Share on StockTwits

HCI Group (NYSE:HCI) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research report issued to clients and investors on Thursday. They currently have a $46.10 target price on the stock. Zacks‘s target price would suggest a potential upside of 6.61% from the stock’s previous close.

Separately, analysts at Keefe, Bruyette & Woods initiated coverage on shares of HCI Group in a research note on Tuesday. They set a “market perform” rating and a $46.00 price target on the stock. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $47.14.

HCI Group (NYSE:HCI) traded up 0.28% during mid-day trading on Thursday, hitting $43.36. 42,766 shares of the company’s stock traded hands. HCI Group has a one year low of $33.50 and a one year high of $53.61. The stock has a 50-day moving average of $41.25 and a 200-day moving average of $39.94. The company has a market cap of $485.7 million and a price-to-earnings ratio of 8.19.

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. Analysts expect that HCI Group will post $4.74 EPS 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.

To get a free copy of the research report on HCI Group (HCI), click here. For more information about research offerings from Zacks Investment Research, visit Zacks.com

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.