HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners insurance, flood insurance, and wind-only insurance to homeowners, condominium owners, and tenants, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centres, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, Harmony, and ClaimColony applications. 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.
IPO Year:
Exchange: NYSE
Website: hcigroup.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/21/2024 | $119.00 → $120.00 | Buy → Neutral | Compass Point |
| 3/8/2024 | Mkt Perform → Outperform | William Blair | |
| 11/16/2023 | $100.00 | Outperform | Oppenheimer |
| 8/11/2023 | Mkt Perform | William Blair | |
| 1/19/2023 | $56.00 | Buy | Compass Point |
4/A - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
SC 13G/A - HCI Group, Inc. (0001400810) (Subject)
SC 13G/A - HCI Group, Inc. (0001400810) (Subject)
SC 13G - HCI Group, Inc. (0001400810) (Subject)
SC 13G - HCI Group, Inc. (0001400810) (Subject)
SC 13D/A - HCI Group, Inc. (0001400810) (Subject)
SC 13D/A - HCI Group, Inc. (0001400810) (Subject)
SC 13G - HCI Group, Inc. (0001400810) (Subject)
SC 13G/A - HCI Group, Inc. (0001400810) (Subject)
SC 13G/A - HCI Group, Inc. (0001400810) (Subject)
SC 13D/A - HCI Group, Inc. (0001400810) (Subject)
10-Q - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
10-Q - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
10-Q - HCI Group, Inc. (0001400810) (Filer)
8-K - HCI Group, Inc. (0001400810) (Filer)
TAMPA, Fla., March 26, 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 its Annual Meeting of Shareholders on Tuesday, June 11, 2024, at 3:00 p.m. Eastern time in the 1st Floor Auditorium of HCI's headquarters at 3802 Coconut Palm Drive, Tampa, Florida. Shareholders of record at the close of business on Monday, April 15, 2024, will be entitled to vote and attend the meeting. Items of business will include the following proposals: To elect Class A DirectorsTo ratify the appointment of external auditorsTo approve, on an advisory basis, the compensation of
– Loreen Spencer and Susan Lattmann Join Board – – Robin Hensley Retires after 23 Years of Service – ST. PETERSBURG, FLA., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Superior Group of Companies, Inc. (NASDAQ:SGC), today announced the appointment of Loreen Spencer and Susan Lattmann to its Board of Directors, effective February 12, 2024. Spencer brings to SGC a wealth of audit, accounting, financial and governance expertise. Spencer is a Certified Public Accountant, and from 1987 until her retirement in 2016, was an Audit Partner for Deloitte & Touche LLP. Since 2017 she has served on the Board of Directors and the Audit & Risk Committee of Raymond James Bank, a banking subsidiary of Raymond J
TAMPA, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold its Annual Meeting of Shareholders on Thursday, June 8, 2023, at 3:00 p.m. Eastern time in the 1st Floor Auditorium of its headquarters at 3802 Coconut Palm Drive, Tampa, Florida. Shareholders of record at the close of business on Wednesday, April 12, 2023, will be entitled to vote and attend the meeting. Items of business will include the following proposals: To elect Class C DirectorsTo ratify the appointment of external auditorsTo approve, on an advisory basis, the compensation of
TAMPA, Fla., April 05, 2022 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold its Annual Meeting of Shareholders on Thursday, June 2, 2022, at 3:00 p.m. Eastern time in the 1st Floor Auditorium of our headquarters at 3802 Coconut Palm Drive, Tampa, Florida. Shareholders of record at the close of business on Tuesday, April 12, 2022, will be entitled to vote and attend the meeting. Items of business will include the following proposals: To elect Class B DirectorsTo ratify the appointment of external auditorsTo approve, on an advisory basis, the compensation of t
4 - HCI Group, Inc. (0001400810) (Issuer)
4 - HCI Group, Inc. (0001400810) (Issuer)
Pre-Tax Income of $14.1 millionDiluted EPS of $0.52 TAMPA, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $14.1 million and net income of $9.4 million in the third quarter of 2024. Net income after noncontrolling interests was $5.7 million compared with $13.2 million in the third quarter of 2023. Diluted earnings per share were $0.52 in the third quarter of 2024, compared with $1.34 diluted earnings per share, in the third quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unr
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. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance ope
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 management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information s
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. "Our policyholders have experienced three major catastrophe events over the past few months. We are responding to the needs of our policyholders and ensuring that their claims are handled quickly and efficiently," said HCI's Chairman and Chief Executive Officer Paresh Patel. "Across all three events, HCI expects to pay $600 to $750 million to our policyholders to help them rebuild their lives." Third Quar
Pre-Tax Income of $76 millionDiluted EPS of $4.24Gross Loss Ratio of 29.7% TAMPA, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $76.0 million and net income of $57.1 million in the second quarter of 2024. Net income after noncontrolling interests was $54.1 million compared with $12.4 million in the second quarter of 2023. Diluted earnings per share were $4.24 in the second quarter of 2024, compared with $1.28 diluted earnings per share, in the second quarter of 2023. Adjusted net income (a non-GAAP measure which exclude
TAMPA, Fla., July 11, 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, August 8, 2024, at 4:45 p.m. Eastern time to discuss results for the second quarter ended June 30, 2024. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information sec
TAMPA, Fla., July 08, 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 September 20, 2024 to shareholders of record at the close of business August 16, 2024. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance oper
First Quarter Pre-Tax Income of $77.4 millionFirst Quarter Diluted EPS of $3.81First Quarter Gross Loss Ratio of 31.1% TAMPA, Fla., May 08, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $77.4 million and net income of $57.0 million, or $3.81 diluted earnings per share, in the first quarter of 2024, compared with net income of $17.8 million, or $1.54 diluted earnings per share, in the first quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unrealized gains or losses on equity securities) for the first quarter
TAMPA, Fla., April 25, 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 June 21, 2024 to shareholders of record at the close of business May 17, 2024. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance operation,
TAMPA, Fla., April 11, 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 Wednesday, May 8, 2024, at 4:45 p.m. Eastern time to discuss results for the first quarter ended March 31, 2024. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section
Pre-Tax Income of $14.1 millionDiluted EPS of $0.52 TAMPA, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $14.1 million and net income of $9.4 million in the third quarter of 2024. Net income after noncontrolling interests was $5.7 million compared with $13.2 million in the third quarter of 2023. Diluted earnings per share were $0.52 in the third quarter of 2024, compared with $1.34 diluted earnings per share, in the third quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unr
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. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance ope
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. "We successfully navigated a highly competitive Citizens' depopulation process and exceeded our fourth quarter new business goal through the October assumption alone," said Paresh Patel, HCI's Chairman and Chief Executive Officer. "Our te
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 management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information s
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. "Our policyholders have experienced three major catastrophe events over the past few months. We are responding to the needs of our policyholders and ensuring that their claims are handled quickly and efficiently," said HCI's Chairman and Chief Executive Officer Paresh Patel. "Across all three events, HCI expects to pay $600 to $750 million to our policyholders to help them rebuild their lives." Third Quar
Pre-Tax Income of $76 millionDiluted EPS of $4.24Gross Loss Ratio of 29.7% TAMPA, Fla., Aug. 08, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $76.0 million and net income of $57.1 million in the second quarter of 2024. Net income after noncontrolling interests was $54.1 million compared with $12.4 million in the second quarter of 2023. Diluted earnings per share were $4.24 in the second quarter of 2024, compared with $1.28 diluted earnings per share, in the second quarter of 2023. Adjusted net income (a non-GAAP measure which exclude
NEWPORT BEACH, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- Gateway Group ("Gateway"), a leading financial communications and digital media advisory firm, today announced the initial sponsor list and latest presenting companies for its annual Gateway Conference taking place at the Four Seasons Hotel in San Francisco on September 4th and 5th. Conference SponsorshipThe Gateway Conference is sponsored by leading firms servicing the financial community. The event provides a rich environment for business development and an effective marketing platform to reach key corporate decision makers. Sponsorships are currently available in the Gold, Silver, and Bronze levels. For additional inform
TAMPA, Fla., July 11, 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, August 8, 2024, at 4:45 p.m. Eastern time to discuss results for the second quarter ended June 30, 2024. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information sec
TAMPA, Fla., July 08, 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 September 20, 2024 to shareholders of record at the close of business August 16, 2024. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance oper
TAMPA, Fla., May 30, 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 it has completed its catastrophe reinsurance programs for the 2024-2025 treaty year, which runs from June 1, 2024 through May 31, 2025. "We appreciate the broad support we received from our valued reinsurance partners," said Paresh Patel, HCI's chairman and chief executive officer. "HCI continues to maintain a conservative approach to its reinsurance placement. This includes securing additional limit this year to support the significant growth we have achieved over the past f
JMP Securities analyst Matthew Carletti maintains HCI Group (NYSE:HCI) with a Market Outperform and raises the price target from $120 to $135.
HCI Group (NYSE:HCI) reported quarterly earnings of $3.65 per share which beat the analyst consensus estimate of $2.80 by 30.36 percent. The company reported quarterly sales of $206.614 million which beat the analyst consensus estimate of $191.324 million by 7.99 percent. This is a 60.13 percent increase over sales of $129.029 million the same period last year.
JMP Securities analyst Matthew Carletti reiterates HCI Group (NYSE:HCI) with a Market Outperform and maintains $120 price target.
Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. HCI Group The Trade: HCI Group Inc (NYSE:HCI) CEO Paresh Patel acquired a total of 1,000 shares an average price of $114.90
Across the recent three months, 6 analysts have shared their insights on HCI Group (NYSE:HCI), expressing a variety of opinions spanning from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 0 0 0 Last 30D 0 1 0 0 0 1M Ago 2 2 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Analysts have set 12-month price targets for HCI Group, revealing an average target of $127.67, a high estimate of $140.00, and a low estimate of $112.00. Surpassing the previous average price tar
Oppenheimer analyst Michael Phillips maintains HCI Group (NYSE:HCI) with a Outperform and maintains $140 price target.
Oppenheimer analyst Michael Phillips reiterates HCI Group (NYSE:HCI) with a Outperform and maintains $140 price target.
Compass Point downgraded HCI Group from Buy to Neutral and set a new price target of $120.00 from $119.00 previously
William Blair upgraded HCI Group from Mkt Perform to Outperform
Oppenheimer initiated coverage of HCI Group with a rating of Outperform and set a new price target of $100.00
William Blair initiated coverage of HCI Group with a rating of Mkt Perform
Compass Point initiated coverage of HCI Group with a rating of Buy and set a new price target of $56.00
Truist reiterated coverage of HCI Group with a rating of and set a new price target of $88.00 from $60.00 previously
Truist Securities reiterated coverage of HCI Group with a rating of Buy and set a new price target of $88.00 from $60.00 previously
JMP Securities reiterated coverage of HCI Group with a rating of Outperform and set a new price target of $100.00 from $90.00 previously
JMP Securities reiterated coverage of HCI Group with a rating of and set a new price target of $90.00 from $60.00 previously