Atlantic American Stock (NASDAQ:AAME)


RevenueOwnershipFinancialsChart

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$1.78

52W Range

$1.59 - $3.71

50D Avg

$2.30

200D Avg

$2.69

Market Cap

$36.31M

Avg Vol (3M)

$12.52K

Beta

0.74

Div Yield

$0.02

AAME Company Profile


Atlantic American Corporation (AAME) is an insurance holding company that, through its subsidiaries, delivers a diverse range of life, health, and property & casualty insurance offerings throughout the United States. Its operations are segmented into American Southern and Bankers Fidelity. Within its property and casualty division, AAME underwrites commercial auto coverage tailored for state and local government agencies, as well as various motor pool and fleet operators. This division also furnishes inland marine and general liability insurance. Additionally, it offers surety bonds, including those for subdivision development, school bus service contracts, and guarantees of performance and payment. Furthermore, the company's life and health insurance portfolio encompasses both individual and group whole life policies, alongside Medicare supplement plans. It also extends a suite of additional accident and health coverages. These include specific individual and group policies providing benefits for diagnosed cancer and other critical illnesses, as well as policies for short-term nursing facility care, accident expenses, hospital indemnity, and disability protection. Distribution of its diverse product lines is managed through a network of independent agents and brokers. Established in 1937, Atlantic American Corporation maintains its corporate headquarters in Atlanta, Georgia.

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Industry

Insurance - Life

Sector

Financial Services

Exchange

NASDAQ

ADR

-

Country

US

Employees

153

IPO Date

Mar 17, 1980

Website

AAME Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 24Dec 23Dec 22
Bankers Fidelity$111.04M$110.38M$115.16M

Fiscal year ends in Dec 24 | Currency in USD

AAME Financial Summary


Dec 24Dec 23Dec 22
Revenue$188.23M$186.79M$187.85M
Operating Income-$186.79M$3.16M
Net Income$-4.27M$-171.00K$1.52M
EBITDA-$3.36M$4.94M
Basic EPS$-0.22$-0.03$0.06
Diluted EPS$-0.21$-0.03$0.06

Fiscal year ends in Dec 24 | Currency in USD

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