Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
American Coastal Insurance ( (ACIC) ) has issued an update.
American Coastal Insurance Corporation reported first-quarter 2026 results on May 5, 2026, showing modestly lower premiums and earnings but maintaining strong profitability metrics. Gross premiums written fell 24.5% year over year to $149.4 million, total revenue slipped 1.4% to $71.2 million and consolidated net income declined 9.8% to $19.3 million, or $0.39 per diluted share, while book value per share rose 27.1% to $6.86.
Core income decreased 6.5% to $19.3 million and core return on equity dropped to 24.6% from 34.2%, yet the company posted a combined ratio of 66.0% and an underlying combined ratio of 68.3%, which management said were consistent with targets and prior-year levels. CEO B. Bradford Martz highlighted that, despite a soft commercial market, disciplined capital deployment, specialization and prudent risk selection are intended to support stable earnings and long-term value creation.
The most recent analyst rating on (ACIC) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on American Coastal Insurance stock, see the ACIC Stock Forecast page.
Spark’s Take on ACIC Stock
According to Spark, TipRanks’ AI Analyst, ACIC is a Outperform.
ACIC’s score is driven primarily by improving profitability and a very attractive valuation (low P/E and high dividend yield). Technicals are supportive with price above key moving averages. The main offset is financial quality risk from highly volatile cash flows, plus earnings-call risks tied to softer premium trends and execution/timing uncertainty around growth initiatives.
To see Spark’s full report on ACIC stock, click here.
More about American Coastal Insurance
American Coastal Insurance Corporation is a property and casualty insurance holding company listed on Nasdaq under the ticker ACIC. The company focuses on commercial property insurance and emphasizes disciplined underwriting, selective partnerships and targeted classes of commercial business, while increasingly deploying artificial intelligence to strengthen its competitive position in a soft commercial market.
Average Trading Volume: 218,849
Technical Sentiment Signal: Strong Buy
Current Market Cap: $563.2M
Learn more about ACIC stock on TipRanks’ Stock Analysis page.