American Coastal Insurance Corporation (ACIC)

NASDAQ: ACIC · Real-Time Price · USD
12.99
-0.11 (-0.84%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.84%
Market Cap 626.18M
Revenue (ttm) 290.78M
Net Income (ttm) 85.06M
Shares Out 48.20M
EPS (ttm) 1.76
PE Ratio 7.38
Forward PE 11.20
Dividend n/a
Ex-Dividend Date n/a
Volume 180,271
Open 13.08
Previous Close 13.10
Day's Range 12.94 - 13.17
52-Week Range 8.10 - 14.38
Beta -0.27
Analysts Buy
Price Target 16.00 (+23.17%)
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]

Sector Financials
Founded 1999
Employees 71
Stock Exchange NASDAQ
Ticker Symbol ACIC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for ACIC stock is "Buy" and the 12-month stock price forecast is $16.0.

Price Target
$16.0
(23.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

American Coastal Insurance Corporation (ACIC) Q3 2024 Earnings Call Transcript

American Coastal Insurance Corporation (ACIC) Q3 2024 Earnings Call Transcript

14 days ago - Seeking Alpha

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...

16 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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.

Other symbols: ALLCBRNR
5 weeks ago - Barrons

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...

3 months ago - Seeking Alpha

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...

4 months ago - GlobeNewsWire

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...

4 months ago - Seeking Alpha

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...

5 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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 ...

6 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

7 months ago - Business Wire

American Coastal Insurance Corporation (ACIC) Q4 2023 Earnings Call Transcript

American Coastal Insurance Corporation (ACIC) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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 ...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

United Insurance Holdings Corp. to Present at the 26th Annual Raymond James Insurance Conference

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...

1 year ago - Business Wire

United Insurance: A United Business Model With Solid Returns And Sound Fundamentals

United Insurance Holdings Corp. started the year with impressive results. Its excellent financial positioning remains one of its sturdy foundations.

1 year ago - Seeking Alpha