HCI Group

HCI Group, Inc. engages in the business of property and casualty insurance, reinsurance, real estate, and information technology. It operates through the following segments: Insurance Operations, Real Estate, and Corporate and Others. The Insurance Operations segment includes the property and casualty insurance division and reinsurance division. The Real Estate segment consists of commercial properties the firm owns for investment purposes or for use in its own operations. The Corporate and Others segment represents the activities of the holding companies, the information technology division, and other companies. The company was founded by Paresh Patel, Gregory Politis, and Martin A. Traber on November 30, 2006 and is headquartered in Tampa, FL.

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HCI Group reports improved Q4 earnings, eyes growth in Florida

HCI Group delivered a strong performance in Q4 2022, with improved net income and EPS driven by robust insurance division results. Despite facing challenges from legislative changes and increased loss reserves, the company remains optimistic about growth opportunities in the Florida market. HCI Group's strategic actions, including returning capital to shareholders and real estate market strength, position it well for future success.

HCI Group posts strong Q1 earnings, eyes growth opportunities

HCI Group delivered robust financial results in Q1 2023, driven by strong performance across its insurance and real estate divisions. The company's focus on underwriting actions, legislative reforms, and operational strategies has yielded positive outcomes, reflected in improved earnings and loss ratios.

HCI Group reports strong Q2 earnings, eyes growth opportunities

HCI Group's Q2 2023 earnings call reflects robust financial performance, marked by improved loss ratios and increased book value per share.
The company's strategic focus on depopulating Citizens, strengthening TypTap's profitability, and optimizing reinsurance bodes well for future growth.
While challenges like policy growth and market competition persist, HCI Group's strong performance and strategic initiatives position it well for future opportunities.
Overall, HCI Group's performance, strengths, and proactive approach to challenges indicate a promising outlook for sustained growth and profitability.

HCI Group posts robust Q3 earnings, eyes growth in insurance

HCI Group demonstrated strong financial performance and stability in Q3 2023, supported by growth in premiums and prudent investment strategies.
While facing challenges in a competitive market, HCI Group's strategic initiatives and dividend payments showcase its commitment to long-term value creation.
The company's focus on legislative reforms, new business ventures, and financial strength positions it well to capitalize on growth opportunities in the insurance sector.

HCI Group reports robust Q4 earnings, eyes growth opportunities

HCI Group's Q4 2023 performance showcased strong financial results, with growth in premiums, improved loss ratios, and strategic financial moves. Despite facing challenges in managing reserves and navigating capital transactions, the company's focus on growth and market opportunities presents a positive outlook for stakeholders.

HCI Group excels in Q1 2024, eyes expansion and tech-driven growth

HCI Group delivered strong financial results in Q1 2024, showcasing robust performance metrics and strategic initiatives. The company's focus on technology, dividend consistency, and premium growth highlights its resilience and potential for expansion. While facing challenges in evaluating growth avenues, HCI Group's solid balance sheet and operational improvements position it well for future opportunities.

HCI Group posts robust Q2 results, eyes growth amid challenges

HCI Group's Q2 2024 performance reflects financial strength, operational resilience, and strategic dividend payouts, underlining stability and growth potential.
While challenges like CAT losses and operational complexities exist, the company's focus on risk management and growth initiatives positions it well for the future.
Opportunities in technology, market expansion, and risk diversification offer HCI Group avenues for sustained growth and competitive advantage in the insurance sector.

HCI Group reports resilient Q3 earnings, plans carrier launch

HCI Group's Q3 performance reflects resilience and strategic growth, driven by strong financial results and policyholder additions.
While facing challenges from hurricanes and competitive pressures, HCI's commitment to stability and growth positions it well for the future.
Opportunities for expansion through new carrier launch and strategic risk selection underscore HCI's proactive approach to market dynamics.

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HCI Group, Inc. reported strong Q3 growth in premiums despite hurricanes, but missed revenue and EPS consensus, leading to a 6% share price drop. The company has a solid balance sheet with $520m in cash and $185m in long-term debt, maintaining profitability despite increased hurricane-related expenses. Management expects higher expenses in Q4 due to Hurricane Milton but anticipates continued profitability and growth from adding 42,000 policyholders.

HCI Group Q3: Strong Operational Performance Even In A Tough Hurricane Season

HCI Group, Inc. (NYSE:HCI ) Q3 2024 Earnings Conference Call November 7, 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 - Chief Executive Officer Conference Call Participants Matt Carletti - Citizens JMP Mark Hughes - Truist Casey Alexander - Compass Point Michael Phillips - Oppenheimer Operator Good afternoon, and welcome to HCI Group's Third Quarter 2024 Earnings Call. My name is Paul, and I will be your conference operator.

HCI Group, Inc. (HCI) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for HCI Group (HCI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, HCI Group (HCI) Q3 Earnings: A Look at Key Metrics

HCI Group (HCI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.41 per share a year ago.

HCI Group (HCI) Q3 Earnings Top Estimates

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 September 2024.

Unveiling HCI Group (HCI) Q3 Outlook: Wall Street Estimates for Key Metrics

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.

Analysts Estimate HCI Group (HCI) to Report a Decline in Earnings: What to Look Out for

HCI Group (HCI) reachead $116.20 at the closing of the latest trading day, reflecting a -0.77% change compared to its last close.

HCI Group (HCI) Stock Sinks As Market Gains: Here's Why

TAMPA, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid December 20, 2024 to shareholders of record at the close of business November 15, 2024.

HCI Group Declares Quarterly Cash Dividend

Recently, Zacks.com users have been paying close attention to HCI Group (HCI). This makes it worthwhile to examine what the stock has in store.

HCI Group, Inc. (HCI) is Attracting Investor Attention: Here is What You Should Know

HCI Group (HCI) closed at $113.40 in the latest trading session, marking a +0.97% move from the prior day.

HCI Group (HCI) Advances While Market Declines: Some Information for Investors

TAMPA, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that its insurance subsidiaries have successfully assumed over 42,000 policies from Citizens Property Insurance Corporation, Florida's state-backed insurance company. The policies assumed represent approximately $200 million of in-force premium.

HCI Group Assumes Over 42,000 Policies from Citizens, Representing Approximately $200 Million in Premium

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is HCI Group (HCI) Stock Undervalued Right Now?

TAMPA, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold a conference call on Thursday, November 7, 2024, at 4:45 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. Financial results will be issued in a press release the same day after the close of the market.

HCI Group Sets Third Quarter 2024 Earnings Call for Thursday, November 7, 2024, at 4:45 p.m. ET

TAMPA, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today the estimated losses attributable to Hurricanes Debby, Helene, and Milton.

HCI Group Provides Hurricane Season Update

HCI Group, Inc. (HCI) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, HCI's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.

After Golden Cross, HCI Group (HCI)'s Technical Outlook is Bright

In the most recent trading session, HCI Group (HCI) closed at $111.65, indicating a +0.21% shift from the previous trading day.

HCI Group (HCI) Increases Yet Falls Behind Market: What Investors Need to Know

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HCI Group (HCI) closed the most recent trading day at $97.25, moving +1.86% from the previous trading session.

HCI Group (HCI) Beats Stock Market Upswing: What Investors Need to Know

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HCI Group (HCI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for HCI Group Stock (HCI)