AFSI AmTrust Financial Services, Inc. featured news, full reports, and detailed charts
AmTrust Financial Services, Inc. (AFSI) Wrap Up:
This Annual Report on Form 10-K, together with other statements and information publicly disseminated by AmTrust Financial Services, Inc. (“AmTrust,” the “Company,” “we,” “our,” or “us”) is a multinational specialty property and casualty insurance holding company with operations in the United States, Europe and Bermuda. We principally provide insurance for small businesses and extended warranty coverages for consumer and commercial goods. Our products cover large numbers of insureds and have loss profiles which we believe are predictable. We target lines of insurance that we believe are generally underserved by larger insurance carriers. We have grown by hiring teams of underwriters with expertise in our specialty lines and through acquisitions of renewal rights to established books of specialty insurance business. Our principal operating subsidiaries are rated “A-” (Excellent) by A.M. Best Company (“A.M. Best”), which rating is the fourth highest of 16 rating levels. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f14%2f0001144204-08-015477.html#FIS_BUSINESS"AmTrust Financial Services, Inc. (AFSI:NASDAQ)
Snapshot of AmTrust Financial Services, Inc. (AFSI)
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OPEN
$11.67
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PREVIOUS CLOSE
$11.81
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DAY HIGH
$12.10
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DAY LOW
$11.67
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52 WEEK HIGH
08/14/09 - $13.10
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52 WEEK LOW
11/21/08 - $5.95
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MARKET CAP
715.8M
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AVERAGE VOLUME 3 mo
132.5K
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DILUTED EPS TTM
$1.67
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SHARES OUTSTANDING
59.3M
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EX-DATE
12/30/09
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P/E TTM
7.2x
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DIVIDEND
$0.24
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DIVIDEND YIELD
1.99%
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| K = Thousands M = Millions B = Billions | ||
AFSI Top Compensated Officers
Executives, Board Directors
Key developments for AmTrust Financial Services, Inc. (AFSI)
AmTrust Financial Services, Inc. announced that its board of directors approved a quarterly cash dividend of $0.06 per share of common stock. The dividend is payable on January 15, 2010 to shareholders of record as of January 4, 2010.
AmTrust Financial Services Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported gross written premium of $295,942,000, total revenues of $182,038,000, income from continuing operations of $35,589,000, income from continuing operations before provision for income taxes of $32,328,000, operating earnings of $31,795,000, net income available to common shareholders of $24,221,000 or $0.40 diluted per share against gross written premium of $281,206,000, total revenues of $107,704,000, income from continuing operations of $10,999,000, income from continuing operations before provision for income taxes of $7,832,000, operating earnings of $39,186,000, net income available to common shareholders of $9,361,000 or $0.15 diluted per share for the same period a year ago. For the nine months, the company reported gross written premium of $833,698,000, total revenues of $536,418,000, income from continuing operations of $104,760,000, income from continuing operations before provision for income taxes of $93,965,000, operating earnings of $93,744,000, net income available to common shareholders of $75,154,000 or $1.25 diluted per share against gross written premium of $817,024,000, total revenues of $408,596,000, income from continuing operations of $79,271,000, income from continuing operations before provision for income taxes of $68,078,000, operating earnings of $92,580,000, net income available to common shareholders of $57,974,000 or $0.95 diluted per share for the same period a year ago.
AmTrust Financial Services, Inc., Q3 2009 Earnings Call, Nov-04 2009
AFSI Competitors
| Company | Last | Change |
| Employers Holdings Inc | $15.18 USD | +0.01 |
| Flagstone Reinsurance Holdings Ltd | $10.92 USD | +0.03 |
| Infinity Property and Casualty Corp | $39.88 USD | +0.07 |
| Navigators Group Inc | $47.63 USD | +0.07 |
| Safety Insurance Group Inc | $36.15 USD | +0.54 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | AFSI | Industry Range |
| Price/Earnings | 7.2x |
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| Price/Sales | 1.0x |
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| Price/Book | 1.5x |
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| Price/Cash Flow | 7.2x |
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| TEV/Sales | NM | Not Meaningful |
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AFSI |
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AFSI transactions
| Type Date |
Target |
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Private Placement
October 16, 2009 |
American Capital Partners, LLC |
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Merger/Acquisition
August 25, 2009 |
CyberComp |
