Atlantic American Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 9.44
Dividend & Yield0.02$ (0.71%)
Beta 0.29
Market capitalization 57.54M
Operating cash flow 8.4M
ESG Scores unknown

Company description

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.

Sector: Financial Services - Industry: Insurance—Life

Financial Ratios
Quick Ratio1.35
Working Capital0.24
Return On Equity0.03
Debt To Equity0.24
Fixed Asset Ratio0.12
Fixed Interest Cover4.82

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -2.23M 3.47M 2.32M -947k
Total Cashflows From Investing Activities -14.79M 3.01M -2.06M 5.3M
Net Borrowings
Total Cash From Financing Activities -1.59M -939k -481k -954k
Change To Operating Activities 15.2M 7.85M -1.3M 1.7M
Issuance Of Stock 36k 26k 9k 6k
Net Income -704k -386k 12.17M 4.28M
Change In Cash -11.92M 263k 6.43M 5.43M
Effect Of Exchange Rate
Total Cash From Operating Activities 4.46M -1.81M 8.97M 1.09M
Depreciation 987k 996k 980k 1M
Change To Account Receivables -10.22M -4.71M 1.35M 1.54M
Other Cashflows From Financing Activities
Change To Netincome -16.19M -26.32M -25.95M -30.56M
Capital Expenditures -281k -69k -233k -107k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -971k -407k 15.5M 5.3M
Net Income -704k -386k 12.17M 4.28M
Selling General Administrative
Gross Profit 13.86M 13.48M 28.66M 20.36M
Ebit 1.07M 1.72M 17.11M 6.69M
Operating Income 1.07M 1.72M 17.11M 6.69M
Interest Expense -2.04M -2.13M -1.61M -1.39M
Income Tax Expense -267k -21k 3.33M 1.02M
Total Revenue 185.55M 198.18M 195.35M 199.55M
Cost Of Revenue 171.69M 184.7M 166.69M 179.19M
Total Other Income ExpenseNet -2.04M -2.13M -1.61M -1.39M
Net Income From Continuing Ops -704k -386k 12.17M 4.28M
Net Income Applicable To Common Shares -1.1M -785k 11.77M 3.88M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 242.9M 259.23M 260.13M 261M
Total Stockholder Equity 101.32M 118.34M 145M 141.23M
Other Current Liabilities 24.21M 26.04M 27.13M 27.47M
Total Assets 344.27M 377.63M 405.19M 402.29M
Common Stock 22.4M 22.4M 22.4M 22.4M
Other Current Assets 26.11M 32.13M 29.09M 27.42M
Retained Earnings 37.21M 36.02M 47.79M 51.26M
Treasury Stock -15.71M 2.1M 17.38M 10.12M
Cash 12.63M 12.89M 19.32M 24.75M
Total Current Liabilities 44.32M 49.62M 53.54M 49.59M
Other Stockholder Equity -7.72M 9.68M 24.72M 17.61M
Property, Plant, and Equipment 5.48M 4.83M 4.14M
Total Current Assets 53.96M 58.16M 75.92M 67.13M
Net Tangible Assets 98.77M 115.8M 142.46M 138.69M
Net Receivables 15.22M 13.13M 27.51M 14.96M
Accounts Payable 20.12M 23.59M 26.41M 21.09M


Insider Transactions

Here are the insider transactions of stock shares related to Atlantic American Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HOWELL HILTON H JRStock Award(Grant) at price 0.00 per share.I2022-11-11Chief Executive Officer10k
HOWELL ROBIN ROBINSONStock Award(Grant) at price 0.00 per share.D2022-11-11Director10k
WHEELER D KEEHLNStock Award(Grant) at price 0.00 per share.D2022-11-11Director10k
PREISINGER MARK EStock Award(Grant) at price 0.00 per share.D2022-11-11Director10k
ROBINSON HARRIETT JPurchase at price 3.13 per share.I2022-03-31Trustee1.36M
ROBINSON HARRIETT JSale at price 3.13 per share.I2022-03-31Trustee1.36M
ROBINSON HARRIETT JStock Gift at price 0.00 per share.D2021-02-04Trustee112.97k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Atlantic American Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Atlantic American Corp

Here is the result of two systematic investment strategies applied to Atlantic American Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Atlantic American Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Atlantic American Corp:

Atlantic American Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 89.23% on the backtest period.

Performance at glance

Performance

89.23 %

Latent gain

1561.01 $

Invested capital

1749.33 $

Annualized return

21.76 %
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Momentum strategy results on Atlantic American Corp

This is the result of two momentum investment strategies applied to Atlantic American Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Atlantic American Corp

The following chart shows all the entries opened by the momentum investment system on Atlantic American Corp:

Atlantic American Corp momentum entries
  • The first momentum investment strategy would give 80.52% of return on Atlantic American Corp. That represents 5634.74$ of latent gain with 6997.77$ of employed capital.
  • The second momentum investment strategy would give 76.01% of return on Atlantic American Corp. That represents 3612.91$ of latent gain with 4753.14$ of employed capital.
Performance at glance (1Q Momentum)

Performance

80.52 %

Latent gain

5634.74 $

Invested capital

6997.77 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

76.01 %

Latent gain

3612.91 $

Invested capital

4753.14 $

Annualized return

21.0 %

Momentum equity curve on Atlantic American Corp

The following chart shows the equity curve of the two momentum strategies applied to Atlantic American Corp:

Atlantic American Corp momentum equity

Note: the dividends potentially given by Atlantic American Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Atlantic American Corp

The following chart shows the employed capital evolution of the two momentum strategies on Atlantic American Corp since the beginning:

Atlantic American Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Atlantic American Corp

Buy the dip entry openings on Atlantic American Corp

Atlantic American Corp

The performance achieved by the robo-advisor on Atlantic American Corp is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Atlantic American Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Atlantic American Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Atlantic American Corp

The following chart shows the result of the investment strategy applied to Atlantic American Corp:

Atlantic American Corp

Note: the dividends potentially given by Atlantic American Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Atlantic American Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Atlantic American Corp:

Atlantic American Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Atlantic American Corp

In this section, I will compare the three previous investment strategies applied to Atlantic American Corp.

Equity curve comparison on Atlantic American Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Atlantic American Corp investment strategy comparison

Employed capital comparison on Atlantic American Corp

Atlantic American Corp investment comparison

Performance comparison on Atlantic American Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 89.23% 1561.01$ 1749.33$ 21.76%
Momentum 1 quarter 80.52% 5634.74$ 6997.77$ 20.86%
Momentum 2 quarters 76.01% 3612.91$ 4753.14$ 21.0%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

21.76 %

Momentum 1Q

21.0 %

Momentum 2Q

21.0 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Atlantic American Corp:

Positive correlations

Most correlated stocks this year

  • Atlantic American Corp

  • Most correlated stocks last 3 months

  • Atlantic American Corp

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Atlantic American Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Atlantic American Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Atlantic American Corp
    Country United States
    City Atlanta
    Address 4370 Peachtree Road, NE
    Phone 404 266 5500
    Website www.atlam.com
    FullTime employees 138
    Industry Insurance—Life
    Sector Financial Services
    Exchange XNAS
    Ticker AAME
    Market www.nasdaq.com

    Atlantic American Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown