AMERISAFE, Inc. (AMSF) AI Stock Analysis

AMERISAFE, Inc. operates as an insurance holding company specializing in workers' compensation insurance across the United States. Founded in 1985 and headquartered in DeRidder, Louisiana, the company focuses on small to mid-sized employers operating in hazardous industries. Key sectors served include construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. AMERISAFE's policies protect employers and employees against workplace injuries by covering temporary or permanent disability, medical and hospital costs, and death benefits associated with work-related incidents.

Revenue moved from $294.7M in FY2022 to $306.9M in FY2023, $309.1M in FY2024, and $317.3M in FY2025. Between FY2020 and FY2025, revenue contracted at a 5-year CAGR of -1.3%. Net income declined from $65.8M in FY2021 to $47.1M in FY2025, while net margin fell from 20.8% to 14.9%. Operating margin contracted from 25.1% in FY2021 to 18.6% in FY2025. For the trailing twelve months ended June 30, 2026, revenue totaled $335.7M with an operating margin of 19.9%. In the quarter ended June 30, 2026, revenue increased 13.4% year-over-year and quarterly earnings grew 6.8%.

As of June 30, 2026, AMERISAFE held $65.5M in cash and short-term investments, with shareholders' equity of $250.0M and total assets of $1.13B. The current ratio stood at 0.40. Operating cash flow fell to $11.1M in FY2025 from $24.2M in FY2024, while free cash flow reached $8.9M. Capital expenditures totaled $2.1M in FY2025. Capital return activities in FY2025 included $12.1M in share buybacks and $48.6M in dividends paid.

At the last close of $25.25 on October 16, 2026, AMERISAFE had a market capitalization of $468.0M and an enterprise value of $386.2M. Its trailing P/E of 10.2x is below the 12.1x median of its US-listed Financial Services peers, while its forward P/E of 22.4x sits above the peer median of 10.8x. The company trades at a price-to-sales ratio of 1.4x versus the peer median of 3.2x. Over the past year, AMSF dropped 32.5%, lagging the S&P 500 gain of 16.8%. Over five years, the stock fell 43.4% while the S&P 500 rose 83.0%.

AMERISAFE pays a quarterly dividend with an annual forward dividend of $1.64, yielding 6.49%. The company has paid dividends for 14 consecutive years. Its payout ratio is 131.0%, and its 5-year annualized dividend growth rate was -11.0%. The last ex-dividend date was September 11, 2026.

Wall Street analysts cover AMERISAFE with 1 Buy, 2 Holds, and 0 Sells. The mean price target is $33.33, which is 32.0% above the last close of $25.25. For the fiscal year ending December 31, 2026, consensus forecasts call for revenue of $341.7M and EPS of $1.93, representing an EPS decline of 11.9%. The company had 0 EPS beats over the last four quarters. The next earnings date is October 28, 2026.

This page is an AI-written research summary of AMERISAFE, Inc. (AMSF). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AMSF income statement, AMSF balance sheet, AMSF key metrics, AMSF analyst forecast, AMSF chart. See the AMSF stock overview for the latest quote and news.