Homeowners Choice Inc Com (NYSE:HCI)

CAPS Rating: 3 out of 5


Player Avatar DAG1996MF (< 20) Submitted: 9/27/2012 12:28:20 AM : Outperform Start Price: $16.18 HCI Score: +120.41

Homeowners Choice is an extremely fast growing property and casualty insurance company in Florida. Despite the fact that the stock has more than tripled in the past 12 months, HCII still has plenty more room to grow. The stock pays a solid 3.5% dividend yield and the payout ratio is only about 20% so there is plenty of room to grow the dividend too. The naysayers who are not willing to do the homework to find the facts argue that a hurricane would significantly harm earnings, but the fact is that the company's liabilities are very limited by reinsurance. The facts are available in the company's filings and other documentation.

Member Avatar DAG1996MF (< 20) Submitted: 5/3/2013 12:14:51 PM
Recs: 0

Look at her go!

Featured Broker Partners