HCI Group, Inc. (NYSE:HCI – Get Free Report)’s share price reached a new 52-week high on Thursday following a stronger than expected earnings report. The company traded as high as $208.80 and last traded at $202.5230, with a volume of 33,061 shares traded. The stock had previously closed at $202.53.
The insurance provider reported $6.45 EPS for the quarter, beating the consensus estimate of $4.96 by $1.49. The business had revenue of $244.91 million during the quarter, compared to analyst estimates of $247.75 million. HCI Group had a return on equity of 28.80% and a net margin of 32.60%.
HCI Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, November 20th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, November 20th. This represents a $1.60 annualized dividend and a yield of 0.8%. HCI Group’s payout ratio is 6.90%.
Key HCI Group News
Here are the key news stories impacting HCI Group this week:
- Positive Sentiment: HCI reported Q3 diluted EPS of $6.45, topping analyst estimates of about $4.96–$5.01 and rising from $4.90 a year earlier. Net income increased to $86 million from $68 million, while the gross loss ratio was 20.7%. HCI Group Reports Third Quarter 2026 Results
- Positive Sentiment: Gross written premiums rose 12%, indicating growth in the insurance business and reinforcing the strong earnings report. HCI posts Q3 earnings beat as gross written premiums rise 12%
- Positive Sentiment: Citizens JMP raised its price target from $265 to $280 and maintained a “market outperform” rating, signaling continued analyst optimism. Tickerreport coverage of Citizens JMP price target
- Negative Sentiment: Quarterly revenue of $244.91 million was below analysts’ roughly $247.75 million estimate, tempering the EPS beat. HCI Group reports sales below analyst estimates
- Negative Sentiment: HCI outlined an estimated $15 million net loss from Isaias for Q4, which could weigh on near-term results. HCI outlines Q4 Isaias loss
Analysts Set New Price Targets
Several research analysts have recently issued reports on HCI shares. Weiss Ratings downgraded shares of HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Zacks Research raised shares of HCI Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 5th. Citigroup restated a “market outperform” rating on shares of HCI Group in a report on Thursday. Citizens Jmp upped their price objective on HCI Group from $265.00 to $280.00 and gave the company a “market outperform” rating in a research report on Thursday. Finally, Truist Financial set a $235.00 target price on HCI Group in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, HCI Group presently has a consensus rating of “Buy” and an average price target of $246.67.
Check Out Our Latest Research Report on HCI Group
Hedge Funds Weigh In On HCI Group
Several hedge funds and other institutional investors have recently bought and sold shares of HCI. Gen Wealth Partners Inc bought a new stake in shares of HCI Group in the third quarter worth approximately $34,000. Allspring Global Investments Holdings LLC lifted its position in HCI Group by 60.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 234,086 shares of the insurance provider’s stock valued at $42,461,000 after purchasing an additional 88,553 shares during the period. Alps Advisors Inc. lifted its position in HCI Group by 3.8% during the third quarter. Alps Advisors Inc. now owns 3,112 shares of the insurance provider’s stock valued at $541,000 after purchasing an additional 114 shares during the period. Kestra Advisory Services LLC purchased a new stake in HCI Group in the third quarter worth approximately $205,000. Finally, Commonwealth Equity Services LLC purchased a new stake in HCI Group in the third quarter worth approximately $215,000. Institutional investors own 86.99% of the company’s stock.
HCI Group Stock Performance
The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69. The firm has a market cap of $2.52 billion, a P/E ratio of 8.75 and a beta of 0.96. The business’s 50-day simple moving average is $190.15 and its 200 day simple moving average is $171.28.
About HCI Group
HCI Group, Inc is a Florida-based holding company focused primarily on property and casualty insurance. Through its insurance subsidiaries, the company provides residential property insurance products, including homeowners, condominium, renters and dwelling coverage, designed to protect policyholders against risks such as wind, fire, theft and other covered losses.
HCI’s insurance operations have historically been concentrated in Florida, one of the largest and most challenging residential property-insurance markets in the United States.
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