Amerisafe

AMSF · NASDAQ

$25.35+$0.01 (+0.04%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $25.34

AMSF analyst rating

BuyConsensus of 2 analysts over the last 12 months. 50% rate it a buy.

Strong buy0
Buy1
Hold1
Underperform0
Sell0

12-month price target · 6 analysts

Average $37.34 (+47.3% upside)

Low: $32.32
Now: $25.35
High: $44.10

Upgrades and downgrades

The latest rating actions, newest first

AMSF analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Truist Securities	Oct 13, 2026	Maintains	Hold	$32.00 → $27.00	68%
Citizens	Oct 12, 2026	Maintains	Market Outperform	$42.00 → $40.00	69%
Truist Securities	Jul 23, 2026	Maintains	Hold	$34.00 → $32.00	68%
Truist Securities	Apr 23, 2026	Maintains	Hold	$36.00 → $34.00	68%
Citizens	Apr 13, 2026	Maintains	Market Outperform	$50.00 → $45.00	69%
Truist Securities	Feb 27, 2026	Maintains	Hold	$45.00 → $36.00	68%
Citizens	Jan 16, 2026	Maintains	Market Outperform	$60.00 → $55.00	69%

The case for and against

Updated Oct 19, 2025

Bull case

AMERISAFE Inc has demonstrated a robust growth trajectory, with gross written premiums (GWP) increasing by 5%, aligning perfectly with estimates and underscoring a notable rise in voluntary premium growth at 7.1%. The company’s strategic focus on enhancing incremental growth while maintaining strict underwriting standards is yielding positive results, mitigating the temporary challenges posed by difficult audit comparisons. Furthermore, prior-period reserve development has provided a strong 12.7 point benefit, reinforcing the company's financial stability and outlook.

Bear case

AMERISAFE Inc. has reported a book value of $13.69 per share, which represents only a marginal increase from previous estimates and highlights potential stagnation in financial growth. The company faces significant risks, including adverse development of loss reserves and a possible decline in market conditions, which could negatively impact its revenue derived from premiums. Additionally, unfavorable changes in the regulatory and legislative environments in its operating states further exacerbate the uncertainty surrounding the company's financial stability.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.