Latest revenue
$65.6M
as of 2026-03-31
Latest net income
$19.3M
as of 2026-03-31
Net margin
29.3%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $523.4M
- Enterprise value
- $523.4M
- P/E (trailing)
- 4.9×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 6.9%
- 52-wk high
- $13.05
- 52-wk low
- $9.79
- Beta
- —
- Shares out
- 48.5M
5-year trend
What this company does
American Coastal Insurance underwrites commercial residential property insurance—mainly covering Florida condominium and homeowner associations—through a network of agents and its wholly-owned insurance subsidiary. The company makes money by collecting premiums (net of heavy reinsurance cessions) and earning investment income on float, with net premiums earned of $65.6 million last quarter driving the bulk of revenue. After exiting its personal lines business, ACIC now operates as a focused Florida commercial property specialist, returning capital via a $36.6 million dividend and $5 million in buybacks while gross premiums written fell 24% year-over-year.
Generated from ACIC's filing dated 2024-03-15
Key risks
- Florida commercial property concentration: single-subsidiary insurer writing coastal residential-commercial policies—one major hurricane could materially impair the $331.7M equity base.
- Heavy reinsurance dependence: ceded premiums consumed 53% of gross earned ($75.5M of $141.1M); $112M recoverable exposes ACIC to counterparty/pricing risk.
- Premium contraction: gross premiums written fell 24.5% YoY ($149.4M vs $197.9M Q1'25), signaling softening Florida market or lost business.
Generated from ACIC's filing dated 2024-03-15
Profitability
Operating margin
41.8%
24.6%Net margin
31.8%
24.8%Return on equity
45.3%
41.1%Return on assets
10.0%
99.6%Leverage
Debt / equity
3.55×
459.7%Long-term debt / equity
0.63×
0.2%Debt / assets
78.0%
101.0%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $65.6M | -3.9% | $19.3M | -9.8% | 29.3% |
Q4 2025 2025-12-31 | $107.9M | -52.1% | $26.6M | +437.1% | 24.6% |
Q3 2025 2025-09-30 | $80.8M | +8.5% | $32.5M | +15.5% | 40.2% |
Q2 2025 2025-06-30 | $78.4M | +23.8% | $26.4M | +38.8% | 33.7% |
Q1 2025 2025-03-31 | $68.3M | +202.5% | $21.3M | -9.5% | 31.3% |
Q4 2024 2024-12-31 | $225.4M | — | $4.9M | — | 2.2% |
Q3 2024 2024-09-30 | $74.5M | +241.8% | $28.1M | +166.1% | 37.8% |
Q2 2024 2024-06-30 | $63.4M | +186.2% | $19.1M | +7.2% | 30.1% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
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Insider activity
Insider buying
$61.9K
Insider selling
$2.3M
Net activity
−$2.2M
Distinct insiders
3
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value |
|---|
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns ACIC
Institutional value
$83.2M
Total shares held
8.7M
Distinct holders
81
-56 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.8M | $20.6M | -38.3K (-2.0%) | Trimmed |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 996.6K | $11.2M | — | New |
| 3 | DIMENSIONAL FUND ADVISORS LP | 750.1K | $8.4M | +122.8K (+19.6%) | Added |
| 4 | SEI INVESTMENTS CO | 601.5K | $6.8M | +326.3K (+118.6%) | Added |
| 5 | DG Capital Management, LLC | 465.3K | $5.2M | -607.4K (-56.6%) | Trimmed |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 271.8K | $3.1M | — | New |
| 7 | Militia Capital Management LLC | 200.7K | $2.3M | — | New |
| 8 | Crews Bank & Trust | 189.1K | $2.1M | +0 (+0.0%) | No change |
| 9 | VANGUARD FIDUCIARY TRUST CO | 162.2K | $1.8M | — | New |
| 10 | ANTIPODES PARTNERS Ltd | 156.6K | $1.8M | +68.2K (+77.1%) | Added |
| 11 | Kennondale Capital Management LLC | 146.8K | $1.7M | +61.3K (+71.8%) | Added |
| 12 | JANE STREET GROUP, LLC | 127.1K | $1.4M | — | New |
| 13 | FRANKLIN RESOURCES INC | 109.1K | $1.2M | — | New |
| 14 | Range Financial Group LLC | 93.4K | $1.1M | — | New |
| 15 | UBS Group AG | 93.3K | $1.0M | +70.7K (+313.1%) | Added |
| 16 | Lido Advisors, LLC | 90.4K | $1.0M | -194 (-0.2%) | Trimmed |
| 17 | Bank of New York Mellon Corp | 88.7K | $997.5K | -640 (-0.7%) | Trimmed |
| 18 | WEDGE CAPITAL MANAGEMENT L L P/NC | 83.8K | $942.5K | — | New |
| 19 | Connor, Clark & Lunn Investment Management Ltd. | 82.6K | $929.2K | -3.3K (-3.8%) | Trimmed |
| 20 | FIRST TRUST ADVISORS LP | 79.1K | $889.7K | +457 (+0.6%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Gross premiums written fell 24.5% YoY to $149M—is this competitive erosion in Florida condo or deliberate shedding, and where does the run-rate bottom?
- 2
Operating cash flow swung from +$26M to -$5.7M despite stable net income; what's driving the working capital drag and is it recurring?
- 3
With $95M accumulated deficit remaining, when do you expect to resume a dividend, and why prioritize the $5M buyback now instead?
Refreshed when ACIC files a new report · last from 2024-03-15