earnings
confidence high
sentiment negative
materiality 0.75
ACIC Q1 2026 core EPS $0.39 misses estimate; premiums down 24.5% YoY
AMERICAN COASTAL INSURANCE Corp
2026-Q1 EPS reported
$0.39
revenue$71,224,000
- Core income $19.3M ($0.39) vs $20.7M ($0.42) YoY; consensus $0.44.
- Gross premiums written $149.4M (-24.5% YoY); net premiums earned $65.6M (-3.9%).
- Combined ratio 66.0% (up 1 pt); underlying combined ratio 68.3% nearly flat.
- Book value per share $6.86 (+27.1% YoY); tangible BV per share $5.57 (+6.7% QoQ).
- Florida commercial property market softening; average premiums down 16.6% in March YoY.