HCI Group announces a quarterly dividend of 40 cents per share, payable June 20, 2025, to eligible shareholders.
Quiver AI Summary
HCI Group, Inc. has announced a quarterly cash dividend of 40 cents per common share, which will be paid on June 20, 2025, to shareholders who are on record as of May 16, 2025. The company, which operates through two units—one focusing on insurance and real estate and the other, Exzeo Group, specializing in insurance technology—actively trades on the NYSE under the ticker "HCI." HCI Group is also included in the Russell 2000 and S&P SmallCap 600 Index. The press release includes forward-looking statements about potential risks and uncertainties pertaining to the company’s ability to pay dividends in the future, emphasizing that these statements are not guarantees of future performance.
Potential Positives
- The declaration of a regular quarterly cash dividend of 40 cents per common share demonstrates the company's commitment to returning value to its shareholders.
- HCI Group's inclusion in the Russell 2000 and S&P SmallCap 600 Index highlights its status as a significant player in the small-cap market, potentially attracting more investor interest.
- The presence of top-performing insurance companies and a leading insurance technology innovator positions HCI Group well for growth and competitiveness in the insurance sector.
Potential Negatives
- The announcement of the dividend payout comes with a cautionary note regarding the company's cash flow and cash balances, indicating uncertainty about their future ability to maintain dividend payments.
- The press release emphasizes various risks and uncertainties that could negatively impact the company’s business and financial condition, potentially undermining investor confidence.
FAQ
What is the recent dividend declared by HCI Group, Inc.?
The board of directors has declared a quarterly cash dividend of 40 cents per common share.
When will HCI Group's dividend be paid?
The dividend is scheduled to be paid on June 20, 2025, to shareholders of record by May 16, 2025.
What are the main business units of HCI Group, Inc.?
HCI Group operates in insurance through multiple companies and offers insurance technology via Exzeo Group.
Where can I find more information about HCI Group, Inc.?
Additional information can be found in the Investor Information section on HCI Group's website at www.hcigroup.com.
What stock exchanges feature HCI Group's common shares?
HCI Group's common shares are traded on the New York Stock Exchange under the ticker "HCI" and are included in Russell 2000 and S&P SmallCap 600 Index.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HCI Hedge Fund Activity
We have seen 88 institutional investors add shares of $HCI stock to their portfolio, and 99 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP added 218,664 shares (+288.9%) to their portfolio in Q4 2024, for an estimated $25,480,915
- BLACKROCK, INC. added 198,351 shares (+15.0%) to their portfolio in Q4 2024, for an estimated $23,113,842
- UBS GROUP AG added 140,156 shares (+2768.8%) to their portfolio in Q4 2024, for an estimated $16,332,378
- KHROM CAPITAL MANAGEMENT LLC added 136,642 shares (+20.7%) to their portfolio in Q4 2024, for an estimated $15,922,892
- HOOD RIVER CAPITAL MANAGEMENT LLC added 127,332 shares (+15.7%) to their portfolio in Q4 2024, for an estimated $14,837,997
- ALYESKA INVESTMENT GROUP, L.P. removed 120,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $13,983,600
- BALYASNY ASSET MANAGEMENT L.P. added 110,838 shares (+2878.2%) to their portfolio in Q4 2024, for an estimated $12,915,952
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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. Exzeo empowers property and casualty insurers to transform underwriting outcomes and achieve industry-leading results.
The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. HCI Group, Inc. regularly publishes financial and other information in the Investor Information section of the company’s website. For more information about HCI Group and its subsidiaries, visit www.hcigroup.com .
Forward-Looking Statements
This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “confident,” “prospects” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. There can be no assurance, for example, that changes in the company’s cash flow and cash balances will not impact the ability or willingness of HCI Group to pay a dividend. Some of these risks and uncertainties are identified in the company’s filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company’s business, financial condition and results of operations. HCI Group, Inc. disclaims all obligations to update any forward-looking statements.
Company Contact:
Bill Broomall, CFA
Investor Relations
HCI Group, Inc.
Tel (813) 776-1012
[email protected]
Investor Relations Contact:
Matt Glover
Gateway Group, Inc.
Tel 949-574-3860
[email protected]
