|Bid||12.11 x 200|
|Ask||13.00 x 200|
|Day's range||12.87 - 13.48|
|52-week range||8.80 - 27.91|
|PE ratio (TTM)||N/A|
|Earnings date||26 Feb 2018 - 2 Mar 2018|
|Forward dividend & yield||0.68 (5.17%)|
|1y target est||14.13|
Since the founding family of AmTrust Financial Services (AFSI) offered to take the insurer private on January 9, the company’s previously sinking common stock is up more than 25% and remains comfortably above the $12.25 a share offer. Preferred shareholders seem to have taken the buyout as bad news, steepening the original six-month selloff in AmTrust equities that followed the New York-based insurer’s disclosure of hundreds of million of dollars in overstated corporate earnings and under-reserved insurance losses. AmTrust’s preferred issues have dropped about 20% since the Karfunkel family offered $1.4 billion to buy the common shares it doesn’t own, with the backing of the private-equity firm Stone Point Capital.
NEW YORK, Jan. 19, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (“AmTrust”), announced that the special committee of its board of directors has retained Deutsche Bank Securities Inc. as its financial advisor. The Special Committee, with the assistance of Deutsche Bank and its legal advisor, Willkie Farr & Gallagher LLP, is evaluating the proposal received on January 9, 2018 from private equity funds managed by Stone Point Capital LLC, together with Barry D. ...
Roy Jacobs & Associates announces that it is investigating possible claims involving the rights of AFSI preferred stockholders, Series A through F .
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of AmTrust Financial Services, Inc. by Stone Point Capital LLC, together with Barry D.
The stock of AmTrust Financial Services (AFSI) jumped 25% today, to close at $12.69, after the insurer's founding family offered to take the company private for $12.25 a share cash. If the deal goes ahead, after review by a board committee and state regulators, AmTrust's disappearance from public markets will end the public trials of a company that once was America's fastest-growing seller of casualty and workers compensation insurance. Given AmTrust’s financial struggles, however, insurance regulators will study the deal closely.
NEW YORK, Jan. 10, 2018 (GLOBE NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”), announced that its board of directors appointed a special committee to consider the January 9, 2018, proposal from private equity funds managed by Stone Point Capital LLC, together with Barry D. Zyskind, Chairman and CEO of AmTrust, George Karfunkel and Leah Karfunkel (collectively, the “Karfunkel-Zyskind Family”), to acquire all of the outstanding shares of common stock of AmTrust that the Karfunkel-Zyskind Family does not already own or control for $12.25 per share in ...
A.M. Best has commented that the Long-Term Issuer Credit Rating of “bbb” of AmTrust Financial Services, Inc. and all associated Long-Term Issue Credit Ratings and indicative Long-Term Issue Credit Ratings, as well as the Long-Term ICRs and Financial Strength Ratings of its operating subsidiaries are unchanged by the announcement today that private equity funds managed by Stone Point Capital ...
OLDWICK, N.J.--(BUSINESSWIRE)-- A.M. Best has commented that the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” of AmTrust Financial Services, Inc . (AFSI) (headquartered in New ...
TapSafe™, a new warranty app and platform launched today by AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”), a multinational property and casualty insurer, at the CES show in Las Vegas, will enable consumers to automatically find, identify and protect all of their connected devices including phones, tablets, smart home hubs, wearables and more. The new product, developed by AmTrust Innovation, the products and services innovation arm of AmTrust Financial, allows users to buy warranty protection and technical support for any connected devices.
AmTrust Financial (AFSI) reported earnings more than 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
It seems to be a wise decision for investors to drop AmTrust Financial Services (AFSI) stock considering its negative estimate revision, price depreciation as well as unfavorable Zacks rank.
On a per-share basis, the New York-based company said it had a loss of 89 cents. Losses, adjusted for non-recurring costs, were 4 cents per share. The insurer posted revenue of $1.46 billion in the period. ...
AmTrust Financial's (AFSI) transfer of majority of its U.S.-based fee business stake to Madison Dearborn Partners might strengthen its balance sheet that in turn will support growth initiatives.
A.M. Best has placed under review with negative implications the Long-Term Issuer Credit Rating of “bbb” and the Long-Term Issue Credit Ratings of AmTrust Financial Services, Inc.
AmTrust Financial's (AFSI) third-quarter catastrophe loss estimates between $40 million and $65 million are likely to hurt the insurer's underwriting profitability.