HCI Group (NYSE:HCI) Stock Price Expected to Rise, Citizens Jmp Analyst Says

HCI Group (NYSE:HCI) had its price target increased by stock analysts at Citizens Jmp from $265.00 to $280.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “market outperform” rating on the insurance provider’s stock. Citizens Jmp‘s price objective points to a potential upside of 50.57% from the stock’s current price.

Several other analysts have also weighed in on the stock. Truist Financial set a $235.00 target price on shares of HCI Group in a research note on Thursday, October 1st. Zacks Research raised HCI Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Citigroup restated a “market outperform” rating on shares of HCI Group in a research report on Thursday. Cantor Fitzgerald initiated coverage on HCI Group in a research note on Thursday, July 9th. They issued an “overweight” rating and a $225.00 target price on the stock. Finally, Weiss Ratings downgraded shares of HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $250.00.

HCI Group Stock Down 3.2%

Shares of NYSE HCI traded down $6.08 during trading on Thursday, reaching $185.95. 205,412 shares of the stock were exchanged, compared to its average volume of 171,969. The business’s 50-day moving average price is $190.22 and its 200 day moving average price is $171.43. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 7.51 and a beta of 0.96. HCI Group has a twelve month low of $144.75 and a twelve month high of $208.80.

HCI Group (NYSE:HCI) last announced its earnings results on Wednesday, November 4th. The insurance provider reported $6.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.96 by $1.49. The business had revenue of $244.91 million for the quarter, compared to analyst estimates of $247.75 million. HCI Group had a return on equity of 28.80% and a net margin of 32.60%. As a group, equities analysts forecast that HCI Group will post 21.04 EPS for the current fiscal year.

Institutional Trading of HCI Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in shares of HCI Group during the 2nd quarter worth about $323,098,000. Dimensional Fund Advisors LP increased its stake in shares of HCI Group by 11.4% during the first quarter. Dimensional Fund Advisors LP now owns 354,884 shares of the insurance provider’s stock valued at $54,870,000 after acquiring an additional 36,348 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of HCI Group by 60.8% during the third quarter. Allspring Global Investments Holdings LLC now owns 234,086 shares of the insurance provider’s stock valued at $42,461,000 after acquiring an additional 88,553 shares during the period. Freestone Grove Partners LP acquired a new position in shares of HCI Group during the second quarter valued at approximately $30,766,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in HCI Group by 2,944.0% during the first quarter. Arrowstreet Capital Limited Partnership now owns 116,858 shares of the insurance provider’s stock worth $18,067,000 after purchasing an additional 113,019 shares in the last quarter. 86.99% of the stock is currently owned by institutional investors.

HCI Group News Summary

Here are the key news stories impacting HCI Group this week:

• Positive Sentiment: HCI reported third-quarter diluted EPS of $6.45, beating analyst estimates of roughly $5, while net income rose to $86 million from $68 million a year earlier. Gross written premiums increased 12%, and the gross loss ratio was 20.7%. HCI Group Reports Third Quarter 2026 Results
• Positive Sentiment: Analysts raised their targets: Truist moved its target to $245 from $235 and maintained a Buy rating; Citizens JMP raised its target to $280 from $265 and kept a Market Outperform rating. These revisions indicate continued optimism about the shares. Truist raises HCI price target Citizens JMP issues positive forecast
• Negative Sentiment: Quarterly revenue of $244.9 million was below the approximately $247.8 million analyst consensus. That shortfall may be tempering the reaction to the earnings beat. HCI reports sales below analyst estimates
• Negative Sentiment: HCI outlined an estimated $15 million net loss from Isaias for the fourth quarter. This expected catastrophe cost could pressure near-term results, despite the company’s strong Q3 performance. HCI outlines Isaias loss estimate

About HCI Group

HCI Group, Inc is a Florida-based holding company focused primarily on property and casualty insurance. Through its insurance subsidiaries, the company provides residential property insurance products, including homeowners, condominium, renters and dwelling coverage, designed to protect policyholders against risks such as wind, fire, theft and other covered losses.

HCI’s insurance operations have historically been concentrated in Florida, one of the largest and most challenging residential property-insurance markets in the United States.