company background image
ACIC logo

American Coastal Insurance NasdaqCM:ACIC Stock Report

Last Price

US$10.69

Market Cap

US$507.6m

7D

-1.6%

1Y

291.6%

Updated

28 Mar, 2024

Data

Company Financials +

American Coastal Insurance Corporation

NasdaqCM:ACIC Stock Report

Market Cap: US$507.6m

ACIC Stock Overview

American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property, and casualty insurance business in the United States.

ACIC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health4/6
Dividends0/6

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$10.69
52 Week HighUS$14.25
52 Week LowUS$1.48
Beta-0.18
1 Month Change-22.31%
3 Month Change13.00%
1 Year Change291.58%
3 Year Change40.66%
5 Year Change-34.82%
Change since IPO132.39%

Recent News & Updates

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

Recent updates

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

United Insurance estimates $85-$100M catastrophe losses for Q4

Dec 16

Have Insiders Been Buying United Insurance Holdings Corp. (NASDAQ:UIHC) Shares?

Nov 23
Have Insiders Been Buying United Insurance Holdings Corp. (NASDAQ:UIHC) Shares?

United Insurance Holdings Corp. 2020 Q3 - Results - Earnings Call Presentation

Nov 09

Shareholder Returns

ACICUS InsuranceUS Market
7D-1.6%1.5%0.2%
1Y291.6%34.9%28.1%

Return vs Industry: ACIC exceeded the US Insurance industry which returned 34.7% over the past year.

Return vs Market: ACIC exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is ACIC's price volatile compared to industry and market?
ACIC volatility
ACIC Average Weekly Movement9.8%
Insurance Industry Average Movement3.8%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: ACIC's share price has been volatile over the past 3 months.

Volatility Over Time: ACIC's weekly volatility has decreased from 17% to 10% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199971Dan Peedhttps://www.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$507.63m
Earnings (TTM)US$82.20m
Revenue (TTM)US$286.54m

6.2x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ACIC income statement (TTM)
RevenueUS$286.54m
Cost of RevenueUS$146.21m
Gross ProfitUS$140.34m
Other ExpensesUS$58.14m
EarningsUS$82.20m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.72
Gross Margin48.98%
Net Profit Margin28.69%
Debt/Equity Ratio88.1%

How did ACIC perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.