American Coastal Insurance ( (ACIC) ) just unveiled an announcement.
American Coastal Insurance Corporation reported its financial results for the fourth quarter and year ended December 31, 2024. The company experienced a decline in consolidated net income, which fell by 65.4% compared to the previous year, despite an increase in gross premiums written and earned. The results indicate challenges in maintaining profitability, impacting stakeholders’ expectations.
More about American Coastal Insurance
American Coastal Insurance Corporation is a property and casualty insurance holding company.
YTD Price Performance: -1.31%
Average Trading Volume: 161,063
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $616.5M
See more data about ACIC stock on TipRanks’ Stock Analysis page.