Hci Group dividend yield – HCI Group Inc Declares 0.4 Cash Dividend
February 5, 2023
Dividends Yield
Hci Group dividend yield – On February 1 2023, HCI Group Inc declared a cash dividend of 0.4 USD per share. HCI Group Inc is a publicly traded company that provides insurance services, real estate services, investment management and other financial services to individuals and businesses. It is headquartered in Sarasota, Florida, USA and is listed on the Nasdaq Global Select Market under the ticker symbol HCI. For those looking for dividend stocks, HCI GROUP ($NYSE:HCI) may be a good option. During the past three years, it has issued an annual dividend per share of 1.6 USD. From 2020 to 2022, dividend yields were 1.92%, 1.79%, and 3.64% respectively, with an average of 2.45%.
The ex-dividend date for this stock is February 16 2023. This means that investors must purchase the stock before February 16 to be eligible to receive the dividend, as the stock’s price will drop by the amount of the dividend on this date. HCI Group Inc is an attractive option for investors looking for long-term growth, stability and income. The company is well-positioned to benefit from a rebound in the insurance industry and has a strong balance sheet and healthy cash flow that support its dividend payments. Moreover, the company has a proven track record of increasing its dividend payments, making it an attractive option for income-seeking investors.
Price History
The stock opened at $50.5 on Wednesday and closed at $49.9, representing a 0.6% decline from the previous closing price of $50.2. The dividend is part of HCI Group Inc.’s commitment to return capital to its shareholders through cash dividends and a share repurchase program. The company is headquartered in Tampa, Florida and has operations in the U.S., Europe and Asia. The dividend announcement was welcomed by investors and analysts alike, as the company’s long-term outlook remains positive despite the current economic uncertainty.
HCI Group Inc.’s management team is committed to creating long-term value for shareholders through its dividend program and share repurchase program. This dividend announcement serves as a reminder of the company’s commitment to its shareholders and its focus on delivering consistent returns over the long-term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Hci Group. More…
| Total Revenues | Net Income | Net Margin |
| 490.49 | -56.14 | -12.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Hci Group. More…
| Operations | Investing | Financing |
| 22.48 | 36.85 | 64.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Hci Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.14k | 1.88k | 19.52 |
Key Ratios Snapshot
Some of the financial key ratios for Hci Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.3% | – | -12.9% |
| FCF Margin | ROE | ROA |
| 2.5% | -19.1% | -1.8% |
Analysis – Hci Group Stock Intrinsic Value
HCI GROUP is currently trading at $49.9, which is 45.6% lower than its intrinsic value of $91.7, according to GoodWhale’s proprietary Valuation Line. This suggests that the HCI GROUP stock is undervalued, presenting a potential buying opportunity for investors. GoodWhale’s analysis of HCI GROUP’s fundamentals shows that the company has strong growth potential and solid financials. The company has a strong balance sheet, with a strong cash position and low debt levels, providing it with the financial flexibility to pursue growth opportunities. Additionally, the company has a proven track record of delivering consistent growth in revenues and profits. Going forward, HCI GROUP’s growth prospects are promising. The company has a robust pipeline of new products and services that it is planning to launch in the near future, which should help to drive growth. Additionally, the company has a strong brand and customer base, which should help it to capture more market share and expand its reach. Overall, GoodWhale’s analysis of HCI GROUP’s fundamentals indicates that the stock is undervalued, making it a good buying opportunity for investors. With strong financials and growth prospects, HCI GROUP could be an attractive long-term investment for those looking to capitalize on its potential upside. More…
Peers
There is intense competition between HCI Group Inc and its competitors Safety Insurance Group Inc, United Fire Group Inc, and National Security Group Inc. All four companies are vying for market share in the highly competitive insurance industry. HCI Group Inc has a strong history of financial stability and customer satisfaction, which gives it a competitive advantage in the marketplace.
– Safety Insurance Group Inc ($NASDAQ:SAFT)
The company’s market capitalization is $1.22 billion. Its ROE is 8.69%. Insurance Services
– United Fire Group Inc ($NASDAQ:UFCS)
United Fire Group Inc. (UFCS) is a holding company that operates through its insurance subsidiaries. The Company provides property and casualty insurance products, including commercial lines, personal lines, surety, and workers’ compensation. UFCS offers its products through independent insurance agents in the United States.
Summary
HCI Group is an attractive investment for dividend-seekers. It has consistently paid out dividends over the past three years, with an average yield of 2.45%. The ex-dividend date for its upcoming dividend payment is February 16, 2023.
This stock has demonstrated its commitment to shareholders by increasing its dividend earnings from 1.6 USD per share in 2020 to 3.64 USD per share in 2022. HCI Group is a good option for those looking for long-term, stable investments with attractive dividend yields.
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