Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners; rental property insurance; and commercial residential insurance, as well as residential wind-only property insurance in Alabama, Connecticut, Florida, Georgia, Hawaii, Massachusetts, New York, New Jersey, North Carolina, Rhode Island, and South Carolina. As of December 31, 2017, it had approximately 521,350 personal residential policies and 3,100 commercial residential policies. The company markets and writes its voluntary personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through 8 wholesale agency relationships. It also provides restoration, and emergency and recovery services; and property management, retail agency, and reinsurance services. The company was founded in 2012 and is headquartered in Clearwater, Florida.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
SymbolNYSE:HRTG
CUSIPN/A
Phone727-362-7200
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.81
Quick Ratio0.81
Price-To-Earnings
Trailing P/E Ratio10.12
Forward P/E Ratio10.33
P/E GrowthN/A
Sales & Book Value
Annual Sales$406.62 million
Price / Sales1.01
Cash Flow$2.6077 per share
Price / Cash5.94
Book Value$15.62 per share
Price / Book0.99
Profitability
EPS (Most Recent Fiscal Year)$1.53
Net Income$-1,110,000.00
Net Margins0.79%
Return on Equity10.66%
Return on Assets2.15%
Miscellaneous
Employees431
Outstanding Shares26,570,000
Market Cap$388.98 million
Heritage Insurance (NYSE:HRTG) Frequently Asked Questions
What is Heritage Insurance's stock symbol?
Heritage Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRTG."
How often does Heritage Insurance pay dividends? What is the dividend yield for Heritage Insurance?
Heritage Insurance declared a quarterly dividend on Thursday, August 2nd. Investors of record on Saturday, September 15th will be paid a dividend of $0.06 per share on Wednesday, October 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, September 13th. View Heritage Insurance's Dividend History.
How were Heritage Insurance's earnings last quarter?
Heritage Insurance Holdings Inc (NYSE:HRTG) issued its earnings results on Monday, May, 7th. The insurance provider reported $0.55 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.13. The insurance provider earned $112.03 million during the quarter, compared to analyst estimates of $137.03 million. Heritage Insurance had a net margin of 0.79% and a return on equity of 10.66%. View Heritage Insurance's Earnings History.
When is Heritage Insurance's next earnings date?
What price target have analysts set for HRTG?
5 equities research analysts have issued 1 year price objectives for Heritage Insurance's stock. Their forecasts range from $16.00 to $26.00. On average, they anticipate Heritage Insurance's stock price to reach $20.60 in the next year. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Heritage Insurance.
What is the consensus analysts' recommendation for Heritage Insurance?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heritage Insurance.
Who are some of Heritage Insurance's key competitors?
Some companies that are related to Heritage Insurance include Safety Insurance Group (SAFT), Employers (EIG), State Auto Financial (STFC), Third Point Reinsurance (TPRE), Kinsale Capital Group (KNSL), United Fire Group (UFCS), Amerisafe (AMSF), James River Group (JRVR), United Insurance (UIHC), TCP Capital (TCPC), Global Indemnity (GBLI), EMC Insurance Group (EMCI), Greenlight Capital Re (GLRE), Donegal Group Inc. Class B (DGICB) and Donegal Group Inc. Class A (DGICA).
Who are Heritage Insurance's key executives?
Heritage Insurance's management team includes the folowing people:
- Mr. Bruce Thomas Lucas, Chairman & CEO (Age 46)
- Mr. Richard Alexander Widdicombe, Pres & Director (Age 59)
- Mr. Ernesto Jose Garateix, Chief Operating Officer (Age 46)
- Mr. Kirk Howard Lusk, Chief Financial Officer (Age 57)
- Ms. Sharon Ann Binnun, Chief Accounting Officer (Age 56)
Has Heritage Insurance been receiving favorable news coverage?
Media headlines about HRTG stock have been trending somewhat positive recently, Accern reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Heritage Insurance earned a media and rumor sentiment score of 0.22 on Accern's scale. They also assigned media coverage about the insurance provider an impact score of 46.82 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Heritage Insurance.
Who are Heritage Insurance's major shareholders?
Heritage Insurance's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.80%), Dimensional Fund Advisors LP (3.48%), LSV Asset Management (3.36%), Royce & Associates LP (3.05%), Creative Planning (2.86%) and Northpointe Capital LLC (2.71%). Company insiders that own Heritage Insurance stock include Bruce Lucas, Ernie J Garateix, Irini Barlas, James Masiello, Joseph Vattamattam, Kirk Lusk, Nicholas George Pappas, Richard A Widdicombe, Steven C Martindale and Vijay Walvekar. View Institutional Ownership Trends for Heritage Insurance.
Which major investors are selling Heritage Insurance stock?
HRTG stock was sold by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, BlackRock Inc., Creative Planning, Signia Capital Management LLC, GSA Capital Partners LLP, United Services Automobile Association, California Public Employees Retirement System and LSV Asset Management. View Insider Buying and Selling for Heritage Insurance.
Which major investors are buying Heritage Insurance stock?
HRTG stock was acquired by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Mesirow Financial Investment Management Equity Management, Phocas Financial Corp., Foundry Partners LLC, Wedge Capital Management L L P NC, Argent Capital Management LLC, Victory Capital Management Inc. and Royce & Associates LP. Company insiders that have bought Heritage Insurance stock in the last two years include Bruce Lucas, Ernie J Garateix, Irini Barlas, James Masiello, Joseph Vattamattam, Kirk Lusk, Richard A Widdicombe and Steven C Martindale. View Insider Buying and Selling for Heritage Insurance.
How do I buy shares of Heritage Insurance?
Shares of HRTG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Heritage Insurance's stock price today?
One share of HRTG stock can currently be purchased for approximately $15.49.
How big of a company is Heritage Insurance?
Heritage Insurance has a market capitalization of $388.98 million and generates $406.62 million in revenue each year. The insurance provider earns $-1,110,000.00 in net income (profit) each year or $1.53 on an earnings per share basis. Heritage Insurance employs 431 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 insurance provider can be reached via phone at 727-362-7200 or via email at [email protected]
MarketBeat Community Rating for Heritage Insurance (NYSE HRTG)
MarketBeat's community ratings are surveys of what our community members think about Heritage Insurance and other stocks. Vote "Outperform" if you believe HRTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HRTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
