American Coastal Insurance (NASDAQ:ACIC) Hits New 12-Month Low on Disappointing Earnings

American Coastal Insurance Corporation (NASDAQ:ACIC) shares reached a new 52-week low on Thursday after the company announced weaker than expected quarterly earnings. The stock traded as low as $9.72 and last traded at $10.28, with a volume of 741677 shares traded. The stock had previously closed at $10.95.

The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.09). American Coastal Insurance had a net margin of 30.31% and a return on equity of 28.28%. The firm had revenue of $82.60 million for the quarter.

American Coastal Insurance News Roundup

Here are the key news stories impacting American Coastal Insurance this week:

• Positive Sentiment: American Coastal maintained its 2026 pretax earnings guidance of $85 million to $100 million, suggesting management still expects profitability to remain resilient despite lower anticipated revenue. American Coastal keeps pretax earnings guidance
• Neutral Sentiment: Zacks Research upgraded American Coastal from “strong sell” to “hold” before the quarterly results, indicating a less negative view but not a bullish recommendation. Zacks upgrades American Coastal to hold
• Negative Sentiment: Second-quarter adjusted earnings were $0.33 per share, below the $0.42 consensus estimate and down from $0.54 a year earlier. Revenue totaled $82.6 million, with coverage indicating the company also missed revenue expectations. American Coastal misses Q2 earnings and revenue estimates
• Negative Sentiment: Management lowered its 2026 revenue outlook to $300 million–$320 million. The cut likely outweighed the maintained pretax earnings target because it signals softer premium or business-volume expectations. American Coastal lowers 2026 revenue outlook
• Negative Sentiment: The combination of the earnings shortfall, year-over-year profit decline and reduced revenue forecast explains the pressure on ACIC, despite reported profitability metrics remaining strong. American Coastal second-quarter financial results

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on ACIC. Weiss Ratings lowered American Coastal Insurance from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, July 23rd. Wall Street Zen downgraded shares of American Coastal Insurance from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Zacks Research upgraded shares of American Coastal Insurance from a “strong sell” rating to a “hold” rating in a research report on Monday. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Hedge Funds Weigh In On American Coastal Insurance

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allegheny Financial Group lifted its position in shares of American Coastal Insurance by 6.3% in the 4th quarter. Allegheny Financial Group now owns 19,166 shares of the company’s stock valued at $242,000 after acquiring an additional 1,137 shares in the last quarter. Osaic Holdings Inc. raised its stake in American Coastal Insurance by 7.2% during the 4th quarter. Osaic Holdings Inc. now owns 17,917 shares of the company’s stock valued at $226,000 after purchasing an additional 1,202 shares during the period. Martingale Asset Management L P lifted its holdings in shares of American Coastal Insurance by 3.1% in the fourth quarter. Martingale Asset Management L P now owns 48,921 shares of the company’s stock valued at $618,000 after purchasing an additional 1,490 shares in the last quarter. Royal Bank of Canada boosted its position in shares of American Coastal Insurance by 290.7% in the first quarter. Royal Bank of Canada now owns 2,270 shares of the company’s stock worth $25,000 after buying an additional 1,689 shares during the period. Finally, Invesco Ltd. boosted its position in shares of American Coastal Insurance by 9.7% in the second quarter. Invesco Ltd. now owns 19,674 shares of the company’s stock worth $219,000 after buying an additional 1,736 shares during the period. Institutional investors and hedge funds own 22.11% of the company’s stock.

American Coastal Insurance Price Performance

The firm has a market cap of $498.17 million, a PE ratio of 5.11, a P/E/G ratio of 3.80 and a beta of -0.47. The business has a fifty day moving average price of $10.68 and a two-hundred day moving average price of $11.04.

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.