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NYSE:HRTG

Heritage Insurance (HRTG) Stock Price, News & Analysis

$15.59
-0.68 (-4.18%)
(As of 09/6/2024 ET)
Today's Range
$15.41
$16.41
50-Day Range
$6.25
$16.65
52-Week Range
$4.28
$16.90
Volume
374,303 shs
Average Volume
434,941 shs
Market Capitalization
$477.62 million
P/E Ratio
9.51
Dividend Yield
N/A
Price Target
$10.67

Heritage Insurance MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
31.6% Downside
$10.67 Price Target
Short Interest
Healthy
4.19% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
0.09mentions of Heritage Insurance in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$107,508 Bought Last Quarter
Proj. Earnings Growth
18.13%
From $1.93 to $2.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.40 out of 5 stars

Finance Sector

135th out of 871 stocks

Fire, Marine, & Casualty Insurance Industry

12th out of 53 stocks

HRTG stock logo

About Heritage Insurance Stock (NYSE:HRTG)

Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance. It also provides restoration, emergency, and recovery services; property management, and reinsurance services; homeowners insurance products, including single-family, homeowners or duplex, and condominium owners; and dwelling fire insurance policies. In addition, the company provides personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as distribute indirectly to retail locations through wholesale agency relationships. Further, it offers personal and commercial insurance policies through a network of independent agencies. The company was founded in 2012 and is headquartered in Tampa, Florida.

HRTG Stock Price History

HRTG Stock News Headlines

Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Heritage Insurance (NYSE:HRTG) Stock Rating Lowered by StockNews.com
HRTG Mar 2025 7.500 put
Tampa insurer looks to resume new policies
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Heritage Reports Second Quarter 2024 Results
Heritage Insurance Rejoins Russell 3000® Index
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Fax
N/A
Employees
650
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.67
High Stock Price Target
$13.00
Low Stock Price Target
$7.00
Potential Upside/Downside
-31.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$45.31 million
Pretax Margin
8.58%

Debt

Sales & Book Value

Annual Sales
$768.14 million
Cash Flow
$1.29 per share
Book Value
$8.32 per share

Miscellaneous

Free Float
26,347,000
Market Cap
$477.62 million
Optionable
Optionable
Beta
0.90

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Key Executives

  • Mr. Ernesto Jose Garateix CPCU (Age 52)
    CEO & Director
    Comp: $2.52M
  • Mr. Kirk Howard Lusk (Age 63)
    CFO & Treasurer
    Comp: $1.44M
  • Mr. Timothy Michael Moura (Age 51)
    President of Narragansett Bay Insurance Company
    Comp: $1.12M
  • Ms. Sharon Ann Binnun (Age 62)
    Chief Accounting Officer
    Comp: $588.61k
  • Mr. Joseph Rene Peiso (Age 65)
    Vice President of Compliance
  • Mr. Timothy E. Johns (Age 67)
    President of Zephyr Insurance Company
    Comp: $454.44k
  • Mr. Stephen Lowell Rohde (Age 73)
    Advisory
    Comp: $959.41k

HRTG Stock Analysis - Frequently Asked Questions

How have HRTG shares performed this year?

Heritage Insurance's stock was trading at $6.52 at the beginning of the year. Since then, HRTG stock has increased by 139.1% and is now trading at $15.59.
View the best growth stocks for 2024 here
.

How were Heritage Insurance's earnings last quarter?

Heritage Insurance Holdings, Inc. (NYSE:HRTG) announced its quarterly earnings results on Tuesday, August, 6th. The insurance provider reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.23. The insurance provider had revenue of $203.57 million for the quarter, compared to analysts' expectations of $196.81 million. Heritage Insurance had a net margin of 7.37% and a trailing twelve-month return on equity of 26.27%.

Who are Heritage Insurance's major shareholders?

Top institutional shareholders of Heritage Insurance include Dimensional Fund Advisors LP (4.62%), Driehaus Capital Management LLC (4.12%), Pacific Ridge Capital Partners LLC (2.16%) and Marshall Wace LLP (1.83%). Insiders that own company stock include Raymond T Hyer, Ernie J Garateix, Richard A Widdicombe, Kirk Lusk, Nicholas George Pappas, Paul L Whiting and Steven C Martindale.
View institutional ownership trends
.

How do I buy shares of Heritage Insurance?

Shares of HRTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Heritage Insurance own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Heritage Insurance investors own include United Insurance (UIHC), HCI Group (HCI), VEREIT (VER), Huntington Bancshares (HBAN), Pattern Energy Group (PEGI), Universal Insurance (UVE) and Weyerhaeuser (WY).

This page (NYSE:HRTG) was last updated on 9/7/2024 by MarketBeat.com Staff

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