Professional
Added to YB: 2025-04-29
Pitch date: 2025-04-25
ACIC [neutral]
American Coastal Insurance Corporation
+13.23%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
Company Info
American Coastal Insurance Corporation, through its subsidiaries, primarily engages in the commercial and personal property and casualty insurance business in the United States.
Market Cap
$492.2M
Pitch Price
$11.19
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.62
P/E
6.20
EV/Sales
1.03
Sector
Insurance
Category
value
Symmetry Invest A/S Portfolio Holding: American Coastal Insurance Corporation
ACIC (holding update): Leading FL apartment insurer trading at 5.5-6x 2025 P/E ($90-100M normalized earnings vs $550M market cap). Consistently profitable regardless of hurricane activity due to accurate risk pricing & strong reinsurance. Proven resilience with Q4 2024 profit despite Hurricane Milton. Expanding to new building types & geography.
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