Analyzing American Coastal Insurance (ACIC) & Its Peers

American Coastal Insurance (NASDAQ:ACIC) is one of 311 public companies in the “Insurance” industry, but how does it weigh in compared to its rivals? We will compare American Coastal Insurance to related companies based on the strength of its earnings, dividends, institutional ownership, valuation, profitability, risk and analyst recommendations.

Analyst Recommendations

This is a summary of recent ratings for American Coastal Insurance and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
American Coastal Insurance	0	2	1	1	2.75
American Coastal Insurance Competitors	3338	15688	16538	742	2.40

American Coastal Insurance presently has a consensus price target of $13.00, indicating a potential upside of 28.03%. As a group, “Insurance” companies have a potential upside of 5.19%. Given American Coastal Insurance’s stronger consensus rating and higher probable upside, equities research analysts plainly believe American Coastal Insurance is more favorable than its rivals.

Insider & Institutional Ownership

22.1% of American Coastal Insurance shares are held by institutional investors. Comparatively, 55.8% of shares of all “Insurance” companies are held by institutional investors. 49.2% of American Coastal Insurance shares are held by insiders. Comparatively, 13.5% of shares of all “Insurance” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk and Volatility

American Coastal Insurance has a beta of -0.55, suggesting that its stock price is 155% less volatile than the S&P 500. Comparatively, American Coastal Insurance’s rivals have a beta of -1.59, suggesting that their average stock price is 259% less volatile than the S&P 500.

Profitability

This table compares American Coastal Insurance and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
American Coastal Insurance	28.02%	24.36%	7.40%
American Coastal Insurance Competitors	9.08%	-9.84%	4.11%

Earnings & Valuation

This table compares American Coastal Insurance and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
American Coastal Insurance	$335.44 million	$106.84 million	5.77
American Coastal Insurance Competitors	$15.26 billion	$1.70 billion	34.44

American Coastal Insurance’s rivals have higher revenue and earnings than American Coastal Insurance. American Coastal Insurance is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

American Coastal Insurance beats its rivals on 8 of the 13 factors compared.

About American Coastal Insurance

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.