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
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 announced a quarterly dividend on Friday, January 18th. Investors of record on Friday, February 15th will be paid a dividend of $0.40 per share on Friday, March 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date is Thursday, February 14th. This is a positive change 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 declared that its board has approved a share buyback plan on Thursday, December 7th 2017, which allows the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.
How were HCI Group's earnings last quarter?
HCI Group Inc (NYSE:HCI) issued its quarterly earnings results on Tuesday, November, 6th. The insurance provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.41. The insurance provider earned $61.74 million during the quarter, compared to analyst estimates of $59.26 million. HCI Group had a return on equity of 21.65% and a net margin of 15.96%. 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 objectives for HCI Group's stock. Their predictions range from $50.00 to $50.00. On average, they expect HCI Group's share price to reach $50.00 in the next twelve months. This suggests a possible upside of 4.3% 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 headlines about HCI stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HCI Group earned a media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the insurance provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near term.
Who are some of HCI Group's key competitors?
Some companies that are related to HCI Group include Horace Mann Educators (HMN), State Auto Financial (STFC), Employers (EIG), United Fire Group (UFCS), Universal Insurance (UVE), Kinsale Capital Group (KNSL), Safety Insurance Group (SAFT), James River Group (JRVR), Amerisafe (AMSF), Third Point Reinsurance (TPRE), BlackRock TCP Capital (TCPC), United Insurance (UIHC), EMC Insurance Group (EMCI), Global Indemnity (GBLI) and Heritage Insurance (HRTG).
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 number of of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.15%), Nisa Investment Advisors LLC (0.11%), Sit Investment Associates Inc. (0.07%) and Eukles Asset Management (0.04%). 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 buying HCI Group stock?
HCI stock was acquired by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Eukles Asset Management, Assenagon Asset Management S.A. and Nisa Investment Advisors 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 $47.95.
How big of a company is HCI Group?
HCI Group has a market capitalization of $440.18 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.
