earnings
confidence high
sentiment negative
materiality 0.80
AMERISAFE Q4 net income $3.5M (EPS $0.18) down 87.6% YoY; dividend raised 6.9% to $0.31
AMERISAFE INC
2021-FY EPS reported
$3.39
revenue$315,934,000
- Q4 diluted EPS $0.18 vs $1.47 LY; net income $3.5M, down 87.6% YoY.
- Full year diluted EPS $3.39 vs $4.47 LY; net income $65.8M, down 24.1%.
- Full year combined ratio 85.7% vs 76.3%; catastrophic claim added $24M to loss estimates.
- Quarterly dividend raised 6.9% to $0.31/share, payable March 25 to record March 11.
- Full year underwriting profit $39.4M, down 45.1% from $71.8M.