Amerisafe Stock Price, News & Analysis

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 An archived version of the webcast will be accessible for 60 days post-call.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.

AMERISAFE, Inc. (Nasdaq: AMSF) reported a net income of $55.6 million for 2022, a 15.4% decline from the previous year. The company achieved a return on equity of 15.5% and a net combined ratio of 83.6%.

In Q4 2022, net premiums earned fell 2.5% to $66.1 million, while net investment income grew 25.8% to $7.6 million. The diluted earnings per share increased to $1.08 from $0.18.

The Board approved a 6.5% increase in the quarterly dividend, now $0.34 per share, payable March 24, 2023.

AMERISAFE, Inc. (NASDAQ: AMSF), a specialist in workers' compensation insurance for high hazard industries, is set to release its fourth quarter and full-year financial results for 2022 on February 20, 2023, after the market closes. A conference call will follow on February 21, 2023, at 11:00 AM Eastern Time. The webcast will be accessible through their website, and an archive will be available for 60 days. AMERISAFE serves small to mid-sized businesses across 27 states, focusing on sectors like construction and agriculture.

AMERISAFE, Inc. (NASDAQ: AMSF) announced the retirement of Millard Morris from its Board of Directors, effective December 31, 2022. Morris, the founder of AMERISAFE, served on the board since 2007 after previously holding positions including Chairman and CEO. His extensive knowledge of hazardous workers' compensation insurance has greatly benefited the company. Current Chairman Jared Morris and CEO Janelle Frost expressed gratitude for his leadership and vision, highlighting the company's commitment to serving small to mid-sized employers in hazardous industries across 27 states.

AMERISAFE, Inc. (NASDAQ: AMSF) announced a special cash dividend of $4.00 per share, payable on December 16, 2022, to shareholders of record as of December 2, 2022. Additionally, a regular quarterly dividend of $0.31 per share will also be paid on the same date. The CEO, G. Janelle Frost, highlighted that this special dividend reflects the company's operational consistency and capital management strategy. Over the past decade, AMERISAFE has declared $38.03 per share in dividends, including $29.75 in special dividends.

AMERISAFE, a specialty provider of workers’ compensation insurance, reported Q3 2022 results with net premiums earned at $67.8 million, showing a marginal increase of 0.2% year-over-year. However, net income dropped significantly by 40.6% to $11.4 million, with diluted earnings per share falling to $0.59. The net combined ratio increased to 85.4%, up from 71.5% in Q3 2021, indicating higher claims costs. Investment income grew by 15.4% to $7.0 million, but net unrealized losses on equity securities amounted to $4.1 million. The company declared a special dividend of $4.00 per share, alongside regular dividends.

AMERISAFE, Inc. (NASDAQ: AMSF) will release its 2022 third quarter financial results on October 26, 2022, after market close. A conference call will follow on October 27, 2022, at 10:30 AM ET. The call will be accessible via phone at 323-701-0225 (Conference Code 3095655) or online at www.amerisafe.com. AMERISAFE provides workers’ compensation insurance for high hazard industries and operates across 27 states.