Ategrity Specialty Insurance Company Holdings (ASIC) AI Stock Analysis

Ategrity Specialty Insurance Company Holdings, through its subsidiaries, provides excess and surplus lines insurance and reinsurance products to small and medium-sized businesses in the United States. Incorporated in 2017 and based in New York, New York, the company operates as a subsidiary of Zimmer Financial Services Group LLC. Its property and casualty solutions include general liability, commercial property, management liability, miscellaneous PL, allied healthcare, and architects and engineers insurance products. It serves the retail, real estate, hospitality, and construction sectors, distributing products through brokerage and small business channels.

Revenue increased from $241.3M in FY2023 to $343.8M in FY2024, representing growth of 42.5%, before climbing 23.4% to $424.3M in FY2025. Over that period, gross margin rose from 17.0% in FY2023 to 31.4% in FY2024 and 50.0% in FY2025. Operating margin expanded from 5.2% in FY2023 to 22.6% in FY2025, while net income grew from $10.0M to $74.0M. In the latest quarter ended June 30, 2026, quarterly revenue grew 45.9% year-over-year, and quarterly earnings grew 71.8%. For the trailing twelve months, revenue reached $516.9M, operating margin was 31.3%, and EPS stood at $2.15.

As of June 30, 2026, the company held $644.6M in cash and short-term investments alongside total debt of $1.8M, resulting in net cash of $642.9M. Shareholders' equity was $664.4M out of $1.40B in total assets, with a current ratio of 103.10 and a debt-to-equity ratio of 0.00. In FY2025, operating cash flow was $147.2M and free cash flow was $140.7M. During FY2025, capital expenditures were $6.5M, share buybacks totaled $2.7M, and dividends paid were $6.9M.

ASIC trades at a trailing price-to-earnings ratio of 12.7x and a forward P/E of 9.9x, compared to medians of 12.1x and 10.8x for the median of its US-listed Financial Services peers. Its price-to-sales ratio is 2.5x, below the peer median of 3.2x. The company has an enterprise value of $1.24B and a market cap of $1.31B. Over the past year, ASIC shares gained 54.8%, outperforming the 16.8% return of the S&P 500 (SPY). The stock closed at $27.25 on October 16, 2026, which is 23.4% above its 200-day average.

Wall Street coverage consists of 2 Strong Buy, 2 Buy, and 1 Hold ratings, with no Sell or Strong Sell ratings. The mean price target of $29.30 implies upside of 7.5% from the last close of $27.25. For the fiscal year ending December 31, 2026, analysts estimate EPS of $2.23 on revenue of $525.8M. For the next fiscal year, 5 analysts project revenue of $661.9M and EPS of $2.51. ASIC beat EPS estimates in each of the last 4 quarters, and its next earnings date is October 21, 2026.

This page is an AI-written research summary of Ategrity Specialty Insurance Company Holdings (ASIC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ASIC income statement, ASIC balance sheet, ASIC key metrics, ASIC analyst forecast, ASIC chart. See the ASIC stock overview for the latest quote and news.