HCI Group (HCI) Stock Price, News & Analysis

Company Overview

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. The company also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

Key Stats

• Today's Range: $106.04 to $110.68
• 50-Day Range: $94.65 to $120.97
• 52-Week Range: $81.35 to $124.00
• Volume: 160,239 shs
• Average Volume: 146,595 shs
• Market Capitalization: $1.15 billion
• P/E Ratio: 9.15
• Dividend Yield: 1.46%
• Price Target: $140.00
• Consensus Rating: Moderate Buy

HCI Group Stock Analysis - MarketRank™

HCI Group scored higher than 94% of companies evaluated by MarketBeat, and ranked 93rd out of 950 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

HCI Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

HCI Group has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 83.71%

Earnings Growth

Earnings for HCI Group are expected to grow by 83.71% in the coming year, from $7.00 to $12.86 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of HCI Group is 9.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of HCI Group is 9.15, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.10.

Price to Book Value per Share Ratio

HCI Group has a P/B Ratio of 2.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

13.94% of the float of HCI Group has been sold short.

Short Interest Ratio / Days to Cover

HCI Group has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in HCI Group has recently decreased by 5.79%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

HCI Group pays a meaningful dividend of 1.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

HCI Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of HCI Group is 13.37%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, HCI Group will have a dividend payout ratio of 12.44% next year. This indicates that HCI Group will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

13.94% of the float of HCI Group has been sold short.

Short Interest Ratio / Days to Cover

HCI Group has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in HCI Group has recently decreased by 5.79%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.28

News Sentiment

HCI Group has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for HCI Group this week, compared to 4 articles on an average week.

Search Interest

Only 3 people have searched for HCI on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

3 people have added HCI Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, HCI Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

20.99% of the stock of HCI Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

86.99% of the stock of HCI Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HCI Stock Analysis - Frequently Asked Questions

How have HCI shares performed this year?

HCI Group's stock was trading at $87.40 at the beginning of the year. Since then, HCI stock has increased by 25.4% and is now trading at $109.5650.
View the best growth stocks for 2024 here.

How were HCI Group's earnings last quarter?

HCI Group, Inc. (NYSE:HCI) announced its quarterly earnings data on Thursday, August, 8th. The insurance provider reported $4.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.58 by $0.63. The insurance provider had revenue of $206.25 million for the quarter, compared to the consensus estimate of $196.67 million. HCI Group had a net margin of 19.37% and a trailing twelve-month return on equity of 34.17%.

Who are HCI Group's major shareholders?

HCI Group's top institutional shareholders include State Street Corp (2.76%), Geode Capital Management LLC (2.09%), Two Sigma Advisers LP (1.44%) and Wellington Management Group LLP (1.39%). Insiders that own company stock include Paresh Patel, Sanjay Madhu, Anthony Saravanos, Karin Sue Coleman, Andrew L Graham, James Mark Harmsworth, Susan Watts, Lauren L Valiente and Gregory Politis.
View institutional ownership trends.

How do I buy shares of HCI Group?

Shares of HCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of HCI Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HCI Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 8/08/2024
• Ex-Dividend for 9/20 Dividend: 8/16/2024
• Dividend Payable: 9/20/2024
• Ex-Dividend for 12/20 Dividend: 11/15/2024
• Today: 11/20/2024
• Dividend Payable: 12/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Property & Casualty Insurance
• Current Symbol: NYSE:HCI
• Previous Symbol: NASDAQ:HCII
• CUSIP: 43741E10
• CIK: 1400810
• Web: www.hcigroup.com
• Phone: (813) 849-9500
• Fax: 813-865-0174
• Employees: 530
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $140.00
• High Stock Price Target: $150.00
• Low Stock Price Target: $120.00
• Potential Upside/Downside: +27.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $11.97
• Trailing P/E Ratio: 9.15
• Forward P/E Ratio: 15.65
• P/E Growth: N/A
• Net Income: $79.03 million
• Net Margins: 19.37%
• Pretax Margin: 29.53%
• Return on Equity: 34.17%
• Return on Assets: 7.44%

Debt

• Debt-to-Equity Ratio: 0.40
• Current Ratio: 0.47
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $550.67 million
• Price / Sales: 2.10
• Cash Flow: $9.15 per share
• Price / Cash Flow: 11.97
• Book Value: $38.10 per share
• Price / Book: 2.88

Miscellaneous

• Outstanding Shares: 10,540,000
• Free Float: 8,325,000
• Market Cap: $1.15 billion
• Optionable: No Data
• Beta: 1.12