HCI Group (HCI) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this property and casualty insurance holding company have returned +11.1% over the past month versus the Zacks S&P 500 composite's +1.4% change. The Zacks Insurance - Property and Casualty industry, to which HCI Group belongs, has gained 0.4% over this period. Now the key question is: Where c ...

HCI Group (HCI) closed the most recent trading day at $113.40, moving +0.97% from the previous trading session. The stock's performance was ahead of the S&P 500's daily loss of 0.92%. At the same time, the Dow lost 0.96%, and the tech-heavy Nasdaq lost 1.6%.The property and casualty insurance holding company's shares have seen an increase of 4.56% over the last month, surpassing the Finance sector's loss of 4.92% and the S&P 500's gain of 2.68%.The investment community will be paying close attention to the ...

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 Citi ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.On top of the Zacks Rank, inv ...

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- ...

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' ...

HCI Group (HCI) closed the latest trading day at $111.65, indicating a +0.21% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.61%. On the other hand, the Dow registered a gain of 0.97%, and the technology-centric Nasdaq increased by 0.33%. The the stock of property and casualty insurance holding company has risen by 14.55% in the past month, leading the Finance sector's loss of 4.31% and the S&P 500's gain of 5.36%. The investment community will be paying close attenti ...

Group 1 - HCI Group is well-positioned to maintain its earnings-beat streak, having surpassed earnings estimates by an average of 25.40% in the last two quarters [1][3] - For the last reported quarter, HCI Group achieved earnings of $4.21 per share, exceeding the Zacks Consensus Estimate of $3.58 per share by 17.60% [2] - The previous quarter also saw HCI Group outperforming expectations, with actual earnings of $3.65 per share against an estimate of $2.74 per share, resulting in a surprise of 33.21% [2] Group 2 - There has been a favorable change in earnings estimates for HCI Group, with a positive Earnings ESP of +8.97%, indicating bullish sentiment among analysts regarding the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high likelihood of another earnings beat for HCI Group [6] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [4]

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about HCI Group (HCI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. HCI Group currently has an aver ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...