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American Coastal Insurance Corporation (ACIC) focuses on providing insurance for condos and homeowners associations in Florida. Analysts highlight the company's strong risk management capabilities along with its impressive financial metrics, including a price-to-earnings ratio of 9x and a return on equity of 46%. Furthermore, ACIC is successfully growing its revenues and building cash reserves, making it an attractive option in the insurance sector. The stock is currently recommended with a buy target of $16, indicating a potential upside of 18% from its current trading levels. A stop-loss of $11 is advised to mitigate risks associated with fluctuations in share price.
American Coastal Insurance Corporation is a American stock, trading under the symbol ACIC-Q on the NASDAQ (ACIC). It is usually referred to as NASDAQ:ACIC or ACIC-Q
In the last year, there was no coverage of American Coastal Insurance Corporation published on Stockchase.
American Coastal Insurance Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for American Coastal Insurance Corporation.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of American Coastal Insurance Corporation published on Stockchase.
On 2025-05-09, American Coastal Insurance Corporation (ACIC-Q) stock closed at a price of $11.16.
ACIC specializes in providing condo and HOA insurance in Florida. Analysts appreciate their ability to manage risk, while increasing profitability and growing revenues. It trades at 9x earnings, 2.5x book and supports a ROE 46%, while building cash reserves. We recommend setting a stop-loss at $11, looking to achieve $16 -- upside potential of 18%. Yield 0%
(Analysts’ price target is $16.00)