AMERISAFE (AMSF) Scheduled to Post Earnings on Wednesday

AMERISAFE (NASDAQ:AMSF) will post its quarterly earnings results after the market closes on Wednesday, April 24th. Analysts expect AMERISAFE to post earnings of $0.66 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

AMERISAFE (NASDAQ:AMSF) last posted its quarterly earnings results on Wednesday, February 21st. The insurance provider reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.08. AMERISAFE had a return on equity of 17.19% and a net margin of 20.24%. The firm had revenue of $73.88 million during the quarter, compared to the consensus estimate of $75.15 million. On average, analysts expect AMERISAFE to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AMERISAFE Stock Up 0.6 %

Shares of AMERISAFE stock opened at $51.17 on Tuesday. The stock has a market cap of $979.39 million, a P/E ratio of 15.84 and a beta of 0.32. AMERISAFE has a 12-month low of $45.34 and a 12-month high of $57.06. The business’s 50 day moving average is $50.25 and its 200-day moving average is $49.59.

AMERISAFE Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date was Thursday, March 7th. This is an increase from AMERISAFE’s previous quarterly dividend of $0.34. AMERISAFE’s dividend payout ratio (DPR) is 45.82%.

Wall Street Analysts Forecast Growth

AMSF has been the subject of a number of research analyst reports. JMP Securities reiterated a “market outperform” rating and set a $65.00 price target on shares of AMERISAFE in a report on Monday, April 15th. TheStreet upgraded AMERISAFE from a “c+” rating to a “b-” rating in a research note on Monday, March 4th.

About AMERISAFE

AMERISAFE, Inc, an insurance holding company, underwrites workers' compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.