AmTrust Financial Services, Inc. (NASDAQ:AFSI)’s share price was down 0% during trading on Tuesday . The company traded as low as $11.84 and last traded at $11.89. Approximately 3,052,174 shares changed hands during mid-day trading, an increase of 244% from the average daily volume of 887,791 shares. The stock had previously closed at $11.89.

A number of equities analysts have commented on AFSI shares. TheStreet cut shares of AmTrust Financial Services from a “c” rating to a “d” rating in a research note on Wednesday, July 19th. Zacks Investment Research cut shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. BidaskClub cut shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. ValuEngine cut shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, FBR & Co lowered shares of AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $14.00 target price for the company. in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. AmTrust Financial Services presently has a consensus rating of “Hold” and an average price target of $17.50.

The firm has a market capitalization of $2,455.40, a price-to-earnings ratio of 6.85 and a beta of 1.20. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.52 and a current ratio of 0.52.

AmTrust Financial Services (NASDAQ:AFSI) last announced its quarterly earnings data on Tuesday, August 8th. The insurance provider reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.04. AmTrust Financial Services had a net margin of 5.14% and a return on equity of 14.26%. The company had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter last year, the business posted $0.77 EPS. The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. research analysts anticipate that AmTrust Financial Services, Inc. will post 1.18 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of AFSI. Teachers Advisors LLC increased its position in AmTrust Financial Services by 2.6% during the 1st quarter. Teachers Advisors LLC now owns 276,400 shares of the insurance provider’s stock valued at $5,102,000 after purchasing an additional 7,115 shares during the period. TIAA CREF Investment Management LLC increased its position in AmTrust Financial Services by 0.7% during the 1st quarter. TIAA CREF Investment Management LLC now owns 407,656 shares of the insurance provider’s stock valued at $7,525,000 after purchasing an additional 2,658 shares during the period. Legal & General Group Plc grew its position in shares of AmTrust Financial Services by 359.5% in the 1st quarter. Legal & General Group Plc now owns 31,937 shares of the insurance provider’s stock worth $590,000 after buying an additional 24,987 shares during the last quarter. Vanguard Group Inc. grew its position in shares of AmTrust Financial Services by 33.6% in the 1st quarter. Vanguard Group Inc. now owns 8,667,061 shares of the insurance provider’s stock worth $159,994,000 after buying an additional 2,181,846 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in shares of AmTrust Financial Services by 3.8% in the 1st quarter. Geode Capital Management LLC now owns 870,774 shares of the insurance provider’s stock worth $16,074,000 after buying an additional 31,929 shares during the last quarter. 36.36% of the stock is currently owned by institutional investors and hedge funds.

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AmTrust Financial Services Company Profile

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.

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