AMERISAFE (AMSF)
Provides workers' compensation coverage for hazardous small and mid-sized employers.
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Sells workers' compensation policies through independent agencies, focused on hazardous small and mid-sized U.S. employers. A single Insurance Operations segment combines underwriting, safety services, premium audit, and in-house claims management.
Provides workers' compensation insurance for small and mid-sized employers in hazardous industries such as construction, trucking, logging, agriculture, manufacturing, services, and maritime. The business is concentrated in the United States and actively marketed across 27 states.
Operates through one Insurance Operations segment, with premium revenue sourced mainly through independent agencies and Amerisafe General Agency. Underwriting, safety reviews, premium audit, payment plans, and claims handling are part of the policy relationship.
Execution depends on agency distribution, state workers' compensation regulation, target-industry payroll activity, claims frequency and severity, reinsurance conditions, and rating-agency actions.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 23, 2026 | Truist Financial | Target | Target: $34 | Target: $32 |
| Apr 23, 2026 | Truist Financial | Target | Target: — | Target: $34 |
| Jan 16, 2026 | Morgan Stanley | Target | Target: — | Target: $55 |
| Oct 14, 2025 | JMP Securities | Reiterate | Rating: —Target: — | Target: $60 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $65.5M · Total debt $0 · Total assets $1.13B · Shareholders' equity $250.0M
- Revenue
- $92.0M
- Operating income
- −$10.2M
- Net income
- $14.6M
HistoryDividendAnnual yield
| Institutions | ≈ 105.10% | 19.48M shares | |
|---|---|---|---|
| 216 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 1.76% | 325.5K shares | |
| 12 holders · as of Aug 4, 2026 | |||
| Adds to | 106.86% | ||
18.54M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 106.86%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 19.48% | 3.61M | as of Jun 30, 2026 |
Neuberger Berman Group LLCInstitution | 6.90% | 1.28M | as of Jun 30, 2026 |
Goldman Sachs Group IncInstitution | 6.50% | 1.20M | as of Jun 30, 2026 |
Goldman Sachs Asset Management, L.P.Institution | 5.79% | 1.07M | filed Aug 13, 2026 |
State Street CorpInstitution | 4.45% | 824,222 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 20, 2025 | Anastasios Omiridis | officer: EVP-CFO | −1,247 | $40.21 |
| Nov 7, 2025 | Anastasios Omiridis | officer: EVP-CFO | −1,235 | $40.74 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| AMERISAFE | $24.58 | +0.07% | $459.4M | 9.9 | 12.8 | 1.4 | +6.0% |
| Employers | $48.59 | +0.29% | $1.00B | 71.3 | 20.1 | 1.2 | −10.6% |
| Travelers | $362.13 | −2.43% | $77.41B | 9.9 | 12.1 | 1.6 | −4.8% |
| The Hartford | $129.20 | −1.17% | $35.84B | 8.5 | 9.9 | 1.2 | +4.0% |
| American Financial Group | $140.69 | −0.39% | $11.74B | 12.3 | 11.2 | 1.4 | −0.5% |
| Old Republic International | $38.61 | −1.57% | $9.55B | 8.6 | 12.1 | 1.0 | +13.4% |
| W. R. Berkley | $68.38 | −0.60% | $25.61B | 14.1 | 14.4 | 1.4 | +1.2% |
| Median | 11.1 | 12.1 | 1.3 | +0.4% |