Published on 29 Feb 2024 on Zacks via Yahoo Finance
Why Are Prudent Investors Favoring AMERISAFE (AMSF) Shares Now?
AMERISAFE, Inc. AMSF is strategically positioned for growth, leveraging investment income, cost-cutting initiatives and a robust balance sheet. The high interest rate environment continues to support its investment income.
Outperformer & Zacks Rank
Over the past three months, shares of AMERISAFE have rallied 9.8%, outperforming the industry’s 0.5% rise. Headquartered in DeRidder, LA, AMSF is a specialty provider of workers’ compensation insurance. It focuses on providing coverage to small to mid-sized employers engaged in hazardous industries and has a market cap of $1 billion.