HCI Group (HCI) Surpasses Market Returns: Some Facts Worth Knowing

Core Viewpoint - HCI Group is experiencing significant stock performance and is expected to report strong earnings growth in the upcoming earnings disclosure Group 1: Stock Performance - HCI Group closed at $191.93, reflecting a +2.74% increase from the previous day, outperforming the S&P 500's gain of 0.41% [1] - Over the past month, HCI Group's shares have appreciated by 12.06%, significantly exceeding the Finance sector's gain of 1.64% and the S&P 500's gain of 3.15% [1] Group 2: Earnings Expectations - The anticipated EPS for HCI Group is $1.64, representing a remarkable 248.94% increase compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $224.86 million, which is up 28.26% from the year-ago period [2] Group 3: Annual Performance Projections - For the annual period, earnings are projected at $16.32 per share, indicating a +120.24% change from the previous year [3] - Revenue for the annual period is expected to be $891.62 million, reflecting an +18.87% increase from last year [3] Group 4: Analyst Estimates and Outlook - Recent modifications to analyst estimates for HCI Group suggest a favorable outlook on the company's business health and profitability [4] - Adjustments in estimates are correlated with imminent stock price performance, indicating potential investment opportunities [5] Group 5: Zacks Rank and Valuation - HCI Group currently holds a Zacks Rank of 2 (Buy), with a strong historical performance of 1 ranked stocks yielding an average annual return of +25% since 1988 [6] - The Forward P/E ratio for HCI Group is 11.45, which aligns with the industry average [7] - The Insurance - Property and Casualty industry, part of the Finance sector, is ranked 32 in the Zacks Industry Rank, placing it in the top 13% of over 250 industries [7]