AMERISAFE (AMSF) vs NI (NODK)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
NI (NODK) has outperformed AMERISAFE (AMSF) over the past year, gaining 10.1% versus a loss of 41.0%. Over five years, NODK leads with a -25.2% price change compared with -57.0% for AMSF. AMERISAFE is the larger company by market cap ($458.6 million vs $303.8 million), about 1.5 times the size.
On valuation, AMERISAFE trades at a lower trailing P/E (10.0x vs 39.2x for NI). AMERISAFE pays a dividend yielding 6.47%, while NI does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AMSF | NODK |
|---|---|---|
| Share price | $24.74 | $14.89 |
| Market cap | $458.58M | $303.83M |
| 1-day change | +1.85% | +1.02% |
| YTD return | -35.59% | +11.95% |
| 1-year return | -41.00% | +10.13% |
| 5-year return | -56.98% | -25.21% |
| P/E ratio (TTM) | 9.98 | 39.18 |
| Forward P/E | 12.27 | — |
| EPS (TTM) | $2.48 | $0.38 |
| Dividend yield | 6.47% | 0.00% |
| Annual dividend | $1.60 | $0.00 |
| 52-week high | $42.22 | $16.70 |
| 52-week low | $23.20 | $12.37 |
| Distance from 52-week high | -41.40% | -10.84% |
| Analyst consensus | none | — |
| Avg. price target upside | +44.18% | — |
| Average volume | 434.40K | 25.73K |
| Shares outstanding | 18.54M | 20.40M |
| Employees | — | 166 |
| Sector | Finance | Financial Services |
| Industry | Property-Casualty Insurers | Insurance - Property & Casualty |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NODK has outperformed AMSF by 51.1 percentage points over the past year.
- NI trades at a higher earnings multiple (39.2x vs 10.0x trailing P/E).
- AMERISAFE offers a meaningfully higher dividend yield (6.47% vs 0.00%).
- The two companies sit in different sectors: AMERISAFE in Finance and NI in Financial Services.
About AMERISAFE
AMSF stock →AMERISAFE, Inc., an insurance holding company, underwrites workers' compensation insurance in the United States. The company provides benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses.
Finance · Property-Casualty Insurers
About NI
NODK stock →NI Holdings, Inc., together with its subsidiaries, underwrites property and casualty insurance products in the United States. Its products include private passenger auto, homeowners, farm owners, commercial multi-peril, crop hail, excess liability, dwelling, and federal multi-peril crop insurance policies, as well as non-standard automobile insurance policies.
Financial Services · Insurance - Property & Casualty · 166 employees
AMSF vs NODK FAQ
Which is bigger, AMERISAFE or NI?
AMERISAFE (AMSF) is larger, with a market capitalization of $458.58M compared with $303.83M for NI (NODK).
Which stock has performed better over the past year, AMSF or NODK?
NODK returned +10.13% over the past 12 months, compared with -41.00% for AMSF (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AMSF or NODK?
AMSF has the lower trailing P/E at 10.0, versus 39.2 for NODK. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AMERISAFE or NI?
AMERISAFE pays a dividend yielding 6.47%, while NI does not currently pay a regular dividend.
Are AMERISAFE and NI in the same industry?
No. AMERISAFE is in the Finance sector, while NI is in Financial Services.