NYSE:HCI

HCI Group (HCI) Stock Price, News & Analysis

$111.77
-2.49 (-2.18%)
(As of 05/2/2024 ET)
Today's Range
$111.60
$114.76
50-Day Range
$96.13
$119.05
52-Week Range
$48.08
$121.57
Volume
134,554 shs
Average Volume
131,152 shs
Market Capitalization
$1.15 billion
P/E Ratio
14.78
Dividend Yield
1.43%
Price Target
$124.00

HCI Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.0% Upside
$124.00 Price Target
Short Interest
Bearish
13.51% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.14mentions of HCI Group in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$13.20 M Sold Last Quarter
Proj. Earnings Growth
13.07%
From $10.33 to $11.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.78 out of 5 stars

Finance Sector

509th out of 858 stocks

Fire, Marine, & Casualty Insurance Industry

34th out of 51 stocks

HCI stock logo

About HCI Group Stock (NYSE:HCI)

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.

HCI Stock Price History

HCI Stock News Headlines

Have You Seen Elon’s New A.I. Device? (Picture Inside)
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...
HCI Group (HCI) to Release Quarterly Earnings on Wednesday
HCI Group, Inc. (NYSE:HCI) Short Interest Update
Have You Seen Elon’s New A.I. Device? (Picture Inside)
A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. Click here to see this strange device you could be wearing some day. Elon believes A.I. is advancing so fast...
HCI Group Declares Quarterly Cash Dividend
Here’s Why HCI Group (HCI) Rose in Q1
See More Headlines
Receive HCI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for HCI Group and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/15 Dividend
2/15/2024
Last Earnings
3/07/2024
Dividend Payable
3/15/2024
Today
5/02/2024
Next Earnings (Confirmed)
5/08/2024
Ex-Dividend for 6/21 Dividend
5/16/2024
Dividend Payable
6/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Property & Casualty Insurance
Previous Symbol
NASDAQ:HCII
CUSIP
43741E10
Employees
547
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$124.00
High Stock Price Target
$140.00
Low Stock Price Target
$112.00
Potential Upside/Downside
+10.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$79.03 million
Pretax Margin
21.36%

Debt

Sales & Book Value

Annual Sales
$550.67 million
Cash Flow
$9.18 per share
Book Value
$38.10 per share

Miscellaneous

Free Float
7,460,000
Market Cap
$1.15 billion
Optionable
No Data
Beta
1.15

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Pareshbhai Suryakant Patel (Age 61)
    Founder, Chairman, President & CEO
    Comp: $1.03M
  • Mr. Gregory Politis (Age 71)
    Co-Founder & Lead Independent Director
    Comp: $100.61k
  • Mr. James Mark Harmsworth CPA (Age 60)
    Chief Financial Officer
    Comp: $462.94k
  • Ms. Karin Sue Coleman (Age 63)
    COO & Director
    Comp: $516k
  • Mr. Andrew Lloyd GrahamMr. Andrew Lloyd Graham (Age 66)
    VP, General Counsel & Company Secretary
    Comp: $416k
  • Mr. Anthony Saravanos (Age 53)
    President of Greenleaf Capital LLC & Director
    Comp: $405.4k
  • Mr. Kevin Andrew Mitchell (Age 44)
    Senior Vice President of Investor Relations
  • Rachel Swansiger Esq.
    Investor Relations Officer

HCI Stock Analysis - Frequently Asked Questions

Should I buy or sell HCI Group stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HCI Group in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HCI shares.
View HCI analyst ratings
or view top-rated stocks.

What is HCI Group's stock price target for 2024?

5 analysts have issued 1 year price objectives for HCI Group's stock. Their HCI share price targets range from $112.00 to $140.00. On average, they predict the company's stock price to reach $124.00 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts price targets for HCI
or view top-rated stocks among Wall Street analysts.

How have HCI shares performed in 2024?

HCI Group's stock was trading at $87.40 at the beginning of the year. Since then, HCI shares have increased by 27.9% and is now trading at $111.76.
View the best growth stocks for 2024 here
.

Are investors shorting HCI Group?

HCI Group saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,020,000 shares, an increase of 5.7% from the March 31st total of 964,700 shares. Based on an average daily trading volume, of 138,300 shares, the short-interest ratio is currently 7.4 days. Approximately 13.5% of the company's stock are sold short.
View HCI Group's Short Interest
.

When is HCI Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our HCI earnings forecast
.

How can I listen to HCI Group's earnings call?

HCI Group will be holding an earnings conference call on Wednesday, May 8th at 4:45 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "50356".

How were HCI Group's earnings last quarter?

HCI Group, Inc. (NYSE:HCI) announced its earnings results on Thursday, March, 7th. The insurance provider reported $3.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.41 by $1.81. The insurance provider earned $162.67 million during the quarter, compared to analysts' expectations of $146.09 million. HCI Group had a net margin of 14.35% and a trailing twelve-month return on equity of 36.40%. During the same quarter last year, the company earned $0.06 EPS.

How often does HCI Group pay dividends? What is the dividend yield for HCI Group?

HCI Group announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Friday, May 17th will be given a dividend of $0.40 per share on Friday, June 21st. This represents a $1.60 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Thursday, May 16th.
Read our dividend analysis for HCI
.

Is HCI Group a good dividend stock?

HCI Group (NYSE:HCI) pays an annual dividend of $1.60 per share and currently has a dividend yield of 1.40%. The dividend payout ratio is 21.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HCI will have a dividend payout ratio of 13.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HCI.

What other stocks do shareholders of HCI Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HCI Group investors own include Heritage Insurance (HRTG), AT&T (T), Home Depot (HD), Verizon Communications (VZ), Advanced Micro Devices (AMD), Netflix (NFLX), NVIDIA (NVDA), Walt Disney (DIS), Block (SQ) and AbbVie (ABBV).

Who are HCI Group's major shareholders?

HCI Group's stock is owned by many different retail and institutional investors. Top institutional investors include Wasatch Advisors LP (1.61%), Assenagon Asset Management S.A. (0.72%), Principal Financial Group Inc. (0.45%), BNP Paribas Financial Markets (0.31%), Los Angeles Capital Management LLC (0.19%) and Janney Montgomery Scott LLC (0.13%). Insiders that own company stock include Andrew L Graham, Anthony Saravanos, Gregory Politis, James Mark Harmsworth, Karin Sue Coleman, Lauren L Valiente, Paresh Patel, Sanjay Madhu and Susan Watts.
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.

This page (NYSE:HCI) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners