NYSE:HRTG Heritage Insurance (HRTG) Stock Forecast, Price & News $4.78 -0.24 (-4.78%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$4.76▼$5.1150-Day Range$2.88▼$5.1052-Week Range$1.12▼$5.23Volume98,951 shsAverage Volume160,346 shsMarket Capitalization$126.53 millionP/E RatioN/ADividend YieldN/APrice Target$4.08 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Heritage Insurance MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.6% Downside$4.08 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-0.68Upright™ Environmental ScoreNews SentimentN/AInsider TradingAcquiring Shares$18,120 Bought Last QuarterProj. Earnings Growth30.16%From $0.63 to $0.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 starsFinance Sector499th out of 861 stocksFire, Marine, & Casualty Insurance Industry25th out of 45 stocks 1.3 Analyst's Opinion Consensus RatingHeritage Insurance has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.08, Heritage Insurance has a forecasted downside of 14.6% from its current price of $4.78.Amount of Analyst CoverageHeritage Insurance has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.97% of the float of Heritage Insurance has been sold short.Short Interest Ratio / Days to CoverHeritage Insurance has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Insurance has recently increased by 24.07%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldHeritage Insurance does not currently pay a dividend.Dividend GrowthHeritage Insurance does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Heritage Insurance will have a dividend payout ratio of 29.27% next year. This indicates that Heritage Insurance will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHeritage Insurance has received a 24.79% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Basic home insurance services for individuals", "Life insurance services for individuals", "Passenger car insurance services for individuals", "Commercial general liability insurance", and "Worker's compensation insurance" products. See details.Environmental SustainabilityThe Environmental Impact score for Heritage Insurance is -0.68. Previous Next 3.6 News and Social Media Coverage News SentimentHeritage Insurance has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Heritage Insurance this week, compared to 1 article on an average week.Search Interest5 people have searched for HRTG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows4 people have added Heritage Insurance to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Insurance insiders have bought more of their company's stock than they have sold. Specifically, they have bought $18,120.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders11.90% of the stock of Heritage Insurance is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions49.29% of the stock of Heritage Insurance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Heritage Insurance are expected to grow by 30.16% in the coming year, from $0.63 to $0.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Insurance is -1.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Insurance is -1.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioHeritage Insurance has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Heritage Insurance (NYSE:HRTG) StockHeritage Insurance Holdings, Inc. engages in the provision 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 Tampa, FL.Read More Receive HRTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Heritage Insurance and its competitors with MarketBeat's FREE daily newsletter. Email Address HRTG Stock News HeadlinesJune 5, 2023 | finance.yahoo.comThe past five years for Heritage Insurance Holdings (NYSE:HRTG) investors has not been profitableMay 30, 2023 | americanbankingnews.comHeritage Insurance Holdings, Inc. (NYSE:HRTG) Short Interest UpdateJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 19, 2023 | bizjournals.comHeritage inks deal with reinsurers despite a reluctance to do business in FloridaMay 18, 2023 | finance.yahoo.comHeritage Announces Full Placement of 2023-2024 CAT XOL Reinsurance ProgramMay 18, 2023 | americanbankingnews.comHeritage Insurance (NYSE:HRTG) Research Coverage Started at StockNews.comMay 16, 2023 | americanbankingnews.comHeritage Insurance Holdings, Inc. (NYSE:HRTG) Sees Large Increase in Short InterestMay 16, 2023 | marketwatch.comWhen Heritage Insurance Holdings In ($HRTG) Moves Investors should ListenJune 8, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 12, 2023 | americanbankingnews.comHeritage Insurance (NYSE:HRTG) Price Target Increased to $4.25 by Analysts at Piper SandlerMay 11, 2023 | americanbankingnews.comPiper Sandler Boosts Heritage Insurance (NYSE:HRTG) Price Target to $4.25May 11, 2023 | americanbankingnews.comHeritage Insurance (NYSE:HRTG) Lifted to Strong-Buy at StockNews.comMay 9, 2023 | finance.yahoo.comHeritage Insurance Holdings, Inc.'s (NYSE:HRTG) large institutional owners must be happy as stock continues to impress, up 18% over the past weekMay 8, 2023 | msn.comPiper Sandler Maintains Heritage Insurance Holdings (HRTG) Neutral RecommendationMay 7, 2023 | insidermonkey.comHeritage Insurance Holdings, Inc. (NYSE:HRTG) Q1 2023 Earnings Call TranscriptMay 6, 2023 | finance.yahoo.comQ1 2023 Heritage Insurance Holdings Inc Earnings CallMay 5, 2023 | msn.comUnusual Call Option Trade in Heritage Insurance Holdings (HRTG) Worth $24.98KMay 5, 2023 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Agree Realty (ADC), Arbor Realty (ABR) and Heritage Insurance Holdings (HRTG)May 5, 2023 | bizjournals.comHeritage Insurance returns to profitability as it exits Florida’s marketMay 4, 2023 | msn.comRecap: Heritage Insurance Hldgs Q1 EarningsMay 4, 2023 | finance.yahoo.comHeritage Reports First Quarter 2023 ResultsMay 3, 2023 | americanbankingnews.comHeritage Insurance (HRTG) Set to Announce Earnings on ThursdayApril 19, 2023 | msn.comJMP Securities Reiterates Heritage Insurance Holdings (HRTG) Market Outperform RecommendationApril 18, 2023 | markets.businessinsider.comJMP Securities Sticks to Their Buy Rating for Heritage Insurance Holdings (HRTG)April 18, 2023 | entrepreneur.com3 Buy Now Stocks Above the 50-Day Moving AverageApril 18, 2023 | finance.yahoo.comHeritage Announces First Quarter 2023 Earnings DatesApril 17, 2023 | marketwatch.comHeritage Insurance Holdings In $HRTG Trading SignalsSee More Headlines HRTG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HRTG Company Calendar Last Earnings11/04/2021Today6/08/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Fire, marine, & casualty insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:HRTG CUSIPN/A CIK1598665 Webwww.heritagepci.com Phone(727) 362-7202FaxN/AEmployees648Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.08 High Stock Price Forecast$5.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside-14.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($4.12) Trailing P/E RatioN/A Forward P/E Ratio7.59 P/E GrowthN/ANet Income$-154,360,000.00 Net Margins-16.10% Pretax Margin-15.80% Return on Equity-12.89% Return on Assets-0.83% Debt Debt-to-Equity Ratio0.82 Current Ratio0.72 Quick Ratio0.72 Sales & Book Value Annual Sales$680.77 million Price / Sales0.19 Cash Flow$1.50 per share Price / Cash Flow3.18 Book Value$5.06 per share Price / Book0.94Miscellaneous Outstanding Shares26,470,000Free Float23,320,000Market Cap$126.53 million OptionableOptionable Beta0.77 Social Links Key ExecutivesRichard Alexander WiddicombeChairman & PresidentErnesto Jose GarateixChief Executive Officer & DirectorKirk Howard LuskChief Financial Officer & TreasurerJoseph R. PeisoVice President-ComplianceSharon BinnunChief Accounting OfficerKey CompetitorsRootNASDAQ:ROOTMaidenNASDAQ:MHLDICCNASDAQ:ICCHUnited InsuranceNASDAQ:UIHCKingsway Financial ServicesNYSE:KFSView All CompetitorsInsiders & InstitutionsSpotlight Asset Group Inc.Bought 595,517 shares on 5/16/2023Ownership: 2.250%Jane Street Group LLCBought 37,782 shares on 5/16/2023Ownership: 0.143%Susquehanna International Group LLPSold 1,600 shares on 5/16/2023Ownership: 0.000%Two Sigma Investments LPSold 49,110 shares on 5/15/2023Ownership: 0.765%Cubist Systematic Strategies LLCBought 11,899 shares on 5/15/2023Ownership: 0.045%View All Insider TransactionsView All Institutional Transactions HRTG Stock - Frequently Asked Questions Should I buy or sell Heritage Insurance stock right now? 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. What is Heritage Insurance's stock price forecast for 2023? 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. How have HRTG shares performed in 2023? 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. Are investors shorting Heritage Insurance? 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. When is Heritage Insurance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our HRTG earnings forecast. How were Heritage Insurance's earnings last quarter? 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. Is Heritage Insurance a good dividend stock? 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. What other stocks do shareholders of Heritage Insurance own? 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). What is Heritage Insurance's stock symbol? Heritage Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRTG." Who are Heritage Insurance's major shareholders? 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. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Heritage Insurance's stock price today? One share of HRTG stock can currently be purchased for approximately $4.78. How much money does Heritage Insurance make? 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. How many employees does Heritage Insurance have? The company employs 648 workers across the globe. How can I contact Heritage Insurance? 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. This page (NYSE:HRTG) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Heritage Insurance Holdings, Inc. 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