HCI Group (HCI) Earns Daily News Impact Rating of 0.23
News coverage about HCI Group (NYSE:HCI) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. HCI Group earned a coverage optimism score of 0.23 on Accern’s scale. Accern also assigned news stories about the insurance provider an impact score of 94 out of 100, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- HCI Group, Inc. breached its 50 day moving average in a Bearish Manner : HCI-US : July 17, 2017 (finance.yahoo.com)
- HCI : Subsidiary Homeowners Choice Approved to Write Flood Insurance in Arkansas (4-traders.com)
- BRIEF-HCI Group unit receives regulatory approval to write flood insurance in Pennsylvania (reuters.com)
- HCI Group Subsidiary Homeowners Choice Approved to Write Flood Insurance in Arkansas (finance.yahoo.com)
- HCI Group Subsidiary Homeowners Choice Approved to Write Flood Insurance in Pennsylvania (finance.yahoo.com)
HCI has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of HCI Group from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Wednesday, June 7th. SunTrust Banks, Inc. initiated coverage on shares of HCI Group in a report on Tuesday, July 4th. They issued a “buy” rating and a $52.00 price target on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of HCI Group in a report on Monday, May 15th. ValuEngine upgraded shares of HCI Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, June 6th. Finally, TheStreet upgraded shares of HCI Group from a “c” rating to a “b-” rating in a report on Thursday, May 4th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $45.25.
Shares of HCI Group (NYSE:HCI) traded down 0.63% during trading on Monday, reaching $45.50. The company’s stock had a trading volume of 37,634 shares. The company has a 50-day moving average price of $45.55 and a 200-day moving average price of $44.12. HCI Group has a one year low of $24.35 and a one year high of $50.93. The stock has a market cap of $448.81 million, a price-to-earnings ratio of 13.21 and a beta of 2.37.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Friday, August 18th 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 3.06%. The ex-dividend date is Wednesday, August 16th. HCI Group’s payout ratio is 40.82%.
About HCI Group
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.
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