Media stories about Amerisafe (NASDAQ:AMSF) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Amerisafe earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.7690202561652 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Amerisafe, Inc. (AMSF) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- Amerisafe (AMSF) Rating Lowered to Sell at BidaskClub (americanbankingnews.com)
- Amerisafe, Inc. (AMSF) EVP Vincent J. Gagliano Sells 820 Shares (americanbankingnews.com)
- G. Janelle Frost Sells 1,421 Shares of Amerisafe, Inc. (AMSF) Stock (americanbankingnews.com)
Shares of Amerisafe (AMSF) traded down $0.75 during trading hours on Wednesday, hitting $55.65. The company’s stock had a trading volume of 172,990 shares, compared to its average volume of 84,362. Amerisafe has a 12 month low of $51.20 and a 12 month high of $67.82. The firm has a market capitalization of $1,093.17, a PE ratio of 23.19 and a beta of 0.86.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. Stockholders of record on Friday, March 9th will be paid a $0.22 dividend. This is a positive change from Amerisafe’s previous quarterly dividend of $0.20. This represents a $0.88 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Thursday, March 8th. Amerisafe’s dividend payout ratio is currently 36.67%.
AMSF has been the topic of several research analyst reports. BidaskClub cut Amerisafe from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Boenning Scattergood restated a “hold” rating on shares of Amerisafe in a report on Tuesday, February 27th. ValuEngine upgraded Amerisafe from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, Zacks Investment Research downgraded Amerisafe from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 6th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $66.00.
In other news, CEO G. Janelle Frost sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $55.53, for a total value of $416,475.00. Following the transaction, the chief executive officer now directly owns 69,322 shares of the company’s stock, valued at approximately $3,849,450.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathryn Housh Shirley sold 691 shares of the business’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $55.52, for a total value of $38,364.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,432 shares of company stock worth $578,872. Corporate insiders own 2.20% of the company’s stock.
COPYRIGHT VIOLATION WARNING: “Amerisafe (NASDAQ:AMSF) Earns Daily News Impact Score of 0.15” was posted by BBNS and is the property of of BBNS. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://baseballnewssource.com/2018/03/14/amerisafe-amsf-receives-daily-news-sentiment-rating-of-0-15/1973329.html.
Amerisafe Company Profile
Amerisafe, Inc is an insurance holding company. The Company is engaged in providing workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, manufacturing, and agriculture. It is engaged in underwriting the workers’ compensation exposures inherent in these industries.
Receive News & Ratings for Amerisafe Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisafe and related companies with MarketBeat.com's FREE daily email newsletter.