Edition:
United States

AmTrust Financial Services Inc (AFSI.OQ)

AFSI.OQ on NASDAQ Stock Exchange Global Select Market

27.77USD
9 Dec 2016
Change (% chg)

$0.04 (+0.14%)
Prev Close
$27.73
Open
$27.83
Day's High
$28.13
Day's Low
$27.53
Volume
197,232
Avg. Vol
218,742
52-wk High
$32.21
52-wk Low
$23.56

Latest Key Developments (Source: Significant Developments)

Amtrust Financial Services Q3 EPS $0.60
Thursday, 3 Nov 2016 07:00am EDT 

Amtrust Financial Services Inc : Amtrust financial services, inc. Reports third quarter 2016 net income per diluted share(2) of $0.60 and operating earnings per diluted share(1)(2) of $0.73 . Q3 operating earnings per share $0.73 . Q3 earnings per share $0.60 . Q3 revenue rose 15 percent to $1.41 billion .Q3 earnings per share view $0.71 -- Thomson Reuters I/B/E/S.  Full Article

Amtrust Financial Services agrees to acquire Amerihealth Casualty Insurance
Friday, 28 Oct 2016 08:50am EDT 

Amtrust Financial Services Inc : Amtrust financial services, inc. Enters agreement to acquire amerihealth casualty insurance company . Amtrust financial services inc - deal for $90 million in cash .Amtrust financial services inc - transaction is to be funded with existing working capital.  Full Article

AmTrust Financial Services announces 13% increase in common stock cash dividend
Tuesday, 2 Aug 2016 12:47pm EDT 

AmTrust Financial Services Inc : AmTrust Financial Services, Inc. announces 13% increase in the common stock cash dividend .Sets quarterly cash dividend of $0.17 per share.  Full Article

Amtrust Financial Services Q2 earnings per share $0.78
Tuesday, 2 Aug 2016 07:00am EDT 

Amtrust Financial Services Inc : Amtrust Financial Services Inc reports second quarter 2016 net income per diluted share(2) of $0.78 and operating earnings per diluted share(1)(2) of $0.81 . Q2 earnings per share $0.78 . Q2 earnings per share view $0.71 -- Thomson Reuters I/B/E/S . Q2 operating earnings per share $0.81 . Q2 revenue rose 25 percent to $1.39 billion .Q2 net earned premium of $1.18 billion, up 22.0%.  Full Article

AmTrust Financial Services acquires Total Program Management LLC
Thursday, 16 Jun 2016 09:08pm EDT 

AmTrust Financial Services Inc :AmTrust Financial Services Inc acquires Total Program Management LLC.  Full Article

AmTrust Financial Services acquires Total Program Management LLC
Thursday, 16 Jun 2016 07:15pm EDT 

AmTrust Financial Services Inc :AmTrust Financial Services Inc acquires Total Program Management LLC.  Full Article

Amtrust Financial completes acquisition of First Nationwide Title Agency
Friday, 20 May 2016 09:15am EDT 

Amtrust Financial Services Inc: Completed acquisition of 100% of outstanding shares of First Nationwide Title Agency, LLC and its subsidiaries for cash . Expect Amtrust title will contribute to company's fee and underwriting revenue .Steven Napolitano appointed senior executive vice president of Amtrust title and president of direct title division.  Full Article

Amtrust Financial says board approves $150 mln raise to share buyback program
Wednesday, 11 May 2016 06:45pm EDT 

Amtrust Financial Services Inc :Amtrust financial services, inc. Board approves increase of $150.0 million to its common share repurchase program.  Full Article

AmTrust Financial Services completes purchase of Republic Companies Inc
Monday, 18 Apr 2016 04:05pm EDT 

AmTrust Financial Services:Has completed the purchase of Republic Companies, Inc. and its affiliates from Delek Group Ltd. and Republic Insurance Holdings, LLC., for $233 million.Purchase price was a combination of $113 million in cash at closing, approximately $15 million of deferred payments to the sellers of the minority interests and a $105 million, four year, 5.75% annual interest note issued by AmTrust to Delek Group as well as cash payments to be made over five years.  Full Article

AmTrust Announces Closing of $125 Million in Depositary Shares Representing Interests in Preferred Stock
Tuesday, 15 Mar 2016 04:10pm EDT 

AmTrust Financial Services, Inc:closed its previously announced underwritten public offering of 5,000,000 of its depositary shares, each representing a 1/40(th)interest in a share of its newly-designated 7.75% Non-Cumulative Preferred Stock, Series E.at a public offering price of $25.00 per Depositary Share, for gross proceeds of $125 million.Company has granted the underwriters a 30-day option, expiring on April 7, 2016, to purchase up to an additional 750,000 Depositary Shares from the Company on the same terms and conditions.Total net proceeds of the offering (assuming the underwriters do not exercise their over-allotment option) will be approximately $120.9 million, after deducting the underwriting discount and estimated offering expenses payable by the Company.Company expects to use the net proceeds of the offering for general corporate purposes, which may include working capital, capital expenditures and/or strategic acquisitions.  Full Article

BRIEF-Amtrust Financial Services Inc files for non-timely 10-Q

* Amtrust Financial Services - identified certain control deficiencies related to unrealized gains on investments and foreign currency items