Heritage Insurance (HRTG) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HRTG shares.
View HRTG analyst ratings or view top-rated stocks.

3 brokers have issued 1-year price targets for Heritage Insurance's stock. Their HRTG share price forecasts range from $3.00 to $5.00. On average, they expect the company's stock price to reach $4.08 in the next year. This suggests that the stock has a possible downside of 14.6%.
View analysts price targets for HRTG or view top-rated stocks among Wall Street analysts.

Heritage Insurance's stock was trading at $1.80 at the start of the year. Since then, HRTG stock has increased by 165.6% and is now trading at $4.78.
View the best growth stocks for 2023 here.

Heritage Insurance saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 189,200 shares, an increase of 24.1% from the April 30th total of 152,500 shares. Based on an average trading volume of 186,700 shares, the short-interest ratio is presently 1.0 days. Approximately 1.0% of the shares of the company are sold short.
View Heritage Insurance's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our HRTG earnings forecast.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) announced its quarterly earnings results on Thursday, November, 4th. The insurance provider reported ($0.59) EPS for the quarter, missing the consensus estimate of ($0.38) by $0.21. The insurance provider had revenue of $167.41 million for the quarter, compared to analysts' expectations of $155.11 million. Heritage Insurance had a negative net margin of 16.10% and a negative trailing twelve-month return on equity of 12.89%. During the same quarter last year, the business posted ($0.19) EPS.

Heritage Insurance (NYSE:HRTG) pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.00%.
Read our dividend analysis for HRTG.

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), 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 BlackRock Inc. (4.19%), Dimensional Fund Advisors LP (2.67%), Spotlight Asset Group Inc. (2.25%), Renaissance Technologies LLC (1.41%), Two Sigma Investments LP (0.77%) and Two Sigma Advisers LP (0.75%). Insiders that own company stock include Ernie J Garateix, Ernie J Garateix, Kirk Lusk, Raymond T Hyer, Richard A Widdicombe and Steven C Martindale.
View institutional ownership trends.

Shares of HRTG stock 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 $4.78.

Heritage Insurance (NYSE:HRTG) has a market capitalization of $126.53 million and generates $680.77 million in revenue each year. The insurance provider earns $-154,360,000.00 in net income (profit) each year or ($4.12) on an earnings per share basis.

The company employs 648 workers across the globe.

Heritage Insurance's mailing address is 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL, 33759. The official website for the company is www.heritagepci.com. The insurance provider can be reached via phone at (727) 362-7202 or via email at asoleimani@heritagepci.com.