Alert: New Earnings Report (5/8/24)-HCI Group Inc (NYSE: HCI).

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HCI Group Inc (NYSE: HCI) has reported E.P.S. of $4.76 for its first fiscal quarter (ending March 31) versus $1.78 for the same period a year ago — an increase of 167%. Relative to the consensus estimate of $3.19, this was a premium of $1.57. For the latest four quarters through March 31, E.P.S. were $12.05 compared to $-4.74 a year ago.

Recent Price Action

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HCI Group Inc (NYSE: HCI) stock closed at $115.26 on 5/8/24 after a large increase of 3.3%. Moreover, trading volume in this advance was above average at 131% of normal. The stock has risen 0.9% during the last week and has been exceptionally strong relative to 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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. HCI Group has a neutral Appreciation Score of 42 but a very high Power Rating of 100, leading to the Positive Value Trend Rating.

Rating Review

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

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