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American Coastal Insurance NasdaqCM:ACIC Stock Report

Last Price

US$12.85

Market Cap

US$634.9m

7D

1.7%

1Y

56.5%

Updated

14 Nov, 2024

Data

Company Financials +

American Coastal Insurance Corporation

NasdaqCM:ACIC Stock Report

Market Cap: US$634.9m

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American Coastal Insurance Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for American Coastal Insurance
Historical stock prices
Current Share PriceUS$12.85
52 Week HighUS$14.38
52 Week LowUS$7.90
Beta-0.27
11 Month Change21.11%
3 Month Change10.97%
1 Year Change56.52%
33 Year Change171.67%
5 Year Change1.90%
Change since IPO179.35%

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
7D1.7%1.2%-0.5%
1Y56.5%32.0%32.3%

Return vs Industry: ACIC exceeded the US Insurance industry which returned 34.2% over the past year.

Return vs Market: ACIC exceeded the US Market which returned 33.1% over the past year.

Price Volatility

Is ACIC's price volatile compared to industry and market?
ACIC volatility
ACIC Average Weekly Movement9.5%
Insurance Industry Average Movement4.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.0%

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 (9%) 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$634.86m
Earnings (TTM)US$84.83m
Revenue (TTM)US$290.78m

7.3x

P/E Ratio

2.1x

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