Here's Why HCI Group (HCI) Gained But Lagged the Market Today

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]