Will American Coastal (ACIC) Gain on Rising Earnings Estimates?
ACICUnited Insurance(ACIC) Zacks Investment Research·2024-05-16 01:21

American Coastal Insurance (ACIC) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.The upward trend in estimate revisions for this property and casualty insurance company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a ...