The Technical Analyst
Atlantic American [AAME]
Exchange: NASDAQ Global Market Sector: Financial Services Industry: Insurance - Life
Atlantic American Price, Forecast, Insider, Ratings, Fundamentals & Signals
1.04% $1.920
/ 26 apr 2024 @ 10:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 39.17 mill |
| EPS: | -0.0300 |
| P/E: | -63.99 |
| Earnings Date: | Jun 28, 2024 |
| SharesOutstanding: | 20.40 mill |
| Avg Daily Volume: | 0.0068 mill |
| RATING 2024-04-25 |
|---|
| C+ |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -63.99 | sector: PE 0 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE -63.99 | industry: PE 0 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$2.86 (49.09%) $0.942 |
| Date: 2024-04-26 |
| Expected Trading Range (DAY) |
|---|
|
$ 1.715 - 2.12 ( +/- 10.68%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2022-12-31 | Howell Hilton H Jr | Sell | 0 | Common Stock |
| 2022-12-31 | Howell Hilton H Jr | Buy | 0 | Common Stock |
| 2022-12-31 | Howell Hilton H Jr | Buy | 0 | Common Stock |
| 2022-12-31 | Howell Robin Robinson | Buy | 0 | Common Stock |
| 2022-12-31 | Howell Robin Robinson | Buy | 0 | Common Stock |
| INSIDER POWER |
|---|
| 5.50 |
| Last 60 transactions |
| Buy: 2 231 666 | Sell: 1 897 891 |
Forecast:
11:39 - $1.891
Live Trading Signals (every 1 min)
Forecast
1: 10:09 - $1.907
Forecast 2: 10:59 - $1.891
Forecast 3: 11:39 - $1.891
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 |
| Volume Signals | |
|---|---|
| Price | $1.920 (1.04% ) |
| Volume | 0.0022 mill |
| Avg. Vol. | 0.0068 mill |
| % of Avg. Vol | 31.53 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For AAME
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
AAME
Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. The company operates through American Southern and Bankers Fidelity segments. It offers property and casualty insurance products, including business automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; and inland marine and general liability insurance products. The company also provides surety bond coverage for subdivision construction, school bus contracts, as well as performance and payment bonds. In addition, the company provides individual and group whole life insurance, as well as medicare supplement insurance products; and other accident and health insurance coverages, include various individual and group policies for the payment of standard benefits for the treatment of diagnosed cancer and other critical illnesses, as well as various other policies, such as short-term nursing facility care, accident expense, hospital indemnity, and disability coverages. It markets its products through independent agents and brokers. The company was founded in 1937 and is headquartered in Atlanta, Georgia.
Latest Press Releases
2024-04-01 16:12:00 - Press Release
Atlantic American Corporation Reports Fourth Quarter And Year End Results For 2023; Declares Annual Dividend
Atlanta, april 01, 2024 (globe newswire) -- atlantic american corporation (nasdaq- aame) today reported net loss for the three month period ended december 31, 2023 of $2.2 million, or ($0.11) per diluted share, as compared to net income of $1.0 million, or $0.05 per diluted share, for the comparable period in 2022. for the year ended december 31, 2023, the company reported net loss of $0.2 million, or ($0.03) per diluted share, as compared to net income of $1.5 million, or $0.06 per diluted share, for the year ended december 31, 2022. the decrease in net income for the fourth quarter of 2023 was primarily due to an increase in insurance benefits and losses incurred partially offset by an increase in unrealized gains in equity securities...
2023-11-13 17:24:00 - Press Release
Atlantic American Corporation Reports Third Quarter Results For 2023
Atlanta, nov. 13, 2023 (globe newswire) -- atlantic american corporation (nasdaq- aame) today reported net income of $1.8 million, or $0.08 per diluted share, for the three month period ended september 30, 2023, compared to net loss of $0.7 million, or $(0.04) per diluted share, for the three month period ended september 30, 2022. the company had net income of $2.1 million, or $0.09 per diluted share, for the nine month period ended september 30, 2023, compared to net income of $0.5 million, or $0.01 per diluted share, for the nine month period ended september 30, 2022. the increase in net income for the three and nine month periods ended september 30, 2023 was primarily the result of a more favorable loss experience in the life and health operations, from the comparable periods in 2022, coupled with a decrease in unrealized losses on equity securities...
2023-08-08 14:55:00 - Press Release
Atlantic American Corporation Reports Second Quarter Results For 2023; Declares Annual Dividend
Atlanta, aug. 08, 2023 (globe newswire) -- atlantic american corporation (nasdaq- aame) today reported net income for the three month period ended june 30, 2023 of $1.7 million, or $0.08 per diluted share, as compared to net loss of $1.7 million, or $0.09 per diluted share, for the comparable period in 2022. for the six month period ended june 30, 2023, the company reported net income of $0.3 million, or nil per diluted share, as compared to net income of $1.2 million, or $0.05 per diluted share, for the comparable period in 2022. the increase in net income for the three month period ended june 30, 2023 was primarily the result of a $5.4 million increase in unrealized gains on equity securities due to appreciation in market values in addition to more favorable loss experience in the life and health operations, from the comparable period in 2022...
2023-07-20 14:15:00 - Press Release
Am Best Removes From Under Review With Developing Implications And Affirms Credit Ratings Of Atlantic American Corporation And Its Subsidiaries
Oldwick, n.j.--(business wire)-- #insurance--am best has removed from under review with developing implications and affirmed the financial strength rating (fsr) of a (excellent) and the long-term issuer credit ratings (long-term icr) of “a” (excellent) of american southern insurance company (topeka, ks) and its wholly owned and 100% reinsured subsidiary, american safety insurance company (collectively referred to as american southern group). additionally, am best has removed from under review with developin.
2021-08-10 13:00:00 - Press Release
Atlantic American Corporation Reports Second Quarter Results For 2021
Atlanta, aug. 10, 2021 (globe newswire) -- atlantic american corporation (nasdaq- aame) today reported net income for the three month period ended june 30, 2021 of $3.0 million, or $0.14 per diluted share, as compared to net income of $6.5 million, or $0.30 per diluted share, for the comparable period in 2020. for the six month period ended june 30, 2021, the company reported net income of $2.5 million, or $0.11 per diluted share, as compared to net loss of $1.6 million, or $0.09 per diluted share, for the comparable period in 2020. the decrease in net income during the second quarter of 2021 was primarily due to a $4.5 million increase in life and health insurance benefits and losses incurred...
Latest News
2021-08-10 13:00:00 - GlobeNewsWire
Atlantic American Corporation Reports Second Quarter Results For 2021
ATLANTA, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2021 of $3.0 million, or $0.14 per diluted share, as compared to net income of $6.5 million, or $0.30 per diluted share, for the comparable period in 2020. For the six month period ended June 30, 2021, the Company reported net income of $2.5 million, or $0.11 per diluted share, as compared to net loss of $1.6 million, or $0.09 per diluted share, for the comparable period in 2020. The decrease in net income during the second quarter of 2021 was primarily due to a $4.5 million increase in life and health insurance benefits and losses incurred...
2021-05-11 10:24:00 - GlobeNewsWire
Atlantic American Corporation Reports First Quarter Results for 2021
ATLANTA, May 11, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $0.4 million, or $0.03 per common share, in the first quarter of 2021 compared to net loss of $8.1 million, or $0.40 per common share, in the first quarter of 2020. The decrease in net loss was primarily the result of unrealized gains on equity securities of $0.7 million in the current quarter as compared to unrealized losses on equity securities of $8.5 million in the prior year quarter. Although price levels have generally recovered, the Company's investment portfolio was significantly impacted during the first quarter of 2020 by material declines in capital markets as a result of the COVID-19 pandemic.
2021-04-22 15:48:00 - Business Wire
AM Best Affirms Credit Ratings of Atlantic American Corporation and Its Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” of American Southern Insurance Company (Topeka, KS) and its wholly owned and 100% reinsured subsidiary, American Safety Insurance Company (collectively referred to as American Southern Group). Additionally, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” of Bankers Fidelity Life Insurance Company an
2021-03-25 10:16:53 - Seeking Alpha
Atlantic American Corporation Trades At Less Than 9x EPS
Insurance company Atlantic American Corp. appears to be a buy because of its balance sheet. The total amount of assets was equal to $405 million, with total liabilities of $260 million. Note that the market capitalization is equal to $104 million.
2021-03-21 09:46:39 - Pulse2
AAME Stock Price Increased 25.55%: Why It Happened
The stock price of Atlantic American Corporation (NASDAQ: AAME) increased by 25.55% on March 19. This is why it happened.
2021-03-19 10:43:16 - InvestorPlace
AAME Stock: 8 Things to Know About Atlantic American as Shares Rocket
Atlantic American (AAME) stock is soaring higher on heavy trading Friday despite there being no new news to report about the company. The post AAME Stock: 8 Things to Know About Atlantic American as Shares Rocket appeared first on InvestorPlace.
2021-02-05 15:55:55 - Pulse2
AAME Stock Price Went Up Over 568% Today: Why It Happened
The stock price of Atlantic American Corporation (NASDAQ:AAME) hit over 568% today. This is why it happened.
2021-02-05 12:08:56 - InvestorPlace
AAME Stock: 6 Things to Know About Atlantic American as Shares Go Parabolic
Atlantic American (AAME) stock is soaring higher on Friday with heavy trading despite a lack of news coming from the insurance company. The post AAME Stock: 6 Things to Know About Atlantic American as Shares Go Parabolic appeared first on InvestorPlace.
2020-11-10 12:43:00 - GlobeNewsWire
Atlantic American Reports Third Quarter Results
ATLANTA, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended September 30, 2020 of $1.9 million, or $0.09 per diluted share, as compared to net loss of $1.4 million, or $0.07 per diluted share, for the comparable period in 2019. For the nine month period ended September 30, 2020, the Company reported net income of $0.3 million, or nil per diluted share, as compared to net loss of $1.7 million, or $0.10 per diluted share, for the comparable period in 2019. The increase in net income during the third quarter of 2020 was primarily due to a $5.5 million decrease in insurance benefits and losses incurred somewhat offset by a decrease in unrealized gains on equity securities of $1...
2020-10-22 12:35:00 - seekingalpha
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