HCI Group
HCI

$98.26

1.28%

Market Cap: $1.03B

About: HCI Group Inc is engaged in the property and casualty insurance business through two Florida domiciled insurance companies, Homeowners Choice Property & Casualty Insurance Company (HCPCI) and TypTap Insurance Company (TypTap). Both HCPCI and TypTap are authorized to underwrite various homeowners' property and casualty insurance products and allied lines business in the state of Florida and other states. The operating segments of the group are HCPCI insurance operations, TypTap Group, Real estate operations, and Corporate and other. It derives key revenue from the HCPCI Insurance operation segment.

Employees: 578

Financials Fire, Marine & Casualty Insurance

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

85% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 47

14% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 36

3% more funds holding

Funds holding: 192 [Q1] → 197 (+5) [Q2]

0.8% more ownership

Funds ownership: 75.42% [Q1] → 76.21% (+0.8%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

16% less capital invested

Capital invested by funds: $874M [Q1] → $736M (-$138M) [Q2]

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$145

48%

upside

Avg. target

$145

48%

upside

High target

$145

48%

upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

JMP Securities

Matthew Carletti

76% 1-year accuracy

28 / 37 met price target

48%upside

$145

Market Outperform

Maintained

9 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about HCI published over the past 30 days

HCI Group: A Tech-Driven Home Run In Florida's Insurance Market

HCI Group Inc. is a Tampa-based holding company overseeing operations in homeowners insurance, reinsurance, real estate, and IT. HCI Group's strong financial performance includes beating earnings expectations, significant revenue growth, and improved underwriting results due to advanced technology. HCI Group is undervalued with significant upside potential, showing strong profitability and growth prospects despite risks tied to operations in hurricane-prone Florida.

HCI Group: A Tech-Driven Home Run In Florida's Insurance Market

Zacks Investment Research

HCI Group (HCI) Q2 Earnings, Revenues Top, Premiums Rise Y/Y

HCI Group (HCI) Q2 results reflect solid underwriting experience, better performance at Homeowner Choice and TypTap Insurance Company as well as an increase in net investment income.

HCI Group (HCI) Q2 Earnings, Revenues Top, Premiums Rise Y/Y

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20 stocks the bears can't easily short — and that's why you shouldn't buy them

HCI Group, Inc. (HCI) Q2 2024 Earnings Call Transcript

HCI Group, Inc. (NYSE:HCI ) Q2 2024 Earnings Conference Call August 8, 2024 4:45 PM ET Company Participants Matt Glover – Senior Managing Director-Gateway Investor Relations Karin Coleman – Chief Operating Officer Mark Harmsworth – Chief Financial Officer Paresh Patel – Chairman and Chief Executive Officer Conference Call Participants Michael Phillips – Oppenheimer Matt Carletti – Citizens JMP Mark Hughes – Truist Operator Good afternoon, and welcome to HCI Group's Second Quarter 2024 Earnings Call. My name is Ali, and I will be your conference operator.

HCI Group, Inc. (HCI) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Here's What Key Metrics Tell Us About HCI Group (HCI) Q2 Earnings

While the top- and bottom-line numbers for HCI Group (HCI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About HCI Group (HCI) Q2 Earnings

Zacks Investment Research

HCI Group (HCI) Beats Q2 Earnings and Revenue Estimates

HCI Group (HCI) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.58 per share. This compares to earnings of $1.22 per share a year ago.

HCI Group (HCI) Beats Q2 Earnings and Revenue Estimates

Zacks Investment Research

Wall Street Bulls Look Optimistic About HCI Group (HCI): Should You Buy?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Wall Street Bulls Look Optimistic About HCI Group (HCI): Should You Buy?

Zacks Investment Research

Here's What to Expect From HCI Group (HCI) in Q2 Earnings

HCI Group's (HCI) second-quarter results are likely to benefit from better performances across its business units.

Here's What to Expect From HCI Group (HCI) in Q2 Earnings

Zacks Investment Research

Curious about HCI Group (HCI) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Besides Wall Street's top -and-bottom-line estimates for HCI Group (HCI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Curious about HCI Group (HCI) Q2 Performance? Explore Wall Street Estimates for Key Metrics

Zacks Investment Research

HCI Group (HCI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HCI Group (HCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HCI Group (HCI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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