American Coastal Insurance Corporation (ACIC)
NASDAQ: ACIC · IEX Real-Time Price · USD
10.69
+0.07 (0.66%)
Mar 28, 2024, 4:00 PM EDT - 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 40.32% from the current stock price of 10.69.
Analyst Consensus: Buy
* 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 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|
Strong Buy | 0 | 0 | 0 |
Buy | 1 | 1 | 1 |
Hold | 0 | 0 | 0 |
Sell | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 |
Total | 1 | 1 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Raymond James | Raymond James | Buy Initiates $15 | Buy | Initiates | $15 | +40.32% | Jan 17, 2024 |
Benchmark | Benchmark | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Sep 1, 2021 |
Financial Forecast
Revenue This Year
317.07M
from 286.54M
Increased by 10.65%
Revenue Next Year
397.33M
from 317.07M
Increased by 25.31%
EPS This Year
1.28
from 6.98
Decreased by -81.73%
EPS Next Year
1.73
from 1.28
Increased by 36.00%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 326.4M | 409.0M |
Avg | 317.1M | 397.3M |
Low | 304.6M | 381.8M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 13.9% | 29.0% |
Avg | 10.7% | 25.3% |
Low | 6.3% | 20.4% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 1.31 | 1.79 |
Avg | 1.28 | 1.73 |
Low | 1.23 | 1.67 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -81.2% | 40.0% |
Avg | -81.7% | 36.0% |
Low | -82.4% | 30.7% |
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.