AMERISAFE (AMSF)
(Real Time Quote from BATS)
$51.03 USD
+0.13 (0.26%)
Updated Apr 24, 2024 02:40 PM ET
1-Strong Buy of 5 1
F Value F Growth D Momentum F VGM
Company Summary
Incorporated in 1985 and headquartered in DeRidder, LA, AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance, which markets and underwrites its insurance through subsidiaries. Workers’ compensation insurance covers statutorily prescribed benefits that employers are obligated to provide to employees injured in the course and scope of their employment.
The company focuses on providing coverage to small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime, and sawmills. AMERISAFE’s workers’ compensation insurance policies provide benefits to injured employees primarily for temporary or ...
Company Summary
Incorporated in 1985 and headquartered in DeRidder, LA, AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance, which markets and underwrites its insurance through subsidiaries. Workers’ compensation insurance covers statutorily prescribed benefits that employers are obligated to provide to employees injured in the course and scope of their employment.
The company focuses on providing coverage to small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging, agriculture, oil and gas, maritime, and sawmills. AMERISAFE’s workers’ compensation insurance policies provide benefits to injured employees primarily for temporary or permanent disability, death, medical and hospital expenses. The company operates through three insurance subsidiaries — American Interstate Insurance Company of Nebraska and Texas, and Silver Oak Casualty in Louisiana.
In addition to its voluntary workers’ compensation business, the company underwrites workers’ compensation policies for employers and assumes reinsurance premiums from mandatory pooling arrangements. AMERISAFE has an efficient operating platform with an expense ratio of 29.3% in 2023, enabling it to generate a higher underwriting profit.
The company is licensed to provide workers’ compensation insurance in 47 states, the District of Columbia and the U.S. Virgin Islands. It operates on a geographically diverse basis, with 13.4% or less of its gross premiums written in 2023 derived from any one state. The top three states providing a higher percentage of gross premiums written are Georgia, Florida and Louisiana.
General Information
AMERISAFE, Inc
2301 HIGHWAY 190 WEST
DERIDDER, LA 70634
Phone: 337-463-9052
Fax: 800-450-1091
Email: investor@amerisafe.com
| Industry | Insurance - Accident and Health |
| Sector | Finance |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Exp Earnings Date | 4/24/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.66 |
| Current Year EPS Consensus Estimate | 2.48 |
| Estimated Long-Term EPS Growth Rate | NA |
| Exp Earnings Date | 4/24/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 50.90 |
| 52 Week High | 57.06 |
| 52 Week Low | 45.34 |
| Beta | 0.32 |
| 20 Day Moving Average | 116,804.95 |
| Target Price Consensus | 54.00 |
| 4 Week | 3.06 |
| 12 Week | 3.41 |
| YTD | 8.81 |
| 4 Week | 6.32 |
| 12 Week | 1.49 |
| YTD | 4.13 |
| Shares Outstanding (millions) | 19.14 |
| Market Capitalization (millions) | 973.97 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 2.91% |
| Annual Dividend | $1.48 |
| Payout Ratio | 0.47 |
| Change in Payout Ratio | 0.12 |
| Last Dividend Payout / Amount | 3/7/2024 / $0.37 |
Fundamental Ratios
| P/E (F1) | 20.57 |
| Trailing 12 Months | 17.49 |
| PEG Ratio | NA |
| vs. Previous Year | -11.90% |
| vs. Previous Quarter | 21.31% |
| vs. Previous Year | 0.45% |
| vs. Previous Quarter | 10.29% |
| Price/Book | 3.34 |
| Price/Cash Flow | 16.17 |
| Price / Sales | 3.17 |
| 3/31/24 | NA |
| 12/31/23 | 17.19 |
| 9/30/23 | 17.42 |
| 3/31/24 | NA |
| 12/31/23 | 4.38 |
| 9/30/23 | 4.48 |
| 3/31/24 | NA |
| 12/31/23 | 0.36 |
| 9/30/23 | 0.43 |
| 3/31/24 | NA |
| 12/31/23 | 0.36 |
| 9/30/23 | 0.43 |
| 3/31/24 | NA |
| 12/31/23 | 18.23 |
| 9/30/23 | 18.85 |
| 3/31/24 | NA |
| 12/31/23 | 20.24 |
| 9/30/23 | 20.78 |
| 3/31/24 | NA |
| 12/31/23 | 25.22 |
| 9/30/23 | 25.80 |
| 3/31/24 | NA |
| 12/31/23 | 15.25 |
| 9/30/23 | 17.51 |
| 3/31/24 | NA |
| 12/31/23 | NA |
| 9/30/23 | NA |
| 3/31/24 | NA |
| 12/31/23 | 0.00 |
| 9/30/23 | 0.00 |
| 3/31/24 | NA |
| 12/31/23 | 0.00 |
| 9/30/23 | 0.00 |