American Coastal Insurance Corporation (ACIC)
NASDAQ: ACIC · Real-Time Price · USD
11.94
-0.36 (-2.93%)
Nov 4, 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 15, which predicts an increase of 25.63% from the current stock price of 11.94.

Analyst Consensus: Buy
Target Low Average Median High
Price $15 $15 $15 $15
Change +25.63% +25.63% +25.63% +25.63%
* Price targets were last updated on Jan 17, 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 Aug '24Sep '24Oct '24
Strong Buy 000
Buy 111
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Raymond James
Raymond James
Buy
Initiates
$15
Buy Initiates $15 +25.63% Jan 17, 2024
Benchmark
Benchmark
Strong Buy
Initiates
$15
Strong Buy Initiates $15 +25.63% Sep 1, 2021
More Analyst Ratings

Financial Forecast

Revenue This Year
290.70M
Revenue Next Year
328.44M
from 290.70M
Increased by 12.98%
EPS This Year
1.43
from 6.98
Decreased by -79.54%
EPS Next Year
1.53
from 1.43
Increased by 7.14%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----290.70M328.44M364.88M
Revenue Growth
13.98%2.61%-72.99%17.97%6.21%-12.98%11.09%
EPS
-0.70-2.25-1.35-10.926.981.431.531.63
EPS Growth
------79.54%7.14%6.67%
Forward PE
-----8.367.807.32
No. Analysts -----333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 299.3M 338.1M 375.6M
Avg 290.7M 328.4M 364.9M
Low 279.3M 315.6M 350.6M

Revenue Growth

Revenue Growth 202420252026
High -
16.3%
14.4%
Avg -
13.0%
11.1%
Low -
8.6%
6.7%

EPS Forecast

EPS 202420252026
High 1.47 1.58 1.68
Avg 1.43 1.53 1.63
Low 1.37 1.47 1.57

EPS Growth

EPS Growth 202420252026
High
-78.9%
10.3%
9.8%
Avg
-79.5%
7.1%
6.7%
Low
-80.3%
2.9%
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.