HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in the United States. It operates through Insurance Operations, TypTap Group, Reciprocal Exchange Operations, and Real Estate Operations segments. The company provides residential insurance products, such as homeowners, fire, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. It also owns and operates waterfront properties and retail shopping centers, and an office building, as well as commercial properties for investment purposes. In addition, the company designs and develops web-based applications and products, including SAMS, an online policy administration platform; Harmony, a policy administration platform; ClaimColony, an end-to-end claims management platform; and AtlasViewer, a mapping and data visualization platform. 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 | 10.7x | 0.0x | 10.1x | |
PEG Ratio | 0.33 | 0.00 | 0.03 | |
Price / Book | 2.6x | 0.0x | 1.0x | |
Price / LTM Sales | 2.6x | 0.0x | 2.9x | |
Upside (Analyst Target) | 49.8% | 0.0% | 11.5% | |
Fair Value Upside | Unlock | 0.0% | 1.6% | Unlock |