American Coastal Insurance Corporation (ACIC)
| Market Cap | 632.93M |
| Revenue (ttm) | 290.78M |
| Net Income (ttm) | 85.06M |
| Shares Out | 48.20M |
| EPS (ttm) | 1.76 |
| PE Ratio | 7.48 |
| Forward PE | 10.85 |
| Dividend | n/a |
| Ex-Dividend Date | Jan 2, 2025 |
| Volume | 256,359 |
| Open | 12.85 |
| Previous Close | 13.01 |
| Day's Range | 12.80 - 13.30 |
| 52-Week Range | 8.82 - 15.08 |
| Beta | -0.24 |
| Analysts | Buy |
| Price Target | 16.00 (+21.86%) |
| Earnings Date | Nov 6, 2024 |
About ACIC
American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property, and casualty insurance business in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vanda... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ACIC stock is "Buy" and the 12-month stock price forecast is $16.0.
News
American Coastal: Well-Positioned For Continued Profitability
I reaffirm my buy rating for American Coastal with a long-term price target of $20, as the stock hits new highs at $14 per share. Despite Hurricane Milton and Helene, American Coastal's strong reinsur...
American Coastal Insurance Corporation Declares Special Cash Dividend of $0.50 Per Share
ST. PETERSBURG, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Ame...
American Coastal Insurance Corporation (ACIC) Q3 2024 Earnings Call Transcript
American Coastal Insurance Corporation (ACIC) Q3 2024 Earnings Call Transcript
American Coastal Insurance Corporation to Host Their 2024 Virtual Investor Day on December 4th at 11:00 a.m. ET
ST. PETERSBURG, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of Amer...
American Coastal Insurance Corporation Provides Hurricane Loss Updates and Schedules Release of Third Quarter 2024 Financial Results and Conference Call
ST. PETERSBURG, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of Amer...
Hurricane Milton Did Less Damage Than Feared. Insurance Stocks Rally.
The storm avoided a direct strike on Tampa, which is home to three million residents.
American Coastal Insurance Corporation (ACIC) Q2 2024 Earnings Call Transcript
American Coastal Insurance Corporation (NASDAQ:ACIC) Q2 2024 Earnings Call August 7, 2024 5:00 PM ET Company Participants Karin Daly - Investor Relations Bennett Bradford Martz - President Svetlana C...
American Coastal Insurance Corporation Schedules Second Quarter 2024 Financial Results and Conference Call
ST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of Amer...
American Coastal Insurance: A Remarkable Comeback
American Coastal Insurance has strong first quarter earnings with a combined ratio of 57.8% and core ROE of 69.7%, offering attractive earnings for investors. The company has a contrarian-like underwr...
American Coastal Insurance Corporation Announces a Five-Year Extension of Its Exclusive MGA Agreement With AmRisc and the Election of Two New Directors to Its Insurance Subsidiary
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...
American Coastal Insurance Corporation (ACIC) Q1 2024 Earnings Call Transcript
American Coastal Insurance Corporation (NASDAQ:ACIC) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Karin Daly - Vice President of Investor Relations Daniel Peed - Chairm...
American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance ...
American Coastal Insurance Corporation Reports Financial Results for Its First Quarter Ended March 31, 2024
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...
American Coastal Insurance Corporation Schedules First Quarter 2024 Financial Results and Conference Call
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...
American Coastal Insurance Corporation (ACIC) Q4 2023 Earnings Call Transcript
American Coastal Insurance Corporation (ACIC) Q4 2023 Earnings Call Transcript
American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2023
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...
American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2023 Financial Results and Conference Call
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insu...
American Coastal Insurance Corporation Announces Leadership Changes
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) (“the Company, “American Coastal”, or “ACIC”) a property and casualty insurance holding company, today anno...
American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2023
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...
American Coastal Insurance Corporation Schedules Third Quarter 2023 Financial Results and Conference Call
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (NASDAQ: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance C...
American Coastal Insurance Stock: Recent Trends Point To Gains
American Coastal Insurance stock experienced a decline after a bullish stance in March 2021. American Coastal's Q2 2023 performance showed strong top-line growth and improved underwriting in commercia...
United Insurance Holdings Corporation (UIHC) Q2 2023 Earnings Call Transcript
United Insurance Holdings Corporation (NASDAQ:UIHC) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Karin Daly - VP, IR Robert Peed - Chairman & CEO Bennett Martz - P...
American Coastal Insurance Corporation Reports Financial Results for Its Second Quarter Ended June 30, 2023
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: UIHC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...
United Insurance Holdings Corp. (UIHC) Announces Name and Ticker Change to American Coastal Insurance Corporation (ACIC)
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it has ch...
United Insurance Holdings Corp. Rejoins the Russell 3000 and Russell 2000 Index
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) ("UIHC" or "the Company"), a property and casualty insurance holding company that underwrites commercial residenti...