AmTrust Financial Services (AFSI) Receiving Somewhat Positive News Coverage, Analysis Shows

Media stories about AmTrust Financial Services (NASDAQ:AFSI) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. AmTrust Financial Services earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 45.6010400942875 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news stories that may have impacted Accern Sentiment’s rankings:

AFSI has been the topic of several analyst reports. Compass Point lowered shares of AmTrust Financial Services from a “buy” rating to a “neutral” rating and set a $15.00 price target on the stock. in a report on Monday, February 26th. ValuEngine lowered shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research lowered shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a report on Monday, February 19th. SunTrust Banks lowered shares of AmTrust Financial Services from a “buy” rating to a “hold” rating in a report on Thursday, March 1st. Finally, BidaskClub raised shares of AmTrust Financial Services from a “sell” rating to a “hold” rating in a report on Tuesday, February 13th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $14.29.

AFSI opened at $13.30 on Friday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.55 and a current ratio of 0.55. AmTrust Financial Services has a twelve month low of $13.24 and a twelve month high of $13.32. The stock has a market capitalization of $2.60 billion, a PE ratio of 12.50 and a beta of 1.29.

The company also recently announced a quarterly dividend, which was paid on Monday, April 16th. Stockholders of record on Monday, April 2nd were issued a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 5.11%. The ex-dividend date of this dividend was Thursday, March 29th.

In other news, Chairman Barry D. Zyskind bought 2,945,113 shares of the stock in a transaction dated Thursday, April 19th. The shares were acquired at an average price of $12.62 per share, with a total value of $37,167,326.06. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 50.80% of the stock is currently owned by corporate insiders.

AmTrust Financial Services Company Profile

AmTrust Financial Services, Inc provides property and casualty insurance in the United States and internationally. The company operates in three segments: Small Commercial Business, Specialty Risk and Extended Warranty, and Specialty Program. The Small Commercial Business segment offers workers' compensation insurance products; and commercial package, and other property and casualty insurance products, such as commercial property, general liability, inland marine, employment practices liability, commercial automobile, and umbrella coverage to small businesses.

Insider Buying and Selling by Quarter for AmTrust Financial Services (NASDAQ:AFSI)

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