Analysts expect AMERISAFE, Inc. (NASDAQ:AMSF) to post sales of $92.63 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for AMERISAFE’s earnings, with the lowest sales estimate coming in at $92.46 million and the highest estimate coming in at $92.80 million. AMERISAFE reported sales of $100.03 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 7.4%. The business is scheduled to announce its next earnings report on Wednesday, February 28th.

On average, analysts expect that AMERISAFE will report full-year sales of $92.63 million for the current financial year, with estimates ranging from $373.21 million to $373.80 million. For the next fiscal year, analysts expect that the business will report sales of $364.20 million per share, with estimates ranging from $364.19 million to $364.20 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for AMERISAFE.

AMERISAFE (NASDAQ:AMSF) last posted its quarterly earnings data on Wednesday, October 25th. The insurance provider reported $0.87 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.79 by $0.08. The firm had revenue of $92.90 million during the quarter, compared to analysts’ expectations of $92.04 million. AMERISAFE had a net margin of 17.07% and a return on equity of 13.92%. The firm’s quarterly revenue was down 5.4% on a year-over-year basis. During the same quarter last year, the company posted $0.93 EPS.

A number of equities analysts recently weighed in on the stock. Boenning Scattergood reaffirmed a “hold” rating on shares of AMERISAFE in a research report on Thursday, October 26th. FBR & Co reissued a “buy” rating on shares of AMERISAFE in a research report on Wednesday, October 25th. B. Riley reissued a “buy” rating on shares of AMERISAFE in a research report on Monday, November 6th. Zacks Investment Research cut shares of AMERISAFE from a “buy” rating to a “hold” rating in a research report on Friday, September 15th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $69.00 price target on shares of AMERISAFE in a research report on Friday, October 27th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $66.00.

In other AMERISAFE news, CEO G. Janelle Frost sold 1,728 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $66.74, for a total value of $115,326.72. Following the completion of the transaction, the chief executive officer now owns 54,322 shares of the company’s stock, valued at approximately $3,625,450.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Neal Andrew Fuller sold 1,850 shares of the firm’s stock in a transaction on Monday, September 18th. The shares were sold at an average price of $56.94, for a total transaction of $105,339.00. Following the completion of the sale, the chief financial officer now owns 23,210 shares in the company, valued at $1,321,577.40. The disclosure for this sale can be found here. Company insiders own 2.20% of the company’s stock.

Institutional investors and hedge funds have recently made changes to their positions in the company. American Century Companies Inc. acquired a new stake in shares of AMERISAFE in the 2nd quarter valued at $12,471,000. Aperio Group LLC raised its holdings in shares of AMERISAFE by 1.2% in the 2nd quarter. Aperio Group LLC now owns 6,727 shares of the insurance provider’s stock valued at $383,000 after purchasing an additional 83 shares in the last quarter. QS Investors LLC raised its holdings in shares of AMERISAFE by 244.7% in the 2nd quarter. QS Investors LLC now owns 4,901 shares of the insurance provider’s stock valued at $279,000 after purchasing an additional 3,479 shares in the last quarter. Mutual of America Capital Management LLC raised its holdings in shares of AMERISAFE by 41.4% in the 2nd quarter. Mutual of America Capital Management LLC now owns 44,568 shares of the insurance provider’s stock valued at $2,538,000 after purchasing an additional 13,054 shares in the last quarter. Finally, Great West Life Assurance Co. Can raised its holdings in shares of AMERISAFE by 3.3% in the 2nd quarter. Great West Life Assurance Co. Can now owns 28,653 shares of the insurance provider’s stock valued at $1,630,000 after purchasing an additional 912 shares in the last quarter. Institutional investors and hedge funds own 98.38% of the company’s stock.

AMERISAFE (AMSF) opened at $64.65 on Friday. The firm has a market cap of $1,258.56, a P/E ratio of 19.01 and a beta of 0.89. AMERISAFE has a 1 year low of $51.20 and a 1 year high of $69.40.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 28th. Shareholders of record on Thursday, December 14th will be given a $0.20 dividend. The ex-dividend date is Wednesday, December 13th. This represents a $0.80 annualized dividend and a yield of 1.24%. AMERISAFE’s dividend payout ratio is presently 23.81%.

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AMERISAFE Company Profile

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.

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Earnings History and Estimates for AMERISAFE (NASDAQ:AMSF)

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