HCI Group, Inc. engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida.
Proven track record with reasonable growth potential and pays a dividend.
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 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: HCI exceeded the US Insurance industry which returned -22% over the past year.
Return vs Market: HCI exceeded the US Market which returned 4.3% over the past year.
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
1 week ago | Simply Wall StHave Insiders Been Buying HCI Group, Inc. (NYSE:HCI) Shares?
3 weeks ago | Simply Wall StDid You Miss HCI Group's (NYSE:HCI) 15% Share Price Gain?
1 month ago | Simply Wall StIs HCI Group, Inc.'s (NYSE:HCI) CEO Salary Justified?
Is HCI Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HCI ($45.13) is trading above our estimate of fair value ($21.99)
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 (17.5x) compared to the Insurance industry average (13.3x).
PE vs Market: HCI is poor value based on its PE Ratio (17.5x) compared to the US market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: HCI is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: HCI is overvalued based on its PB Ratio (1.9x) compared to the US Insurance industry average (0.9x).
How is HCI Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HCI's forecast earnings growth (22.9% per year) is above the savings rate (2.2%).
Earnings vs Market: HCI's earnings (22.9% per year) are forecast to grow faster than the US market (22.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HCI's revenue (12.2% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: HCI's revenue (12.2% 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
How has HCI Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HCI has high quality earnings.
Growing Profit Margin: HCI's current net profit margins (8.1%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: HCI's earnings have declined by -35.5% per year over the past 5 years.
Accelerating Growth: HCI's earnings growth over the past year (31.7%) exceeds its 5-year average (-35.5% per year).
Earnings vs Industry: HCI earnings growth over the past year (31.7%) exceeded the Insurance industry -1.9%.
Return on Equity
High ROE: HCI's Return on Equity (11.4%) is considered low.
How is HCI Group's financial position?
Financial Position Analysis
Short Term Liabilities: HCI's short term assets ($480.9M) exceed its short term liabilities ($450.2M).
Long Term Liabilities: HCI's short term assets ($480.9M) exceed its long term liabilities ($206.9M).
Debt to Equity History and Analysis
Debt Level: HCI's debt to equity ratio (105.5%) is considered high.
Reducing Debt: HCI's debt to equity ratio has increased from 63.1% to 105.5% over the past 5 years.
Debt Coverage: HCI's debt is well covered by operating cash flow (52.3%).
Interest Coverage: HCI's interest payments on its debt are well covered by EBIT (3.4x coverage).
What is HCI Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HCI's dividend (3.55%) is higher than the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: HCI's dividend (3.55%) is low compared to the top 25% of dividend payers in the US market (4.49%).
Stability and Growth of Payments
Stable Dividend: HCI's dividends per share have been stable in the past 10 years.
Growing Dividend: HCI's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62%), HCI's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paresh Patel (57yo)
Mr. Pareshbhai Suryakant Patel, also known as Paresh, co-founded HCI Group, Inc. in November 2006 and has been Chief Executive Officer since July 1, 2011. Mr. Patel serves as Executive Chairman of the Boar ...
CEO Compensation Analysis
Compensation vs Market: Paresh's total compensation ($USD6.08M) is above average for companies of similar size in the US market ($USD2.15M).
Compensation vs Earnings: Paresh's compensation has increased by more than 20% in the past year.
|Chief Financial Officer||3.17yrs||US$636.65k||0.44% $1.6m|
|VP, General Counsel & Company Secretary||12.08yrs||US$541.75k||0.50% $1.8m|
|President of Greenleaf Capital LLC & Director||13.17yrs||US$506.75k||1.71% $6.1m|
|Executive VP and President of Homeowners Choice Property & Casualty Insurance Company||2.58yrs||US$515.75k||0.34% $1.2m|
|Senior Vice President of Investor Relations||5.5yrs||no data||no data|
|Investor Relations Officer||no data||no data||no data|
Experienced Management: HCI's management team is seasoned and experienced (6.1 years average tenure).
|President of Greenleaf Capital LLC & Director||13.17yrs||US$506.75k||1.71% $6.1m|
|Independent Director||6.67yrs||US$139.63k||0.13% $456.6k|
|Independent Director||7.08yrs||US$139.63k||0.074% $264.8k|
|Independent Director||13.17yrs||US$134.83k||1.36% $4.8m|
|Co-Founder & Lead Independent Director||3.5yrs||US$134.83k||5.17% $18.4m|
|Independent Director||1.25yrs||US$99.26k||0.039% $139.5k|
|Independent Director||9.25yrs||US$134.83k||1.3% $4.6m|
|Independent Director||1.25yrs||US$99.26k||0.026% $93.3k|
Experienced Board: HCI's board of directors are considered experienced (8.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HCI Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: HCI Group, Inc.
- Ticker: HCI
- Exchange: NYSE
- Founded: 2006
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: US$355.496m
- Shares outstanding: 7.88m
- Website: https://www.hcigroup.com
Number of Employees
- HCI Group, Inc.
- 5300 West Cypress Street
- Suite 100
- United States
|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|
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 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 one full-service restaurant, marinas, waterfront property, retail shopping centres, office building, and vacant shopping centre for investment purposes. In addition, it designs and develops web-based applications and products for mobile devices, including SAMS and ClaimColony applications. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was founded in 2006 and is headquartered in Tampa, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 00:06|
|End of Day Share Price||2020/07/01 00:00|
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.