HCI - HCI Group Inc Stock Price, Fair Value and News

110.28USD+0.93 (+0.85%)Market Closed

Market Summary

USD110.28+0.93

Market Closed

0.85%

HCI Alerts

1 major insider buys and 5 major insider sales recently.

HCI Stock Price

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HCI RSI Chart

HCI Valuation

Market Cap

1.1B

Price/Earnings (Trailing)

13.93

Price/Sales (Trailing)

EV/EBITDA

4.19

Price/Free Cashflow

4.91

HCI Price/Sales (Trailing)

HCI Profitability

EBT Margin

21.36%

Return on Equity

24.16%

Return on Assets

4.36%

Free Cashflow Yield

20.37%

HCI Fundamentals

HCI Revenue

Revenue (TTM)

550.7M

Rev. Growth (Yr)

35.62%

Rev. Growth (Qtr)

23.57%

HCI Earnings

Earnings (TTM)

79.0M

Earnings Growth (Yr)

1.3K%

Earnings Growth (Qtr)

189.55%

Breaking Down HCI Revenue

Last 7 days

-4.9%

Last 30 days

-1.0%

Last 90 days

30.1%

Trailing 12 Months

122.4%

How does HCI drawdown profile look like?

HCI Financial Health

Debt/Equity

0.76

Debt/Cashflow

0.93

HCI Investor Care

Dividend Yield

1.45%

Dividend/Share (TTM)

1.6

Shares Dilution (1Y)

16.09%

Diluted EPS (TTM)

7.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	501.6M	503.0M	507.9M	550.7M
2022	440.1M	464.5M	491.9M	499.6M
2021	349.9M	370.7M	365.9M	407.9M
2020	237.2M	259.3M	303.4M	310.4M
2019	285.7M	258.4M	232.2M	242.5M
2018	262.5M	280.8M	319.5M	310.9M
2017	271.4M	277.5M	255.2M	244.4M
2016	374.3M	328.1M	294.0M	264.4M
2015	381.2M	397.7M	412.6M	423.1M
2014	348.5M	357.7M	365.4M	365.5M
2013	261.5M	289.6M	317.8M	337.1M
2012	167.4M	190.0M	211.3M	233.6M
2011	125.7M	131.7M	137.6M	143.6M
2010	0	0	0	119.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of HCI Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 11, 2024	patel paresh	bought	55,500	111	500	chief executive officer
Apr 09, 2024	patel paresh	bought	114,900	114	1,000	chief executive officer
Apr 08, 2024	saravanos anthony	sold	-2,437,550	116	-20,873	division president
Apr 05, 2024	saravanos anthony	sold	-363,400	115	-3,160	division president
Apr 04, 2024	graham andrew l.	sold	-329,609	116	-2,839	general counsel
Apr 03, 2024	graham andrew l.	sold	-27,266	116	-235	general counsel
Apr 03, 2024	graham andrew l.	sold	-3,394,110	117	-29,008	general counsel
Mar 28, 2024	madhu sanjay	sold	-3,480,090	115	-30,206	-
Mar 28, 2024	saravanos anthony	sold	-1,496,380	115	-13,000	division president
Mar 27, 2024	madhu sanjay	sold	-391,050	118	-3,294	-

Which funds bought or sold HCI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Range Financial Group LLC	added	34.83	464,097	1,050,990	0.55%
Apr 12, 2024	BALDWIN BROTHERS LLC/MA	reduced	-0.6	374,939	1,545,840	0.12%
Apr 10, 2024	Ridgewood Investments LLC	reduced	-0.39	306,398	1,254,830	0.66%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	unchanged	-	1,204	4,875	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	reduced	-39.83	-562,298	2,236,860	0.01%
Apr 05, 2024	GAMMA Investing LLC	added	20.45	4,413	12,304	-%
Apr 05, 2024	CWM, LLC	added	166	36,000	50,000	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-1.72	20,230	54,975	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	new	-	1,485,800	1,485,800	-%
Mar 11, 2024	VANGUARD GROUP INC	added	12.00	18,244,500	40,965,600	-%

Are Funds Buying or Selling HCI?

Are funds buying HCI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own HCI

No. of Funds

HCI Alerts

1 major insider buys and 5 major insider sales recently.

Unveiling HCI Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 15, 2024	centerbridge special credit partners iii-flex, l.p.	4.76%	498,918	SC 13D/A
Feb 14, 2024	hood river capital management llc	7.43%	712,048	SC 13G
Feb 13, 2024	vanguard group inc	4.81%	468,714	SC 13G/A
Feb 09, 2024	goldman sachs group inc	1.0%	95,680	SC 13G/A
Jan 24, 2024	centerbridge special credit partners iii-flex, l.p.	7.92%	738,750	SC 13D/A
Jan 24, 2024	blackrock inc.	10.5%	1,002,524	SC 13G/A
Jan 12, 2024	coastline square, llc	9.59%	29	SC 13G
Dec 27, 2023	patel paresh	13.9%	1,432,500	SC 13D/A
Feb 14, 2023	park west asset management llc	0.2%	14,353	SC 13G/A
Feb 09, 2023	vanguard group inc	5.90%	517,044	SC 13G/A

Recent SEC filings of HCI Group Inc

View All Filings

Date Filed	Form Type	Document
Apr 11, 2024	4	Insider Trading
Apr 10, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Apr 04, 2024	144	Notice of Insider Sale Intent
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading
Mar 28, 2024	4	Insider Trading

Peers (Alternatives to HCI Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.2B	1.59%	3149.83%	-4.8K	823.49	-25.27%	-3.53%
TRV	50.6B	41.4B	0.03%	31.25%	16.93	1.22	12.15%	5.24%
AJG	50.3B	10.1B	-8.31%	15.80%	51.87	5	17.79%	-12.97%
AIG	49.7B	46.8B	-4.23%	41.99%	13.65	1.06	-14.05%	-64.38%
AFL	46.3B	18.7B	-4.86%	21.24%	9.94	2.48	-2.30%	5.45%
ACGL	33.6B	13.6B	-2.29%	27.80%	7.56	2.46	41.83%	201.02%
AFG	10.6B	7.8B	-4.77%	5.07%	12.39	1.35	11.18%	-5.12%
MID-CAP
UNM	9.6B	12.4B	-4.15%	24.78%	7.45	0.77	3.35%	-8.77%
AIZ	9.0B	11.1B	-4.81%	48.51%	13.95	0.81	9.21%	132.28%
LNC	4.7B	11.6B	2.95%	33.00%	-6.29	0.41	-38.09%	-155.38%
AEL	4.4B	2.8B	-1.48%	49.05%	20.79	1.54	100.59%	-89.04%
SMALL-CAP
BRP	1.6B	1.2B	-7.10%	7.33%	-18.16	1.34	24.25%	-115.79%
AMSF	924.8M	306.9M	-4.35%	-6.68%	14.89	3.01	4.11%	11.70%
AMBC	647.2M	269.0M	-4.79%	-5.17%	143.82	2.41	-46.68%	-99.14%
AAME	43.7M	186.8M	-21.03%	-14.06%	-255.33	0.23	-0.56%	-111.21%

HCI Group Inc News

Latest updates

HCI Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	23.6%	163	132	127	129	120	127	126	127	112	99.00	102	95.00	70.00	104	81.00	55.00	63.00	60.00	59.00	61.00	53.00
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-206
EBITDA Margin	49.3%	0.24*	0.16*	0.00*	-0.07*	-0.11*	-0.12*	-0.01*	0.03*	0.05*	0.06*	0.14*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.2%	3.00	3.00	3.00	3.00	3.00	3.00	2.00	1.00	1.00	2.00	2.00	2.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	4.00	5.00
Income Taxes	199.8%	13.00	4.00	5.00	5.00	0.00	-12.10	-3.02	1.00	1.00	-1.64	1.00	3.00	0.00	6.00	3.00	0.00	2.00	2.00	3.00	3.00	-2.88
Earnings Before Taxes	169.6%	54.00	20.00	20.00	23.00	3.00	-63.60	-11.56	4.00	3.00	-6.50	5.00	10.00	3.00	22.00	12.00	1.00	9.00	8.00	10.00	9.00	-11.34
EBT Margin	63.8%	0.21*	0.13*	-0.03*	-0.10*	-0.14*	-0.14*	-0.02*	0.01*	0.03*	0.03*	0.11*	0.13*	-	-	-	-	-	-	-	-	-
Net Income	189.5%	38.00	13.00	12.00	15.00	3.00	-50.96	-9.98	1.00	1.00	-4.87	4.00	7.00	3.00	15.00	9.00	1.00	6.00	6.00	8.00	7.00	-8.47
Net Income Margin	67.2%	0.14*	0.09*	-0.04*	-0.09*	-0.11*	-0.12*	-0.03*	0.00*	0.02*	0.02*	0.08*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	120.5%	152	69.00	-94.46	98.00	17.00	-41.09	-38.09	55.00	47.00	-48.28	59.00	35.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.1%	1,811	1,724	1,727	1,771	1,803	2,145	1,281	1,175	1,177	1,076	1,080	1,017	941	888	888	836	803	843	752	733	833
Cash Equivalents	65.6%	536	324	294	302	235	356	360	569	629	569	626	553	14.00	411	422	317	18.00	215	217	178	42.00
Net PPE	1.7%	29.00	29.00	27.00	27.00	18.00	18.00	17.00	15.00	14.00	14.00	13.00	13.00	13.00	13.00	19.00	15.00	15.00	14.00	14.00	14.00	13.00
Liabilities	-2.9%	1,388	1,429	1,443	1,498	1,549	1,880	949	764	762	696	774	713	740	688	703	657	617	659	566	546	651
Shareholder's Equity	63.6%	327	200	189	180	163	173	240	322	325	293	218	218	201	200	185	179	186	184	186	187	181
Retained Earnings	17.0%	238	204	194	185	172	175	230	244	247	251	216	216	200	198	184	179	183	182	185	186	183
Additional Paid-In Capital	4025.7%	90.00	2.00	1.00	0.00	-	10.00	13.00	79.00	76.00	40.00	-	-	-	-	-	-	-	-	-	0.00	-
Shares Outstanding	13.4%	10.00	9.00	9.00	9.00	9.00	9.00	9.00	10.00	10.00	10.00	8.00	8.00	-	-	-	-	-	-	-	-	-
Minority Interest	107.9%	2.00	1.00	0.00	-0.40	-1.34	-1.06	1.00	1.00	1.00	1.00	1.00	0.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	487	-	-	-	657	-	-	-	287	-	-	-	264	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	114.8%	153,337	71,377	-93,165	99,109	18,249	-39,890	-35,720	57,349	47,832	-46,976	59,507	36,140	-219	-32,458	54,585	55,403	15,953	9,260	18,239	10,595	-854
Share Based Compensation	92.1%	3,535	1,840	1,867	2,106	2,398	4,130	4,242	4,337	4,525	2,732	4,155	2,342	2,111	2,162	2,019	1,841	1,766	1,746	1,489	1,459	1,358
Cashflow From Investing	36.9%	-21,445	-33,961	77,432	-17,757	-123,185	48,743	-250,196	-109,899	1,765	-2,718	18,664	19,141	9,415	47,805	62,072	23,923	5,948	-1,325	30,547	15,289	-5,246
Cashflow From Financing	1200.3%	80,869	-7,350	7,698	-14,100	-15,888	-13,312	77,595	-7,328	10,224	-7,461	-5,246	66,784	11,446	-25,465	-11,271	8,585	-7,285	-10,439	-9,631	-87,369	-3,557
Dividend Payments	-0.1%	3,424	3,426	3,437	3,432	3,459	3,606	4,045	4,123	4,122	3,338	3,736	2,869	3,186	3,193	3,143	3,172	3,183	3,248	3,268	3,313	2,947
Buy Backs	-100.0%	-	479	-479	305	3,139	67,705	-67,705	398	6.00	1,288	-1,288	20.00	209	12.00	1,309	17.00	-3,412	7,185	1,005	18.00	-2,868

HCI Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Gross premiums earned	$ 765,512	$ 724,716	$ 577,044
Premiums ceded	(269,627)	(261,144)	(199,741)
Net premiums earned	495,885	463,572	377,303
Net investment income	46,234	32,447	12,335
Net realized investment (losses) gains	(1,996)	(1,187)	6,472
Net unrealized investment gains (losses)	3,215	(7,153)	1,363
Policy fee income	4,704	4,279	3,995
Gain from remeasurement of contingent liabilities	0	3,117	0
Other	2,628	4,488	6,447
Total revenue	550,670	499,563	407,915
Expenses
Losses and loss adjustment expenses	254,579	371,463	227,525
Policy acquisition and other underwriting expenses	90,822	104,977	93,732
General and administrative personnel expenses	53,868	56,511	45,428
Interest expense	11,117	7,768	6,400
Impairment loss	0	2,284	0
Debt conversion expense	0	0	1,754
Other operating expenses	22,634	24,978	21,843
Total expenses	433,020	567,981	396,682
Income before income taxes	117,650	(68,418)	11,233
Income tax expense (benefit)	28,393	(13,815)	3,991
Net income (loss)	89,257	(54,603)	7,242
Net income attributable to redeemable noncontrolling interest (Note 21)	(9,370)	(9,106)	(7,399)
Net (income) loss attributable to noncontrolling interests	(853)	5,198	2,013
Net income (loss) after noncontrolling interests	$ 79,034	$ (58,511)	$ 1,856
Basic earnings (loss) per share	$ 9.13	$ (6.24)	$ 0.23
Diluted earnings (loss) per share	$ 7.62	$ (6.24)	$ 0.21

HCI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets

Fixed-maturity securities, available-for-sale, at fair value (amortized cost: $387,687 and $494,197, respectively and allowance for credit losses: $0 and $0, respectively)

$ 383,238

$ 483,901

Equity securities, at fair value (cost: $44,011 and $36,272, respectively)

45,537

34,583

Limited partnership investments

23,583

25,702

Investment in unconsolidated joint venture, at equity

Real estate investments

67,893

71,388

Total investments

520,251

615,592

Cash and cash equivalents

^[1]

536,478

234,863

Restricted cash

^[1]

3,287

2,900

Receivable from Maturities of Debt Securities

91,085

Accrued interest and dividends receivable

3,507

1,952

Income taxes receivable

2,807

Deferred income taxes, net

512

Premiums receivable, net (allowance: $3,581 and $5,362, respectively)

38,037

34,998

Assumed premiums receivable

19,954

Prepaid reinsurance premiums

86,232

66,627

Reinsurance recoverable, net of allowance for credit losses:

Paid losses and loss adjustment expenses (allowance: $0 and $0, respectively)

19,690

71,594

Unpaid losses and loss adjustment expenses (allowance: $118 and $454, respectively)

330,604

616,765

Deferred policy acquisition costs

42,910

45,522

Property and equipment, net

29,251

17,910

Right-of-use assets - operating leases

1,407

777

Intangible assets, net

7,659

10,578

Funds withheld for assumed business

30,087

48,772

Other assets

^[1]

50,365

31,671

Total assets

1,811,316

1,803,328

Liabilities and Equity

Losses and loss adjustment expenses

585,073

863,765

Unearned premiums

501,157

368,047

Advance premiums

15,895

18,587

Assumed premiums payable

850

Reinsurance payable on paid losses and loss adjustment expenses

3,145

8,606

Ceded reinsurance premiums payable

8,921

17,646

Accrued expenses

19,722

14,534

Income tax payable

7,702

Reinsurance recovered in advance on unpaid losses

19,863

Deferred income taxes, net

1,704

Long-term debt

208,495

211,687

Lease liabilities - operating leases

1,408

721

Other liabilities

35,623

23,361

Total liabilities

1,387,991

1,548,521

Commitments and contingencies (Note 23)

Redeemable noncontrolling interest (Note 19)

96,160

93,553

Equity:

Common stock (no par value, 40,000,000 shares authorized, 9,738,183 and 8,598,682 shares issued and outstanding in 2023 and 2022, respectively)

Additional paid-in capital

89,568

Retained income

238,438

172,482

Accumulated other comprehensive (loss) income, net of taxes

(3,163)

(9,886)

Total stockholders’ equity

324,843

162,596

Noncontrolling interests

2,322

(1,342)

Total equity

327,165

161,254

Total liabilities and stockholders' equity

$ 1,811,316

$ 1,803,328

[1]	See Note 16 for details of balances associated with variable interest entity.

About HCI Group Inc

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.

CEO	Mr. Pareshbhai Suryakant Patel
WEBSITE	https://hcigroup.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	578

HCI Group Inc Frequently Asked Questions

What is the ticker symbol for HCI Group Inc? What does HCI stand for in stocks?

HCI is the stock ticker symbol of HCI Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of HCI Group Inc (HCI)?

As of Mon Apr 15 2024, market cap of HCI Group Inc is 1.1 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HCI stock?

You can check HCI's fair value in chart for subscribers.

What is the fair value of HCI stock?

You can check HCI's fair value in chart for subscribers. The fair value of HCI Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of HCI Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HCI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is HCI Group Inc a good stock to buy?

The fair value guage provides a quick view whether HCI is over valued or under valued. Whether HCI Group Inc is cheap or expensive depends on the assumptions which impact HCI Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HCI.

What is HCI Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, HCI's PE ratio (Price to Earnings) is 13.93 and Price to Sales (PS) ratio is 2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HCI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on HCI Group Inc's stock?

In the past 10 years, HCI Group Inc has provided 0.149 (multiply by 100 for percentage) rate of return.