American Coastal InsuranceACIC
ACIC
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 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
77% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 26
39% more capital invested
Capital invested by funds: $124M [Q3] → $172M (+$48.3M) [Q4]
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
17% more call options, than puts
Call options by funds: $1.79M | Put options by funds: $1.52M
3.59% more ownership
Funds ownership: 22.91% [Q3] → 26.5% (+3.59%) [Q4]
0% more funds holding
Funds holding: 106 [Q3] → 106 (+0) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ACIC.
Financial journalist opinion
Based on 4 articles about ACIC published over the past 30 days
Negative
Zacks Investment Research
2 weeks ago
American Coastal Insurance (ACIC) Lags Q4 Earnings Estimates
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.39 per share a year ago.
Neutral
Seeking Alpha
2 weeks ago
American Coastal Insurance Corporation (ACIC) Q4 2024 Earnings Conference Call Transcript
American Coastal Insurance Corporation (NASDAQ:ACIC ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Karin Daly - Investor Relations, Vice President, Bradford Martz - President Svetlana Castle - Chief Financial Officer Conference Call Participants Gregory Peters - Raymond James Bill Dezellem - Tieton Capital Operator Greetings, and welcome to the American Coastal Insurance Corporation Earnings Call. At this time, all participants are in a listen-only mode.
Neutral
GlobeNewsWire
2 weeks ago
American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2024
Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 27, 2025 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations .
Neutral
GlobeNewsWire
4 weeks 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.
Positive
Seeking Alpha
1 month 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.
Positive
Zacks Investment Research
2 months 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.
Positive
Zacks Investment Research
2 months 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.
Positive
Seeking Alpha
3 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.
Neutral
GlobeNewsWire
3 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.
Neutral
Finbold
3 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.
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