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In the latest close session, HCI Group (HCI - Free Report) was up +1.31% at $150.57. This change outpaced the S&P 500's 0.8% gain on the day. At the same time, the Dow added 0.94%, and the tech-heavy Nasdaq gained 0.97%.
Shares of the property and casualty insurance holding company witnessed a loss of 8.56% over the previous month, trailing the performance of the Finance sector with its gain of 2.69%, and the S&P 500's gain of 5.12%.
The upcoming earnings release of HCI Group will be of great interest to investors. The company's upcoming EPS is projected at $4.47, signifying a 6.18% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $218.5 million, up 5.94% from the prior-year quarter.
HCI's full-year Zacks Consensus Estimates are calling for earnings of $15.54 per share and revenue of $887.81 million. These results would represent year-over-year changes of +109.72% and +18.37%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for HCI Group. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, HCI Group holds a Zacks Rank of #2 (Buy).
Looking at its valuation, HCI Group is holding a Forward P/E ratio of 9.56. This signifies a discount in comparison to the average Forward P/E of 11.61 for its industry.
The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 59, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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HCI Group (HCI) Laps the Stock Market: Here's Why
In the latest close session, HCI Group (HCI - Free Report) was up +1.31% at $150.57. This change outpaced the S&P 500's 0.8% gain on the day. At the same time, the Dow added 0.94%, and the tech-heavy Nasdaq gained 0.97%.
Shares of the property and casualty insurance holding company witnessed a loss of 8.56% over the previous month, trailing the performance of the Finance sector with its gain of 2.69%, and the S&P 500's gain of 5.12%.
The upcoming earnings release of HCI Group will be of great interest to investors. The company's upcoming EPS is projected at $4.47, signifying a 6.18% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $218.5 million, up 5.94% from the prior-year quarter.
HCI's full-year Zacks Consensus Estimates are calling for earnings of $15.54 per share and revenue of $887.81 million. These results would represent year-over-year changes of +109.72% and +18.37%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for HCI Group. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. As of now, HCI Group holds a Zacks Rank of #2 (Buy).
Looking at its valuation, HCI Group is holding a Forward P/E ratio of 9.56. This signifies a discount in comparison to the average Forward P/E of 11.61 for its industry.
The Insurance - Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 59, positioning it in the top 24% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.