Atlantic American Corporation (AAME) has reported a net income of $0.4 million, or $0.02 per diluted share, for the fourth quarter of 2024. This is in contrast to a net loss of $2.2 million, or $0.11 per diluted share, for the same period in 2023. However, the company reported a net loss of $4.3 million, or $0.23 per diluted share, for the full year of 2024.

The North American Morning Briefing highlights key reports and financial data releases for the day. The UK is to release the Mar CBI Growth Indicator and Service Sector Survey, France will reveal Feb Household Consumption Expenditure in Manufactured Goods and Mar Provisional CPI, and Germany will publish Mar Labour Market Statistics. In the US, the final Mar University of Michigan Survey of Consumers is scheduled. Various companies, including Adverum Biotechnologies Inc, Aerovate Therapeutics Inc, and AgEagle Aerial Systems Inc are expected to report their 4Q results.

The Atlantic American Corporation has reported a net loss for the year ending December 31, 2024, primarily due to unfavorable experiences in its property and casualty operations. However, the company experienced strong sales in its Medicare supplement business. Despite the net loss, an annual dividend of $0.02 per share has been declared.

The text provided is a management discussion and analysis (MD&A) of Atlantic American Corporation's financial condition and operational results for the years ended December 31, 2024, and 2023. The company is an insurance holding company, mainly operating through its subsidiaries: American Southern Insurance Company and American Safety Insurance Company. The results from past periods do not necessarily predict future outcomes. This analysis should be viewed in conjunction with the company's consolidated financial statements and related notes.

1) Brief Summary: The company has seen a modest performance increase over the past month (1.30%) and quarter (4.23%), despite a significant drop in performance over the past week (-12.36%). The company's sales have increased slightly year over year (0.77%), and more significantly quarter over quarter (4.92%). However, the company is currently operating at a loss, as indicated by the negative Return on Equity (-4.13%) and Return on Investment (-3.30%). The company's debt to equity ratio is relatively low (0.43), suggesting a manageable level of debt. Insider ownership is high (81.21%), indicating confidence in the company from those with intimate knowledge of its operations. 2) MARKET_SCORE: Based on the company's recent performance, and considering its financial metrics, I would calculate a 70% likelihood of an upward move. Thus, MARKET_SCORE: 70

3) PRICE_TARGET: Considering the company's current performance and its financial metrics, I believe a modest price target would be appropriate. If the latest closing price is $1.56, I would add a 20% increase. Thus, PRICE_TARGET: $1.87

4) AI_RPT_HEADLINE: "Modest Growth Despite Challenges; High Insider Confidence Signals Potential Upside"

X2 <- More SEC filings (10-K, 10-Q, 8-K) Financials, risk disclosures, and business changes

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