HCI Group Eyes 46.5% Q4 Revenue Growth After 23.4% Rise
HCI Group’s Q4 revenue is forecast to rise 46.5% year-over-year following last quarter’s $216.4 million sales, up 23.4% with EPS and book value beats. Peer insurers posted 21.6%–26.7% revenue growth last quarter, while HCI trades significantly below its $245 average analyst target.
1. Q4 Earnings Preview
HCI Group will report fourth-quarter results tomorrow, with analysts projecting 46.5% year-over-year revenue growth. Consensus forecasts follow a quarter that outpaced expectations on profitability metrics and book value per share.
2. Last Quarter Performance Recap
In the previous quarter, HCI Group generated $216.4 million in revenue, marking a 23.4% increase year-over-year while delivering both EPS and book value per share above street estimates. The company has a history of occasional revenue misses but strong profitability beats.
3. Peer Comparison and Analyst Targets
Peers First American Financial and Skyward Specialty Insurance logged revenue gains of 21.6% and 26.7%, respectively, each beating estimates. HCI’s shares are down 3.3% over the past month versus a 1.7% segment decline, and carry an average analyst target of $245 against a current price near $153.