HCI Group, Inc. reported third-quarter 2026 pre-tax income of $116.3 million and net income of $86.2 million, compared with $90.6 million and $67.9 million a year earlier. Total revenue was $244.9 million, versus $216.4 million, and diluted earnings per share were $6.45, versus $4.90. Gross premiums earned were $316.1 million, up from $301.1 million; HCI said higher policy volume drove the increase while average premium per policy remained relatively consistent.
Premiums ceded for reinsurance fell to $96.9 million from $106.1 million, which HCI attributed to lower costs under its 2026–2027 catastrophe reinsurance programs, which began June 1, 2026. Net investment income was $21.7 million, versus $17.5 million. The gross loss ratio was 20.7%, compared with 22.0%.
For the nine months ended September 30, 2026, pre-tax income was $342.7 million and net income was $254.2 million, compared with $285.3 million and $212.4 million. Total revenue was $734.4 million, versus $654.7 million. The repurchase program was completed on July 17, 2026, with 504,330 shares repurchased for $80 million; HCI repurchased 30,721 shares for $6 million during the third quarter.
HCI Group, Inc. Chief Financial Officer James Mark Harmsworth had 165 common shares surrendered at $204.06 per share to cover the minimum federal tax liability associated with the vesting of 417 restricted shares on October 23, 2026. His 1,251-share restricted stock grant, effective December 19, 2025, vests in 417-share installments on October 23, 2026, October 23, 2027, and October 23, 2028.
HCI Group, Inc. Chief Operating Officer and director Karin Sue Coleman reported that 165 shares were surrendered to cover the minimum federal tax liability associated with vesting of 417 restricted shares on October 23, 2026. The transaction lists a price of $204.06 per share. The 417 shares vested under a 1,251-share restricted stock grant effective December 19, 2025; the grant schedules 417 shares to vest on each of October 23, 2026, October 23, 2027, and October 23, 2028. The grant was made under the company’s 2012 Omnibus Incentive Plan and a restricted stock agreement dated December 19, 2025.
Andrew L. Graham reported disposition transactions in this Form 4 filing. HCI Group, Inc. General Counsel Andrew L. Graham reported surrendering 165 common shares on October 23, 2026, to cover the minimum federal tax liability associated with vesting 417 restricted shares; the reported price was $204.06 per share. The shares were from a 1,251-share restricted stock grant effective December 19, 2025, with 417-share installments scheduled for October 23, 2026, October 23, 2027, and October 23, 2028.
HCI Group, Inc. Division President and director Anthony Saravanos disposed of 82 common shares on October 23, 2026, surrendering them to cover estimated federal tax liability associated with vesting of 207 restricted shares. The reported transaction price was $204.06 per share. A 621-share restricted stock grant effective December 19, 2025, provides for 207 shares to vest on each of October 23, 2026, 2027, and 2028. Reported indirect holdings included 30,000 shares through HC Investment LLC, 1,200 held by Anthony Saravanos and Maria Saravanos as custodian for son Kostas Anthony Saravanos, and 140 through Anthony Saravanos's IRA.
HCI Group, Inc., a Florida-focused property and casualty insurer with technology and real-estate operations, reported higher Q2 2026 results. Total revenue was 246,653 (in thousands), up from 221,920, driven by net premiums earned of 219,012 and net investment income of 18,890.
Net income was 82,900 (in thousands) versus 70,279, with net income after noncontrolling interests of 73,797 and diluted EPS of 5.60 compared with 5.18. For the first six months of 2026, total revenue reached 489,535 and net income after noncontrolling interests was 147,204, with diluted EPS of 11.05.
At June 30, 2026, total assets were 2,648,459 (in thousands), including 1,274,142 of investments and 872,336 of cash and cash equivalents. Total equity rose to 1,173,132 (in thousands), even after dividends and common stock repurchases, while operating cash flow was 273,927 (in thousands).
HCI Group, Inc. reported strong results for the three and six months ended June 30, 2026. Second-quarter pre-tax income was $111 million and net income $83 million, up from $94 million and $70 million a year earlier. Net income after noncontrolling interests rose to $74 million, and diluted earnings per share increased to $5.60 from $5.18. Gross premiums earned grew to $321 million with premiums ceded at $102 million, while the gross loss and loss adjustment expense ratio was a low 22.2%. For the first half of 2026, pre-tax income reached $226 million and net income $168 million, with diluted EPS of $11.05.
Total assets were $2.65 billion at June 30, 2026, and total equity was $1.17 billion. Book value per share increased markedly to $86.60 from $58.55 a year earlier. Cash and cash equivalents were $872.3 million, and total investments were $1.27 billion, alongside losses and loss adjustment expenses of $559.0 million and unearned premiums of $659.3 million.
HCI continued returning capital through dividends of $0.40 per share in the quarter and completed a share repurchase program authorized for up to $80 million, ultimately repurchasing 504,330 shares for $80.0 million. Shares outstanding at period end were 12,469,972. Management highlighted record second-quarter financial results and growth in Exzeo’s insurance technology revenues.
BlackRock, Inc. filed Amendment No. 16 reporting its beneficial ownership of common stock of HCI Group, Inc. as of 06/30/2026. BlackRock reports beneficial ownership of 1,658,128 HCI common shares, representing 13.0% of the outstanding class.
BlackRock has sole voting power over 1,639,657 shares and sole dispositive power over 1,658,128 shares, with no shared voting or dispositive power. The filing clarifies that these holdings are attributed to certain BlackRock business units, and that various underlying persons have rights to dividends or sale proceeds, but no single such person holds more than five percent of HCI’s outstanding common shares.
Madhu Sanjay reported acquisition or exercise transactions in this Form 4 filing.
HCI Group, Inc. director Madhu Sanjay received a grant of 750 shares of restricted common stock effective 6/11/2026. The restricted shares were granted at $0.00 per share under HCI’s 2012 Omnibus Incentive Plan and will vest on 5/27/2027 under a restricted stock agreement.
Following the reported entries, Sanjay holds 11,988 shares directly, 41,500 shares indirectly through Universal Finance & Investments, LLC, and 2,803 shares indirectly through an IRA, with voting and investment power over the LLC-held shares.
Politis Gregory reported acquisition or exercise transactions in this Form 4 filing.
HCI Group director Gregory Politis reported a compensation-related stock award rather than an open‑market trade. On June 11, 2026, he received a restricted stock grant of 750 shares of common stock at $0.00 per share under the company’s 2012 Omnibus Incentive Plan.
The 750 restricted shares will vest on May 27, 2027 under a restricted stock agreement. Additional entries dated the same day update his direct ownership of common stock, including shares held jointly with his spouse, but do not show any open‑market buying or selling.