AMERISAFE Inc

Company Profile

AMERISAFE Inc had its IPO on 2005-11-18 under the ticker symbol AMSF.

The company operates in the Financial Services sector and Insurance-Specialty industry. AMERISAFE Inc has a staff strength of 354 employees.

Stock update

Shares of AMERISAFE Inc opened at $51.25 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $50.34 - $51.58, and closed at $50.38.

This is a -2.27% slip from the previous day's closing price.

A total volume of 60,238 shares were traded at the close of the day’s session.

In the last one week, shares of AMERISAFE Inc have slipped by -3.11%.

AMERISAFE Inc's Key Ratios

AMERISAFE Inc has a market cap of $1.01 billion, indicating a price to book ratio of 2.5887 and a price to sales ratio of 3.2998.

In the last 12-months AMERISAFE Inc’s revenue was $294.69 million with a gross profit of $94.36 million and an EBITDA of $68.96 million. The EBITDA ratio measures AMERISAFE Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, AMERISAFE Inc’s operating margin was 22.96% while its return on assets stood at 3.16% with a return of equity of 15.52%.

In Q4, AMERISAFE Inc’s quarterly earnings growth was a positive 494.3% while revenue growth was a positive 1.8%.

AMERISAFE Inc’s PE and PEG Ratio

Forward PE

19.4175

Trailing PE

18.3194

PEG

1.88

Its diluted EPS in the last 12-months stands at $2.88 per share while it has a forward price to earnings multiple of 19.4175 and a PEG multiple of 1.88. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into AMERISAFE Inc’s profitability.

AMERISAFE Inc stock is trading at a EV to sales ratio of 2.9825 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.2998.

AMERISAFE Inc stock pays annual dividends of $1.24 per share, indicating a yield of 2.55% and a payout ratio of 1.72%.

Balance sheet and cash flow metrics

Total Assets

$1.27 billion

Total Liabilities

$0

Operating Cash Flow

$61.04 million

Capital Expenditure

$217000

Dividend Payout Ratio

1.72%

AMERISAFE Inc ended 2024 with $1.27 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.27 billion while shareholder equity stood at $317.43 million.

AMERISAFE Inc ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, 207000.00 in common stock, $145.51 million in retained earnings and $0 in goodwill. Its cash balance stood at $61.47 million and cash and short-term investments were $396.71 million. The company’s total short-term debt was $0 while long-term debt stood at $48.81 million.

AMERISAFE Inc’s total current assets stands at $310.31 million while long-term investments were $897.42 million and short-term investments were $335.24 million. Its net receivables were $257.27 million compared to accounts payable of $38.06 million and inventory worth $0.

In 2024, AMERISAFE Inc's operating cash flow was $61.04 million while its capital expenditure stood at $217000.

Comparatively, AMERISAFE Inc paid $0.02 in dividends in 2024.

Other key metrics

Current Trading Price

$50.38

52-Week High

$56.85

52-Week Low

$41.2078

Analyst Target Price

$57.67

AMERISAFE Inc stock is currently trading at $50.38 per share. It touched a 52-week high of $56.85 and a 52-week low of $56.85. Analysts tracking the stock have a 12-month average target price of $57.67.

Its 50-day moving average was $52.51 and 200-day moving average was $52.15 The short ratio stood at 1.97 indicating a short percent outstanding of 0%.

Around 205.1% of the company’s stock are held by insiders while 9767% are held by institutions.