AMERISAFE, Inc. (AMSF)

Over the past six months, AMERISAFE's stock has trended downwards by 19.10%. From March 20, 2025, to March 19, 2026, the share price experienced a decline of 37.02%. The stock was down 2.82% in the 30 days leading up to March 28, 2026. In the last four weeks leading up to April 10, 2026, Amerisafe lost 0.58 percent, and over the last 12 months, its price fell by 31.65 percent. Recent news includes the company announcing its 2025 fourth-quarter and year-end results on February 25, 2026. On the same date, AMERISAFE increased its quarterly dividend by 5.1%, from $0.39 to $0.41 per share, payable on March 20, 2026. The Q4 2025 earnings per share of 50 cents missed the estimate of 58 cents. Analysts expect Q1 2026 earnings to rise 2.94% to 52 cents per share, with the next earnings date estimated for April 28, 2026. Analyst ratings for AMSF have shown a consensus of "Hold" based on 4 research reports in the past 90 days, with an average rating score of 2.25 (2 buy, 1 hold, 1 sell rating). Some analysts have maintained a "Hold" rating while lowering price targets, while others have maintained "Market Outperform" with lowered price targets.

Information regarding the specific demand seasonality for AMERISAFE's products and services is not explicitly detailed. While there is a mention of stock seasonality, indicating a chance of a "green month" in March, this refers to stock performance rather than direct demand for insurance products. Given the nature of workers' compensation insurance, significant seasonal fluctuations in demand for the core product itself may not be as pronounced as in other industries. The company's focus on high-hazard industries might suggest some correlation with seasonal activity in these sectors, but this is not explicitly stated.

AMERISAFE, Inc. is a specialty provider of workers' compensation insurance, primarily focusing on small to mid-sized employers in high-hazard industries, operating within the Financial sector, specifically in the Property & Casualty Insurance industry. The company's core business includes workers' compensation insurance, which provides coverage for temporary or permanent disability, death, and medical expenses for employees injured on the job. AMERISAFE also offers comprehensive risk management and safety services, such as proactive safety reviews, on-site safety inspections, customized safety training, and consultative services on regulatory compliance and risk mitigation strategies. The company provides intensive claims management practices and audit services to ensure appropriate premiums and monitor payroll patterns.

AMERISAFE actively markets its insurance services in 27 states. Additionally, the company holds licenses in an extra 20 states, as well as the District of Columbia and the U.S. Virgin Islands, indicating a broad operational reach across the United States.

AMERISAFE maintains a strong brand reputation, evidenced by an "A" (Excellent) financial strength rating from A.M. Best. The company also holds an "A+" (excellent) rating from the Better Business Bureau (BBB), though it is not BBB accredited. AMERISAFE has been recognized for its consistent financial performance, being included in Ward's 50 top-performing property-casualty companies for the 17th consecutive year, covering the period from 2020 to 2024. However, customer feedback regarding AMERISAFE is mixed, with many reviews unfortunately leaning towards the negative side.

AMERISAFE, Inc. has 258 institutional owners and shareholders holding a total of 18,212,244 shares. Major institutional owners include BlackRock, Inc., Neuberger Berman Group LLC, Vanguard Group Inc, Charles Schwab Investment Management Inc, State Street Corp, Goldman Sachs Group Inc, Royce & Associates Lp, Geode Capital Management, Llc, and Dimensional Fund Advisors Lp. Significant individual insider shareholders include Patrick J. Welsh, Paul B. Queally, Anthony J. Denicola, Russell L. Carson, Bruce K. Anderson, Jonathan M. Rather, Robert A. Minicucci, and Thomas E. McInerney.