AMERISAFE (NASDAQ:AMSF) Given New $34.00 Price Target at Truist Financial

AMERISAFE (NASDAQ:AMSF) had its target price reduced by Truist Financial from $36.00 to $34.00 in a research report report published on Thursday morning, MarketBeat reports. They currently have a hold rating on the insurance provider’s stock.

Several other equities analysts have also recently issued reports on AMSF. Morgan Stanley set a $55.00 price objective on AMERISAFE in a report on Friday, January 16th. Citizens Jmp reduced their price target on AMERISAFE from $50.00 to $45.00 and set a “market outperform” rating for the company in a research report on Monday, April 13th. Citigroup reissued a “market outperform” rating on shares of AMERISAFE in a report on Friday, January 16th. Wall Street Zen lowered AMERISAFE from a “hold” rating to a “sell” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings cut shares of AMERISAFE from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $44.67.

AMERISAFE Trading Up 3.8%

Shares of NASDAQ:AMSF opened at $31.09 on Thursday. AMERISAFE has a twelve month low of $29.45 and a twelve month high of $50.07. The company’s 50 day moving average is $34.01 and its 200 day moving average is $37.55. The company has a market cap of $584.49 million, a PE ratio of 12.79 and a beta of 0.31.

AMERISAFE (NASDAQ:AMSF) last posted its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.02). AMERISAFE had a return on equity of 15.34% and a net margin of 14.27%.The business had revenue of $80.09 million for the quarter, compared to analysts’ expectations of $90.49 million. Equities research analysts predict that AMERISAFE will post 2.13 earnings per share for the current fiscal year.

AMERISAFE Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 12th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, June 12th. AMERISAFE’s dividend payout ratio is presently 66.40%.

Hedge Funds Weigh In On AMERISAFE

Several institutional investors and hedge funds have recently modified their holdings of AMSF. AQR Capital Management LLC boosted its position in AMERISAFE by 5.1% during the first quarter. AQR Capital Management LLC now owns 83,478 shares of the insurance provider’s stock worth $4,387,000 after purchasing an additional 4,050 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of AMERISAFE by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,313 shares of the insurance provider’s stock worth $594,000 after buying an additional 471 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of AMERISAFE by 82.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 217,280 shares of the insurance provider’s stock worth $11,418,000 after buying an additional 98,293 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of AMERISAFE by 8.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 43,118 shares of the insurance provider’s stock valued at $2,266,000 after buying an additional 3,435 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of AMERISAFE by 106.8% during the 1st quarter. Jane Street Group LLC now owns 29,176 shares of the insurance provider’s stock valued at $1,533,000 after buying an additional 15,070 shares in the last quarter. Hedge funds and other institutional investors own 97.41% of the company’s stock.

AMERISAFE News Summary

Here are the key news stories impacting AMERISAFE this week:

• Positive Sentiment: Company declared a sizable quarterly dividend of $0.41 per share (annualized yield ~5.5%), supporting income investors and providing a near-term cash-return floor under the stock. Dividend Press Release
• Positive Sentiment: Company reported strong premium growth and rising revenues per earnings-call highlights, which suggests top-line momentum that could improve future underwriting leverage if expense trends stabilize. Q1 Earnings Call Highlights
• Neutral Sentiment: Full Q1 earnings call transcript is available for investors wanting detail on underwriting trends, reserve development and management commentary (useful for modeling but not market-moving by itself). Earnings Call Transcript
• Negative Sentiment: Q1 results missed on both EPS and revenue: EPS around $0.50 vs. consensus ~ $0.52 and revenue below expectations — management cited higher costs and soft underwriting margins, which pressure near-term profitability. Zacks: Earnings Miss
• Negative Sentiment: Analyst reaction: Truist lowered its price target from $36 to $34 and maintained a “hold” rating — a modest downward revision that signals caution on near-term earnings leverage. Truist Price Target Cut
• Negative Sentiment: Institutional and insider activity is mixed but includes large portfolio reductions by some holders (notably Auto-Owners) and insider sales, which can amplify downside if selling continues. QuiverQuant: Institutional/Insider Activity

About AMERISAFE

Amerisafe, Inc (NASDAQ: AMSF) is a specialty provider of workers’ compensation insurance products and services in the United States. The company focuses on underwriting and managing workers’ compensation policies for small to mid-sized public and private businesses, particularly in higher-hazard industries such as retail, manufacturing, distribution and wholesale. Through its network of independent agents, Amerisafe delivers tailored coverage solutions that combine robust risk management support with loss prevention programs designed to enhance workplace safety.

In addition to core insurance offerings, Amerisafe provides extensive risk control resources, including safety training, on-site consultations and claims management services.