Hci Group Stock Price, News & Analysis

HCI Group (NYSE:HCI) announced that its majority owned subsidiary Exzeo Group, Inc. has launched an initial public offering of 8,000,000 primary shares.

Exzeo expects an IPO price range of $20.00–$22.00 per share, may grant underwriters a 30‑day option for up to 1,200,000 additional shares, and has applied to list on the New York Stock Exchange as XZO. The registration statement is expected to become automatically effective on November 4, 2025, subject to SEC processes. Truist Securities is lead left bookrunner; Citizens Capital Markets, William Blair, and Fifth Third Securities are co-managers.

HCI Group (NYSE:HCI) announced that its subsidiary Exzeo Group has filed a Form S-1 registration statement with the SEC for a proposed initial public offering (IPO). The IPO details, including share count and price range, are yet to be determined.

The offering will be managed by Truist Securities, Citizens Capital Markets, and William Blair as joint book-running managers, with Fifth Third Securities as co-manager. The IPO's completion is subject to market conditions, with no guarantee of timing or final terms.

HCI Group (NYSE:HCI) reported strong financial results for Q2 2025, with pre-tax income of $94.4 million and diluted EPS of $5.18, up from $4.24 in Q2 2024. The company achieved consolidated gross premiums earned of $302.6 million, a 14.8% increase year-over-year.

Notable improvements include a reduced gross loss ratio of 21.3% compared to 29.7% in Q2 2024, and decreased losses and loss adjustment expenses of $64.5 million despite premium growth. The company's book value per share increased to $58.55. Management highlighted plans to establish Exzeo as an independent, publicly traded entity to unlock shareholder value.

HCI Group (NYSE:HCI) has scheduled its second quarter 2025 earnings conference call for Thursday, August 7, 2025, at 4:45 p.m. Eastern Time. The company will release its financial results for the quarter ended June 30, 2025, after the market closes on the same day.

The presentation will be accessible via phone and webcast, with management hosting a Q&A session. A replay will be available after 8:00 p.m. ET through both phone access and the company's website.

HCI Group (NYSE:HCI) has announced its regular quarterly cash dividend of $0.40 per common share. The dividend will be paid on September 19, 2025, to shareholders of record as of August 15, 2025. This dividend announcement demonstrates the company's continued commitment to providing regular returns to its shareholders.

HCI Group has completed its catastrophe reinsurance programs for 2025-2026, securing over $3.5 billion in excess of loss aggregate limit across three reinsurance towers. The program covers multiple subsidiaries including Homeowners Choice, TypTap Insurance, and CORE, with statutory retentions of $18 million for Towers 1 and 2, and $3 million for Tower 3. Claddaugh Casualty Insurance Company's maximum retained loss is approximately $117 million for first events and $35 million for second events. The company expects to incur net consolidated reinsurance premiums of approximately $422 million, with all participating reinsurers rated 'A-' or better by AM Best or having fully collateralized obligations.

HCI Group reported strong Q1 2025 financial results with pre-tax income of $100.3 million and net income of $74.2 million. The company achieved diluted EPS of $5.35, up from $3.81 in Q1 2024. Consolidated gross premiums earned increased 17.0% to $300.4 million, driven by policy assumptions from Citizens Property Insurance Corporation. The company's gross loss ratio improved to 19.7% from 31.1% year-over-year. Notably, HCI announced plans for a potential tax-free spin-off of Exzeo to existing shareholders, targeted for completion by year-end. Despite higher reinsurance costs and increased operating expenses, the company demonstrated strong performance with reduced losses and loss adjustment expenses of $59.3 million compared to $79.9 million in Q1 2024.

HCI Group (NYSE: HCI) has announced its board of directors has declared a quarterly cash dividend of $0.40 per common share. The dividend will be distributed on June 20, 2025, to shareholders who are recorded in the company's books as of the close of business on May 16, 2025.

HCI Group (NYSE: HCI) has scheduled its first quarter 2025 earnings conference call for Thursday, May 8, 2025, at 4:45 p.m. Eastern time. The company will release its financial results for Q1 2025 (ended March 31, 2025) via press release after market close on the same day.

The earnings call will feature a presentation by HCI management followed by a Q&A session. Investors can access the call through:

• Toll-free number: 888-506-0062
• International number: 973-528-0011
• Participant Access Code: 325047

A replay will be available after 8:00 p.m. ET via toll-free (877-481-4010) and international (919-882-2331) numbers using replay passcode 52364, as well as through the Investor Information section on HCI Group's website.