ACIC icon

American Coastal Insurance

12.10 USD
+0.28
2.37%
At close Feb 13, 4:00 PM EST
After hours
12.35
+0.25
2.07%
1 day
2.37%
5 days
-0.25%
1 month
0.75%
3 months
-8.12%
6 months
8.62%
Year to date
-4.95%
1 year
4.13%
5 years
13.62%
10 years
-55.84%
 

About: American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary. The company has two segments namely: Commercial Lines Business and Personal Lines Business. It derives maximum revenue from Commercial Lines Business Segment.

Employees: 71

0
Funds holding %
of 6,831 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

69% more call options, than puts

Call options by funds: $5.73M | Put options by funds: $3.39M

34% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 29

12% more capital invested

Capital invested by funds: $110M [Q2] → $124M (+$13.2M) [Q3]

1.02% more ownership

Funds ownership: 21.89% [Q2] → 22.91% (+1.02%) [Q3]

5% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 19

0% more funds holding

Funds holding: 106 [Q2] → 106 (+0) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for ACIC.

Financial journalist opinion

Neutral
GlobeNewsWire
7 hours ago
American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2024 Financial Results and Conference Call
ST. PETERSBURG, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.
American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2024 Financial Results and Conference Call
Positive
Seeking Alpha
2 weeks ago
American Coastal Insurance Corporation: Safety And Sustainability Amid Market Volatility
American Coastal Insurance Corporation has shown improved stability and growth through prudent risk diversification, reinsurance strategies, and solid underwriting policies despite the volatile P&C market. ACIC's operating revenue increased significantly, with net premiums earned as the primary component, while investment earnings also showed notable growth, enhancing overall financial stability. The company's liquidity remains strong, supported by adequate cash reserves and strategic investments in debt and equity securities, ensuring resilience against industry volatility.
American Coastal Insurance Corporation: Safety And Sustainability Amid Market Volatility
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 31st
ACIC, NWBI and NCLH made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 31, 2024.
Best Value Stocks to Buy for December 31st
Positive
Zacks Investment Research
1 month ago
Best Value Stocks to Buy for December 26th
VLRS, OII and ACIC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 26, 2024.
Best Value Stocks to Buy for December 26th
Positive
Seeking Alpha
2 months ago
American Coastal: Well-Positioned For Continued Profitability
I reaffirm my buy rating for American Coastal with a long-term price target of $20, as the stock hits new highs at $14 per share. Despite Hurricane Milton and Helene, American Coastal's strong reinsurance and careful underwriting resulted in minimal after-tax losses, showcasing their resilience. ACIC's exclusion of flood damage and substantial reinsurance capacity demonstrate their preparedness and expertise in managing high-risk areas.
American Coastal: Well-Positioned For Continued Profitability
Neutral
GlobeNewsWire
2 months ago
American Coastal Insurance Corporation Declares Special Cash Dividend of $0.50 Per Share
ST. PETERSBURG, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that its Board of Directors declared a special cash dividend of $0.50 per share of common stock outstanding, payable on January 10, 2025, to shareholders of record on January 2, 2025.
American Coastal Insurance Corporation Declares Special Cash Dividend of $0.50 Per Share
Neutral
Finbold
2 months ago
‘Big Short' Michael Burry stock portfolio update
After the famous ‘Big Short' investor Michael Burry abandoned his 2023 bet against the semiconductor industry – though, interestingly, the short position may not have been wrong, only poorly timed – he again stirred controversy with his persistent bullishness about Chinese stocks.
‘Big Short' Michael Burry stock portfolio update
Positive
Zacks Investment Research
3 months ago
American Coastal Insurance (ACIC) Surpasses Q3 Earnings Estimates
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.34 per share a year ago.
American Coastal Insurance (ACIC) Surpasses Q3 Earnings Estimates
Neutral
GlobeNewsWire
3 months ago
American Coastal Insurance Corporation to Host Their 2024 Virtual Investor Day on December 4th at 11:00 a.m. ET
ST. PETERSBURG, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company (“AmCoastal”), will host their 2024 Virtual Investor Day on Wednesday, December 4, 2024, at 11:00 a.m. Eastern Time.
American Coastal Insurance Corporation to Host Their 2024 Virtual Investor Day on December 4th at 11:00 a.m. ET
Neutral
Zacks Investment Research
3 months ago
American Coastal Insurance (ACIC) Earnings Expected to Grow: Should You Buy?
American Coastal (ACIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
American Coastal Insurance (ACIC) Earnings Expected to Grow: Should You Buy?
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