Amerisafe Stock Price, News & Analysis

AMERISAFE, a specialty workers' compensation insurance provider, reported its Q1 2023 results, showcasing a net income of $17.3 million, equivalent to $0.90 per diluted share, a slight increase from Q1 2022. The net premiums earned grew by 2.4% to $69.2 million, while net investment income surged 21.6% to $7.4 million, driven by higher yields. The net combined ratio stood at 82.2%, up from 80.1%, indicating increased operating costs. The company announced a regular dividend of $0.34 per share, up 9.7% from the previous year. Despite challenges in premium growth due to declining loss costs, AMERISAFE remains optimistic about its long-term value, emphasized by a return on equity of 21.3%, an improvement from 17.4% year-over-year.

AMERISAFE, Inc. (NASDAQ: AMSF), a provider of workers’ compensation insurance for high hazard industries, will release its Q1 2023 financial results on April 26, 2023, after market close. A conference call and live webcast is scheduled for April 27, 2023, at 10:30 AM Eastern time. The company serves small to mid-sized employers in hazardous sectors such as construction and agriculture across 27 states. An archived version of the webcast will be accessible for 60 days post-call.

AMERISAFE, Inc. (NASDAQ: AMSF), a leader in workers’ compensation insurance for high hazard industries, has announced the date for its 2023 annual meeting of shareholders. Set for June 9, 2023, at 9:00 a.m. CT, the meeting will take place at the corporate headquarters in DeRidder, Louisiana. Shareholders eligible to vote will be determined by a record date of April 17, 2023. The company primarily serves small to mid-sized employers in sectors such as construction, trucking, and agriculture, operating across 27 states.

AMERISAFE, Inc. (NASDAQ: AMSF) has announced a 9.7% increase in its quarterly dividend, raising it from $0.31 to $0.34 per share. The dividend will be payable on March 24, 2023 to shareholders of record as of March 10, 2023. Since initiating dividend payments in 2013, AMERISAFE has distributed a total of $38.03 per share, comprising $8.28 in regular dividends and $29.75 in special dividends. The company specializes in providing workers' compensation insurance to small and mid-sized employers in high-risk industries.