HCI Group (HCI) Projected to Post Quarterly Earnings on Thursday

HCI Group (NYSE:HCI - Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 27th. Analysts expect HCI Group to post earnings of ($2.75) per share and revenue of $175.11 million for the quarter. Parties that wish to register for the company's conference call can do so using this link.

HCI Group Price Performance

NYSE HCI traded down $0.49 on Friday, hitting $117.42. The stock had a trading volume of 88,867 shares, compared to its average volume of 64,784. The firm has a 50-day moving average of $118.14 and a 200-day moving average of $110.71. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.47 and a current ratio of 0.47. HCI Group has a 52-week low of $83.64 and a 52-week high of $126.50. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 9.81 and a beta of 1.12.

HCI Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 21st will be given a $0.40 dividend. The ex-dividend date is Friday, February 21st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.36%. HCI Group's dividend payout ratio (DPR) is presently 13.37%.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Truist Financial restated a "buy" rating and set a $145.00 target price on shares of HCI Group in a research report on Tuesday, December 17th. Oppenheimer boosted their price objective on HCI Group from $140.00 to $150.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, HCI Group presently has an average rating of "Moderate Buy" and an average target price of $140.00.

About HCI Group

HCI Group, Inc, together with its subsidiaries, engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs.