Gilford Securities boosted their price target on shares of Homeowners Choice (NYSE: HCI) from $26.00 to $30.00 in a research note issued on Wednesday. The firm currently has a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Homeowners Choice from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 16th. They now have a $24.70 price target on the stock. Analysts at Sidoti upgraded shares of Homeowners Choice from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 11th. They now have a $24.00 price target on the stock.
Shares of Homeowners Choice traded up 18.63% during mid-day trading on Wednesday, hitting $24.6395. Homeowners Choice has a 52 week low of $10.90 and a 52 week high of $26.60. The stock’s 50-day moving average is currently $21.92. The company has a market cap of $251.0 million and a P/E ratio of 8.62.
The company also recently announced a quarterly dividend, which is scheduled for Friday, March 15th. Shareholders of record on Friday, February 15th will be paid a dividend of $0.23 per share. This represents a $0.90 annualized dividend and a dividend yield of 3.65%. The ex-dividend date is Wednesday, February 13th.
Homeowners Choice, Inc. is a holding company. The Company, through its subsidiaries, is engaged in the property and casualty insurance business.
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