HCI Group (HCI) reported $175.32 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 33.2%. EPS of $0.47 for the same period compares to $1.41 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $192.08 million, representing a surprise of -8.73%. The company delivered an EPS surprise of +20.51%, with the consensus EPS estimate being $0.39.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

HCI Group (HCI) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.51%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $3.58 per share when it actually produced earnings of $4.21, delivering a surprise of 17.60%.Over the ...

Exhibit 99.1 HCI Group Reports Third Quarter 2024 Results Pre-Tax Income of $14.1 million Diluted EPS of $0.52 Tampa, Fla. – November 7, 2024 – HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $14.1 million and net income of $9.4 million in the third quarter of 2024. Net income after noncontrolling interests was $5.7 million compared with $13.2 million in the third quarter of 2023. ...

HCI Group (HCI) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on November 7, 2024, might help the stock move higher if these key numbers are better than e ...

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' ...