hci group, inc. engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in florida. it provides residential insurance products, such as homeowners insurance, flood insurance, and wind-only insurance to homeowners, condominium owners, and tenants, as well as offers reinsurance programs. the company also owns and operates one full-service restaurant, marinas, waterfront property, retail shopping centres, office building, and vacant shopping centre for investment purposes. in addition, it designs and develops web-based applications and products for mobile devices, including sams and claimcolony applications. the company was formerly known as homeowners choice, inc. and changed its name to hci group, inc. in may 2013. hci group, inc. was founded in 2006 and is headquartered in tampa, florida.
Company profile
Ticker
HCI, HCIIP
Exchange
Website
CEO
Paresh Patel
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Homeowners Choice, Inc.
SEC CIK
Corporate docs
Subsidiaries
Homeowners Choice Property & Casualty Insurance Company, Inc. • Homeowners Choice Managers, Inc. • Claddaugh Casualty Insurance Company Ltd. • Cypress Property Management Services, Inc. • Cypress Claims Services, Inc. • Greenleaf Capital LLC • Omega Insurance Agency, Inc. • Southern Administration, Inc. • Enclave Services, Inc. • HCI Insurance Administration Services, Inc. ...
HCI stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
12 Mar 24
10-K
2023 FY
Annual report
8 Mar 24
POS AM
Prospectus update (post-effective amendment)
8 Mar 24
8-K
HCI Group Reports Fourth Quarter and Full Year 2023 Results
7 Mar 24
8-K
HCI Group Takes Strategic Steps To Better Position Company for Future Opportunities
26 Jan 24
S-3ASR
Automatic shelf registration
22 Jan 24
8-K
Other Events
10 Jan 24
8-K
HCI Group Announces Proposed Public Offering of Common Stock
7 Dec 23
424B5
Prospectus supplement for primary offering
7 Dec 23
424B5
Prospectus supplement for primary offering
6 Dec 23
Transcripts
HCI
Earnings call transcript
2023 Q4
7 Mar 24
HCI
Earnings call transcript
2023 Q3
7 Nov 23
HCI
Earnings call transcript
2023 Q2
8 Aug 23
HCI
Earnings call transcript
2023 Q1
9 May 23
HCI
Earnings call transcript
2022 Q4
9 Mar 23
HCI
Earnings call transcript
2022 Q3
11 Nov 22
HCI
Earnings call transcript
2022 Q2
12 Aug 22
HCI
Earnings call transcript
2022 Q1
8 May 22
HCI
Earnings call transcript
2021 Q4
9 Mar 22
HCI
Earnings call transcript
2021 Q3
10 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 327.01 mm | 327.01 mm | 327.01 mm | 327.01 mm | 327.01 mm | 327.01 mm |
Cash burn (monthly) | (no burn) | 2.63 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 17.52 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 309.48 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 117.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
8.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 15 |
Opened positions | 14 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 4.45 bn |
Total shares | 804.08 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Centerbridge Special Credit Partners III-Flex | 738.75 k | $42.75 mm |
Assenagon Asset Management | 16.21 k | $1.42 bn |
Baldwin Brothers | 13.40 k | $1.17 bn |
Ridgewood Investments | 10.85 k | $948.43 mm |
New York State Teachers Retirement System | 9.44 k | $825.00 k |
Range Financial | 6.72 k | $586.89 mm |
State of Alaska, Department of Revenue | 3.70 k | $323.00 k |
Cedar Brook Financial Partners | 2.35 k | $201.21 mm |
SG Americas Securities | 1.77 k | $155.00 k |
Nisa Investment Advisors | 716.00 | $62.58 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Patel Paresh | Common Stock | Buy | Acquire P | No | No | 111 | 500 | 55.50 k | 349,500 |
9 Apr 24 | Patel Paresh | Common Stock | Buy | Acquire P | No | No | 114.9 | 1,000 | 114.90 k | 349,000 |
8 Apr 24 | Saravanos Anthony | Common Stock | Sell | Dispose S | Yes | No | 116.78 | 20,873 | 2.44 mm | 30,000 |
5 Apr 24 | Saravanos Anthony | Common Stock | Sell | Dispose S | Yes | No | 115 | 3,160 | 363.40 k | 50,873 |
4 Apr 24 | Andrew L. Graham | Common Stock | Sell | Dispose S | Yes | No | 116.1005 | 2,839 | 329.61 k | 0 |
3 Apr 24 | Andrew L. Graham | Common Stock | Sell | Dispose S | Yes | No | 116.0265 | 235 | 27.27 k | 2,839 |
3 Apr 24 | Andrew L. Graham | Common Stock | Sell | Dispose S | No | No | 117.0061 | 29,008 | 3.39 mm | 21,819 |
News
4 High Earnings Yield Stocks to Buy Amid Market Uncertainty
17 Apr 24
Prudential Financial Up 25.9% in a Year: More Room to Run?
15 Apr 24
JMP Securities Reiterates Market Outperform on HCI Group, Maintains $120 Price Target
15 Apr 24
Insiders Buying America's Car-Mart And 2 Other Stocks
11 Apr 24
Demystifying HCI Group: Insights From 6 Analyst Reviews
5 Apr 24
Press releases
HCI Group Sets First Quarter 2024 Earnings Call for Wednesday, May 8, 2024, at 4:45 p.m. ET
11 Apr 24
HCI Group Sets 2024 Annual Shareholders Meeting and Record Date
26 Mar 24
HCI Group Sets Fourth Quarter and Full Year 2023 Earnings Call for Thursday, March 7 at 4:45 p.m. ET
31 Jan 24
HCI Group Declares Quarterly Cash Dividend
25 Jan 24
HCI Group Takes Strategic Steps to Better Position Company for Future Opportunities
22 Jan 24