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
Current SymbolNYSE:HRTG
Previous Symbol
CUSIPN/A
Phone727-362-7200
Debt
Debt-to-Equity Ratio0.46
Current Ratio0.78
Quick Ratio0.78
Price-To-Earnings
Trailing P/E Ratio9.69
Forward P/E Ratio12.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$406.62 million
Price / Sales0.97
Cash Flow$2.4176 per share
Price / Cash Flow6.13
Book Value$15.62 per share
Price / Book0.95
Profitability
EPS (Most Recent Fiscal Year)$1.53
Net Income$-1,110,000.00
Net Margins3.92%
Return on Equity13.85%
Return on Assets2.87%
Miscellaneous
Employees431
Outstanding Shares26,600,000
Market Cap$401.93 million
OptionableOptionable
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 announced a quarterly dividend on Thursday, November 1st. Investors of record on Saturday, December 15th will be given a dividend of $0.06 per share on Friday, January 4th. This represents a $0.24 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Thursday, December 13th. View Heritage Insurance's Dividend History.
How were Heritage Insurance's earnings last quarter?
Heritage Insurance Holdings Inc (NYSE:HRTG) posted its quarterly earnings results on Wednesday, October, 31st. The insurance provider reported $0.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.13) by $0.36. The insurance provider had revenue of $125.30 million for the quarter, compared to analyst estimates of $123.59 million. Heritage Insurance had a return on equity of 13.85% and a net margin of 3.92%. 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 targets for Heritage Insurance's shares. Their forecasts range from $16.00 to $26.00. On average, they anticipate Heritage Insurance's stock price to reach $19.90 in the next year. This suggests a possible upside of 34.3% 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.
Has Heritage Insurance been receiving favorable news coverage?
Media coverage about HRTG stock has been trending very positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Heritage Insurance earned a daily sentiment score of 3.6 on InfoTrie's scale. They also assigned news articles about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Heritage Insurance's key competitors?
Some companies that are related to Heritage Insurance include Horace Mann Educators (HMN), State Auto Financial (STFC), Universal Insurance (UVE), Employers (EIG), United Fire Group (UFCS), Safety Insurance Group (SAFT), Kinsale Capital Group (KNSL), Amerisafe (AMSF), James River Group (JRVR), Third Point Reinsurance (TPRE), BlackRock TCP Capital (TCPC), United Insurance (UIHC), EMC Insurance Group (EMCI), HCI Group (HCI) and Global Indemnity (GBLI).
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)
Who are Heritage Insurance's major shareholders?
Heritage Insurance's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.18%), Credit Suisse AG (3.91%), LSV Asset Management (3.59%), JPMorgan Chase & Co. (3.52%), JPMorgan Chase & Co. (3.51%) and Dimensional Fund Advisors LP (3.46%). 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 institutional investors are selling Heritage Insurance stock?
HRTG stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Fuller & Thaler Asset Management Inc., Vanguard Group Inc., Pacific Ridge Capital Partners LLC, Great Lakes Advisors LLC, Morgan Stanley, Phocas Financial Corp. and Rothschild & Co. Asset Management US Inc.. View Insider Buying and Selling for Heritage Insurance.
Which institutional investors are buying Heritage Insurance stock?
HRTG stock was purchased by a variety of institutional investors in the last quarter, including Credit Suisse AG, Kirr Marbach & Co. LLC IN, Mesirow Financial Investment Management Equity Management, Royce & Associates LP, Renaissance Technologies LLC, LSV Asset Management, Foundry Partners LLC and Victory Capital Management Inc.. 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 $14.82.
How big of a company is Heritage Insurance?
Heritage Insurance has a market capitalization of $401.93 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.
What is Heritage Insurance's official website?
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.
