Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) American Coastal Insurance Corporation ACIC-Q TOP PICK Feb 20, 2025

Stockchase Research Editor: Michael O'Reilly

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)
$13.300

Stock price when the opinion was issued

insurance
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