DOWLING & PARTN Forecasts Reduced Earnings for AMERISAFE

AMERISAFE, Inc. (NASDAQ:AMSF) – Stock analysts at DOWLING & PARTN decreased their FY2027 earnings per share estimates for AMERISAFE in a note issued to investors on Friday, July 24th. DOWLING & PARTN analyst P. Christensen now expects that the insurance provider will earn $2.00 per share for the year, down from their previous estimate of $2.10. The consensus estimate for AMERISAFE’s current full-year earnings is $2.00 per share. DOWLING & PARTN also issued estimates for AMERISAFE’s FY2028 earnings at $1.80 EPS.

Several other equities analysts also recently weighed in on AMSF. Weiss Ratings upgraded shares of AMERISAFE from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 14th. Truist Financial reduced their price target on shares of AMERISAFE from $34.00 to $32.00 and set a “hold” rating on the stock in a report on Thursday. Wall Street Zen upgraded shares of AMERISAFE from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. Finally, Citizens Jmp dropped their price objective on shares of AMERISAFE from $50.00 to $45.00 and set a “market outperform” rating for the company in a research note on Monday, April 13th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $44.00.

AMERISAFE Stock Down 1.2%

AMERISAFE stock opened at $30.06 on Tuesday. AMERISAFE has a 52 week low of $29.42 and a 52 week high of $47.86. The firm’s 50-day simple moving average is $32.30 and its 200 day simple moving average is $33.78. The firm has a market capitalization of $557.31 million, a PE ratio of 12.12 and a beta of 0.23.

AMERISAFE (NASDAQ:AMSF) last announced its quarterly earnings results on Tuesday, July 21st. The insurance provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.08). The firm had revenue of $91.97 million during the quarter, compared to analysts’ expectations of $85.09 million. AMERISAFE had a net margin of 14.00% and a return on equity of 14.87%.

Institutional Trading of AMERISAFE

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its stake in AMERISAFE by 124.7% in the 2nd quarter. GAMMA Investing LLC now owns 4,916 shares of the insurance provider’s stock valued at $166,000 after purchasing an additional 2,728 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of AMERISAFE by 5,714.3% during the 1st quarter. Parallel Advisors LLC now owns 814 shares of the insurance provider’s stock worth $27,000 after purchasing an additional 800 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of AMERISAFE by 6.7% during the 1st quarter. Bank of America Corp DE now owns 623,697 shares of the insurance provider’s stock worth $20,788,000 after purchasing an additional 39,168 shares during the last quarter. Amundi purchased a new stake in shares of AMERISAFE during the first quarter worth about $292,000. Finally, Renaissance Technologies LLC grew its holdings in shares of AMERISAFE by 19.3% during the first quarter. Renaissance Technologies LLC now owns 261,375 shares of the insurance provider’s stock worth $8,712,000 after buying an additional 42,375 shares in the last quarter. Hedge funds and other institutional investors own 97.41% of the company’s stock.

AMERISAFE Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Friday, September 11th. AMERISAFE’s dividend payout ratio is currently 66.13%.

AMERISAFE Company Profile

Amerisafe, Inc (NASDAQ: AMSF) is a specialty provider of workers’ compensation insurance products and services in the United States. The company focuses on underwriting and managing workers’ compensation policies for small to mid-sized public and private businesses, particularly in higher-hazard industries such as retail, manufacturing, distribution and wholesale. Through its network of independent agents, Amerisafe delivers tailored coverage solutions that combine robust risk management support with loss prevention programs designed to enhance workplace safety.

In addition to core insurance offerings, Amerisafe provides extensive risk control resources, including safety training, on-site consultations and claims management services.