Media headlines about AMERISAFE (NASDAQ:AMSF) have trended somewhat positive on Saturday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. AMERISAFE earned a news impact score of 0.14 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 46.7900047589365 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- AMERISAFE (AMSF) and FBL Financial Group (FFG) Head-To-Head Review (americanbankingnews.com)
- AMERISAFE, Inc. breached its 50 day moving average in a Bearish Manner : AMSF-US : August 17, 2017 (finance.yahoo.com)
- BidaskClub Lowers AMERISAFE, Inc (lazeresportes.com)
- Insider Trading at AMERISAFE Inc.? (overnewsmagazine.com)
- Dimensional Fund Advisors Lp Buys A Little More AMERISAFE, Inc. (AMSF) Stock (elcumanes.com)
Shares of AMERISAFE (AMSF) traded up 0.09% on Friday, reaching $55.45. The company had a trading volume of 48,508 shares. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 16.17 and a beta of 0.87. AMERISAFE has a 52-week low of $51.20 and a 52-week high of $69.40. The company’s 50-day moving average price is $56.70 and its 200-day moving average price is $59.27.
AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings data on Thursday, July 27th. The insurance provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.05. AMERISAFE had a return on equity of 14.04% and a net margin of 17.17%. The business had revenue of $89.93 million during the quarter, compared to the consensus estimate of $92.33 million. During the same period in the prior year, the company earned $0.85 EPS. AMERISAFE’s revenue for the quarter was down 7.8% on a year-over-year basis. On average, analysts predict that AMERISAFE will post $3.13 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Friday, September 8th will be given a dividend of $0.20 per share. The ex-dividend date is Thursday, September 7th. This represents a $0.80 annualized dividend and a dividend yield of 1.44%. AMERISAFE’s dividend payout ratio is currently 23.32%.
Several equities research analysts have recently weighed in on the company. BidaskClub cut AMERISAFE from a “buy” rating to a “hold” rating in a research report on Wednesday, July 12th. Zacks Investment Research raised AMERISAFE from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th. Finally, FBR & Co reissued an “outperform” rating and issued a $64.00 price objective (down from $71.00) on shares of AMERISAFE in a research report on Wednesday, May 10th.
In other AMERISAFE news, Director Philip A. Garcia acquired 1,554 shares of the company’s stock in a transaction that occurred on Wednesday, May 31st. The stock was acquired at an average cost of $51.54 per share, for a total transaction of $80,093.16. Following the transaction, the director now directly owns 9,558 shares in the company, valued at $492,619.32. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Randy Roach sold 500 shares of the company’s stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $56.90, for a total value of $28,450.00. Following the sale, the director now owns 8,399 shares of the company’s stock, valued at $477,903.10. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 6,054 shares of company stock valued at $311,443. 2.20% of the stock is owned by corporate 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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