AMSF - AMERISAFE Inc Stock Price, Fair Value and News

46.37USD-0.06 (-0.13%)Market Closed

Market Summary

USD46.37-0.06

Market Closed

-0.13%

AMSF Stock Price

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AMSF RSI Chart

AMSF Valuation

Market Cap

887.3M

Price/Earnings (Trailing)

14.38

Price/Sales (Trailing)

2.87

EV/EBITDA

10.95

Price/Free Cashflow

39.23

AMSF Price/Sales (Trailing)

AMSF Profitability

EBT Margin

24.79%

Return on Equity

20.49%

Return on Assets

4.96%

Free Cashflow Yield

2.55%

AMSF Fundamentals

AMSF Revenue

Revenue (TTM)

308.9M

Rev. Growth (Yr)

2.61%

Rev. Growth (Qtr)

0.47%

AMSF Earnings

Earnings (TTM)

61.7M

Earnings Growth (Yr)

-2.39%

Earnings Growth (Qtr)

-11.76%

Breaking Down AMSF Revenue

Last 7 days

-1.1%

Last 30 days

-4.7%

Last 90 days

-7.7%

Trailing 12 Months

-15.4%

How does AMSF drawdown profile look like?

AMSF Financial Health

AMSF Investor Care

Dividend Yield

Dividend/Share (TTM)

1.39

Buy Backs (1Y)

0.09%

Diluted EPS (TTM)

3.21

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	308.9M	0	0	0
2023	297.6M	305.2M	306.5M	306.9M
2022	308.1M	295.0M	293.4M	294.7M
2021	343.7M	335.7M	325.8M	315.9M
2020	354.3M	351.7M	343.2M	339.5M
2019	378.8M	375.1M	373.1M	370.4M
2018	371.8M	377.3M	378.0M	377.8M
2017	391.9M	384.2M	378.8M	375.2M
2016	401.5M	399.1M	399.9M	396.7M
2015	409.6M	408.9M	404.1M	401.0M
2014	366.0M	379.1M	393.4M	404.0M
2013	329.1M	340.0M	347.6M	356.3M
2012	292.4M	301.9M	310.6M	321.2M
2011	250.7M	257.7M	268.9M	280.7M
2010	0	270.9M	259.5M	248.2M
2009	0	0	0	282.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of AMERISAFE Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Sep 08, 2023	omiridis anastasios	sold	-170,306	51.22	-3,325	evp-cfo
Sep 01, 2023	omiridis anastasios	acquired	-	-	7,989	evp-cfo
Sep 01, 2023	omiridis anastasios	sold (taxes)	-164,557	52.34	-3,144	evp-cfo
Jun 09, 2023	roach randy	acquired	-	-	1,408	-
Jun 09, 2023	traynor sean	acquired	-	-	1,408	-
Jun 09, 2023	greer billy b	acquired	-	-	1,408	-
Jun 09, 2023	morris jared a	acquired	-	-	1,408	-
Jun 09, 2023	brown michael j	acquired	-	-	1,408	-
Jun 09, 2023	garcia philip a	acquired	-	-	1,408	-
Jun 09, 2023	fontenot teri g.	acquired	-	-	1,408	-

Which funds bought or sold AMSF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	reduced	-8.99	-9,992	406,668	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.09	16,856	961,157	-%
May 16, 2024	Virtus Investment Advisers, Inc.	unchanged	-	19,995	295,903	0.21%
May 16, 2024	JANE STREET GROUP, LLC	added	92.02	403,528	784,458	-%
May 15, 2024	Voya Investment Management LLC	reduced	-17.55	-43,345	331,222	-%
May 15, 2024	Bramshill Investments, LLC	sold off	-100	-905,427	-	-%
May 15, 2024	JANUS HENDERSON GROUP PLC	unchanged	-	28,163	427,628	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	16.29	3,114,040	15,714,400	-%
May 15, 2024	Aquatic Capital Management LLC	unchanged	-	5,238	70,238	-%
May 15, 2024	BARCLAYS PLC	reduced	-42.82	-539,000	855,000	-%

Are Funds Buying or Selling AMSF?

Are funds buying AMSF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMSF

No. of Funds

Unveiling AMERISAFE Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.07%	1,357,063	SC 13G/A
Feb 12, 2024	neuberger berman group llc	9.65%	1,851,865	SC 13G/A
Feb 06, 2024	victory capital management inc	7.31%	1,402,045	SC 13G/A
Jan 22, 2024	blackrock inc.	16.4%	3,139,766	SC 13G/A
Feb 10, 2023	neuberger berman group llc	7.09%	1,358,886	SC 13G/A
Feb 09, 2023	vanguard group inc	6.85%	1,313,108	SC 13G/A
Jan 31, 2023	victory capital management inc	7.14%	1,367,026	SC 13G/A
Jan 26, 2023	blackrock inc.	16.5%	3,162,686	SC 13G/A
Jan 20, 2023	blackrock inc.	16.5%	3,162,686	SC 13G
Feb 11, 2022	neuberger berman group llc	7.54%	1,459,957	SC 13G/A

Recent SEC filings of AMERISAFE Inc

View All Filings

Date Filed	Form Type	Document
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	ARS	ARS
Apr 26, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Feb 23, 2024	10-K	Annual Report

Peers (Alternatives to AMERISAFE Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

AMERISAFE Inc News

Latest updates

AMERISAFE Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.5%	80.00	80.00	73.00	76.00	78.00	80.00	71.00	68.00	76.00	78.00	73.00	81.00	83.00	88.00	83.00	89.00	79.00	92.00	91.00	92.00	95.00
EBITDA Margin	-1.7%	0.25*	0.26*	0.26*	0.27*	0.23*	0.24*	0.16*	0.19*	0.26*	0.26*	0.35*	0.35*	-	-	-	-	-	-	-	-	-
Income Taxes	-19.8%	4.00	5.00	2.00	4.00	4.00	5.00	2.00	1.00	4.00	-1.61	6.00	5.00	4.00	7.00	5.00	5.00	2.00	9.00	5.00	4.00	4.00
Earnings Before Taxes	-13.4%	21.00	24.00	12.00	20.00	22.00	26.00	13.00	7.00	21.00	2.00	25.00	29.00	24.00	36.00	29.00	29.00	13.00	43.00	27.00	22.00	24.00
EBT Margin	-1.7%	0.25*	0.25*	0.26*	0.26*	0.23*	0.23*	0.15*	0.19*	0.25*	0.25*	0.35*	0.35*	-	-	-	-	-	-	-	-	-
Net Income	-11.8%	17.00	19.00	10.00	16.00	17.00	21.00	11.00	6.00	17.00	4.00	19.00	24.00	19.00	29.00	23.00	24.00	11.00	34.00	21.00	18.00	19.00
Net Income Margin	-1.3%	0.20*	0.20*	0.21*	0.21*	0.19*	0.19*	0.13*	0.16*	0.21*	0.21*	0.28*	0.28*	-	-	-	-	-	-	-	-	-
Free Cashflow	71.5%	7.00	4.00	5.00	7.00	13.00	-8.09	10.00	17.00	7.00	8.00	3.00	9.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.1%	1,243	1,229	1,297	1,299	1,288	1,269	1,359	1,382	1,391	1,403	1,480	1,506	1,495	1,471	1,547	1,550	1,524	1,493	1,575	1,571	1,559
Cash Equivalents	-13.7%	33.00	39.00	59.00	34.00	41.00	61.00	91.00	85.00	31.00	71.00	123	58.00	33.00	62.00	88.00	110	80.00	44.00	126	51.00	35.00
Net PPE	6.6%	7.00	6.00	7.00	7.00	7.00	7.00	7.00	7.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Liabilities	0.6%	942	937	961	958	955	952	986	997	996	1,003	1,000	1,038	1,047	1,032	1,065	1,087	1,087	1,063	1,106	1,122	1,129
Shareholder's Equity	3.0%	301	292	336	341	333	317	373	385	395	399	480	468	448	439	482	463	437	430	469	449	430
Retained Earnings	8.6%	124	114	169	165	156	146	207	202	202	190	270	257	238	225	269	251	232	227	266	249	236
Additional Paid-In Capital	0.2%	222	222	222	222	221	220	220	220	218	217	217	217	215	215	215	215	213	213	213	212	212
Shares Outstanding	0%	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	19.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,009	-	-	-	991	-	-	-	1,144	-	-	-	1,171	-	-	-	1,219	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	89.2%	7,506	3,967	5,132	7,277	13,466	-7,872	11,078	17,870	7,118	8,555	3,430	9,401	16,593	12,530	8,698	26,958	15,212	16,346	22,909	19,293	20,276
Share Based Compensation	56.0%	688	441	470	430	216	967	671	850	-9.00	585	428	736	571	702	816	1,018	760	1,469	373	-56.00	565
Cashflow From Investing	-111.1%	-5,717	51,274	26,954	-7,147	-27,197	61,035	7,044	46,392	-39,045	22,055	67,782	20,723	-39,601	33,965	-25,429	9,080	25,755	-26,075	56,644	1,934	-20,815
Cashflow From Financing	90.6%	-7,096	-75,808	-6,759	-7,418	-6,528	-82,646	-12,488	-9,685	-8,054	-83,016	-5,625	-5,657	-5,675	-72,906	-5,382	-5,280	-5,257	-72,328	-4,929	-4,876	-4,910
Dividend Payments	-90.4%	7,075	73,617	6,570	6,615	6,505	82,471	5,941	6,032	5,983	83,004	5,614	5,645	5,666	72,893	5,370	5,267	5,245	72,316	4,917	4,865	4,918

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AMSF Income Statement

2024-03-31

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues
Gross premiums written	$ 80,074	$ 82,487
Ceded premiums written	(3,926)	(4,179)
Net premiums written	76,148	78,308
Net premiums earned	68,446	69,181
Net investment income	7,366	7,433
Net realized gains (losses) on investments	(222)	258
Net unrealized gains on equity securities	4,776	1,369
Fee and other income	123	197
Total revenues	80,489	78,438
Expenses
Loss and loss adjustment expenses incurred	39,991	39,009
Underwriting and certain other operating costs	5,311	5,156
Commissions	5,882	5,803
Salaries and benefits	7,505	6,023
Policyholder dividends	1,072	931
Provision for investment related credit loss benefit	(17)	(19)
Total expenses	59,744	56,903
Income before income taxes	20,745	21,535
Income tax expense	3,820	4,196
Net income	$ 16,925	$ 17,339
Earnings per share
Basic	$ 0.89	$ 0.91
Diluted	$ 0.88	$ 0.9
Shares used in computing earnings per share
Basic	19,122,168	19,131,356
Diluted	19,211,282	19,235,411
Cash dividends declared per common share	$ 0.37	$ 0.34

AMSF Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments:
Fixed maturity securities-held-to-maturity, at amortized cost net of allowance for credit losses of $165 and $182 in 2024 and 2023, respectively, (fair value $461,681 and $473,092 in 2024 and 2023, respectively)	$ 475,322	$ 483,575
Fixed maturity securities-available-for-sale, at fair value (amortized cost $301,691, allowance for credit losses of $0 in 2024 and amortized cost $326,171, allowance for credit losses of $0 in 2023)	290,673	317,064
Equity securities, at fair value (cost $44,045 and $44,046 in 2024 and 2023, respectively)	61,923	57,147
Short-term investments	38,641	0
Total investments	866,559	857,786
Cash and cash equivalents	33,375	38,682
Amounts recoverable from reinsurers (net of allowance for credit losses of $309 and $360 in 2024 and 2023, respectively)	127,503	129,963
Premiums receivable (net of allowance for credit losses of $4,535 and $4,674 in 2024 and 2023, respectively)	143,987	132,861
Deferred income taxes	21,183	20,403
Accrued interest receivable	8,250	8,274
Property and equipment, net	6,767	6,349
Deferred policy acquisition costs	18,994	17,975
Federal income tax recoverable	0	1,781
Other assets	16,525	15,088
Total assets	1,243,143	1,229,162
Liabilities:
Reserves for loss and loss adjustment expenses	668,059	673,994
Unearned premiums	124,288	116,585
Amounts held for others	55,387	53,694
Policyholder deposits	34,311	34,522
Insurance-related assessments	15,624	16,896
Federal income tax payable	2,360	0
Accounts payable and other liabilities	39,875	41,020
Payable for investments purchased	2,145
Total liabilities	942,049	936,711
Shareholders’ equity:
Common stock: voting-$0.01 par value authorized shares-50,000,000 in 2024 and 2023; 20,704,448 shares issued in 2024 and 2023; and 19,135,008 shares outstanding in 2024 and 2023	207	207
Additional paid-in capital	222,443	222,078
Treasury stock, at cost (1,569,440 shares in 2024 and 2023)	(36,929)	(36,929)
Accumulated earnings	124,113	114,289
Accumulated other comprehensive loss, net	(8,740)	(7,194)
Total shareholders’ equity	301,094	292,451
Total liabilities and shareholders’ equity	$ 1,243,143	$ 1,229,162

About AMERISAFE Inc

AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. AMERISAFE, Inc. was incorporated in 1985 and is based in DeRidder, Louisiana.

CEO	Ms. Gerry Janelle Frost
WEBSITE	amerisafe.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	354

AMERISAFE Inc Frequently Asked Questions

What is the ticker symbol for AMERISAFE Inc? What does AMSF stand for in stocks?

AMSF is the stock ticker symbol of AMERISAFE Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of AMERISAFE Inc (AMSF)?

As of Fri May 17 2024, market cap of AMERISAFE Inc is 887.29 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMSF stock?

You can check AMSF's fair value in chart for subscribers.

What is the fair value of AMSF stock?

You can check AMSF's fair value in chart for subscribers. The fair value of AMERISAFE Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of AMERISAFE Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMSF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is AMERISAFE Inc a good stock to buy?

The fair value guage provides a quick view whether AMSF is over valued or under valued. Whether AMERISAFE Inc is cheap or expensive depends on the assumptions which impact AMERISAFE Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMSF.

What is AMERISAFE Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AMSF's PE ratio (Price to Earnings) is 14.38 and Price to Sales (PS) ratio is 2.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMSF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on AMERISAFE Inc's stock?

In the past 10 years, AMERISAFE Inc has provided 0.08 (multiply by 100 for percentage) rate of return.