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 $10.60, down 1.4% from the previous day, and has increased 124.58% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 1.06 percentage points. American Coastal Insurance stock is currently +175.97% from its 52-week low of $3.84, and -25.61% from its 52-week high of $14.25.
At the moment, there are 47.8M shares of ACIC outstanding. The market cap of ACIC is $506.67M. In the last 24 hours, 180,555 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 a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy American Coastal Insurance stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method 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 evaluate 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 specific price.
- Monitor your ACIC investment: Create a watchlist to get live updates on your new investment in American Coastal Insurance stock.
Step 1: Figure out where to buy American Coastal Insurance stock
You need an online brokerage account in order to access the NASDAQ market and buy ACIC stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
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- Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal information so you can invest in ACIC today.
How to Set Up a New Investment Account on eToro
- 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.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have opened your account on the best stock broker app, you need to deposit funds:
Check out the video below to see the process of transferring money into your new investment account.
Step 4: Evaluate American Coastal Insurance stock
Once you have chosen the best place to buy American Coastal Insurance stock, it's important to evaluate their stock before you invest, so you truly understand the risk and opportunity.
American Coastal Insurance stock quick numbers
American Coastal Insurance Fundamentals
WallStreetZen was built to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on ACIC's stock page.
What is the fair value of ACIC stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge ACIC's true value.
Using relative valuations metrics:
- ACIC may be undervalued based on its P/E ratio of 1.49x, relative to Insurance - Property & Casualty industry P/E ratio of 4.28x
- ACIC may be overvalued based on its P/B ratio of 3x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
You can do additional valuation research on ACIC's stock here.
ACIC Financial Health Overview
Pros:
- ACIC profit margin has gone up from -174.2% to 108.2% in the past year.
Cons:
- ACIC has a relatively high debt to equity ratio of 5.28.
- Total ACIC debt is higher than 5 years ago, relative to shareholder equity.
Is American Coastal Insurance stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who give recommendations on ACIC, the consensus analyst rating on ACIC is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the American Coastal Insurance stock forecast page.
ACIC Technical Indicators
ACIC Revenue
Last year, ACIC earnings were $309.91M. During the last five year, ACIC's earnings have gone up by 271.86% per year. This was faster than the Insurance - Property & Casualty industry average of 11.5%.
Last year, ACIC revenue was $286.54M. In the past five year, ACIC's revenue has grown by -16.92% per year. This was slower than the Insurance - Property & Casualty industry average of 11.75%.
You can analyze ACIC's earnings and revenue performance here.
What are ACIC insiders up to?
In the last year, insiders at ACIC have bought more shares than they have sold.
Brooke Adler, General Counsel of ACIC, was the latest ACIC insider to sell. They sold $5,300.62 worth of ACIC stock on Apr 23, 2024.
Research more about who owns ACIC shares here.
Does ACIC provide a stable income stream?
No, American Coastal Insurance doesn't provide an income stream by paying out dividends.
What others are saying about ACIC
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your ACIC purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually sufficient. - Limit order: A limit order enables you 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 particular dollar amount limit, place a limit order.
Hit the Open button and eToro will execute the order.
If you want additional help with investing in stocks on eToro, watch the how to video below:
Step 6: Monitor your ACIC investment
Now that you own some ACIC stock, you'll want to keep up with your new stock purchase.
Create a watchlist to get notified of the latest news about your ACIC stock.
ACIC Feed
How to Buy Stock in American Coastal Insurance
To reiterate, here are the 6 steps to buy stock in American Coastal Insurance:
- 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 need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep tabs on your new investment in American Coastal Insurance, hit the button below to create your watchlist.
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