Heritage Insurance Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Heritage Insurance stock.
View analyst ratings for Heritage Insurance or view top-rated stocks.

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Heritage Insurance saw a increase in short interest in February. As of February 26th, there was short interest totaling 564,900 shares, an increase of 22.5% from the February 11th total of 461,200 shares. Based on an average daily trading volume, of 174,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.3% of the shares of the stock are short sold.
View Heritage Insurance's Short Interest.

Heritage Insurance is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Heritage Insurance.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) issued its quarterly earnings results on Thursday, March, 4th. The insurance provider reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.39) by $0.49. The insurance provider earned $159.55 million during the quarter, compared to analysts' expectations of $145.05 million. Heritage Insurance had a net margin of 3.38% and a trailing twelve-month return on equity of 4.29%.
View Heritage Insurance's earnings history.

Heritage Insurance's stock was trading at $10.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HRTG shares have increased by 2.1% and is now trading at $10.62.
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Heritage Insurance announced a quarterly dividend on Wednesday, March 3rd. Stockholders of record on Monday, March 15th will be given a dividend of $0.06 per share on Tuesday, April 6th. This represents a $0.24 annualized dividend and a dividend yield of 2.26%. The ex-dividend date of this dividend is Friday, March 12th.
View Heritage Insurance's dividend history.

Heritage Insurance pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.24%. Heritage Insurance does not yet have a strock track record of dividend growth. The dividend payout ratio of Heritage Insurance is 25.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Heritage Insurance will have a dividend payout ratio of 15.19% next year. This indicates that Heritage Insurance will be able to sustain or increase its dividend.
View Heritage Insurance's dividend history.

2 analysts have issued 1-year target prices for Heritage Insurance's stock. Their forecasts range from $14.00 to $17.00. On average, they anticipate Heritage Insurance's stock price to reach $15.50 in the next twelve months. This suggests a possible upside of 46.0% from the stock's current price.
View analysts' price targets for Heritage Insurance or view top-rated stocks among Wall Street analysts.

Some companies that are related to Heritage Insurance include Employers (EIG), State Auto Financial (STFC), United Fire Group (UFCS), BlackRock TCP Capital (TCPC), Watford (WTRE), HCI Group (HCI), ProSight Global (PROS), ProSight Global (PROS), Donegal Group (DGICA), Universal Insurance (UVE), Donegal Group (DGICB), Global Indemnity Group (GBLI), NI (NODK), GAINSCO (GANS) and Tiptree (TIPT).
View all of HRTG's competitors.

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

Heritage Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRTG."

Heritage Insurance's stock is owned by a number of institutional and retail investors. Top institutional investors include Spotlight Asset Group Inc. (2.13%) and Wedge Capital Management L L P NC (0.32%). Company insiders that own Heritage Insurance stock include Bruce Lucas, Ernie J Garateix, Kirk Lusk and Steven C Martindale.
View institutional ownership trends for Heritage Insurance.

HRTG stock was bought by a variety of institutional investors in the last quarter, including Spotlight Asset Group Inc., and Wedge Capital Management L L P NC. Company insiders that have bought Heritage Insurance stock in the last two years include Ernie J Garateix, Kirk Lusk, and Steven C Martindale.
View insider buying and selling activity for Heritage Insurance or or view top insider-buying stocks.

Shares of HRTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HRTG stock can currently be purchased for approximately $10.62.

Heritage Insurance has a market capitalization of $296.99 million and generates $511.30 million in revenue each year. The insurance provider earns $28.64 million in net income (profit) each year or $0.95 on an earnings per share basis.

Heritage Insurance employs 641 workers across the globe.

The official website for Heritage Insurance is www.heritagepci.com.

Heritage Insurance is headquartered at 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL, 33759.

Heritage Insurance's mailing address is 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL, 33759. The insurance provider can be reached via phone at 727-362-7200 or via email at [email protected]