Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The property and casualty insurance holding company's stock has dropped by 9.16% in the past month, falling short of the Finance sector's loss of 2.67% and the S&P 500's gain of 4.28%. HCI's full-year Zacks Consensus ...

Date: Thursday, August 8, 2024 Time: 4:45 p.m. Eastern time (1:45 p.m. Pacific time) Toll Free: 888-506-0062 International: 973-528-0011 Participant Access Code: 357144 Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section of the company's website at www.hcigroup.com. A replay of the call will be available after 8:00 p.m. Eastern time on the same day as the call and via the Investor Informa ...

Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section of the company's website at www.hcigroup.com. Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 50883 Company Contact: Bill Broomall, CFA Investor Relations HCI Group, Inc. Tel (813) 776-1012 wbroomall@typtap.com TAMPA, Fla., July 11, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operatio ...

For the full year, the Zacks Consensus Estimates project earnings of $11.68 per share and a revenue of $775.98 million, demonstrating changes of +57.62% and +40.91%, respectively, from the preceding year. In terms of valuation, HCI Group is presently being traded at a Forward P/E ratio of 7.32. This denotes a discount relative to the industry's average Forward P/E of 12.59. Analysts and investors alike will be keeping a close eye on the performance of HCI Group in its upcoming earnings disclosure. The compa ...

About HCI Group, Inc. TAMPA, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 20, 2024 to shareholders of record at the close of business August 16, 2024. The company's common shares trade on the New York S ...

TAMPA, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 20, 2024 to shareholders of record at the close of business August 16, 2024. About HCI Group, Inc. HCI Group, Inc. owns subsidiaries engaged in divers ...

Price hikes, operational strength, higher retention, strong renewal and the appointment of retail agents should help write higher premiums. Per Deloitte Insights, gross premiums are estimated to increase sixfold to $722 billion by 2030. Per Fitch Ratings, personal auto is likely to deliver a better performance this year. RLI Corp. (RLI) is one of the industry's most profitable property and casualty writers with an impressive track record of underwriting profits. A strong local branch office network, a broad ...

HCI Group (HCI) ended the recent trading session at $92.11, demonstrating a -0.46% swing from the preceding day's closing price. This change lagged the S&P 500's 0.25% loss on the day. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%. The Insurance - Property and Casualty industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 27, placing it within the top 11% of over 250 industries. The Zacks Industry Rank gauges the str ...

On the other hand, Jackson Financial belongs to the Financial - Miscellaneous Services industry. This 72-stock industry is currently ranked #142. The industry has moved -2.8% year to date. According to our latest data, HCI has moved about 9.7% on a year-to-date basis. In comparison, Finance companies have returned an average of 2.6%. As we can see, HCI Group is performing better than its sector in the calendar year. Investors interested in Finance stocks should always be looking to find the best-performing ...

Better pricing, prudent underwriting and exposure growth have helped the insurance industry perform well. Redesigning and repricing of products and services to maintain sales and profitability, increased automation, prudent underwriting standards, and an improving rate environment are expected to drive premium growth and boost the industry's efficiency. Driving Forces Colorado State University (CSU) estimates an active hurricane season this year, about 170% of the average season. Swiss Re estimates the comb ...