American Coastal Insurance (NASDAQ:ACIC) Posts Quarterly Earnings Results, Misses Estimates By $0.09 EPS

Posted by Stanley Muller on Aug 6th, 2026

American Coastal Insurance (NASDAQ:ACIC – Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.09), FiscalAI reports. The company had revenue of $82.60 million for the quarter. American Coastal Insurance had a return on equity of 32.26% and a net margin of 31.32%.

Here are the key takeaways from American Coastal Insurance’s conference call:

Soft market conditions continued to pressure results: Gross written premiums declined 5.3% year over year, core income fell to $16.5 million, and the combined ratio increased to 74.3%. Full-year revenue guidance was reduced to $300 million-$320 million, with pricing pressure expected to persist into 2027.
American Coastal lowered its first-event hurricane retention from $49 million to $23.5 million effective August 1, at an estimated cost of $8.4 million. Management said the move reduces catastrophe risk and improves the reliability of earnings and cash flows while maintaining unchanged full-year earnings guidance of $85 million-$100 million.
The company repurchased nearly 1.4 million shares during the quarter and increased its remaining buyback authorization to approximately $30.6 million. Management also indicated that a special dividend remains likely if profitability and excess capital support it.
Policies in force and total insured value increased roughly 3%-4% year over year, with second-quarter account retention around 85%, supporting the company’s claim that it is maintaining or growing its Florida commercial residential market leadership. However, average premiums are declining as competition intensifies.
The multifamily and assisted-living expansion remains below expectations because the company lacks an AM Best rating, resulting in lost business and midterm cancellations. American Coastal expects to address the constraint through ACES Specialty or fronting arrangements, potentially enabling broader writing activity late in the fourth quarter.

American Coastal Insurance Stock Down 0.7%

Shares of American Coastal Insurance stock opened at $10.95 on Thursday. American Coastal Insurance has a 52 week low of $9.77 and a 52 week high of $13.06. The business has a 50 day moving average of $10.69 and a 200 day moving average of $11.04. The company has a market cap of $530.68 million, a PE ratio of 5.21, a P/E/G ratio of 3.83 and a beta of -0.47.

Institutional Investors Weigh In On American Coastal Insurance

Several hedge funds have recently added to or reduced their stakes in ACIC. Royal Bank of Canada raised its position in shares of American Coastal Insurance by 290.7% in the 1st quarter. Royal Bank of Canada now owns 2,270 shares of the company’s stock worth $25,000 after purchasing an additional 1,689 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in American Coastal Insurance by 4,508.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,673 shares of the company’s stock valued at $30,000 after acquiring an additional 2,615 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of American Coastal Insurance by 273.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,692 shares of the company’s stock valued at $52,000 after acquiring an additional 3,434 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of American Coastal Insurance in the fourth quarter worth approximately $65,000. Finally, State of Alaska Department of Revenue raised its stake in American Coastal Insurance by 148.5% during the 4th quarter. State of Alaska Department of Revenue now owns 5,168 shares of the company’s stock valued at $65,000 after buying an additional 3,088 shares during the last quarter. 22.11% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

View Our Latest Analysis on American Coastal Insurance

About American Coastal Insurance

(Get Free Report)

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.