American Coastal Insurance Corporation (ACIC): A Bull Case Theory

We came across a bullish thesis on American Coastal Insurance Corporation (ACIC) on Miroslav Štěpánek’s Substack. In this article, we will summarize the bulls’ thesis on ACIC. American Coastal Insurance Corporation (ACIC)'s share was trading at $11.75 as of 4^th June. ACIC’s trailing P/E was 7.99 according to Yahoo Finance.

[caption id="attachment_1228323" align="aligncenter" width="768"] An insurance agent at their desk consulting a customer about property & casualty insurance.[/caption]

American Coastal is a Florida-based property insurer that stands out in a typically...