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 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.05), FiscalAI reports. American Coastal Insurance had a net margin of 31.85% and a return on equity of 34.62%.

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

NASDAQ:ACIC opened at $11.87 on Wednesday. The company has a market cap of $577.59 million, a P/E ratio of 5.55, a P/E/G ratio of 2.62 and a beta of -0.46. The stock’s fifty day moving average price is $11.48 and its two-hundred day moving average price is $11.65. American Coastal Insurance has a 1 year low of $9.97 and a 1 year high of $13.06.

Institutional Investors Weigh In On American Coastal Insurance

Several institutional investors have recently made changes to their positions in ACIC. Punch & Associates Investment Management Inc. raised its position in shares of American Coastal Insurance by 7.3% in the fourth quarter. Punch & Associates Investment Management Inc. now owns 776,400 shares of the company’s stock worth $9,806,000 after buying an additional 52,500 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of American Coastal Insurance by 13.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 627,330 shares of the company’s stock worth $7,923,000 after buying an additional 75,408 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of American Coastal Insurance by 28.1% in the fourth quarter. Renaissance Technologies LLC now owns 454,957 shares of the company’s stock worth $5,746,000 after buying an additional 99,900 shares in the last quarter. Millennium Management LLC raised its position in shares of American Coastal Insurance by 5.0% in the third quarter. Millennium Management LLC now owns 277,718 shares of the company’s stock worth $3,163,000 after buying an additional 13,297 shares in the last quarter. Finally, Empowered Funds LLC raised its position in shares of American Coastal Insurance by 216.9% in the fourth quarter. Empowered Funds LLC now owns 269,899 shares of the company’s stock worth $3,206,000 after buying an additional 184,720 shares in the last quarter. Hedge funds and other institutional investors own 22.11% of the company’s stock.

Analyst Upgrades and Downgrades

ACIC has been the subject of several research reports. Wall Street Zen raised American Coastal Insurance from a “hold” rating to a “buy” rating in a report on Tuesday, April 7th. Oppenheimer assumed coverage on American Coastal Insurance in a research report on Monday, January 12th. They set a “market perform” rating on the stock. Finally, Weiss Ratings upgraded American Coastal Insurance from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, 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.