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 ...

Shares of HCI Group (HCI) have gained 11.7% over the past four weeks to close the last trading session at $107.06, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $137.25 indicates a potential upside of 28.2%. The mean estimate comprises four short-term price targets with a standard deviation of $9.14. While the lowest estimate of $124 indicates a 15.8% increase from the current ...

Group 1 - HCI Group closed at $106.25, reflecting a -1.08% change from the previous day, underperforming the S&P 500 which lost 0.19% [1] - Over the past month, HCI Group's shares increased by 13.18%, significantly outperforming the Finance sector's gain of 1.52% and the S&P 500's gain of 1.95% [1] Group 2 - The upcoming earnings report for HCI Group is anticipated to show an EPS of $1.51, indicating a growth of 7.09% year-over-year, with projected net sales of $194.46 million, up 47.72% from the previous year [2] - For the entire fiscal year, earnings are projected at $12.37 per share and revenue at $788.65 million, representing increases of +66.94% and +43.22% respectively from the prior year [3] Group 3 - Recent changes to analyst estimates for HCI Group are being monitored, as upward revisions indicate analysts' positive outlook on the company's operations and profit generation capabilities [4] - The Zacks Rank system, which evaluates estimate changes, has HCI Group currently rated at 3 (Hold), with no changes in the consensus EPS estimate over the past month [6] Group 4 - HCI Group's Forward P/E ratio is 8.68, which is lower than the industry's average Forward P/E of 13.72, indicating a valuation discount [7] - The Insurance - Property and Casualty industry, to which HCI Group belongs, has a Zacks Industry Rank of 19, placing it in the top 8% of over 250 industries [7][8]

HCI Group (HCI) closed the latest trading day at $94.65, indicating a -0.97% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%. Heading into today, shares of the property and casualty insurance holding company had gained 2.31% over the past month, lagging the Finance sector's gain of 4.06% and the S&P 500's gain of 2.92% in that time. The upcoming earnings ...

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? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about HCI Group (HCI) . HCI Group currently has an average brokerage r ...