American Coastal Insurance Corporation (ACIC) Q1 2025 Earnings Conference Call Transcript |
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. |
seekingalpha.com |
2025-05-11 14:57:16 |
Czytaj oryginał (ang.) |
American Coastal Insurance (ACIC) Surpasses Q1 Earnings Estimates |
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. |
zacks.com |
2025-05-08 23:10:41 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Reports Financial Results for its First Quarter Ended March 31, 2025 |
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. |
globenewswire.com |
2025-05-08 20:05:00 |
Czytaj oryginał (ang.) |
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. |
globenewswire.com |
2025-04-24 20:15:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Announces the Sale of its Personal Lines Subsidiary, Interboro Insurance Company |
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”). |
globenewswire.com |
2025-04-01 20:15:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance (ACIC) Lags Q4 Earnings Estimates |
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. |
zacks.com |
2025-02-27 21:45:25 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation (ACIC) Q4 2024 Earnings Conference Call Transcript |
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. |
seekingalpha.com |
2025-02-27 21:44:05 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Reports Financial Results for Its Fourth Quarter and Year Ended December 31, 2024 |
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 . |
globenewswire.com |
2025-02-27 18:05:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2024 Financial Results and Conference Call |
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. |
globenewswire.com |
2025-02-13 18:05:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation: Safety And Sustainability Amid Market Volatility |
American Coastal Insurance Corporation has shown improved stability and growth through prudent risk diversification, reinsurance strategies, and solid underwriting policies despite the volatile P&C market. ACIC's operating revenue increased significantly, with net premiums earned as the primary component, while investment earnings also showed notable growth, enhancing overall financial stability. The company's liquidity remains strong, supported by adequate cash reserves and strategic investments in debt and equity securities, ensuring resilience against industry volatility. |
seekingalpha.com |
2025-01-28 12:13:28 |
Czytaj oryginał (ang.) |
Best Value Stocks to Buy for December 31st |
ACIC, NWBI and NCLH made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 31, 2024. |
zacks.com |
2024-12-31 08:01:18 |
Czytaj oryginał (ang.) |
Best Value Stocks to Buy for December 26th |
VLRS, OII and ACIC made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 26, 2024. |
zacks.com |
2024-12-26 04:11:10 |
Czytaj oryginał (ang.) |
American Coastal: Well-Positioned For Continued Profitability |
I reaffirm my buy rating for American Coastal with a long-term price target of $20, as the stock hits new highs at $14 per share. Despite Hurricane Milton and Helene, American Coastal's strong reinsurance and careful underwriting resulted in minimal after-tax losses, showcasing their resilience. ACIC's exclusion of flood damage and substantial reinsurance capacity demonstrate their preparedness and expertise in managing high-risk areas. |
seekingalpha.com |
2024-12-05 00:50:39 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Declares Special Cash Dividend of $0.50 Per Share |
ST. PETERSBURG, Fla., Dec. 04, 2024 (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 its Board of Directors declared a special cash dividend of $0.50 per share of common stock outstanding, payable on January 10, 2025, to shareholders of record on January 2, 2025. |
globenewswire.com |
2024-12-04 11:00:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance (ACIC) Surpasses Q3 Earnings Estimates |
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.34 per share a year ago. |
zacks.com |
2024-11-06 21:00:48 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation to Host Their 2024 Virtual Investor Day on December 4th at 11:00 a.m. ET |
ST. PETERSBURG, Fla., Nov. 04, 2024 (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”), will host their 2024 Virtual Investor Day on Wednesday, December 4, 2024, at 11:00 a.m. Eastern Time. |
globenewswire.com |
2024-11-04 18:15:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance (ACIC) Earnings Expected to Grow: Should You Buy? |
American Coastal (ACIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-30 13:07:08 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Provides Hurricane Loss Updates and Schedules Release of Third Quarter 2024 Financial Results and Conference Call |
ST. PETERSBURG, Fla., Oct. 23, 2024 (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 estimated hurricane losses for the 2024 third and fourth quarters. The Company also expects to release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. |
globenewswire.com |
2024-10-23 20:05:00 |
Czytaj oryginał (ang.) |
Hurricane Milton Did Less Damage Than Feared. Insurance Stocks Rally. |
The storm avoided a direct strike on Tampa, which is home to three million residents. |
barrons.com |
2024-10-10 15:43:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation (ACIC) Q2 2024 Earnings Call Transcript |
American Coastal Insurance Corporation (NASDAQ:ACIC ) Q2 2024 Earnings Call August 7, 2024 5:00 PM ET Company Participants Karin Daly - Investor Relations Bennett Bradford Martz - President Svetlana Castle - Chief Financial Officer Conference Call Participants Gregory Peters - Raymond James Operator Greetings, and welcome to the American Coastal Insurance Corporation's Second Quarter 2024 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. |
seekingalpha.com |
2024-08-08 01:08:08 |
Czytaj oryginał (ang.) |
American Coastal Insurance (ACIC) Q2 Earnings Top Estimates |
American Coastal Insurance (ACIC) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.65 per share a year ago. |
zacks.com |
2024-08-08 00:25:53 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Schedules Second Quarter 2024 Financial Results and Conference Call |
ST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. |
globenewswire.com |
2024-07-24 20:05:00 |
Czytaj oryginał (ang.) |
American Coastal Insurance: A Remarkable Comeback |
American Coastal Insurance has strong first quarter earnings with a combined ratio of 57.8% and core ROE of 69.7%, offering attractive earnings for investors. The company has a contrarian-like underwriting strategy focusing on high-risk areas, with solid reinsurance support and low-cost operations driving profitability. Earnings are well-protected with better rates in high-risk areas, cost-cutting measures, and a strong MGA agreement, leading to potential upside. |
seekingalpha.com |
2024-07-17 05:30:01 |
Czytaj oryginał (ang.) |
American Coastal Insurance Corporation Announces a Five-Year Extension of Its Exclusive MGA Agreement With AmRisc and the Election of Two New Directors to Its Insurance Subsidiary |
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--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 AmCoastal has entered a five-year extension of its exclusive Managing Agency Contract (the “MGA Agreement”) with AmRisc, LLC effective June 1, 2024, and expiring January 1, 2029, subject to regulatory approval. The MGA agreement remains mutually excl. |
businesswire.com |
2024-06-25 20:15:00 |
Czytaj oryginał (ang.) |
Is American Coastal Insurance Corporation (ACIC) Outperforming Other Finance Stocks This Year? |
Here is how American Coastal Insurance (ACIC) and Mr Cooper (COOP) have performed compared to their sector so far this year. |
zacks.com |
2024-06-17 14:46:37 |
Czytaj oryginał (ang.) |
Has American Coastal Insurance Corporation (ACIC) Outpaced Other Finance Stocks This Year? |
Here is how American Coastal Insurance (ACIC) and Crescent Capital BDC (CCAP) have performed compared to their sector so far this year. |
zacks.com |
2024-05-31 14:41:37 |
Czytaj oryginał (ang.) |
3 Insurance Stocks to Buy as Interest Rates Remain High |
American Coastal (ACIC), Hamilton Insurance (HG) and Oscar Health (OSCR) are three insurance stocks that you can look into as interest rates stay higher for longer. |
zacks.com |
2024-05-31 13:21:06 |
Czytaj oryginał (ang.) |
Will American Coastal (ACIC) Gain on Rising Earnings Estimates? |
American Coastal (ACIC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
zacks.com |
2024-05-15 17:21:11 |
Czytaj oryginał (ang.) |
All You Need to Know About American Coastal (ACIC) Rating Upgrade to Strong Buy |
American Coastal (ACIC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2024-05-15 17:01:28 |
Czytaj oryginał (ang.) |
Are Finance Stocks Lagging American Coastal Insurance Corporation (ACIC) This Year? |
Here is how American Coastal Insurance (ACIC) and Mr Cooper (COOP) have performed compared to their sector so far this year. |
zacks.com |
2024-05-15 14:40:28 |
Czytaj oryginał (ang.) |