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
Industry Fire, marine, & casualty insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone813-849-9500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$244.41 million
Profitability
Miscellaneous
Employees334
Next Earnings Date3/7/2019 (Confirmed)
OptionableOptionable
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 declared a quarterly dividend on Friday, January 18th. Stockholders of record on Friday, February 15th will be given a dividend of $0.40 per share on Friday, March 15th. This represents a $1.60 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Thursday, February 14th. This is an increase from HCI Group's previous quarterly dividend of $0.38. View HCI Group's Dividend History.
How will HCI Group's stock buyback program work?
HCI Group announced that its board has authorized a share repurchase program on Thursday, December 7th 2017, which allows the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's management believes its shares are undervalued.
How were HCI Group's earnings last quarter?
HCI Group Inc (NYSE:HCI) released its quarterly earnings data on Tuesday, March, 6th. The insurance provider reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.32. The insurance provider had revenue of $61.62 million for the quarter, compared to the consensus estimate of $62.98 million. HCI Group had a net margin of 15.96% and a return on equity of 21.65%. HCI Group's revenue was down 14.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.47 earnings per share. View HCI Group's Earnings History.
When is HCI Group's next earnings date?
What price target have analysts set for HCI?
2 brokers have issued 12-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 5.1% from the stock's current price. View Analyst Price Targets for HCI Group.
What is the consensus analysts' recommendation for HCI Group?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HCI Group in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HCI Group.
Has HCI Group been receiving favorable news coverage?
News stories about HCI stock have been trending positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. HCI Group earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days.
Who are some of HCI Group's key competitors?
Some companies that are related to HCI Group include Horace Mann Educators (HMN), Employers (EIG), State Auto Financial (STFC), Universal Insurance (UVE), Safety Insurance Group (SAFT), Kinsale Capital Group (KNSL), James River Group (JRVR), United Fire Group (UFCS), Amerisafe (AMSF), Third Point Reinsurance (TPRE), BlackRock TCP Capital (TCPC), EMC Insurance Group (EMCI), United Insurance (UIHC), Global Indemnity (GBLI) and Greenlight Capital Re (GLRE).
What other stocks do shareholders of HCI Group own?
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 56)
- Mr. James Mark Harmsworth CPA, Chief Financial Officer (Age 55)
- Mr. Andrew Lloyd Graham, VP, Gen. Counsel & Company Sec. (Age 61)
- Ms. Karin Coleman, Exec. VP (Age 58)
- Mr. Anthony Saravanos, Pres of Greenleaf Capital LLC & Director (Age 48)
Who are HCI Group's major shareholders?
HCI Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.50%), Dimensional Fund Advisors LP (8.14%), LSV Asset Management (5.38%), Royce & Associates LP (2.20%), Northern Trust Corp (1.00%) and Geode Capital Management LLC (0.85%). Company insiders that own HCI Group stock include Andrew L Graham, George Apostolou, Gregory Politis, Harish M Patel, James J Macchiarola, James Mark Harmsworth, Paresh Patel and Robert Wayne Burks. View Institutional Ownership Trends for HCI Group.
Which major investors are selling HCI Group stock?
HCI stock was sold by a variety of institutional investors in the last quarter, including LSV Asset Management, Royce & Associates LP, Wedge Capital Management L L P NC, Victory Capital Management Inc., Dimensional Fund Advisors LP, Quinn Opportunity Partners LLC, Virginia Retirement Systems ET AL and Barclays PLC. View Insider Buying and Selling for HCI Group.
Which major investors are buying HCI Group stock?
HCI stock was bought by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, Chicago Equity Partners LLC, Canada Pension Plan Investment Board, Mackay Shields LLC, BlackRock Inc., Squarepoint Ops LLC, GSA Capital Partners LLP and Jane Street Group LLC. Company insiders that have bought HCI Group stock in the last two years include Andrew L Graham, George Apostolou, Gregory Politis, Harish M Patel, James J Macchiarola, James Mark Harmsworth, Paresh Patel and Robert Wayne Burks. 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 $47.59.
How big of a company is HCI Group?
HCI Group has a market capitalization of $436.69 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.
