HCI Group (HCI) Company Report

HCI Group reported strong financial results for Q3 2025, with diluted earnings per share of $4.90 and a net combined ratio of 64%. The loss ratio for the quarter was 22%, reflecting lower claim frequency.
The company's balance sheet significantly strengthened, with total shareholders' equity reaching $821 million and book value per share increasing over 50% year-to-date to $63. Long-term debt stood at $32 million, and debt to capital dropped to 8%.
HCI successfully assumed over 47,000 policies from Citizens in October, representing approximately $175 million of in-force premium. The company does not plan to participate in the December assumption from Citizens.
Exio, HCI's internally developed insurance platform, completed its initial public offering earlier this week, issuing 8 million new shares at $21 per share. HCI retained its 75 million shares in Exio, and the IPO is expected to increase HCI's consolidated book value by about $125 million and book value per share by approximately $10 in Q4.

Nov 6, 2025, 9:45 PM

HCI Group, Inc. Reports Strong Q3 2025 Financial Results

HCI

Earnings

Revenue Acceleration/Inflection

HCI Group, Inc. reported pre-tax income of $90.6 million and diluted earnings per share of $4.90 for the third quarter of 2025.
Gross premiums earned increased by 13.4% to $301.1 million in the third quarter of 2025, up from $265.5 million in the third quarter of 2024.
The company's book value per share increased to $63.41 at the end of the third quarter of 2025.
The gross loss ratio was 22.0% in the third quarter of 2025, a significant improvement from 39.8% in the third quarter of 2024.

Nov 6, 2025, 9:30 PM

HCI Group Reports Strong Third Quarter 2025 Results

HCI

Earnings

Revenue Acceleration/Inflection

New Projects/Investments

HCI Group, Inc. reported net income after noncontrolling interests of $65.5 million for the third quarter of 2025, a significant increase from $5.7 million in the third quarter of 2024.
Diluted earnings per share (EPS) for the third quarter of 2025 were $4.90, up from $0.52 in the third quarter of 2024. For the nine months ended September 30, 2025, diluted EPS was $15.47, compared to $8.59 for the same period in 2024.
Gross premiums earned increased by 13.4% to $301.1 million in the third quarter of 2025 from $265.5 million in the prior year, driven by a higher volume of policies in force.
Book value per share at the end of September 30, 2025, was $63.41, compared to $43.45 at the end of September 30, 2024.
The company progressed its initiative to establish Exzeo as an independent, publicly traded entity, which was achieved earlier in the week of the report.

Nov 6, 2025, 9:15 PM

Exzeo Group Completes IPO on NYSE

HCI

New Projects/Investments

Exzeo Group raised $168 million by selling 8 million shares at $21 each in its initial public offering, valuing the company at approximately $1.91 billion on its NYSE debut.
HCI Group, the primary owner, retains an 81.5% stake in Exzeo post-IPO.
Exzeo provides insurance technology and operational solutions through its proprietary platform, offering software and analytics tools to streamline operations for property and casualty insurers.
HCI Group has a market capitalization of $2.63 billion, a trailing twelve months revenue of $775.69 million, and a net margin of 18.58%.

Nov 5, 2025, 7:03 AM

Earnings Transcripts

Quarterly earnings call transcripts for HCI Group.

Get instant answers from SEC filings, earnings calls & more

Get instant analysis when filings drop