AFSI - AmTrust Financial Services, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
14.56
0.00 (0.00%)
At close: 4:00PM EDT
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Previous Close14.56
Open14.56
Bid14.53 x 500
Ask14.60 x 500
Day's Range14.56 - 14.60
52 Week Range8.80 - 16.37
Volume332,954
Avg. Volume1,848,401
Market Cap2.859B
Beta1.30
PE Ratio (TTM)12.50
EPS (TTM)1.16
Earnings DateAug 6, 2018 - Aug 10, 2018
Forward Dividend & Yield0.68 (4.67%)
Ex-Dividend Date2018-03-29
1y Target Est12.75
Trade prices are not sourced from all markets
  • ACCESSWIRE6 days ago

    Breakfast Technical Briefing on American International Group and Three Other Additional Insurance Stocks

    For today, WallStEquities.com observes The Hartford Financial Services Group Inc. (NYSE: HIG), Validus Holdings Ltd (NYSE: VR), American International Group Inc. (NYSE: AIG), and AmTrust Financial Services Inc. (NASDAQ: AFSI). Companies in the Property and Casualty Insurance industry sell property insurance (insurance on homes, cars, and businesses) and casualty insurance (liability insurance).

  • InvestorPlace17 days ago

    The AmTrust Buyout Could Be a No-Lose Deal for Investors

    Shares of commercial insurer AmTrust (NASDAQ:AFSI) were scheduled to open Jul. 3 at $14.60 per share, despite having been approved for sale to private equity at $14.75 per share. AmTrust is a property and casualty insurance company specializing in small businesses and workers’ compensation. Shareholders including Carl Icahn approved a sweetened bid for the company last month.

  • AmTrust's Ratings Downgraded by A.M. Best, Outlook Stable
    Zacks18 days ago

    AmTrust's Ratings Downgraded by A.M. Best, Outlook Stable

    Rating giant A.M. Best downgrades the ratings for AmTrust Financial (AFSI) with the outlook remaining stable. The ratings denote the company's sturdy balance sheet and its sustained operating efficiency.

  • Business Wire19 days ago

    A.M. Best Removes from Under Review with Negative Implications and Downgrades Credit Ratings of AmTrust Financial Services, Inc. and Most Subsidiaries; Assigns Stable Outlook

    A.M. Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” from “a” for the members of the AmTrust Group (AmTrust). In addition, A.M. Best has removed from under review with negative implications and downgraded the Long-Term ICR of AmTrust Financial Services, Inc. (AFSI) [NASDAQ: AFSI] to “bbb-” from “bbb” and downgraded all of AFSI’s Long-Term Issue Credit Ratings (Long-Term IRs) and Indicative Long-Term IRs by one notch.

  • GlobeNewswire19 days ago

    A.M. Best Assigns “A-” (Excellent) Rating and Stable Outlook to Insurance Subsidiaries of AmTrust Financial Services, Inc.

    AmTrust Financial Services, Inc. (AFSI) (“AmTrust” or the “Company”) announced today that A.M. Best has removed AmTrust’s rating from under review with negative implications, and assigned AmTrust’s insurance subsidiaries a Financial Strength Rating of “A-” (Excellent) with a Stable outlook. In its press release announcing the rating action, A.M. Best noted AmTrust’s balance sheet strength, which it categorizes as “very strong”.

  • See what the IHS Markit Score report has to say about Amtrust Financial Services Inc.
    Markit22 days ago

    See what the IHS Markit Score report has to say about Amtrust Financial Services Inc.

    Amtrust Financial Services Inc NASDAQ/NGS:AFSI

  • Should You Buy AmTrust Financial Services Inc (NASDAQ:AFSI) At This PE Ratio?
    Simply Wall St.last month

    Should You Buy AmTrust Financial Services Inc (NASDAQ:AFSI) At This PE Ratio?

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to better understand how you canRead More...

  • The Wall Street Journallast month

    [$$] AmTrust Goes Private in $2.95 Billion Cash Deal

    AmTrust Financial Services Inc. said Thursday that shareholders approved its plan to be taken private by two New York families and a private-equity firm. The bid was initially challenged by activist investor Carl Icahn, who recently owned as much as a 9.4% stake in the company. Mr. Icahn said the first deal was “happening at the wrong price at the wrong time” and was an attempt by the families and firm to manipulate shareholders into voting for a deal that benefits only them.

  • GlobeNewswirelast month

    AmTrust Stockholders Approve Amended Merger Transaction

    AmTrust Financial Services, Inc. (AFSI) ("AmTrust" or the "Company") announced today that, based on a certified vote tally from the Special Meeting held today, AmTrust stockholders have approved the proposed amended merger transaction in which Evergreen Parent, L.P., an entity formed by private equity funds managed by Stone Point Capital LLC ("Stone Point"), together with Barry Zyskind, Chairman and CEO of AmTrust, George Karfunkel and Leah Karfunkel (collectively, the "Karfunkel-Zyskind Family"), will acquire the approximately 45% of the Company's issued and outstanding common shares that the Karfunkel-Zyskind Family and certain of its affiliates and related parties do not presently own or control. In connection with the transaction, AmTrust stockholders will receive $14.75 in cash for each share of AmTrust common stock they own.

  • ACCESSWIRElast month

    Today's Free Research Reports Coverage on American International Group and Three More Insurance Stocks

    On Thursday, shares in Mayfield Village, Ohio headquartered The Progressive Corp. recorded a trading volume of 3.25 million shares, which was above their three months average volume of 3.15 million shares. The stock ended the session 1.01% lower at $61.89.

  • ACCESSWIRElast month

    Wired News – Arca Capital Opposes Zyskind/Karfunkel Family’s Revised Offer to Acquire AmTrust Financial

    LONDON, UK / ACCESSWIRE / June 12, 2018 / If you want access to our free research report on AmTrust Financial Services, Inc. (NASDAQ: AFSI) ("AmTrust"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=AFSI as the Company's latest news hit the wire. On June 08, 2018, Arca Capital shared that it is against the revised offer made by the Zyskind/Karfunkel Family to acquire AmTrust. Arca Capital is one of the major investors of AmTrust and owns approximately 2.4% shares in the Company.

  • GlobeNewswirelast month

    Leading Proxy Advisory Firm ISS Recommends AmTrust Stockholders Vote “FOR” Amended Merger Agreement with Evergreen Parent

    AmTrust Financial Services, Inc. (AFSI) (the "Company" or "AmTrust") today announced that leading independent proxy advisory firm Institutional Shareholder Services, Inc. (“ISS”) has recommended that AmTrust stockholders vote “FOR” the Company’s amended merger agreement with Evergreen Parent, L.P., an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital LLC (“Stone Point”), at the upcoming Special Meeting of Stockholders on June 21, 2018. Under the terms of the amended agreement, Evergreen will acquire the approximately 45% of the Company's shares of common stock that the Karfunkel-Zyskind Family and certain of its affiliates and related parties do not already own or control for $14.75 per share in cash, subject to regulatory approval and other closing conditions.

  • GlobeNewswirelast month

    AmTrust Financial Services, Inc. Appoints J. Daniel Hickey Group Chief Underwriting Officer

    AmTrust Financial Services, Inc. (AFSI) (the “Company” or “AmTrust”) today announced that J. Daniel Hickey has taken on the role of Group Chief Underwriting Officer. Mr. Hickey joined AmTrust in July 2017 as Executive Vice President, Business Strategy and Business Development. Over the past year, Mr. Hickey has overseen the Company’s business strategy planning function, and been responsible for AmTrust’s business development, identifying and managing key partner relationships, as well as organic business opportunities available to AmTrust throughout its global business platform.

  • AmTrust Shares Rise After Evergreen Parent Sweetens Bid
    Zackslast month

    AmTrust Shares Rise After Evergreen Parent Sweetens Bid

    AmTrust Financial's (AFSI) new offer price of $14.75 per share in cash represents 9.3% increase over previous offer and 45% premium to the closing price on Jan 9, 2018.

  • The Wall Street Journallast month

    [$$] Investors Raise Offer for AmTrust After Pressure From Carl Icahn

    Carl Icahn pushed to get more money from a group of New York families looking to take their insurance company private. On Thursday, a group of investors seeking to take AmTrust Financial Services Inc. private agreed to sweeten their offer to $2.95 billion. In the new deal, the Karfunkel and Zyskind families, along with private-equity firm Stone Point Capital LLC, will boost their offer for the 45% of the company they don’t already control to $14.75 a share, up from the previous offer of $13.50.

  • AmTrust agrees to sweetened $2.95 billion buyout offer
    Reuterslast month

    AmTrust agrees to sweetened $2.95 billion buyout offer

    Evergreen Parent, an entity formed by AmTrust's founding family, its chief executive officer and some private equity funds, will pay $14.75 per share in cash, up from its earlier offer of $13.50 per share, the insurer said. Billionaire investor Icahn, who owns a 9.4 percent stake in the company, had strongly opposed the go-private deal and sued AmTrust and the controlling family, accusing them of trying to take the insurer private at the wrong time and the wrong price. "By raising the merger price to $14.75, over $100 million of incremental value has been created for public stockholders," Icahn said on Thursday.

  • AmTrust agrees to sweetened $2.95 billion buyout offer
    Reuterslast month

    AmTrust agrees to sweetened $2.95 billion buyout offer

    Evergreen Parent, an entity formed by AmTrust's founding family, its chief executive officer and some private equity funds, will pay $14.75 per share in cash, up from its earlier offer of $13.50 per share, the insurer said. Billionaire investor Icahn, who owns a 9.4 percent stake in the company, had strongly opposed the go-private deal and sued AmTrust and the controlling family, accusing them of trying to take the insurer private at the wrong time and the wrong price. "By raising the merger price to $14.75, over $100 million of incremental value has been created for public stockholders," Icahn said on Thursday.

  • Barrons.comlast month

    Icahn Squeezes a Better Deal From AmTrust

    The families controlling AmTrust Financial Services (AFSI) agreed to raise their offer to take the troubled New York insurer private, after Carl Icahn successfully urged shareholders to vote against an earlier offer on June 4. AmTrust's founding Karfunkel and Zyskind families announced this morning that they've boosted their cash bid to $14.75 a share for the 45% of AmTrust in public hands—a 9.3% hike over the $13.50 price that Icahn had denounced as too low by half. Icahn endorsed the new deal, saying in AmTrust's announcement that "over $100 million in incremental value has been created for public stockholders." It also created value for Icahn.

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  • MarketWatchlast month

    AmTrust Financial's stock surges after buyout bid was raised

    AmTrust Financial Services Inc.'s stock surged 2.8% in premarket trade Thursday, after Evergreen Parent LP raised its bid to buy the shares that the Karfunkel-Zyskind family down already own or control to $14.75 a share from $13.50 a share. Evergreen Parent is an entity formed by the Karfunkel-Zyskind family and private equity funds managed by Stone Point Capital LLC. Barry Zyskind is the insurance services company's chairman and chief executive. The new bid, which is 9.3% above the previous agreed upon price in March, values AmTrust at about $2.95 billion.

  • GlobeNewswirelast month

    AmTrust Enters into Amendment to Merger Agreement with Evergreen Parent

    AmTrust Financial Services, Inc. (AFSI) (the "Company" or "AmTrust") announced today that it has entered into an amendment to the merger agreement with Evergreen Parent, L.P., an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital LLC (“Stone Point”).  Under the terms of the amended agreement, Evergreen will acquire the approximately 45% of the Company's shares of common stock that the Karfunkel-Zyskind Family and certain of its affiliates and related parties do not already own or control for $14.75 per share in cash, subject to regulatory approval and other closing conditions.

  • The Wall Street Journal2 months ago

    [$$] AmTrust Delays Shareholder Vote on Going-Private Deal

    AmTrust Financial Services Inc. said it delayed a shareholder vote on its $2.7 billion going-private deal, indicating it doesn’t yet have the votes to approve the transaction in the wake of opposition from activist investor Carl Icahn. In the interim, the Karfunkel family and AmTrust Chairman and Chief Executive Barry Zyskind, the company’s controlling shareholders, plan to meet with Mr. Icahn and other minority shareholders “to determine if there is a basis on upon which the proposed going-private transaction can be completed,” the company said in a statement Monday. Mr. Icahn said in a Monday filing with the Securities and Exchange Commission that he has agreed to meet with AmTrust to discuss the deal.

  • Barrons.com2 months ago

    Shareholders Back Icahn in Refusing AmTrust's Buyout Offer

    AmTrust Financial Services announced this morning that its outside shareholders had spurned a buyout offer by the insurer's controlling family. The defeat was exactly what investor Carl Icahn sought in a short, sharp proxy fight where he called the $13.50 cash offer inadequate. This morning's press release by the company said that a "preliminary assessment" of votes, ahead of a special meeting of shareholders originally set for today, had shown that the buyout had failed to get the support of a majority of the 45% shares not owned by the controlling Karfunkel and Zyskind families (and whose 55% shares weren't counted). "The Karfunkel-Zyskind Family has informed the [c]ompany that they will attempt to find a basis to complete the proposed going-private transaction," said AmTrust's release.

  • GlobeNewswire2 months ago

    AmTrust Announces Intention to Adjourn Special Meeting of Stockholders to June 21, 2018

    AmTrust Financial Services, Inc. (AFSI) (the "Company" or "AmTrust") today announced that it intends to adjourn to June 21, 2018, the Special Meeting to be held to approve the adoption of the merger agreement between the Company and Evergreen Parent, L.P., an entity formed by the Karfunkel-Zyskind Family and private equity funds managed by Stone Point Capital LLC.  Based on a preliminary assessment of votes received by the Company’s proxy solicitor, it appears that the vote to adopt the merger agreement under Section 251 of the General Corporation Law of the State of Delaware has been satisfied, but that the vote of the majority of minority stockholders under the terms of the merger agreement has not been satisfied.

  • Barrons.com2 months ago

    Carl Icahn Sells $552 Million in Herbalife Stock

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