Atlantic American Corporation (AAME)
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]
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 StatementsNews
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...
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...
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...
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 (...
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 (...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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...
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...