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
SymbolNYSE:HCI
CUSIP43741E10
Phone813-849-9500
Debt
Debt-to-Equity Ratio1.24
Current Ratio0.84
Quick Ratio0.84
Price-To-Earnings
Trailing P/E Ratio-55.23
Forward P/E Ratio10.65
P/E GrowthN/A
Sales & Book Value
Annual Sales$244.41 million
Price / Sales1.58
Cash Flow$0.3977 per share
Price / Cash104.16
Book Value$19.83 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)($0.75)
Net Income$-6,890,000.00
Net Margins-3.46%
Return on Equity-3.02%
Return on Assets-0.72%
Miscellaneous
Employees334
Outstanding Shares9,340,000
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 Tuesday, April 17th. Investors of record on Friday, May 18th will be given a dividend of $0.375 per share on Friday, June 15th. This represents a $1.50 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Thursday, May 17th. This is a boost from HCI Group's previous quarterly dividend of $0.35. View HCI Group's Dividend History.
How will HCI Group's stock buyback program work?
HCI Group declared that its board has authorized a stock buyback program on Thursday, December 7th 2017, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.
How were HCI Group's earnings last quarter?
HCI Group Inc (NYSE:HCI) announced its quarterly earnings results on Tuesday, May, 1st. The insurance provider reported $1.26 EPS for the quarter, topping the Zacks' consensus estimate of $1.01 by $0.25. The insurance provider earned $57.74 million during the quarter, compared to the consensus estimate of $60.44 million. HCI Group had a negative return on equity of 3.02% and a negative net margin of 3.46%. View HCI Group's Earnings History.
What price target have analysts set for HCI?
2 Wall Street analysts have issued 1 year price objectives for HCI Group's stock. Their forecasts range from $40.00 to $52.00. On average, they expect HCI Group's share price to reach $46.00 in the next twelve months. View Analyst Ratings for HCI Group.
Who are some of HCI Group's key competitors?
Some companies that are related to HCI Group include State Auto Financial (STFC), Third Point Reinsurance (TPRE), Employers (EIG), United Fire Group (UFCS), Safety Insurance Group (SAFT), Universal Insurance (UVE), James River Group (JRVR), Amerisafe (AMSF), Kinsale Capital Group (KNSL), United Insurance (UIHC), TCP Capital (TCPC), Maiden (MHLD), EMC Insurance Group (EMCI), Global Indemnity (GBLI) and Greenlight Capital Re (GLRE).
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. Andrew L. Graham, VP, Gen. Counsel & Company Sec. (Age 60)
- Mr. Richard Ralph Allen, Sr. VP, Fin. (Age 71)
- Mr. Anthony Saravanos, Director (Age 47)
- Mr. James Mark Harmsworth CPA, CFO & Principal Accounting Officer (Age 54)
Has HCI Group been receiving favorable news coverage?
Media stories about HCI stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. HCI Group earned a news impact score of 0.09 on Accern's scale. They also gave media headlines about the insurance provider an impact score of 45.67 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are HCI Group's major shareholders?
HCI Group's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.42%), Dimensional Fund Advisors LP (8.19%), LSV Asset Management (6.23%), Wasatch Advisors Inc. (3.07%), Foundry Partners LLC (2.17%) and JPMorgan Chase & Co. (1.02%). 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?
HCI stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, BlackRock Inc., O Shaughnessy Asset Management LLC, Seizert Capital Partners LLC, Victory Capital Management Inc., Wedge Capital Management L L P NC and Cubist Systematic Strategies LLC. View Insider Buying and Selling for HCI Group.
Which institutional investors are buying HCI Group stock?
HCI stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., JPMorgan Chase & Co., Barclays PLC, A.R.T. Advisors LLC, Susquehanna Fundamental Investments LLC, Virginia Retirement Systems ET AL, Schwab Charles Investment Management Inc. and GSA Capital Partners LLP. 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 $41.42.
How big of a company is HCI Group?
HCI Group has a market capitalization of $392.51 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.
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 (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.
