Headquartered in Tampa, Florida, HCI Group, Inc., originally established in 2006 as Homeowners Choice, Inc. before its name change in May 2013, ...
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$1.60 per share
Est. EPS $2.89 · Revenue $247.78M · 2 analysts
Est. EPS $5.30 · Revenue $252.13M · 2 analysts
Est. EPS $18.73 · Revenue $978.07M · 3 analysts
$1.60 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $900.9M | +20.2% | +1.6% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $299.0M | +171.9% | +0.5% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +73.2% | +99.1% | -2.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +47.7% | +105.9% | -5.3% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +33.2% | +126.2% | -1.0% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $444.4M | +35.6% | -16.0% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +49.3% | +12.8% | -17.3% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 6.5% | -84.1% | +0.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.24x | — | -100.0% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $2.5B | +13.4% | +1.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 24.87 vs 20.50 | +21.3% | 5.60 vs 2.89 | +94.0% |
| Revenue Surprise | $900.9M vs $886.8M | +1.6% | $246.7M vs $247.8M | -0.5% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 11, 2026 | Madhu Sanjay | director | Common Stock | A | 750 | — |
| Jun 11, 2026 | Politis Gregory | director | Common Stock | A | 750 | — |
| Jun 11, 2026 | Politis Peter | director | Common Stock | A | 750 | — |
| Jun 11, 2026 | Watts Susan | director | Common Stock | A | 750 | — |
| Jun 11, 2026 | Burks Robert Wayne | director | Common Stock | A | 750 | — |
Operator: Good afternoon, and welcome to HCI Group's First Quarter 2026 Earnings Call. My name is Tom, and I will be your conference operator. [Operator Instructions] Before we begin today's call, I would like to remind everyone that this conference call is being recorded and will be available for replay through June 6, 2026, starting later today. The call is also being broadcast live via webcast and available via webcast replay until May 6, 2027, on the Investor Information section of HCI Group's website at www.hcigroup.com. I would now like to turn the call over to Nat Otis, HCI Investor Relations. Nat, please proceed. Nathaniel Otis: Thank you, and good afternoon. Welcome to HCI Group's First Quarter 2026 Earnings Call. To access today's webcast, please visit the Investor Information section of our corporate website at www.hcigroup.com. Before we begin, I'd like to take the opportunity to remind our listeners that today's presentation and responses to questions may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as anticipate, estimate, expect, intend, plan and project and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions, but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company's filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have materially adverse effects on the company's business, financial condition and results of operations. HCI Group disclaims all the obligations to update any forward-looking statements. Now with that, I'll turn the call over to Mark Harmsworth, Chief Financial Officer. Mark Harmsworth: Thanks, Nat. Good afternoon, everyone, and thank you for taking the time to join us on our call today. This was another fantastic quarter. Pretax income grew by 15% from the same quarter last year to $115 million and diluted earnings per share were $5.45. This was the best first quarter ever for us as we continue to grow the top line, the bottom line and return on equity. Gross premiums earned grew by just over 8%, reflecting the full impact of the assumptions we completed in 2025. Total revenue grew by just over 12% as investment income and other income grew significantly. The increase in other income reflects revenue that Exzeo and Griston are generating, non-HCI business. The loss ratio this quarter was 20%, about the same as the first quarter last year, reflecting continued low claims and litigation frequency. We've been talking about the combined ratio for a while now. With where the business is, we are targeting a combined ratio of 60%, plus or minus 5%. For the full year 2025, the combined ratio was about 57%, and it was 57% again this quarter, illustrating the quality of our …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Pareshbhai Suryakant Patel | Founder, Chairman, President & Chief Executive Officer | USD 8,236,000 | Male | 1963 | Active |
Karin Sue Coleman | COO & Director | USD 818,700 | Female | 1961 | Active |
James Mark Harmsworth | Chief Financial Officer | USD 767,162 | Male | 1964 | Active |
Andrew Lloyd Graham | Vice President, General Counsel & Company Secretary | USD 718,700 | Male | 1958 | Active |
Anthony Saravanos | President of Greenleaf Capital LLC & Real Estate Division and Director | USD 604,700 | Male | 1971 | Active |
Gregory Politis | Co-Founder & Lead Independent Director | USD 101,200 | Male | 1953 | Active |
Nathaniel Otis | Vice President of Investor Relations | — | Male | — | Active |
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
HCI Group (HCI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
HCI Group is rated a strong buy due to operational excellence, diversified insurance offerings, and significant undervaluation. HCI reported Q2 EPS of $5.60, beating expectations, with a gross loss ratio of 21.1% and $1.29 billion in premiums in force. My sum-of-the-parts analysis values HCI at $255.65/share, a 38.7% undervaluation, supported by resilient margins and ancillary business value.
The consensus price target hints at a 25.8% upside potential for HCI Group (HCI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
