Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Atlantic American Corp Market Cap
Based on ratings from 0 stock analysts, the Atlantic American Corp stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Atlantic American Corp. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedAAME 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Atlantic American Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AAME. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AAME.
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When did it IPO
1984
Staff Count
154
Country
United States
Sector/Industry
Financial Services/Insurance - Life
CEO
Mr. Hilton Hatchett Howell Jr.
Market Cap
$31.0M
In 2023, AAME generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AAME's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (AAME) reported a net loss of $2.0 million for Q3 2024, reversing a profit of $1.8 million in Q3 2023. Year-to-date loss is $4.7 million, down from a $2.1 million profit last year.
Why It Matters - Atlantic American Corporation's shift from profit to loss signals potential financial instability, driven by increased claims in key insurance sectors, impacting investor confidence and stock performance.
Wed, 14 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (Nasdaq: AAME) reported a net loss of $0.7 million for Q2 2024, down from a net income of $1.7 million in Q2 2023, driven by unfavorable loss experiences in its operations.
Why It Matters - Declining net income and increasing losses indicate financial instability for Atlantic American Corporation, potentially leading to decreased investor confidence and stock performance.
Tue, 14 May 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (AAME) reported a net loss of $2.0 million ($0.10 per share) in Q1 2024, up from a loss of $1.4 million ($0.08 per share) in Q1 2023, due to decreased premium revenue.
Why It Matters - Atlantic American Corporation's increased net loss and declining premium revenue signal potential financial instability, which may lead to decreased investor confidence and impact stock performance.
Mon, 01 Apr 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (AAME) reported a Q4 2023 net loss of $2.2 million ($0.11/share) vs. $1.0 million profit in Q4 2022. For 2023, it had a net loss of $0.2 million vs. $1.5 million profit in 2022.
Why It Matters - Atlantic American Corporation's shift from profit to loss highlights rising costs and declining premiums, signaling potential financial instability and risk for investors.
Mon, 13 Nov 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (AAME) reported a Q3 2023 net income of $1.8M ($0.08/share), up from a net loss of $0.7M in Q3 2022. Year-to-date net income is $2.1M, driven by improved loss experience and reduced unrealized losses.
Why It Matters - Atlantic American Corporation's strong financial turnaround with positive net income signals improved operational efficiency and reduced losses, making it a more attractive investment opportunity.
Tue, 08 Aug 2023
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Atlantic American Corporation (AAME) reported Q2 2023 net income of $1.7M ($0.08/share), up from a $1.7M loss in Q2 2022. Six-month net income was $0.3M, down from $1.2M in 2022.
Why It Matters - Atlantic American Corporation's turnaround to net income signals improved performance, driven by unrealized gains and better loss experience, while rising costs may impact future profitability.
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