Truist Financial Lowers AMERISAFE (NASDAQ:AMSF) Price Target to $34.00

AMERISAFE (NASDAQ:AMSF) had its target price reduced by equities researchers at Truist Financial from $36.00 to $34.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has a “hold” rating on the insurance provider’s stock. Truist Financial’s price target suggests a potential upside of 13.48% from the stock’s previous close.

AMSF has been the subject of several other research reports. Weiss Ratings lowered shares of AMERISAFE from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, March 2nd. Wall Street Zen lowered shares of AMERISAFE from a “hold” rating to a “sell” rating in a research note on Saturday, February 28th. Citigroup reiterated a “market outperform” rating on shares of AMERISAFE in a research note on Friday, January 16th. Citizens Jmp lowered their target price on shares of AMERISAFE from $50.00 to $45.00 and set a “market outperform” rating for the company in a research note on Monday, April 13th. Finally, Morgan Stanley set a $55.00 target price on shares of AMERISAFE in a research note on Friday, January 16th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $44.67.

AMERISAFE Trading Down 9.6%

Shares of NASDAQ:AMSF opened at $29.96 on Thursday. The company has a fifty day simple moving average of $34.15 and a 200 day simple moving average of $37.60. The firm has a market cap of $563.10 million, a PE ratio of 12.13 and a beta of 0.31. AMERISAFE has a 12-month low of $29.45 and a 12-month high of $50.07.

AMERISAFE (NASDAQ:AMSF) last issued its quarterly earnings results on Wednesday, April 22nd. The insurance provider reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.02). The company had revenue of $80.09 million during the quarter, compared to the consensus estimate of $90.49 million. AMERISAFE had a return on equity of 15.89% and a net margin of 14.86%. As a group, equities research analysts forecast that AMERISAFE will post 2.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Louisiana State Employees Retirement System bought a new position in AMERISAFE in the 1st quarter worth about $280,000. SG Americas Securities LLC grew its position in AMERISAFE by 29.3% in the 1st quarter. SG Americas Securities LLC now owns 10,621 shares of the insurance provider’s stock worth $354,000 after purchasing an additional 2,408 shares during the last quarter. Diversified Trust Co grew its position in AMERISAFE by 4.5% in the 1st quarter. Diversified Trust Co now owns 10,693 shares of the insurance provider’s stock worth $356,000 after purchasing an additional 460 shares during the last quarter. Hsbc Holdings PLC grew its position in AMERISAFE by 57.0% in the 4th quarter. Hsbc Holdings PLC now owns 13,642 shares of the insurance provider’s stock worth $523,000 after purchasing an additional 4,952 shares during the last quarter. Finally, Auto Owners Insurance Co grew its position in AMERISAFE by 3,741.0% in the 4th quarter. Auto Owners Insurance Co now owns 16,397,229 shares of the insurance provider’s stock worth $62,982,000 after purchasing an additional 15,970,329 shares during the last quarter. Institutional investors own 97.41% of the company’s stock.

More AMERISAFE News

Here are the key news stories impacting AMERISAFE this week:

• Positive Sentiment: Company declared a quarterly dividend of $0.41 per share (annualized yield ~5.5%), payable June 19 to shareholders of record June 12 — supports income investors and can be viewed as shareholder-friendly.
• Positive Sentiment: Management highlighted strong premium growth and rising written premiums despite a competitive market, which supports top-line momentum if underwriting can stabilize. Read More.
• Neutral Sentiment: Analyst views and targets are mixed but show upside to current price: two recent targets give a median near $40.5, indicating some analyst confidence longer term. Read More.
• Neutral Sentiment: Large institutional portfolio moves were noted in recent filings (both additions and sizable reductions), which can increase near‑term volatility but don’t change fundamentals immediately. Read More.
• Negative Sentiment: Q1 EPS and revenue missed consensus: EPS $0.50 (vs. est. ~$0.52–0.55) and revenue roughly $80–81.8M, below estimates — key immediate driver of the share decline. Read More.
• Negative Sentiment: Underwriting softness and higher costs pressured margins and profitability (management acknowledged weaker underwriting margins and elevated expenses on the call), raising near‑term earnings risk until pricing/claims mix improves. Read More.
• Negative Sentiment: Insider sales and notable institutional reductions were reported (including recent insider sell activity), which can weigh on sentiment. Read More.
• Negative Sentiment: Full earnings call transcript shows management balancing optimism on premium growth with caution on margin recovery — investors will watch upcoming quarters for underwriting improvement. Read More.

AMERISAFE Company Profile

Amerisafe, Inc (NASDAQ: AMSF) is a specialty provider of workers’ compensation insurance products and services in the United States. The company focuses on underwriting and managing workers’ compensation policies for small to mid-sized public and private businesses, particularly in higher-hazard industries such as retail, manufacturing, distribution and wholesale. Through its network of independent agents, Amerisafe delivers tailored coverage solutions that combine robust risk management support with loss prevention programs designed to enhance workplace safety.

In addition to core insurance offerings, Amerisafe provides extensive risk control resources, including safety training, on-site consultations and claims management services.