Alert: New Earnings Report (11/7/24)-HCI Group Inc (NYSE: HCI).

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HCI Group Inc (NYSE: HCI) has reported earnings for its third fiscal quarter (ending September 30) of $0.54 versus $1.53 for the same period a year ago — a decline of -65%. For the latest four quarters through September 30, E.P.S. were $14.73 versus $4.94 for the same period a year ago — an increase of 198%.

Recent Price Action

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HCI Group Inc (NYSE: HCI) stock declined modestly by -1.3% on 11/7/24. The stock closed at $115.47. Moreover, trading volume in this decline was unusually high at 152% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

HCI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

HCI Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. HCI Group has a neutral Appreciation Score of 57 and a neutral Power Rating of 45, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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