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American Coastal Insurance NasdaqCM:ACIC Stock Report

Last Price

US$13.13

Market Cap

US$632.9m

7D

-5.4%

1Y

41.3%

Updated

22 Dec, 2024

Data

Company Financials +

American Coastal Insurance Corporation

NasdaqCM:ACIC Stock Report

Market Cap: US$632.9m

ACIC Stock Overview

Through its subsidiaries, primarily engages in the commercial and personal property, and casualty insurance business in the United States. More details

ACIC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

My Notes

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American Coastal Insurance Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for American Coastal Insurance
Historical stock prices
Current Share PriceUS$13.13
52 Week HighUS$15.08
52 Week LowUS$8.82
Beta-0.24
1 Month Change-2.45%
3 Month Change15.48%
1 Year Change41.33%
3 Year Change203.23%
5 Year Change5.89%
Change since IPO185.43%

Recent News & Updates

Improved Earnings Required Before American Coastal Insurance Corporation (NASDAQ:ACIC) Stock's 40% Jump Looks Justified

Nov 07
Improved Earnings Required Before American Coastal Insurance Corporation (NASDAQ:ACIC) Stock's 40% Jump Looks Justified

Recent updates

Improved Earnings Required Before American Coastal Insurance Corporation (NASDAQ:ACIC) Stock's 40% Jump Looks Justified

Nov 07
Improved Earnings Required Before American Coastal Insurance Corporation (NASDAQ:ACIC) Stock's 40% Jump Looks Justified

American Coastal Insurance: A Remarkable Comeback

Jul 17

American Coastal Insurance Corporation (NASDAQ:ACIC) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

Feb 16
American Coastal Insurance Corporation (NASDAQ:ACIC) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected

American Coastal Insurance: Stock Continues To Gain Traction But Caution Required

Jan 12

Revenues Not Telling The Story For American Coastal Insurance Corporation (NASDAQ:ACIC)

Dec 25
Revenues Not Telling The Story For American Coastal Insurance Corporation (NASDAQ:ACIC)

United Insurance estimates $36.4M in catastrophe losses from Hurricane Ian

Oct 12

United Insurance: More United Revenue Streams May Lead To A Rebound

Sep 27

United Insurance files withdrawal plans in three states due to personal-lines uncertainty

Aug 25

United Insurance reports Q2 estimated losses, consolidates Florida-based insurers

Jul 27

United Insurance initiates strategic review

Jul 13

United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06

Feb 27
United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06

United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06

Nov 13
United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06

United Insurance, Republic First Bancorp may fall out of Russell 2000, KBW says

Jun 02

United Insurance Holdings declares $0.06 dividend

May 05

United Insurance Holdings declares $0.06 dividend

May 03

Read This Before Selling United Insurance Holdings Corp. (NASDAQ:UIHC) Shares

Mar 16
Read This Before Selling United Insurance Holdings Corp. (NASDAQ:UIHC) Shares

Shareholder Returns

ACICUS InsuranceUS Market
7D-5.4%-2.2%-2.4%
1Y41.3%26.1%23.3%

Return vs Industry: ACIC exceeded the US Insurance industry which returned 26.1% over the past year.

Return vs Market: ACIC exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is ACIC's price volatile compared to industry and market?
ACIC volatility
ACIC Average Weekly Movement9.7%
Insurance Industry Average Movement4.2%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: ACIC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ACIC's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199971Dan Peedwww.amcoastal.com

American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property, and casualty insurance business in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism.

American Coastal Insurance Corporation Fundamentals Summary

How do American Coastal Insurance's earnings and revenue compare to its market cap?
ACIC fundamental statistics
Market capUS$632.93m
Earnings (TTM)US$84.83m
Revenue (TTM)US$290.78m

7.5x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACIC income statement (TTM)
RevenueUS$290.78m
Cost of RevenueUS$127.94m
Gross ProfitUS$162.84m
Other ExpensesUS$78.02m
EarningsUS$84.83m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.76
Gross Margin56.00%
Net Profit Margin29.17%
Debt/Equity Ratio57.4%

How did ACIC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

American Coastal Insurance Corporation is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew CarlettiJMP Securities
Christopher CampbellKeefe, Bruyette, & Woods
Charles Gregory PetersRaymond James & Associates