AMERISAFE INC (AMSF)
Financials · Property & Casualty Insurance · NASDAQ
Amerisafe is a specialty insurance carrier that underwrites workers' compensation coverage specifically for small to mid-sized businesses operating in hazardous industries.
What AMERISAFE INC does
Amerisafe, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized businesses in high-hazard industries. The company operates through its subsidiaries, primarily focusing on industries with significant safety risks, including construction, trucking, manufacturing, and agriculture. It manages its insurance business through a network of independent agencies and brokers.
Themes: Insurance, Workers' Compensation, Specialty Insurance, Risk Management
Fundamentals
- Price$26.01 as of 2026-08-21 close
- Market cap$482M as of 2026-08-21
- 1-year return-43.7% 2025-08-21 close $46.22 → 2026-08-21 close $26.01
- P/E10.73 as of 2026-08-24
- Net margin+14.5% as of 2026-08-24
- ROE+18.4% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Revenue growth (YoY)+7.0% as of 2026-08-24
- Revenue CAGR (3y)+2.5% SEC XBRL
- Beta0.27 as of 2026-08-24
- Last reported earnings2026-07-21 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield +2.6%; at least 5 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How AMSF compares in its sector
- price-to-earnings ratiobottom 25% 525 covered Financials peers, as of 2026-08-24
- net profit marginmiddle range 538 covered Financials peers, as of 2026-08-24
- operating marginmiddle range 534 covered Financials peers, as of 2026-08-24
- return on equitytop 25% 575 covered Financials peers, as of 2026-08-24
- 3-year revenue CAGRbottom 25% 347 covered Financials peers
- indicated dividend yieldmiddle range 453 covered Financials peers, as of 2026-08-24
- free cash flow (absolute dollars, latest fiscal year)bottom 25% 431 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, AMSF's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 133%, free-cash-flow payout 703%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout133% dividends / net income
- Free-cash-flow payout703% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How AMERISAFE INC looks technically
AMERISAFE INC (AMSF) is trading 24.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 338 trading days ago — a "death cross", a bearish long-term signal. A strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 37, with sellers in control. Momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 28, in oversold territory (below 30). It made a new 20-day low about 2 trading days ago. It is 1.4% above its 52-week low (its lowest price of the past year).
Trend
7
| Distance from the 200-day | it is trading 24.8% below its 200-day average, the long-term trend line — a long-term downtrend | -24.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $31.18 | $31.18 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $34.57 | $34.57 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 22 calendar days ago — the swings before that are what the structure reading is measured on | 22 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 338 trading days ago — a "death cross", a bearish long-term signal | 338 sessions |
| Trend strength (14-day ADX) | a strong downtrend is in place — ADX, a 0–100 trend-strength gauge, is 37, with sellers in control | 37.0 |
Momentum
3
| 14-day RSI | momentum is beaten down — its 14-day RSI (a 0–100 momentum gauge) is 28, in oversold territory (below 30) | 28.5 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($25.65 to $30.27) — its "stochastic" reading is 8 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 7.8 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in negative territory (momentum leaning bearish) | 28 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $47.86 | $47.86 |
|---|---|---|
| From the 52-week high | it is 45.7% below its 52-week high (its highest price of the past year) | -45.6% |
| Above the 52-week low | it is 1.4% above its 52-week low (its lowest price of the past year) | +1.4% |
| Below the 52-week high | it is 45.7% below its highest point of the past year | 45.6% |
| Since a 20-day breakout | it made a new 20-day low about 2 trading days ago | 2 sessions |
| Since a 55-day breakout | it made a new 55-day low about 2 trading days ago | 2 sessions |
| All-time high | its highest closing price on record is $80.65 (set on 2020-02-20) | $80.65 |
| Given back of the 52-week move | over the past year its closes ranged ($25.70 to $47.25), and it has recovered essentially none of its fall from last year’s high — 1% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $39.02 to $39.71. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 1.4% |
| From the all-time high | it is 67.7% below its all-time high | -67.8% |
| Nearest price level | it is trading 13.6% below a resistance level at $29.55 — a price it turned at twice since 2026-04-22, most recently on 2026-05-06. Since 2024-08-21 it has 0 such levels below the current price and 15 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +13.6% |
| All-time low | its lowest closing price on record is $8.12 (set on 2005-11-18) | $8.12 |
| Above the all-time low | it is 220.3% above its all-time low | +220.3% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 85% of the past ~6 months) | 85th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.8793 between its high and its low — about 3.4% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.8793 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $25.24 and $31.50 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $25.24 – $28.37 – $31.50 |
| Typical daily range (% of price) | its price moves about 3.4% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.4% |
| Stretch from the 200-day average | it is trading 9.7 daily ranges below its 200-day average price (24.8% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 9.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.16× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Price gaps
2
| Gap at the open | it opened on 2026-08-21 0.2% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.2% |
|---|---|---|
| Open gap | it gapped 5.0% below the previous close 22 sessions ago and has not traded back through the level it left behind at 33.98 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -5.0% |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 25.8 percentage points (the stock lost 23.5% while the market gained 2.3%) | -25.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 20.0 percentage points (the stock lost 16.9% while the market gained 3.1%) | -20.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 41.9 percentage points (the stock lost 30.9% while the market gained 11.1%) | -42.0% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 64.2 percentage points (the stock lost 43.7% while the market gained 20.5%) | -64.2% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: its RSI momentum gauge is oversold (a beaten-down reading), near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 7 of the 9 technical signals we can compute for it are currently in a bearish state: a strong downtrend, with sellers in control, a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, a fresh 20-day low, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 7 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 20% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is moderate, spanning 3.8% of the share price. | -20.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 19% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $32.07 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -18.9% |
|---|---|---|
| Vs the average paid since it last reported | the price is 8% below the average price paid since it last reported on 2026-07-21 (its 8-K), so the typical buyer over that stretch is under water. That average is $28.31 — a volume-weighted average of daily closes over 24 sessions, not a true tick-by-tick VWAP. | -8.1% |
Price levels it has turned at before
AMSF last closed at $26.01 on 2026-08-21. Since 2024-08-21 it has turned at 0 prices below its last close and 15 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $29.55 | Resistance | 13.6% above the last close | turned there twice · 2026-04-22 to 2026-05-06 |
| $32.09 | Resistance | 23.4% above the last close | turned there five times · 2026-02-27 to 2026-06-11 |
| $34.35 | Resistance | 32.1% above the last close | turned there twice · 2026-04-08 to 2026-04-20 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Oversold (14-day RSI below 30) · Near the 52-week low · Pulled back from the 12-month high · Broke down to a new 20-day low · lagging the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$35.67 range $32.00 – $42.00; median $33.00
Analyst estimates, as of 2026-08-17. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AMSF
- Consensus EPS estimate$0.4867 next reporting period, as of 2026-08-17
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Cyclicality and competitive nature of the workers' compensation insurance industry","Potential for greater frequency or severity of claims than underwriting practices anticipate","Dependence on independent agencies and brokers for business acquisition"]
What changed in the latest 10-Q
AI-assisted comparison of AMSF's 10-Q filed 2026-04-23 against the prior one filed 2025-10-30.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing adds word 'REGARDING' to section header: 'CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS' (vs. 'FORWARD-LOOKING STATEMENTS' in older)
- Newer filing adds the word 'strive' to list of forward-looking indicator words
- Newer filing adds bullet point: 'a decreased level of business activity of our policyholders caused by downturn in business activity generally' (with article 'a' added)
- Newer filing expands risk factor description references to include 'Cybersecurity' in Item 1C and '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
- Newer filing changes attribution statement from 'We undertake no obligation' to 'The Company undertakes no obligation'
- Removed:
- Older filing contains bullet point about 'changes in current accounting standards or new accounting standards' which is removed in newer filing
- Older filing references Form 10-K for year ended December 31, 2024; newer filing references Form 10-K for year ended December 31, 2025
- Reworded:
- Older filing states 'decreased level of business activity'; newer filing states 'a decreased level of business activity'
- Older filing describes risks 'under the caption Risk Factors in Part I, Item 1A'; newer filing expands to describe risks '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'
- Table of contents page numbers changed: Item 3 from page 29 to 28; Item 4 from page 29 to 28; Item 2 (Part II) from page 30 to 29; Item 5 from page 31 to 29; Item 6 from page 33 to 30
- Balance sheet date changed from September 30, 2025 to March 31, 2026, with December 31, 2024 comparator replaced by December 31, 2025
- Notes:
- Comparison is limited to the portions of MD&A provided; full sections may contain additional changes not visible in excerpts
- Balance sheet and income statement data presented show period changes but detailed MD&A narrative text was not provided for complete analysis
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for AMSF — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding AMSF as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 4,668,674
- Reported value $155,606,899
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AMSF had 806,624 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
AMSF had 4.35% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 3.21 days to cover at the same settlement.
- Reported short interest (shares) 806,624
- Short interest (% of shares outstanding) 4.35%
- Prior settlement (shares) 835,527
- Reported change -3.46%
- Days to cover (reported) 3.21
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Travelers (TRV)
- Hartford Financial Services (HIG)
- Old Republic International (ORI)
- Employers Holdings (EIG)
- Berkshire Hathaway
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does AMERISAFE INC (AMSF) do?
Amerisafe, Inc. is a specialty provider of workers' compensation insurance focused on small to mid-sized businesses in high-hazard industries. The company operates through its subsidiaries, primarily focusing on industries with significant safety risks, including construction, trucking, manufacturing, and agriculture. It manages its insurance business through a network of independent agencies and brokers.
What sector is AMERISAFE INC (AMSF) in?
AMERISAFE INC (AMSF) is classified in the Financials sector. Its industry is Property & Casualty Insurance. It trades on NASDAQ.
Does AMSF pay a dividend?
Yes — AMERISAFE INC (AMSF) pays a dividend, with an indicated yield of about 2.63% and at least 5 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-24). Informational only — not financial advice.
Who are AMERISAFE INC's (AMSF) competitors?
Notable peers of AMERISAFE INC (AMSF) include Travelers, Hartford Financial Services, Old Republic International, Employers Holdings and Berkshire Hathaway. This peer set is informational only — not financial advice.
Is AMERISAFE INC (AMSF) overbought or oversold right now?
AMERISAFE INC (AMSF) is currently in oversold territory (its 14-day RSI is 28, below 30) (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AMSF come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.