Headlines about AmTrust Financial Services (NASDAQ:AFSI) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AmTrust Financial Services earned a news impact score of 0.11 on Accern’s scale. Accern also gave headlines about the insurance provider an impact score of 45.9659776157086 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- AmTrust Financial Services, Inc. (New York) : AFSI-US: Dividend Analysis : January 02nd, 2018 (record date) : By the numbers : January 2, 2018 (finance.yahoo.com)
- ETFs with exposure to AmTrust Financial Services, Inc. (New York) : January 1, 2018 (finance.yahoo.com)
- AmTrust Financial Services (AFSI) Rating Lowered to Market Perform at JMP Securities (americanbankingnews.com)
- AmTrust Financial Services, Inc. (AFSI) Swing on Under Technical Analysis’ Limelight – Wallstreet Investorplace (wallstreetinvestorplace.com)
- AmTrust Financial Services, Inc. (NASDAQ:AFSI) – Eye-Catching Shares – Nasdaq Journal (press release) (nasdaqjournal.com)
Shares of AmTrust Financial Services (NASDAQ AFSI) traded up $0.40 on Tuesday, hitting $10.47. The stock had a trading volume of 1,197,057 shares, compared to its average volume of 1,448,150. AmTrust Financial Services has a fifty-two week low of $8.80 and a fifty-two week high of $27.93. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market cap of $1,973.99, a PE ratio of -65.43 and a beta of 1.12.
AmTrust Financial Services (NASDAQ:AFSI) last issued its earnings results on Wednesday, November 8th. The insurance provider reported ($0.04) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.33 by ($0.37). The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.29 billion. AmTrust Financial Services had a return on equity of 9.07% and a net margin of 0.49%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 earnings per share. analysts anticipate that AmTrust Financial Services will post 0.94 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd will be given a dividend of $0.17 per share. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.68 dividend on an annualized basis and a yield of 6.49%. AmTrust Financial Services’s dividend payout ratio (DPR) is presently -424.97%.
AFSI has been the subject of several recent analyst reports. SunTrust Banks reiterated a “buy” rating and set a $16.00 price target on shares of AmTrust Financial Services in a research note on Friday, November 10th. Zacks Investment Research raised AmTrust Financial Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. ValuEngine cut AmTrust Financial Services from a “buy” rating to a “hold” rating in a research report on Sunday. Keefe, Bruyette & Woods reissued a “hold” rating and set a $10.00 price objective on shares of AmTrust Financial Services in a research report on Wednesday, December 6th. Finally, JMP Securities cut AmTrust Financial Services from an “outperform” rating to a “market perform” rating in a report on Monday, November 13th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. AmTrust Financial Services presently has an average rating of “Hold” and an average price target of $15.33.
In other AmTrust Financial Services news, SVP Ariel Gorelik purchased 2,962 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average cost of $9.33 per share, for a total transaction of $27,635.46. Following the transaction, the senior vice president now directly owns 5,977 shares in the company, valued at $55,765.41. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 50.80% of the stock is owned by corporate insiders.
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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