Fire, Marine & Casualty Insurance · SIC 6331

AMERISAFE INC

AMSF

Watch

Latest revenue

$6.6M

as of 2026-03-31

Latest net income

$8.1M

as of 2026-03-31

Net margin

123.5%

as of 2026-03-31

4.8
of 10

ActaClear Score

Neutral
#51 of 74 in Fire, Marine & Casualty Insurance
new
Profitability·25%
7.1
Growth·15%
1.9
Value·20%
5.7
Quality·20%
Momentum·20%
3.0

Computed from 5 years of SEC fundamentals + latest market data, ranked within Fire, Marine & Casualty Insurance (74 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 6, 2026.

1.05
Price / FV

Fair value · DCF

Fair value
~5% downside at this growth
-1.3% / yr
-5%30%
Terminal growthWACC 9.8% · 10y forecast
Current price
$31.71
DCF fair value
$30.19
FCF base (last FY)
$47.15M
Net debt
$-61.93M

DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.

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Price · 5Y

-12.7% / yr 32.4 pts / yr vs S&P 500 49.2% total
Compare:

Live market

delayed ≤15 min
$31.71
2.99%
Market cap
$593.1M
Enterprise value
$252.6M
P/E (trailing)
12.6×
Forward P/E
P/B
2.41×
Dividend yield
9.4%
52-wk high
$47.86
52-wk low
$29.42
Beta
Shares out
18.7M

5-year trend

What this company does

AI

Item 1. Business. Overview AMERISAFE, Inc. is a specialty provider of workers’ compensation insurance focused on small to mid-sized employers engaged in hazardous industries, principally construction, trucking, logging and lumber, agriculture, services, manufacturing, and maritime. Since commencing operations in 1986, we have gained significant experience underwriting the complex workers’ compensation exposures inherent in these industries. We provide coverage to employers under state and federal workers’ compensation laws. These laws prescribe wage replacement and medical care benefits that employers are obligated to provide to their employees who are injured in the course and scope of…

AI summary unavailable — showing raw filing excerpt

Generated from AMSF's filing dated 2026-02-27

Key risks

AI

Item 1A. Risk Factors Investing in our securities involves a high degree of risk and uncertainties. In evaluating the Company, the factors described below should be considered carefully together with the other risks described in this annual report, including, but not limited to, under the captions "Business" in Item 1, "Risk Factors" in Item 1A, "Cybersecurity" in Item 1C, "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Item 7 and "Quantitative and Qualitative Disclosures About Market Risk" in Item 7A of this report. Forward-looking statements are all statements other than statements of historical facts. You should not place undue reliance on these…

AI summary unavailable — showing raw filing excerpt

Generated from AMSF's filing dated 2026-02-27

Profitability

Net margin

14.9%

17.2%

Return on equity

18.7%

13.0%

Return on assets

677.1%

14040.9%

Leverage

Debt / equity

-0.97×

127.8%

Debt / assets

-3513.4%

4617.4%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$6.6M-0.8%$8.1M-9.0%123.5%

Q4 2025

2025-12-31

$297.3M+3.7%$10.4M-21.0%3.5%

Q3 2025

2025-09-30

$6.6M-12.3%$13.8M-3.5%210.4%

Q2 2025

2025-06-30

$6.7M-10.2%$14.0M+26.9%208.6%

Q1 2025

2025-03-31

$6.7M-9.7%$8.9M-47.1%134.5%

Q4 2024

2024-12-31

$286.7M$13.2M4.6%

Q3 2024

2024-09-30

$7.5M-7.6%$14.3M+43.8%191.4%

Q2 2024

2024-06-30

$7.4M-3.6%$11.0M-29.7%147.6%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Fire, Marine & Casualty Insurance · SIC 6331

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Insider activity

Insider buying

$0

Insider selling

$160.6K

Net activity

−$160.6K

Distinct insiders

1

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2025-11-20

Anastasios Omiridis

EVP-CFO

Sale1,247$40.21$50.1K
2025-11-07

Anastasios Omiridis

EVP-CFO

Sale1,235$40.74$50.3K
2025-08-05

Anastasios Omiridis

EVP-CFO

Sale1,343$44.75$60.1K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns AMSF

Institutional value

$308.2M

Total shares held

9.4M

Distinct holders

108

-82 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.3.3M$109.1M-7.5K (-0.2%)Trimmed
2VANGUARD CAPITAL MANAGEMENT LLC849.0K$28.3MNew
3ROYCE & ASSOCIATES LP642.5K$21.4M+31.1K (+5.1%)Added
4DIMENSIONAL FUND ADVISORS LP468.0K$15.6M-25.3K (-5.1%)Trimmed
5Auto-Owners Insurance Co426.9K$14.2M-16.4M (-97.5%)Trimmed
6Champlain Investment Partners, LLC377.8K$12.6M-113.8K (-23.2%)Trimmed
7VANGUARD PORTFOLIO MANAGEMENT LLC287.3K$9.6MNew
8M&G PLC225.8K$7.5M-45.6K (-16.8%)Trimmed
9ProShare Advisors LLC183.3K$6.1M+20.1K (+12.3%)Added
10TEACHER RETIREMENT SYSTEM OF TEXAS181.8K$6.1M+25.7K (+16.5%)Added
11SEI INVESTMENTS CO138.6K$4.6M+77.0K (+125.0%)Added
12VANGUARD FIDUCIARY TRUST CO132.1K$4.4MNew
13Invesco Ltd.129.4K$4.3M+12.2K (+10.4%)Added
14Granite Investment Partners, LLC126.2K$4.2M-714 (-0.6%)Trimmed
15NEW SOUTH CAPITAL MANAGEMENT INC123.6K$4.1M-6.4K (-4.9%)Trimmed
16Bank of New York Mellon Corp100.4K$3.3M-4.2K (-4.0%)Trimmed
17Russell Investments Group, Ltd.98.1K$3.3M+17.2K (+21.3%)Added
18PRINCIPAL FINANCIAL GROUP INC92.3K$3.1M+2.0K (+2.3%)Added
19ISTHMUS PARTNERS, LLC89.3K$3.0MNew
20JANE STREET GROUP, LLC89.1K$3.0M+52.9K (+146.1%)Added

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

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