Since August 2025, HCI Group has been in a holding pattern, posting a small return of 2.4% while floating around $158.15.

Is now the time to buy HCI? Find out in our full research report, it’s free.

Why Is HCI a Good Business?

Starting as a Florida "take-out" insurer that assumed policies from the state-backed Citizens Property Insurance Corporation, HCI Group (NYSE: HCI) provides property and casualty insurance, primarily homeowners coverage, while leveraging proprietary technology to improve underwriting and claims processing.

1. Net Premiums Earned Skyrocket, Fueling Growth Opportunities

Insurers sell policies then use reinsurance (insurance for insurance companies) to protect themselves from large losses. Net premiums earned are therefore what's collected from selling policies less what’s paid to reinsurers as a risk mitigation tool.

HCI Group’s net premiums earned has grown at a 28% annualized rate over the last two years, much better than the broader insurance industry and faster than its total revenue.

2. Growing BVPS Reflects Strong Asset Base

For insurers, book value per share (BVPS) is a vital measure of financial health, representing the total assets available to shareholders after accounting for all liabilities, including policyholder reserves and claims obligations.

HCI Group’s BVPS increased by 19.9% annually over the last five years, and growth has recently accelerated as BVPS grew at an incredible 65.1% annual clip over the past two years (from $23.27 to $63.41 per share).

3. Projected BVPS Growth Is Remarkable

Book value per share (BVPS) growth is driven by an insurer’s ability to earn consistent underwriting profits while generating strong investment returns.

Over the next 12 months, Consensus estimates call for HCI Group’s BVPS to grow by 36.9% to $59.43, elite growth rate.

Final Judgment

These are just a few reasons why HCI Group is one of the best insurance companies out there, but at $158.15 per share (or 2.2× forward P/B), is now the time to initiate a position? See for yourself in our in-depth research report, it’s free.

Stocks We Like Even More Than HCI Group

The market’s up big this year - but there’s a catch. Just 4 stocks account for half the S&P 500’s entire gain. That kind of concentration makes investors nervous, and for good reason. While everyone piles into the same crowded names, smart investors are hunting quality where no one’s looking - and paying a fraction of the price. Check out the high-quality names we’ve flagged in our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).

Stocks that have made our list include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.