HCI Group (NYSE:HCI) Sets New 12-Month High Following Better-Than-Expected Earnings

Key Points

• HCI Group beat earnings expectations, reporting quarterly EPS of $6.45 versus analysts’ $4.96 estimate; net income rose to $86 million from $68 million a year earlier.
• Shares reached a new 52-week high of $208.80 after the results, while Citizens JMP raised its price target to $280 and maintained a market-outperform rating.
• Revenue of $244.91 million fell short of the $247.75 million consensus estimate. HCI also declared a quarterly dividend of $0.40 per share, equivalent to a 0.8% yield.

HCI Group, Inc. (NYSE:HCI - Get Free Report) reached a new 52-week high during mid-day trading on Thursday following a better than expected earnings announcement. The stock traded as high as $208.80 and last traded at $202.5230, with a volume of 33,061 shares trading hands. The stock had previously closed at $202.53.

The insurance provider reported $6.45 earnings per share for the quarter, beating analysts' consensus estimates of $4.96 by $1.49. HCI Group had a net margin of 32.60% and a return on equity of 28.80%. The firm had revenue of $244.91 million for the quarter, compared to analysts' expectations of $247.75 million.

HCI Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 18th. Investors of record on Friday, November 20th will be paid a $0.40 dividend. The ex-dividend date is Friday, November 20th. This represents a $1.60 annualized dividend and a yield of 0.8%. HCI Group's dividend payout ratio is presently 6.90%.

Key HCI Group News

Here are the key news stories impacting HCI Group this week:

• Positive Sentiment: HCI reported Q3 diluted EPS of $6.45, topping analyst estimates of about $4.96–$5.01 and rising from $4.90 a year earlier. Net income increased to $86 million from $68 million, while the gross loss ratio was 20.7%. HCI Group Reports Third Quarter 2026 Results
• Positive Sentiment: Gross written premiums rose 12%, indicating growth in the insurance business and reinforcing the strong earnings report. HCI posts Q3 earnings beat as gross written premiums rise 12%
• Positive Sentiment: Citizens JMP raised its price target from $265 to $280 and maintained a “market outperform” rating, signaling continued analyst optimism. Tickerreport coverage of Citizens JMP price target
• Negative Sentiment: Quarterly revenue of $244.91 million was below analysts’ roughly $247.75 million estimate, tempering the EPS beat. HCI Group reports sales below analyst estimates
• Negative Sentiment: HCI outlined an estimated $15 million net loss from Isaias for Q4, which could weigh on near-term results. HCI outlines Q4 Isaias loss

Analyst Upgrades and Downgrades

HCI has been the subject of a number of recent research reports. Cantor Fitzgerald assumed coverage on HCI Group in a research report on Thursday, July 9th. They issued an "overweight" rating and a $225.00 target price for the company. Citizens Jmp upped their price target on HCI Group from $265.00 to $280.00 and gave the company a "market outperform" rating in a research report on Thursday. Citigroup reiterated a "market outperform" rating on shares of HCI Group in a research note on Thursday. Truist Financial set a $235.00 price objective on HCI Group in a report on Thursday, October 1st. Finally, Zacks Research upgraded HCI Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, HCI Group has a consensus rating of "Buy" and a consensus price target of $246.67.

Institutional Investors Weigh In On HCI Group

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gen Wealth Partners Inc bought a new position in shares of HCI Group in the third quarter worth approximately $34,000. Allspring Global Investments Holdings LLC grew its position in HCI Group by 60.8% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 234,086 shares of the insurance provider's stock worth $42,461,000 after acquiring an additional 88,553 shares during the last quarter. Alps Advisors Inc. increased its stake in shares of HCI Group by 3.8% in the third quarter. Alps Advisors Inc. now owns 3,112 shares of the insurance provider's stock worth $541,000 after buying an additional 114 shares during the period. Kestra Advisory Services LLC bought a new position in shares of HCI Group during the third quarter valued at about $205,000. Finally, Commonwealth Equity Services LLC bought a new position in HCI Group during the 3rd quarter valued at approximately $215,000. Institutional investors own 86.99% of the company's stock.

HCI Group Stock Performance

The business has a fifty day moving average of $190.15 and a 200 day moving average of $171.28. The company has a market cap of $2.52 billion, a P/E ratio of 8.75 and a beta of 0.96. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03.

HCI Group Company Profile

HCI Group, Inc is a Florida-based holding company focused primarily on property and casualty insurance. Through its insurance subsidiaries, the company provides residential property insurance products, including homeowners, condominium, renters and dwelling coverage, designed to protect policyholders against risks such as wind, fire, theft and other covered losses.

HCI's insurance operations have historically been concentrated in Florida, one of the largest and most challenging residential property-insurance markets in the United States.

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