AmTrust Financial Services, Inc. (NASDAQ:AFSI) – Analysts at William Blair lifted their FY2017 EPS estimates for AmTrust Financial Services in a note issued to investors on Thursday. William Blair analyst A. Klauber now anticipates that the insurance provider will earn $0.91 per share for the year, up from their prior estimate of $0.13. William Blair also issued estimates for AmTrust Financial Services’ Q4 2017 earnings at $0.25 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.40 EPS and FY2018 earnings at $1.30 EPS.

A number of other equities analysts have also issued reports on AFSI. TheStreet lowered shares of AmTrust Financial Services from a “c” rating to a “d” rating in a research report on Wednesday, July 19th. BidaskClub lowered shares of AmTrust Financial Services from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. ValuEngine lowered shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Zacks Investment Research upgraded shares of AmTrust Financial Services from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Finally, FBR & Co lowered shares of AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $14.00 target price on the stock. in a research report on Tuesday, October 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. AmTrust Financial Services has an average rating of “Hold” and an average target price of $16.33.

TRADEMARK VIOLATION NOTICE: “William Blair Equities Analysts Lift Earnings Estimates for AmTrust Financial Services, Inc. (AFSI)” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/william-blair-equities-analysts-lift-earnings-estimates-for-amtrust-financial-services-inc-afsi/1701750.html.

AmTrust Financial Services (NASDAQ:AFSI) opened at $9.49 on Monday. The company has a market cap of $2,019.07, a P/E ratio of 9.72 and a beta of 1.20. AmTrust Financial Services has a one year low of $9.23 and a one year high of $28.48. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46.

AmTrust Financial Services (NASDAQ:AFSI) last announced its quarterly earnings results 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). The company had revenue of $1.46 billion during the quarter, compared to analysts’ expectations of $1.29 billion. AmTrust Financial Services had a net margin of 0.49% and a return on equity of 9.07%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 earnings per share.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.17 per share. The ex-dividend date is Friday, December 29th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.17%. AmTrust Financial Services’s dividend payout ratio (DPR) is presently -424.97%.

A number of large investors have recently bought and sold shares of AFSI. Vanguard Group Inc. grew its position in AmTrust Financial Services by 33.6% in the 1st quarter. Vanguard Group Inc. now owns 8,667,061 shares of the insurance provider’s stock valued at $159,994,000 after buying an additional 2,181,846 shares during the last quarter. State Street Corp grew its position in AmTrust Financial Services by 54.1% in the 2nd quarter. State Street Corp now owns 3,292,917 shares of the insurance provider’s stock valued at $49,854,000 after buying an additional 1,156,431 shares during the last quarter. Boston Partners grew its position in AmTrust Financial Services by 291.8% in the 2nd quarter. Boston Partners now owns 1,230,210 shares of the insurance provider’s stock valued at $18,625,000 after buying an additional 916,199 shares during the last quarter. Denver Investment Advisors LLC grew its position in AmTrust Financial Services by 47.7% in the 2nd quarter. Denver Investment Advisors LLC now owns 2,262,970 shares of the insurance provider’s stock valued at $34,261,000 after buying an additional 731,249 shares during the last quarter. Finally, Royal Bank of Canada grew its position in AmTrust Financial Services by 20.3% in the 2nd quarter. Royal Bank of Canada now owns 4,012,368 shares of the insurance provider’s stock valued at $60,748,000 after buying an additional 676,537 shares during the last quarter. Hedge funds and other institutional investors own 34.72% of the company’s stock.

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.

Earnings History and Estimates for AmTrust Financial Services (NASDAQ:AFSI)

Receive News & Ratings for AmTrust Financial Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmTrust Financial Services Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.