HCI Stock Recent News

HCI Group (HCI) reachead $85.58 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close.

TAMPA, Fla., July 08, 2024 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid September 20, 2024 to shareholders of record at the close of business August 16, 2024.

We have narrowed our search to five P&C insurers with strong potential for the rest of 2024. These stocks are: HCI, RLI, PLMR, PRA, ROOT.

HCI Group (HCI) reachead $91.54 at the closing of the latest trading day, reflecting a +1.35% change compared to its last close.

HCI Group (HCI) closed the most recent trading day at $92.11, moving -0.46% from the previous trading session.

Here is how HCI Group (HCI) and Jackson Financial (JXN) have performed compared to their sector so far this year.

Insurers like HCI Group (HCI), NMI Holdings (NMIH), Reinsurance Group of America (RGA) and Old Republic International (ORI) outperform the industry, the sector and the S&P 500 composite and look poised to retain the rally.

NMI Holdings, HCI, and Skyward Specialty have been highlighted in this Industry Outlook article.

Here, we present three value stocks, NMIH, HCI, SKWD, which are well-poised to benefit from better pricing, prudent underwriting and increased exposure despite a rise in catastrophe losses.

HCI Group (HCI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.