American Coastal Insurance Corporation (ACIC-Q)
NASDAQ:ACIC
11.66
0.30
(2.51%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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This summary was created by AI, based on 1 opinions in the last 12 months.
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.
Premium contentACIC 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%
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American Coastal Insurance Corporation(ACIC-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
American Coastal Insurance Corporation(ACIC-Q) Frequently Asked Questions
What is American Coastal Insurance Corporation stock symbol?
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
Is American Coastal Insurance Corporation a buy or a sell?
In the last year, 1 stock analyst published opinions about ACIC-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for American Coastal Insurance Corporation.
Is American Coastal Insurance Corporation a good investment or a top pick?
American Coastal Insurance Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for American Coastal Insurance Corporation.
Why is American Coastal Insurance Corporation stock dropping?
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.
Is American Coastal Insurance Corporation worth watching?
In the last year, there was no coverage of American Coastal Insurance Corporation published on Stockchase.
What is American Coastal Insurance Corporation stock price?
On 2025-06-04, American Coastal Insurance Corporation (ACIC-Q) stock closed at a price of $11.66.
Our PAST TOP PICK with ACIC has triggered its stop at $11. To remain disciplined, we recommend covering the position at this time.