Paresh Patel - HCI Chairman of the Board, Chief Executive Officer

HCI Stock  USD 118.96  1.68  1.43%   

Chairman

Mr. Paresh Patel is Chairman of the Board, Chief Executive Officer of the company and President Insurance Subsidiary Homeowners Choice Property Casualty Insurance Company., subsidiary of HCI Group Inc. is a founder of the company and currently serves as chairman of the Board of Directors and chief executive officer. He was a director of the company since its inception and has served as the chairman of our Board of Directors since May 2007. He has served as chief executive officer since 2011. Mr. Patel is also president of our insurance subsidiary, Homeowners Choice Property Casualty Insurance Company, Inc., a position he held from 2011 to 2012 and reassumed in June 2015. In addition, Mr. Patel is executive chairman of the Board of TypTap Insurance Company, our property insurance subsidiary corporation formed in January 2016 since 2015.
Age 57
Tenure 9 years
Address 3802 Coconut Palm Drive, Tampa, FL, United States, 33619
Phone813 849 9500
Webhttps://hcigroup.com
Patel has broad experience in technology and finance. He developed and continues to oversee development of the company’s policy administration systems. From 2011 to 2015, he served as chairman of the board of First Home Bancorp, Inc., a bank holding company in Seminole, Florida and from 2014 to March 2018 he served as chairman of the board of directors of Oxbridge Re Holdings Limited, a Nasdaq listed Cayman Islands reinsurance holding company.Mr. Patel holds a bachelor’s and a master’s degree in electronic engineering from the University of Cambridge in the United Kingdom.

HCI Management Efficiency

The company has Return on Asset of 0.0445 % which means that on every $100 spent on assets, it made $0.0445 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2632 %, implying that it generated $0.2632 on every 100 dollars invested. HCI's management efficiency ratios could be used to measure how well HCI manages its routine affairs as well as how well it operates its assets and liabilities. The HCI's current Return On Capital Employed is estimated to increase to 0.46, while Return On Assets are projected to decrease to 0.06. As of now, HCI's Asset Turnover is decreasing as compared to previous years.
The company has 209.9 M in debt with debt to equity (D/E) ratio of 0.64, which is OK given its current industry classification. HCI Group has a current ratio of 0.82, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist HCI until it has trouble settling it off, either with new capital or with free cash flow. So, HCI's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like HCI Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for HCI to invest in growth at high rates of return. When we think about HCI's use of debt, we should always consider it together with cash and equity.

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HCI Group, Inc., together with its subsidiaries, engages in the property and casualty insurance, reinsurance, real estate, and information technology businesses in Florida. HCI Group, Inc. was incorporated in 2006 and is headquartered in Tampa, Florida. Homeowners Choice operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 513 people. HCI Group (HCI) is traded on New York Stock Exchange in USA. It is located in 3802 Coconut Palm Drive, Tampa, FL, United States, 33619 and employs 547 people. HCI is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

HCI Group Leadership Team

Elected by the shareholders, the HCI's board of directors comprises two types of representatives: HCI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of HCI. The board's role is to monitor HCI's management team and ensure that shareholders' interests are well served. HCI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, HCI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Allen, CFO
Susan Watts, Director
Wayne Burks, Independent Director
Andrew Graham, Vice President, General Counsel, Corporate Secretary
Loreen Spencer, Independent Director
Lauren Valiente, Director
James Macchiarola, Independent Director
James CPA, Chief Officer
Harish Patel, Independent Director
Martin Traber, Independent Director
Sue Watts, Independent Director
Gregory Politis, Co-Founder, Independent Director and Member of Governance and Nominating Committee
Peter Politis, Director
Pareshbhai Patel, Chairman, Founder
Sanjay Madhu, Independent Director
Kevin Mitchell, Senior Relations
George Apostolou, Independent Director
Karin Coleman, Executive Vice President and President, HCPCI
Rachel Esq, Investor Officer
Eric Hoffman, Independent Director
Anthony Saravanos, Director, Division President — Real Estate
James Harmsworth, Chief Financial Officer
Paresh Patel, Chairman of the Board, Chief Executive Officer

HCI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is HCI a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards HCI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, HCI's short interest history, or implied volatility extrapolated from HCI options trading.

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When determining whether HCI Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hci Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hci Group Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HCI Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the HCI Group information on this page should be used as a complementary analysis to other HCI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for HCI Stock analysis

When running HCI's price analysis, check to measure HCI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HCI is operating at the current time. Most of HCI's value examination focuses on studying past and present price action to predict the probability of HCI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HCI's price. Additionally, you may evaluate how the addition of HCI to your portfolios can decrease your overall portfolio volatility.
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Is HCI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of HCI. If investors know HCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about HCI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
16.123
Dividend Share
1.6
Earnings Share
7.63
Revenue Per Share
65.815
Quarterly Revenue Growth
0.48
The market value of HCI Group is measured differently than its book value, which is the value of HCI that is recorded on the company's balance sheet. Investors also form their own opinion of HCI's value that differs from its market value or its book value, called intrinsic value, which is HCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because HCI's market value can be influenced by many factors that don't directly affect HCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between HCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if HCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.