Amerisafe Stock Price, News & Analysis

AMERISAFE (AMSF) announced its Q1 2022 financial results, reporting net premiums earned of $67.6 million, down 4.5% from the previous year. The net income decreased by 10.3% to $17.3 million, with diluted earnings per share at $0.89, a 10.1% decline. However, operating net income rose 8.3% to $15.9 million. The net combined ratio improved to 80.1% from 84.6%. The company repurchased 43,893 shares and declared a quarterly dividend of $0.31, indicating continued shareholder value focus.

AMERISAFE, Inc. (NASDAQ: AMSF) will release its 2022 first quarter financial results on April 27, 2022, after the market closes. A conference call is scheduled for April 28, 2022, at 10:30 AM Eastern Time, accessible via phone and online. AMERISAFE specializes in workers' compensation insurance for hazardous industries, operating in 27 states and focusing primarily on small to mid-sized employers in sectors like construction and agriculture.

AMERISAFE (NASDAQ: AMSF) has scheduled its 2022 annual meeting of shareholders for June 10, 2022, at 9:00 a.m. central time at its headquarters in DeRidder, Louisiana. Shareholders eligible to vote must be recorded by April 18, 2022.

AMERISAFE offers workers’ compensation insurance primarily for high hazard industries, such as construction and trucking, across 27 states.

AMERISAFE, Inc. (NASDAQ: AMSF) has appointed Billy Greer to its Board of Directors, effective March 15, 2022. The Chairman, Jared A. Morris, expressed confidence in Greer's background and experience as a valuable addition to the board. G. Janelle Frost, President and CEO, highlighted Greer’s expertise in investment management, business development, and asset administration, noting that his appointment aligns with AMERISAFE's vision of converting risk into opportunity. AMERISAFE specializes in workers' compensation insurance for high hazard industries across 27 states.

AMERISAFE, Inc. (NASDAQ: AMSF) has announced a quarterly dividend increase of $0.02, raising it from $0.29 to $0.31 per share, representing a 6.9% increase. The dividend is payable on March 25, 2022, to shareholders of record as of March 11, 2022. Since initiating dividend payments in 2013, the company has distributed $32.79 per share, including $7.04 in regular dividends and $25.75 in special dividends.

AMERISAFE, a workers’ compensation insurance provider, reported a net income of $65.8 million for 2021, down 24.1% from the prior year, with a return on equity of 15.7%. The company faced a catastrophic claim that increased its loss ratio from 72.0% to 80.7%. Quarterly results showed net premiums earned decreased by 9.3% year-over-year. Investment income also fell by 13.4%. In response to its performance, the Board increased the quarterly dividend by 6.9% to $0.31 per share. The net combined ratio stood at 85.7% for the year, reflecting a challenging environment amid strong competition and economic uncertainties.

AMERISAFE, Inc. (NASDAQ: AMSF) announced that it will release its 2021 fourth quarter and full year financial results on February 22, 2022, after market close. A conference call is scheduled for February 23, 2022, at 10:30 AM Eastern time, where executives will discuss the results. Investors can join via phone or through the company's website. AMERISAFE specializes in workers' compensation insurance for hazardous industries, marketing in 27 states, primarily targeting small to mid-sized employers.

AMERISAFE, Inc. (Nasdaq: AMSF) announced the planned retirement of CFO Neal Fuller, effective in 2022. Joining AMERISAFE in 2015, Fuller has over 30 years of experience in the insurance sector. G. Janelle Frost, CEO, expressed gratitude for Fuller’s leadership and commitment during the transition. AMERISAFE will initiate an executive search for a new CFO. The company specializes in workers’ compensation insurance for high-hazard industries, operating in 27 states.

AMERISAFE, Inc. (NASDAQ: AMSF) declared a special cash dividend of $4.00 per share and a regular quarterly dividend of $0.29 per share. The special dividend is payable on November 17, 2021, to shareholders of record as of November 10, 2021. Over the past nine years, the company has distributed a total of $32.79 per share in dividends, highlighting its commitment to returning capital to shareholders as part of its capital management strategy.