By market close, shares had plunged 17.7% to $41.06.
The property insurance group reported net income of $1.31 a share in the three months to December. Analysts polled by Thomson Reuters had forecast $1.45 a share.
Revenue of $65.25 million, though 27.7% higher year over year, missed consensus by $3.05 million.
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TheStreet Ratings team rates HCI GROUP INC as a Buy with a ratings score of B. The team has this to say about their recommendation:
"We rate HCI GROUP INC (HCI) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow."
- You can view the full analysis from the report here: HCI Ratings Report