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.
Tech-Driven Insure | HCI Group leverages proprietary technology for superior underwriting, maintaining a combined ratio of 70% and outperforming industry averages in the Florida market |
Exzeo Spin-off Strategy | Explore HCI's plans to unlock shareholder value through a tax-free spin-off of its high-growth technology business, Exzeo, by the end of 2025 |
Market Opportunities | Learn how recent Florida legislative reforms create a favorable environment for HCI, potentially leading to profitable takeouts and improved loss ratios |
Analyst Projections | Delve into analyst perspectives, with price targets ranging from $165 to $225, and a bull case scenario of $350 per share contingent on Exzeo's growth |
Metrics to compare | HCI | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipHCIPeersSector | |
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P/E Ratio | 15.6x | 10.7x | 9.7x | |
PEG Ratio | −1.31 | 0.81 | 0.03 | |
Price/Book | 2.8x | 2.1x | 1.0x | |
Price / LTM Sales | 2.8x | 1.9x | 2.9x | |
Upside (Analyst Target) | 19.4% | 9.7% | 9.5% | |
Fair Value Upside | Unlock | −10.9% | 0.7% | Unlock |