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American Coastal Insurance Corporation (ACIC)

(Delayed Data from NSDQ)

$10.54 USD

10.54
136,559

+0.19 (1.84%)

Updated May 7, 2024 04:00 PM ET

After-Market: $10.55 +0.01 (0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 18% (44 out of 251)

Industry: Insurance - Property and Casualty

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Balance Sheet

Research for ACIC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for American Coastal Insurance Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 172 284 245 302 287
Receivables 550 1,721 1,080 913 643
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 0 0 0 0 0
Total Current Assets 721 2,004 1,325 1,215 930
Net Property & Equipment 4 20 32 34 33
Investments & Advances 197 432 720 995 1,012
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 25 59 39 74 105
Intangibles 69 72 91 95 99
Deposits & Other Assets 44 251 493 436 289
Total Assets 1,060 2,838 2,699 2,849 2,467
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 739 2,627 2,054 2,147 1,679
Current Portion Long-Term Debt 149 152 157 158 159
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 888 2,780 2,211 2,305 1,838
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 0 0 0 0 0
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 3 238 154 124 105
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 892 3,020 2,367 2,431 1,943
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 424 396 394 393 392
Retained Earnings -237 -546 -75 -7 100
Other Equity -17 -31 13 32 32
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 169 -182 332 418 524
Total Liabilities & Shareholder's Equity 1,060 2,838 2,699 2,849 2,467
Total Common Equity 169 -182 332 418 524
Shares Outstanding 43.90 43.30 43.20 43.00 43.20
Book Value Per Share 3.84 -4.20 7.68 9.71 12.13

Fiscal Year End for American Coastal Insurance Corporation falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 172 130 77 142
Receivables NA 550 714 1,046 908
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 721 844 1,123 1,050
Net Property & Equipment NA 4 4 4 18
Investments & Advances NA 197 156 164 230
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 25 29 35 60
Intangibles NA 69 70 70 71
Deposits & Other Assets NA 44 47 48 15
Total Assets NA 1,060 1,150 1,445 1,445
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 739 858 1,156 1,173
Current Portion Long-Term Debt NA 149 149 149 148
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 888 1,006 1,304 1,322
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 0 0 0 0
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 22 27 39
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 892 1,029 1,332 1,362
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 424 397 396 396
Retained Earnings NA -237 -252 -262 -286
Other Equity NA -17 -24 -21 -26
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 169 121 112 83
Total Liabilities & Shareholder's Equity NA 1,060 1,150 1,445 1,445
Total Common Equity 0 169 121 112 83
Shares Outstanding 47.80 43.90 43.40 43.20 43.20
Book Value Per Share 0.00 3.84 2.78 2.60 1.93