American Coastal Insurance Corporation (ACIC)
NASDAQ: ACIC · Real-Time Price · USD
13.38
-0.27 (-1.98%)
Dec 27, 2024, 4:00 PM EST - Market closed
ACIC Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for ACIC stock has a target of 16, which predicts an increase of 19.58% from the current stock price of 13.38.
Analyst Consensus: Buy
* Price targets were last updated on Nov 12, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for ACIC is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Buy Maintains $15 → $16 | Buy | Maintains | $15 → $16 | +19.58% | Nov 12, 2024 |
| Raymond James | Raymond James | Buy Initiates $15 | Buy | Initiates | $15 | +12.11% | Jan 17, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +12.11% | Sep 1, 2021 |
Financial Forecast
Revenue This Year
281.52M
Revenue Next Year
317.22M
from 281.52M
Increased by 12.68%
EPS This Year
1.58
from 6.98
Decreased by -77.35%
EPS Next Year
1.53
from 1.58
Decreased by -3.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 289.8M | 326.6M | 353.9M |
| Avg | 281.5M | 317.2M | 343.7M |
| Low | 270.5M | 304.8M | 330.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 16.0% | 11.5% |
| Avg | - | 12.7% | 8.4% |
| Low | - | 8.3% | 4.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.63 | 1.58 | 1.68 |
| Avg | 1.58 | 1.53 | 1.63 |
| Low | 1.52 | 1.47 | 1.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -76.7% | -0.4% | 9.8% |
| Avg | -77.3% | -3.2% | 6.7% |
| Low | -78.2% | -7.0% | 2.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.