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HCI

HCI GroupNYSE:HCI Stock Report

Last Price

US$66.43

Market Cap

US$681.0m

7D

-17.5%

1Y

21.9%

Updated

19 Jan, 2022

Data

Company Financials +
HCI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends3/6

HCI Stock Overview

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida.

HCI Group Competitors

Chubb

NYSE:CB

US$84.0b

Cincinnati Financial

NasdaqGS:CINF

US$18.9b

First American Financial

NYSE:FAF

US$8.6b

RLI

NYSE:RLI

US$4.9b

Price History & Performance

Summary of all time highs, changes and price drops for HCI Group
Historical stock prices
Current Share PriceUS$66.43
52 Week HighUS$139.80
52 Week LowUS$53.27
Beta0.69
1 Month Change-25.95%
3 Month Change-48.59%
1 Year Change21.94%
3 Year Change38.89%
5 Year Change64.68%
Change since IPO989.02%

Recent News & Updates

Oct 24
HCI Group (NYSE:HCI) Has Announced A Dividend Of US$0.40

HCI Group (NYSE:HCI) Has Announced A Dividend Of US$0.40

HCI Group, Inc.'s ( NYSE:HCI ) investors are due to receive a payment of US$0.40 per share on 17th of December. This...

Oct 19
Here's Why We Think HCI Group (NYSE:HCI) Is Well Worth Watching

Here's Why We Think HCI Group (NYSE:HCI) Is Well Worth Watching

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

HCIUS InsuranceUS Market
7D-17.5%-1.7%-3.5%
1Y21.9%21.2%10.2%

Return vs Industry: HCI underperformed the US Insurance industry which returned 23.5% over the past year.

Return vs Market: HCI exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is HCI's price volatile compared to industry and market?
HCI volatility
HCI Average Weekly Movement6.9%
Insurance Industry Average Movement4.2%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: HCI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: HCI's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006436Paresh Patelhttps://hcigroup.com

HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners insurance, flood insurance, and wind-only insurance to homeowners, condominium owners, and tenants, as well as offers reinsurance programs. The company also owns and operates waterfront properties and retail shopping centres, and an office building, as well as commercial properties for investment purposes.

HCI Group Fundamentals Summary

How do HCI Group's earnings and revenue compare to its market cap?
HCI fundamental statistics
Market CapUS$680.95m
Earnings (TTM)US$4.34m
Revenue (TTM)US$365.91m

156.9x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HCI income statement (TTM)
RevenueUS$365.91m
Cost of RevenueUS$289.11m
Gross ProfitUS$76.80m
ExpensesUS$72.46m
EarningsUS$4.34m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin20.99%
Net Profit Margin1.19%
Debt/Equity Ratio20.5%

How did HCI perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

280%

Payout Ratio

Valuation

Is HCI Group undervalued compared to its fair value and its price relative to the market?

156.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HCI ($66.43) is trading above our estimate of fair value ($53.16)

Significantly Below Fair Value: HCI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HCI is poor value based on its PE Ratio (156.9x) compared to the US Insurance industry average (11.4x).

PE vs Market: HCI is poor value based on its PE Ratio (156.9x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: HCI is poor value based on its PEG Ratio (3.1x)


Price to Book Ratio

PB vs Industry: HCI is overvalued based on its PB Ratio (2.3x) compared to the US Insurance industry average (1.2x).


Future Growth

How is HCI Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

51.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HCI's forecast earnings growth (51.4% per year) is above the savings rate (2%).

Earnings vs Market: HCI's earnings (51.4% per year) are forecast to grow faster than the US market (13% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HCI's revenue (13.9% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: HCI's revenue (13.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if HCI's Return on Equity is forecast to be high in 3 years time


Past Performance

How has HCI Group performed over the past 5 years?

3.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HCI has high quality earnings.

Growing Profit Margin: HCI's current net profit margins (1.2%) are lower than last year (11.1%).


Past Earnings Growth Analysis

Earnings Trend: HCI's earnings have grown by 3.7% per year over the past 5 years.

Accelerating Growth: HCI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HCI had negative earnings growth (-85.4%) over the past year, making it difficult to compare to the Insurance industry average (39.8%).


Return on Equity

High ROE: HCI's Return on Equity (2.2%) is considered low.


Financial Health

How is HCI Group's financial position?


Financial Position Analysis

Short Term Liabilities: HCI's short term assets ($718.5M) exceed its short term liabilities ($581.6M).

Long Term Liabilities: HCI's short term assets ($718.5M) exceed its long term liabilities ($114.3M).


Debt to Equity History and Analysis

Debt Level: HCI has more cash than its total debt.

Reducing Debt: HCI's debt to equity ratio has reduced from 56.6% to 20.5% over the past 5 years.

Debt Coverage: HCI's debt is well covered by operating cash flow (62.1%).

Interest Coverage: HCI's interest payments on its debt are not well covered by EBIT (2.5x coverage).


Balance Sheet


Dividend

What is HCI Group current dividend yield, its reliability and sustainability?

2.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HCI's dividend (2.41%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: HCI's dividend (2.41%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: HCI's dividends per share have been stable in the past 10 years.

Growing Dividend: HCI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (280%), HCI's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Paresh Patel (58 yo)

15.17yrs

Tenure

US$5,229,467

Compensation

Mr. Pareshbhai Suryakant Patel, also known as Paresh, is a President, CEO and Chairman of the Board of Directors at TypTap Insurance Group, Inc., since July 2020. He founded HCI Group, Inc. in November 200...


CEO Compensation Analysis

Compensation vs Market: Paresh's total compensation ($USD5.23M) is above average for companies of similar size in the US market ($USD2.31M).

Compensation vs Earnings: Paresh's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: HCI's management team is seasoned and experienced (8.3 years average tenure).


Board Members

Experienced Board: HCI's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.4%.


Top Shareholders

Company Information

HCI Group, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: HCI Group, Inc.
  • Ticker: HCI
  • Exchange: NYSE
  • Founded: 2006
  • Industry: Property and Casualty Insurance
  • Sector: Insurance
  • Implied Market Cap: US$680.951m
  • Shares outstanding: 10.25m
  • Website: https://hcigroup.com

Number of Employees


Location

  • HCI Group, Inc.
  • 3802 Coconut Palm Drive
  • Tampa
  • Florida
  • 33619
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 00:06
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.