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Stock analysts at Keefe, Bruyette & Woods initiated coverage on shares of HCI Group (NYSE:HCI) in a report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.

Separately, analysts at Zacks upgraded shares of HCI Group from a “neutral” rating to an “outperform” rating in a research note on Wednesday, August 6th. They now have a $44.10 price target on the stock. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $46.93.

Shares of HCI Group (NYSE:HCI) opened at 42.11 on Tuesday. HCI Group has a 1-year low of $33.50 and a 1-year high of $53.61. The stock’s 50-day moving average is $41.03 and its 200-day moving average is $39.97. The company has a market cap of $471.7 million and a price-to-earnings ratio of 7.89.

HCI Group (NYSE:HCI) last released its earnings data on Tuesday, August 5th. The company reported $1.39 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.25 by $0.14. The company had revenue of $66.28 million for the quarter, compared to the consensus estimate of $68.70 million. HCI Group’s revenue was up 11.7% compared to the same quarter last year. On average, analysts predict that HCI Group will post $4.67 earnings per share for the current fiscal year.

HCI Group Inc, formerly Homeowners Choice, Inc, is a holding company. The Company, through its subsidiaries, is engaged in the property and casualty insurance business.

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