TAMPA, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that its insurance subsidiaries have successfully assumed over 42,000 policies from Citizens Property Insurance Corporation, Florida’s state-backed insurance company. The policies assumed represent approximately $200 million of in-force premium. “We successfully navigated a highly competitive Citi ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.On top of the Zacks Rank, inv ...

TAMPA, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold a conference call on Thursday, November 7, 2024, at 4:45 p.m. Eastern time to discuss results for the third quarter ended September 30, 2024. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question- ...

TAMPA, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today the estimated losses attributable to Hurricanes Debby, Helene, and Milton. "Our policyholders have experienced three major catastrophe events over the past few months. We are responding to the needs of our policyholders and ensuring that their claims are handled quickly and efficiently," said HCI' ...

HCI Group (HCI) closed the latest trading day at $111.65, indicating a +0.21% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.61%. On the other hand, the Dow registered a gain of 0.97%, and the technology-centric Nasdaq increased by 0.33%. The the stock of property and casualty insurance holding company has risen by 14.55% in the past month, leading the Finance sector's loss of 4.31% and the S&P 500's gain of 5.36%. The investment community will be paying close attenti ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering HCI Group (HCI) , which belongs to the Zacks Insurance - Property and Casualty industry. When looking at the last two reports, this property and casualty insurance holding company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 25.40%, on average, in the last two quarters. For the last reported quarter, HCI G ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about HCI Group (HCI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. HCI Group currently has an aver ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

Shares of HCI Group (HCI) have gained 11.7% over the past four weeks to close the last trading session at $107.06, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $137.25 indicates a potential upside of 28.2%. The mean estimate comprises four short-term price targets with a standard deviation of $9.14. While the lowest estimate of $124 indicates a 15.8% increase from the current ...

HCI Group (HCI) closed at $106.25 in the latest trading session, marking a -1.08% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%. Prior to today's trading, shares of the property and casualty insurance holding company had gained 13.18% over the past month. This has outpaced the Finance sector's gain of 1.52% and the S&P 500's gain of 1.95% in that time. The investment community will be clos ...