4 - HCI Group, Inc. (0001400810) (Issuer)

4 - HCI Group, Inc. (0001400810) (Issuer)

TAMPA, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) has successfully completed its catastrophe reinsurance programs for the 2025-2026 treaty year, which runs from June 1, 2025 through May 31, 2026. "We are grateful for the strong support from our global reinsurance partners, whose continued confidence in HCI underscores the quality of our underwriting and our disciplined approach to risk," said Paresh Patel, HCI's chairman and chief executive officer. "We believe our reinsurance programs are prudently structured to protect the long-term financial stability of our insurance companies. With the reinsurance placement now finalized, we are well-positioned to pursue strat

First Quarter Diluted EPS of $5.35First Quarter Pre-Tax Income of $100.3 millionExzeo Ready to be Standalone Company TAMPA, Fla., May 08, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) reported pre-tax income of $100.3 million and net income of $74.2 million for the first quarter of 2025. Net income after noncontrolling interests was $69.7 million compared with $47.6 million in the first quarter of 2024. Diluted earnings per share were $5.35 in the first quarter of 2025, compared with $3.81 diluted earnings per share, in the first quarter of 2024. Management Commentary"HCI Group had a terrific first quarter," said HCI Group Chairman and Chief Executive Officer Paresh

TAMPA, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI) has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid June 20, 2025 to shareholders of record at the close of business May 16, 2025. About HCI Group, Inc.HCI Group is a holding company with two distinct operating units. The first unit includes four top-performing insurance companies, a captive reinsurance company, and operations in claims management and real estate. The second unit, called Exzeo Group, is a leading innovator of insurance technology that utilizes advanced underwriting algorithms and data analytics. Ex

TAMPA, Fla., April 22, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) will hold a conference call on Thursday, May 8, 2025, at 4:45 p.m. Eastern time to discuss results for the first quarter ended March 31, 2025. Financial results will be issued in a press release the same day after the close of the market. HCI management will host the presentation, followed by a question-and-answer period. Interested parties can listen to the live presentation by dialing the listen-only number below or by clicking the webcast link available on the Investor Information section of the company's website at www.hcigroup.com. Date: Thursday, May 8, 2025Time: 4:45 p.m. Eastern time (1:45 p.m. Pacific ti

TAMPA, Fla., April 21, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) will hold its Annual Meeting of Shareholders on Tuesday, June 10, 2025, at 3:00 p.m. Eastern time in the 1st Floor Auditorium of HCI's headquarters at 3802 Coconut Palm Drive, Tampa, Florida. Shareholders of record at the close of business on Monday, April 14, 2025, will be entitled to vote and attend the meeting. Items of business will include the following proposals: To elect Class B DirectorsTo ratify the appointment of external auditorsTo approve, on an advisory basis, the compensation of the named executive officersTo approve, on an advisory basis, of the frequency of votes on executive compensation. S

TAMPA, Fla., March 28, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) announced today that GEICO has signed a multi-year lease agreement to fully occupy a three building campus in Tampa, Florida owned as an investment property by Greenleaf Capital, the company's real-estate division. "We are excited to secure a long-term tenant who plans to bring more than 1,000 new jobs to our local community," said Paresh Patel, HCI's chairman and chief executive officer. Greenleaf acquired the office campus in 2023, which includes approximately 190,000 square feet of leasable space. HCI currently reports the office campus at a carrying value of approximately $17 million on its balance sheet. With

TAMPA, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) announced today a streamlined organizational structure to better align the long-term potential of the company. HCI will be organized into two distinct operating units, with each unit having defined management teams and operational objectives. "Each operating unit is financially strong, and we believe this new structure will enable both to pursue their growth and profitability objectives more effectively," said Paresh Patel, HCI's chairman and chief executive officer. "Our technology has a proven track record of delivering solid underwriting results and we believe this streamlined organizational structure will unl

Fourth Quarter Pre-Tax Income of $5.9 million and Diluted EPS of $0.23 Full Year 2024 Pre-Tax Income of $173.4 million and Diluted EPS of $8.89 TAMPA, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) reported pre-tax income of $5.9 million and net income of $4.1 million in the fourth quarter of 2024. Net income after noncontrolling interests was $2.6 million compared with $38.1 million in the fourth quarter of 2023. Diluted earnings per share were $0.23 in the fourth quarter of 2024, compared with $3.40 diluted earnings per share, in the fourth quarter of 2023. Adjusted net income (a non-GAAP measure which excludes net unrealized gains or losses on equity securities) fo

TAMPA, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that Tailrow Insurance Exchange, an HCI-sponsored reciprocal insurer with plans to write personal residential policies, has successfully assumed just under 14,000 policies from Citizens Property Insurance Corporation, Florida's state-backed insurance company. The policies assumed represent approximately $35 million of in-force premium. "We are excited to complete this assumption and officially commence operations at Tailrow. The technology we've built and our management expertise

TAMPA, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has declared a regular quarterly cash dividend in the amount of 40 cents per common share. The dividend is scheduled to be paid March 21, 2025 to shareholders of record at the close of business February 21, 2025. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, information technology services, insurance management, real estate, and reinsurance. HCI's leading insurance operat

Compass Point upgraded HCI Group from Neutral to Buy and set a new price target of $205.00

Compass Point downgraded HCI Group from Buy to Neutral and set a new price target of $120.00 from $119.00 previously

William Blair upgraded HCI Group from Mkt Perform to Outperform

Oppenheimer initiated coverage of HCI Group with a rating of Outperform and set a new price target of $100.00

William Blair initiated coverage of HCI Group with a rating of Mkt Perform

Compass Point initiated coverage of HCI Group with a rating of Buy and set a new price target of $56.00

Truist reiterated coverage of HCI Group with a rating of and set a new price target of $88.00 from $60.00 previously

Truist Securities reiterated coverage of HCI Group with a rating of Buy and set a new price target of $88.00 from $60.00 previously

JMP Securities reiterated coverage of HCI Group with a rating of Outperform and set a new price target of $100.00 from $90.00 previously

JMP Securities reiterated coverage of HCI Group with a rating of and set a new price target of $90.00 from $60.00 previously