AmTrust Financial Services, Inc. (NASDAQ:AFSI) Updates On Dividend Release Date


On 2016-08-03, AmTrust Financial Services, Inc. (NASDAQ:AFSI) confirmed the dividend disbursement of $0.17 a share to shareholders as on record 2016-10-05. The firm will release dividend on 2016-10-19 while ex-dividend date is reported to be 2016-10-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, AmTrust Financial Services, Inc. (NASDAQ:AFSI) paid a total of $0.17 per share in dividends. This figure stood at $0.17 a share in the same period a year ago indicating a deviation of 29.4118%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $37.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $43 and $33, respectively.

Taking the mathematical rating formula, the price for AmTrust Financial Services, Inc. (NASDAQ:AFSI) stands at 1.2. Earnings Review AmTrust Financial Services, Inc. (NASDAQ:AFSI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.73.

Coming to the quarter ending on 2015-12-31, AmTrust Financial Services, Inc. (NASDAQ:AFSI) recorded EPS of $0.81. The reported numbers came lower than the analysts’ estimates of $0.71, demonstrating a miss of $0.1 as against reported figures.

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