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Is HCI Group (HCI) Stock Outpacing Its Finance Peers This Year?
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The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has HCI Group (HCI - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
HCI Group is a member of the Finance sector. This group includes 871 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. HCI Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for HCI's full-year earnings has moved 7.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, HCI has moved about 22.5% on a year-to-date basis. At the same time, Finance stocks have gained an average of 18%. This shows that HCI Group is outperforming its peers so far this year.
Another stock in the Finance sector, The Baldwin Insurance Group (BWIN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 107.3%.
The consensus estimate for The Baldwin Insurance Group's current year EPS has increased 0.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, HCI Group is a member of the Insurance - Property and Casualty industry, which includes 40 individual companies and currently sits at #16 in the Zacks Industry Rank. On average, stocks in this group have gained 28.4% this year, meaning that HCI is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, The Baldwin Insurance Group belongs to the Insurance - Life Insurance industry. This 15-stock industry is currently ranked #24. The industry has moved +22.6% year to date.
HCI Group and The Baldwin Insurance Group could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.
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Is HCI Group (HCI) Stock Outpacing Its Finance Peers This Year?
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has HCI Group (HCI - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
HCI Group is a member of the Finance sector. This group includes 871 individual stocks and currently holds a Zacks Sector Rank of #5. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. HCI Group is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for HCI's full-year earnings has moved 7.5% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, HCI has moved about 22.5% on a year-to-date basis. At the same time, Finance stocks have gained an average of 18%. This shows that HCI Group is outperforming its peers so far this year.
Another stock in the Finance sector, The Baldwin Insurance Group (BWIN - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 107.3%.
The consensus estimate for The Baldwin Insurance Group's current year EPS has increased 0.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, HCI Group is a member of the Insurance - Property and Casualty industry, which includes 40 individual companies and currently sits at #16 in the Zacks Industry Rank. On average, stocks in this group have gained 28.4% this year, meaning that HCI is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, The Baldwin Insurance Group belongs to the Insurance - Life Insurance industry. This 15-stock industry is currently ranked #24. The industry has moved +22.6% year to date.
HCI Group and The Baldwin Insurance Group could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.