---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-123426"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:24:06.764955+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# HCI Group Q3 2024 net income falls to $5.7M; diluted EPS $0.52 vs $1.34 YoY

## Summary
- Q3 2024 net income after noncontrolling interests of $5.7M, down from $13.2M in Q3 2023.
- Diluted EPS of $0.52 (GAAP) and $0.47 (adjusted), compared to $1.34 and $1.41 respectively.
- Gross premiums earned rose to $265.5M from $188.3M, driven by Florida growth.
- Hurricanes Helene ($40.0M) and Debby ($6.5M) were included in $105.7M losses & LAE.
- In October 2024, assumed approximately 42,000 policies from Citizens Property Insurance.

## SEC filing metadata
- accession: 0000950170-24-123426
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000095017024123426/0000950170-24-123426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000095017024123426/hci-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-123426
- JSON: https://secwatch.observer/filing/0000950170-24-123426.json
- Plain text: https://secwatch.observer/filing/0000950170-24-123426.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.