The latest trading session saw HCI Group (HCI) ending at $91.54, denoting a +1.35% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.16%. Elsewhere, the Dow gained 0.04%, while the tech-heavy Nasdaq added 0.49%.The property and casualty insurance holding company's shares have seen a decrease of 9.03% over the last month, not keeping up with the Finance sector's loss of 0.22% and the S&P 500's gain of 3.22%.The investment community will be paying clo ...

HCI Group (HCI) ended the recent trading session at $92.11, demonstrating a -0.46% swing from the preceding day's closing price. This change lagged the S&P 500's 0.25% loss on the day. Elsewhere, the Dow saw an upswing of 0.77%, while the tech-heavy Nasdaq depreciated by 0.79%.Prior to today's trading, shares of the property and casualty insurance holding company had lost 6.99% over the past month. This has lagged the Finance sector's loss of 1.89% and the S&P 500's gain of 3.59% in that time.The investment ...

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has HCI Group (HCI) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.HCI Group is a member of the Finance sector. This group includes 854 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank includes 16 different groups and is listed in ord ...

Better pricing, prudent underwriting and exposure growth have helped the insurance industry perform well. Redesigning and repricing of products and services to maintain sales and profitability, increased automation, prudent underwriting standards, and an improving rate environment are expected to drive premium growth and boost the industry’s efficiency.The insurance industry has outperformed the Zacks S&P 500 composite and the Finance sector in the past year. The insurance industry has rallied 21.4% in the ...

The Zacks Property and Casualty Insurance industry is currently undervalued compared with the Zacks S&P 500 composite and the Zacks Finance sector. The price-to-book (P/B) ratio, the best multiple for valuing insurers because of their unpredictable financial results, stands at 1.52, below the Zacks S&P 500 composite’s P/B of 6.46 and the sector’s P/B of 3.09. Such a market positioning hints at room for upside in the coming quarters.Before valuation expands, it is wise to add NMI Holdings (NMIH) , HCI Group ...

HCI Group (HCI) has been on a downward spiral lately with significant selling pressure. After declining 13.5% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier. Guide to Identifying Oversold Stocks We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock i ...

Wasan Tita The market environment remains favorable for the insurance industry, with companies reporting premiums and earnings growth. This has not been different for the HCI Group (NYSE:HCI), a Property and Casualty insurer focused on residential insurance products that has seen strong growth in written premiums growth over the last quarters. While HCI's stock price has surged nearly 80% over the past 12 months, in my view, valuations still seem at reasonable levels compared to a group of the largest compa ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about HCI Group (HCI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. HCI Group currently has an average broker ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. HCI Group (HCI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.HCI Group is one of 854 individual stocks in the Finance sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sect ...

Colorado State University (CSU) estimates an active hurricane season this year. The latest report published by CSU states that the 2024 hurricane season may have 23 named storms, including 11 hurricanes and five major hurricanes and be about 170% of the average season.The hurricane season typically starts in June and lasts through November, gathering strength in August and September. Thus, property and casualty insurers’ third-quarter results are affected the most.  Better pricing, prudent underwriting, inc ...