Amerisafe Q3 gross premiums rise 7.2%, adjusted EPS misses estimates

Amerisafe

29/10/2025 20:34

Overview

Workers’ compensation insurance company Amerisafe's Q3 gross premiums rise 7.2% yr/yr

Adjusted EPS for Q3 misses analyst expectations

Net investment income for Q3 falls 12.3% yr/yr due to decreased investable assets

Outlook

Company did not provide specific future financial guidance

Result Drivers

VOLUNTARY PREMIUMS - Voluntary premiums on policies written increased 10.6%, driven by strong policy retention and new business production

UNDERWRITING EXPENSES - Underwriting expense ratio improved to 31.1% from 31.7%, reflecting benefits of scale from portfolio growth

INVESTMENT INCOME DECLINE - Net investment income decreased 12.3% due to decreased investable assets following a special dividend

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Gross Premiums
$80.32 mln
Q3 Adjusted EPS
Miss
$0.55
$0.56 (4 Analysts)
Q3 EPS
$0.72
Q3 Net Income
$13.82 mln
Q3 Combined Ratio
90.60%
Q3 Underwriting Profit
$6.69 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the property & casualty insurance peer group is "buy."

Wall Street's median 12-month price target for Amerisafe Inc is $50.00, about 18.8% above its October 28 closing price of $40.60

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw3CHfZJa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)