AmTrust Financial Services Inc (NASDAQ:AFSI) declared a quarterly dividend on Wednesday, February 14th, Wall Street Journal reports. Stockholders of record on Monday, April 2nd will be paid a dividend of 0.17 per share by the insurance provider on Monday, April 16th. This represents a $0.68 annualized dividend and a dividend yield of 5.32%. The ex-dividend date of this dividend is Thursday, March 29th.
Shares of AmTrust Financial Services (NASDAQ AFSI) traded up $0.04 during trading on Wednesday, hitting $12.79. The stock had a trading volume of 478,800 shares, compared to its average volume of 1,504,806. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.53 and a quick ratio of 0.53. The company has a market cap of $2,499.34, a price-to-earnings ratio of -82.56 and a beta of 1.30. AmTrust Financial Services has a 12-month low of $8.80 and a 12-month high of $27.91.
Several equities analysts have recently commented on the company. Zacks Investment Research lowered AmTrust Financial Services from a “buy” rating to a “hold” rating in a research report on Monday. BidaskClub upgraded AmTrust Financial Services from a “sell” rating to a “hold” rating in a research report on Tuesday. FBR & Co lowered AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $14.00 price objective on the stock. in a research report on Tuesday, October 24th. ValuEngine lowered AmTrust Financial Services from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, SunTrust Banks reiterated a “buy” rating and set a $16.00 price objective on shares of AmTrust Financial Services in a research report on Friday, November 10th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $15.14.
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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