HCI Group Authorizes $80 Million Stock Repurchase Program

Rhea-AI Summary

HCI Group (NYSE:HCI) authorized a $80 million stock repurchase program on March 3, 2026. The program permits open-market, block, privately negotiated purchases and Rule 10b5-1 trading plans, subject to federal securities laws and Rule 10b-18.

The program has a one-year term, is discretionary, does not obligate HCI to buy a specific number of shares, and may be suspended or canceled at any time.

Positive

• Authorized $80 million stock repurchase program
• One-year program term through March 2027
• Permits open-market, block, and privately negotiated purchases
• Allows Rule 10b5-1 trading plans and Rule 10b-18 compliance

Negative

• Repurchases will be funded with cash, reducing available liquidity
• Program discretionary timing creates uncertainty for shareholders
• Program may be canceled or suspended at any time without notice

Key Figures

Buyback authorization: $80 million Program term: One year Pre-tax income: $429M +5 more

8 metrics

Buyback authorization $80 million Maximum common share repurchases under new program

Program term One year Stated duration of share repurchase program

Pre-tax income $429M Full year 2025 pre-tax income from recent results

Net income $320M Full year 2025 net income

Diluted EPS $22.72 Full year 2025 diluted EPS

Q4 diluted EPS $7.25 Fourth quarter 2025 diluted EPS

Quarterly dividend $0.40 per share Regular quarterly cash dividend declared Jan 16, 2026

52-week range $125 – $210.50 Reported 52-week low and high before buyback news

Market Reality Check

Price: $173.76 Vol: Volume 117,290 is in line...

normal vol

$173.76 Last Close

Volume Volume 117,290 is in line with the 20-day average 117,446 (relative volume 1). normal

Technical Price 173.76 is trading above the 200-day MA at 169.58 and 17.45% below the 52-week high.

Peers on Argus

HCI was down 1.51% while peers were mixed: STC -0.34%, PLMR +4.55%, KMPR +1.60%,...

HCI was down 1.51% while peers were mixed: STC -0.34%, PLMR +4.55%, KMPR +1.60%, MCY +1.25%, LMND +7.55%, indicating stock-specific dynamics around the buyback news.

Historical Context

5 past events · Latest: Feb 25 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 25	Earnings results	Positive	+4.4%	Strong 2025 earnings with high pre-tax income and EPS growth.
Feb 04	Earnings call set	Neutral	+2.7%	Scheduling of Q4 and full-year 2025 earnings conference call.
Jan 16	Dividend declaration	Positive	-2.4%	Announcement of regular quarterly cash dividend of $0.40 per share.
Nov 06	Earnings results	Positive	-7.0%	Strong Q3 2025 results with higher income and improved loss ratios.
Oct 27	Earnings call set	Neutral	-1.2%	Announcement of timing and access details for Q3 2025 earnings call.

Pattern Detected

Recent news skewed positive (earnings strength, dividend, now buyback), but price reactions have been mixed, with both gains and pullbacks following strong financial updates.

Recent Company History

Over the past several months, HCI has reported strong financial performance, including full-year 2025 pre-tax income of $429M and diluted EPS of $22.72, plus robust Q3 2025 results. The company also declared a regular quarterly dividend of $0.40 per share and consistently scheduled earnings calls. Price reactions have varied: some earnings releases saw gains, while others triggered declines. The newly authorized $80M buyback follows earlier hints of a repurchase plan and builds on this capital return and growth narrative.

Market Pulse Summary

This announcement introduced a one‑year authorization to repurchase up to $80M of common shares, add...

Analysis

This announcement introduced a one‑year authorization to repurchase up to $80M of common shares, adding a capital return tool alongside prior dividends and strong earnings. The program’s execution remains fully discretionary, subject to market conditions, regulatory requirements, and management judgment. In context of recent robust results (diluted EPS of $22.72 in 2025), investors may watch actual buyback activity, future earnings trends, and updates on catastrophe and regulatory risks discussed in recent SEC filings.

Key Terms

rule 10b5-1, rule 10b-18

2 terms

rule 10b5-1 regulatory

"through the use of trading programs intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

rule 10b-18 regulatory

"including Rule 10b-18 under that Act."

Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.

AI-generated analysis. Not financial advice.

TAMPA, Fla., March 03, 2026 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI) has authorized a program to repurchase up to $80 million of the company’s common shares, subject to market conditions.

The program permits the company to repurchase shares for cash periodically in open market purchases, block transactions, privately negotiated transactions in accordance with applicable federal securities laws, or by other means, including through the use of trading programs intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with applicable securities laws and other restrictions, including Rule 10b-18 under that Act. The timing and total amount of any stock repurchases will be determined at management's discretion and depend upon business, economic and market conditions, corporate and regulatory requirements, prevailing stock prices and other considerations. The share repurchase program has a term of one year, does not obligate HCI Group to acquire a specific number of shares of common stock, and may be canceled or suspended at any time without notice.

About HCI Group, Inc.

HCI Group, Inc. is a diversified holding company engaged in insurance, reinsurance, real estate, claims services, and insurance technology. The HCI Group portfolio of companies includes multiple P&C underwriters and exchanges, a captive reinsurer, a claims management business, a commercial real estate investment company and leading insurance technology company, Exzeo Group, Inc. HCI was founded in 2006 and operates in 13 states.

HCI'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. Exzeo’s common shares trade on the New York Stock Exchange under the ticker symbol “XZO.” For more information about Exzeo, visit www.exzeo.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 trading price of the company’s common shares or changes in the company’s cash flow will not impact the ability or willingness of HCI Group to repurchase shares. 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

Nat Otis
Investor Relations
HCI Group, Inc.
Tel (813) 405-5341
notis@hcigroup.com

FAQ

What did HCI (NYSE:HCI) authorize on March 3, 2026?

HCI authorized a $80 million stock repurchase program. According to the company, the program permits open-market, block, privately negotiated purchases and Rule 10b5-1 plans, subject to securities laws and Rule 10b-18 compliance.

How long is the HCI (NYSE:HCI) repurchase program valid?

The repurchase program has a one-year term. According to the company, it runs from the March 3, 2026 authorization date and may be canceled or suspended at any time.

What purchase methods does HCI (NYSE:HCI) allow under the buyback?

HCI may repurchase shares via open-market, block, or privately negotiated transactions. According to the company, Rule 10b5-1 trading plans and other means consistent with Rule 10b-18 are permitted.

Does the HCI (NYSE:HCI) program obligate the company to buy a set number of shares?

No, the program does not require HCI to acquire a specific number of shares. According to the company, repurchases are at management's discretion and depend on market and business conditions.

What conditions could affect HCI (NYSE:HCI) share repurchases?

Repurchases depend on business, economic, market, corporate and regulatory conditions. According to the company, prevailing stock prices and other considerations will determine timing and amounts.