Recent Research Analysts’ Ratings Updates for AmTrust Financial Services (AFSI)

AmTrust Financial Services (NASDAQ: AFSI) has recently received a number of price target changes and ratings updates:

  • 3/6/2018 – AmTrust Financial Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AmTrust has agreed to go private as Evergreen Parent will buy 45% of the company’s stake which Karfunkel-Zyskind Family does not own presently for $2.7 billion. This acquisition will help AmTrust focus on long term growth objective rather than on short term results given it is becoming a private company. AmTrust’s leadership position in commercial small business, expansion of other segments and an impressive inorganic growth story poise it well for growth. The company also aims to build an investment portfolio that returns in line with the sector. The slow but improving rate environment also raises optimism. Plus, a strong balance sheet facilitates growth initiatives and effective capital deployment. Shares of the company outperformed industry yea to date. However, a high level of debt increases interest burden and escalates expenses, thereby hurting margin. Exposure to cat environment induced volatility in underwriting results.”
  • 3/1/2018 – AmTrust Financial Services was downgraded by analysts at SunTrust Banks, Inc. from a “buy” rating to a “hold” rating.
  • 3/1/2018 – AmTrust Financial Services was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 2/26/2018 – AmTrust Financial Services was downgraded by analysts at Compass Point from a “buy” rating to a “neutral” rating. They now have a $15.00 price target on the stock.
  • 2/24/2018 – AmTrust Financial Services was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 2/20/2018 – AmTrust Financial Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $15.00 price target on the stock. According to Zacks, “Shares of AmTrust Financial have outperformed the industry year to date. AmTrust Financial’s leadership position in commercial small business, expansion of other segments and an impressive inorganic growth story poise it well for growth. The company also aims to build an investment portfolio that returns in line with the sector. The slow but improving rate environment also raises optimism. Plus, a strong balance sheet facilitates growth initiatives and effective capital deployment. Also, the company saw its 2018 estimate moving north by nearly 5.2% in the last 60 days. However, a high level of debt increases interest burden and escalates expenses, thereby hurting margin. Exposure to cat environment induced volatility in underwriting results.  AmTrust Financial will report fourth quarter results on Feb 26. Our proven model states that the company will deliver positive surprise given its Zacks Rank #2 and Earnings ESP of 15.07%”
  • 2/19/2018 – AmTrust Financial Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AmTrust Financial’s leadership position in commercial small business, expansion of other segments and an impressive inorganic growth story poise it well for growth. The company also aims to build an investment portfolio that returns in line with the sector. The slow but improving rate environment also raises optimism. Plus, a strong balance sheet facilitates growth initiatives and effective capital deployment. Also, the company saw its 2018 estimate moving north by nearly 5.2% in the last 60 days. However, a high level of debt increases interest burden and escalates expenses, thereby hurting margin. Exposure to cat environment induced volatility in underwriting results. Shares of AmTrust Financial have underperformed the industry in a year's time.”
  • 2/13/2018 – AmTrust Financial Services was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 2/13/2018 – AmTrust Financial Services was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “AmTrust Financial’s leadership position in commercial small business, expansion of other segments and an impressive inorganic growth story poise it well for growth. The company also aims to build an investment portfolio that returns in line with the sector. The slow but improving rate environment also raises optimism. Plus, a strong balance sheet facilitates growth initiatives and effective capital deployment. The company also witnessed the Zacks Consensus Estimate for 2018 moved 5.2% north over the last 60 days. However, a high level of debt increases interest burden and escalates expenses, thereby hurting margin. Exposure to cat environment induced volatility in underwriting results. Shares of AmTrust Financial have underperformed the industry in a year's time.”
  • 2/12/2018 – AmTrust Financial Services was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “AmTrust Financial’s leadership position in commercial small business, expansion of other segments and an impressive inorganic growth story poise it well for growth. The company also aims to build an investment portfolio that returns in line with the sector. The slow but improving rate environment also raises optimism. Plus, a strong balance sheet facilitates growth initiatives and effective capital deployment. The company also witnessed the Zacks Consensus Estimate for 2018 moved 5.2% north over the last 60 days. However, a high level of debt increases interest burden and escalates expenses, thereby hurting margin. Exposure to cat environment induced volatility in underwriting results. Shares of AmTrust Financial have underperformed the industry in a year's time.”
  • 2/2/2018 – AmTrust Financial Services was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

Shares of AmTrust Financial Services Inc (NASDAQ AFSI) traded up $0.01 during midday trading on Friday, hitting $12.51. The company had a trading volume of 2,332,336 shares, compared to its average volume of 1,814,451. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46. The stock has a market cap of $2,474.68, a PE ratio of -78.18 and a beta of 1.35. AmTrust Financial Services Inc has a 1 year low of $8.80 and a 1 year high of $22.63.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Investors of record on Monday, April 2nd will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend is Thursday, March 29th. AmTrust Financial Services’s dividend payout ratio (DPR) is currently -424.97%.

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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