HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance business in the United States. The company operates through Insurance Operations, Exzeo, Reciprocal Exchange Operations, and Real Estate segments. It provides homeowners’ property and casualty insurance products; claim adjusting and processing services; turnkey insurance technology and operations solutions to property and casualty insurance carriers and its agents through the Exzeo platform; and SAMSTM, a web-based system designed to automate and streamline the process of managing insurance policies. The company also offers Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; AtlasViewer, a mapping and data visualization platform. In addition, it is involved in reciprocal exchange operations; and developing and operating commercial properties for investment purposes. The company was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida.
Financial Outlook | Analysts view HCI as undervalued, with price targets reaching $225. Learn about the company's robust financials, including a 23% return on equity and 9.67% revenue growth |
Market Positioning | Delve into HCI's competitive edge in Florida's reformed insurance landscape, benefiting from reduced litigation and fraud while maintaining strong customer retention |
Strategic Expansion | Explore HCI's growth strategy, including policy takeouts from Citizens and the planned IPO of its technology subsidiary Exzeo, set to unlock shareholder value |
Tech-Driven Insure | HCI Group leverages proprietary technology for superior underwriting, achieving a combined ratio of 62% and outperforming industry averages in the Florida market |
Metrics to compare | HCI | Sector Sector - Average of metrics from a broad group of related Financials sector companies | Relationship RelationshipHCIPeersSector | |
|---|---|---|---|---|
P/E Ratio | 7.0x | 0.0x | 10.0x | |
PEG Ratio | 0.04 | 0.00 | 0.03 | |
Price / Book | 1.9x | 0.0x | 1.0x | |
Price / LTM Sales | 2.2x | 0.0x | 2.9x | |
Upside (Analyst Target) | 58.5% | 0.0% | 12.8% | |
Fair Value Upside | Unlock | 0.0% | 1.5% | Unlock |