HCI Group: A Growth Stock Trading At Reasonable Levels In The P&C Insurance Industry
HCI(HCI) Seeking Alpha·2024-06-03 16:51
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 ...