HCI Group Stock Falls Amid Market Uptick: Earnings Performance and Analyst Estimates in Focus.

HCI Group (HCI) stock fell 1.64% to $139.99, lagging the S&P 500's 0.61% gain. The company's earnings per share are projected to be $4.47, a 6.18% increase from the same quarter last year, and revenue is expected to be $218.5 million, a 5.94% escalation compared to the year-ago quarter. The Zacks Rank system, which has a track record of exceeding expectations, currently rates HCI Group as a #3 (Hold).

HCI Group (HCI) stock closed the most recent trading day at $139.99, marking a decline of 1.64% from the previous trading session. This performance lagged the S&P 500's gain of 0.61% for the day, with the Dow and tech-heavy Nasdaq also posting gains of 0.49% and 0.95%, respectively [1].

The property and casualty insurance holding company has experienced a more significant decline over the past month, with its stock falling by 8.69%, compared to the Finance sector's gain of 2.14% and the S&P 500's gain of 3.85% [1].

Investors are closely monitoring HCI Group's earnings performance, with the company expected to report earnings per share (EPS) of $4.47, representing a 6.18% increase from the same quarter last year. Additionally, revenue is projected to be $218.5 million, up 5.94% compared to the prior-year quarter [1].

Looking ahead, analysts are projecting full-year earnings of $15.54 per share and revenue of $887.81 million, marking changes of +109.72% and +18.37%, respectively, from last year [1]. These expectations are reflected in the Zacks Consensus Estimates.

The Zacks Rank system, which has a track record of exceeding expectations, currently rates HCI Group as a #3 (Hold) [1]. This rating suggests a neutral outlook, but investors should keep an eye on any recent revisions to analyst forecasts, which can provide insights into the company's near-term business trends.

Valuation-wise, HCI Group is trading at a Forward P/E ratio of 9.16, which is below the industry average of 11.89 [1]. The Insurance - Property and Casualty industry, part of the Finance sector, currently ranks in the top 34% of all industries, according to the Zacks Industry Rank [1].

Investors are encouraged to stay updated with HCI Group's stock performance and earnings reports, as well as any changes in analyst estimates, to make informed investment decisions.

References:
[1] https://www.nasdaq.com/articles/hci-group-hci-stock-falls-amid-market-uptick-what-investors-need-know
[2] https://finance.yahoo.com/news/hci-group-hci-falls-more-221503056.html