American Coastal Insurance Corporation (ACIC)

NASDAQ: ACIC · IEX Real-Time Price · USD
10.75
-0.11 (-1.01%)
Jun 14, 2024, 4:00 PM EDT - Market closed
-1.01%
Market Cap 514.16M
Revenue (ttm) 269.43M
Net Income (ttm) 66.23M
Shares Out 47.83M
EPS (ttm) 1.38
PE Ratio 7.79
Forward PE 10.54
Dividend n/a
Ex-Dividend Date n/a
Volume 157,544
Open 10.74
Previous Close 10.86
Day's Range 10.60 - 10.90
52-Week Range 3.84 - 14.38
Beta -0.23
Analysts Buy
Price Target 15.00 (+39.54%)
Earnings Date Aug 8, 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 $15.0.

Price Target
$15.0
(39.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

5 weeks 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 ...

5 weeks 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 weeks ago - Business Wire

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 ...

3 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...

4 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...

5 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 ...

7 months ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Coastal Insurance Corporation - ACIC

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation ("ACI" or the "Company") (NASDAQ: ACIC). Such investors a...

8 months ago - PRNewsWire

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...

8 months ago - Business Wire

ACIC LOSS ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation - ACIC

NEW YORK , Sept. 21, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American ...

9 months ago - PRNewsWire

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation – ACIC

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American Coastal Insuranc...

9 months ago - Business Wire

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 ...

11 months 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...

11 months 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 Holdings Corp. Reports Financial Results for Its First Quarter Ended March 31, 2023

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) ("UIHC" or "the Company"), a property and casualty insurance holding company, today reported its financial results...

1 year ago - Business Wire

United Insurance Holdings Corp. Schedules 2023 First Quarter Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (“the Company”), a property and casualty insurance holding company, announced today that it expects to release its...

1 year ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial re...

1 year ago - Business Wire

United Insurance Holdings Corp. Schedules 2022 Fourth Quarter and Full Year 2022 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects...

1 year ago - Business Wire

United Insurance Holdings Corp. Announces the Sale of Its Florida Personal Lines Renewal Rights to Slide Insurance, Inc.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC), a property and casualty insurance holding company (“UPC Insurance”), announced today that it has sold the renew...

1 year ago - Business Wire

United Insurance Holdings Corp. Announces Personal Lines Withdrawal Plans in Florida, Texas, Louisiana and New York, and Pursuit of Strategic Alternatives

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its person...

1 year ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its Second Quarter Ended June 30, 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial re...

2 years ago - Business Wire