AMERISAFE Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for AMERISAFE stock has a target of 65, which predicts an increase of 36.78% from the current stock price of 47.52.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$65	$65	$65
Change	+36.78%	+36.78%	+36.78%	+36.78%

* Price targets were last updated on Apr 15, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for AMERISAFE is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	1	1
Hold	1	1	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	1	1	1	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+36.78%	Apr 15, 2024
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+36.78%	Jul 12, 2023
Matthew Carletti JMP Securities	JMP Securities	Buy Reiterates $65	Buy	Reiterates	$65	+36.78%	Apr 27, 2023
Matthew Carletti JMP Securities	JMP Securities	Buy Initiates $65	Buy	Initiates	$65	+36.78%	Apr 18, 2023
Robert Farnam Janney Montgomery Scott	Janney Montgomery Scott	Hold Initiates $58	Hold	Initiates	$58	+22.05%	Feb 24, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

309.09M

from 306.85M

0.73%

from 306.85M

Revenue Next Year

303.42M

from 309.09M

-1.83%

from 309.09M

EPS This Year

2.61

from 3.23

-19.09%

from 3.23

EPS Next Year

2.40

from 2.61

-8.31%

from 2.61

Year	2019	2020	2021	2022	2023	2024	2025
Revenue	370.37M	339.48M	315.93M	294.74M	306.85M	309.09M	303.42M
Revenue Growth	-1.95%	-8.34%	-6.94%	-6.71%	4.11%	0.73%	-1.83%
EPS	4.80	4.47	3.39	2.88	3.23	2.61	2.40
EPS Growth	29.38%	-6.87%	-24.16%	-15.04%	12.15%	-19.09%	-8.31%
Forward PE	-	-	-	-	-	18.18	19.83
No. Analysts	-	-	-	-	-	6	6

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

Revenue Forecast

Revenue	2024	2025
High	318.9M	319.5M
Avg	309.1M	303.4M
Low	296.3M	284.9M

Revenue Growth

Revenue Growth	2024	2025
High	3.9%	3.4%
Avg	0.7%	-1.8%
Low	-3.5%	-7.8%

EPS Forecast

EPS	2024	2025
High	2.83	2.78
Avg	2.61	2.40
Low	2.30	1.96

EPS Growth

EPS Growth	2024	2025
High	-12.3%	6.5%
Avg	-19.1%	-8.3%
Low	-28.7%	-25.0%

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.