Equities analysts predict that AMERISAFE, Inc. (NASDAQ:AMSF – Get Ranking) will put up gross sales of $72.00 million for the present quarter, in accordance with Zacks. Two analysts have issued estimates for AMERISAFE’s earnings, with the very best gross sales estimate coming in at $72.79 million and the bottom estimate coming in at $71.20 million. AMERISAFE posted gross sales of $77.52 million throughout the identical quarter final 12 months, which might point out a detrimental 12 months over 12 months development charge of seven.1%. The enterprise is scheduled to report its subsequent quarterly earnings outcomes after the market closes on Monday, January 1st.
On common, analysts count on that AMERISAFE will report full 12 months gross sales of $283.70 million for the present monetary 12 months, with estimates starting from $280.10 million to $287.29 million. For the following fiscal 12 months, analysts count on that the enterprise will report gross sales of $281.11 million, with estimates starting from $276.90 million to $285.31 million. Zacks’ gross sales calculations are a median primarily based on a survey of sell-side analysis analysts that cowl AMERISAFE.
AMSF has been the subject of quite a lot of analysis experiences. Zacks Funding Analysis downgraded shares of AMERISAFE from a “maintain” score to a “sturdy promote” score and set a $40.00 value goal on the inventory. in a analysis notice on Tuesday, March eighth. StockNews.com began protection on AMERISAFE in a report on Thursday, March thirty first. They set a “maintain” score on the inventory. Lastly, Truist Monetary lowered AMERISAFE from a “purchase” score to a “maintain” score and set a $50.00 goal value on the inventory. in a report on Friday, March 4th. One analysis analyst has rated the inventory with a promote score, two have issued a maintain score and one has given a purchase score to the corporate. In line with MarketBeat.com, AMERISAFE presently has a median score of “Maintain” and a median value goal of $53.33.
Institutional buyers have just lately purchased and bought shares of the corporate. CWM LLC purchased a brand new place in shares of AMERISAFE within the fourth quarter value about $1,482,000. Assenagon Asset Administration S.A. acquired a brand new stake in AMERISAFE in the course of the fourth quarter value about $6,228,000. Wrapmanager Inc. grew its place in AMERISAFE by 41.6% in the course of the third quarter. Wrapmanager Inc. now owns 12,478 shares of the insurance coverage supplier’s inventory value $701,000 after shopping for an extra 3,667 shares within the final quarter. GSA Capital Companions LLP grew its place in AMERISAFE by 227.3% in the course of the third quarter. GSA Capital Companions LLP now owns 39,327 shares of the insurance coverage supplier’s inventory value $2,209,000 after shopping for an extra 27,313 shares within the final quarter. Lastly, Voya Funding Administration LLC grew its place in AMERISAFE by 3.9% in the course of the third quarter. Voya Funding Administration LLC now owns 9,955 shares of the insurance coverage supplier’s inventory value $559,000 after shopping for an extra 372 shares within the final quarter. Institutional buyers and hedge funds personal 97.76% of the corporate’s inventory.
Shares of NASDAQ AMSF traded down $0.33 throughout mid-day buying and selling on Tuesday, reaching $46.53. The corporate had a buying and selling quantity of 94,512 shares, in comparison with its common quantity of 102,663. AMERISAFE has a twelve month low of $44.06 and a twelve month excessive of $67.10. The inventory has a market capitalization of $900.82 million, a PE ratio of 13.73 and a beta of 0.38. The inventory’s 50 day transferring common is $49.11 and its 200-day transferring common is $53.08.
The enterprise additionally just lately introduced a quarterly dividend, which was paid on Friday, March twenty fifth. Shareholders of report on Friday, March eleventh have been issued a dividend of $0.31 per share. This can be a constructive change from AMERISAFE’s earlier quarterly dividend of $0.29. This represents a $1.24 annualized dividend and a yield of two.66%. The ex-dividend date was Thursday, March tenth. AMERISAFE’s dividend payout ratio (DPR) is 36.58%.
AMERISAFE Firm Profile (Get Ranking)
AMERISAFE, Inc, an insurance coverage holding firm, underwrites staff’ compensation insurance coverage in the USA. The corporate’s staff’ compensation insurance coverage insurance policies present advantages to injured workers for short-term or everlasting incapacity, dying, and medical and hospital bills. It serves small to mid-sized employers engaged in hazardous industries, together with building, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.
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