Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? 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 average broker ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. HCI Group (HCI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year- to-date performance to find out. One other Finance stock that has outperformed the sector so far this year is Jackson Financial (JXN) . The stock is up 49.5% year-to-date. For J ...

Estimates for its 2024 bottom line have jumped over the past 30 days by 3% and suggest an 89.9% increase from the year-ago reported number. Progressive has a Growth Score of A. The expected long-term earnings growth is pegged at 22.5%, better than the industry average of 10%. Colorado State University (CSU) estimates an active hurricane season this year. The latest report published by CSU states that the 2024 hurricane season may have 23 named storms, including 11 hurricanes and five major hurricanes and be ...

Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. Here are three of the most important factors that make the stock of this property and casualty insurance holding company a great growth pick right now. Earnings Growth Investors seek growth stocks to capitalize on above-average growth in financials that help these securities gr ...

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal. So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for ent ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34126 HCI Group, Inc. (Exact name of registrant as specified in its charter) (State of Incorporation) Florida 20-5961396 (IRS Employer Identification No.) 3802 Coconut Palm ...

HCI Group (HCI) reported first-quarter 2024 earnings of $3.65 per share, which beat the Zacks Consensus Estimate by 33.2%. Quarterly earnings more than doubled year over year.The quarterly results reflected better performance at Homeowner Choice and TypTap Insurance Company, partially offset by a decrease in net investment income and higher expenses.Behind the HeadlinesGross premiums earned of $256.6 million increased 42.5% year over year. Quarterly results include $67 million of premium from the assumption ...

For the quarter ended March 2024, HCI Group (HCI) reported revenue of $206.61 million, up 60.1% over the same period last year. EPS came in at $3.65, compared to $1.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $189.17 million, representing a surprise of +9.22%. The company delivered an EPS surprise of +33.21%, with the consensus EPS estimate being $2.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

HCI Group (HCI) came out with quarterly earnings of $3.65 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.21%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $1.41 per share when it actually produced earnings of $3.22, delivering a surprise of 128.37%.Over th ...