Core Insights - HCI Group (HCI) is projected to announce a quarterly loss of $2.75 per share, reflecting a significant decline of 185.4% year over year [1] - Revenue estimates for HCI are expected to reach $163.88 million, which is a slight increase of 0.7% compared to the same quarter last year [1] - There have been no revisions in the consensus EPS estimate over the last 30 days, indicating stability in analysts' forecasts [1] Financial Metrics - Analysts estimate 'Net investment income' to be $14.26 million, representing a year-over-year increase of 37.9% [4] - 'Net premiums earned' are forecasted to reach $154.57 million, indicating a growth of 4% from the prior-year quarter [4] - The 'Loss Ratio' is predicted to be 99.1%, a significant increase from the previous year's figure of 30.4% [4] Stock Performance - Over the past month, HCI Group shares have declined by 4.1%, while the Zacks S&P 500 composite has decreased by 0.5% [5] - HCI Group holds a Zacks Rank of 3 (Hold), suggesting that its performance is expected to align with the overall market in the near term [5]

Company Overview - HCI Group's stock closed at $117.91, reflecting a decrease of 1.12% from the previous trading session, which is less than the S&P 500's daily loss of 0.43% [1] - The stock has experienced a decline of 5.03% over the past month, underperforming compared to the Finance sector's gain of 3.13% and the S&P 500's gain of 2.6% [1] Upcoming Financial Results - HCI Group is set to announce its earnings on February 27, 2025, with an anticipated EPS of -$2.75, indicating a significant decline of 185.4% compared to the same quarter last year [2] - The consensus estimate for revenue is projected at $163.88 million, which represents a slight increase of 0.74% compared to the year-ago quarter [2] Analyst Estimates and Market Sentiment - Recent changes to analyst estimates for HCI Group reflect shifting short-term business dynamics, with positive revisions indicating analysts' confidence in the company's performance and profit potential [3] - The Zacks Rank system, which evaluates estimate changes, suggests that these adjustments are linked to imminent stock price performance [4] Zacks Rank and Valuation - HCI Group currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] - The company has a Forward P/E ratio of 8.83, which is lower than the industry average Forward P/E of 10.99, indicating a valuation discount [6] Industry Context - HCI Group operates within the Insurance - Property and Casualty industry, which is part of the Finance sector and currently holds a Zacks Industry Rank of 64, placing it in the top 26% of over 250 industries [6][7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Group 1 - The article discusses the investment potential in the Property and Casualty (P&C) insurance market in Florida, highlighting American Coastal Insurance Corporation (ACIC) as a noteworthy candidate for investment [1] - The author has extensive experience in the logistics sector and stock investing, focusing on various markets including ASEAN and NYSE/NASDAQ, with a particular interest in banks, telecommunications, logistics, and hotels [1] - The author emphasizes the importance of portfolio diversification, having transitioned from investing solely in blue-chip companies to a broader range of industries and market capitalizations [1] Group 2 - The author has been trading in the US market since 2020, gaining insights through a trading account initially managed by a relative, which led to the decision to open a personal account [1] - The article indicates that the author has been utilizing analyses from Seeking Alpha to compare with their own research in the Philippine market, demonstrating a commitment to informed investment decisions [1]

Core Viewpoint - HCI Group, Inc. will hold a conference call on February 27, 2025, to discuss its financial results for the fourth quarter and the year ended December 31, 2024 [1][2]. Company Overview - HCI Group, Inc. operates in homeowners insurance, information technology services, real estate, and reinsurance, with subsidiaries engaged in complementary business activities [3][4]. - The leading insurance operation, TypTap Insurance Company, is a technology-driven homeowners insurance provider, utilizing insurance-related IT developed by HCI's software subsidiary, Exzeo USA, Inc. [3]. - HCI's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, primarily provides homeowners insurance in Florida [3]. - The real estate subsidiary, Greenleaf Capital, LLC, manages various properties in Florida, including office buildings, retail centers, and marinas [3]. Conference Call Details - The conference call is scheduled for February 27, 2025, at 4:45 p.m. Eastern time, with a question-and-answer session following the presentation [2]. - Interested parties can join the call via a toll-free number or through a webcast link on the company's website [2]. - A replay of the call will be available after 8:00 p.m. Eastern time on the same day [3].

Group 1 - HCI Group's stock closed at $121.75, with a +0.29% change, underperforming the S&P 500's daily gain of 1% [1] - Over the past month, HCI Group's shares have appreciated by 9.12%, outperforming the Finance sector's loss of 0.44% and the S&P 500's loss of 2.14% [1] Group 2 - HCI Group's upcoming earnings per share (EPS) are projected to be -$2.75, indicating a 185.4% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $163.88 million, which is a 0.74% increase from the year-ago period [2] Group 3 - Recent changes to analyst estimates for HCI Group reflect short-term business trends, with positive revisions indicating analyst optimism regarding the company's business and profitability [3] - The Zacks Rank system, which includes estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [4][5] Group 4 - HCI Group currently has a Zacks Rank of 3 (Hold), with a Forward P/E ratio of 8.99, which is a discount compared to the industry's average Forward P/E of 11.68 [5] Group 5 - The Insurance - Property and Casualty industry, part of the Finance sector, has a Zacks Industry Rank of 34, placing it in the top 14% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]

Core Viewpoint - HCI Group, Inc. has announced that its 4.75% Convertible Senior Notes Due 2042 became convertible by all holders starting January 1, 2025, due to the company's stock price exceeding the conversion price threshold [1][2]. Group 1: Convertible Notes Details - The Notes became convertible because HCI's closing share price was greater than 130% of the Conversion Price of $80.54 for 20 trading days during the last 30 trading days of the quarter ending December 31, 2024 [2]. - Holders wishing to convert their Notes into HCI common stock must provide a Notice of Conversion, with HCI planning to select Physical Settlement for conversions received by March 31, 2025, at a conversion ratio of approximately 12.4166 shares per $1,000 principal amount of Notes [3]. - HCI is considering a full redemption of the Notes on June 5, 2025, if certain conditions are met, including the stock price being at least 130% of the Conversion Price for 20 trading days within any 30 consecutive trading day period [4]. Group 2: Company Overview - HCI Group, Inc. operates in various sectors including homeowners insurance, information technology services, real estate, and reinsurance, with its leading insurance operation being TypTap Insurance Company [5]. - TypTap Insurance Company is a technology-driven homeowners insurance provider, leveraging insurance-related IT developed by HCI's software subsidiary, Exzeo USA, Inc. [5]. - HCI's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, primarily provides homeowners insurance in Florida, while its real estate subsidiary, Greenleaf Capital, LLC, manages multiple properties in Florida [5].

Core Viewpoint - HCI Group has an average brokerage recommendation (ABR) of 1.67, indicating a consensus between Strong Buy and Buy, with 66.7% of recommendations being Strong Buy [2][4]. Brokerage Recommendation Trends - The ABR is based on recommendations from six brokerage firms, with four firms rating it as Strong Buy [2]. - Despite the positive ABR, reliance solely on brokerage recommendations may not be advisable, as studies suggest they often fail to guide investors effectively [4][9]. Zacks Rank vs. ABR - The Zacks Rank, which is a proprietary stock rating tool, is based on earnings estimate revisions and is considered a more reliable indicator of near-term price performance compared to ABR [7][10]. - Zacks Rank is displayed in whole numbers (1 to 5) and is updated more frequently than ABR, which may not reflect the most current information [8][11]. Earnings Estimates for HCI Group - The Zacks Consensus Estimate for HCI Group's earnings for the current year remains unchanged at $7, suggesting stability in analysts' views [12]. - The unchanged consensus estimate has led to a Zacks Rank of 3 (Hold) for HCI Group, indicating a cautious approach despite the positive ABR [13].

Core Insights - HCI Group, Inc. reported its Q3 earnings, highlighting its performance during the challenging hurricane season in Florida [1] Financial Performance - The company’s earnings report is particularly relevant given the impact of the hurricane season on its operations [1]

HCI Group, Inc. (NYSE:HCI) Q3 2024 Earnings Conference Call November 7, 2024 4:45 PM ET Company Participants Matt Glover - Senior Managing Director-Gateway Investor Relations Karin Coleman - Chief Operating Officer Mark Harmsworth - Chief Financial Officer Paresh Patel - Chief Executive Officer Conference Call Participants Matt Carletti - Citizens JMP Mark Hughes - Truist Casey Alexander - Compass Point Michael Phillips - Oppenheimer Operator Good afternoon, and welcome to HCI Group's Third Quarter 2024 Ear ...

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 September 30, 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) Florida 20-5961396 (State of Incorporation)(IRS Employer Identification No.) 3802 Coconut Pa ...