AAME: Atlantic American Corporation - Summary | Jitta

Atlantic American Corporation

NASDAQ:AAME

Price
$1.13
Loss Chance
44.7%
4.40JITTA SCORE
32.73%Under Jitta Line
Jitta Ranking
101 / 113
611 / 708
3,012 / 4,239
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (47)
Recent Business Performance (75)
Financial Strength (71)
Return to Shareholders (8)
Competitive Advantage (35)
Jitta Signs
Investment yield (ROI)Greater than 3% Every Year
Revenue and EarningEarning loss detected in 2024
Operating MarginInconsistent
Recent Business PerformanceEarning decline 59.80% in the last quarter (yoy)
Key Stats
Jitta Score
Jitta Line
4.40
32.73%
5.34
30.37%
5.41
118.21%
Multi-line Insurance
7.40
60.75%
COMPANY DESCRIPTION
Atlantic American Corporation, through its subsidiaries, provides life, health, property, and casualty insurance products in the United States. It operates through American Southern and Bankers Fidelity segments. The company offers property and casualty insurance products, including commercial automobile insurance coverage for state governments, local municipalities, and other motor pools and fleets; general liability insurance; and inland marine insurance products. It also provides surety bond coverage for subdivision construction; school bus contracts; and performance and payment bonds. In addition, the company offers individual and group whole life insurance products; Medicare supplement insurance products; Vantage Flex Plus, a hospital indemnity plan; and Vantage Recovery, a short-term care product and a group whole life product featuring a chronic illness rider. Further, it provides other accident and health insurance products comprising various individual and group policies for the payment of benefits that help defray the health care and other costs associated with the treatment of cancer and other critical illnesses; policies that reimburse the costs associated with short-term nursing facility care; policies that provides monthly benefits in the event of a covered disability; and policies that offer cash benefits in the event of a covered accident or a covered hospital stay. The company markets its products through independent agents and brokers. The company was founded in 1937 and is based in Atlanta, Georgia. Atlantic American Corporation operates as a subsidiary of Atlantic American / Delta Group.