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Amerisafe (AMSF)
NASDAQ:AMSF
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.61Last Year’s EPS
0.69Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: 2.62%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Neutral
The call highlighted strong premium growth, policy retention, and profitability metrics such as a low combined ratio and high ROE. However, there were significant declines in net income, net investment income, and book value, alongside increased expenses and realized losses in the investment portfolio. The overall sentiment is balanced with both positive and negative elements.Company Guidance
During the AMERISAFE fourth quarter 2024 earnings call, the company reported a 3.9% increase in gross premiums written for the quarter and 3.1% for the full year, with voluntary premiums on policies written rising by 8.5% in the fourth quarter and 4.6% for the year. The enforced policy count grew 9.6%, driven by strong premium retention and new business production. Despite industry-wide headwinds, AMERISAFE achieved a combined ratio of 88.7% and a return on equity (ROE) of 20.2%. The accident year loss ratio held steady at 71%, consistent with the previous year, and the company recognized favorable development from prior accident years amounting to $9.7 million in the quarter and $34.9 million for the full year. On the capital management front, AMERISAFE's Board approved a 5.4% increase in the regular dividend to $0.39 per share. Looking forward, the company remains focused on top-line growth and is confident in its ability to identify and ensure profitable high-risk opportunities despite broader market challenges.Premium Growth
Gross premiums written increased by 3.9% for the fourth quarter and 3.1% for the full year. Voluntary premiums on policies written rose by 8.5% in the fourth quarter and 4.6% for the year compared to 2023.
Policy Count and Retention
In-force policy count grew 9.6% for the year, with strong premium retention and robust new business production being primary growth drivers. Policy retention for the quarter was 94.1% on a policy basis.
Combined Ratio and ROE
Achieved a combined ratio of 88.7% and a return on equity (ROE) of 20.2%, indicating strong profitability.
Dividend Increase
AMERISAFE's Board of Directors approved a 5.4% increase in the regular dividend to $0.39 per share.
Favorable Reserve Development
Recognized favorable development from prior accident years totaling $9.7 million in the quarter and $34.9 million for the full year.
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AMSF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AMSF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $50.83 | $50.80 | -0.06% |
| Oct 23, 2024 | $47.88 | $52.95 | +10.59% |
| Jul 29, 2024 | $46.48 | $44.77 | -3.68% |
| Apr 24, 2024 | $47.23 | $42.50 | -10.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Amerisafe (AMSF) report earnings?
Amerisafe (AMSF) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Amerisafe (AMSF) earnings time?
Amerisafe (AMSF) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMSF EPS forecast?
AMSF EPS forecast for the fiscal quarter 2025 (Q1) is 0.61.
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