HCI Group (HCI) closed the latest trading day at $94.65, indicating a -0.97% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%. Heading into today, shares of the property and casualty insurance holding company had gained 2.31% over the past month, lagging the Finance sector's gain of 4.06% and the S&P 500's gain of 2.92% in that time. The upcoming earnings ...

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? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about HCI Group (HCI) . HCI Group currently has an average brokerage r ...

Chalirmpoj Pimpisarn/iStock via Getty Images Thesis HCI Group, Inc., (HCI) a Tampa-based holding company, oversees operations in homeowners insurance, reinsurance, real estate, and IT. They started out in 2006 as Homeowners Choice, Inc. In 2013, they switched things up and became HCI Group, Inc. to better show off their expanded business lineup. HCI has a large presence in property and casualty insurance through its largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., which pro ...

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 June 30, 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) Florida 20-5961396 (State of Incorporation)(IRS Employer Identification No.) 3802 Coconut Palm Dr ...

HCI Group (HCI) reported second-quarter 2024 earnings of $4.21 per share, which beat the Zacks Consensus Estimate by 17.6%. Quarterly earnings rose more than threefold year over year. The quarterly results reflected solid underwriting experience, better performance at Homeowner Choice and TypTap Insurance Company as well as an increase in net investment income, partially offset by higher expenses. Behind the Headlines Gross premiums earned of $263.6 million increased 44.9% year over year, driven primarily b ...

HCI Group, Inc. (NYSE:HCI) Q2 2024 Earnings Conference Call August 8, 2024 4:45 PM ET Company Participants Matt Glover – Senior Managing Director-Gateway Investor Relations Karin Coleman – Chief Operating Officer Mark Harmsworth – Chief Financial Officer Paresh Patel – Chairman and Chief Executive Officer Conference Call Participants Michael Phillips – Oppenheimer Matt Carletti – Citizens JMP Mark Hughes – Truist Operator Good afternoon, and welcome to HCI Group's Second Quarter 2024 Earnings Call. My name ...

HCI Group (HCI) reported $206.25 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 62%. EPS of $4.21 for the same period compares to $1.22 a year ago. The reported revenue represents a surprise of +4.87% over the Zacks Consensus Estimate of $196.67 million. With the consensus EPS estimate being $3.58, the EPS surprise was +17.60%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

HCI Group (HCI) came out with quarterly earnings of $4.21 per share, beating the Zacks Consensus Estimate of $3.58 per share. This compares to earnings of $1.22 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.60%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $2.74 per share when it actually produced earnings of $3.65, delivering a surprise of 33.21%. Over th ...

5th Annual Summit Features 7 Sessions with 17 Leading Storage Technology Partners and 30 speakers to Discuss Best Practices and New Developments in Storage for AI, CSP, HPC, HCI and many other Workloads SAN JOSE, Calif., Aug. 8, 2024 /PRNewswire/ -- On August 13, 2024, Supermicro (SMCI) will kick-off its annual Open Storage Summit featuring experts from Supermicro and leading technology companies NVIDIA, AMD, Intel, Nutanix, Micron, Kioxia, Western Digital, Seagate, DDN, VAST Data, WEKA, and many others, di ...

HCI Group (HCI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 8. On t ...