HCI Group Inc (NYSE: HCI) is 24.43% higher on its value in year-to-date trading and has touched a low of $83.64 and a high of $151.88 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HCI stock was last observed hovering at around $139.97 in the last trading session, with the day’s gains setting it 5.03%.
Currently trading at $145.00, the stock is 2.28% and 9.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 3.59% at the moment leaves the stock 29.06% off its SMA200. HCI registered 25.73% gain for a year compared to 6-month gain of 49.10%. The firm has a 50-day simple moving average (SMA 50) of $132.2748 and a 200-day simple moving average (SMA200) of $112.34735.
The stock witnessed a 4.08% loss in the last 1 month and extending the period to 3 months gives it a 26.56%, and is -2.19% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.69% over the week and 4.07% over the month.
HCI Group Inc (HCI) has around 564 employees, a market worth around $1.56B and $750.05M in sales. Current P/E ratio is 16.49 and Fwd P/E is 10.19. Profit margin for the company is 14.18%. Distance from 52-week low is 73.35% and -4.53% from its 52-week high. The company has generated returns on investments over the last 12 months (16.64%).
with sales reaching $214.89M over the same period.The EPS is expected to grow by 72.20% this year, but quarterly earnings will post 17.38% year-over-year. Quarterly sales are estimated to grow 4.01% in year-over-year returns.
281.0 institutions hold shares in HCI Group Inc (HCI), with institutional investors hold 113.13% of the company’s shares. The shares outstanding are 10.77M, and float is at 8.43M with Short Float at 17.00%. Institutions hold 88.98% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.23 million shares valued at $112.97 million. The investor’s holdings represent 12.2063 of the HCI Shares outstanding. As of 2024-06-30, the second largest holder is HOOD RIVER CAPITAL MANAGEMENT LLC with 0.77 million shares valued at $70.74 million to account for 7.6441 of the shares outstanding. The other top investors are DRIEHAUS CAPITAL MANAGEMENT LLC which holds 0.67 million shares representing 6.655 and valued at over $61.59 million, while KHROM CAPITAL MANAGEMENT LLC holds 5.8481 of the shares totaling 0.59 million with a market value of $54.12 million.
HCI Group Inc (HCI) Insider Activity
The most recent transaction is an insider purchase by Patel Paresh, the company’s Chief Executive Officer. SEC filings show that Patel Paresh bought 500 shares of the company’s common stock on Apr 11 ’24 at a price of $111.00 per share for a total of $55500.0. Following the purchase, the insider now owns 0.35 million shares.
