AmTrust Financial Services (AFSI) Given Daily News Sentiment Rating of 0.15
News articles about AmTrust Financial Services (NASDAQ:AFSI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. AmTrust Financial Services earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the insurance provider an impact score of 47.8356483689124 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Short Interest in AmTrust Financial Services, Inc. (AFSI) Drops By 12.8% (americanbankingnews.com)
- AmTrust Financial Services Inc (NASDAQ:AFSI) Long Term Shareholder Notice: Investigation (sbwire.com)
- Q3 2018 Earnings Forecast for AmTrust Financial Services, Inc. Issued By William Blair (AFSI) (americanbankingnews.com)
- Q3 2017 Earnings Forecast for AmTrust Financial Services, Inc. (NASDAQ:AFSI) Issued By SunTrust Banks (americanbankingnews.com)
- AmTrust Financial Services beats by $0.04, beats on net earned premium (seekingalpha.com)
A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $16.00 price target on shares of AmTrust Financial Services in a research note on Tuesday, May 2nd. BidaskClub raised AmTrust Financial Services from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. ValuEngine downgraded AmTrust Financial Services from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. TheStreet downgraded AmTrust Financial Services from a “b-” rating to a “c” rating in a research note on Monday, May 1st. Finally, Compass Point reissued a “buy” rating and issued a $22.00 price target (down previously from $26.00) on shares of AmTrust Financial Services in a research note on Tuesday, May 30th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $19.50.
Shares of AmTrust Financial Services (NASDAQ AFSI) traded up 1.88% during mid-day trading on Friday, reaching $14.08. The company had a trading volume of 1,201,106 shares. AmTrust Financial Services has a one year low of $11.80 and a one year high of $28.48. The stock has a 50 day moving average of $15.32 and a 200-day moving average of $17.92. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 13.68 and a beta of 1.16.
AmTrust Financial Services (NASDAQ:AFSI) last posted its quarterly earnings data on Tuesday, August 8th. The insurance provider reported $0.40 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.04. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.38 billion. AmTrust Financial Services had a negative net margin of 2.49% and a positive return on equity of 0.91%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $0.77 EPS. Equities analysts predict that AmTrust Financial Services will post $1.42 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Monday, October 2nd will be given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 4.83%. The ex-dividend date is Friday, September 29th. AmTrust Financial Services’s dividend payout ratio (DPR) is currently 51.13%.
In other news, SVP Stephen Ungar sold 5,000 shares of the firm’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $13.92, for a total transaction of $69,600.00. Following the sale, the senior vice president now owns 175,256 shares in the company, valued at approximately $2,439,563.52. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 50.80% of the company’s stock.
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AmTrust Financial Services Company Profile
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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