AMERISAFE INC (AMSF) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does AMERISAFE INC Do?
AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company's workers' compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. It serves small to mid-sized employers engaged in hazardous industries, including construction, trucking, logging and lumber, agriculture, manufacturing, telecommunications, and maritime. The company was incorporated in 1985 and is based in DeRidder, Louisiana. AMERISAFE INC (AMSF) is classified as a small-cap stock in the Financials sector, specifically within the Insurance industry. The company is led by CEO Gerry J. Frost and employs approximately 350 people, headquartered in DERIDDER, Louisiana. With a market capitalization of $612M, AMSF is one of the notable companies in the Financials sector.
AMERISAFE INC (AMSF) Stock Rating — Hold (April 2026)
As of April 2026, AMERISAFE INC receives a Hold rating with a composite score of 52.3/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.AMSF ranks #1,407 out of 4,446 stocks in our coverage universe. Within the Financials sector, AMERISAFE INC ranks #424 of 891 stocks, placing it in the upper half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AMSF Stock Price and 52-Week Range
AMERISAFE INC (AMSF) currently trades at $32.85. The stock lost $1.02 (3.0%) in the most recent trading session. The 52-week high for AMSF is $53.27, which means the stock is currently trading -38.3% from its annual peak. The 52-week low is $32.00, putting the stock 2.7% above its annual trough. Recent trading volume was 138K shares, suggesting relatively thin trading activity.
Is AMSF Overvalued or Undervalued? — Valuation Analysis
AMERISAFE INC (AMSF) carries a value factor score of 71/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 12.41x, compared to the Financials sector average of 14.88x — a discount of 17%. The price-to-book ratio stands at 2.52x, versus the sector average of 1.22x. The price-to-sales ratio is 2.02x, compared to 0.90x for the average Financials stock. On an enterprise value basis, AMSF trades at 9.91x EV/EBITDA, versus 3.26x for the sector.
Based on these multiples, AMERISAFE INC appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
AMERISAFE INC Profitability — ROE, Margins, and Quality Score
AMERISAFE INC (AMSF) earns a quality factor score of 70/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 20.3%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 4.5% versus the sector average of 1.2%.
On a margin basis, AMERISAFE INC reports gross margins of 0.0%. The operating margin is 20.2% (sector: 21.8%). Net profit margin stands at 16.2%, versus 17.7% for the average Financials stock. Revenue growth is running at 8.1% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
AMSF Debt, Balance Sheet, and Financial Health
AMERISAFE INC has a debt-to-equity ratio of 349.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.29x, suggesting adequate working capital coverage. Total debt on the balance sheet is $0. Cash and equivalents stand at $55M.
AMSF has a beta of 0.26, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for AMERISAFE INC is 81/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
AMERISAFE INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, AMERISAFE INC reported revenue of $314M and earnings per share (EPS) of $2.48. Net income for the quarter was $51M. Gross margin was 0.0%. Operating income came in at $64M.
In FY 2025, AMERISAFE INC reported revenue of $317M and earnings per share (EPS) of $2.48. Net income for the quarter was $47M. Revenue grew 2.7% year-over-year compared to FY 2024. Operating income came in at $59M.
In Q3 2025, AMERISAFE INC reported revenue of $82M and earnings per share (EPS) of $0.73. Net income for the quarter was $14M. Revenue grew 4.2% year-over-year compared to Q3 2024. Operating income came in at $17M.
In Q2 2025, AMERISAFE INC reported revenue of $81M and earnings per share (EPS) of $0.73. Net income for the quarter was $14M. Revenue grew 6.9% year-over-year compared to Q2 2024. Operating income came in at $17M.
Over the past 8 quarters, AMERISAFE INC has demonstrated a growth trajectory, with revenue expanding from $76M to $314M. Investors analyzing AMSF stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AMSF Dividend Yield and Income Analysis
AMERISAFE INC (AMSF) does not currently pay a dividend. This is common among smaller companies in the Insurance industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Financials dividend stocks may want to explore other Financials stocks or use the stock screener to filter by dividend yield.
AMSF Momentum and Technical Analysis Profile
AMERISAFE INC (AMSF) has a momentum factor score of 24/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 30/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 36/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
AMSF vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, AMERISAFE INC (AMSF) ranks #424 out of 891 stocks based on the Blank Capital composite score. This places AMSF in the upper half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing AMSF against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMSF vs S&P 500 (SPY) comparison to assess how AMERISAFE INC stacks up against the broader market across all factor dimensions.
AMSF Next Earnings Date
No upcoming earnings date has been announced for AMERISAFE INC (AMSF) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AMSF? — Investment Thesis Summary
AMERISAFE INC presents a balanced picture with arguments on both sides. The quality score of 70/100 indicates above-average profitability and business fundamentals. The value score of 71/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 24/100, a headwind for near-term performance. Low volatility (stability score 81/100) reduces downside risk.
In summary, AMERISAFE INC (AMSF) earns a Hold rating with a composite score of 52.3/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMSF stock.
Related Resources for AMSF Investors
Explore more research and tools: AMSF vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMSF head-to-head with peers: AMSF vs WTM, AMSF vs OPY, AMSF vs ACT.