Headlines about AmTrust Financial Services (NASDAQ:AFSI) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AmTrust Financial Services earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave news headlines about the insurance provider an impact score of 46.3965892300174 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s rankings:
AFSI has been the subject of several recent analyst reports. ValuEngine downgraded shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. JMP Securities downgraded shares of AmTrust Financial Services from an “outperform” rating to a “market perform” rating in a research note on Monday. B. Riley restated a “neutral” rating and issued a $12.00 target price on shares of AmTrust Financial Services in a research note on Monday, November 6th. Zacks Investment Research downgraded shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research note on Wednesday, October 18th. Finally, BidaskClub downgraded shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research note on Friday, August 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $16.33.
Shares of AmTrust Financial Services (NASDAQ AFSI) opened at $9.11 on Friday. AmTrust Financial Services has a one year low of $8.91 and a one year high of $28.48. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.46. The company has a market cap of $1,790.00, a price-to-earnings ratio of 8.54 and a beta of 1.18.
AmTrust Financial Services (NASDAQ:AFSI) last posted its quarterly earnings data on Wednesday, November 8th. The insurance provider reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.37). AmTrust Financial Services had a return on equity of 9.07% and a net margin of 0.49%. The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm posted $0.47 earnings per share. The company’s quarterly revenue was up 4.3% on a year-over-year basis. research analysts predict that AmTrust Financial Services will post 0.94 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, December 29th. This represents a $0.68 annualized dividend and a dividend yield of 7.46%. AmTrust Financial Services’s payout ratio is currently -212.50%.
In other AmTrust Financial Services news, SVP Ariel Gorelik bought 2,962 shares of AmTrust Financial Services stock in a transaction that occurred on Wednesday, November 15th. The stock was purchased at an average price of $9.33 per share, with a total value of $27,635.46. Following the completion of the acquisition, the senior vice president now directly owns 5,977 shares in the company, valued at approximately $55,765.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 50.80% of the company’s stock.
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About AmTrust Financial Services
Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers’ compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.
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