AMSF - AMERISAFE Inc Stock Price, Fair Value and News

48.85USD+0.53 (+1.10%)Market Closed

Market Summary

USD48.85+0.53

Market Closed

1.10%

AMSF Stock Price

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AMSF RSI Chart

AMSF Valuation

Market Cap

934.7M

Price/Earnings (Trailing)

15.05

Price/Sales (Trailing)

3.05

EV/EBITDA

11.37

Price/Free Cashflow

31.91

AMSF Price/Sales (Trailing)

AMSF Profitability

EBT Margin

25.22%

Return on Equity

21.24%

Return on Assets

5.05%

Free Cashflow Yield

3.13%

AMSF Fundamentals

AMSF Revenue

Revenue (TTM)

306.9M

Rev. Growth (Yr)

0.45%

Rev. Growth (Qtr)

10.29%

AMSF Earnings

Earnings (TTM)

62.1M

Earnings Growth (Yr)

-7.69%

Earnings Growth (Qtr)

92.56%

Breaking Down AMSF Revenue

Last 7 days

1.8%

Last 30 days

-3.3%

Last 90 days

4.1%

Trailing 12 Months

-6.9%

How does AMSF drawdown profile look like?

AMSF Financial Health

AMSF Investor Care

Dividend Yield

2.78%

Dividend/Share (TTM)

1.36

Buy Backs (1Y)

0.11%

Diluted EPS (TTM)

3.23

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
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

Try For Just $1.99

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
Apr 15, 2024	EXCHANGE TRADED CONCEPTS, LLC	added	1.45	138,926	1,717,470	0.04%
Apr 09, 2024	MATHER GROUP, LLC.	new	-	2,573	2,573	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	sold off	-100	-889	-	-%
Apr 05, 2024	CWM, LLC	reduced	-4.79	20,000	943,000	-%
Apr 05, 2024	GAMMA Investing LLC	added	226	4,680	6,723	-%
Apr 03, 2024	Versant Capital Management, Inc	reduced	-2.3	194	4,264	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	added	26.94	28,623	182,489	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-781,092	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	1.95	-3,162,470	63,483,400	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	49.32	5,703,650	20,141,100	-%

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
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
Feb 21, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 06, 2024	SC 13G/A	Major Ownership 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	1.0T	1.2B	-0.52%	3147.63%	-4.8K	823.49	-25.27%	-3.53%
TRV	51.2B	41.4B	1.05%	30.35%	17.1	1.24	12.15%	5.24%
AIG	50.3B	46.8B	-3.20%	42.20%	13.8	1.07	-14.05%	-64.38%
AJG	50.2B	10.1B	-8.61%	13.86%	51.7	4.98	17.79%	-12.97%
AFL	46.4B	18.7B	-4.67%	20.82%	9.96	2.48	-2.30%	5.45%
ACGL	34.0B	13.6B	-1.08%	28.10%	7.65	2.49	41.83%	201.02%
AFG	10.6B	7.8B	-4.16%	4.79%	12.46	1.36	11.18%	-5.12%
MID-CAP
UNM	9.7B	12.4B	-3.30%	23.17%	7.52	0.78	3.35%	-8.77%
AIZ	8.9B	11.1B	-5.57%	43.72%	13.84	0.8	9.21%	132.28%
LNC	4.6B	11.6B	0.78%	24.49%	-6.16	0.4	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.36%	48.20%	20.81	1.55	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-7.13%	4.94%	-18.15	1.34	24.25%	-115.79%
AMSF	934.7M	306.9M	-3.32%	-6.88%	15.05	3.05	4.11%	11.70%
AMBC	642.7M	269.0M	-5.45%	-6.75%	142.82	2.39	-46.68%	-99.14%
AAME	41.8M	186.8M	-24.35%	-17.00%	-244.59	0.22	-0.56%	-111.21%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	10.3%	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	95.00
EBITDA Margin	-2.2%	0.26*	0.26*	0.27*	0.23*	0.24*	0.16*	0.19*	0.26*	0.26*	0.35*	0.35*	-	-	-	-	-	-	-	-	-	-
Income Taxes	101.4%	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	4.00
Earnings Before Taxes	94.3%	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	23.00
EBT Margin	-2.3%	0.25*	0.26*	0.26*	0.23*	0.23*	0.15*	0.19*	0.25*	0.25*	0.35*	0.35*	-	-	-	-	-	-	-	-	-	-
Net Income	92.6%	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	19.00
Net Income Margin	-2.6%	0.20*	0.21*	0.21*	0.19*	0.19*	0.13*	0.16*	0.21*	0.21*	0.28*	0.28*	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-15.1%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-5.2%	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	1,516
Cash Equivalents	-34.7%	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	40.00
Net PPE	-4.9%	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	6.00
Liabilities	-2.5%	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	1,106
Shareholder's Equity	-12.9%	292	336	341	333	317	373	385	395	399	480	468	448	439	482	463	437	430	469	449	430	410
Retained Earnings	-32.3%	114	169	165	156	146	207	202	202	190	270	257	238	225	269	251	232	227	266	249	236	221
Additional Paid-In Capital	0.1%	222	222	222	221	220	220	220	218	217	217	217	215	215	215	215	213	213	213	212	212	211
Shares Outstanding	-0.3%	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-22.7%	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	27,525
Share Based Compensation	-6.2%	441	470	430	216	967	671	850	-9.00	585	428	736	571	702	816	1,018	760	1,469	373	-56.00	565	991
Cashflow From Investing	90.2%	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	51,065
Cashflow From Financing	-1021.6%	-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	-71,570
Dividend Payments	1020.5%	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	71,570

AMSF Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues
Net premiums earned	$ 267,125	$ 271,698	$ 275,993
Net investment income	31,339	27,223	25,435
Net realized gains on investments	6,579	3,440	1,695
Net unrealized gains (losses) on equity securities	1,228	(8,092)	12,315
Fee and other income	582	468	496
Total revenues	306,853	294,737	315,934
Expenses
Loss and loss adjustment expenses incurred	148,263	152,316	160,798
Underwriting and certain other operating costs	27,508	24,039	24,813
Commissions	23,446	21,483	21,284
Salaries and benefits	27,359	26,510	25,954
Policyholder dividends	2,957	2,699	3,715
Provision for investment related credit loss expense (benefit)	(57)	44	(79)
Total expenses	229,476	227,091	236,485
Income before income taxes	77,377	67,646	79,449
Income tax expense	15,269	12,044	13,693
Net income	$ 62,108	$ 55,602	$ 65,756
Earnings per share
Basic	$ 3.24	$ 2.89	$ 3.40
Diluted	$ 3.23	$ 2.88	$ 3.39
Shares used in computing earnings per share
Basic	19,149,080	19,233,241	19,332,391
Diluted	19,226,021	19,321,717	19,408,619
Extraordinary cash dividends declared per common share	$ 3.50	$ 4.00	$ 4.00
Cash dividends declared per common share	$ 1.36	$ 1.24	$ 1.16

AMSF Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturity securities-held-to-maturity, at amortized cost net of allowance for credit losses of $182 and $239 in 2023 and 2022, respectively, (fair value $473,092 and $468,144 in 2023 and 2022, respectively)	$ 483,575	$ 491,688
Fixed maturity securities-available-for-sale, at fair value (amortized cost $24,309 and $19,824 in 2023 and 2022, respectively)	317,064	321,121
Equity securities, at fair value (cost $7,108 and $10,007 in 2023 and 2022, respectively)	57,147	62,058
Short-term investments		14,120
Total investments	857,786	888,987
Cash and cash equivalents	38,682	61,469
Amounts recoverable from reinsurers (net of allowance for credit losses of $360 and $372 in 2023 and 2022, respectively)	129,963	125,677
Premiums receivable (net of allowance for credit losses of $4,674 and $4,852 in 2023 and 2022, respectively)	132,861	121,713
Deferred income taxes	20,403	22,794
Accrued interest receivable	8,274	8,428
Property and equipment, net	6,349	7,225
Deferred policy acquisition costs	17,975	17,401
Federal income tax recoverable	1,781	1,453
Other assets	15,088	14,132
Total assets	1,229,162	1,269,279
Liabilities:
Reserves for loss and loss adjustment expenses	673,994	696,037
Unearned premiums	116,585	114,976
Amounts held for others	53,694	48,811
Policyholder deposits	34,522	36,312
Insurance-related assessments	16,896	17,653
Accounts payable and other liabilities	41,020	38,058
Total liabilities	936,711	951,847
Shareholders’ equity:
Common stock: voting-$0.01 par value authorized shares-50,000,000 in 2023 and 2022; 20,704,448 and 20,678,572 shares issued; and 19,135,008 and 19,155,873 shares outstanding in 2023 and 2022, respectively	207	207
Additional paid-in capital	222,078	220,299
Treasury stock, at cost (1,569,440 and 1,522,699 shares in 2023 and 2022, respectively)	(36,929)	(34,758)
Accumulated earnings	114,289	145,512
Accumulated other comprehensive loss, net	(7,194)	(13,828)
Total shareholders’ equity	292,451	317,432
Total liabilities and shareholders’ equity	$ 1,229,162	$ 1,269,279

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 Tue Apr 16 2024, market cap of AMERISAFE Inc is 934.75 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 Tue Apr 16 2024, AMSF's PE ratio (Price to Earnings) is 15.05 and Price to Sales (PS) ratio is 3.05. 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 0.073 (multiply by 100 for percentage) rate of return.