American Coastal Insurance Past Earnings Performance
Past criteria checks 4/6
American Coastal Insurance's earnings have been declining at an average annual rate of -17.9%, while the Insurance industry saw earnings growing at 8.4% annually. Revenues have been declining at an average rate of 21% per year. American Coastal Insurance's return on equity is 37%, and it has net margins of 28%.
Key information
-17.9%
Earnings growth rate
-18.0%
EPS growth rate
| Insurance Industry Growth | 8.0% |
| Revenue growth rate | -21.0% |
| Return on equity | 37.0% |
| Net Margin | 28.0% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
American Coastal Insurance Corporation (NASDAQ:ACIC) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Feb 16
American Coastal Insurance: Stock Continues To Gain Traction But Caution Required
Jan 12Revenues Not Telling The Story For American Coastal Insurance Corporation (NASDAQ:ACIC)
Dec 25United Insurance estimates $36.4M in catastrophe losses from Hurricane Ian
Oct 12United Insurance: More United Revenue Streams May Lead To A Rebound
Sep 27United Insurance files withdrawal plans in three states due to personal-lines uncertainty
Aug 25United Insurance reports Q2 estimated losses, consolidates Florida-based insurers
Jul 27United Insurance initiates strategic review
Jul 13United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06
Feb 27United Insurance Holdings (NASDAQ:UIHC) Is Due To Pay A Dividend Of US$0.06
Nov 13United Insurance, Republic First Bancorp may fall out of Russell 2000, KBW says
Jun 02United Insurance Holdings declares $0.06 dividend
May 05United Insurance Holdings declares $0.06 dividend
May 03Read This Before Selling United Insurance Holdings Corp. (NASDAQ:UIHC) Shares
Mar 16United Insurance estimates $85-$100M catastrophe losses for Q4
Dec 16Have Insiders Been Buying United Insurance Holdings Corp. (NASDAQ:UIHC) Shares?
Nov 23United Insurance Holdings Corp. 2020 Q3 - Results - Earnings Call Presentation
Nov 09Revenue & Expenses BreakdownBeta
How American Coastal Insurance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 269 | 75 | 41 | 0 |
| 31 Dec 23 | 287 | 82 | 40 | 0 |
| 30 Sep 23 | 489 | -364 | 90 | 0 |
| 30 Jun 23 | 503 | -406 | 90 | 0 |
| 31 Mar 23 | 302 | -9 | 45 | 0 |
| 31 Dec 22 | 270 | -40 | 46 | 0 |
| 30 Sep 22 | 350 | -43 | 61 | 0 |
| 30 Jun 22 | 440 | -30 | 82 | 0 |
| 31 Mar 22 | 531 | -40 | 96 | 0 |
| 31 Dec 21 | 229 | -2 | 48 | 0 |
| 30 Sep 21 | 721 | -90 | 115 | 0 |
| 30 Jun 21 | 771 | -149 | 120 | 0 |
| 31 Mar 21 | 832 | -102 | 123 | 0 |
| 31 Dec 20 | 847 | -96 | 125 | 0 |
| 30 Sep 20 | 816 | -71 | 115 | 0 |
| 30 Jun 20 | 811 | -25 | 113 | 0 |
| 31 Mar 20 | 799 | -52 | 111 | 0 |
| 31 Dec 19 | 825 | -30 | 110 | 0 |
| 30 Sep 19 | 796 | -33 | 113 | 0 |
| 30 Jun 19 | 776 | -16 | 109 | 0 |
| 31 Mar 19 | 754 | 1 | 103 | 0 |
| 31 Dec 18 | 724 | 0 | 107 | 0 |
| 30 Sep 18 | 725 | 38 | 112 | 0 |
| 30 Jun 18 | 709 | 22 | 112 | 0 |
| 31 Mar 18 | 704 | 15 | 117 | 0 |
| 31 Dec 17 | 654 | 10 | 102 | 0 |
| 30 Sep 17 | 603 | -27 | 87 | 0 |
| 30 Jun 17 | 559 | 4 | 79 | 0 |
| 31 Mar 17 | 502 | 7 | 69 | 0 |
| 31 Dec 16 | 487 | 6 | 63 | 0 |
| 30 Sep 16 | 456 | 30 | 57 | 0 |
| 30 Jun 16 | 418 | 35 | 52 | 0 |
| 31 Mar 16 | 383 | 30 | 46 | 0 |
| 31 Dec 15 | 358 | 27 | 45 | 0 |
| 30 Sep 15 | 334 | 25 | 45 | 0 |
| 30 Jun 15 | 313 | 26 | 40 | 0 |
| 31 Mar 15 | 295 | 30 | 36 | 0 |
| 31 Dec 14 | 280 | 41 | 32 | 0 |
| 30 Sep 14 | 267 | 37 | 28 | 0 |
| 30 Jun 14 | 250 | 32 | 26 | 0 |
| 31 Mar 14 | 231 | 27 | 25 | 0 |
| 31 Dec 13 | 208 | 20 | 24 | 0 |
| 30 Sep 13 | 183 | 14 | 25 | 0 |
| 30 Jun 13 | 163 | 11 | 23 | 0 |
Quality Earnings: ACIC has high quality earnings.
Growing Profit Margin: ACIC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ACIC has become profitable over the past 5 years, growing earnings by -17.9% per year.
Accelerating Growth: ACIC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ACIC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Insurance industry (41%).
Return on Equity
High ROE: ACIC's Return on Equity (37%) is considered high.