American Coastal Insurance ACIC

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-$0.09 (-0.74%)Past DayToday's Volume:
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Relative Strength Index (RSI)

- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.

- The RSI is calculated using the following formula:

RSI = 100 - (100 / (1 + RS))

Where RS is the ratio of the average gains to the average losses over a specified period.

- The default time period used is 14 days.

- RSI values range between 0 and 100.

RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)

RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)

RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.

About

Business overview of American Coastal Insurance (ACIC)
American Coastal Insurance Corp is a holding company that underwrites commercial residential property and casualty insurance policies in the United States through its wholly-owned insurance subsidiary. The company has two segments namely: Commercial Lines Business and Personal Lines Business. It derives maximum revenue from Commercial Lines Business Segment.

Key Insights

Critical company metrics and information
  • Latest Closing Price

    $12.01
  • Market Cap

    $578.94 Million
  • Price-Earnings Ratio

    20.36
  • Total Outstanding Shares

    48.21 Million Shares
  • Total Employees

    71
  • Dividend

    $0.06 Per Share Quarterly
  • IPO Date

    November 7, 2007
  • SIC Description

    Fire, Marine & Casualty Insurance
  • Primary Exchange

    NASDAQ
  • Type

    Common Stock
  • Headquarters

    3802 coconut palm drive, Tampa, FL, 33619
  • Homepage

    https://www.amcoastal.com

Historical Stock Splits

Execution DateSplit Amount
No Historical Stock Splits

Cash Flow Statement

July 1, 2024 to September 30, 2024
MetricValue
Net Cash Flow From Investing Activities, Continuing$-10.09 Million
Net Cash Flow From Financing Activities$163,000
Net Cash Flow From Financing Activities, Continuing$163,000
Net Cash Flow From Operating Activities$-8.98 Million
Net Cash Flow$-18.91 Million
Net Cash Flow, Continuing$-18.91 Million

Income Statement

July 1, 2024 to September 30, 2024
MetricValue
Participating Securities, Distributed And Undistributed Earnings/Loss, Basic$0
Net Income/Loss Attributable To Parent$28.12 Million
Income/Loss From Discontinued Operations Net Of Tax$450,000
Preferred Stock Dividends And Other Adjustments$0
Income/Loss From Discontinued Operations Net Of Tax Gain/Loss On Disposal$0
Net Income/Loss Available To Common Stockholders, Basic$28.12 Million

Comprehensive Income

July 1, 2024 to September 30, 2024
MetricValue
Other Comprehensive Income/Loss$35.65 Million
Comprehensive Income/Loss Attributable To Parent$35.65 Million
Comprehensive Income/Loss$35.65 Million
Comprehensive Income/Loss Attributable To Noncontrolling Interest$0

Balance Sheet

July 1, 2024 to September 30, 2024
MetricValue
Current Liabilities$884.29 Million
Liabilities$884.29 Million
Fixed Assets$7.30 Million
Equity$259.58 Million
Equity Attributable To Parent$259.58 Million
Intangible Assets$6.52 Million

Historical Dividends

Current dividend: $0.06 Per Share Quarterly
Announcement DatePayment DateRecord DateAmountFrequency
Feb 23, 2022Mar 16, 2022Mar 9, 2022$0.06Quarterly
Nov 9, 2021Nov 29, 2021Nov 22, 2021$0.06Quarterly
Jul 27, 2021Aug 17, 2021Aug 10, 2021$0.06Quarterly
May 3, 2021May 24, 2021May 17, 2021$0.06Quarterly
Feb 17, 2021Mar 9, 2021Mar 2, 2021$0.06Quarterly
Nov 9, 2020Nov 30, 2020Nov 23, 2020$0.06Quarterly

Recent Headlines From The Web

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