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.

Earnings data Q1 2021

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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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TAMPA, Fla., March  13, 2020  (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI), an InsurTech company with operations in insurance, software development and real estate, has authorized a program to repurchase up to $20 million of the company’s common shares through December 31, 2020, subject to market conditions.

HCI Group Board Authorizes $20 Million Stock Repurchase Program

HCI Group, Inc. (HCI) CEO Paresh Patel on Q4 2019 Results - Earnings Call Transcript

HCI Group (HCI) delivered earnings and revenue surprises of -16.48% and 6.59%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

HCI Group (HCI) Misses Q4 Earnings Estimates

TAMPA, Fla., Feb.  14, 2020  (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI) announced today that its wholly owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has entered into a definitive policy replacement agreement with Anchor Property & Casualty Insurance Company under which Anchor will cancel all its policies as of April 1, 2020 and Homeowners Choice will offer to those policyholders short-term replacement policies having substantially the same terms and rates as the cancelled policies and expiring the same dates the cancelled policies would have expired had they not been cancelled. Anchor’s policyholders will be under no obligation to accept the replacement policies. Anchor will retain liability for policyholder claims arising from events occurring on or before March 31, 2020. Upon expiration of the replacement policies, Homeowners Choice will offer renewals to the policyholders at its own rates and terms. The agreement contains no purchase price for the transition of business to Homeowners Choice, but to encourage a smooth transition, includes a payment based on the premium in force associated with the replacement polices remaining in force at June 1, 2020.

HCI Group Insurance Subsidiary Enters into Policy Replacement Agreement with Anchor Property & Casualty Insurance Company

TAMPA, Fla., Jan.  27, 2020  (GLOBE NEWSWIRE) -- The board of directors of  HCI Group, Inc.   (NYSE:HCI), an InsurTech company with operations in insurance, software development and real estate, has declared a regular quarterly cash dividend in the amount of 40 cents per common share for the first quarter of 2020. The dividend will be paid March 20, 2020 to shareholders of record on the close of business February 21, 2020.

HCI Group Declares Q1 2020 Quarterly Cash Dividend

TAMPA, Fla., Jan.  13, 2020  (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) announced today that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has reached a preliminary agreement to acquire all the insurance policies of Anchor Property & Casualty Insurance Company.

HCI Group Insurance Subsidiary Enters into Preliminary Agreement to Acquire Policies from Anchor Property & Casualty Insurance Company

TypTap Premium Growth Propelled by Homegrown Technology TypTap Premium Growth Propelled by Homegrown Technology

HCI Group InsurTech Subsidiary, TypTap Insurance Company, Surpasses $50 Million in Premium

HCI Group's (HCI) CEO Paresh Patel on Q3 2019 Results - Earnings Call Transcript

HCI Group (HCI) delivered earnings and revenue surprises of 11.67% and 4.51%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

HCI Group (HCI) Q3 Earnings and Revenues Top Estimates

TAMPA, Fla., Oct.  21, 2019  (GLOBE NEWSWIRE) -- The board of directors of  HCI Group, Inc.   (NYSE:HCI), an InsurTech company with operations in insurance, software development and real estate, has declared a regular quarterly cash dividend in the amount of 40 cents per common share for the fourth quarter of 2019. The dividend will be paid December 20, 2019 to shareholders of record on the close of business November 15, 2019.

HCI Group Declares Q4 2019 Quarterly Cash Dividend

TAMPA, Fla., Oct.  14, 2019  (GLOBE NEWSWIRE) --  HCI Group, Inc. (NYSE:HCI), an InsurTech company with operations in insurance, software development and real estate, will hold a conference call on Tuesday, November 5, 2019, at 4:45 p.m. Eastern time to discuss results for the third quarter ended September 30, 2019. Financial results will be issued in a press release after the close of the market on the same day.

HCI Group Sets Third Quarter 2019 Earnings Call for Tuesday, November 5, 2019 at 4:45 p.m. ET

TAMPA, Fla., Aug.  22, 2019  (GLOBE NEWSWIRE) --  HCI Group, Inc. (NYSE:HCI), an InsurTech insurance company with operations in insurance and software development as well as real estate, plans to participate in two financial conferences in September 2019.

HCI Group to Participate at the 8th Annual Gateway Conference and the 2019 KBW Insurance Conference in September 2019

HCI Group, Inc. (HCI) CEO Paresh Patel on Q2 2019 Results - Earnings Call Transcript

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.

Earnings Preview: HCI Group (HCI) Q2 Earnings Expected to Decline

HCI Group Inc. (HCI) CEO Paresh Patel on Q1 2019 Results - Earnings Call Transcript

HCI Group (HCI) delivered earnings and revenue surprises of -53.33% and 7.45%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

HCI Group (HCI) Misses Q1 Earnings Estimates

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does HCI Group (HCI) have what it takes?

Why HCI Group (HCI) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does HCI Group (HCI) have what it takes? Let's find out.

Why HCI Group (HCI) is a Top Dividend Stock for Your Portfolio

Stable premium growth, improved investment results and a sturdy capital position help HCI Group (HCI) raise investors' optimism on the stock. However, rising expenses are a persistent headwind. 

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