HCI Group, Inc. primarily engages in the property and casualty insurance business in Florida. It provides property and casualty insurance to homeowners, condominium owners, and tenants; and reinsurance. The company also owns and operates one full-service restaurant, two marinas, two retail shopping centers, and one office building. In addition, it offers designs and develops Web-based applications and products for mobile devices. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:HCI
CUSIP43741E10
Phone813-849-9500
Debt
Debt-to-Equity Ratio1.26
Current Ratio0.66
Quick Ratio0.66
Price-To-Earnings
Trailing P/E Ratio-58.04
Forward P/E Ratio11.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$244.41 million
Price / Sales1.65
Cash Flow$0.4016 per share
Price / Cash108.43
Book Value$19.83 per share
Price / Book2.20
Profitability
EPS (Most Recent Fiscal Year)($0.75)
Net Income$-6,890,000.00
Net Margins-4.99%
Return on Equity-4.23%
Return on Assets-0.94%
Miscellaneous
Employees334
Outstanding Shares9,280,000
Market Cap$406.20 million
HCI Group (NYSE:HCI) Frequently Asked Questions
What is HCI Group's stock symbol?
HCI Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "HCI."
How often does HCI Group pay dividends? What is the dividend yield for HCI Group?
HCI Group announced a quarterly dividend on Monday, July 9th. Investors of record on Friday, August 17th will be paid a dividend of $0.375 per share on Friday, September 21st. This represents a $1.50 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Thursday, August 16th. View HCI Group's Dividend History.
How will HCI Group's stock buyback program work?
HCI Group declared that its Board of Directors has authorized a stock buyback program on Thursday, December 7th 2017, which authorizes the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often an indication that the company's board believes its stock is undervalued.
How were HCI Group's earnings last quarter?
HCI Group Inc (NYSE:HCI) posted its quarterly earnings results on Thursday, August, 2nd. The insurance provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.06. The insurance provider earned $58.81 million during the quarter, compared to the consensus estimate of $59.59 million. HCI Group had a negative return on equity of 4.23% and a negative net margin of 4.99%. View HCI Group's Earnings History.
When is HCI Group's next earnings date?
What price target have analysts set for HCI?
1 Wall Street analysts have issued twelve-month price targets for HCI Group's shares. Their forecasts range from $50.00 to $50.00. On average, they expect HCI Group's stock price to reach $50.00 in the next year. This suggests a possible upside of 14.8% from the stock's current price. View Analyst Price Targets for HCI Group.
What is the consensus analysts' recommendation for HCI Group?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HCI Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HCI Group.
Who are some of HCI Group's key competitors?
Some companies that are related to HCI Group include Infinity Property and Casualty (IPCC), Employers (EIG), Safety Insurance Group (SAFT), Kinsale Capital Group (KNSL), State Auto Financial (STFC), Third Point Reinsurance (TPRE), James River Group (JRVR), United Fire Group (UFCS), Amerisafe (AMSF), United Insurance (UIHC), BlackRock TCP Capital (TCPC), Global Indemnity (GBLI), EMC Insurance Group (EMCI), Greenlight Capital Re (GLRE) and Donegal Group (DGICA).
Who are HCI Group's key executives?
HCI Group's management team includes the folowing people:
- Mr. Pareshbhai Suryakant Patel, Co-Founder, Chairman, Pres & CEO (Age 55)
- Mr. James Mark Harmsworth CPA, Chief Financial Officer (Age 54)
- Mr. Andrew Lloyd Graham, VP, Gen. Counsel & Company Sec. (Age 60)
- Ms. Karin Coleman, Exec. VP (Age 57)
- Mr. Anthony Saravanos, Pres of Greenleaf Capital LLC & Director (Age 47)
Who are HCI Group's major shareholders?
HCI Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Essex Investment Management Co. LLC (0.52%) and Nisa Investment Advisors LLC (0.11%). Company insiders that own HCI Group stock include Andrew L Graham, Gregory Politis, James J Macchiarola, James Mark Harmsworth, Martin A Traber and Paresh Patel. View Institutional Ownership Trends for HCI Group.
Which institutional investors are selling HCI Group stock?
Which institutional investors are buying HCI Group stock?
HCI stock was bought by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC. Company insiders that have bought HCI Group stock in the last two years include Andrew L Graham, Gregory Politis, James J Macchiarola, James Mark Harmsworth, Martin A Traber and Paresh Patel. View Insider Buying and Selling for HCI Group.
How do I buy shares of HCI Group?
Shares of HCI 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 HCI Group's stock price today?
One share of HCI stock can currently be purchased for approximately $43.55.
How big of a company is HCI Group?
HCI Group has a market capitalization of $406.20 million and generates $244.41 million in revenue each year. The insurance provider earns $-6,890,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. HCI Group employs 334 workers across the globe.
What is HCI Group's official website?
How can I contact HCI Group?
HCI Group's mailing address is 5300 WEST CYPRESS STREET SUITE 100, TAMPA FL, 33607. The insurance provider can be reached via phone at 813-849-9500 or via email at [email protected]
MarketBeat Community Rating for HCI Group (NYSE HCI)
MarketBeat's community ratings are surveys of what our community members think about HCI Group and other stocks. Vote "Outperform" if you believe HCI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HCI will underperform the S&P 500 over the long term. You may vote once every thirty days.
