American Coastal Insurance (NASDAQ:ACIC) Announces Quarterly Earnings Results

American Coastal Insurance (NASDAQ:ACIC) announced its quarterly earnings data on Tuesday. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.05), FiscalAI reports. American Coastal Insurance had a net margin of 31.32% and a return on equity of 32.76%. The firm had revenue of $71.22 million during the quarter, compared to the consensus estimate of $75.78 million.

Here are the key takeaways from American Coastal Insurance’s conference call:

• American Coastal reported strong underwriting results with net income of $19.3 million and a GAAP combined ratio of 66% (non‑GAAP underlying 68.3%), signaling stable margins despite a softening market.
• The June 1, 2026 reinsurance renewal produced risk‑adjusted cost decreases, raised the exhaustion point to over $1.6 billion, shifted lower layers to all‑perils, and added more aggregate protection against frequency and severity.
• A rapidly softening commercial property market and average account rate decreases are reducing gross premiums and could pressure top‑line growth even though retention and policy counts remain largely in line with targets.
• E&S initiatives started in Q1 (about $6.2M written) with AmRisc participation and management targets ~$70 million written E&S premium for 2026, positioning potential incremental growth in 2027 and beyond.
• Balance sheet strength supports capital flexibility — cash and investments of $599.4M after a $0.75 special dividend, book value per share up to $6.86, and management estimates $150–$200M of excess capital available for buybacks, dividends, or other uses.

American Coastal Insurance Price Performance

Shares of NASDAQ ACIC opened at $10.44 on Thursday. The stock’s fifty day moving average price is $11.48 and its two-hundred day moving average price is $11.64. American Coastal Insurance has a one year low of $9.80 and a one year high of $13.06. The firm has a market cap of $508.01 million, a price-to-earnings ratio of 4.97, a P/E/G ratio of 2.67 and a beta of -0.46.

Institutional Investors Weigh In On American Coastal Insurance

A number of institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in shares of American Coastal Insurance by 67.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 198,485 shares of the company’s stock worth $2,261,000 after purchasing an additional 79,869 shares in the last quarter. Kennondale Capital Management LLC bought a new position in American Coastal Insurance in the third quarter valued at about $973,000. Militia Capital Partners LP raised its stake in American Coastal Insurance by 26.6% during the third quarter. Militia Capital Partners LP now owns 190,658 shares of the company’s stock worth $2,172,000 after acquiring an additional 40,000 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its holdings in shares of American Coastal Insurance by 183.1% in the third quarter. ANTIPODES PARTNERS Ltd now owns 62,344 shares of the company’s stock worth $710,000 after acquiring an additional 40,323 shares during the last quarter. Finally, Alps Advisors Inc. acquired a new stake in shares of American Coastal Insurance in the 3rd quarter valued at approximately $471,000. Institutional investors own 22.11% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ACIC. Weiss Ratings upgraded American Coastal Insurance from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 29th. Oppenheimer assumed coverage on shares of American Coastal Insurance in a research note on Monday, January 12th. They set a “market perform” rating on the stock. Finally, Wall Street Zen raised shares of American Coastal Insurance from a “hold” rating to a “buy” rating in a report on Tuesday, April 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

American Coastal Insurance Company Profile

American Coastal Insurance Company (NASDAQ:ACIC) is a specialized property and casualty insurer focused on coastal residential and commercial lines across the Southeastern United States. Headquartered in St. Petersburg, Florida, the company underwrites policies designed to address windstorm and non-windstorm perils in areas exposed to hurricane risk. Since its founding in 2007, American Coastal has positioned itself to meet the insurance needs of homeowners, condominium associations, and small business owners operating near coastal zones.

Through a diversified portfolio of personal lines products, American Coastal offers homeowners insurance, dwelling fire, mobile home, condominium unitowners and renters policies.