AMERISAFE (AMSF) Projected to Post Earnings on Wednesday

AMERISAFE (NASDAQ:AMSF) is expected to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect AMERISAFE to post earnings of $0.60 per share and revenue of $77.37 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

AMERISAFE Price Performance

AMERISAFE stock opened at $49.63 on Wednesday. The company has a market capitalization of $945.45 million, a price-to-earnings ratio of 15.51 and a beta of 0.35. AMERISAFE has a 12-month low of $41.97 and a 12-month high of $60.24. The firm’s fifty day moving average price is $51.05 and its 200 day moving average price is $51.50.

Analyst Ratings Changes

Separately, Truist Financial raised their price objective on shares of AMERISAFE from $48.00 to $54.00 and gave the stock a “hold” rating in a report on Friday, October 25th.

AMERISAFE Company Profile

AMERISAFE, Inc, an insurance holding company, underwrites workers’ compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It sells its products through retail and wholesale brokers and agents; and small and mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime.