HCI Group, Inc.

NYSE:HCI Stock Report

Market Cap: US$1.1b

HCI Group Management

Management criteria checks 3/4

HCI Group's CEO is Paresh Patel, appointed in Nov 2006, has a tenure of 18.08 years. total yearly compensation is $3.66M, comprised of 25.9% salary and 74.1% bonuses, including company stock and options. directly owns 9.91% of the company’s shares, worth $113.80M. The average tenure of the management team and the board of directors is 11.2 years and 4.9 years respectively.

Key information

Paresh Patel

Chief executive officer

US$3.7m

Total compensation

CEO salary percentage25.9%
CEO tenure18.1yrs
CEO ownership9.9%
Management average tenure11.2yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

HCI Group (NYSE:HCI) Is Due To Pay A Dividend Of $0.40

Nov 09
HCI Group (NYSE:HCI) Is Due To Pay A Dividend Of $0.40

It's A Story Of Risk Vs Reward With HCI Group, Inc. (NYSE:HCI)

Sep 10
It's A Story Of Risk Vs Reward With HCI Group, Inc. (NYSE:HCI)

HCI Group: A Tech-Driven Home Run In Florida's Insurance Market

Aug 25

HCI Group: A Growth Stock Trading At Reasonable Levels In The P&C Insurance Industry

Jun 03

Revenues Tell The Story For HCI Group, Inc. (NYSE:HCI)

May 10
Revenues Tell The Story For HCI Group, Inc. (NYSE:HCI)

HCI Group (NYSE:HCI) Has Affirmed Its Dividend Of $0.40

Oct 21
HCI Group (NYSE:HCI) Has Affirmed Its Dividend Of $0.40

HCI Group: Impressive Margin Improvements, But Unimpressive Price Point

Oct 12

HCI Group (NYSE:HCI) Is Due To Pay A Dividend Of $0.40

Jul 16
HCI Group (NYSE:HCI) Is Due To Pay A Dividend Of $0.40

HCI Group's (NYSE:HCI) Dividend Will Be $0.40

Feb 14
HCI Group's (NYSE:HCI) Dividend Will Be $0.40

HCI Group declares $0.40 dividend

Jan 19

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

Nov 16
HCI Group (NYSE:HCI) Has Announced A Dividend Of $0.40

HCI Group (NYSE:HCI) Is Paying Out A Dividend Of $0.40

Oct 18
HCI Group (NYSE:HCI) Is Paying Out A Dividend Of $0.40

HCI Group announces Q3 pre-tax net loss of $78M

Oct 10

HCI Group Non-GAAP EPS of -$0.71, revenue of $125.93M

Aug 08

HCI Group declares $0.40 dividend

Jul 21

HCI Group (NYSE:HCI) Will Pay A Dividend Of US$0.40

May 06
HCI Group (NYSE:HCI) Will Pay A Dividend Of US$0.40

CEO Compensation Analysis

How has Paresh Patel's remuneration changed compared to HCI Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$140m

Jun 30 2024n/an/a

US$148m

Mar 31 2024n/an/a

US$108m

Dec 31 2023US$4mUS$950k

US$76m

Sep 30 2023n/an/a

US$41m

Jun 30 2023n/an/a

-US$20m

Mar 31 2023n/an/a

-US$41m

Dec 31 2022US$1mUS$950k

-US$55m

Sep 30 2022n/an/a

-US$56m

Jun 30 2022n/an/a

-US$14m

Mar 31 2022n/an/a

-US$3m

Dec 31 2021US$8mUS$735k

US$2m

Sep 30 2021n/an/a

US$4m

Jun 30 2021n/an/a

US$25m

Mar 31 2021n/an/a

US$32m

Dec 31 2020US$5mUS$987k

US$26m

Sep 30 2020n/an/a

US$30m

Jun 30 2020n/an/a

US$21m

Mar 31 2020n/an/a

US$19m

Dec 31 2019US$6mUS$950k

US$25m

Sep 30 2019n/an/a

US$11m

Jun 30 2019n/an/a

US$14m

Mar 31 2019n/an/a

US$15m

Dec 31 2018US$4mUS$950k

US$18m

Sep 30 2018n/an/a

US$37m

Jun 30 2018n/an/a

-US$9m

Mar 31 2018n/an/a

-US$8m

Dec 31 2017US$4mUS$950k

-US$6m

Compensation vs Market: Paresh's total compensation ($USD3.66M) is about average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Paresh's compensation has increased by more than 20% in the past year.

CEO

Paresh Patel (61 yo)

18.1yrs

Tenure

US$3,662,846

Compensation

Mr. Pareshbhai Suryakant Patel, also known as Paresh, serves as Chief Executive Officer of TypTap Insurance Company. He is a President, CEO and Chairman of the Board of Directors at TypTap Insurance Group,...

Leadership Team

NamePositionTenureCompensationOwnership
Pareshbhai Patel
Founder18.1yrsUS$3.66m9.91%
$ 113.8m
Gregory Politis
Co-Founder & Lead Independent Director18.1yrsUS$130.13k3.92%
$ 45.0m
James Harmsworth
Chief Financial Officer7.6yrsUS$517.98k0.48%
$ 5.5m
Karin Coleman
President of Homeowners Choice Property & Casualty Insurance Company3.8yrsUS$570.50k0.56%
$ 6.4m
Andrew Graham
VP, General Counsel & Company Secretary16.5yrsUS$470.50k0.54%
$ 6.2m
Anthony Saravanos
President of Greenleaf Capital LLC & Director11.2yrsUS$434.90k1.33%
$ 15.3m
Kevin Mitchell
Senior Vice President of Investor Relations9.9yrsno datano data
Rachel Swansiger
Investor Relations Officerno datano datano data

11.2yrs

Average Tenure

61yo

Average Age

Experienced Management: HCI's management team is seasoned and experienced (11.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Pareshbhai Patel
Founder18.1yrsUS$3.66m9.91%
$ 113.8m
Gregory Politis
Co-Founder & Lead Independent Director18.1yrsUS$130.13k3.92%
$ 45.0m
Karin Coleman
President of Homeowners Choice Property & Casualty Insurance Company3.8yrsUS$570.50k0.56%
$ 6.4m
Anthony Saravanos
President of Greenleaf Capital LLC & Director17.6yrsUS$434.90k1.33%
$ 15.3m
Robert Burks
Independent Director11.5yrsUS$130.13k0.094%
$ 1.1m
Robert Lopes
Board Advisor4.2yrsno datano data
Sanjay Madhu
Independent Director17.6yrsUS$130.13k0.53%
$ 6.1m
Susan Watts
Independent Director5.7yrsUS$130.13k0.076%
$ 875.3k
Eric Hoffman
Independent Director3.8yrsno datano data
Gitanjali Clark
Board Advisor4.2yrsno datano data
Peter Politis
Independent Director3.5yrsUS$130.13k0.076%
$ 873.6k
Lauren Valiente
Independent Director3.5yrsUS$130.13k0.027%
$ 314.5k

4.9yrs

Average Tenure

59yo

Average Age

Experienced Board: HCI's board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 05:33
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HCI Group, Inc. is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Casey AlexanderCompass Point Research & Trading, LLC
Casey AlexanderGilford Securities
Matthew CarlettiJMP Securities