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 that are interested in registering for the company’s earnings conference call can do so using this link.

AMERISAFE Trading Up 0.3 %

Shares of AMSF stock opened at $49.63 on Wednesday. The company’s fifty day simple moving average is $51.05 and its 200-day simple moving average is $51.50. AMERISAFE has a 52 week low of $41.97 and a 52 week high of $60.24. The company has a market cap of $945.45 million, a PE ratio of 15.51 and a beta of 0.35.

Analyst Upgrades and Downgrades

Separately, Truist Financial raised their target price on shares of AMERISAFE from $48.00 to $54.00 and gave the company a “hold” rating in a research note 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.