Heritage Insurance Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last twelve months. There are currently 1 buy rating 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 during the month of May. As of May 28th, there was short interest totaling 592,900 shares, an increase of 22.2% from the May 13th total of 485,000 shares. Based on an average trading volume of 142,100 shares, the short-interest ratio is presently 4.2 days. Approximately 2.4% of the company's shares are sold short.
View Heritage Insurance's Short Interest.

Heritage Insurance is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Heritage Insurance.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) posted its quarterly earnings data on Wednesday, May, 5th. The insurance provider reported ($0.19) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.23 by $0.42. The insurance provider had revenue of $147.24 million for the quarter, compared to analyst estimates of $145.08 million. Heritage Insurance had a negative trailing twelve-month return on equity of 0.78% and a negative net margin of 0.57%.
View Heritage Insurance's earnings history.

Heritage Insurance's stock was trading at $10.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HRTG stock has decreased by 15.9% and is now trading at $8.75.
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Heritage Insurance announced a quarterly dividend on Wednesday, May 5th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.06 per share on Tuesday, July 6th. This represents a $0.24 annualized dividend and a dividend yield of 2.74%. The ex-dividend date of this dividend is Monday, June 14th.
View Heritage Insurance's dividend history.

Heritage Insurance pays an annual dividend of $0.24 per share and currently has a dividend yield of 2.73%. Heritage Insurance does not yet have a strong track record of dividend growth. The dividend payout ratio of Heritage Insurance is 72.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Heritage Insurance will have a dividend payout ratio of 22.22% next year. This indicates that Heritage Insurance will be able to sustain or increase its dividend.
View Heritage Insurance's dividend history.

1 brokerages have issued 1 year price targets for Heritage Insurance's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Heritage Insurance's stock price to reach $14.00 in the next year. This suggests a possible upside of 60.0% 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 BlackRock TCP Capital (TCPC), State Auto Financial (STFC), HCI Group (HCI), Trean Insurance Group (TIG), United Fire Group (UFCS), Watford (WTRE), ProSight Global (PROS), ProSight Global (PROS), Donegal Group (DGICA), Universal Insurance (UVE), Global Indemnity Group (GBLI), NI (NODK), GAINSCO (GANS), Tiptree (TIPT) and Protective Insurance (PTVCB).
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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.25%), Dimensional Fund Advisors LP (5.47%), Royce & Associates LP (4.08%), Pacific Ridge Capital Partners LLC (2.68%), Ameriprise Financial Inc. (2.24%) and Spotlight Asset Group Inc. (2.13%). Company insiders that own Heritage Insurance stock include Bruce Lucas, Ernie J Garateix and Steven C Martindale.
View institutional ownership trends for Heritage Insurance.

HRTG stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Royce & Associates LP, Dimensional Fund Advisors LP, Kirr Marbach & Co. LLC IN, Morgan Stanley, Avantax Planning Partners Inc., Kennedy Capital Management Inc., and Northern Trust Corp.
View insider buying and selling activity for Heritage Insurance or view top insider-selling stocks.

HRTG stock was purchased by a variety of institutional investors in the last quarter, including Spotlight Asset Group Inc., BlackRock Inc., Pacific Ridge Capital Partners LLC, Penn Capital Management Co. Inc., Russell Investments Group Ltd., Acuitas Investments LLC, AQR Capital Management LLC, and Boston Partners. Company insiders that have bought Heritage Insurance stock in the last two years include Ernie J Garateix, 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 $8.75.

Heritage Insurance has a market capitalization of $244.69 million and generates $593.39 million in revenue each year. The insurance provider earns $9.33 million in net income (profit) each year or $0.33 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]