AmTrust Financial Services, Inc. Announces Quarterly Cash Dividends on Preferred Stock
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Compass Point Reiterates Buy on AmTrust Financial (AFSI) as Fee Income Drives EPS
February 11, 2016 6:56 AM ESTCompass Point maintained a Buy rating on AmTrust Financial (NASDAQ: AFSI), and cut the price target to $33.00 (from $35.00), following the company's 4Q earnings report. The fee income of $131.4M beat Compass Point's estimate by $8.4M, pushing EPS $0.05 higher than estimated. AFSI beat estimates for the quarter on higher fee income and a higher investment yield, which should carry... More
