AMERISAFE, Inc. (NASDAQ:AMSF) declared a quarterly dividend on Friday, July 28th, Wall Street Journal reports. Investors of record on Friday, September 8th will be paid a dividend of 0.20 per share by the insurance provider on Friday, September 22nd. This represents a $0.80 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Thursday, September 7th.

Shares of AMERISAFE (AMSF) traded up 2.25% on Friday, reaching $59.05. 74,796 shares of the company’s stock were exchanged. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 16.96 and a beta of 0.87. The company’s 50 day moving average is $56.17 and its 200-day moving average is $60.03. AMERISAFE has a one year low of $51.20 and a one year high of $69.40.

AMERISAFE (NASDAQ:AMSF) last issued its quarterly earnings results on Thursday, July 27th. The insurance provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. AMERISAFE had a return on equity of 14.05% and a net margin of 17.13%. The company had revenue of $89.93 million during the quarter, compared to the consensus estimate of $92.33 million. During the same period last year, the company earned $0.85 earnings per share. AMERISAFE’s revenue was down 7.8% on a year-over-year basis. On average, analysts anticipate that AMERISAFE will post $3.15 EPS for the current year.

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In other AMERISAFE news, Director Philip A. Garcia bought 1,554 shares of the firm’s stock in a transaction dated Wednesday, May 31st. The stock was acquired at an average cost of $51.54 per share, for a total transaction of $80,093.16. Following the completion of the transaction, the director now owns 9,558 shares in the company, valued at $492,619.32. The acquisition was disclosed in a document filed with the SEC, which is available 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 shares were acquired at an average price of $52.15 per share, with a total value of $104,300.00. Following the completion of the transaction, the director now owns 10,336 shares of the company’s stock, valued at approximately $539,022.40. The disclosure for this purchase can be found here. Over the last quarter, insiders have bought 6,054 shares of company stock valued at $311,443. Corporate insiders own 2.20% of the company’s stock.

AMSF has been the subject of several research analyst reports. FBR & Co reiterated an “outperform” rating and set a $64.00 target price (down from $71.00) on shares of AMERISAFE in a research report on Wednesday, May 10th. BidaskClub upgraded AMERISAFE from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Finally, Zacks Investment Research downgraded AMERISAFE from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 2nd.

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.

Dividend History for AMERISAFE (NASDAQ:AMSF)

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