HCI Group
Market Cap
US$467.7m
Last Updated
2021/03/01 01:02 UTC
Data Sources
Company Financials +
Executive Summary
HCI Group, Inc. engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 26.7% per year for the next 3 years
Snowflake Analysis
Average dividend payer with mediocre balance sheet.
Similar Companies
Share Price & News
How has HCI Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HCI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HCI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-2.5%
HCI
-0.2%
US Insurance
-3.6%
US Market
1 Year Return
36.1%
HCI
11.0%
US Insurance
36.5%
US Market
Return vs Industry: HCI exceeded the US Insurance industry which returned 11% over the past year.
Return vs Market: HCI matched the US Market which returned 36.4% over the past year.
Shareholder returns
| HCI | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.5% | -0.2% | -3.6% |
| 30 Day | 4.0% | 8.4% | 2.7% |
| 90 Day | 11.0% | 9.6% | 7.5% |
| 1 Year | 40.4%36.1% | 14.1%11.0% | 39.5%36.5% |
| 3 Year | 82.3%64.7% | 23.2%14.0% | 53.5%43.6% |
| 5 Year | 124.3%88.1% | 71.2%49.8% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is HCI Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Shareholders Of HCI Group (NYSE:HCI) Must Be Happy With Their 107% Total Return1 month ago | Simply Wall St
Is HCI Group, Inc.'s (NYSE:HCI) Recent Stock Performance Influenced By Its Fundamentals In Any Way?2 months ago | Simply Wall St
A Look At HCI Group's (NYSE:HCI) CEO RemunerationValuation
Is HCI Group undervalued compared to its fair value and its price relative to the market?
14.36x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HCI ($57.87) is trading above our estimate of fair value ($27.33)
Significantly Below Fair Value: HCI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HCI is good value based on its PE Ratio (14.4x) compared to the US Insurance industry average (15x).
PE vs Market: HCI is good value based on its PE Ratio (14.4x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: HCI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: HCI is overvalued based on its PB Ratio (2.3x) compared to the US Insurance industry average (1x).
Next Steps
Future Growth
How is HCI Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-26.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HCI's earnings are forecast to decline over the next 3 years (-26.7% per year).
Earnings vs Market: HCI's earnings are forecast to decline over the next 3 years (-26.7% per year).
High Growth Earnings: HCI's earnings are forecast to decline over the next 3 years.
Revenue vs Market: HCI's revenue (0.9% per year) is forecast to grow slower than the US market (10.4% per year).
High Growth Revenue: HCI's revenue (0.9% 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
Next Steps
Past Performance
How has HCI Group performed over the past 5 years?
-23.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HCI has a large one-off gain of $36.7M impacting its September 30 2020 financial results.
Growing Profit Margin: HCI's current net profit margins (11.1%) are higher than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: HCI's earnings have declined by 23.3% per year over the past 5 years.
Accelerating Growth: HCI's earnings growth over the past year (157.4%) exceeds its 5-year average (-23.3% per year).
Earnings vs Industry: HCI earnings growth over the past year (157.4%) exceeded the Insurance industry -9.5%.
Return on Equity
High ROE: HCI's Return on Equity (15.7%) is considered low.
Next Steps
Financial Health
How is HCI Group's financial position?
Financial Position Analysis
Short Term Liabilities: HCI's short term assets ($599.5M) exceed its short term liabilities ($502.3M).
Long Term Liabilities: HCI's short term assets ($599.5M) exceed its long term liabilities ($185.8M).
Debt to Equity History and Analysis
Debt Level: HCI's debt to equity ratio (82.3%) is considered high.
Reducing Debt: HCI's debt to equity ratio has increased from 57.4% to 82.3% over the past 5 years.
Debt Coverage: HCI's debt is well covered by operating cash flow (56.9%).
Interest Coverage: HCI's interest payments on its debt are not well covered by EBIT (1.5x coverage).
Balance Sheet
Next Steps
Dividend
What is HCI Group current dividend yield, its reliability and sustainability?
2.76%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HCI's dividend (2.76%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: HCI's dividend (2.76%) is low compared to the top 25% of dividend payers in the US market (3.77%).
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 reasonably low payout ratio (39.7%), HCI's dividend payments are 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?
7.3yrs
Average management tenure
CEO
Paresh Patel (57 yo)
9.58yrs
Tenure
US$6,076,669
Compensation
Mr. Pareshbhai Suryakant Patel, also known as Paresh, co-founded HCI Group, Inc. in November 2006 and has been Chief Executive Officer since July 1, 2011. Mr. Patel serves as Executive Chairman of the Boar...
CEO Compensation Analysis
Compensation vs Market: Paresh's total compensation ($USD6.08M) is above average for companies of similar size in the US market ($USD1.50M).
Compensation vs Earnings: Paresh's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.58yrs | US$6.08m | 10.08% $ 47.2m | |
| Co-Founder & Lead Independent Director | 4.08yrs | US$134.83k | 5.04% $ 23.6m | |
| Chief Financial Officer | 3.75yrs | US$636.65k | 0.38% $ 1.8m | |
| VP, General Counsel & Company Secretary | 12.67yrs | US$541.75k | 0.49% $ 2.3m | |
| President of Greenleaf Capital LLC & Director | 13.75yrs | US$506.75k | 1.67% $ 7.8m | |
| Executive VP and President of Homeowners Choice Property & Casualty Insurance Company | 3.17yrs | US$515.75k | 0.33% $ 1.5m | |
| Senior Vice President of Investor Relations | 6.08yrs | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
7.3yrs
Average Tenure
58yo
Average Age
Experienced Management: HCI's management team is seasoned and experienced (7.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 9.58yrs | US$6.08m | 10.08% $ 47.2m | |
| Co-Founder & Lead Independent Director | 4.08yrs | US$134.83k | 5.04% $ 23.6m | |
| President of Greenleaf Capital LLC & Director | 13.75yrs | US$506.75k | 1.67% $ 7.8m | |
| Independent Director | 7.25yrs | US$139.63k | 0.13% $ 585.5k | |
| Independent Director | 7.67yrs | US$139.63k | 0.073% $ 339.5k | |
| Board Advisor | 0.33yr | no data | no data | |
| Director | 13.75yrs | US$134.83k | 1.08% $ 5.1m | |
| Independent Director | 1.83yrs | US$99.26k | 0.051% $ 236.7k | |
| Independent Director | 1.83yrs | US$99.26k | 0.026% $ 119.6k | |
| Board Advisor | 0.33yr | no data | no data |
5.7yrs
Average Tenure
57.5yo
Average Age
Experienced Board: HCI's board of directors are considered experienced (5.7 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
HCI Group, Inc.'s company bio, 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
- Market Cap: US$467.709m
- Shares outstanding: 8.08m
- Website: https://www.hcigroup.com
Number of Employees
Location
- HCI Group, Inc.
- 5300 West Cypress Street
- Suite 100
- Tampa
- Florida
- 33607
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HCI | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 2008 |
| 0H5 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 2008 |
| 0J22 | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Sep 2008 |
Biography
HCI Group, Inc. engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. It provides residential insurance products, such as homeowners in...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 01:02 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.