Board Change • May 20
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Independent Director Peter Politis was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 25
HCI Group, Inc. Declares A Regular Quarterly Cash Dividend, Payable on June 18, 2026 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 18, 2026 to shareholders of record at the close of business May 15, 2026. Announcement • Apr 22
HCI Group, Inc., Annual General Meeting, Jun 10, 2026 HCI Group, Inc., Annual General Meeting, Jun 10, 2026. Location: 1st floor auditorium of hci`s headquarters, 3802 coconut palm drive, tampa, florida United States Announcement • Apr 14
HCI Group, Inc. to Report Q1, 2026 Results on May 06, 2026 HCI Group, Inc. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on May 06, 2026 Announcement • Mar 05
HCI Group, Inc. (NYSE:HCI) announces an Equity Buyback for $80 million worth of its shares. HCI Group, Inc. (NYSE:HCI) announces a share repurchase program. Under the program, the company will repurchase up to $80 million worth of its common shares. The repurchase program will expire on one year. Announcement • Feb 05
HCI Group, Inc. to Report Q4, 2025 Results on Feb 25, 2026 HCI Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Announcement • Jan 17
HCI Group, Inc. Declares A Regular Quarterly Cash Dividend on Common Share, Payable on March 20, 2026 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid March 20, 2026 to shareholders of record at the close of business February 20, 2026. Announcement • Oct 27
HCI Group, Inc. to Report Q3, 2025 Results on Nov 06, 2025 HCI Group, Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Announcement • Oct 23
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on December 19, 2025 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid December 19, 2025 to shareholders of record at the close of business November 21, 2025. Announcement • Jul 15
HCI Group, Inc. to Report Q2, 2025 Results on Aug 07, 2025 HCI Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Announcement • Jul 03
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on September 19, 2025 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 19, 2025 to shareholders of record at the close of business August 15, 2025. Announcement • Apr 25
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on June 20, 2025 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 20, 2025 to shareholders of record at the close of business May 16, 2025. Announcement • Apr 23
HCI Group, Inc. to Report Q1, 2025 Results on May 08, 2025 HCI Group, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Announcement • Apr 22
HCI Group, Inc., Annual General Meeting, Jun 10, 2025 HCI Group, Inc., Annual General Meeting, Jun 10, 2025. Location: 1st floor auditorium of hci`s headquarters, at 3802 coconut palm drive, florida, tampa United States Announcement • Apr 11
HCI Group, Inc. Announces Lauren Valiente Not Seeking Reelection to Board of Directors HCI Group, Inc. announced that on April 9, 2025, the director, Lauren Valiente, notified in writing the chairman of the board of directors that she will not seek reelection to the board of directors. Announcement • Mar 05
HCI Group, Inc. Announces A Streamlined Organizational Structure to Better Align the Long-Term Potential of the Company HCI Group, Inc. announced a streamlined organizational structure to better align the long-term potential of the company. HCI will be organized into two distinct operating units, with each unit having defined management teams and operational objectives. The company's first operating unit comprises four insurance companies: Homeowners Choice Property & Casualty Insurance Company, TypTap Insurance Company, Condo Owners Reciprocal Exchange, and Tailrow Insurance Exchange. Additionally, this unit includes Griston, HCI’s claims management division; Claddaugh, HCI’s wholly owned reinsurer; and Greenleaf Capital, HCI’s real estate division. The second operating unit includes market-leading technology platform, supported by the company’s technology and data analytics teams. This unit will focus on being a leading innovator of end-to-end technology powered solutions for the property and casualty insurance industry. Formerly known as TypTap Insurance Group this unit is now called Exzeo Group Inc., which HCI believes better reflects the unit’s technology focus. Announcement • Feb 05
HCI Group, Inc Declares Quarterly Cash Dividend, Payable on March 21, 2025 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid March 21, 2025 to shareholders of record at the close of business February 21, 2025. Announcement • Jan 30
HCI Group, Inc. to Report Q4, 2024 Results on Feb 27, 2025 HCI Group, Inc. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 Announcement • Jan 01
HCI Group, Inc. Announces Resignation of Eric Hoffman from the Board HCI Group, Inc. announced that Eric Hoffman, a member of board of directors, has resigned from the board effective December 27, 2024. Reported Earnings • Nov 09
Third quarter 2024 earnings released: EPS: US$0.54 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$0.54 (down from US$1.53 in 3Q 2023). Revenue: US$175.3m (up 33% from 3Q 2023). Net income: US$5.68m (down 55% from 3Q 2023). Profit margin: 3.2% (down from 9.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. New Risk • Nov 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding). Declared Dividend • Nov 04
Second quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 15th November 2024 Payment date: 20th December 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 3.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 14% over the next 3 years. However, it would need to fall by 89% to increase the payout ratio to a potentially unsustainable range. Announcement • Oct 29
HCI Group, Inc. Declares Regular Quarterly Cash Dividend, Payable on December 20, 2024 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid December 20, 2024 to shareholders of record at the close of business November 15, 2024. Announcement • Oct 17
HCI Group, Inc. to Report Q3, 2024 Results on Nov 07, 2024 HCI Group, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €101, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Insurance industry in Germany. Total returns to shareholders of 3.3% over the past three years. New Risk • Aug 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.0% per year for the foreseeable future. Minor Risk Shareholders have been diluted in the past year (22% increase in shares outstanding). Upcoming Dividend • Aug 09
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 16 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 9.8% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.4%). Declared Dividend • Jul 15
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 16th August 2024 Payment date: 20th September 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (13% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 6.7% over the next year. However, it would need to fall by 86% to increase the payout ratio to a potentially unsustainable range. Announcement • Jul 12
HCI Group, Inc. to Report Q2, 2024 Results on Aug 08, 2024 HCI Group, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Peter Politis was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$4.76 (vs US$1.79 in 1Q 2023) First quarter 2024 results: EPS: US$4.76 (up from US$1.79 in 1Q 2023). Revenue: US$206.6m (up 60% from 1Q 2023). Net income: US$47.6m (up 222% from 1Q 2023). Profit margin: 23% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 29
Fourth quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 16th May 2024 Payment date: 21st June 2024 Dividend yield will be 1.4%, which is lower than the industry average of 3.8%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 18% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 27
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on June 21, 2024 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 21, 2024 to shareholders of record at the close of business May 17, 2024. Announcement • Apr 12
HCI Group, Inc. to Report Q1, 2024 Results on May 08, 2024 HCI Group, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Recent Insider Transactions • Mar 29
Chief Financial Officer recently sold €2.2m worth of stock On the 26th of March, James Harmsworth sold around 20k shares on-market at roughly €108 per share. This transaction amounted to 28% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. James has been a net seller over the last 12 months, reducing personal holdings by €2.9m. Announcement • Mar 27
HCI Group, Inc., Annual General Meeting, Jun 11, 2024 HCI Group, Inc., Annual General Meeting, Jun 11, 2024, at 15:00 US Eastern Standard Time. Location: the 1st Floor Auditorium of HCI’s headquarters at 3802 Coconut Palm Drive, Tampa, Florida Florida United States Agenda: To discuss elect Class A Directors; to ratify the appointment of external auditors; and to approve, on an advisory basis, the compensation of the named executive officers. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €105, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Insurance industry in Germany. Total returns to shareholders of 84% over the past three years. Reported Earnings • Mar 08
Full year 2023 earnings released: EPS: US$9.13 (vs US$6.24 loss in FY 2022) Full year 2023 results: EPS: US$9.13 (up from US$6.24 loss in FY 2022). Revenue: US$550.7m (up 11% from FY 2022). Net income: US$79.0m (up US$134.1m from FY 2022). Profit margin: 14% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 08
Upcoming dividend of US$0.40 per share at 1.8% yield Eligible shareholders must have bought the stock before 15 February 2024. Payment date: 15 March 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (3.7%). Announcement • Feb 01
HCI Group, Inc. to Report Q4, 2023 Results on Mar 07, 2024 HCI Group, Inc. announced that they will report Q4, 2023 results After-Market on Mar 07, 2024 Declared Dividend • Jan 29
Third quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 15th February 2024 Payment date: 15th March 2024 Dividend yield will be 1.8%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (33% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.3% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 26
HCI Group Declares Quarterly Cash Dividend, Payable on March 15, 2024 The board of directors of HCI Group, Inc. declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid March 15, 2024 to shareholders of record at the close of business February 16, 2024. Announcement • Jan 23
HCI Group, Inc. has filed a Follow-on Equity Offering in the amount of $75 million. HCI Group, Inc. has filed a Follow-on Equity Offering in the amount of $75 million.
Security Name: Common Stock
Security Type: Common Stock Announcement • Dec 08
HCI Group, Inc. has completed a Follow-on Equity Offering in the amount of $78 million. HCI Group, Inc. has completed a Follow-on Equity Offering in the amount of $78 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,000,000
Price\Range: $78
Discount Per Security: $4.29 New Risk • Dec 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (9.5% increase in shares outstanding). Announcement • Dec 07
HCI Group, Inc. has filed a Follow-on Equity Offering. HCI Group, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.3% average weekly change). Upcoming Dividend • Nov 09
Upcoming dividend of US$0.40 per share at 2.0% yield Eligible shareholders must have bought the stock before 16 November 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 7.0% but the company is not cash flow positive. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (4.1%). Reported Earnings • Nov 08
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$5.66 loss in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (up from US$5.66 loss in 3Q 2022). Revenue: US$131.6m (up 3.9% from 3Q 2022). Net income: US$13.2m (up US$60.8m from 3Q 2022). Profit margin: 10.0% (up from net loss in 3Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 21% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 21% per year for the foreseeable future. Minor Risk Paying a dividend despite having no free cash flows. Announcement • Oct 11
HCI Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023 HCI Group, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 07, 2023 Upcoming Dividend • Aug 10
Upcoming dividend of US$0.40 per share at 2.5% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 15 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.3%). Reported Earnings • Aug 09
Second quarter 2023 earnings released: EPS: US$1.45 (vs US$1.04 loss in 2Q 2022) Second quarter 2023 results: EPS: US$1.45 (up from US$1.04 loss in 2Q 2022). Revenue: US$127.3m (up 1.1% from 2Q 2022). Net income: US$12.4m (up US$21.8m from 2Q 2022). Profit margin: 9.8% (up from net loss in 2Q 2022). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 113 percentage points per year, which is a significant difference in performance. Announcement • Jul 13
HCI Group, Inc. to Report Q2, 2023 Results on Aug 08, 2023 HCI Group, Inc. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Announcement • Jun 25
HCI Group, Inc.(NYSE:HCI) dropped from Russell 2000 Defensive Index HCI Group, Inc.(NYSE:HCI) dropped from Russell 2000 Defensive Index Recent Insider Transactions • May 25
Chief Financial Officer recently sold €779k worth of stock On the 22nd of May, James Harmsworth sold around 15k shares on-market at roughly €51.95 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was James' only on-market trade for the last 12 months. Upcoming Dividend • May 11
Upcoming dividend of US$0.40 per share at 2.7% yield Eligible shareholders must have bought the stock before 18 May 2023. Payment date: 16 June 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.5%). Reported Earnings • May 10
First quarter 2023 earnings released: EPS: US$1.78 (vs US$0.09 in 1Q 2022) First quarter 2023 results: EPS: US$1.78 (up from US$0.09 in 1Q 2022). Revenue: US$129.0m (up 1.6% from 1Q 2022). Net income: US$15.3m (up US$14.5m from 1Q 2022). Profit margin: 12% (up from 0.7% in 1Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 10
Full year 2022 earnings released: US$6.24 loss per share (vs US$0.23 profit in FY 2021) Full year 2022 results: US$6.24 loss per share (down from US$0.23 profit in FY 2021). Revenue: US$499.6m (up 23% from FY 2021). Net loss: US$58.5m (down US$60.3m from profit in FY 2021). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 118 percentage points per year, which is a significant difference in performance. Announcement • Feb 14
HCI Group, Inc. to Report Q4, 2022 Results on Mar 09, 2023 HCI Group, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Mar 09, 2023 Upcoming Dividend • Feb 09
Upcoming dividend of US$0.40 per share at 3.3% yield Eligible shareholders must have bought the stock before 16 February 2023. Payment date: 17 March 2023. The company is not currently making a profit and its cash payout ratio is 81%. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.1%). Announcement • Jan 20
HCI Group Declares Quarterly Cash Dividend, Payable on March 17, 2023 HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid March 17, 2023 to shareholders of record at the close of business February 17, 2023. Buying Opportunity • Dec 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be €40.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to grow by 11% in a year. Earnings is forecast to grow by 79% in the next year. Board Change • Nov 16
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Peter Politis was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 10
Third quarter 2022 earnings released: US$5.66 loss per share (vs US$0.72 loss in 3Q 2021) Third quarter 2022 results: US$5.66 loss per share (further deteriorated from US$0.72 loss in 3Q 2021). Revenue: US$126.7m (up 28% from 3Q 2021). Net loss: US$47.7m (loss widened US$41.9m from 3Q 2021). Revenue is forecast to grow 9.7% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Insurance industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 16 December 2022. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.8%). Announcement • Oct 15
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on December 16, 2022 HCI Group, Inc. announced that the board of directors of the company has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid December 16, 2022 to shareholders of record at the close of business November 18, 2022. Announcement • Oct 13
HCI Group, Inc. to Report Q3, 2022 Results on Nov 08, 2022 HCI Group, Inc. announced that they will report Q3, 2022 results After-Market on Nov 08, 2022 Recent Insider Transactions • Aug 25
Founder recently bought €51k worth of stock On the 23rd of August, Pareshbhai Patel bought around 1k shares on-market at roughly €51.09 per share. In the last 3 months, there was an even bigger purchase from another insider worth €58k. Pareshbhai has been a buyer over the last 12 months, purchasing a net total of €146k worth in shares. Recent Insider Transactions • Aug 14
Co-Founder & Lead Independent Director recently bought €58k worth of stock On the 11th of August, Gregory Politis bought around 1k shares on-market at roughly €57.62 per share. This was the largest purchase by an insider in the last 3 months. Gregory has been a buyer over the last 12 months, purchasing a net total of €244k worth in shares. Upcoming Dividend • Aug 11
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 16 September 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.2%). Reported Earnings • Aug 09
Second quarter 2022 earnings released: US$1.04 loss per share (vs US$0.25 profit in 2Q 2021) Second quarter 2022 results: US$1.04 loss per share (down from US$0.25 profit in 2Q 2021). Revenue: US$125.9m (up 24% from 2Q 2021). Net loss: US$9.98m (down US$11.9m from profit in 2Q 2021). Over the next year, revenue is forecast to grow 22%, compared to a 26% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Jul 22
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on September 16, 2022 The board of directors of HCI Group, Inc. has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 16, 2022 to shareholders of record at the close of business August 19, 2022. Announcement • Jul 15
HCI Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022 HCI Group, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022 Announcement • Jun 26
HCI Group, Inc.(NYSE:HCI) dropped from Russell Microcap Value Index HCI Group, Inc.(NYSE:HCI) dropped from Russell Microcap Value Index Reported Earnings • May 07
First quarter 2022 earnings released: EPS: US$0.09 (vs US$0.82 in 1Q 2021) First quarter 2022 results: EPS: US$0.09 (down from US$0.82 in 1Q 2021). Revenue: US$127.0m (up 34% from 1Q 2021). Net income: US$851.0k (down 86% from 1Q 2021). Profit margin: 0.7% (down from 6.5% in 1Q 2021). Over the next year, revenue is forecast to grow 25%, compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Recent Insider Transactions • May 05
Co-Founder & Lead Independent Director recently bought €61k worth of stock On the 29th of April, Gregory Politis bought around 1k shares on-market at roughly €61.20 per share. In the last 3 months, they made an even bigger purchase worth €125k. Gregory has been a buyer over the last 12 months, purchasing a net total of €186k worth in shares. Announcement • May 04
HCI Group, Inc. Declares Quarterly Cash Dividend, Payable on June 17, 2022 The board of directors of HCI Group, Inc. declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 17, 2022 to shareholders of record at the close of business May 17, 2022. Board Change • Apr 27
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Peter Politis was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 09
Co-Founder & Lead Independent Director recently bought €125k worth of stock On the 5th of April, Gregory Politis bought around 2k shares on-market at roughly €62.57 per share. This was the largest purchase by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months. Announcement • Apr 07
HCI Group, Inc. to Report Q1, 2022 Results on May 04, 2022 HCI Group, Inc. announced that they will report Q1, 2022 results After-Market on May 04, 2022 Announcement • Apr 06
HCI Group, Inc., Annual General Meeting, Jun 02, 2022 HCI Group, Inc., Annual General Meeting, Jun 02, 2022, at 15:00 Eastern Daylight. Location: 3802 Coconut Palm Drive Tampa Florida United States Agenda: To elect Class B Directors; to ratify the appointment of external auditors; to approve, on an advisory basis, the compensation of the named executive officers; and to consider other matters. Reported Earnings • Mar 09
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.23 (down from US$3.55 in FY 2020). Revenue: US$407.9m (up 49% from FY 2020). Net income: US$1.86m (down 93% from FY 2020). Profit margin: 0.5% (down from 9.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.2%. Over the next year, revenue is forecast to grow 25%, compared to a 20% growth forecast for the insurance industry in Germany. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Buying Opportunity • Mar 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 48%. The fair value is estimated to be US$68.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% per annum over the last 3 years. Earnings per share has been flat over the last 3 years. Upcoming Dividend • Feb 10
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 17 February 2022. Payment date: 18 March 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.8%). Announcement • Feb 08
HCI Group, Inc. to Report Q4, 2021 Results on Mar 08, 2022 HCI Group, Inc. announced that they will report Q4, 2021 results After-Market on Mar 08, 2022 Announcement • Dec 17
HCI Group, Inc. (NYSE:HCI) reached an agreement in principle to acquire Personal lines insurance business in the states of Georgia, North Carolina, and South Carolina from United Insurance Holdings Corp. (NASDAQ: UIHC). HCI Group, Inc. (NYSE:HCI) reached an agreement in principle to acquire Personal lines insurance business in the states of Georgia, North Carolina, and South Carolina from United Insurance Holdings Corp. (NASDAQ: UIHC) on December 16, 2021. Under the quota share arrangement, HCI will pay to UPC a provisional ceding commission of 25% of premium earned during the term of the contract that could increase up to 32% depending on the direct loss ratio results for the reinsured business. Also as part of the transaction, UPC will grant HCI renewal rights in respect of its personal lines business in Georgia, North Carolina and South Carolina. Consideration for renewal rights includes an up-front cash payment from HCI to UPC of $3.8 million which will be adjusted based on the amount of premium transitioned to HCI, subject to a maximum of $6 million. The transaction is subject to negotiation of definitive agreements and customary closing conditions, including receipt of all applicable regulatory approvals. Debevoise & Plimpton LLP is acting as legal advisor to UIHC. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 17 December 2021. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.1%). Reported Earnings • Nov 10
Third quarter 2021 earnings released: US$0.72 loss per share (vs US$1.98 profit in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: US$99.2m (up 48% from 3Q 2020). Net loss: US$5.76m (down 140% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 08
Investor sentiment improved over the past week After last week's 15% share price gain to €110, the stock trades at a trailing P/E ratio of 45x. Average forward P/E is 9x in the Insurance industry in Germany. Total returns to shareholders of 224% over the past three years. Upcoming Dividend • Aug 12
Upcoming dividend of US$0.40 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 17 September 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (4.3%).