Tearsheet

Atlantic American (AAME)


Market Price (2/25/2026): $2.69 | Market Cap: $54.9 Mil
Sector: Financials | Industry: Life & Health Insurance

Atlantic American (AAME)


Market Price (2/25/2026): $2.69
Market Cap: $54.9 Mil
Sector: Financials
Industry: Life & Health Insurance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0%, FCF Yield is 44%
Weak multi-year price returns
2Y Excs Rtn is -33%, 3Y Excs Rtn is -57%
Key risks
AAME key risks include [1] a material weakness in its internal control over financial reporting and [2] unfavorable loss experience in its property and casualty operations from increased claims severity.
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -76%
  
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%
  
3 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease. Themes include Geriatric Care, Diabetes Management, and Oncology Treatments.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.0%, FCF Yield is 44%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -76%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 12%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%
3 Megatrend and thematic drivers
Megatrends include Aging Population & Chronic Disease. Themes include Geriatric Care, Diabetes Management, and Oncology Treatments.
4 Weak multi-year price returns
2Y Excs Rtn is -33%, 3Y Excs Rtn is -57%
5 Key risks
AAME key risks include [1] a material weakness in its internal control over financial reporting and [2] unfavorable loss experience in its property and casualty operations from increased claims severity.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Atlantic American (AAME) stock has lost about 5% since 10/31/2025 because of the following key factors:

1. Industry-wide rate pressures and intensified competition in the insurance market have likely contributed to a challenging operating environment for Atlantic American. The broader insurance sector is facing mounting rate pressures across multiple commercial and specialty lines as a soft market cycle deepens in 2026, alongside intensifying competition. This trend can impact profitability and growth prospects for insurers, including Atlantic American.

2. Broader macroeconomic and geopolitical factors have introduced uncertainties and potential cost increases for the insurance industry. The insurance sector in 2026 is navigating an environment of "rapid change and heightened uncertainty," encompassing expanding AI-related exposures, escalating environmental liabilities such as those linked to PFAS, and geopolitical volatility that can fuel political violence and trade credit claims. Additionally, claims inflation and supply chain disruptions are pushing up rebuild and repair costs, amplifying business interruption exposures for insurers. These factors collectively increase systemic risks and potential liabilities, negatively influencing investor sentiment for companies in the sector.

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Stock Movement Drivers

Fundamental Drivers

The -4.9% change in AAME stock from 10/31/2025 to 2/25/2026 was primarily driven by a -52.9% change in the company's P/E Multiple.
(LTM values as of)103120252252026Change
Stock Price ($)2.832.69-4.9%
Change Contribution By: 
Total Revenues ($ Mil)1992084.6%
Net Income Margin (%)1.3%2.5%92.7%
P/E Multiple22.810.7-52.9%
Shares Outstanding (Mil)20200.0%
Cumulative Contribution-4.9%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/25/2026
ReturnCorrelation
AAME-4.9% 
Market (SPY)1.6%14.2%
Sector (XLF)-1.0%12.2%

Fundamental Drivers

The 17.7% change in AAME stock from 7/31/2025 to 2/25/2026 was primarily driven by a 8.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120252252026Change
Stock Price ($)2.292.6917.7%
Change Contribution By: 
Total Revenues ($ Mil)1912088.8%
P/S Multiple0.20.38.2%
Shares Outstanding (Mil)20200.0%
Cumulative Contribution17.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/25/2026
ReturnCorrelation
AAME17.7% 
Market (SPY)10.0%11.8%
Sector (XLF)-0.6%13.5%

Fundamental Drivers

The 61.6% change in AAME stock from 1/31/2025 to 2/25/2026 was primarily driven by a 44.3% change in the company's P/S Multiple.
(LTM values as of)13120252252026Change
Stock Price ($)1.662.6961.6%
Change Contribution By: 
Total Revenues ($ Mil)18620812.0%
P/S Multiple0.20.344.3%
Shares Outstanding (Mil)20200.0%
Cumulative Contribution61.6%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/25/2026
ReturnCorrelation
AAME61.6% 
Market (SPY)16.2%16.5%
Sector (XLF)1.8%20.3%

Fundamental Drivers

The 11.0% change in AAME stock from 1/31/2023 to 2/25/2026 was primarily driven by a 50.1% change in the company's Net Income Margin (%).
(LTM values as of)13120232252026Change
Stock Price ($)2.422.6911.0%
Change Contribution By: 
Total Revenues ($ Mil)1922088.2%
Net Income Margin (%)1.6%2.5%50.1%
P/E Multiple15.710.7-31.6%
Shares Outstanding (Mil)20200.0%
Cumulative Contribution11.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/25/2026
ReturnCorrelation
AAME11.0% 
Market (SPY)76.9%11.3%
Sector (XLF)48.4%11.8%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AAME Return20%-4%6%-37%87%-5%37%
Peers Return9%5%9%25%13%-6%67%
S&P 500 Return27%-19%24%23%16%1%83%

Monthly Win Rates [3]
AAME Win Rate42%58%33%58%58%0% 
Peers Win Rate53%47%53%57%62%30% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AAME Max Drawdown0%-11%-33%-41%-14%-12% 
Peers Max Drawdown-10%-16%-13%-15%-11%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CNO, ORI, THG, KMPR, GL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/25/2026 (YTD)

How Low Can It Go

Unique KeyEventAAMES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-76.4%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven324.0%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-42.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven74.2%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven207 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-63.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven173.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven450 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-91.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven1088.9%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4,329 days1,480 days

Compare to CNO, ORI, THG, KMPR, GL

In The Past

Atlantic American's stock fell -76.4% during the 2022 Inflation Shock from a high on 2/9/2021. A -76.4% loss requires a 324.0% gain to breakeven.

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About Atlantic American (AAME)

Atlantic American Corporation, through its subsidiaries, provides life and health, and property and casualty insurance products in the United States. The company operates through American Southern and Bankers Fidelity segments. It offers property and casualty insurance products, including business automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; and inland marine and general liability insurance products. The company also provides surety bond coverage for subdivision construction, school bus contracts, as well as performance and payment bonds. In addition, the company provides individual and group whole life insurance, as well as medicare supplement insurance products; and other accident and health insurance coverages, include various individual and group policies for the payment of standard benefits for the treatment of diagnosed cancer and other critical illnesses, as well as various other policies, such as short-term nursing facility care, accident expense, hospital indemnity, and disability coverages. It markets its products through independent agents and brokers. The company was founded in 1937 and is headquartered in Atlanta, Georgia.

AI Analysis | Feedback

  • A specialized Humana for senior health insurance.
  • A niche Travelers for commercial transportation and specialty P&C insurance.

AI Analysis | Feedback

Atlantic American (AAME) primarily offers the following insurance products and services:

  • Property and Casualty Insurance: Provides coverage for various risks including commercial auto, general liability, and property damage.
  • Life Insurance: Offers financial protection to policyholders' beneficiaries upon the insured's death.
  • Medicare Supplement Insurance: Covers medical costs not paid by Medicare Parts A and B, such as deductibles, copayments, and coinsurance.
  • Fixed-Benefit Health Insurance: Provides specific, predetermined cash payments for certain health events or illnesses.

AI Analysis | Feedback

Atlantic American (symbol: AAME) primarily sells its specialty property and casualty insurance products to other companies.

Its Property & Casualty segment, which consistently generates the largest portion of its premium revenue, focuses on serving a broad and diverse base of small to medium-sized businesses across various industries. These customers typically acquire insurance through independent agencies.

Due to the highly fragmented nature of this customer base and the strategic focus on small to medium-sized enterprises, Atlantic American does not have any single major identifiable corporate customers that account for a significant portion of its revenue, nor does it typically count large public companies among its major clients. Therefore, specific customer company names cannot be listed.

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  • Munich Reinsurance America, Inc. (Parent: Munich Re Group, Symbol: MURGY)
  • Swiss Re America Corporation (Parent: Swiss Re Ltd, Symbol: SSREY)
  • Arch Reinsurance Company (Parent: Arch Capital Group Ltd., Symbol: ACGL)
  • Everest Reinsurance Company (Parent: Everest Group, Ltd., Symbol: EG)
  • Transatlantic Reinsurance Company (Parent: Berkshire Hathaway Inc., Symbol: BRK.B)

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Hilton H. Howell, Jr. Chairman, President and CEO

Hilton H. Howell, Jr. serves as the Chairman, President, and Chief Executive Officer of Atlantic American Corporation, holding the President and CEO roles since May 1995 and the Chairman role since February 2009. He previously served as Executive Vice President of Atlantic American from October 1992 to May 1995. Mr. Howell also holds significant leadership positions at Gray Television (Gray Media, Inc.), where he has been the Chief Executive Officer since August 2008 and President since June 2013, having joined Gray Television in 1993. His career began in private law practice in Houston, Texas. He has also been a director for Atlantic American's subsidiaries, including American Southern Insurance Company, American Safety Insurance Company, and Bankers Fidelity Life Insurance Company. Additionally, Mr. Howell served as Executive Vice President of Delta Life Insurance Company and Delta Fire & Casualty Company, and as Vice President, Secretary, and Director of Bull Run Corporation. He was also a director at Meredith Corp and Triple Crown Media Inc. Mr. Howell holds a Bachelor's degree in history and a Juris Doctor (cum laude) from Baylor University, and a Master of Business Administration from the University of Texas at Austin.

J. Ross Franklin Vice President, Chief Financial Officer and Corporate Secretary

J. Ross Franklin is the Vice President, Chief Financial Officer, and Corporate Secretary of Atlantic American Corporation. He was appointed to this position in November 2017, after serving as Interim Chief Financial Officer since August 2017. Mr. Franklin possesses more than 18 years of experience in accounting and financial management. He has held various roles of increasing responsibility within Atlantic American and its subsidiaries since 2000, including serving as Vice President, Accounting, and Treasurer of Bankers Fidelity since 2009. He is a Certified Public Accountant and earned both his Master of Professional Accounting and Master in Business Administration degrees from Georgia State University.

John Dunbar Vice President and CIO

John Dunbar serves as the Vice President and Chief Information Officer at Atlantic American Corporation. He pursued his education at the J. Mack Robinson College of Business at Georgia State University from 1986 to 1988 and at the Florida State University College of Business from 1981 to 1984.

McClure King President Bankers Fidelity Life Insurance

McClure King is the President of Bankers Fidelity Life Insurance.

Scott G. Thompson President and CEO American Southern Insurance Company

Scott G. Thompson holds the position of President and CEO of American Southern Insurance Company, a subsidiary of Atlantic American Corporation. He also serves as a Director on the Board of Atlantic American Corporation.

AI Analysis | Feedback

The key risks to Atlantic American (AAME) are primarily concentrated within its financial reporting and insurance operations:

  1. Material Weakness in Internal Control Over Financial Reporting: Atlantic American has identified a material weakness in its internal control over financial reporting. The company's ability to remediate this weakness is cited as a significant risk, which could affect the accuracy of financial statements and investor confidence.
  2. Underwriting Performance and Claims Severity in Property and Casualty Operations: The company has experienced unfavorable loss experience in its property and casualty operations, particularly within the automobile liability line of business, due to an increase in the frequency and severity of claims. This directly impacts the profitability of its insurance segments.
  3. Investment Portfolio Volatility: Fluctuations in realized and unrealized gains on equity securities have materially impacted Atlantic American's net income. As an insurance company, investment performance is a critical component of its financial results, making market volatility a notable risk.

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Clear Emerging Threats for Atlantic American (AAME)

  1. Disruptive Insurtech Competitors:

    AAME faces a clear emerging threat from numerous well-funded insurtech startups. These companies are leveraging advanced technologies such as artificial intelligence (AI), big data analytics, and digital-first platforms to offer insurance products across property & casualty, life, and health segments. They often provide simplified application processes, faster underwriting, and direct-to-consumer or small-to-medium enterprise (SME) distribution models, effectively bypassing traditional agent networks and legacy systems. This allows them to potentially offer more competitive pricing and a superior customer experience, directly threatening AAME's market share and profitability, particularly in its commercial lines and individual life/health segments.

  2. Rapid Adoption of Telematics and Usage-Based Insurance (UBI) in Commercial Auto:

    For AAME's American Southern Insurance Company, which has a significant presence in commercial auto insurance, the accelerated adoption of telematics and usage-based insurance (UBI) programs presents a distinct emerging threat. Competitors are increasingly integrating telematics devices and data analytics to assess driving behavior in real-time, allowing them to price policies more accurately and offer incentives for safer driving. If AAME is slower to integrate these advanced technologies into its commercial auto offerings, it risks losing market share to competitors who can provide more competitive rates to desirable (low-risk) customers and offer better risk management tools to their commercial fleet clients.

AI Analysis | Feedback

Atlantic American Corporation (AAME) operates in the U.S. insurance market through its subsidiaries, focusing on life, health, and property and casualty insurance segments. The addressable markets for their main products and services in the U.S. are sized as follows:

  • Life Insurance Market (U.S.): The U.S. life insurance market was estimated at approximately $1.93 trillion in 2024 and is projected to reach around $4.74 trillion by 2034, demonstrating a compound annual growth rate (CAGR) of 9.40% from 2025 to 2034. Another report indicates that the U.S. life insurance market generated a revenue of $504.37 billion in 2020 and is expected to reach $848.14 billion by 2027, with a CAGR of 7.7% from 2021 to 2027. The total U.S. life insurance new annualized premium increased by 8% in the first quarter of 2025.
  • Accident and Health Insurance Market (U.S.): The personal accident and health insurance market in the U.S. was valued at $1.48 billion in 2024 and is projected to grow to $2.75 billion by 2035, at a CAGR of 5.80% from 2025 to 2035. The broader U.S. accident and health (A&H) insurance market has shown consistent growth, with expansion rates exceeding 8% in each of the three years prior to 2024, slowing to 8.8% in 2023 from over 10% in 2022. The life/annuity insurance sector, which includes accident and health insurance, had net premiums written totaling $822.6 billion in the U.S. in 2024.
  • Property and Casualty (P&C) Insurance Market (U.S.): The U.S. property and casualty insurance market was valued at $1.10 trillion in 2025 and is projected to reach $1.33 trillion by 2030, with a CAGR of 3.96%. Another estimate places the U.S. property and casualty insurance market size at approximately $890 billion in 2024, with a projection to reach around $2.02 trillion by 2034, growing at a CAGR of 8.54% from 2025 to 2034. The market size for property, casualty, and direct insurance in the U.S. was $1.0 trillion in 2024. Net premiums written for the P&C sector in the U.S. totaled $932.5 billion in 2024.

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Atlantic American Corporation (AAME) is expected to drive future revenue growth over the next 2-3 years through several key areas within its insurance operations.

The anticipated drivers include:

  1. Growth in Life and Health Premium Revenue: Atlantic American anticipates continued growth in premium revenue, particularly within its life and health operations. This segment has shown significant contributions to overall revenue, with Bankers Fidelity's net earned premiums rising, notably from Medicare supplement, group accident and health, and other individual health lines due to new sales.
  2. Expansion in Property & Casualty Inland Marine Line: The property and casualty segment, specifically the inland marine line, has been highlighted as a growth driver for American Southern. Continued focus and potential expansion in this area are expected to contribute to future revenue.
  3. Increased New Sales in Specialized Health Products: New sales in products like Medicare supplement and group accident and health are identified as key to supporting future premium revenue growth in the life and health operations.
  4. Overall Premium Revenue Growth Across Segments: The company's performance in Q2 2025 was driven by increased premium revenue across both property & casualty and life & health segments, indicating a broad-based approach to growing its core insurance offerings. This trend is expected to continue.

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Share Repurchases

  • Atlantic American's Board of Directors approved a new stock repurchase plan in April 2025, authorizing the repurchase of up to 750,000 shares of the Company's common stock. This plan replaced a prior stock repurchase authorization.
  • The 6-Month Share Buyback Ratio for Atlantic American was 0.01% as of March 2025, indicating minimal repurchases within that six-month period.

Share Issuance

  • As of February 29, 2024, Atlantic American Corporation had 20,402,288 shares of common stock outstanding.
  • The common shares outstanding for the fiscal year ending December 31, 2024, were 20.40 million.
  • Atlantic American currently has 20,397,228 shares outstanding.

Capital Expenditures

  • Atlantic American Corporation's Capital Expenditures (CapEx) as a percentage of revenue (CAGR 1YRS) increased by 203.26% in the latest trailing twelve months.
  • Over the past five years, the average CapEx % CAGR 1YRS for Atlantic American was 97.21%.
  • The principal cash needs of the parent company include the acquisition of capital assets.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1null10/17/2025
Title
0ARTICLES

Trade Ideas

Select ideas related to AAME.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
FDS_1302026_Dip_Buyer_FCFYield01302026FDSFactSet Research SystemsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-18.8%-18.8%-25.3%
PFSI_1302026_Dip_Buyer_ValueBuy01302026PFSIPennyMac Financial ServicesDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-6.9%-6.9%-9.3%
ALLY_1302026_Insider_Buying_GTE_1Mil_EBITp+DE_V201302026ALLYAlly FinancialInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-1.9%-1.9%-5.5%
FIS_1232026_Dip_Buyer_FCFYield01232026FISFidelity National Information ServicesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-18.9%-18.9%-22.6%
MORN_1022026_Dip_Buyer_ValueBuy01022026MORNMorningstarDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-18.1%-18.1%-26.8%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AAMECNOORITHGKMPRGLMedian
NameAtlantic.CNO Fina.Old Repu.Hanover .Kemper Globe Li. 
Mkt Price2.6942.3242.32176.1031.51144.1142.32
Mkt Cap0.14.110.46.31.911.65.2
Rev LTM2084,4428,7496,4834,7835,9415,362
Op Inc LTM-------
FCF LTM246711,2911,0045541,246837
FCF 3Y Avg106171,1037112321,351664
CFO LTM256711,2911,0135841,383842
CFO 3Y Avg106171,1037222781,434670

Growth & Margins

AAMECNOORITHGKMPRGLMedian
NameAtlantic.CNO Fina.Old Repu.Hanover .Kemper Globe Li. 
Rev Chg LTM12.0%-1.7%7.1%5.2%3.2%3.7%4.5%
Rev Chg 3Y Avg2.9%6.7%1.4%6.9%-4.1%4.7%3.8%
Rev Chg Q20.8%5.2%3.5%6.2%-4.5%4.0%4.6%
QoQ Delta Rev Chg LTM4.6%1.4%1.0%1.5%-1.1%1.0%1.2%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM11.9%15.1%14.8%15.6%12.2%23.3%14.9%
CFO/Rev 3Y Avg5.1%14.3%13.4%11.6%5.9%25.7%12.5%
FCF/Rev LTM11.6%15.1%14.8%15.5%11.6%21.0%14.9%
FCF/Rev 3Y Avg5.0%14.3%13.4%11.4%5.0%24.3%12.4%

Valuation

AAMECNOORITHGKMPRGLMedian
NameAtlantic.CNO Fina.Old Repu.Hanover .Kemper Globe Li. 
Mkt Cap0.14.110.46.31.911.65.2
P/S0.30.91.21.00.42.00.9
P/EBIT5.66.69.37.69.37.57.5
P/E10.713.912.410.012.910.111.6
P/CFO2.26.18.06.23.28.46.2
Total Yield9.3%8.8%15.5%12.1%12.0%10.6%11.3%
Dividend Yield0.0%1.6%7.5%2.1%4.3%0.7%1.8%
FCF Yield 3Y Avg18.7%16.7%11.6%12.6%8.3%12.5%12.6%
D/E0.71.00.20.20.50.20.4
Net D/E-0.8-1.1-0.1-0.60.3-1.3-0.7

Returns

AAMECNOORITHGKMPRGLMedian
NameAtlantic.CNO Fina.Old Repu.Hanover .Kemper Globe Li. 
1M Rtn-2.9%2.4%9.2%2.9%-17.3%4.4%2.7%
3M Rtn7.2%3.2%-2.9%-4.7%-22.5%7.1%0.2%
6M Rtn-21.6%7.8%13.4%1.9%-40.1%3.0%2.4%
12M Rtn71.8%7.0%23.6%11.1%-50.7%17.7%14.4%
3Y Rtn16.1%73.4%98.2%36.0%-45.4%21.2%28.6%
1M Excs Rtn-2.8%2.5%9.3%3.0%-17.3%4.4%2.7%
3M Excs Rtn9.8%-0.1%-6.9%-8.6%-23.6%3.8%-3.5%
6M Excs Rtn-29.4%1.6%6.8%-5.2%-47.2%-4.1%-4.6%
12M Excs Rtn57.9%-8.8%9.2%-3.0%-66.2%2.3%-0.4%
3Y Excs Rtn-57.5%6.9%27.0%-37.8%-118.4%-50.0%-43.9%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20242023202220212020
Bankers Fidelity203195227236224
American Southern149144162159142
Corporate & Other29281310155
Adjustments & Eliminations    -143
Total381367402405378


Price Behavior

Price Behavior
Market Price$2.69 
Market Cap ($ Bil)0.1 
First Trading Date09/07/1984 
Distance from 52W High-23.8% 
   50 Days200 Days
DMA Price$2.75$2.59
DMA Trendupup
Distance from DMA-2.3%4.0%
 3M1YR
Volatility87.0%77.7%
Downside Capture8.8660.75
Upside Capture50.84105.30
Correlation (SPY)8.0%16.0%
AAME Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta1.021.281.300.850.670.46
Up Beta-0.434.891.700.700.350.36
Down Beta1.031.211.150.850.760.52
Up Capture70%61%100%102%117%17%
Bmk +ve Days11223471142430
Stock +ve Days7162758115337
Down Capture212%14%133%77%81%76%
Bmk -ve Days9192754109321
Stock -ve Days10223161120350

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AAME
AAME39.4%71.8%0.75-
Sector ETF (XLF)2.8%19.7%0.0320.2%
Equity (SPY)17.2%19.4%0.6916.8%
Gold (GLD)75.4%25.7%2.16-5.0%
Commodities (DBC)9.7%16.9%0.383.7%
Real Estate (VNQ)7.2%16.6%0.2512.6%
Bitcoin (BTCUSD)-27.7%44.9%-0.591.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AAME
AAME-8.9%61.8%0.10-
Sector ETF (XLF)12.0%18.8%0.5110.8%
Equity (SPY)13.6%17.0%0.639.4%
Gold (GLD)23.4%17.1%1.121.2%
Commodities (DBC)10.7%19.0%0.45-0.1%
Real Estate (VNQ)5.3%18.8%0.184.6%
Bitcoin (BTCUSD)5.1%57.1%0.314.1%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AAME
AAME-2.6%76.7%0.27-
Sector ETF (XLF)13.8%22.2%0.576.1%
Equity (SPY)15.5%17.9%0.757.6%
Gold (GLD)15.2%15.6%0.811.3%
Commodities (DBC)8.4%17.6%0.393.4%
Real Estate (VNQ)6.6%20.7%0.283.8%
Bitcoin (BTCUSD)66.0%66.7%1.055.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date2132026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 131202672.0%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity20.4 Mil
Short % of Basic Shares0.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/14/2025-3.3%-21.5%-16.9%
8/12/20252.7%40.4%44.2%
3/25/202529.9%24.1%14.2%
11/12/20240.9%1.5%-11.6%
8/14/20246.7%0.7%16.0%
4/1/2024-8.5%-23.0%-32.7%
11/13/20238.2%19.5%19.0%
6/30/20232.1%3.7%-3.2%
...
SUMMARY STATS   
# Positive11107
# Negative6710
Median Positive2.7%8.0%14.2%
Median Negative-3.4%-21.2%-14.3%
Max Positive29.9%40.4%44.2%
Max Negative-8.5%-26.8%-32.7%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/14/202510-Q
06/30/202508/12/202510-Q
03/31/202505/13/202510-Q
12/31/202403/25/202510-K
09/30/202411/12/202410-Q
06/30/202408/14/202410-Q
03/31/202405/14/202410-Q
12/31/202304/01/202410-K
09/30/202311/13/202310-Q
06/30/202308/08/202310-Q
03/31/202306/30/202310-Q
12/31/202206/30/202310-K
09/30/202211/08/202210-Q
06/30/202208/12/202210-Q
03/31/202205/11/202210-Q
12/31/202103/25/202210-K