(HCI) HCI - Overview

Sector: Financial Services | Industry: Insurance - Property & Casualty | Exchange: NYSE (USA) | Market Cap: 2.023m USD | Total Return: -3.5% in 12m

Property Insurance, Claims Software, Real Estate, Policy Administration
Total Rating 44
Safety 70
Buy Signal -0.83
Insurance - Property & Casualty
Industry Rotation: +1.7
Market Cap: 2.02B
Avg Turnover: 23.9M
Risk 3d forecast
Volatility34.6%
VaR 5th Pctl5.87%
VaR vs Median2.84%
Reward TTM
Sharpe Ratio-0.04
Rel. Str. IBD23.4
Rel. Str. Peer Group37.5
Character TTM
Beta0.444
Beta Downside0.198
Hurst Exponent0.523
Drawdowns 3y
Max DD28.30%
CAGR/Max DD1.59
CAGR/Mean DD4.61
EPS (Earnings per Share) EPS (Earnings per Share) of HCI over the last years for every Quarter: "2021-03": 0.77, "2021-06": 0.11, "2021-09": -0.64, "2021-12": -0.14, "2022-03": 0.34, "2022-06": -0.71, "2022-09": -5.62, "2022-12": 0.06, "2023-03": 1.5, "2023-06": 1.22, "2023-09": 1.41, "2023-12": 3.22, "2024-03": 3.65, "2024-06": 4.21, "2024-09": 0.47, "2024-12": 0.31, "2025-03": 5.35, "2025-06": 5.18, "2025-09": 4.9, "2025-12": 7.25, "2026-03": 5.45,
Last SUE: 0.47
Qual. Beats: 0
Revenue Revenue of HCI over the last years for every Quarter: 2021-03: 94.112, 2021-06: 99.957, 2021-09: 97.612, 2021-12: 110.87, 2022-03: 125.273, 2022-06: 125.399, 2022-09: 125.389, 2022-12: 115.927, 2023-03: 128.476, 2023-06: 127.338, 2023-09: 131.538, 2023-12: 162.657, 2024-03: 206.419, 2024-06: 206.355, 2024-09: 175.238, 2024-12: 161.442, 2025-03: 217.059, 2025-06: 221.952, 2025-09: 216.401, 2025-12: 246.243, 2026-03: 242.882,
Rev. CAGR: 25.34%
Rev. Trend: 96.5%
Last SUE: -0.03
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: HCI HCI

HCI Group, Inc. is a Florida-based insurance holding company specializing in property and casualty insurance. Its operations are diversified across four primary segments: Insurance Operations, Exzeo, Reciprocal Exchange Operations, and Real Estate. The company provides homeowners insurance products alongside a suite of proprietary technology platforms, including SAMSTM and Harmony, which automate policy administration and claims processing.

The company utilizes a vertically integrated business model, managing internal claim adjusting services and developing custom software to reduce third-party reliance. In the Florida property and casualty market, insurers often face high volatility due to catastrophe exposure, necessitating robust reinsurance programs to manage risk. HCI Group further mitigates risk by operating a reciprocal exchange, an organizational structure where policyholders underwrite each others risks through a non-incorporated entity managed by the parent company.

Investors can further evaluate these operational segments and financial metrics by visiting ValueRay. HCI Group’s real estate division focuses on commercial properties for investment, providing a tangible asset base that contrasts with its technology-driven insurance services.

Headlines to Watch Out For
  • Florida Citizens policy assumptions drive rapid premium growth and market share gains
  • Catastrophic hurricane events impact loss ratios and reinsurance program pricing stability
  • Transition to reciprocal exchange model reduces capital requirements and increases fee income
  • Proprietary Exzeo technology platform improves operational efficiency and lowers underwriting expense ratios
  • Regulatory changes in Florida property insurance market influence long-term profitability outlook
Piotroski VR-10 (Strict) 7.5
Net Income: 302.7m TTM > 0 and > 6% of Revenue
FCF/TA: 0.15 > 0.02 and ΔFCF/TA 7.95 > 1.0
NWC/Revenue: -26.18% < 20% (prev 52.99%; Δ -79.18% < -1%)
CFO/TA 0.19 > 3% & CFO 432.2m > Net Income 302.7m
Net Debt (-949.1m) to EBITDA (462.5m): -2.05 < 3
Current Ratio: 0.82 > 1.5 & < 3
Outstanding Shares: last quarter (12.9m) vs 12m ago 1.55% < -2%
Gross Margin: 66.54% > 18% (prev 0.40%; Δ 6.61k% > 0.5%)
Asset Turnover: 40.09% > 50% (prev 32.95%; Δ 7.14% > 0%)
Interest Coverage Ratio: 67.37 > 6 (EBITDA TTM 462.5m / Interest Expense TTM 6.69m)
Altman Z'' 2.07
A: -0.10 (Total Current Assets 1.08b - Total Current Liabilities 1.32b) / Total Assets 2.32b
B: 0.29 (Retained Earnings 679.7m / Total Assets 2.32b)
C: 0.19 (EBIT TTM 451.1m / Avg Total Assets 2.31b)
D: 0.47 (Book Value of Equity 675.2m / Total Liabilities 1.43b)
Altman-Z'' = 2.07 = BBB
Beneish M -2.71
DSRI: 0.08 (Receivables 60.4m/590.1m, Revenue 927.5m/760.1m)
GMI: 0.60 (GM 66.54% / 39.66%)
AQI: 3.25 (AQ_t 0.52 / AQ_t-1 0.16)
SGI: 1.22 (Revenue 927.5m / 760.1m)
TATA: -0.06 (NI 302.7m - CFO 432.2m) / TA 2.32b)
Beneish M = -2.71 (Cap -4..+1) = A
What is the price of HCI shares?

As of May 26, 2026, the stock is trading at USD 157.79 with a total of 160,300 shares traded.
Over the past week, the price has changed by +0.89%, over one month by +1.86%, over three months by -3.24% and over the past year by -3.51%.

Is HCI a buy, sell or hold?

HCI has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy HCI.

  • StrongBuy: 4
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the HCI price?
Analysts Target Price 245 55.3%
HCI (HCI) - Fundamental Data Overview as of 22 May 2026
Market Cap USD = 2.02b (2.02b USD * 1.0 USD.USD)
P/E Trailing = 6.9443
P/E Forward = 9.5785
P/S = 2.1812
P/B = 1.8575
P/EG = 0.9739
Revenue TTM = 927.5m USD
EBIT TTM = 451.1m USD
EBITDA TTM = 462.5m USD
Long Term Debt = 31.7m USD (from longTermDebt, last quarter)
Short Term Debt = 36.0m USD (from shortLongTermDebt, last quarter)
Debt = 68.7m USD (from shortLongTermDebtTotal, last quarter) + Leases 997k
Net Debt = -949.1m USD (calculated: Debt 68.7m - CCE 1.02b)
Enterprise Value = 1.07b USD (2.02b + Debt 68.7m - CCE 1.02b)
Interest Coverage Ratio = 67.37 (Ebit TTM 451.1m / Interest Expense TTM 6.69m)
EV/FCF = 3.16x (Enterprise Value 1.07b / FCF TTM 340.1m)
FCF Yield = 31.68% (FCF TTM 340.1m / Enterprise Value 1.07b)
FCF Margin = 36.67% (FCF TTM 340.1m / Revenue TTM 927.5m)
Net Margin = 32.64% (Net Income TTM 302.7m / Revenue TTM 927.5m)
Gross Margin = 66.54% ((Revenue TTM 927.5m - Cost of Revenue TTM 310.3m) / Revenue TTM)
Gross Margin QoQ = 72.99% (prev 78.91%)
Tobins Q-Ratio = 0.46 (Enterprise Value 1.07b / Total Assets 2.32b)
Interest Expense / Debt = 9.75% (Interest Expense 6.69m / Debt 68.7m)
Taxrate = 26.30% (30.3m / 115.4m)
NOPAT = 332.5m (EBIT 451.1m * (1 - 26.30%))
Current Ratio = 0.80 (Total Current Assets 1.08b / Total Current Liabilities 1.35b)
Debt / Equity = 0.06 (Debt 68.7m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = -2.05 (Net Debt -949.1m / EBITDA 462.5m)
Debt / FCF = -2.79 (Net Debt -949.1m / FCF TTM 340.1m)
Total Stockholder Equity = 927.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 13.09% (Net Income 302.7m / Total Assets 2.32b)
RoE = 32.64% (Net Income TTM 302.7m / Total Stockholder Equity 927.6m)
RoCE = 47.02% (EBIT 451.1m / Capital Employed (Equity 927.6m + L.T.Debt 31.7m))
RoIC = 14.84% (NOPAT 332.5m / Invested Capital 2.24b)
WACC = 7.53% (E(2.02b)/V(2.09b) * Re(7.54%) + D(68.7m)/V(2.09b) * Rd(9.75%) * (1-Tc(0.26)))
Discount Rate = 7.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.71 | Cagr: 5.37%
[DCF] Terminal Value 77.97% ; FCFF base≈266.0m ; Y1≈304.9m ; Y5≈448.8m
[DCF] Fair Price = 603.4 (EV 6.75b - Net Debt -949.1m = Equity 7.70b / Shares 12.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.47 | # QB: 0
Revenue Correlation: 96.46 | Revenue CAGR: 25.34% | SUE: -0.03 | # QB: 0
EPS current Quarter (2026-06-30): EPS=4.89 | Chg30d=-2.40% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.86 | Chg30d=-27.91% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=16.66 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=-26.7% | GrowthRev=+6.5%
EPS next Year (2027-12-31): EPS=18.07 | Chg30d=+0.00% | Revisions=N/A | GrowthEPS=+8.5% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: +20%