Analysts Estimate Report : What to Look Out for AMERISAFE (NASDAQ:AMSF)

Earnings results for AMERISAFE (NASDAQ:AMSF)

AMERISAFE, Inc. is expected* to report earnings on 04/29/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.73. The reported EPS for the same quarter last year was $0.88.

AMERISAFE last released its earnings results on February 23rd, 2021. The insurance provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.36. The company had revenue of $82 million for the quarter, compared to the consensus estimate of $80.72 million. AMERISAFE has generated $4.60 earnings per share over the last year and currently has a price-to-earnings ratio of 13.1. AMERISAFE has confirmed that its next quarterly earnings report will be published on Thursday, April 29th, 2021.

Analyst Opinion on AMERISAFE (NASDAQ:AMSF)

2 Wall Street analysts have issued ratings and price targets for AMERISAFE in the last 12 months. Their average twelve-month price target is $72.00, predicting that the stock has a possible upside of 15.46%. The high price target for AMSF is $72.00 and the low price target for AMSF is $72.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

AMERISAFE has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $72.00, AMERISAFE has a forecasted upside of 15.5% from its current price of $62.36. AMERISAFE has received no research coverage in the past 90 days.

Dividend Strength: AMERISAFE (NASDAQ:AMSF)

AMERISAFE pays a meaningful dividend of 1.87%, higher than the bottom 25% of all stocks that pay dividends. AMERISAFE has only been increasing its dividend for 1 years. The dividend payout ratio of AMERISAFE is 25.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMERISAFE will have a dividend payout ratio of 39.73% next year. This indicates that AMERISAFE will be able to sustain or increase its dividend.

Insiders buying/selling: AMERISAFE (NASDAQ:AMSF)

In the past three months, AMERISAFE insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $78,381.00 in company stock. Only 1.70% of the stock of AMERISAFE is held by insiders. 98.45% of the stock of AMERISAFE is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of AMERISAFE (NASDAQ:AMSF

Earnings for AMERISAFE are expected to decrease by -23.96% in the coming year, from $3.84 to $2.92 per share. The P/E ratio of AMERISAFE is 13.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.88. The P/E ratio of AMERISAFE is 13.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.12. AMERISAFE has a P/B Ratio of 2.80. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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