Analysts Offer Predictions for HCI Group FY2028 Earnings

HCI Group, Inc. (NYSE:HCI) – Analysts at DOWLING & PARTN issued their FY2028 earnings estimates for HCI Group in a note issued to investors on Friday, August 14th. DOWLING & PARTN analyst N. Iacoviello forecasts that the insurance provider will earn $17.00 per share for the year. The consensus estimate for HCI Group’s current full-year earnings is $19.33 per share.

Several other equities analysts have also issued reports on HCI. Weiss Ratings lowered shares of HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Wall Street Zen lowered HCI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Zacks Research cut HCI Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Citizens Jmp increased their target price on HCI Group from $255.00 to $265.00 and gave the company a “market outperform” rating in a research report on Friday, August 7th. Finally, Citigroup reiterated a “market outperform” rating on shares of HCI Group in a report on Friday, August 7th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, HCI Group presently has an average rating of “Moderate Buy” and a consensus price target of $241.67.

HCI Group Trading Down 0.9%

NYSE:HCI opened at $182.65 on Tuesday. The firm has a 50-day simple moving average of $176.39 and a 200-day simple moving average of $164.17. HCI Group has a one year low of $144.75 and a one year high of $210.50. The firm has a market cap of $2.27 billion, a P/E ratio of 7.87 and a beta of 1.04. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.69 and a current ratio of 0.69.

HCI Group (NYSE:HCI) last issued its earnings results on Thursday, August 6th. The insurance provider reported $5.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.04 by $0.56. The company had revenue of $246.65 million for the quarter, compared to analysts’ expectations of $247.43 million. HCI Group had a net margin of 32.60% and a return on equity of 28.80%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HCI. Torren Management LLC acquired a new stake in HCI Group in the fourth quarter worth about $26,000. Transamerica Financial Advisors LLC raised its position in shares of HCI Group by 519.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 161 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 135 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of HCI Group by 557.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 217 shares of the insurance provider’s stock valued at $33,000 after purchasing an additional 184 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in HCI Group by 62.8% in the 4th quarter. Farther Finance Advisors LLC now owns 184 shares of the insurance provider’s stock worth $35,000 after purchasing an additional 71 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in HCI Group in the 1st quarter worth approximately $46,000. 86.99% of the stock is owned by institutional investors and hedge funds.

HCI Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date is Friday, August 21st. HCI Group’s payout ratio is 6.90%.

About HCI Group

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.