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ACIC LATEST HEADLINES
ACIC has transformed into a Florida-focused commercial property insurer, exiting personal lines and New York to target niche markets avoided by national carriers. Q1 2025 results show improved profitability and a strong balance sheet, but the company remains highly exposed to Florida's hurricane risks. Despite a new dividend and potential for tangible book value growth, ACIC trades at a premium with limited growth prospects.
American Coastal Insurance Corporation (NASDAQ:ACIC ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Bradford Martz - President & CEO Svetlana Castle - CFO Karin Daly - IR, The Equity Group Conference Call Participants Greg Peters - Raymond James Bill Dezellem - Tieton Capital Operator Greetings, and welcome to the American Coastal Insurance Corporation first quarter 2025 earnings conference calling webcast. At this time, all participants are in a listen-only mode.
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $0.50 per share a year ago.
Company to Host Quarterly Conference Call at 5:00 P.M. ET on May 8, 2025 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations.
American Coastal Insurance Corporation Schedules First Quarter Financial Results and Conference Call
ST. PETERSBURG, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it expects to release its financial results for the first quarter ended March 31, 2025, on Thursday, May 8, 2025, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.
ST. PETERSBURG, Fla., April 01, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it has completed the previously announced sale of Interboro Insurance Company (“Interboro” or “IIC”) to Forza Insurance Holdings, LLC (“Forza”).
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.39 per share a year ago.
American Coastal Insurance Corporation (NASDAQ:ACIC ) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Karin Daly - Investor Relations, Vice President, Bradford Martz - President Svetlana Castle - Chief Financial Officer Conference Call Participants Gregory Peters - Raymond James Bill Dezellem - Tieton Capital Operator Greetings, and welcome to the American Coastal Insurance Corporation Earnings Call. At this time, all participants are in a listen-only mode.
Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 27, 2025 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations .
ST. PETERSBURG, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.