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Stock impact report

Assessing HCI Group (HCI) Valuation After New US$80 Million Share Buyback Authorization [Yahoo! Finance]

HCI Group, Inc. (HCI) 
Last hci group, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hcigroup.com
Company Research Source: Yahoo! Finance
Buyback announcement and why it matters for HCI Group stock HCI Group (HCI) has announced a new share repurchase program, with board approval to buy back up to US$80 million of common stock over the next year. This provides investors with new information to consider. See our latest analysis for HCI Group. HCI Group's latest share repurchase plan comes after a mixed period for the stock, with a 1 day share price return of 2.6% and a 90 day share price return decline of 10.7%. However, the 3 year total shareholder return of about 3.3x indicates that long term holders have still seen very strong gains. If this buyback has you thinking about where else capital might be rewarded, it could be a good moment to broaden your search and check out 18 top founder-led companies With the share price down over the last 90 days but still up strongly over 3 years, and analysts' targets sitting higher than the last close, the key question is whether HCI Group is still undervalued or whether Show less Read more
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