HCI Group, Inc. (NYSE:HCI) will release its earnings data after the market closes on Wednesday, November 1st.

HCI Group (NYSE:HCI) last posted its quarterly earnings results on Wednesday, August 2nd. The insurance provider reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $67.58 million during the quarter, compared to analysts’ expectations of $64.33 million. HCI Group had a net margin of 13.52% and a return on equity of 15.65%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 EPS. On average, analysts expect HCI Group to post $0.17 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.

Shares of HCI Group, Inc. (NYSE:HCI) opened at 38.03 on Wednesday. The stock has a market cap of $379.77 million, a P/E ratio of 10.47 and a beta of 2.31. HCI Group, Inc. has a 12 month low of $25.50 and a 12 month high of $50.93. The stock’s 50 day moving average is $36.90 and its 200 day moving average is $42.65.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, November 17th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.68%. The ex-dividend date of this dividend is Thursday, November 16th. HCI Group’s payout ratio is currently 38.36%.

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In related news, CEO Paresh Patel purchased 1,000 shares of the firm’s stock in a transaction dated Wednesday, September 20th. The stock was acquired at an average price of $36.06 per share, with a total value of $36,060.00. Following the completion of the transaction, the chief executive officer now owns 227,000 shares of the company’s stock, valued at $8,185,620. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have bought 1,565 shares of company stock valued at $56,894 in the last three months. Corporate insiders own 20.37% of the company’s stock.

A number of analysts have recently weighed in on the stock. BidaskClub downgraded shares of HCI Group from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. ValuEngine downgraded shares of HCI Group from a “buy” rating to a “hold” rating in a research report on Thursday, September 28th. TheStreet downgraded shares of HCI Group from a “b-” rating to a “c” rating in a research report on Thursday, September 28th. Zacks Investment Research downgraded shares of HCI Group from a “buy” rating to a “hold” rating in a research report on Thursday, July 6th. Finally, SunTrust Banks, Inc. assumed coverage on shares of HCI Group in a research report on Tuesday, July 4th. They set a “buy” rating and a $52.00 price target for the company. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $43.33.

HCI Group Company Profile

HCI Group, Inc (HCI) is an insurance holding company. The Company operates through four operating divisions: property and casualty insurance, reinsurance, investment real estate and information technology. Its operations include Insurance Operations and Other Operations. Its Insurance Operations include property and casualty insurance, and reinsurance.

Earnings History for HCI Group (NYSE:HCI)

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