American Coastal Insurance Stock Today
| ACIC Stock | USD 13.64 0.12 0.89% |
Performance7 of 100
| Odds Of DistressLess than 9
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American Coastal is trading at 13.64 as of the 28th of November 2024, a 0.89% increase since the beginning of the trading day. The stock's open price was 13.52. American Coastal has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for American Coastal Insurance are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Insurance | IPO Date 7th of November 2007 | Category Financial Services | Classification Financials |
Atlas Crest Investment Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the leisure, gaming, and hospitality industries. The company was founded in 2020 and is based in New York, New York. The company has 48.2 M outstanding shares of which 838.82 K shares are presently shorted by private and institutional investors with about 3.24 trading days to cover. More on American Coastal Insurance
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ESG Sustainability
Environmental | Governance | Social |
| Chairman CEO | Robert Peed | ||||
| Old Name | abrdn China Investment Company Ltd | ||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NASDAQ Composite, Financials, Insurance, Shell Companies, Financial Services (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsAmerican Coastal can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand American Coastal's financial leverage. It provides some insight into what part of American Coastal's total assets is financed by creditors.
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American Coastal Insurance (ACIC) is traded on NASDAQ Exchange in USA. It is located in 800 2nd Avenue S., Saint Petersburg, FL, United States, 33701 and employs 71 people. American Coastal is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 657.52 M. American Coastal Ins conducts business under Insurance sector and is part of Financials industry. The entity has 48.2 M outstanding shares of which 838.82 K shares are presently shorted by private and institutional investors with about 3.24 trading days to cover.
American Coastal Insurance currently holds about 145.8 K in cash with (136 M) of positive cash flow from operations.
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Ownership AllocationAmerican Coastal holds a total of 48.2 Million outstanding shares. American Coastal Insurance retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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American Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Millennium Management Llc | 2024-06-30 | 208.7 K | |
| Northern Trust Corp | 2024-09-30 | 205.2 K | |
| Prudential Financial Inc | 2024-09-30 | 197.9 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 191.7 K | |
| Renaissance Technologies Corp | 2024-09-30 | 190.1 K | |
| Jane Street Group Llc | 2024-06-30 | 164.8 K | |
| Gsa Capital Partners Llp | 2024-09-30 | 155.9 K | |
| Empyrean Capital Partners, Lp | 2024-09-30 | 154.5 K | |
| Westwood Holdings Group Inc | 2024-09-30 | 150.7 K | |
| Blackrock Inc | 2024-06-30 | 1.7 M | |
| Vanguard Group Inc | 2024-09-30 | 1.6 M |
American Coastal Historical Income Statement
American Stock Against Markets
American Coastal Corporate Management
| Antonio Gonzalez | Senior Relations | Profile | |
| James CPA | Chief Officer | Profile | |
| Brooke Adler | General Secretary | Profile | |
| JD CPA | Chief Officer | Profile |
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The danger of trading American Coastal Insurance is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of American Coastal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than American Coastal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile American Coastal Ins is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether American Coastal Ins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Coastal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Coastal Insurance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Coastal Insurance Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Coastal Insurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Coastal. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Coastal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 1.74 | Revenue Per Share 6.188 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0641 | Return On Equity 0.4462 |
The market value of American Coastal Ins is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Coastal's value that differs from its market value or its book value, called intrinsic value, which is American Coastal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Coastal's market value can be influenced by many factors that don't directly affect American Coastal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Coastal's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Coastal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Coastal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.