HCI Group, Inc. (NYSE:HCI – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $245.00.
Several research firms have commented on HCI. Weiss Ratings upgraded shares of HCI Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 11th. Wall Street Zen downgraded shares of HCI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Finally, Zacks Research cut HCI Group from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd.
View Our Latest Stock Report on HCI
Institutional Inflows and Outflows
HCI Group Stock Performance
NYSE:HCI opened at $182.30 on Friday. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 8.00 and a beta of 1.03. HCI Group has a 1 year low of $136.37 and a 1 year high of $210.50. The stock’s 50 day simple moving average is $160.53 and its two-hundred day simple moving average is $164.24. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.82 and a quick ratio of 0.82.
HCI Group (NYSE:HCI – Get Free Report) last posted its earnings results on Wednesday, May 6th. The insurance provider reported $5.45 EPS for the quarter, beating analysts’ consensus estimates of $5.26 by $0.19. HCI Group had a return on equity of 30.88% and a net margin of 32.64%.The firm had revenue of $242.88 million during the quarter, compared to the consensus estimate of $245.09 million. As a group, equities analysts anticipate that HCI Group will post 18.07 earnings per share for the current fiscal year.
HCI Group Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Friday, May 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. HCI Group’s payout ratio is currently 7.02%.
HCI Group Company Profile
HCI Group, Inc (NYSE: HCI) is a holding company whose principal business is the underwriting and issuance of property and casualty insurance through its insurance subsidiaries. Headquartered in Jacksonville, Florida, the company focuses primarily on personal-line insurance products, writing homeowners, condominium, renters and mobile home policies. HCI Group also offers wind-only and flood coverage in coastal regions across the state, providing tailored solutions to both coastal and non-coastal communities.
The company distributes its insurance products through a network of independent agents and brokers, leveraging local market expertise to assess risk and deliver personalized service.
See Also
- Five stocks we like better than HCI Group
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil JalapeƱo: An Early Step to Massive AI Growth Potential
Receive News & Ratings for HCI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCI Group and related companies with MarketBeat.com's FREE daily email newsletter.
