AmTrust Financial Services, Inc. (NASDAQ:AFSI) Seeing Rampant Activity Today

Xavier Trudeau
Juin 25, 2017

(NASDAQ:AFSI) declared a quarterly dividend on Monday, May 15th, Wall Street Journal reports.

The share price of AmTrust Financial Services, Inc. Noting its average daily volume at 3.44 million shares each day over the month, this signifies a pretty significant change over the norm. SG Americas Securities LLC now owns 8,673 shares of the insurance provider's stock valued at $160,000 after buying an additional 3,173 shares in the last quarter. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmTrust Financial Services, Inc. with MarketBeat.com's FREE daily email newsletter. Finally, Comerica Bank purchased a new position in shares of AmTrust Financial Services during the fourth quarter worth $208,000. OLD National Bancorp IN now owns 12,958 shares of the insurance provider's stock worth $239,000 after buying an additional 610 shares during the period.

Raymond James Financial Services Advisors Inc. purchased a new stake in shares of AmTrust Financial Services, Inc. The share price was last seen 4.41% higher, reaching at $14.22 on Jun. 22, 2017. The company saw 2.37 million shares trade hands over the course of the day. The firm has a 50 day moving average of $13.51 and a 200-day moving average of $20.93.

03/10/2015 - AmTrust Financial Services, Inc. was upgraded to " by analysts at Zacks. The company has a market capitalization of $2.43 billion, a PE ratio of 8.16 and a beta of 1.17.

AmTrust Financial Services (NASDAQ:AFSI) last announced its earnings results on Monday, May 8th. The Lower end of the earnings estimate is $0.51, while the higher end of the earnings estimate is $0.59. The business had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.35 billion. AmTrust Financial Services had a return on equity of 16.55% and a net margin of 7.55%. On average, analysts predict that AmTrust Financial Services will post $1.89 earnings per share for the current year. Shareholders of record on Monday, July 3rd will be paid a dividend of 0.17 per share by the insurance provider on Monday, July 17th.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. The ex-dividend date is Thursday, June 29th. AmTrust Financial Services's dividend payout ratio is now 32.69%. AmTrust Financial Services has a 12-month low of $11.80 and a 12-month high of $28.48. "(AFSI)" was originally reported by Stock Observer and is owned by of Stock Observer. If you are viewing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide copyright and trademark law. The correct version of this news story can be accessed at https://transcriptdaily.com/2017/06/23/amtrust-financial-services-inc-afsi-stock-rating-lowered-by-valuengine-updated-updated.html.

Several equities research analysts recently issued reports on the company.

AmTrust Financial Services, Inc. JMP Securities decreased their price objective on shares of AmTrust Financial Services from $35.00 to $31.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 28th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $16.00 price objective on shares of AmTrust Financial Services in a research report on Friday, May 12th. TheStreet cut shares of AmTrust Financial Services from a "b-" rating to a "c" rating in a research report on Monday, May 1st.

General Motors Company was covered by a number of analysts recently, 3 rated the stock as Buy, 1 rated Outperform, 1 rated Hold, 0 gave an Underperform and 0 rated sell. (NASDAQ:AFSI). At the time of writing, the First Call consensus price target for the company is $19.00.

In related news, SVP Stephen Ungar sold 5,000 shares of the business's stock in a transaction dated Monday, April 17th. The shares were sold at an average price of $13.92, for a total value of $69,600.00. Following the transaction, the senior vice president now owns 169,518 shares in the company, valued at $2,646,175.98. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

In other news, EVP Michael J. Saxon sold 9,000 shares of the firm's stock in a transaction on Tuesday, April 4th. The shares were sold at an average price of $15.61, for a total transaction of $78,050.00. Following the transaction, the executive vice president now directly owns 535,946 shares of the company's stock, valued at approximately $11,833,687.68. The disclosure for this sale can be found here. Insiders sold 24,000 shares of company stock worth $411,770 in the last 90 days.

Amtrust Financial Services, Inc (AmTrust) is an insurance holding company.

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