AmTrust Financial Services, Inc. (AFFT)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
AmTrust Financial Services, Inc. (AFFT) trades at $15.60 with AI Score 51/100 (Grade B). AmTrust Financial Services, Inc. is a multinational property and casualty insurer focusing on small- to mid-sized businesses. Market cap: $3.08B, Sector: Financial services.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for AFFT: AFFT does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates AFFT against Financial Services peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
AFFT: 2/6 perspectives are bullish. Dominant signal: Izzy Englander bullish.
How is this calculated? →AmTrust Financial Services, Inc. (AFFT) Financial Services Profile
AmTrust Financial Services, Inc., established in 1998, is a diversified property and casualty insurer specializing in coverage for small- to mid-sized businesses. With a focus on niche markets and low-hazard risks, AmTrust operates as a multinational company, offering workers' compensation and other insurance products.
What Is the Investment Thesis for AFFT?
AmTrust Financial Services presents a complex investment case. The company's focus on small- to mid-sized businesses provides a degree of insulation from broader economic downturns, as these businesses often require consistent insurance coverage. However, the company's negative P/E ratio of -8.58 and a negative profit margin of -5.9% raise concerns about its current profitability. Potential catalysts include strategic acquisitions that expand AmTrust's market reach and product offerings. The company's low beta of 0.04 suggests that the stock is relatively insensitive to market fluctuations, which could be attractive to risk-averse investors. However, the lack of a dividend yield may deter income-seeking investors. The company's ability to improve its underwriting performance and reduce its expense ratio will be critical to its long-term success.
Based on FMP financials and quantitative analysis
AFFT Key Highlights
- Market capitalization of $3.08B indicates a mid-sized insurance company.
- Negative P/E ratio of -8.58 suggests the company is currently unprofitable.
- Profit margin of -5.9% reflects challenges in achieving profitability.
- Gross margin of 0.1% indicates a narrow difference between revenue and cost of goods sold.
- Low beta of 0.04 suggests the stock is less volatile than the overall market.
Who Are AFFT's Competitors?
AFFT is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AFFS AmTrust Financial Services, Inc. | $15.76 | +0.06% | $3.12B | 51 |
| AFSIB AmTrust Financial Services, Inc. | $14.70 | +0.00% | $2.91B | 50 |
| AFSIC AmTrust Financial Services, Inc. | $15.22 | -2.12% | $3.01B | 50 |
| AFSIM AmTrust Financial Services, Inc. | $15.09 | +0.60% | $3.06B | 50 |
| AFSIN AmTrust Financial Services, Inc. | $14.14 | +1.00% | $3.18B | 56 |
| AEGOF Aegon N.V. | $8.39 | +0.00% | $12.62B | 66 |
| TLLXY Talanx AG | $60.33 | +0.00% | $31.16B | 64 |
| XZO Exzeo Group, Inc. | $18.71 | +0.11% | $1.70B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AFFT's Key Strengths?
- Focus on niche markets with less competition.
- Expertise in underwriting low-hazard risks.
- Established distribution network.
- Global presence provides diversification.
What Are AFFT's Weaknesses?
- Negative P/E ratio indicates current unprofitability.
- Low gross margin suggests challenges in cost management.
- Reliance on independent agents and brokers can limit control.
- Exposure to regulatory changes in multiple jurisdictions.
What Could Drive AFFT Stock Higher?
- Potential for strategic acquisitions to expand market reach.
- Development of new insurance products and services.
- Leveraging technology to improve efficiency and customer service.
- Expansion into new geographic markets.
- Focus on niche markets with high growth potential.
What Are the Key Risks for AFFT?
- Negative return on equity (-10.8%) — the business is not currently generating profit on shareholder capital.
- Intense competition from larger insurance companies.
- Economic downturns can reduce demand for insurance.
- Regulatory changes can increase compliance costs.
- Catastrophic events can lead to significant claims losses.
- Negative P/E ratio and low gross margin indicate financial challenges.
What Are the Growth Opportunities for AFFT?
- Expansion into new geographic markets represents a significant growth opportunity for AmTrust. By expanding its operations into underserved regions, the company can tap into new customer bases and diversify its revenue streams. The global property and casualty insurance market is estimated to reach $1.6 trillion by 2028, providing ample room for growth. This expansion could involve establishing new offices, acquiring existing insurance companies, or forming strategic partnerships with local players. Timeline: Ongoing.
- Development of new insurance products and services tailored to the evolving needs of small- to mid-sized businesses can drive revenue growth. This could include offering cyber liability insurance, business interruption insurance, or other specialized coverage options. The market for cyber insurance, for example, is projected to reach $28 billion by 2026. By innovating and expanding its product portfolio, AmTrust can attract new customers and increase its market share. Timeline: Ongoing.
- Leveraging technology to improve efficiency and enhance customer service can create a competitive advantage for AmTrust. This could involve implementing artificial intelligence (AI) to automate underwriting processes, developing mobile apps to provide customers with convenient access to policy information, or using data analytics to identify and mitigate risks. The insurance industry is increasingly adopting digital technologies, and companies that embrace these technologies will be better positioned to succeed. Timeline: Ongoing.
- Strategic acquisitions of smaller insurance companies can accelerate AmTrust's growth and expand its market reach. By acquiring companies with complementary product offerings or geographic footprints, AmTrust can quickly increase its scale and diversify its revenue streams. The insurance industry is consolidating, and strategic acquisitions can be an effective way to gain market share and achieve economies of scale. Timeline: Ongoing.
- Focusing on niche markets with high growth potential can provide AmTrust with a competitive advantage. This could include targeting specific industries, such as healthcare or technology, or offering specialized insurance products for emerging risks, such as climate change. By focusing on niche markets, AmTrust can develop specialized expertise and build strong relationships with its customers. The market for environmental liability insurance, for example, is projected to grow significantly in the coming years. Timeline: Ongoing.
What Opportunities Does AFFT Have?
- Expansion into new geographic markets.
- Development of new insurance products and services.
- Leveraging technology to improve efficiency.
- Strategic acquisitions of smaller insurance companies.
What Threats Does AFFT Face?
- Intense competition from larger insurance companies.
- Economic downturns can reduce demand for insurance.
- Regulatory changes can increase compliance costs.
- Catastrophic events can lead to significant claims losses.
What Are AFFT's Competitive Advantages?
- Niche focus on small- to mid-sized businesses.
- Expertise in underwriting low-hazard risks.
- Established network of independent agents and brokers.
- Global presence with operations in multiple regions.
What Does AFFT Do?
AmTrust Financial Services, Inc. was founded in 1998 with the initial goal of providing workers' compensation insurance to small businesses throughout the United States. Over the years, the company has strategically expanded its operations through a combination of acquisitions and organic growth. This expansion has transformed AmTrust into a multinational property and casualty insurer, catering primarily to the insurance needs of small- to mid-sized businesses. AmTrust's business model is built upon a foundation of financial stability, achieved through a deliberate strategy of niche diversification. The company focuses on underwriting low-hazard risks, which helps to mitigate potential losses and ensure consistent profitability. AmTrust offers a range of insurance products, including workers' compensation, commercial package policies, and specialty risk coverage. These products are distributed through a network of independent agents, brokers, and program administrators. AmTrust operates across multiple geographic regions, including North America, Europe, and Asia. This global presence provides the company with access to diverse markets and reduces its reliance on any single geographic area. AmTrust competes with other large insurance companies, as well as smaller, niche-focused insurers. The company differentiates itself through its focus on small- to mid-sized businesses, its expertise in niche markets, and its commitment to providing high-quality customer service.
What Products and Services Does AFFT Offer?
- Provides workers' compensation insurance to small businesses.
- Offers property and casualty insurance products.
- Specializes in coverage for small- to mid-sized businesses.
- Underwrites low-hazard risks.
- Distributes insurance products through independent agents and brokers.
- Operates in North America, Europe, and Asia.
How Does AFFT Make Money?
- Generates revenue from premiums paid by policyholders.
- Earns investment income from its investment portfolio.
- Manages risk through underwriting and claims management.
- Focuses on niche markets to achieve profitability.
What Industry Does AFFT Operate In?
AmTrust Financial Services operates within the highly competitive property and casualty insurance industry. This industry is characterized by intense competition, evolving regulatory requirements, and the need to adapt to changing customer preferences. Market trends include the increasing use of technology to improve efficiency and enhance customer service, as well as the growing importance of data analytics in underwriting and risk management. AmTrust competes with both large, established insurance companies and smaller, niche-focused insurers. The company's focus on small- to mid-sized businesses and its expertise in niche markets provide it with a competitive advantage.
Who Are AFFT's Key Customers?
- Small businesses across various industries.
- Mid-sized businesses seeking property and casualty insurance.
- Independent agents and brokers who distribute AmTrust's products.
- Program administrators who manage specific insurance programs.
ROE -11%Key Financial Metrics
Return on equity for AmTrust Financial Services, Inc. stands at -10.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -1.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -18.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.96 means current liabilities exceed short-term assets, a liquidity point worth watching.
AmTrust Financial Services, Inc. (AFFT) Valuation Context
Valued at $3.08B, AFFT is classified as a mid-cap stock. Relative to its peer group, AFFT's quantitative score of 51/100 is roughly in line with the peer average of 51/100.
Company Profile
AmTrust Financial Services, Inc. operates in the Insurance - Diversified industry within the Financial Services sector. It is headquartered in New York City, US. The company is led by CEO Barry D. Zyskind. AFFT has traded publicly since 2019.
F-Score 4/9Financial Health
AmTrust Financial Services, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 84.25 places it in the safe zone, indicating low near-term bankruptcy risk.
AFFT Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- AmTrust's recent insider buying suggests confidence from those who know the company best. It's a strong signal, like when insiders loaded up on Apple before a big product launch.
- Positive community sentiment indicates growing belief in AmTrust's long-term strategy. It’s similar to the buzz around Netflix when they first disrupted the video rental market.
- Bullish community views highlight the company's potential for growth in niche insurance markets. Think of it as finding a hidden gem in a crowded sector, like early investors in Shopify.
- Market perception suggests AmTrust is undervalued compared to its peers, presenting a potential buying opportunity. This is akin to spotting a quality stock during a market correction.
Bear Case
- Recent market developments are creating headwinds for the insurance sector, impacting AmTrust. It's reminiscent of the challenges faced by banks during the 2008 financial crisis.
- Bearish community views express concerns about increasing regulatory scrutiny affecting AmTrust's operations. This is similar to the negative sentiment surrounding Facebook during privacy controversies.
- Community sentiment indicates worries about AmTrust's ability to maintain its competitive edge against larger players. It's like a smaller retailer struggling against Amazon's dominance.
- Insider activity, while showing some buying, also reveals some selling, creating uncertainty about the company's prospects. This is like mixed signals from Tesla's leadership during periods of high volatility.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
AFFT Latest News
No recent news available for AFFT.
AFFT Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AFFT.
Price Targets
Wall Street price target analysis for AFFT.
AFFT MoonshotScore
What does this score mean?
The MoonshotScore rates AFFT's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Barry D. Zyskind
Chief Executive Officer
Barry D. Zyskind has served as the Chief Executive Officer of AmTrust Financial Services, Inc. since its inception. His career spans several decades in the insurance and financial services industries. Zyskind's expertise lies in identifying and capitalizing on niche market opportunities. He has been instrumental in guiding AmTrust's strategic direction, overseeing its expansion through acquisitions and organic growth. His leadership has been focused on building a diversified insurance platform with a strong emphasis on risk management and financial stability.
Track Record: Under Barry D. Zyskind's leadership, AmTrust Financial Services has grown from a small workers' compensation insurer to a multinational property and casualty insurance company. He has overseen numerous strategic acquisitions that have expanded the company's market reach and product offerings. Zyskind has also focused on building a strong risk management culture within the organization, which has helped to mitigate potential losses and ensure consistent profitability.
AFFT OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that AmTrust Financial Services may not meet the minimum financial standards or disclosure requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting, and trading activity can be sporadic. Investing in companies on the OTC Other tier carries a higher degree of risk compared to those listed on major exchanges like the NYSE or NASDAQ, due to the potential for less transparency and regulatory oversight. Investors should exercise caution and conduct thorough due diligence before investing in OTC Other stocks.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in AFFT.
- Lower liquidity can make it difficult to buy or sell shares.
- Potential for price manipulation is higher on the OTC market.
- Lack of regulatory oversight increases the risk of fraud or mismanagement.
- OTC Other tier status suggests the company may not meet minimum financial standards.
- Verify the company's financial reporting practices.
- Assess the stock's trading volume and bid-ask spread.
- Research the company's management team and their track record.
- Review any available news articles or press releases about the company.
- Consult with a financial advisor before investing.
- Understand the risks associated with investing in OTC stocks.
- Confirm the company's legal and regulatory compliance.
- Established history as an insurance provider (founded in 1998).
- Focus on providing insurance to small and mid-sized businesses.
- Multinational presence with operations in North America, Europe, and Asia.
- CEO with extensive experience in the insurance industry.
- Commitment to niche diversity and low-hazard risk management.
AmTrust Financial Services, Inc. Financial Services Stock: Key Questions Answered
What does AmTrust Financial Services, Inc. do?
AmTrust Financial Services, Inc. operates as a multinational property and casualty insurer, primarily serving small- to mid-sized businesses. The company offers a range of insurance products, including workers' compensation, commercial package policies, and specialty risk coverage. AmTrust's business model is based on underwriting low-hazard risks and focusing on niche markets. The company distributes its products through a network of independent agents, brokers, and program administrators. AmTrust operates in North America, Europe, and Asia, providing it with a diverse geographic footprint.
What do analysts say about AFFT stock?
Analyst sentiment on AFFT is currently difficult to gauge due to the limited coverage and the company's OTC listing. Key valuation metrics, such as the negative P/E ratio, suggest that the company is currently unprofitable. Growth considerations include the potential for strategic acquisitions and expansion into new markets. Investors should carefully consider the risks associated with investing in an OTC stock, including limited liquidity and regulatory oversight. Further research is needed to assess the company's long-term prospects.
What are the main risks for AFFT?
The main risks for AFFT include intense competition from larger insurance companies, the potential for economic downturns to reduce demand for insurance, and the impact of regulatory changes on compliance costs. Catastrophic events can also lead to significant claims losses, which could negatively impact the company's financial performance. Additionally, the company's negative P/E ratio and low gross margin indicate underlying financial challenges. As an OTC-listed company, AFFT faces additional risks related to liquidity, transparency, and regulatory oversight.
What are the key factors to evaluate for AFFT?
AmTrust Financial Services, Inc. (AFFT) holds an AI score of 51/100 (moderate). Not financial advice.
How frequently does AFFT data refresh on this page?
AFFT prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AFFT's recent stock price performance?
AmTrust Financial Services, Inc. (AFFT) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Focus on niche markets with less competition. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AFFT overvalued or undervalued right now?
Valuing AmTrust Financial Services, Inc. (AFFT) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying AFFT?
Before investing in AmTrust Financial Services, Inc. (AFFT), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- OTC market data may be limited.