NYSE$HCI

Hci Group Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported results for the three and twelve months ended December 31, 2020.

HCI Group reported a net income of $2.7 million, or $0.35 diluted earnings per share, for the fourth quarter of 2020. Consolidated gross written premiums were $139.3 million, up 109.2% from the fourth quarter of 2019. Gross premiums earned increased 21.0% to $109.1 million.

  • Net income for the fourth quarter of 2020 totaled $2.7 million or $0.35 diluted earnings per share.
  • Adjusted net income for the quarter was $1.8 million or $0.22 diluted earnings per share.
  • Consolidated gross written premiums for the fourth quarter of 2020 were up 109.2% from the fourth quarter of 2019.
  • Consolidated gross premiums earned for the fourth quarter of 2020 were up 21.0% from the fourth quarter of 2019.

Headline financials

Total Revenue

$70.3M

Previous: $63.2M+11.2%
EPS (adj)

$0.22

Previous: $0.76-71.1%
Capital Expenditures

$509K

Previous: $721K-29.4%
Free Cash Flow

-$728K

Previous: $15.2M-104.8%
Net Income

$2.71M

Previous: $6.43M-57.9%
Operating Income

$2.91M

Previous: $8.78M-66.8%
Gross Profit

$260M

Previous: $58.7M+343.4%
Cash & Equivalents

$431M

Previous: $229M+88.2%
Total Assets

$941M

Previous: $803M+17.3%
Stock-Based Comp

$2.11M

Previous: $1.77M+19.5%

Revenue & EPS history

Hci Group · Revenue · Quarterly

$70.3M

Q4 2020+11.2%vs Q4 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Hci Group · $139M total across 2 segments · Q4 2020

  • Homeowners Choice
    $97.2M
  • TypTap Insurance Company
    $42.1M

Forward guidance

We remain focused on generating profits and shareholder returns.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+2.2%

Avg return

Earnings day

+4.7%

Avg return

5 days after

+3.4%

Avg return

30 days after

61%

39 / 64 earnings

Positive

+27.5%

Q2 2020

Best reaction

-16.4%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-1.0%+1.4%
Q4 2025+4.8%+7.6%-8.0%
Q3 2025-6.5%-2.9%-12.7%
Q1 2025+8.1%+5.1%+8.7%
Q4 2024+6.2%+10.7%+21.4%
Q3 2024+1.5%-1.1%-0.4%
Q2 2024+4.6%+6.1%+11.6%
Q1 2024-6.0%-7.6%-14.1%
Q4 2023+15.1%+14.5%+16.7%
Q3 2023+25.3%+21.0%+40.7%
Q2 2023+8.2%-1.1%-12.4%
Q1 2023+17.8%+11.3%+15.2%
Q4 2022+6.6%+7.1%-6.0%
Q3 2022+4.7%+19.4%+5.6%
Q2 2022-16.4%-20.0%-32.7%
Q1 2022+6.6%+8.9%+3.7%
Q4 2021+10.3%+14.8%+16.0%
Q3 2021-11.1%-1.8%-19.7%
Q2 2021+14.6%+13.4%+8.0%
Q1 2021+1.8%-2.6%+6.6%
Q4 2020+11.4%+24.1%+33.7%
Q3 2020+5.9%+8.6%+8.1%
Q2 2020+27.5%+29.4%+18.8%
Q1 2020+6.4%+1.0%+18.3%
Q4 2019+0.4%-6.6%-11.6%
Q3 2019+7.2%+4.2%+6.1%
Q2 2019+3.3%+3.4%+1.8%
Q1 2019-3.5%-0.3%-3.9%
Q4 2018-14.6%-8.7%-3.4%
Q3 2018+13.5%+21.2%+21.7%
Q2 2018-7.3%-6.7%-4.3%
Q1 2018-2.7%-2.7%-1.0%
Q4 2017+14.0%+11.7%+6.1%
Q3 2017-12.5%-13.1%-19.5%
Q2 2017-3.5%-4.6%-14.4%
Q1 2017+1.6%-0.7%-1.8%
Q4 2016+8.5%+8.6%+2.8%
Q3 2016+5.3%+7.8%+22.0%
Q2 2016-1.9%+4.8%+2.9%
Q1 2016-5.8%
Q4 2015-13.0%
Q3 2015-10.0%
Q2 2015-9.3%
Q1 2015+5.5%
Q4 2014+2.1%
Q3 2014-12.9%
Q2 2014+3.3%
Q1 2014-0.1%
Q4 2013-15.5%
Q3 2013-4.2%
Q2 2013-3.2%
Q1 2013+21.1%
Q1 2010-0.6%
Q4 2012+21.9%
Q3 2012-7.1%
Q2 2012-0.5%
Q1 2011-4.9%
Q1 2012+1.0%
Q4 2011+2.3%
Q4 2010+2.3%
Q3 2010+4.5%
Q3 2011+4.5%
Q2 2011+1.8%
Q2 2010+1.8%

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