1 day Ago By Defense World Staff
HCI Group, Inc. ( NYSE:HCI – Get Free Report ) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,140,000 shares, a decline of 5.
8% from the October 15th total of 1,210,000 shares. Based on an average trading volume of 158,700 shares, the short-interest ratio is presently 7.2 days.
Currently, 13.9% of the shares of the stock are sold short. HCI Group Stock Performance HCI stock opened at $109.
57 on Wednesday. The stock has a market cap of $1.15 billion, a P/E ratio of 9.
15 and a beta of 1.12. The company has a debt-to-equity ratio of 0.
40, a quick ratio of 0.47 and a current ratio of 0.47.
The firm has a 50 day simple moving average of $110.33 and a 200 day simple moving average of $100.33.
HCI Group has a 52 week low of $81.35 and a 52 week high of $124.00.
HCI Group Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, December 20th. Stockholders of record on Friday, November 15th will be paid a $0.40 dividend.
This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.46%.
The ex-dividend date of this dividend is Friday, November 15th. HCI Group’s dividend payout ratio (DPR) is presently 13.37%.
Institutional Trading of HCI Group Analyst Upgrades and Downgrades A number of analysts recently commented on the stock. JMP Securities reiterated a “market outperform” rating and issued a $145.00 target price on shares of HCI Group in a report on Tuesday, October 15th.
Oppenheimer upped their price target on HCI Group from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, November 8th.
StockNews.com lowered HCI Group from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. Truist Financial boosted their target price on HCI Group from $140.
00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, November 8th. Finally, Compass Point reaffirmed a “neutral” rating and set a $120.
00 target price (up from $119.00) on shares of HCI Group in a report on Monday, October 21st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock.
According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $140.00. Read Our Latest Stock Report on HCI HCI Group Company Profile ( Get Free Report ) HCI Group, Inc, together with its subsidiaries, engages in the property and casualty insurance, insurance management, reinsurance, real estate, and information technology businesses in Florida.
It provides residential insurance products, such as homeowners, fire, flood, and wind-only insurance to homeowners, condominium owners, and tenants for properties, as well as offers reinsurance programs. See Also Five stocks we like better than HCI Group NYSE Stocks Give Investors a Variety of Quality Options Super Micro Computer Soars 28%: Is It Really Out of the Woods? Biggest Stock Losers – Today’s Biggest Percentage Decliners Traders Are Flocking Back to Oil: What’s Fueling the Optimism What is the Euro STOXX 50 Index? 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for HCI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HCI Group and related companies with MarketBeat.com's FREE daily email newsletter .
.
