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Heritage Insurance Holdings (HRTG)
NYSE:HRTG
RESEARCH TOOLSreports
Heritage Insurance Holdings (HRTG) Stock Price & Analysis
223 Followers
HRTG Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.15 - $11.23
Previous Close$10.29
Volume230.60K
Average Volume (3M)402.31K
Market Cap
$308.23M
Enterprise Value$339.41M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$28.46M
Price to Earnings (P/E)6.0
Beta0.90
Next Earnings
May 01, 2024EPS Estimate
$0.59Last Dividend Ex-Date
Jun 13, 2022Dividend YieldN/A
Share Statistics
EPS (TTM)1.72
Shares Outstanding30,218,938
10 Day Avg. Volume284,634
30 Day Avg. Volume402,308
Standard Deviation0.18
R-Squared0.07
Alpha0.00091
Financial Highlights & Ratios
Price to Book (P/B)1.77
Price to Sales (P/S)0.42
Price to Cash Flow (P/CF)0.80
P/FCF Ratio0.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.46
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$10.00Price Target Upside-2.82% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Heritage Insurance Holdings News
Bulls Say, Bears Say
Bulls Say
EarningsHeritage reported operating EPS of $1.17, beating estimates due to lower weather/catastrophe losses and a better-than-projected expense ratio.
Earnings SurpriseHeritage reported operating EPS of $1.17, which beat both the analyst's and consensus estimates due to lower weather/catastrophe losses and a better-than-projected expense ratio.
Regulatory EnvironmentRecent Florida reforms are expected to significantly improve loss ratios for Heritage, showing early favorable signs.
Bears Say
Analyst DowngradeShares of Heritage Insurance Holdings have meaningfully surpassed the previous price target, now viewed as fairly valued, prompting a downgrade to Market Perform.
Capital ConstraintsDespite the recent capital raise, we believe excess capital is limited, and therefore, growth will be as well.
Capital DestructionFrom year-end 2019 through year-end 2022, Heritage's book value declined by 67%, indicating significant capital destruction in recent years.
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Ownership Overview
33.26% Insiders
12.70% Mutual Funds
10.36% Other Institutional Investors
43.68% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HRTG FAQ
What was Heritage Insurance Holdings’s price range in the past 12 months?
Heritage Insurance Holdings lowest stock price was $3.15 and its highest was $11.23 in the past 12 months.
What is Heritage Insurance Holdings’s market cap?
Currently, no data Available
When is Heritage Insurance Holdings’s upcoming earnings report date?
Heritage Insurance Holdings’s upcoming earnings report date is May 01, 2024 which is today.
How were Heritage Insurance Holdings’s earnings last quarter?
Heritage Insurance Holdings released its earnings results on Mar 11, 2024. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $0.457 by $0.693.
Is Heritage Insurance Holdings overvalued?
According to Wall Street analysts Heritage Insurance Holdings’s price is currently Overvalued.
Does Heritage Insurance Holdings pay dividends?
Heritage Insurance Holdings pays a Quarterly dividend of $0.06 which represents an annual dividend yield of N/A. See more information on Heritage Insurance Holdings dividends here
What is Heritage Insurance Holdings’s EPS estimate?
Heritage Insurance Holdings’s EPS estimate is $0.59.
How many shares outstanding does Heritage Insurance Holdings have?
Heritage Insurance Holdings has 30,218,939 shares outstanding.
What happened to Heritage Insurance Holdings’s price movement after its last earnings report?
Heritage Insurance Holdings reported an EPS of $1.15 in its last earnings report, beating expectations of $0.457. Following the earnings report the stock price went up 25.175%.
Which hedge fund is a major shareholder of Heritage Insurance Holdings?
Among the largest hedge funds holding Heritage Insurance Holdings’s share is Driehaus Capital Management LLC. It holds Heritage Insurance Holdings’s shares valued at 12M.
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Heritage Insurance Holdings Stock Smart Score
Outperform
1
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3
4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.00 (-2.82% Downside)
$10.00 (-2.82% Downside)
Blogger Sentiment
Bullish
HRTG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 2.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.1%
Last 30 Days ▲ 12.5%
Last 30 Days ▲ 12.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
215.64%
12-Months-Change
Fundamentals
Return on Equity
25.79%
Trailing 12-Months
Asset Growth
7.04%
Trailing 12-Months
Company Description
Heritage Insurance Holdings
Heritage Insurance Holdings, Inc. engages in the writing of personal and residential premium, property, and casualty insurance policies. It offers personal residential insurance for single-family homeowners and condominium owners, rental property insurance, and commercial residential insurance. The company was founded in August 2012 and is headquartered in Clearwater, FL.
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HRTG Earnings Call
Q4 2024
0:00 / 0:00
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HRTG Stock 12 Months Forecast
Average Price Target
$10.00
▼(-2.82% Downside)
Universal Insurance Holdings
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First American Financial
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Hartford Financial
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HCI Group
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Best Analysts Covering HRTG
1 Year
1 Year Success Rate
12/15 ratings generated profit
1 Year Average Return
+64.63%
reiterated a buy rating 2 months ago
Copying Mark Hughes's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +64.63% per trade.
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