HCI

HCI Group’s first quarter results reflected continued operational discipline and strategic capital management, with sales rising but falling short of Wall Street’s revenue expectations. Management attributed performance to stable premium volumes, disciplined underwriting, and the growing contribution from technology businesses like Exzeo and Griston. CFO Mark Harmsworth highlighted the “continued low claims and litigation frequency,” which, along with increased investment income, helped expand operating margins. The company also benefited from maintaining a low loss ratio and leveraging its diversified carrier structure to drive profitability. Is now the time to buy HCI? Find out in our full research report (it’s free). Revenue: $242.9 million vs analyst estimates of $245.5 million (12.2% year-on-year growth, 1.1% miss) Adjusted EPS: $5.45 vs analyst estimates of $5.19 (5% beat) Adjusted EBITDA: $120.3 million (49.5% margin, 14% year-on-year growth) Operating Margin: 47.5%, up from 46.4% in the same quarter last year Market Capitalization: $1.96 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matthew Carletti (Citizens Capital) asked about the stability of the primary insurance environment in Florida. EVP Karin Coleman responded that premium levels have remained stable and are expected to stay that way across all carriers. Matthew Carletti (Citizens Capital) questioned why HCI started the new Fortex Reinsurance instead of expanding the use of Claddaugh. Coleman explained that multiple reinsurance vehicles provide additional flexibility to adapt to changing market conditions. Matthew Carletti (Citizens Capital) inquired about potential Exzeo-like growth opportunities. CEO Paresh Patel clarified these are insurance-related but not limited to homeowners, targeting broader industry value chain segments. Mark Hughes (Truist) sought clarity on the combined ratio target and its time frame. CFO Mark Harmsworth confirmed a 60% target, plus or minus 5%, with 57% achieved in Q1, and expects this level to persist barring major weather events. Michael Phillips (Oppenheimer) asked about the new E&S surplus lines initiativ...

Interested in HCI Group, Inc.? Here are five stocks we like better. HCI Group said it posted its best first quarter ever, with pre-tax income up 15% to $115 million, diluted EPS of $5.45, and total revenue rising more than 12% on stronger investment and other income. Profitability remained strong, with a 20% loss ratio and a 57% combined ratio, while management highlighted continued low claims, steady premiums, and a target combined ratio of 60% plus or minus 5 points. The company emphasized a much stronger balance sheet and ongoing capital returns, including more than $1 billion of stockholders’ equity, nearly $2 billion in cash and fixed-term securities, and $37.5 million in share buybacks under an $80 million authorization. Interest rates propel insurers' earnings to new highs HCI Group (NYSE:HCI) reported what executives described as its best first quarter ever, with higher revenue, expanded capital levels and continued share repurchases, according to management comments on the company’s first-quarter 2026 earnings call. Chief Financial Officer Mark Harmsworth said pre-tax income increased 15% from the prior-year quarter to $115 million, while diluted earnings per share were $5.45. He said gross premiums earned rose just over 8%, reflecting the full effect of insurance assumptions completed in 2025. Total revenue increased slightly more than 12%, helped by higher investment income and other income. → Rocket Lab Posts Record Q1 Revenue, Raises Q2 Guidance 5 Undervalued Stocks To Secure Your High Yield Portfolio Harmsworth said the increase in other income reflected revenue generated by Exzeo and Griston from non-HCI business. He later told analysts that as Exzeo grows, its revenue will primarily appear in HCI’s consolidated “other income” line, which he said tripled quarter over quarter. HCI’s loss ratio for the quarter was 20%, roughly in line with the first quarter of 2025. Harmsworth attributed the result to continued low claims and litigation frequency. → MarketBeat Week in Review – 05/04 - 05/08 The company’s combined ratio was 57% in the quarter, matching the full-year 2025 level. Harmsworth said HCI is targeting a combined ratio of 60%, plus or minus 5 percentage points, based on its current business profile. In response to a question from Michael Phillips of Oppenheimer, Harmsworth clarified that the combined ratio target refers to an accident-yea...

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. HCI Group (HCI) is back in focus after reporting record first quarter earned premiums, net income and diluted EPS, alongside a US$80 million share repurchase program, as well as higher policies in force and net investment income. See our latest analysis for HCI Group. Despite record Q1 results and the new buyback plan, the share price has had a softer patch, with a year-to-date share price return of a 16.9% decline, while the 3-year total shareholder return of about 190% points to a very strong longer-term outcome. If earnings quality and capital returns have your attention, it can also be worth scanning other insurance and financials plays by checking out 19 top founder-led companies With record Q1 figures, a US$80 million buyback plan and the share price sitting below some analyst targets, the key question for you is whether HCI is on sale or if the market is already pricing in future growth. On a P/E of 6.8x, HCI looks inexpensive compared with both peers and its own estimated fair valuation, given the last close price of $152.82. The P/E ratio compares the share price to earnings per share, so a lower P/E can indicate the market is placing a lower value on each dollar of earnings. For an insurer that has reported high quality earnings and a strong recent profit profile, that kind of discount stands out. HCI is described as trading at good value versus peers and the wider industry, with the 6.8x P/E below the peer average of 10.1x and below the US Insurance industry average of 11.4x. It also sits under an estimated fair P/E of 9.8x, a level the market could potentially move toward if sentiment and earnings expectations stay aligned with current fundamentals. Explore the SWS fair ratio for HCI Group On top of the multiples view, the SWS DCF model suggests even more room between price and underlying cash flows, with HCI at $152.82 compared with an estimated future cash flow value of $793.22. The model projects future cash flows and discounts them back to today, which can be useful for a company with established earnings and a long operating history in property and casualty insurance. Look into how the SWS DCF model arrives at its fair value. Result: Price-to-Earnings of 6.8x (UNDERVALUED)...

Pre-Tax Income of $115 Million Diluted EPS of $5.45 Gross Loss Ratio of 20.1% TAMPA, Fla., May 06, 2026 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), reported pre-tax income of $115 million and net income of $85 million in the first quarter of 2026 compared with pre-tax income of $100 million and net income of $74 million in the first quarter of 2025. Net income after noncontrolling interests in the first quarter of 2026 was $73 million compared with $70 million in the first quarter of 2025. Diluted earnings per share were $5.45 in the first quarter of 2026 compared with $5.35 diluted earnings per share in the first quarter of 2025. Management Commentary “HCI Group had an excellent start to 2026, delivering record first quarter results for earned premiums, net income and earnings per share,” said HCI Group Chairman and Chief Executive Officer Paresh Patel. “Moving forward, we plan to continue using our earnings to buy back stock while strengthening our balance sheet as we prepare for the next transformational opportunity.” First Quarter 2026 Results Gross premiums earned in the first quarter of 2026 were $326 million compared with $300 million in the first quarter of 2025. The increase was driven by a higher volume of insurance policies in force. Premiums ceded for reinsurance in the first quarter of 2026 were $104 million compared with $100 million in the first quarter of 2025. The increase was driven by a higher volume of insurance policies in force. Net investment income in the first quarter of 2026 was $17 million compared with $14 million in the first quarter of 2025. The increase was driven by growth in invested assets. Losses and loss adjustment expenses in the first quarter of 2026 were $66 million compared with $59 million in the first quarter of 2025. The increase was driven by a higher volume of policies in force as well as some weather in the Northeast. The gross loss and loss adjustment expense ratio for the first quarter of 2026 was 20.1%. Policy acquisition and other underwriting expenses in the first quarter of 2026 were $32 million compared with $27 million in the first quarter of 2025. The increase was driven by a greater amount of premiums in force. Share Repurchase On March 3, 2026, HCI Group announced a share repurchase program to repurchase up to $80 million of shares of HCI common stock through February 27, 2027. In the first quarter...

Insurance and technology company HCI Group (NYSE:HCI) fell short of the market’s revenue expectations in Q1 CY2026, but sales rose 12.2% year on year to $242.9 million. Its GAAP profit of $5.45 per share was 10.3% above analysts’ consensus estimates. Is now the time to buy HCI Group? Find out in our full research report. Net Premiums Earned: $222.2 million vs analyst estimates of $218.9 million (10.7% year-on-year growth, 1.5% beat) Revenue: $242.9 million vs analyst estimates of $245.5 million (12.2% year-on-year growth, 1.1% miss) Pre-tax Profit: $115.4 million (47.5% margin) EPS (GAAP): $5.45 vs analyst estimates of $4.94 (10.3% beat) Book Value per Share: $84.41 vs analyst estimates of $81.50 (73.9% year-on-year growth, 3.6% beat) Market Capitalization: $2.01 billion Management Commentary“HCI Group had an excellent start to 2026, delivering record first quarter results for earned premiums, net income and earnings per share,” said HCI Group Chairman and Chief Executive Officer Paresh Patel. Starting as a Florida "take-out" insurer that assumed policies from the state-backed Citizens Property Insurance Corporation, HCI Group (NYSE:HCI) provides property and casualty insurance, primarily homeowners coverage, while leveraging proprietary technology to improve underwriting and claims processing. Big picture, insurers generate revenue from three key sources. The first is the core business of underwriting policies. The second source is income from investing the “float” (premiums collected upfront not yet paid out as claims) in assets such as fixed-income assets and equities. The third is fees from various sources such as policy administration, annuities, or other value-added services. Luckily, HCI Group’s revenue grew at an incredible 21.5% compounded annual growth rate over the last five years. Its growth surpassed the average insurance company and shows its offerings resonate with customers, a great starting point for our analysis. Long-term growth is the most important, but within financials, a half-decade historical view may miss recent interest rate changes and market returns. HCI Group’s annualized revenue growth of 21.5% over the last two years aligns with its five-year trend, suggesting its demand was predictably strong. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the r...

HCI Group (HCI) came out with quarterly earnings of $5.45 per share, beating the Zacks Consensus Estimate of $5.13 per share. This compares to earnings of $5.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.24%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $4.87 per share when it actually produced earnings of $7.25, delivering a surprise of +48.87%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. HCI Group, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $242.88 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 3.35%. This compares to year-ago revenues of $216.43 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. HCI Group shares have lost about 19.3% since the beginning of the year versus the S&P 500's gain of 6%. While HCI Group has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for HCI Group was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today...

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported earnings of $73.4 million in its first quarter. On a per-share basis, the Tampa, Florida-based company said it had profit of $5.45. The property and casualty insurance holding company posted revenue of $242.9 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCI at https://www.zacks.com/ap/HCI

HCI Group (HCI) reported $242.88 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 12.2%. EPS of $5.45 for the same period compares to $5.35 a year ago. The reported revenue represents a surprise of -3.35% over the Zacks Consensus Estimate of $251.3 million. With the consensus EPS estimate being $5.13, the EPS surprise was +6.24%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how HCI Group performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net investment income: $17.3 million versus $15.06 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +25.8% change. Policy fee income: $1.58 million versus the two-analyst average estimate of $1.51 million. The reported number represents a year-over-year change of -29.3%. Net premiums earned: $222.15 million versus $227 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.7% change. Other: $3.02 million versus $0.61 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +579.7% change. View all Key Company Metrics for HCI Group here>>> Shares of HCI Group have returned +0.1% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report HCI Group, Inc. (HCI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

American Coastal Insurance (ACIC) came out with quarterly earnings of $0.39 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -11.36%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of $0.42 per share when it actually produced earnings of $0.51, delivering a surprise of +21.43%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. American Coastal, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $71.22 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 6.01%. This compares to year-ago revenues of $72.2 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. American Coastal shares have lost about 7.8% since the beginning of the year versus the S&P 500's gain of 5.2%. While American Coastal has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for American Coastal was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near...

Axis Capital (AXS) came out with quarterly earnings of $3.42 per share, beating the Zacks Consensus Estimate of $3.23 per share. This compares to earnings of $3.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.99%. A quarter ago, it was expected that this insurance company would post earnings of $2.97 per share when it actually produced earnings of $3.25, delivering a surprise of +9.43%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Axis Capital, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $1.67 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.38%. This compares to year-ago revenues of $1.55 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Axis Capital shares have lost about 6.3% since the beginning of the year versus the S&P 500's gain of 4.3%. While Axis Capital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Axis Capital was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Ra...

TAMPA, Fla., April 24, 2026 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI) has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 18, 2026 to shareholders of record at the close of business May 15, 2026. About HCI Group, Inc. HCI Group, Inc. is a diversified holding company engaged in insurance, reinsurance, real estate, claims services, and insurance technology. The HCI Group portfolio of companies includes multiple property and casualty insurance companies and exchanges, a captive reinsurer, a claims management business, a commercial real estate investment company, and a leading insurance technology company, Exzeo Group, Inc. HCI's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company’s website. For more information about HCI Group and its subsidiaries, visit www.hcigroup.com. Exzeo’s common shares trade on the New York Stock Exchange under the ticker symbol “XZO.” For more information about Exzeo, visit www.exzeo.com. Forward-Looking Statements This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “confident,” “prospects” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. There can be no assurance, for example, that changes in the company’s cash flow and cash balances will not impact the ability or willingness of HCI Group to pay a dividend. Some of these risks and uncertainties are identified in the company’s filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company’s business, financial condition and results of operations. HCI Group, Inc. disclaims all obligations to update any forward-looking statements. Company Contact: Nat Otis Investor Relations HCI Group, Inc. Tel (813) 355-5341 notis@...