AMERISAFE Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for AMERISAFE stock have an average target of 59.5, with a low estimate of 54 and a high estimate of 65. The average target predicts an increase of 10.57% from the current stock price of 53.81.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$54	$59.5	$65	$65
Change	+0.35%	+10.57%	+20.80%	+20.80%

Analyst Ratings

The average analyst rating for AMERISAFE stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	0	0	0	0	0	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	1	1	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Mark Hughes Truist Securities	Truist Securities	Hold Maintains $48 → $54	Hold	Maintains	$48 → $54	+0.35%	Oct 25, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+20.80%	Oct 15, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+20.80%	Jul 30, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+20.80%	Apr 15, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+20.80%	Jul 12, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

315.66M

Revenue Next Year

314.01M

from 315.66M

-0.52%

from 315.66M

EPS This Year

2.55

from 3.23

-21.07%

from 3.23

EPS Next Year

2.40

from 2.55

-6.01%

from 2.55

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	315.66M	314.01M	301.31M
Revenue Growth	-1.95%	-8.33%	-6.92%	-6.75%	4.15%	-	-0.52%	-4.04%
EPS	4.80	4.47	3.39	2.88	3.23	2.55	2.40	2.35
EPS Growth	29.38%	-6.88%	-24.16%	-15.04%	12.15%	-21.07%	-6.01%	-2.09%
Forward PE	-	-	-	-	-	21.11	22.46	22.94
No. Analysts	-	-	-	-	-	6	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	328.1M	334.0M	310.2M
Avg	315.7M	314.0M	301.3M
Low	300.4M	291.7M	289.5M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	5.8%	-1.2%
Avg	-	-0.5%	-4.0%
Low	-	-7.6%	-7.8%

EPS Forecast

EPS	2024	2025	2026
High	2.68	2.63	2.42
Avg	2.55	2.40	2.35
Low	2.40	2.11	2.25

EPS Growth

EPS Growth	2024	2025	2026
High	-17.2%	3.0%	0.8%
Avg	-21.1%	-6.0%	-2.1%
Low	-25.7%	-17.4%	-5.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.