HC2 Stock Price, News & Analysis (NYSE:HCHC)

$5.96 0.21 (3.65 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$5.75
Today's Range$5.78 - $6.08
52-Week Range$4.30 - $7.27
Volume319,300 shs
Average Volume214,960 shs
Market Capitalization$249.72 million
P/E RatioN/A
Dividend YieldN/A
Beta0.66

About HC2 (NYSE:HCHC)

HC2 logoHC2 Holdings, Inc. engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants. It also fabricates trusses and girders; and fabricates and erects water pipes, water storage tanks, pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. In addition, the company provides subsea cable installation and maintenance services for the telecommunications sector; installation, maintenance, and repair services for fiber optic communication and power infrastructure to offshore platforms; and installation services for power cables for use in offshore wind farms and in the offshore wind market. Further, it distributes natural gas motor fuels; designs, builds, owns, acquires, operates, and maintains compressed natural gas fueling stations for transportation vehicles; and offers voice communication services for national telecommunications, mobile, prepaid, and voice over Internet protocol service operators, as well as wholesale carriers and Internet service providers. Additionally, the company provides long-term care, life, and annuity insurance products to individuals. Furthermore, it focuses on developing products to treat early osteoarthritis of the knee; develops skin lightening technology; owns licenses to create and distribute NASCAR video games; and offers analytics on broadcast TV, digital, and social media online platforms. The company was formerly known as PTGi Holding Inc. and changed its name to HC2 Holdings, Inc. in April 2014. HC2 Holdings, Inc. was founded in 1994 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Industrial Conglomerates
Sub-IndustryN/A
SectorMulti-Sector Conglomerates
SymbolNYSE:HCHC
CUSIPN/A
Phone212-235-2690

Debt

Debt-to-Equity Ratio6.06%
Current Ratio1.34%
Quick Ratio1.34%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.56 billion
Price / Sales0.16
Cash FlowN/A
Price / CashN/A
Book Value$1.61 per share
Price / Book3.70

Profitability

Trailing EPS($2.58)
Net Income$-94,540,000.00
Net Margins-6.13%
Return on Equity-67.69%
Return on Assets-1.67%

Miscellaneous

Employees2,744
Outstanding Shares43,060,000

HC2 (NYSE:HCHC) Frequently Asked Questions

What is HC2's stock symbol?

HC2 trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCHC."

How were HC2's earnings last quarter?

HC2 Holdings Inc (NYSE:HCHC) issued its earnings results on Wednesday, November, 8th. The technology company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.07. The technology company earned $406.40 million during the quarter, compared to the consensus estimate of $428.04 million. HC2 had a negative net margin of 6.13% and a negative return on equity of 67.69%. The firm's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period last year, the business posted ($0.20) EPS. View HC2's Earnings History.

When will HC2 make its next earnings announcement?

HC2 is scheduled to release their next quarterly earnings announcement on Tuesday, March, 6th 2018. View Earnings Estimates for HC2.

Where is HC2's stock going? Where will HC2's stock price be in 2017?

1 equities research analysts have issued 1-year target prices for HC2's shares. Their predictions range from $11.50 to $11.50. On average, they expect HC2's share price to reach $11.50 in the next year. View Analyst Ratings for HC2.

What are Wall Street analysts saying about HC2 stock?

Here are some recent quotes from research analysts about HC2 stock:

  • 1. According to Zacks Investment Research, "HC2 Holdings, Inc. is a holding company which seeks to acquire and grow attractive businesses. The company's operating segments consists of Manufacturing, Marine Services, Insurance, Utilities, Telecommunications, Life Sciences and Other. Its operating subsidiaries consists of Schuff International Inc., is a steel fabricator and erector primarily in the United States and Global Marine Systems Limited, provider of engineering and underwater services on submarine cables. HC2 Holdings, Inc. is headquartered in New York. " (11/13/2017)
  • 2. B. Riley analysts commented, "We believe the acquisition is additive to HCHC’s marine services portfolio of assets and services, as the acquired trenching and cable lay assets/capabilities could further bolster this segment’s ability to bid for, secure, and perform additional projects of work." (10/12/2017)

Who are some of HC2's key competitors?

Who are HC2's key executives?

HC2's management team includes the folowing people:

  • Philip A. Falcone, Chairman of the Board, President, Chief Executive Officer (Age 54)
  • Michael J Sena, Chief Financial Officer (Age 43)
  • Suzi Raftery Herbst, Chief Administrative Officer (Age 40)
  • Andrea Lyn Mancuso, Deputy General Counsel, Assistant Corporate Secretary (Age 45)
  • Paul K. Voigt, Senior Managing Director - Investments (Age 56)
  • Joseph A. Ferraro, Chief Legal Officer and Corporate Secretary
  • Wayne Barr Jr., Independent Director (Age 53)
  • Robert V. Leffler Jr., Independent Director (Age 70)

Who owns HC2 stock?

HC2's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include JPMorgan Chase & Co. (3.66%), B. Riley Financial Inc. (2.99%), Whalerock Point Partners LLC (1.94%), Bank of New York Mellon Corp (0.34%), Schwab Charles Investment Management Inc. (0.29%) and OxFORD Asset Management LLP (0.22%). Company insiders that own HC2 stock include Michael J Sena, Paul Voigt, Philip Falcone, Robert V Leffler Jr, Suzi R Herbst and Warren H Gfeller. View Institutional Ownership Trends for HC2.

Who sold HC2 stock? Who is selling HC2 stock?

HC2's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, B. Riley Financial Inc., Whalerock Point Partners LLC and OxFORD Asset Management LLP. Company insiders that have sold HC2 company stock in the last year include Robert V Leffler Jr and Suzi R Herbst. View Insider Buying and Selling for HC2.

Who bought HC2 stock? Who is buying HC2 stock?

HC2's stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., PEAK6 Investments L.P., Schwab Charles Investment Management Inc., Wells Fargo & Company MN and Bank of New York Mellon Corp. Company insiders that have bought HC2 stock in the last two years include Michael J Sena, Paul Voigt, Philip Falcone and Warren H Gfeller. View Insider Buying and Selling for HC2.

How do I buy HC2 stock?

Shares of HC2 can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is HC2's stock price today?

One share of HC2 stock can currently be purchased for approximately $5.96.

How big of a company is HC2?

HC2 has a market capitalization of $249.72 million and generates $1.56 billion in revenue each year. The technology company earns $-94,540,000.00 in net income (profit) each year or ($2.58) on an earnings per share basis. HC2 employs 2,744 workers across the globe.

How can I contact HC2?

HC2's mailing address is 450 PARK AVENUE, NEW YORK NY, 10022. The technology company can be reached via phone at 212-235-2690 or via email at [email protected]


MarketBeat Community Rating for HC2 (HCHC)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  58 (Vote Underperform)
Total Votes:  165
MarketBeat's community ratings are surveys of what our community members think about HC2 and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

HC2 (NYSE:HCHC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.003.00
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $11.50$11.50$10.00$10.50
Price Target Upside: 118.22% upside121.15% upside98.81% upside85.19% upside

HC2 (NYSE:HCHC) Consensus Price Target History

Price Target History for HC2 (NYSE:HCHC)

HC2 (NYSE:HCHC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2017B. RileyReiterated RatingBuy$11.50N/AView Rating Details
(Data available from 12/16/2015 forward)

Earnings

HC2 (NYSE:HCHC) Earnings History and Estimates Chart

Earnings by Quarter for HC2 (NYSE:HCHC)

HC2 (NYSE HCHC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2018($0.16)N/AView Earnings Details
11/8/2017Q3 2017($0.09)($0.16)$428.04 million$406.40 millionViewN/AView Earnings Details
8/9/2017Q2 2017($0.18)($0.35)$424.16 million$378.65 millionViewListenView Earnings Details
3/8/2017Q4 2016($0.12)($0.37)$395.16 million$454.01 millionViewListenView Earnings Details
11/9/2016Q316($0.16)($0.20)$388.50 million$413.10 millionViewListenView Earnings Details
11/2/2015Q3($0.22)$277.47 millionViewListenView Earnings Details
8/10/2015Q2($0.48)$280.98 millionViewListenView Earnings Details
5/11/2015Q115($0.25)$43.35 million$201.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

HC2 (NYSE:HCHC) Earnings Estimates

Current Year EPS Consensus Estimate: $-1.11 EPS
Next Year EPS Consensus Estimate: $-0.76 EPS

Dividends

Dividend History for HC2 (NYSE:HCHC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

HC2 (NYSE HCHC) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 16.00%
Institutional Ownership Percentage: 59.94%
Insider Trades by Quarter for HC2 (NYSE:HCHC)
Institutional Ownership by Quarter for HC2 (NYSE:HCHC)

HC2 (NYSE HCHC) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/13/2017Suzi R HerbstInsiderSell5,303$4.99$26,461.97View SEC Filing  
11/10/2017Robert V Leffler JrDirectorSell20,000$5.00$100,000.00View SEC Filing  
11/14/2016Michael J SenaCFOBuy10,000$4.55$45,500.00View SEC Filing  
11/14/2016Paul VoigtInsiderBuy25,000$4.58$114,500.00View SEC Filing  
11/14/2016Philip FalconeCEOBuy21,000$4.53$95,130.00View SEC Filing  
11/11/2016Philip FalconeCEOBuy31,200$4.41$137,592.00View SEC Filing  
11/11/2016Warren H GfellerDirectorBuy5,000$4.27$21,350.00View SEC Filing  
10/15/2015Hrg Group, Inc.Major ShareholderSell4,678,395$7.50$35,087,962.50View SEC Filing  
10/12/2015Sander GerberMajor ShareholderSell87,500$7.85$686,875.00View SEC Filing  
10/9/2015Philip FalconeCEOBuy540,000$7.50$4,050,000.00View SEC Filing  
6/29/2015Hrg Group, Inc.Major ShareholderSell1,079,965$9.10$9,827,681.50View SEC Filing  
4/2/2015Dg Capital Management, LlcMajor ShareholderSell49,218$10.97$539,921.46View SEC Filing  
4/1/2015Dg Capital Management, LlcMajor ShareholderSell77,458$11.00$852,038.00View SEC Filing  
3/30/2015Dg Capital Management, LlcMajor ShareholderSell46,644$11.71$546,201.24View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

HC2 (NYSE HCHC) News Headlines

Source:
DateHeadline
 HC2 Holdings Inc (HCHC) Given $11.50 Average Target Price by Brokerages HC2 Holdings Inc (HCHC) Given $11.50 Average Target Price by Brokerages
www.americanbankingnews.com - December 16 at 1:52 AM
Brokerages Anticipate HC2 Holdings, Inc. (HCHC) to Post ($0.16) Earnings Per ShareBrokerages Anticipate HC2 Holdings, Inc. (HCHC) to Post ($0.16) Earnings Per Share
www.americanbankingnews.com - December 9 at 3:14 AM
HC2 Holdings, Inc. (HCHC) Rating Lowered to Sell at Zacks Investment ResearchHC2 Holdings, Inc. (HCHC) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - November 26 at 2:56 PM
 HC2 Holdings, Inc. (HCHC) Given $11.50 Average Target Price by Analysts HC2 Holdings, Inc. (HCHC) Given $11.50 Average Target Price by Analysts
www.americanbankingnews.com - November 23 at 9:32 AM
B. Riley Reiterates Buy Rating for HC2 Holdings, Inc. (HCHC)B. Riley Reiterates Buy Rating for HC2 Holdings, Inc. (HCHC)
www.americanbankingnews.com - November 21 at 1:16 PM
Gaithersburg immunotherapy biotech raises $2 millionGaithersburg immunotherapy biotech raises $2 million
finance.yahoo.com - November 17 at 6:00 PM
Brokerages Anticipate HC2 Holdings, Inc. (HCHC) to Announce ($0.16) Earnings Per ShareBrokerages Anticipate HC2 Holdings, Inc. (HCHC) to Announce ($0.16) Earnings Per Share
www.americanbankingnews.com - November 16 at 3:52 PM
HC2 Holdings (HCHC) CEO Philip Falcone on Q3 2016 Results - Earnings Call TranscriptHC2 Holdings' (HCHC) CEO Philip Falcone on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 10 at 6:30 AM
The Andersons Second Half Looking Ever BrighterThe Andersons' Second Half Looking Ever Brighter
seekingalpha.com - October 29 at 5:11 PM
HC2 HOLDINGS, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security HoldersHC2 HOLDINGS, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - June 15 at 4:33 PM
American Drivers Fueling a Wave of Deals for Ethanol MakersAmerican Drivers Fueling a Wave of Deals for Ethanol Makers
www.bloomberg.com - June 14 at 7:32 PM
St. Louis startup acquires German life science companySt. Louis startup acquires German life science company
www.bizjournals.com - June 9 at 5:30 PM
The Andersons (ANDE) Says HC2 (HCHC) Proposal Restates Previously Rejected OfferThe Andersons (ANDE) Says HC2 (HCHC) Proposal Restates Previously Rejected Offer
www.streetinsider.com - June 3 at 5:42 PM
HC2 Holdings (HCHC) Reiterates Offer to Acquire The Andersons (ANDE) for $37/ShareHC2 Holdings (HCHC) Reiterates Offer to Acquire The Andersons (ANDE) for $37/Share
www.streetinsider.com - June 3 at 5:42 PM
Andersons Inc. (ANDE) Jumped After Takeover Offer RejectedAndersons Inc. (ANDE) Jumped After Takeover Offer Rejected
www.rttnews.com - May 19 at 12:02 PM
Falcones pursuit of Andersons may be far from overFalcone's pursuit of Andersons may be far from over
www.thestreet.com - May 18 at 3:00 PM
HC2 Makes $1.04 Bln Offer For AndersonsHC2 Makes $1.04 Bln Offer For Andersons
www.rttnews.com - May 18 at 11:29 AM
Andersons Inc. (ANDE) Is Surging After Rejecting Takeover OfferAndersons Inc. (ANDE) Is Surging After Rejecting Takeover Offer
www.nasdaq.com - May 18 at 11:29 AM
Philip Falcone’s HC2 Makes $1 Billion Offer for AndersonsPhilip Falcone’s HC2 Makes $1 Billion Offer for Andersons
www.wsj.com - May 18 at 11:29 AM
HC2 Holdings (HCHC) Submits Letter to Andersons (ANDE) Regarding Potential $37/Share AcquisitionHC2 Holdings (HCHC) Submits Letter to Andersons (ANDE) Regarding Potential $37/Share Acquisition
www.streetinsider.com - May 18 at 11:29 AM
Andersons surges nearly 30 percent amid HC2 takeover bidAndersons surges nearly 30 percent amid HC2 takeover bid
www.cnbc.com - May 18 at 10:42 AM
Andersons rejected HC2s buyout bid, stock haltedAndersons rejected HC2's buyout bid, stock halted
www.marketwatch.com - May 18 at 8:16 AM
U.S. Grain Trader Rejects $1 Billion Bid From Falcone’s HC2U.S. Grain Trader Rejects $1 Billion Bid From Falcone’s HC2
www.bloomberg.com - May 18 at 8:09 AM
HC2 HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and ExhibitsHC2 HOLDINGS, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - May 18 at 6:02 AM
[$$] Philip Falcone’s HC2 Makes $1 Billion Offer for Andersons[$$] Philip Falcone’s HC2 Makes $1 Billion Offer for Andersons
www.wsj.com - May 18 at 12:17 AM
[$$] Philip Falcones HC2 Makes $1 Billion Offer for Andersons[$$] Philip Falcone's HC2 Makes $1 Billion Offer for Andersons
www.wsj.com - May 17 at 9:07 PM
Philip Falcone’s HC2 bids $1 billion for ag company AndersonsPhilip Falcone’s HC2 bids $1 billion for ag company Andersons
www.marketwatch.com - May 17 at 6:08 PM
HC2 Holdings Inc Earnings Call scheduled for 4:30 pm ET todayHC2 Holdings Inc Earnings Call scheduled for 4:30 pm ET today
biz.yahoo.com - May 9 at 7:34 AM
Q1 2016 HC2 Holdings Inc Earnings Release - After Market CloseQ1 2016 HC2 Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - May 9 at 7:07 AM
[$$] Phil Falcones Long Game[$$] Phil Falcone's Long Game
www.barrons.com - April 30 at 12:01 AM
HC2 HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal OfficersHC2 HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - April 14 at 5:02 PM

SEC Filings

HC2 (NYSE:HCHC) SEC Filings

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Social Media

Financials

HC2 (NYSE:HCHC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

HC2 (NYSE HCHC) Stock Chart for Saturday, December, 16, 2017

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This page was last updated on 12/16/2017 by MarketBeat.com Staff

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