American Coastal Insurance Corporation·Financial Services

American Coastal Insurance is rated a buy due to its strategic exit from personal lines, improving scalability, and risk profile. ACIC's Q1 2026 results show stable margins and robust liquidity, with a 27% net income margin and $117M in cash. Risk diversification, disciplined underwriting, and a focus on commercial lines enhance resilience against Florida's catastrophe and inflation risks.

American Coastal Insurance Corporation (ACIC) Q1 2026 Earnings Call Transcript

American Coastal Insurance (ACIC) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.42 per share a year ago.

While the top- and bottom-line numbers for American Coastal (ACIC) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Company to Host Quarterly Conference Call at 5:00 P.M. ET on May 5, 2026 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/events-and-presentations.

ST. PETERSBURG, Fla., April 21, 2026 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it expects to release its financial results for the first quarter ended March 31, 2026, on Tuesday, May 5, 2026, after the close of the market. Its quarterly conference call will be held immediately thereafter, on Tuesday, May 5, 2026, at 5:00 p.m. ET.
American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States. The company offers structure, content, and liability coverage for standard single-family homeowners, renters, and condominium unit owners. It also provides commercial multi-peril property insurance for residential condominium associations and apartments, as well as loss or damage to buildings, inventory, and equipment caused by fire, wind, hail, water, theft, and vandalism. In addition, the company offers equipment breakdown, identity theft, cyber security, 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 August 2023. American Coastal Insurance Corporation was founded in 1999 and is headquartered in Saint Petersburg, Florida.
Financial Services
Insurance - Property & Casualty
65
2007-11-07
-0.47