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AMSFAMERISAFE, Inc.
$24.37$456M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
AMSF logo

AMERISAFE, Inc.

AMSF
NASDAQ · Specialty Insurance
$24.37
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$456M
P/E9.9x
52W High$44.66
Volume380.88K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Catastrophic Loss Spike Erodes Capital and Earnings Visibility

AMERISAFE's 2026Q2 results reveal a severe profitability inflection, with a loss ratio spiking to 136.6% and operating income turning negative at -$10.2M, suggesting a significant adverse development or catastrophe event that has wiped out prior underwriting g...

GrowthExpanding
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

AMSF price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

3/12 Beats

EPS beat 3 of last 12 quarters

02

Valuation risk

-37% Peers

P/E is 37% below peer median

03

Market leadership

RS 15 · Lag

Laggard (Underperforming 85% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 21

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
AMSF-31.88%
S&P 500 (^GSPC)+12.39%
1-Year Return
AMSF-38.28%
S&P 500 (^GSPC)+15.77%
3-Year Return
AMSF-29.37%
S&P 500 (^GSPC)+76.56%
5-Year Return
AMSF-14.68%
S&P 500 (^GSPC)+71.31%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
9.9x
Forward P/E
12.3x
EV/EBITDA0th %ile
6.6x
FCF YieldCash Flow
2.0%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.9x
15.9x
0th· Low
EV/EBITDA
6.6x
12.1x
0th· Low
Price/FCF
51.1x
38.5x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$317M+2.6% YoY
Net income
$47M-15.0% YoY
Free cash flow
$9M-61.8% YoY
Operating margin
18.6%-3.8 pts YoY
ROIC (TTM)21.9%
Avg ROIC 5Y-
ROE (TTM)18.5%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate3/12 (25%)
Revenue Beat Rate8/12 (67%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 21, 2026
$0.44-14.9%
vs $0.52
$86M+1.0%
vs $85M
Q2 2026
Apr 22, 2026
$0.50-7.9%
vs $0.54
$89M-2.2%
vs $90M
Q1 2026
Feb 25, 2026
$0.51-10.5%
vs $0.57
$70M+4.4%
vs $67M
Q4 2025
Oct 29, 2025
$0.55+0.0%
vs $0.55
$82M+2.4%
vs $80M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Defense World·Sep 8, 2026
Public Employees Retirement System of Ohio Takes $1.34 Million Position in AMERISAFE, Inc. $AMSF

Public Employees Retirement System of Ohio purchased a new position in AMERISAFE, Inc. (NASDAQ: AMSF) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 39,724 shares of the insurance provider's stock, valued at approximately $1,344,000. Public Employees Retirement System of

Defense World·Sep 7, 2026
AMERISAFE (NASDAQ:AMSF) & Presurance (NASDAQ:PRHI) Head-To-Head Comparison

AMERISAFE (NASDAQ: AMSF - Get Free Report) and Presurance (NASDAQ: PRHI - Get Free Report) are both small-cap finance companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends and profitability. Risk and Volatility AMERISAFE has a beta of 0.23,

Zacks Investment Research·Aug 20, 2026
Why Is Amerisafe (AMSF) Down 16% Since Last Earnings Report?

Amerisafe (AMSF) reported earnings 30 days ago. What's next for the stock?

Defense World·Jul 24, 2026
AMERISAFE Q2 Earnings Call Highlights

AMERISAFE (NASDAQ: AMSF) reported higher second-quarter premiums and continued policy growth, while executives said the workers' compensation insurer is navigating a profitable but increasingly competitive market marked by rate pressure and rising medical costs. On the company's second-quarter 2026 earnings call, President and CEO Janelle Frost said the workers' compensation market "remains profitable," but continues to

Filtered for AMERISAFE, Inc.More Headlines
04

Compare before deciding

Benchmark AMSF against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for AMERISAFE, Inc. (AMSF)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
AMSF logoAMSFAMERISAFE, Inc.Current
$24.37$455.81M9.872.63%14.86%18.53%10.45%
KNTK logoKNTKKinetik Holdings Inc.
$52.92$3.9B20.1218.98%25.28%16.86%—
EIG logoEIGEmployers Holdings, Inc.
$47.79$1.06B106.20-2.55%0.91%0.82%—
ACGL logoACGLArch Capital Group Ltd.
$95.16$33.25B8.1914.27%24.44%19.52%—
HIG logoHIGThe Hartford Insurance Group, Inc.
$126.59$34.7B9.507.1%15.03%22.99%—
TRV logoTRVThe Travelers Companies, Inc.
$360.39$75.17B13.145.17%16.95%25.62%—

Compare AMSF vs Peers

AMERISAFE, Inc. (AMSF) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs KNTK

Most directly comparable listed peer for AMSF.

Scale Benchmark

vs MMC

Larger-name benchmark to compare AMSF against a more recognizable public peer.

Peer Set

Compare Top 5

vs KNTK, EIG, ACGL, HIG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

AMSF SEC Filings & Documents

AMERISAFE, Inc. (AMSF) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 21, 2026·SEC

Material company update

Jun 12, 2026·SEC

Material company update

Apr 22, 2026·SEC

10-K Annual Reports

5
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 28, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 23, 2026·SEC

FY 2026

Apr 23, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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AMSF Frequently Asked Questions

AMERISAFE, Inc. (AMSF) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is AMERISAFE, Inc. growing?

AMERISAFE, Inc. (AMSF) grew revenue by 2.6% over the past year. Growth has been modest.

Is AMSF profitable?

Yes, AMERISAFE, Inc. (AMSF) is profitable, generating $47.0M in net income for fiscal year 2025 (14.9% net margin).

Dividend & Returns
Does AMSF pay dividends?

Yes, AMERISAFE, Inc. (AMSF) pays a dividend with a yield of 10.45%. This makes it attractive for income-focused investors.

What is AMSF's return on equity?

AMERISAFE, Inc. (AMSF) has a return on equity (ROE) of 18.5%. This is reasonable for most industries.

Industry Metrics
What is AMERISAFE, Inc.'s combined ratio?

AMERISAFE, Inc. (AMSF) has a combined ratio of 81.4%. A ratio below 100% indicates underwriting profitability.

What if you invested $1,000 in AMSF back in 1995?

Total return calculator · dividends reinvested · 31+ years of data

See returns →