HCI Group (NYSE:HCI) Stock Price Expected to Rise, Truist Financial Analyst Says

HCI Group (NYSE:HCI) had its target price lifted by Truist Financial from $235.00 to $245.00 in a research note issued on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the insurance provider’s stock. Truist Financial‘s price objective would indicate a potential upside of 31.75% from the stock’s current price.

A number of other analysts have also commented on the company. Zacks Research upgraded HCI Group from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Citizens Jmp raised their target price on HCI Group from $265.00 to $280.00 and gave the company a “market outperform” rating in a research report on Thursday. Weiss Ratings cut HCI Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Cantor Fitzgerald assumed coverage on shares of HCI Group in a report on Thursday, July 9th. They issued an “overweight” rating and a $225.00 price target on the stock. Finally, Citigroup restated a “market outperform” rating on shares of HCI Group in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $250.00.

HCI Group Stock Down 3.2%

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

HCI Group (NYSE:HCI) last announced its earnings results on Wednesday, November 4th. The insurance provider reported $6.45 EPS for the quarter, beating the consensus estimate of $4.96 by $1.49. HCI Group had a net margin of 32.60% and a return on equity of 28.80%. The company had revenue of $244.91 million during the quarter, compared to the consensus estimate of $247.75 million. Equities analysts predict that HCI Group will post 21.04 EPS for the current year.

Hedge Funds Weigh In On HCI Group

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new position in HCI Group in the 2nd quarter worth $323,098,000. Dimensional Fund Advisors LP grew 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 buying an additional 36,348 shares during the last quarter. Allspring Global Investments Holdings LLC grew 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 buying an additional 88,553 shares during the last quarter. Freestone Grove Partners LP purchased a new position in shares of HCI Group in the second quarter worth about $30,766,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of HCI Group by 2,944.0% in the first quarter. Arrowstreet Capital Limited Partnership now owns 116,858 shares of the insurance provider’s stock worth $18,067,000 after buying an additional 113,019 shares during the period. 86.99% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting HCI Group

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.