AMERISAFE (NASDAQ:AMSF – Get Free Report) is set to release its earnings data after the market closes on Wednesday, October 23rd. Analysts expect AMERISAFE to post earnings of $0.56 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
AMERISAFE (NASDAQ:AMSF – Get Free Report) last announced its quarterly earnings results 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 company had revenue of $75.83 million during the quarter, compared to analyst estimates of $74.20 million. AMERISAFE had a net margin of 18.46% and a return on equity of 16.38%. During the same quarter last year, the business earned $0.73 EPS. On average, analysts expect AMERISAFE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
AMERISAFE Stock Up 0.2 %
AMSF stock opened at $51.52 on Monday. The company has a market cap of $985.84 million, a price-to-earnings ratio of 16.05 and a beta of 0.34. The business has a fifty day simple moving average of $48.73 and a 200-day simple moving average of $46.92. AMERISAFE has a 52 week low of $41.97 and a 52 week high of $54.80.
AMERISAFE Dividend Announcement
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on the company. StockNews.com raised AMERISAFE from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th. JMP Securities reaffirmed a “market outperform” rating and set a $65.00 price target on shares of AMERISAFE in a research report on Tuesday, October 15th.
Read Our Latest Analysis on AMERISAFE
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.
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