Studies have shown that stocks with the best growth features consistently outperform the market. And for stocks that have a combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy), returns are even better. Here are three of the most important factors that make the stock of this property and casualty insurance holding company a great growth pick right now. Earnings Growth Investors seek growth stocks to capitalize on above-average growth in financials that help these securities gr ...

RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal. So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for ent ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the trad ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34126 HCI Group, Inc. (Exact name of registrant as specified in its charter) (State of Incorporation) Florida 20-5961396 (IRS Employer Identification No.) 3802 Coconut Palm ...

HCI Group (HCI) reported first-quarter 2024 earnings of $3.65 per share, which beat the Zacks Consensus Estimate by 33.2%. Quarterly earnings more than doubled year over year.The quarterly results reflected better performance at Homeowner Choice and TypTap Insurance Company, partially offset by a decrease in net investment income and higher expenses.Behind the HeadlinesGross premiums earned of $256.6 million increased 42.5% year over year. Quarterly results include $67 million of premium from the assumption ...

HCI Group, Inc. (NYSE:HCI) Q1 2024 Results Conference Call May 8, 2024 4:45 PM ET Company Participants Matt Glover - Gateway Group Inc. Karin Coleman - Chief Operating Officer Mark Harmsworth - Chief Financial Officer Paresh Patel - Chief Executive Officer Conference Call Participants Michael Phillips - Oppenheimer Mark Hughes - Truist Matt Carletti - Citizens JMP Operator Good afternoon, and welcome to HCI Group's First Quarter 2024 Earnings Call. My name is Kelly and I will be your conference operator. At ...

For the quarter ended March 2024, HCI Group (HCI) reported revenue of $206.61 million, up 60.1% over the same period last year. EPS came in at $3.65, compared to $1.50 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $189.17 million, representing a surprise of +9.22%. The company delivered an EPS surprise of +33.21%, with the consensus EPS estimate being $2.74.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

HCI Group (HCI) came out with quarterly earnings of $3.65 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.21%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $1.41 per share when it actually produced earnings of $3.22, delivering a surprise of 128.37%.Over th ...

Tampa, Fla. – May 8, 2024 – HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, reported pre-tax income of $77.4 million and net income of $57.0 million, or $3.81 diluted earnings per share, in the first quarter of 2024, compared with net income of $17.8 million, or $1.54 diluted earnings per share, in the first quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unrealized gains or loss ...

HCI Group (HCI) is set to report first-quarter 2024 earnings on May 8, after market close. This Florida-focused insurance company delivered an earnings surprise in each of the last four reported quarters.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.HCI’s first-quarter results are likely to benefit from solid performances across all its business units.Premiums are likely to have improved attributable to policies assumed from Citizen through TypTap, the addition ...