AmTrust Financial Services, Inc. (NASDAQ:AFSI) EPS Analysis


A number of hedge funds and other institutional investors have recently made changes to their positions in AFSI.

Amtrust Financial (NASDAQ:AFSI) now has a trailing P/E of 8.69 while its forward P/E according to Thomson Reuters is 6.76. Finally, Amalgamated Bank boosted its stake in shares of AmTrust Financial Services by 1.4% in the first quarter. The firm earned "Buy" rating on Thursday, September 3 by William Blair. Amtrust Financial Services Inc now has $2.54 billion valuation. Edge Asset Management Inc. now owns 5,082,376 shares of the insurance provider's stock valued at $93,819,000 after buying an additional 1,013,216 shares during the period. Schwab Charles Investment Management Inc. now owns 640,894 shares of the insurance provider's stock valued at $11,831,000 after buying an additional 208,155 shares during the last quarter. Finally, Credit Agricole S A bought a new position in AmTrust Financial Services during the first quarter valued at $8,648,000.

On the other hand, Hostess Brands, far traveled 64.78% versus a 1-year low price of $9.72. (NASDAQ AFSI) opened at 15.14 on Tuesday. The company has a market cap of $15.02B and its 12 month revenue was nearly $2.46B. The firm's 50-day moving average price is $13.48 and its 200-day moving average price is $20.39.

03/10/2015 - AmTrust Financial Services, Inc. was upgraded to " by analysts at Zacks. After $0.28 actual earnings per share reported by Lantheus Holdings Inc for the previous quarter, Wall Street now forecasts -14.29% negative EPS growth. AmTrust Financial Services had a return on equity of 16.55% and a net margin of 7.55%. The business had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.35 billion. The company's 5 year Earnings per share growth and Capital Spending growth remains at 12.7 and 11.15. AmTrust Financial Services's sales for the period was down 1.2% compared with the same period in the prior year. on consensus, brokerages expect that AmTrust Financial Services to post $1.89 EPS for the present financial year. Stockholders of record on Monday, July 3rd will be issued a dividend of $0.17 per share. The ex-dividend date of this dividend is Thurs, Jun 29th. This represents a $0.68 annualized dividend and a dividend yield of 4.49%. AmTrust Financial Services's payout ratio is presently 32.69%.

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Quite a few analysts have commented on AFSI. FBR & Co restated an "outperform" rating and set a $22.00 price objective (up from $16.00) on shares of AmTrust Financial Services in a research note on Friday, June 9th.

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company. AmTrust Financial Services now has an average rating of "Hold" and a consensus price target of $22.75. Kennedy Capital Management Inc sold 45,138 shares as Amtrust Financial Services Inc (AFSI)'s stock declined 55.63%. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The stock was sold at an average price of $13.08, for a total value of $65,400.00.

In related news, SVP Stephen Ungar sold 5,000 shares of AmTrust Financial Services stock in a transaction on Monday, May 15th. Following the completion of the sale, the senior vice president now directly owns 169,518 shares in the company, valued at approximately $2,217,295.44. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last 90 days, insiders sold 24,000 shares of company stock valued at $411,770. The company holds 173.61 million outstanding shares and 84.64 million shares are floating in market. The Company, through its subsidiaries, provides specialty property and casualty insurance focusing on workers' compensation and commercial package coverage for small business, specialty risk and extended warranty coverage, and property and casualty coverage for middle market business.