AMERISAFE (AMSF) Scheduled to Post Quarterly Earnings on Wednesday

AMERISAFE (NASDAQ:AMSF) will be posting its quarterly earnings results after the market closes on Wednesday, October 23rd. Analysts expect AMERISAFE to post earnings of $0.56 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings data on Monday, July 29th. The insurance provider reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.03). The firm had revenue of $75.83 million for the quarter, compared to analysts’ expectations of $74.20 million. AMERISAFE had a net margin of 18.46% and a return on equity of 16.38%. During the same period in the prior year, the business posted $0.73 earnings per share. On average, analysts expect AMERISAFE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMERISAFE Trading Up 0.7 %

Shares of NASDAQ AMSF opened at $49.69 on Wednesday. The stock has a market cap of $950.82 million, a price-to-earnings ratio of 15.48 and a beta of 0.34. AMERISAFE has a 1-year low of $41.97 and a 1-year high of $54.80. The stock’s 50-day moving average is $48.46 and its 200 day moving average is $46.86.

AMERISAFE Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 20th. Investors of record on Friday, September 6th were issued a dividend of $0.37 per share. The ex-dividend date was Friday, September 6th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.98%. AMERISAFE’s dividend payout ratio is 46.11%.

Analyst Upgrades and Downgrades

AMSF has been the topic of a number of research reports. JMP Securities reissued a “market outperform” rating and set a $65.00 price objective on shares of AMERISAFE in a report on Tuesday. StockNews.com raised AMERISAFE from a “sell” rating to a “hold” rating in a report on Thursday, August 8th.

About AMERISAFE

AMERISAFE, Inc, an insurance holding company, underwrites workers’ compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.