarter worth $1,574,000. Finally, Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of AmTrust Financial Services by 148.5% during the third quarter. Tokio Marine Asset Management Co. Ltd. now owns 246,726 shares of the insurance provider’s stock worth $3,582,000 after buying an additional 147,426 shares in the last quarter. Institutional investors and hedge funds own 37.99% of the company’s stock.

AmTrust Financial Services Company Profile

AmTrust Financial Services, Inc provides property and casualty insurance in the United States and internationally. The company operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers' compensation insurance products; and commercial package, and other property and casualty insurance products, such as commercial property, general liability, inland marine, employment practices liability, commercial automobile, and umbrella coverage to small businesses.

Further Reading: What are earnings reports?

Get a free copy of the Zacks research report on AmTrust Financial Services (AFSI)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for AmTrust Financial Services (NASDAQ:AFSI)

Receive News & Ratings for AmTrust Financial Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmTrust Financial Services and related companies with MarketBeat.com's FREE daily email newsletter.