Analysts Offer Predictions for HCI Group FY2028 Earnings

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

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

A number of other research firms also recently commented on HCI. Zacks Research downgraded HCI Group from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Wall Street Zen downgraded shares of HCI Group from a “strong-buy” rating to a “hold” rating in a report on Monday, May 11th. Citizens Jmp increased their price objective on shares of HCI Group from $255.00 to $265.00 and gave the stock a “market outperform” rating in a research note on Friday, August 7th. Weiss Ratings cut shares of HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, Cantor Fitzgerald began coverage on shares of HCI Group in a report on Thursday, July 9th. They set an “overweight” rating and a $225.00 target price for the company. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $241.67.

HCI Group Trading Down 0.9%

Shares of NYSE:HCI opened at $182.65 on Tuesday. HCI Group has a 52-week low of $144.75 and a 52-week high of $210.50. The stock has a market cap of $2.27 billion, a price-to-earnings ratio of 7.87 and a beta of 1.04. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $176.39 and a 200-day moving average price of $164.17.

HCI Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, August 21st will be given 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 dividend payout ratio (DPR) is currently 6.90%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in HCI Group by 4.0% during the fourth quarter. Vanguard Group Inc. now owns 839,621 shares of the insurance provider’s stock valued at $160,947,000 after buying an additional 32,167 shares during the period. Intech Investment Management LLC increased its holdings in HCI Group by 934.5% in the fourth quarter. Intech Investment Management LLC now owns 44,257 shares of the insurance provider’s stock valued at $8,484,000 after buying an additional 39,979 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of HCI Group by 642.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 67,460 shares of the insurance provider’s stock worth $12,931,000 after acquiring an additional 58,377 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of HCI Group in the first quarter worth about $2,302,000. Finally, Precision Wealth Strategies LLC purchased a new stake in shares of HCI Group during the 1st quarter worth about $934,000. 86.99% of the stock is owned by institutional investors and hedge funds.

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.