HCI Group (HCI) Increases Despite Market Slip: Here's What You Need to Know

HCI Group closed at $186.73, up 1.25% and outperforming the broader market decline. The property and casualty insurance company is expected to report lower EPS of $3.55 (down 27.55% YoY) but higher revenue of $248.59 million (up 14.9% YoY). The stock holds a Zacks Rank #2 (Buy) with a Forward P/E of 9.19, trading at a discount to its industry average.