AMERISAFE, Inc. (NASDAQ:AMSF) is set to post its quarterly earnings results after the market closes on Thursday, July 27th. Analysts expect AMERISAFE to post earnings of $0.77 per share for the quarter.

AMERISAFE (NASDAQ:AMSF) last issued its quarterly earnings data on Wednesday, April 26th. The insurance provider reported $0.71 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by $0.19. The firm had revenue of $97.72 million for the quarter, compared to analyst estimates of $97.61 million. AMERISAFE had a return on equity of 14.05% and a net margin of 17.13%. AMERISAFE’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.27 EPS. On average, analysts expect AMERISAFE to post $3.15 EPS for the current fiscal year and $3.14 EPS for the next fiscal year.

Shares of AMERISAFE, Inc. (NASDAQ:AMSF) opened at 56.70 on Thursday. The firm has a market cap of $1.09 billion, a PE ratio of 16.29 and a beta of 0.87. AMERISAFE, Inc. has a 52 week low of $51.20 and a 52 week high of $69.40. The stock’s 50 day moving average is $55.41 and its 200-day moving average is $60.24.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. Shareholders of record on Friday, June 9th were paid a dividend of $0.20 per share. The ex-dividend date was Wednesday, June 7th. This represents a $0.80 dividend on an annualized basis and a yield of 1.41%. AMERISAFE’s dividend payout ratio (DPR) is presently 22.92%.

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In other news, Director Jared A. Morris bought 2,500 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The stock was bought at an average price of $50.82 per share, for a total transaction of $127,050.00. Following the transaction, the director now owns 12,390 shares in the company, valued at $629,659.80. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Millard E. Morris bought 2,000 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was purchased at an average price of $52.15 per share, with a total value of $104,300.00. Following the transaction, the director now owns 10,336 shares in the company, valued at approximately $539,022.40. The disclosure for this purchase can be found here. In the last quarter, insiders bought 6,054 shares of company stock valued at $311,443. Insiders own 2.20% of the company’s stock.

A number of equities research analysts have weighed in on AMSF shares. Zacks Investment Research upgraded AMERISAFE from a “sell” rating to a “hold” rating in a research note on Wednesday, March 22nd. BidaskClub lowered AMERISAFE from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, FBR & Co restated an “outperform” rating and set a $64.00 price objective (down previously from $71.00) on shares of AMERISAFE in a research note on Wednesday, May 10th.

About AMERISAFE

Amerisafe, Inc is an insurance holding company. The Company is engaged in providing workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. It is engaged in underwriting the workers’ compensation exposures inherent in these industries.

Earnings History for AMERISAFE (NASDAQ:AMSF)

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