Somewhat Positive News Coverage Somewhat Unlikely to Affect HCI Group (HCI) Stock Price
Press coverage about HCI Group (NYSE:HCI) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. HCI Group earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the insurance provider an impact score of 48.7176739605376 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of HCI stock traded down $0.12 during trading hours on Friday, reaching $40.63. The stock had a trading volume of 610 shares, compared to its average volume of 40,437. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 1.26. HCI Group has a twelve month low of $27.11 and a twelve month high of $44.25. The stock has a market cap of $380.94 million, a PE ratio of -54.17 and a beta of 1.64.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 21st. Investors of record on Friday, August 17th will be issued a $0.375 dividend. The ex-dividend date is Thursday, August 16th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 3.69%. HCI Group’s dividend payout ratio (DPR) is presently -200.00%.
About HCI Group
HCI Group, Inc primarily engages in the property and casualty insurance business in Florida. It provides property and casualty insurance to homeowners, condominium owners, and tenants; and reinsurance. The company also owns and operates one full-service restaurant, two marinas, two retail shopping centers, and one office building.
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