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AMERISAFE, Inc. logo

AMERISAFE, Inc.

AMSF

NASDAQFinancial ServicesInsurance - Specialty

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Regular session

$26.50

+$0.49 · +1.88%

Aug 24, 11:17 AM ET

AMSF company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

73

Undervalued

Momentum

40

Weakening

Sentiment

64

Bullish

Risk resilience

65

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Operating as an insurance holding company, AMERISAFE, Inc. specializes in providing workers' compensation coverage across the United States. Its policies offer crucial financial protection to injured employees, addressing costs related to temporary or permanent disability, death benefits, and medical and hospital expenses. The firm primarily serves small to medium-sized businesses operating in high-risk industries, including but not limited to construction, trucking, forestry, agriculture, manufacturing, telecommunications, and maritime sectors. AMERISAFE, Inc. was established in 1985 and is headquartered in DeRidder, Louisiana.

Industry
Insurance - Specialty
Sector
Financial Services
Headquarters
US
CEO
Gerry Janelle Frost
Listed since
Nov 18, 2005
Employees
362

Market position

Day range

Current $26.50

52-week range

Current $26.50

Open
$26.19
Previous close
$26.01
Volume
51K
0.18× average
Average volume
278.37K
Average daily volume
Market cap
495.65M USD
Beta
0.28
Market reference 1
50-day average
$31.1668
-14.97% below average
200-day average
$34.4412
-23.06% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
667.08M USD
P/E (TTM)
10.6×
P/B (TTM)
1.98×
P/S (TTM)
1.48×
EV / EBITDA
11.19×
Earnings yield
6.47%
Free cash flow yield
1.22%
Dividend yield
9.81%

Profitability & efficiency

Gross margin
25.83%
Operating margin
8.99%
Net margin
14.00%
Return on equity
18.74%
Return on assets
4.17%
Return on invested capital
10.97%

Financial health

Debt / equity
0×
Current ratio
0.61×
Altman Z-score
0.27
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends53%39%25%11%Gross margin, FY2021: 49.12%Gross margin, FY2022: 48.31%Gross margin, FY2023: 44.05%Gross margin, FY2024: 41.44%Gross margin, FY2025: 46.43%Operating margin, FY2021: 25.14%Operating margin, FY2022: 22.95%Operating margin, FY2023: 25.21%Operating margin, FY2024: 22.34%Operating margin, FY2025: 18.55%Net margin, FY2021: 20.81%Net margin, FY2022: 18.87%Net margin, FY2023: 20.24%Net margin, FY2024: 17.93%Net margin, FY2025: 14.86%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.12%. Gross margin FY2022 48.31%. Gross margin FY2023 44.05%. Gross margin FY2024 41.44%. Gross margin FY2025 46.43%. Operating margin FY2021 25.14%. Operating margin FY2022 22.95%. Operating margin FY2023 25.21%. Operating margin FY2024 22.34%. Operating margin FY2025 18.55%. Net margin FY2021 20.81%. Net margin FY2022 18.87%. Net margin FY2023 20.24%. Net margin FY2024 17.93%. Net margin FY2025 14.86%.

Income trends

Revenue

317.25M USD+2.63%

Operating income

58.85M USD-14.78%

Net income

47.15M USD-14.96%
Income trends across reported periods344.26M USD236.22M USD128.18M USD20.13M USDRevenue, FY2021: 316.01M USDRevenue, FY2022: 294.69M USDRevenue, FY2023: 306.91M USDRevenue, FY2024: 309.11M USDRevenue, FY2025: 317.25M USDOperating income, FY2021: 79.45M USDOperating income, FY2022: 67.65M USDOperating income, FY2023: 77.38M USDOperating income, FY2024: 69.06M USDOperating income, FY2025: 58.85M USDNet income, FY2021: 65.76M USDNet income, FY2022: 55.6M USDNet income, FY2023: 62.11M USDNet income, FY2024: 55.44M USDNet income, FY2025: 47.15M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 316.01M USD. Revenue FY2022 294.69M USD. Revenue FY2023 306.91M USD. Revenue FY2024 309.11M USD. Revenue FY2025 317.25M USD. Operating income FY2021 79.45M USD. Operating income FY2022 67.65M USD. Operating income FY2023 77.38M USD. Operating income FY2024 69.06M USD. Operating income FY2025 58.85M USD. Net income FY2021 65.76M USD. Net income FY2022 55.6M USD. Net income FY2023 62.11M USD. Net income FY2024 55.44M USD. Net income FY2025 47.15M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue317.25M USD309.11M USD306.91M USD294.69M USD316.01M USD
Cost of goods sold169.94M USD181.02M USD171.71M USD152.32M USD160.8M USD
Gross profit147.32M USD128.09M USD135.2M USD142.38M USD155.22M USD
Selling, general, and administrative—31.5M USD27.36M USD26.51M USD25.95M USD
Operating expenses88.46M USD59.04M USD57.82M USD74.73M USD75.77M USD
Depreciation and amortization742K USD1.09M USD1.43M USD1.31M USD1.02M USD
Operating income58.85M USD69.06M USD77.38M USD67.65M USD79.45M USD
Net income47.15M USD55.44M USD62.11M USD55.6M USD65.76M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 6 misses, 2 met estimates
Average EPS surprise
-2.61%
11 comparable reports
Latest EPS result
0.44
Estimate 0.52 · Miss by 14.89%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.710.610.50.4Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MetQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 0.67, estimate 0.6, surprise +11.67%, Beat. Q2 2025, reported Apr 29, 2025: actual 0.6, estimate 0.59, surprise +1.69%, Beat. Q3 2025, reported Jul 24, 2025: actual 0.53, estimate 0.55, surprise -3.64%, Miss. Q4 2025, reported Oct 29, 2025: actual 0.55, estimate 0.55, surprise 0.00%, Met estimate. Q1 2026, reported Feb 25, 2026: actual 0.51, estimate 0.57, surprise -10.53%, Miss. Q2 2026, reported Apr 22, 2026: actual 0.5, estimate 0.543, surprise -7.92%, Miss. Q3 2026, reported Jul 21, 2026: actual 0.44, estimate 0.517, surprise -14.89%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.47, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates94.11M83.9M73.69M63.47MQ1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 26, 2025: actual 74.05M USD, estimate 77.37M USD, surprise -4.29%, Miss. Q2 2025, reported Apr 29, 2025: actual 72.6M USD, estimate 76.78M USD, surprise -5.45%, Miss. Q3 2025, reported Jul 24, 2025: actual 81.09M USD, estimate 78.1M USD, surprise +3.82%, Beat. Q4 2025, reported Oct 29, 2025: actual 81.98M USD, estimate 80.05M USD, surprise +2.41%, Beat. Q1 2026, reported Feb 25, 2026: actual 70.06M USD, estimate 67.09M USD, surprise +4.42%, Beat. Q2 2026, reported Apr 22, 2026: actual 88.5M USD, estimate 90.49M USD, surprise -2.20%, Miss. Q3 2026, reported Jul 21, 2026: actual 85.97M USD, estimate 85.09M USD, surprise +1.03%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 84.72M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$32.00

20.75% upside
Past 12 months12-month forecastHigh $32.00Average $32.00Low $32.00

Rating distribution

6 ratings
Strong buy00%
Buy350%
Hold350%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions

AMSF news

zacks.com

Why Is Amerisafe (AMSF) Down 16% Since Last Earnings Report?

Amerisafe (AMSF) reported earnings 30 days ago. What's next for the stock?

Read source
defenseworld.net

Dimensional Fund Advisors LP Sells 25,295 Shares of AMERISAFE, Inc. $AMSF

Dimensional Fund Advisors LP lessened its holdings in AMERISAFE, Inc. (NASDAQ: AMSF) by 5.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund…

Read source
defenseworld.net

AMERISAFE Q2 Earnings Call Highlights

AMERISAFE (NASDAQ: AMSF) reported higher second-quarter premiums and continued policy growth, while executives said the workers' compensation insurer is navigating a profitable but increasingly competitive market marked…

Read source
gurufocus.com

A Look at AMERISAFE Inc (AMSF) After 8.3% Decline -- GF Value $39.74 vs Price $31.15

On July 22, 2026, AMERISAFE Inc (AMSF) shares fell 8.3% to a current price of $31.15. This decline comes amid a challenging performance period for the stock, wh

Read source
seekingalpha.com

AMERISAFE, Inc. (AMSF) Q2 2026 Earnings Call Transcript

AMERISAFE, Inc. (AMSF) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

AMERISAFE Q2 Earnings Call Highlights

AMERISAFE NASDAQ: AMSF reported higher second-quarter premiums and continued policy growth, while executives said the workers' compensation insurer is navigating a profitable but increasingly competitive market marked by…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.56

2025 complete year-50.4% since 2021

2026 partial: $0.82

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 11, 2026

$0.41

Quarterly

Record Sep 11, 2026 · Payment Sep 25, 2026

Dividend

Ex-dividend Jun 12, 2026

$0.41

Quarterly

Record Jun 12, 2026 · Payment Jun 19, 2026

Dividend

Ex-dividend Mar 13, 2026

$0.41

Semi-Annual

Record Mar 13, 2026 · Payment Mar 20, 2026

Dividend

Ex-dividend Dec 5, 2025

$1.39

Special

Record Dec 5, 2025 · Payment Dec 12, 2025

Dividend

Ex-dividend Sep 12, 2025

$0.39

Quarterly

Record Sep 12, 2025 · Payment Sep 26, 2025

Dividend

Ex-dividend Jun 13, 2025

$0.39

Quarterly

Record Jun 13, 2025 · Payment Jun 20, 2025

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ETFs holding AMSF

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
30.05M
Weight
0.03%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$146.78-0.36%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
17.07M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$376.77-0.39%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
14.07M
Weight
0.02%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.27-0.56%
Schwab U.S. Dividend Equity ETF logoSchwab U.S. Dividend Equity ETFSCHD
Market value
13.41M
Weight
0.01%
AUM
112B USD
Expense ratio
0.06%
Price / 1D
$35.13+0.06%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
6.27M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.63-0.77%
ProShares - Russell 2000 Dividend Growers ETF logoProShares - Russell 2000 Dividend Growers ETFSMDV
Market value
5.9M
Weight
0.79%
AUM
748.06M USD
Expense ratio
0.40%
Price / 1D
$77.17+0.30%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
4.91M
Weight
0.03%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.37-0.20%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
4.48M
Weight
0.03%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.075-0.36%

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