American Coastal Insurance Corporation (ACIC)

NASDAQ: ACIC · IEX Real-Time Price · USD
9.46
-0.28 (-2.87%)
Dec 29, 2023, 4:00 PM EST - Market closed
-2.87%
Market Cap 415.27M
Revenue (ttm) 341.80M
Net Income (ttm) -1.14M
Shares Out 43.90M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 286,503
Open 9.74
Previous Close 9.74
Day's Range 9.31 - 9.74
52-Week Range 0.73 - 10.28
Beta -0.15
Analysts n/a
Price Target n/a
Earnings Date Nov 13, 2023

About ACIC

American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies 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 equi... [Read more]

Sector Financials
Founded 1999
Employees 269
Stock Exchange NASDAQ
Ticker Symbol ACIC
Full Company Profile

Financial Performance

In 2022, ACIC's revenue was $455.42 million, a decrease of -28.23% compared to the previous year's $634.53 million. Losses were -$469.86 million, 711.2% more than in 2021.

Financial Statements

News

American Coastal Insurance Corporation Reports Financial Results for Its Third Quarter Ended September 30, 2023

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...

6 weeks ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of American Coastal Insurance Corporation - ACIC

NEW YORK , Nov. 3, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of American Coastal Insurance Corporation ("ACI" or the "Company") (NASDAQ: ACIC). Such investors a...

2 months ago - PRNewsWire

American Coastal Insurance Corporation Schedules Third Quarter 2023 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (NASDAQ: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance C...

2 months ago - Business Wire

ACIC LOSS ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation - ACIC

NEW YORK , Sept. 21, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American ...

3 months ago - PRNewsWire

ROSEN, RESPECTED INVESTOR COUNSEL, Encourages American Coastal Insurance Corporation Investors to Inquire About Securities Class Action Investigation – ACIC

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of American Coastal Insuranc...

3 months ago - Business Wire

American Coastal Insurance Corporation Reports Financial Results for Its Second Quarter Ended June 30, 2023

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--American Coastal Insurance Corporation (Nasdaq: UIHC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial ...

5 months ago - Business Wire

United Insurance Holdings Corp. (UIHC) Announces Name and Ticker Change to American Coastal Insurance Corporation (ACIC)

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it has ch...

5 months ago - Business Wire

United Insurance Holdings Corp. Rejoins the Russell 3000 and Russell 2000 Index

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) ("UIHC" or "the Company"), a property and casualty insurance holding company that underwrites commercial residenti...

6 months ago - Business Wire

United Insurance Holdings Corp. to Present at the 26th Annual Raymond James Insurance Conference

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) ("UIHC" or "the Company"), a property and casualty insurance holding company that underwrites commercial residenti...

6 months ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its First Quarter Ended March 31, 2023

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) ("UIHC" or "the Company"), a property and casualty insurance holding company, today reported its financial results...

8 months ago - Business Wire

United Insurance Holdings Corp. Schedules 2023 First Quarter Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (“the Company”), a property and casualty insurance holding company, announced today that it expects to release its...

8 months ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial re...

10 months ago - Business Wire

United Insurance Holdings Corp. Schedules 2022 Fourth Quarter and Full Year 2022 Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects...

11 months ago - Business Wire

United Insurance Holdings Corp. Announces the Sale of Its Florida Personal Lines Renewal Rights to Slide Insurance, Inc.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC), a property and casualty insurance holding company (“UPC Insurance”), announced today that it has sold the renew...

11 months ago - Business Wire

United Insurance Holdings Corp. Announces Personal Lines Withdrawal Plans in Florida, Texas, Louisiana and New York, and Pursuit of Strategic Alternatives

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its person...

1 year ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its Second Quarter Ended June 30, 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial re...

1 year ago - Business Wire

United Insurance Holdings Corp. Completes Reorganization Plan, Previews 2022 Second Quarter Estimated Losses Incurred and Estimated Valuation Allowance, and Schedules 2022 Second Quarter Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today the completion ...

1 year ago - Business Wire

United Insurance Holdings Corp. Announces Review of Strategic and Capital Raising Alternatives

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that its Board ...

1 year ago - Business Wire

United Insurance Holdings Corp. Reports Financial Results for Its First Quarter Ended March 31, 2022

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today reported its financial re...

1 year ago - Business Wire

United Insurance Holdings Corp. Schedules 2022 First Quarter Financial Results and Conference Call

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects...

1 year ago - Business Wire

AM Best Withdraws Credit Ratings of Journey Insurance Company

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb...

1 year ago - Business Wire

United Insurance Holdings Corp. Announces Reorganization Plan

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today a proposed reor...

1 year ago - Business Wire