NYSE:HCIInsurance
HCI Group (HCI): Revisiting Valuation After Upgraded Earnings Outlook and Higher Zacks Rank
HCI Group (HCI) just picked up a more favorable Zacks Rank after analysts sharply raised their full year earnings forecasts, a shift in expectations that helps explain the stock’s strong year to date climb.
See our latest analysis for HCI Group.
The upgraded earnings outlook seems to be feeding into a powerful trend, with HCI’s share price climbing to $187.47 and delivering a roughly 64% year to date share price return, backed by a 3 year total shareholder return near 500%. This suggests that...