HCI Group (HCI) Soars 3.6%: Is Further Upside Left in the Stock?

Group 1 - HCI Group (HCI) shares increased by 3.6% to close at $145, driven by notable trading volume and a 0.5% gain over the past four weeks [1] - The company's growth is fueled by a growing homeowners business, acquisition of profitable books, proactive risk management, and deployment of excess capital into investments [1][3] - HCI formed the Condo Owners Reciprocal Exchange to write commercial and residential insurance in Florida, leveraging technology and industry knowledge for growth [2] Group 2 - HCI Group is expected to report quarterly earnings of$ 4.49 per share, reflecting a year-over-year increase of 23%, with revenues projected at $210.17 million, up 1.7% from the previous year [3] - The consensus EPS estimate for HCI has remained unchanged over the last 30 days, indicating that stock price movements may be correlated with earnings estimate revisions [4][5] - HCI Group holds a Zacks Rank of 1 (Strong Buy), while its industry peer, First American Financial (FAF), has a Zacks Rank of 3 (Hold) and experienced a 2.1% decline in the last trading session [5][6]