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TAMPA - HCI Group, Inc. (NYSE:HCI) announced Wednesday that its board of directors has declared a regular quarterly cash dividend of 40 cents per common share.
The dividend will be paid on September 19, 2025, to shareholders of record as of the close of business on August 15, 2025, according to a press release statement.
HCI Group is a holding company with two main operating units. The first unit comprises four insurance companies, a captive reinsurance company, and operations in claims management and real estate. The second unit, Exzeo Group, focuses on insurance technology, utilizing advanced underwriting algorithms and data analytics. The company has demonstrated strong performance with revenue growth of 21% and maintains a healthy P/E ratio of 11.6.
The company’s common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index.
HCI Group has maintained its dividend payment schedule, continuing its practice of returning value to shareholders through regular cash distributions.
In other recent news, HCI Group reported strong first-quarter earnings for 2025, with an earnings per share (EPS) of $5.35, surpassing the forecast of $4.83. The company’s gross earned premiums grew by 17% year-over-year, and shareholder equity increased by nearly $70 million during the quarter. Despite these positive financial results, the stock saw a decline of 3.14% in aftermarket trading. Additionally, HCI Group’s strategic initiatives include a planned spin-off of its Exeo business segment, which is anticipated to become a standalone public company. Analyst Matthew Carletti from Citizens JMP raised the company’s stock price target from $210 to $225, citing renewed confidence in HCI Group’s operations and the potential of Exeo. The analyst maintained a Market Outperform rating and highlighted the company’s undervaluation. Previously, JMP Securities had also raised the price target to $210, following HCI Group’s first-quarter earnings that exceeded expectations, with an EPS of $5.21 against an estimate of $4.75.
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