American Coastal Insurance Corporation (ACIC)
NASDAQ: ACIC · Real-Time Price · USD
13.46
+0.14 (1.05%)
Nov 22, 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 18.87% from the current stock price of 13.46.
Analyst Consensus: Buy
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 '24 | Sep '24 | Oct '24 | Nov '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 | +18.87% | Nov 12, 2024 |
| Raymond James | Raymond James | Buy Initiates $15 | Buy | Initiates | $15 | +11.44% | Jan 17, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $15 | Strong Buy | Initiates | $15 | +11.44% | Sep 1, 2021 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 16.3% | 14.4% |
| Avg | - | 13.0% | 11.1% |
| Low | - | 8.6% | 6.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.