Demystifying HCI Group: Insights From 6 Analyst Reviews
Portfolio Pulse from Benzinga Insights
HCI Group (NYSE:HCI) has received mixed reviews from 6 analysts over the past three months, with current sentiments showing 3 bullish and 3 somewhat bullish ratings. The average 12-month price target for HCI Group is now $127.67, up 16.49% from the previous target of $109.60. Analysts from firms like Oppenheimer, Compass Point, Truist Securities, and JMP Securities have adjusted their ratings and price targets, reflecting a positive outlook on the company's performance. HCI Group, engaged in property and casualty insurance, has shown a revenue growth of 40.31% and a net margin of 22.66%, outperforming industry averages.
April 05, 2024 | 8:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
HCI Group has received an updated average 12-month price target of $127.67, reflecting a positive sentiment from analysts. The company's strong financial performance, including a significant revenue growth and high net margin, supports a bullish outlook.
The increase in the average price target to $127.67, along with positive adjustments in ratings and price targets from analysts, indicates a strong confidence in HCI Group's future performance. The company's impressive revenue growth and profitability metrics further support this optimistic outlook, suggesting a potential positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100