Should I buy or sell HCI Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HCI Group in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HCI shares. View HCI analyst ratings or view top-rated stocks .

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

4 brokers have issued 12-month target prices for HCI Group's shares. Their HCI share price targets range from $68.00 to $100.00. On average, they expect the company's stock price to reach $88.00 in the next twelve months. This suggests that the stock has a possible downside of 0.3%. View analysts price targets for HCI or view top-rated stocks among Wall Street analysts .

How have HCI shares performed in 2023?

HCI Group's stock was trading at $39.59 at the beginning of 2023. Since then, HCI shares have increased by 122.9% and is now trading at $88.23. View the best growth stocks for 2023 here .

Are investors shorting HCI Group?

HCI Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,420,000 shares, an increase of 18.3% from the October 31st total of 1,200,000 shares. Based on an average trading volume of 92,000 shares, the short-interest ratio is currently 15.4 days. Approximately 23.7% of the shares of the 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 Thursday, March 14th 2024. View our HCI earnings forecast .

How were HCI Group's earnings last quarter?

HCI Group, Inc. (NYSE:HCI) announced its earnings results on Tuesday, November, 7th. The insurance provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $1.05. The insurance provider had revenue of $131.64 million for the quarter, compared to analysts' expectations of $123.73 million. HCI Group had a trailing twelve-month return on equity of 25.25% and a net margin of 8.36%.

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

HCI Group announced a quarterly dividend on Tuesday, October 17th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 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 1.88%. The dividend payout ratio is 36.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HCI will have a dividend payout ratio of 20.33% 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 a number of institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (2.22%), Bernzott Capital Advisors (1.18%), Northern Trust Corp (0.78%), Ameriprise Financial Inc. (0.64%), Assenagon Asset Management S.A. (0.62%) and Bank of New York Mellon Corp (0.57%). Insiders that own company stock include Andrew L Graham , Gregory Politis, James Mark Harmsworth, Lauren L Valiente, Paresh Patel 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

HCI Group Stock Price, News & Analysis (NYSE:HCI)

$88.23

+0.18 (+0.20%)

(As of 12/8/2023 ET)

Compare

Today's Range: $86.64
▼
$88.76
50-Day Range: $53.01
▼
$88.23
52-Week Range: $32.42
▼
$90.81

Volume: 237,452 shs
Average Volume: 91,974 shs
Market Capitalization: $757.72 million

P/E Ratio: 20.33
Dividend Yield: 1.81%
Price Target: $88.00

HCI Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 0.3% Downside
$88.00 Price Target
Short Interest: Bearish
23.67% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 51.35%
From $5.20 to $7.87 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

Finance Sector

340th out of 671 stocks

Fire, Marine, & Casualty Insurance Industry

22nd out of 37 stocks

1.4

Analyst's Opinion

Consensus Rating
HCI Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $88.00, HCI Group has a forecasted downside of 0.3% from its current price of $88.23.
Amount of Analyst Coverage
HCI Group has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
23.67% 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 15.4, which indicates bearish sentiment.
Change versus previous month
Short interest in HCI Group has recently increased by 18.33%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
HCI Group pays a meaningful dividend of 1.88%, 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 36.87%. 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 20.33% next year. This indicates that HCI Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HCI.

2.9

News and Social Media Coverage

News Sentiment
HCI Group has a news sentiment score of 0.20. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for HCI Group this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for HCI on MarketBeat in the last 30 days.
MarketBeat Follows
8 people have added HCI Group to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

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
25.25% 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
65.82% of the stock of HCI Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for HCI Group are expected to grow by 51.35% in the coming year, from $5.20 to $7.87 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HCI Group is 20.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of HCI Group is 20.33, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 55.03.
Price to Book Value per Share Ratio
HCI Group has a P/B Ratio of 4.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About HCI Group Stock (NYSE:HCI)

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, 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

30 days | 90 days | 365 days | Advanced Chart

HCI Stock News Headlines

November 10, 2023 | marketbeat.com

Interest rates propel insurers' earnings to new highs (HCI)

The insurance sector, including Progressive and Chubb, outperforms with steady earnings growth and favorable market conditions amid rising interest rates.

December 8, 2023 | bizjournals.com

Tampa's HCI Group to raise $78M amid Florida expansion

December 8, 2023 | Autonomix (Ad)

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December 8, 2023 | bizjournals.com

HCI requests Citizens policies for new insurer

December 7, 2023 | msn.com

HCI Group stock dips on pricing $78 million stock offering

December 7, 2023 | finance.yahoo.com

HCI Group Announces Pricing of Underwritten Public Offering of Common Stock

December 6, 2023 | msn.com

HCI Group commences proposed public offering of 1M common shares

November 29, 2023 | bizjournals.com

Regulators laud new insurer backed by Tampa’s HCI Group exec

December 8, 2023 | Financial Alphas (Ad)

Recent Reports Are A Wake-Up Call For Investors

As the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.

November 27, 2023 | msn.com

HCI Group (HCI) Price Target Increased by 19.76% to 100.98

November 22, 2023 | msn.com

Property insurer says it’s assuming 34,000 South Florida policies from Citizens. A sign that the market is improving?

November 21, 2023 | finance.yahoo.com

HCI Group's (HCI) HCPCI Takes Over 53,000 Policies From Citizens

November 17, 2023 | finance.yahoo.com

HCI Group, Inc.'s (NYSE:HCI) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

November 17, 2023 | msn.com

Oppenheimer Initiates Coverage of HCI Group (HCI) with Outperform Recommendation

November 16, 2023 | finance.yahoo.com

HCI Group, Inc. (HCI) Hit a 52 Week High, Can the Run Continue?

November 16, 2023 | finance.yahoo.com

Surging Earnings Estimates Signal Upside for HCI Group (HCI) Stock

November 15, 2023 | bizjournals.com

Citizens policy transfers could give this Tampa insurer a $250M boost

November 13, 2023 | finance.yahoo.com

HCI Group (HCI) Is Up 20.75% in One Week: What You Should Know

November 8, 2023 | markets.businessinsider.com

Analyst Ratings for HCI Group

November 8, 2023 | finance.yahoo.com

HCI Group, Inc. (NYSE:HCI) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Compared to Estimates, HCI Group (HCI) Q3 Earnings: A Look at Key Metrics

November 7, 2023 | finance.yahoo.com

HCI Group Reports Third Quarter 2023 Results

November 7, 2023 | finance.yahoo.com

HCI Group Inc (HCI) Reports Significant Turnaround in Q3 2023 Earnings

October 10, 2023 | finance.yahoo.com

HCI Group Sets Third Quarter 2023 Earnings Call for Tuesday, November 7, 2023 at 4:45 p.m. ET

October 6, 2023 | finance.yahoo.com

HCI Group's (HCI) TypTap Gets Regulatory Nod to Assume Policies

October 5, 2023 | finance.yahoo.com

HCI Group Insurance Subsidiary TypTap Was Approved To Assume Up To 25,000 Policies From Citizens Property Insurance Corporation

October 5, 2023 | finance.yahoo.com

Investors in HCI Group (NYSE:HCI) have seen respectable returns of 42% over the past year

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/17/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/07/2023
Ex-Dividend for 12/15 Dividend: 11/16/2023
Today: 12/08/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/14/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Fire, marine, & casualty insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
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: 578
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $88.00
High Stock Price Target: $100.00
Low Stock Price Target: $68.00
Potential Upside/Downside: +0.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.34
Trailing P/E Ratio: 20.26
Forward P/E Ratio: 16.91
P/E Growth: N/A
Net Income: $-58,510,000.00
Net Margins: 8.36%
Pretax Margin: 13.04%
Return on Equity: 25.25%
Return on Assets: 2.63%

Debt

Debt-to-Equity Ratio: 1.04
Current Ratio: 0.38
Quick Ratio: 0.38

Sales & Book Value

Annual Sales: $503.28 million
Price / Sales: 1.50
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $18.41 per share
Price / Book: 4.78

Miscellaneous

Outstanding Shares: 8,588,000
Free Float: 6,420,000
Market Cap: $755.23 million
Optionable: Optionable
Beta: 1.03

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Key Executives

Mr. Pareshbhai Suryakant Patel (Age 60)
Founder, Chairman, President & CEO
Comp: $1.03M
Mr. Gregory Politis (Age 70)
Co-Founder & Lead Independent Director
Comp: $100.61k
Mr. James Mark Harmsworth CPA (Age 59)
Chief Financial Officer
Comp: $462.94k
Ms. Karin Sue Coleman (Age 62)
COO & Director
Comp: $516k
Mr. Andrew Lloyd Graham (Age 65)
VP, General Counsel & Company Secretary
Comp: $416k
Mr. Anthony Saravanos (Age 52)
President of Greenleaf Capital LLC & Director
Comp: $405.4k
Mr. Kevin Andrew Mitchell (Age 43)
Senior Vice President of Investor Relations
Rachel Swansiger Esq.
Investor Relations Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HCI Stock Analysis - Frequently Asked Questions

Should I buy or sell HCI Group stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HCI Group in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HCI shares.
View HCI analyst ratings or view top-rated stocks.
What is HCI Group's stock price target for 2024?: 4 brokers have issued 12-month target prices for HCI Group's shares. Their HCI share price targets range from $68.00 to $100.00. On average, they expect the company's stock price to reach $88.00 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts price targets for HCI or view top-rated stocks among Wall Street analysts.
How have HCI shares performed in 2023?: HCI Group's stock was trading at $39.59 at the beginning of 2023. Since then, HCI shares have increased by 122.9% and is now trading at $88.23.
View the best growth stocks for 2023 here.
Are investors shorting HCI Group?: HCI Group saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,420,000 shares, an increase of 18.3% from the October 31st total of 1,200,000 shares. Based on an average trading volume of 92,000 shares, the short-interest ratio is currently 15.4 days. Approximately 23.7% of the shares of the 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 Thursday, March 14th 2024.
View our HCI earnings forecast.
How were HCI Group's earnings last quarter?: HCI Group, Inc. (NYSE:HCI) announced its earnings results on Tuesday, November, 7th. The insurance provider reported $1.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $1.05. The insurance provider had revenue of $131.64 million for the quarter, compared to analysts' expectations of $123.73 million. HCI Group had a trailing twelve-month return on equity of 25.25% and a net margin of 8.36%.

How often does HCI Group pay dividends? What is the dividend yield for HCI Group?: HCI Group announced a quarterly dividend on Tuesday, October 17th. Shareholders of record on Friday, November 17th will be paid a dividend of $0.40 per share on Friday, December 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, November 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 1.88%. The dividend payout ratio is 36.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HCI will have a dividend payout ratio of 20.33% 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 a number of institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (2.22%), Bernzott Capital Advisors (1.18%), Northern Trust Corp (0.78%), Ameriprise Financial Inc. (0.64%), Assenagon Asset Management S.A. (0.62%) and Bank of New York Mellon Corp (0.57%). Insiders that own company stock include Andrew L Graham, Gregory Politis, James Mark Harmsworth, Lauren L Valiente, Paresh Patel 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:HCI) was last updated on 12/8/2023 by MarketBeat.com Staff

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