The stock of HCI Group Inc (NYSE:HCI) is a huge mover today! About 588,949 shares traded hands or 650.83% up from the average. HCI Group Inc (NYSE:HCI) has declined 13.73% since March 3, 2016 and is downtrending. It has underperformed by 22.07% the S&P500.
The move comes after 7 months negative chart setup for the $263.46 million company. It was reported on Oct, 6 by Barchart.com. We have $23.38 PT which if reached, will make NYSE:HCI worth $26.35 million less.
Analysts await HCI Group Inc (NYSE:HCI) to report earnings on November, 1.
HCI Group Inc (NYSE:HCI) Ratings Coverage
Out of 4 analysts covering HCI Group Inc (NYSE:HCI), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. HCI Group Inc has been the topic of 6 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Tuesday, October 20 the stock rating was upgraded by JMP Securities to “Market Outperform”. The stock of HCI Group Inc (NYSE:HCI) has “Buy” rating given on Tuesday, August 18 by Zacks. The rating was upgraded by Zacks on Tuesday, August 4 to “Hold”. On Monday, December 28 the stock rating was initiated by Piper Jaffray with “Overweight”.
According to Zacks Investment Research, “HCI Group, Inc. is a holding company that conducts its business activities through its subsidiaries. It is engaged in diverse business activities, including property and casualty insurance, information technology, real estate and reinsurance. The company, through its largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., provides property and casualty insurance. Its insurance product includes property and casualty homeowners insurance, condominium-owners’ insurance and tenants insurance to individuals owning property. HCI Group, Inc., formerly known as Homeowners Choice, Inc., is headquartered in Tampa, Florida.”
More recent HCI Group Inc (NYSE:HCI) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on June 13, 2011. Also Quotes.Wsj.com published the news titled: “News HCI Group Inc.HCI” on October 26, 2012. Globenewswire.com‘s news article titled: “HCI Group Appoints Former E.W. Blanch CEO, Ted Blanch, as President of TypTap” with publication date: June 06, 2016 was also an interesting one.
HCI Company Profile
HCI Group, Inc. (HCI), incorporated on November 30, 2006, is a holding company. The Firm is engaged in providing property and casualty insurance to homeowners, condominium owners, and tenants in the state of Florida through its subsidiaries. The Firm operates through property and casualty insurance activities segment. The Company’s activities include Insurance Operations and Other Operations. The Company’s Insurance Operations include property and casualty insurance, and reinsurance. HCI’s Other Operations include information technology (IT) and real estate.
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