Atlantic American Corporation (AAME)

NASDAQ: AAME · IEX Real-Time Price · USD
2.45
+0.30 (13.96%)
At close: Dec 29, 2023, 4:00 PM
2.38
-0.07 (-2.86%)
After-hours: Dec 29, 2023, 4:00 PM EST
13.96%
Market Cap 49.99M
Revenue (ttm) 185.28M
Net Income (ttm) 2.70M
Shares Out 20.40M
EPS (ttm) 0.13
PE Ratio 18.85
Forward PE n/a
Dividend $0.02 (0.82%)
Ex-Dividend Date Aug 21, 2023
Volume 19,085
Open 2.21
Previous Close 2.15
Day's Range 2.21 - 2.46
52-Week Range 1.49 - 2.63
Beta 0.39
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2023

About AAME

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company 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. It also provides surety bond coverage for subdivision construction; school bus con... [Read more]

Sector Financials
Founded 1968
Employees 141
Stock Exchange NASDAQ
Ticker Symbol AAME
Full Company Profile

Financial Performance

In 2022, AAME's revenue was $187.85 million, a decrease of -5.86% compared to the previous year's $199.55 million. Earnings were $1.13 million, a decrease of -70.99%.

Financial Statements

News

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 Septembe...

6 weeks ago - GlobeNewsWire

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 s...

5 months ago - GlobeNewsWire

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 Issu...

5 months ago - Business Wire

Atlantic American Corporation Reports Fourth Quarter and Year-End Results for 2022, First Quarter Results for 2023

ATLANTA, June 30, 2023 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) announced today that the Company has filed its Annual Report on Form 10-K for the year ended December 31, 2022 (...

6 months ago - GlobeNewsWire

AM Best Places Credit Ratings of Atlantic American Corporation and Its Subsidiaries Under Review With Developing Implications

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (...

7 months ago - Business Wire

Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-Q Filing

ATLANTA, May 22, 2023 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) announced today that on May 18, 2023, the Company received a notice from The Nasdaq Stock Market LLC stating that...

7 months ago - GlobeNewsWire

Atlantic American Corporation Receives Nasdaq Notice Regarding Delayed Form 10-K Filing

ATLANTA, Ga., April 21, 2023 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq: AAME) announced today that on April 18, 2023, the Company received a notice from The Nasdaq Stock Market LLC sta...

9 months ago - GlobeNewsWire

Atlantic American Corporation Reports Third Quarter Results for 2022

ATLANTA, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2022 of $0.7 million, or $0.04 per dilute...

1 year ago - GlobeNewsWire

Atlantic American Corporation Reports Second Quarter Results for 2022

ATLANTA, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended June 30, 2022 of $1.7 million, or $0.09 per diluted sha...

1 year ago - GlobeNewsWire

Atlantic American Corporation Reports First Quarter Results For 2022

ATLANTA, May 11, 2022 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income of $2.8 million, or $0.13 per common share, in the first quarter of 2022 compared to ne...

1 year ago - GlobeNewsWire

Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2021; Declares Annual Dividend

ATLANTA, March 25, 2022 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended December 31, 2021 of $2.7 million, or $0.12 per dilu...

1 year ago - GlobeNewsWire

Atlantic American Reports Third Quarter Results For 2021

ATLANTA, Nov. 10, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss for the three month period ended September 30, 2021 of $0.9 million, or $0.05 per dilute...

2 years ago - 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 s...

2 years ago - 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 ...

2 years ago - GlobeNewsWire

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 ...

2 years ago - Business Wire

Atlantic American Corporation Reports Fourth Quarter and Year End Results for 2020; Declares Annual Dividend

ATLANTA, March 23, 2021 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended December 31, 2020 of $11.8 million, or $0.54 per dil...

3 years ago - GlobeNewsWire

Atlantic American stock rockets nearly four-fold toward 34-year high, with no news released

Shares of Atlantic American Corp. skyrocketed nearly four fold on massive volume, putting the on track for the highest close since before Black Monday. The Atlanta-based insurance holding company's st...

3 years ago - Market Watch

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 dilu...

3 years ago - GlobeNewsWire

Atlantic American Corporation Reports Second Quarter Results for 2020

ATLANTA, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net income for the three month period ended June 30, 2020 of $6.5 million, or $0.30 per diluted...

3 years ago - GlobeNewsWire

Atlantic American Corporation Reports First Quarter Results for 2020

ATLANTA, May 11, 2020 (GLOBE NEWSWIRE) -- Atlantic American Corporation (Nasdaq- AAME) today reported net loss of $8.1 million, or $0.40 per diluted share, in the first quarter of 2020 compared to n...

3 years ago - GlobeNewsWire