How to Buy American Coastal Insurance Stock
American Coastal Insurance Corp
American Coastal Insurance Corporation operates as a property and casualty insurance holding company that sources, writes, and services residential personal and commercial property, and casualty insurance policies in the United States.
American Coastal Insurance stock last closed at $12.36, up 1.31% from the previous day, and has increased 6.37% in one year. It has underperformed other stocks in the Insurance - Property & Casualty industry by 0.14 percentage points. American Coastal Insurance stock is currently +40.14% from its 52-week low of $8.82, and -18.04% from its 52-week high of $15.08.
There are currently 48.2M shares of ACIC outstanding. The market cap of ACIC is $595.81M. In the last 24 hours, 117,194 ACIC shares were traded.
How to Buy American Coastal Insurance Stock
Wondering how to invest in American Coastal Insurance stock? Here's how.
- Figure out where to buy American Coastal Insurance stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy American Coastal Insurance stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your info.
- Evaluate American Coastal Insurance stock: The American Coastal Insurance ticker symbol is ACIC. Is American Coastal Insurance stock a good investment? Should you buy shares of ACIC? How do ACIC's underlying business fundamentals look? Do top analysts think American Coastal Insurance is a good buy? Why has ACIC's stock price moved recently? (Hint: Our stock market research website can help you figure out if ACIC is a good stock to buy).
- Place your ACIC purchase: Decide if you will purchase ACIC shares at the current market price or use a limit order to purchase ACIC stock at a given price.
- Monitor your ACIC investment: Create a watchlist to keep tabs on your investment in American Coastal Insurance stock.
Step 1: Figure out where to buy American Coastal Insurance stock
You will need an online brokerage account to access the NASDAQ market and buy ACIC shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal information so you are able to buy ACIC stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new trading account.
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Step 3: Fund your investment account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate American Coastal Insurance stock
After you have identified the best place to buy American Coastal Insurance stock, it's critical to research their stock before you buy, so you can understand the risk as well as the upside.
American Coastal Insurance shares data
ACIC Due Diligence Checks
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on ACIC's stock page.
Is ACIC stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge ACIC's fair value.
Using relative valuations measures:
- ACIC may be undervalued based on its P/E ratio of 7.02x, relative to Insurance - Property & Casualty industry P/E ratio of 13.28x
- ACIC may be overvalued based on its P/B ratio of 2.3x, relative to Insurance - Property & Casualty industry P/B ratio of 2.15x
You can access more valuation research on ACIC's stock here.
A quick look at ACIC Financials
Pros:
- ACIC profit margin has gone up from -0.4% to 30.1% in the past year.
- ACIC earnings of $121.74M is not enough to cover its interest payments.
- Total ACIC debt is lower than 5 years ago, relative to shareholder equity.
- ACIC's operating cash flow of $290.79M allows it to safely service it's debt of $148.96M.
Cons:
- ACIC has a relatively high debt to equity ratio of 3.41.
Is it a good time to buy American Coastal Insurance stock, according to analysts?
Out of 1 sell side analysts who give ratings on ACIC, the consensus analyst rating on American Coastal Insurance is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the American Coastal Insurance stock forecast page.
ACIC Trading Indicators
ACIC Performance Numbers
Last year, ACIC revenue was $282.21M. Over the past 5 year, ACIC's revenue has increased by -18.73% per year. This was slower than the Insurance - Property & Casualty industry average of 12.49%.
Learn more about ACIC's earnings and revenue performance here.
Are ACIC executives and large shareholders buying or selling the stock?
In the past year, executives and large shareholders at ACIC have sold more shares than they have bought.
Patrick Maroney, Director of ACIC, was the latest ACIC insider to buy. They bought $43,666.88 worth of ACIC stock on Dec 16, 2024.
Get more info about who owns ACIC stock here.
Can I rely on ACIC as an income stream?
No, American Coastal Insurance doesn't provide an income stream by paying out dividends.
ACIC Social Trading Data
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Place your ACIC purchase
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your ACIC investment
Now that you own some ACIC shares, you'll want to keep up with your stock purchase.
Make a watchlist to keep track of your ACIC stock.
ACIC Feed
How to Buy Stock in American Coastal Insurance
To summarize, here are the 6 steps you need to take to buy American Coastal Insurance stock right now:
- Figure out where to buy American Coastal Insurance stock
- Create a brokerage account
- Fund your investment account
- Evaluate American Coastal Insurance stock
- Place your ACIC purchase
- Monitor your ACIC investment
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in American Coastal Insurance, create your watchlist below.
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