Atlas Crest Investment Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to engage in the business of designing and developing electric vertical takeoff and landing aircraft for use in urban air mobility that can carry passengers for 60 miles at speeds of up to 150 mph. Atlas Crest Investment Corp. was incorporated in 2020 and is based in New York, New York.
IPO Year:
Exchange: NYSE
Website: atlascrestcorp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/17/2024 | $15.00 | Outperform | Raymond James |
| 9/1/2021 | $15.00 | Buy | Benchmark |
| 9/1/2021 | $15.00 | Buy | The Benchmark Company |
Company to Host Quarterly Conference Call at 5:00 P.M. ET on November 6, 2024 and Announces their 2024 Virtual Investor Day at 11:00 A.M. ET on December 4, 2024The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or the "Company"), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2024. ($ in thousands, except for per share data) Three Months Ended Nine Months Ended S
ST. PETERSBURG, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company ("AmCoastal"), will host their 2024 Virtual Investor Day on Wednesday, December 4, 2024, at 11:00 a.m. Eastern Time. During the Investor Day, American Coastal's management team will provide an in-depth presentation of the Company's strategic initiatives, operation strategies, and financial outlook. The formal presentations will be followed by an interactive Q&A session. The event will be broadcast live via webcast in the Investor Relations section of the Compan
ST. PETERSBURG, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company ("AmCoastal"), announced estimated hurricane losses for the 2024 third and fourth quarters. The Company also expects to release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. 2024 Third Quarter Update: The Company estimates net current accident quarter catastrophe losses incurred stemming from Hurricanes Debby and
Company to Host Quarterly Conference Call at 5:00 P.M. ET on August 7, 2024The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or the "Company"), a property and casualty insurance holding company, today reported its financial results for the second quarter ended June 30, 2024. On May 9, 2024, the Company entered into a Stock Purchase Agreement (the "Sale Agreement") with Forza Insurance Holdings, LLC ("Forza") in which ACIC will sell and Forza w
ST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is schedul
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company ("AmCoastal") announced today that AmCoastal has entered a five-year extension of its exclusive Managing Agency Contract (the "MGA Agreement") with AmRisc, LLC effective June 1, 2024, and expiring January 1, 2029, subject to regulatory approval. The MGA agreement remains mutually exclusive for the admitted condominium association property insurance market in Florida. "AmRisc is the industry leader in commercial property insurance, and we are thrilled with the long-term extension of our partnership that has been mutua
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC"), the insurance holding company of Interboro Insurance Company ("Interboro"), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC ("Forza") in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro. Closing is subject to the approval of the New York Department of Financial Services. The transaction completes the run-off of ACIC's personal lines portfolio and allows ACIC to focus on its fast-growing commercial specialty property portfolio. Concurrently, Interboro a
Company to Host Quarterly Conference Call at 5:00 P.M. ET on May 9, 2024 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the first quarter ended March 31, 2024. ($ in thousands, except for per share data) Three Months Ended March 31, 2024 2023 Change Gross premiums written $
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin. First Quarter 2024 Conference Call Details: T
Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 29, 2024 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2023. ($ in thousands, except for per share data) Three Months Ended Year Ended December 31, December 31, 2023 202
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
Shares of Diodes Incorporated (NASDAQ:DIOD) fell sharply during Friday's session after the company reported worse-than-expected quarterly financial results. Diodes posted adjusted earnings of 28 cents per share, missing market estimates of 31 cents per share. The company's quarterly sales came in at $301.97 million missing expectations of $305.01 million, according to data from Benzinga Pro. Diodes shares dipped 9.8% to $68.99 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Novavax, Inc. (NASDAQ:NVAX) shares jumped 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and d
U.S. stocks were mostly higher, with the Dow Jones gaining over 100 points on Friday. Shares of Genpact Limited (NYSE:G) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY24 EPS range. Genpact posted adjusted earnings of 73 cents per share, beating market estimates of 68 cents per share. The company's quarterly sales came in at $1.13 billion versus expectations of $1.11 billion, according to data from Benzinga Pro. Genpact shares gained 6.8% to $34.26 on Friday. Here are some other big stocks recording gains in today's session. Novavax, Inc. (NASDAQ:NVAX) shares gained 139% to $10.73 after the
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC"), the insurance holding company of Interboro Insurance Company ("Interboro"), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC ("Forza") in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro. Closing is subject to the approval of the New York Department of Financial Services. The transaction completes the run-off of ACIC's personal lines portfolio and allows ACIC to focus on its fast-growing commercial specialty property portfolio.Concurrently, Interboro and S
American Coastal (NASDAQ:ACIC) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.25 by 100 percent. This is a 28.57 percent decrease over earnings of $0.70 per share from the same period last year. The company reported quarterly sales of $68.730 million which beat the analyst consensus estimate of $62.412 million by 10.12 percent. This is a 21.29 percent decrease over sales of $87.324 million the same period last year.
Although U.S. stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Ready Capital The Trade: Ready Capital Corporation (NYSE:RC) Director Gilbert E Nathan acquired a total of 9,150 shares an av
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Huize Holding (NASDAQ:HUIZ) shares rose 15.85% to $0.76 during Tuesday's regular session. Huize Holding's stock is trading at a volume of 86.0K shares as of 13:40 EST. This is 0% of its average full-day volume over the last 100 days. The company's market cap stands at $33.2 million. Marpai (NASDAQ:MRAI) stock rose 12.27% to $2.2. As of 13:40 EST, Marpai's stock is trading at a volume of 639.4K, which is 0% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $20.6 million. Universal Insurance Hldgs (NYSE:UVE) stock
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers SelectQuote (NYSE:SLQT) shares moved upwards by 6.25% to $1.87 during Friday's regular session. The current volume of 600.8K shares is 0% of SelectQuote's average full-day volume over the last 100 days (last updated at 12:40 EST). The company's market cap stands at $300.8 million. Fanhua (NASDAQ:FANH) shares rose 5.53% to $5.05. The current volume of 17.6K shares is 0% of Fanhua's average full-day volume over the last 100 days (last updated at 12:40 EST). The market value of their outstanding shares is at $272.3 million. Heritage Insurance Hldgs (NYSE:HRTG) stock inc
Company to Host Quarterly Conference Call at 5:00 P.M. ET on November 6, 2024 and Announces their 2024 Virtual Investor Day at 11:00 A.M. ET on December 4, 2024The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or the "Company"), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2024. ($ in thousands, except for per share data) Three Months Ended Nine Months Ended S
ST. PETERSBURG, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company ("AmCoastal"), announced estimated hurricane losses for the 2024 third and fourth quarters. The Company also expects to release its financial results for the third quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. 2024 Third Quarter Update: The Company estimates net current accident quarter catastrophe losses incurred stemming from Hurricanes Debby and
Company to Host Quarterly Conference Call at 5:00 P.M. ET on August 7, 2024The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. ST. PETERSBURG, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or the "Company"), a property and casualty insurance holding company, today reported its financial results for the second quarter ended June 30, 2024. On May 9, 2024, the Company entered into a Stock Purchase Agreement (the "Sale Agreement") with Forza Insurance Holdings, LLC ("Forza") in which ACIC will sell and Forza w
ST. PETERSBURG, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is schedul
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC"), the insurance holding company of Interboro Insurance Company ("Interboro"), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC ("Forza") in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro. Closing is subject to the approval of the New York Department of Financial Services. The transaction completes the run-off of ACIC's personal lines portfolio and allows ACIC to focus on its fast-growing commercial specialty property portfolio. Concurrently, Interboro a
Company to Host Quarterly Conference Call at 5:00 P.M. ET on May 9, 2024 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the first quarter ended March 31, 2024. ($ in thousands, except for per share data) Three Months Ended March 31, 2024 2023 Change Gross premiums written $
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin. First Quarter 2024 Conference Call Details: T
Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 29, 2024 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the fourth quarter and year ended December 31, 2023. ($ in thousands, except for per share data) Three Months Ended Year Ended December 31, December 31, 2023 202
American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) ("the Company", "American Coastal" or "ACIC") the insurance holding company of American Coastal Insurance Company, announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 29, 2024, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET. The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin. Fourth Quarter and Fu
Company to Host Quarterly Conference Call at 5:00 P.M. ET on November 13, 2023 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/Presentations. American Coastal Insurance Corporation (NASDAQ:ACIC) ("ACIC" or "the Company"), a property and casualty insurance holding company, today reported its financial results for the third quarter ended September 30, 2023. ($ in thousands, except for per share data) Three Months Ended Nine Months Ended September 30, September 30, 2023 202
10-Q - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
10-Q - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
10-Q - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
8-K - AMERICAN COASTAL INSURANCE Corp (0001401521) (Filer)
Raymond James initiated coverage of American Coastal Insurance Corporation with a rating of Outperform and set a new price target of $15.00
Benchmark initiated coverage of Atlas Crest Investment with a rating of Buy and set a new price target of $15.00
The Benchmark Company initiated coverage of Atlas Crest Investment Corp with a rating of Buy and set a new price target of $15.00
SC 13G - Archer Aviation Inc. (0001824502) (Subject)
SC 13G - Archer Aviation Inc. (0001824502) (Subject)
SC 13D - Archer Aviation Inc. (0001824502) (Subject)
SC 13D - Archer Aviation Inc. (0001824502) (Subject)
SC 13G - Atlas Crest Investment Corp. (0001824502) (Subject)
SC 13G - Atlas Crest Investment Corp. (0001824502) (Subject)
SC 13G - Atlas Crest Investment Corp. (0001824502) (Subject)
SC 13G - Atlas Crest Investment Corp. (0001824502) (Subject)
SC 13G - Atlas Crest Investment Corp. (0001824502) (Subject)
SC 13G/A - Atlas Crest Investment Corp. (0001824502) (Subject)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)
4 - AMERICAN COASTAL INSURANCE Corp (0001401521) (Issuer)