American Coastal Insurance Corp ACIC

$9.33 +0.08 (0.86%)

Valuation

Market cap
437,248,000
Revenue TTM
$335,440,000
Net income TTM
$106,840,000
PE ratio
4.91
Forward PE
9.42
Profit margin
31.85%
Debt to equity
0.45

Trading

Volume
195,200
Avg volume
274,392
Day's range
$9.21 – $9.35
Shares out
47,270,000
Stochastic %K
73%
Beta
-0.51
Analysts
Hold
Price target
$13.00

Price

Company profile

American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States. The company provides structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also offers commercial multi-peril property insurance for residential condominium associations and...

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American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States. The company provides structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also offers commercial multi-peril property insurance for residential condominium associations and apartments, as well as coverage to policyholders for loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. In addition, the company provides equipment breakdown, identity theft, and flood policies. The company markets and distributes its products through a network of independent agencies. The company was formerly known as United Insurance Holdings Corp. and changed its name to American Coastal Insurance Corporation in July 2023. American Coastal Insurance Corporation was founded in 1999 and is based in Saint Petersburg, Florida.

Industry
Insurance - Property & Casualty
Sector
Financial Services
Phone
727 633 0851
Website
https://www.amcoastal.com
Address
570 Carillon Parkway, Suite 100, Saint Petersburg, United States

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