Atlantic American
Market Cap
US$101.3m
Last Updated
2021/02/23 23:09 UTC
Data Sources
Company Financials
Executive Summary
Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with questionable track record.
Similar Companies
Share Price & News
How has Atlantic American's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AAME is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 37% a week.
Volatility Over Time: AAME's weekly volatility has increased from 22% to 37% over the past year.
Market Performance
7 Day Return
-18.0%
AAME
2.7%
US Insurance
-2.5%
US Market
1 Year Return
83.8%
AAME
3.5%
US Insurance
34.1%
US Market
Return vs Industry: AAME exceeded the US Insurance industry which returned 3.5% over the past year.
Return vs Market: AAME exceeded the US Market which returned 34.1% over the past year.
Shareholder returns
| AAME | Industry | Market | |
|---|---|---|---|
| 7 Day | -18.0% | 2.7% | -2.5% |
| 30 Day | 83.8% | 5.8% | 0.1% |
| 90 Day | 113.7% | 8.6% | 4.5% |
| 1 Year | 83.8%83.8% | 6.4%3.5% | 37.1%34.1% |
| 3 Year | 24.2%22.5% | 22.3%13.1% | 58.0%47.9% |
| 5 Year | 8.0%5.5% | 76.0%53.9% | 131.9%106.2% |
Long-Term Price Volatility Vs. Market
How volatile is Atlantic American's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Atlantic American Corporation's (NASDAQ:AAME) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?3 months ago | Simply Wall St
Our View On Atlantic American's (NASDAQ:AAME) CEO Pay6 months ago | Simply Wall St
Are Dividend Investors Making A Mistake With Atlantic American Corporation (NASDAQ:AAME)?Valuation
Is Atlantic American undervalued compared to its fair value and its price relative to the market?
75.68x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate AAME's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AAME's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AAME is poor value based on its PE Ratio (75.7x) compared to the US Insurance industry average (14.4x).
PE vs Market: AAME is poor value based on its PE Ratio (75.7x) compared to the US market (21.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AAME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AAME is good value based on its PB Ratio (0.7x) compared to the US Insurance industry average (1x).
Next Steps
Future Growth
How is Atlantic American forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.2%
Forecasted Insurance industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Atlantic American has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of AAME’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Explore growth companies in the Insurance industry.
Past Performance
How has Atlantic American performed over the past 5 years?
-47.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AAME has high quality earnings.
Growing Profit Margin: AAME became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: AAME's earnings have declined by 47.5% per year over the past 5 years.
Accelerating Growth: AAME has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: AAME has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (-2.5%).
Return on Equity
High ROE: AAME's Return on Equity (1.2%) is considered low.
Next Steps
Financial Health
How is Atlantic American's financial position?
Financial Position Analysis
Short Term Liabilities: AAME's short term assets ($58.9M) exceed its short term liabilities ($47.4M).
Long Term Liabilities: AAME's short term assets ($58.9M) do not cover its long term liabilities ($209.6M).
Debt to Equity History and Analysis
Debt Level: AAME's debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: AAME's debt to equity ratio has reduced from 32.7% to 26.4% over the past 5 years.
Debt Coverage: AAME's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: AAME's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Atlantic American current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AAME's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AAME's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AAME's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AAME's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: AAME is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AAME's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
12.3yrs
Average management tenure
CEO
Hilton Howell (58 yo)
25.75yrs
Tenure
US$1,275,665
Compensation
Mr. Hilton Hatchett Howell, Jr. has been the Chief Executive Officer of Gray Television, Inc. since August 20, 2008 and also served its President since June 2013 until January 03, 2019. Mr. Howell has been...
CEO Compensation Analysis
Compensation vs Market: Hilton's total compensation ($USD1.28M) is above average for companies of similar size in the US market ($USD511.31K).
Compensation vs Earnings: Hilton's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.75yrs | US$1.28m | 4.39% $ 4.4m | |
| VP, CFO & Corporate Secretary | 3.5yrs | US$575.27k | 0.22% $ 218.0k | |
| Chief Information Officer & VP | no data | no data | no data | |
| Vice President of Human Resources | 21.08yrs | no data | no data | |
| Executive Vice President | 2.67yrs | no data | no data | |
| Vice President & Controller | no data | no data | no data |
12.3yrs
Average Tenure
Experienced Management: AAME's management team is seasoned and experienced (12.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 25.75yrs | US$1.28m | 4.39% $ 4.4m | |
| Director | 25yrs | US$40.00k | 0.71% $ 723.9k | |
| Director | 8.75yrs | US$40.00k | 19.79% $ 20.0m | |
| Independent Director | 5.67yrs | US$45.00k | 0.098% $ 99.2k | |
| Independent Director | 4.92yrs | US$45.00k | 0.049% $ 49.6k | |
| Chairman of American Southern Insurance Company | no data | no data | no data | |
| Independent Director | 6.17yrs | US$45.00k | 0.098% $ 99.2k |
7.5yrs
Average Tenure
59yo
Average Age
Experienced Board: AAME's board of directors are considered experienced (7.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Atlantic American Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atlantic American Corporation
- Ticker: AAME
- Exchange: NasdaqGM
- Founded: 1968
- Industry: Multi-line Insurance
- Sector: Insurance
- Market Cap: US$101.255m
- Shares outstanding: 20.41m
- Website: https://www.atlam.com
Number of Employees
Location
- Atlantic American Corporation
- 4370 Peachtree Road, NE
- Atlanta
- Georgia
- 30319
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| AAME | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Dec 1972 |
Biography
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 Fidel...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/23 23:09 |
| End of Day Share Price | 2021/02/23 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.