AMERISAFE Inc. (AMSF) Releases Q4 2025 Earnings: Revenue Up but EPS Miss

AMERISAFE Inc. (AMSF) reported fourth-quarter 2025 revenue of $81.6 million, up 10.21% year‑over‑year.

Quarterly revenue vs. consensus: $81.6 million actual vs. $81.9 million estimate.

Profitability and margins showed mixed results:

Gross profit: $34.2 million (down 6.5% YoY).

Cost of sales: $47.4 million (up 26.5% YoY).

Operating profit: $6.8 million (down 165.09% YoY).

Net income attributable to common shareholders: $13.8 million (up 4.73% YoY).

Diluted earnings per share: $0.55 (down 20.29% YoY).

Cash flow and capital spending highlights:

Cash used in operating activities: -$8.4 million (down 177.98% YoY).

Purchases of property, plant and equipment: -$1.1 million (up 7,628.57% YoY).

Cash and cash equivalents on hand: $61.9 million (up 40.6% YoY).

Balance sheet note:

Total liabilities stood at $890.2 million, a 1.14% decline year‑over‑year.

Analyst comparisons:

Reported diluted EPS of $0.55 versus an estimate of $0.61.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

AMERISAFE Inc. Insider Trading Activity

AMERISAFE Inc. insiders have traded $AMSF stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $AMSF stock by insiders over the last 6 months:

ANASTASIOS OMIRIDIS (EVP-CFO) has made 0 purchases and 2 sales selling 2,482 shares for an estimated $100,455.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

AMERISAFE Inc. Hedge Fund Activity

We have seen 95 institutional investors add shares of AMERISAFE Inc. stock to their portfolio, and 130 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHAMPLAIN INVESTMENT PARTNERS, LLC removed 298,361 shares (-37.8%) from their portfolio in Q4 2025, for an estimated $11,460,046
GOLDMAN SACHS GROUP INC added 248,105 shares (+55.4%) to their portfolio in Q4 2025, for an estimated $9,529,713
MORGAN STANLEY removed 220,004 shares (-49.4%) from their portfolio in Q4 2025, for an estimated $8,450,353
QUBE RESEARCH & TECHNOLOGIES LTD added 128,402 shares (+122.2%) to their portfolio in Q4 2025, for an estimated $4,931,920
ASSENAGON ASSET MANAGEMENT S.A. added 107,906 shares (+inf%) to their portfolio in Q4 2025, for an estimated $4,144,669
ALPS ADVISORS INC removed 105,941 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $4,644,453
MARSHALL WACE, LLP added 95,687 shares (+138.8%) to their portfolio in Q4 2025, for an estimated $3,675,337

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

AMERISAFE Inc. Analyst Ratings

Wall Street analysts have issued reports on $AMSF in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

JMP Securities issued a "Market Outperform" rating on 10/14/2025

To track analyst ratings and price targets for AMERISAFE Inc., check out Quiver Quantitative's $AMSF forecast page.

AMERISAFE Inc. Price Targets

Multiple analysts have issued price targets for $AMSF recently. We have seen 2 analysts offer price targets for $AMSF in the last 6 months, with a median target of $57.5.

Here are some recent targets:

Matthew Carletti from Citizens set a target price of $55.0 on 01/16/2026
Matthew J. Carletti from JMP Securities set a target price of $60.0 on 10/14/2025