DOWLING & PARTN Decreases Earnings Estimates for AMERISAFE

AMERISAFE, Inc. (NASDAQ:AMSF) – Equities researchers at DOWLING & PARTN cut their FY2026 earnings per share (EPS) estimates for shares of AMERISAFE in a report issued on Wednesday, November 4th. DOWLING & PARTN analyst P. Christensen now anticipates that the insurance provider will post earnings of $1.95 per share for the year, down from their previous forecast of $2.05. The consensus estimate for AMERISAFE’s current full-year earnings is $1.92 per share. DOWLING & PARTN also issued estimates for AMERISAFE’s FY2027 earnings at $1.90 EPS and FY2028 earnings at $1.70 EPS.

AMSF has been the topic of several other reports. Morgan Stanley set a $40.00 price target on shares of AMERISAFE in a research report on Monday, October 12th. Citizens Jmp decreased their target price on AMERISAFE from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research report on Thursday, October 29th. Wall Street Zen raised AMERISAFE from a “sell” rating to a “hold” rating in a research report on Saturday, October 31st. Zacks Research upgraded AMERISAFE from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Finally, Truist Financial cut their price target on AMERISAFE from $27.00 to $25.00 and set a “hold” rating for the company in a report on Friday, October 30th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $33.33.

AMERISAFE Trading Down 0.7%

Shares of AMERISAFE stock opened at $20.34 on Thursday. AMERISAFE has a 1 year low of $20.13 and a 1 year high of $42.10. The company’s fifty day simple moving average is $24.56 and its 200-day simple moving average is $30.72. The company has a market cap of $376.96 million, a price-to-earnings ratio of 9.46 and a beta of 0.23.

AMERISAFE (NASDAQ:AMSF) last issued its quarterly earnings results on Wednesday, October 28th. The insurance provider reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.08). AMERISAFE had a return on equity of 14.15% and a net margin of 12.10%. The business had revenue of $79.81 million for the quarter, compared to analyst estimates of $84.72 million.

Hedge Funds Weigh In On AMERISAFE

Hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC boosted its position in shares of AMERISAFE by 1,405.0% during the 3rd quarter. Parallel Advisors LLC now owns 2,709 shares of the insurance provider’s stock valued at $64,000 after acquiring an additional 2,529 shares in the last quarter. CenterBook Partners LP bought a new stake in AMERISAFE in the third quarter valued at about $477,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in AMERISAFE in the third quarter worth about $417,000. Isthmus Partners LLC raised its position in AMERISAFE by 28.1% in the third quarter. Isthmus Partners LLC now owns 136,969 shares of the insurance provider’s stock worth $3,237,000 after purchasing an additional 30,083 shares in the last quarter. Finally, Counterpoint Mutual Funds LLC bought a new position in AMERISAFE during the third quarter worth about $431,000. 97.41% of the stock is owned by institutional investors.

AMERISAFE Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, December 4th will be paid a $0.41 dividend. The ex-dividend date is Friday, December 4th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 8.1%. AMERISAFE’s dividend payout ratio is currently 76.28%.

AMERISAFE Company Profile

AMERISAFE, Inc is a specialty workers’ compensation insurance company serving small and midsized businesses. The company focuses on employers in industries with elevated workplace risks, including construction, trucking, logging, agriculture, manufacturing, and maritime operations.

Through its insurance subsidiaries, AMERISAFE provides workers’ compensation coverage designed to protect businesses from costs associated with workplace injuries and occupational illnesses. Its services also include workplace safety and loss-control support, claims management, medical cost containment, and premium audit services.

Headquartered in DeRidder, Louisiana, AMERISAFE primarily serves employers in the southeastern and south-central United States.