HCI Group

HCI Group, Inc. engages in the business of property and casualty insurance, reinsurance, real estate, and information technology. It operates through the following segments: Insurance Operations, Real Estate, and Corporate and Others. The Insurance Operations segment includes the property and casualty insurance division and reinsurance division. The Real Estate segment consists of commercial properties the firm owns for investment purposes or for use in its own operations. The Corporate and Others segment represents the activities of the holding companies, the information technology division, and other companies. The company was founded by Paresh Patel, Gregory Politis, and Martin A. Traber on November 30, 2006 and is headquartered in Tampa, FL.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

HCI Group reports improved Q4 earnings, eyes growth in Florida

HCI Group delivered a strong performance in Q4 2022, with improved net income and EPS driven by robust insurance division results. Despite facing challenges from legislative changes and increased loss reserves, the company remains optimistic about growth opportunities in the Florida market. HCI Group's strategic actions, including returning capital to shareholders and real estate market strength, position it well for future success.

HCI Group posts strong Q1 earnings, eyes growth opportunities

HCI Group delivered robust financial results in Q1 2023, driven by strong performance across its insurance and real estate divisions. The company's focus on underwriting actions, legislative reforms, and operational strategies has yielded positive outcomes, reflected in improved earnings and loss ratios.

HCI Group reports strong Q2 earnings, eyes growth opportunities

HCI Group's Q2 2023 earnings call reflects robust financial performance, marked by improved loss ratios and increased book value per share.
The company's strategic focus on depopulating Citizens, strengthening TypTap's profitability, and optimizing reinsurance bodes well for future growth.
While challenges like policy growth and market competition persist, HCI Group's strong performance and strategic initiatives position it well for future opportunities.
Overall, HCI Group's performance, strengths, and proactive approach to challenges indicate a promising outlook for sustained growth and profitability.

HCI Group posts robust Q3 earnings, eyes growth in insurance

HCI Group demonstrated strong financial performance and stability in Q3 2023, supported by growth in premiums and prudent investment strategies.
While facing challenges in a competitive market, HCI Group's strategic initiatives and dividend payments showcase its commitment to long-term value creation.
The company's focus on legislative reforms, new business ventures, and financial strength positions it well to capitalize on growth opportunities in the insurance sector.

HCI Group reports robust Q4 earnings, eyes growth opportunities

HCI Group's Q4 2023 performance showcased strong financial results, with growth in premiums, improved loss ratios, and strategic financial moves. Despite facing challenges in managing reserves and navigating capital transactions, the company's focus on growth and market opportunities presents a positive outlook for stakeholders.

HCI Group excels in Q1 2024, eyes expansion and tech-driven growth

HCI Group delivered strong financial results in Q1 2024, showcasing robust performance metrics and strategic initiatives. The company's focus on technology, dividend consistency, and premium growth highlights its resilience and potential for expansion. While facing challenges in evaluating growth avenues, HCI Group's solid balance sheet and operational improvements position it well for future opportunities.

HCI Group posts robust Q2 results, eyes growth amid challenges

HCI Group's Q2 2024 performance reflects financial strength, operational resilience, and strategic dividend payouts, underlining stability and growth potential.
While challenges like CAT losses and operational complexities exist, the company's focus on risk management and growth initiatives positions it well for the future.
Opportunities in technology, market expansion, and risk diversification offer HCI Group avenues for sustained growth and competitive advantage in the insurance sector.

HCI Group reports resilient Q3 earnings, plans carrier launch

HCI Group's Q3 performance reflects resilience and strategic growth, driven by strong financial results and policyholder additions.
While facing challenges from hurricanes and competitive pressures, HCI's commitment to stability and growth positions it well for the future.
Opportunities for expansion through new carrier launch and strategic risk selection underscore HCI's proactive approach to market dynamics.

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Pre-Tax Income of $20.3 million Gross Loss Ratio of 34% TAMPA, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) -- 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 $20.3 million and net income of $14.9 million, or $1.28 diluted earnings per share, in the second quarter of 2023, compared with net loss of $8.5 million, or $1.04 loss per share, in the second quarter of 2022.

HCI Group Reports Second Quarter 2023 Results

TAMPA, Fla., July 12, 2023 (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 Tuesday, August 8, 2023 at 4:45 p.m. Eastern time to discuss results for the second quarter ended June 30, 2023. Financial results will be issued in a press release the same day after the close of the market.

HCI Group Sets Second Quarter 2023 Earnings Call for Tuesday, August 8, 2023 at 4:45 p.m. ET

HCI Group (HCI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for HCI Group (HCI): Time to Buy?

The mean of analysts' price targets for HCI Group (HCI) points to a 39.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think HCI Group (HCI) Could Surge 39.16%: Read This Before Placing a Bet

The consensus price target hints at a 46.8% upside potential for HCI Group (HCI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe HCI Group (HCI) Could Rally 46.75%: Here's is How to Trade

TAMPA, Fla., May 19, 2023 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will participate in the Truist Securities Financial Services Conference in New York, NY on May 23, 2023.

HCI Group to Participate in the Truist Securities Financial Services Conference

The mean of analysts' price targets for HCI Group (HCI) points to a 41.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does HCI Group (HCI) Have the Potential to Rally 41.5% as Wall Street Analysts Expect?

HCI Group Inc. (NYSE:HCI ) Q1 2023 Results Conference Call May 9, 2023 4:45 PM ET Company Participants Matt Glover - Senior MD Karin Coleman - COO & Director James Harmsworth - CFO Pareshbhai Patel - Founder, Chairman, President & CEO Conference Call Participants Mark Hughes - Truist Matt Carletti - JMP Operator Good afternoon and welcome to HCI Group's First Quarter 2023 Earnings Call. My name is John, and I will be your conference operator.

HCI Group Inc. (HCI) Q1 2023 Earnings Call Transcript

Can HCI Group (HCI) Run Higher on Rising Earnings Estimates?

HCI Group (HCI) Q1 results reflect better performance at TypTap Insurance Company.

HCI Group (HCI) Q1 Earnings, Revenues Top Estimates, Rise Y/Y

HCI Group (HCI) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.34 per share a year ago.

HCI Group (HCI) Beats Q1 Earnings and Revenue Estimates

Pre-Tax Income of $23.1 million First Quarter Gross Loss Ratio Improved to 33.6% from 40.6% Greenleaf Sells Two Properties for a Gain of $8.9 Million

HCI Group Reports First Quarter 2023 Results

TAMPA, Fla., April 14, 2023 (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 Tuesday, May 9, 2023 at 4:45 p.m. Eastern time to discuss results for the first quarter ended March 31, 2023. Financial results will be issued in a press release the same day after the close of the market.

HCI Group Sets First Quarter 2023 Earnings Call for Tuesday, May 9, 2023 at 4:45 p.m. ET

HCI Group has reportedly ditched its planned spin-out IPO of its home insurance unit TypTap. The float, originally filed in November 2021, had been marked as a US$100mln placeholder though reports citing most recent regulatory filings claim that the listing plans have now been pulled.

HCI Group ditches TypTap spin-out IPO - reports

TAMPA, Fla., March 16, 2023 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will hold its Annual Meeting of Shareholders on Thursday, June 8, 2023, at 3:00 p.m. Eastern time in the 1st Floor Auditorium of its headquarters at 3802 Coconut Palm Drive, Tampa, Florida.

HCI Group Sets 2023 Annual Shareholders Meeting and Record Date

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HCI Group's (HCI) Q4 results reflect better performance at TypTap Insurance Company.

HCI Group (HCI) Q4 Earnings Beat Estimates, Revenues Lag

HCI Group, Inc. (NYSE:HCI ) Q4 2022 Results Conference Call March 9, 2023 4:45 PM ET Company Participants Matt Glover - Gateway IR Karin Coleman - COO Mark Harmsworth - CFO Paresh Patel - Chairman and CEO Conference Call Participants Mark Hughes - Truist Matt Carletti - JMP Casey Alexander - Compass Point Operator Good afternoon, and welcome to HCI Group's Fourth Quarter 2022 Earnings Call. My name is John, and I will be your conference operator.

HCI Group, Inc. (HCI) Q4 2022 Earnings Call Transcript

HCI Group (HCI) delivered earnings and revenue surprises of 116.67% and 2.73%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

HCI Group (HCI) Q4 Earnings Beat Estimates

Florida Passes Historic Tort Reforms Fourth Quarter Gross Loss Ratio Declined to 39.4%

HCI Group Reports Fourth Quarter and Full Year 2022 Results

TAMPA, Fla., Feb. 13, 2023 (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, March 9, 2023 at 4:45 p.m. Eastern time to discuss results for the fourth quarter and full year ended December 31, 2022. Financial results will be issued in a press release that same day after the close of the market.

HCI Group Sets Fourth Quarter and Full Year 2022 Earnings Call for Thursday, March 9, 2023 at 4:45 p.m. ET

TAMPA, Fla., Feb. 03, 2023 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, will present at the Bank of America Financial Services Conference in New York in February 2023.

HCI Group to Present at Bank of America 2023 Financial Services Conference

HCI Group, Inc. (NYSE:HCI ) Q3 2022 Earnings Conference Call November 8, 2022 4:45 PM ET Company Participants Matt Glover - Gateway Investor Relations Karin Coleman - Chief Operating Officer Mark Harmsworth - Chief Financial Officer Paresh Patel - Chairman and Chief Executive Officer Conference Call Participants Matt Carletti - JMP Mark Hughes - Truist Operator Good afternoon, and welcome to HCI Group's Third Quarter 2022 Earnings Call. My name is Paul, and I will be your conference operator.

HCI Group, Inc. (HCI) Q3 2022 - Earnings Call Transcript

HCI Group (HCI) delivered earnings and revenue surprises of 6.95% and 10.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

HCI Group (HCI) Reports Q3 Loss, Misses Revenue Estimates

Claims from Hurricane Ian Remain Consistent with Prior Disclosure Gross Premiums Earned Grew 21% Over Last Year Third Quarter Loss Ratio Declined to 41.4% Excluding Ian

News for HCI Group Stock (HCI)