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AmTrust Financial Services Inc (AFSI.OQ)

AFSI.OQ on NASDAQ Stock Exchange Global Select Market

10.20USD
15 Dec 2017
Change (% chg)

$0.20 (+2.00%)
Prev Close
$10.00
Open
$10.00
Day's High
$10.23
Day's Low
$9.96
Volume
4,027,913
Avg. Vol
477,148
52-wk High
$28.25
52-wk Low
$8.81

Latest Key Developments (Source: Significant Developments)

Amtrust Financial Services reports Q3 loss per share $0.89
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Amtrust Financial Services Inc ::Amtrust Financial Services Inc reports third quarter 2017 net loss per diluted share of $(0.89) and operating loss per diluted share(1) of $(0.04), including $0.25 per share of catastrophe losses in quarter.Q3 operating loss per share $0.04.Q3 loss per share $0.89.Q3 revenue rose 4.3 percent to $1.5 billion.Q3 earnings per share view $0.09 -- Thomson Reuters I/B/E/S.Q3 revenue view $1.27 billion -- Thomson Reuters I/B/E/S.  Full Article

AmTrust Financial will transfer 51% equity interest in some of its U.S. businesses to Madison Dearborn Partners
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - AmTrust Financial Services Inc ::AmTrust - co, ‍Madison Dearborn Partners agree for co to transfer a 51% equity interest in certain of its U.S.-based fee businesses to MDP​.AmTrust Financial Services - deal values the U.S.-based fee business at $1.15 billion, plus up to additional $50 million upon exit, subject to agreed thresholds​.AmTrust-Via mix of MDP's equity investment of about $210 million, debt borrowings by new business, co to receive proceeds of about $950 million at closing​.AmTrust Financial Services Inc - ‍co estimates net tangible book value to increase by approximately $6.00 per share as a result of transaction proceeds​.AmTrust Financial Services Inc - ‍estimates net book value to increase by approximately $3.50 per share as a result of transaction proceeds​.AmTrust- goodwill & intangibles of about $482 million ‍as of june 30 related to transferred businesses, expected to be deconsolidated from balance sheet​.  Full Article

AmTrust says will recognize $54 mln net losses related to catastrophes in Q3
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - AmTrust Financial Services Inc :Amtrust to report prior period development of $327 million and utilize the full benefit of the adverse loss development cover.Amtrust financial services inc - ‍amtrust will recognize $54 million of net losses related to catastrophes in Q3 of 2017​.  Full Article

Amtrust announces pricing of $250 million in depositary shares
Wednesday, 21 Sep 2016 

Amtrust Financial Services Inc : Offering price per depositary share is $25.00, for aggregate gross proceeds of $250.0 million .Amtrust announces pricing of $250 million in depositary shares representing interests in preferred stock.  Full Article

AmTrust Financial Services announces 13% increase in common stock cash dividend
Tuesday, 2 Aug 2016 

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 

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
Friday, 17 Jun 2016 

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

AmTrust Financial Services acquires Total Program Management LLC
Friday, 17 Jun 2016 

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 

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
Thursday, 12 May 2016 

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

BRIEF-Amtrust Financial Services reports Q3 loss per share $0.89

* Amtrust Financial Services Inc reports third quarter 2017 net loss per diluted share of $(0.89) and operating loss per diluted share(1) of $(0.04), including $0.25 per share of catastrophe losses in quarter