HCI Group's Chief Financial Officer, Mark Harmsworth, provided a positive financial outlook for the second quarter of 2025. He stated that the company expects shareholder equity to be close to $0.75 billion by the end of the second quarter.
Harmsworth also projected that book value per share would be near $60 by the end of Q2 2025. These figures indicate a continued strengthening of the company's financial position.
Furthermore, the CFO anticipated that the debt-to-capital ratio would be well below 10% by the end of the second quarter of 2025. This guidance suggests a significant improvement in leverage and overall balance sheet health.
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