NYSE:HRTG - Heritage Insurance Stock Price, Forecast & News

Heritage Insurance's stock was trading at $10.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HRTG stock has decreased by 3.2% and is now trading at $10.07. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Heritage Insurance.

Heritage Insurance is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Heritage Insurance.

Heritage Insurance Holdings Inc (NYSE:HRTG) issued its quarterly earnings data on Thursday, February, 27th. The insurance provider reported $0.44 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.35 by $0.09. The insurance provider earned $138.50 million during the quarter, compared to analyst estimates of $130.19 million. Heritage Insurance had a net margin of 5.60% and a return on equity of 6.30%. View Heritage Insurance's earnings history.

Heritage Insurance declared a quarterly dividend on Thursday, February 27th. Shareholders of record on Monday, March 16th will be given a dividend of $0.06 per share on Friday, April 3rd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Friday, March 13th. View Heritage Insurance's dividend history.

3 Wall Street analysts have issued 1 year price targets for Heritage Insurance's stock. Their forecasts range from $16.00 to $19.00. On average, they expect Heritage Insurance's stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 72.1% from the stock's current price. View analysts' price targets for Heritage Insurance.

News headlines about HRTG stock have been trending somewhat positive this week, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Heritage Insurance earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutHeritage Insurance.

Heritage Insurance saw a drop in short interest in March. As of March 13th, there was short interest totaling 618,300 shares, a drop of 7.2% from the February 27th total of 666,200 shares. Based on an average daily volume of 129,300 shares, the days-to-cover ratio is presently 4.8 days. Approximately 2.4% of the shares of the stock are sold short. View Heritage Insurance's Current Options Chain.

Some companies that are related to Heritage Insurance include Amerisafe (AMSF), Employers (EIG), James River Group (JRVR), United Fire Group (UFCS), Third Point Reinsurance (TPRE), Universal Insurance (UVE), BlackRock TCP Capital (TCPC), Donegal Group (DGICA), United Insurance (UIHC), Global Indemnity (GBLI), Watford (WTRE), Donegal Group (DGICB), HCI Group (HCI), NI (NODK) and Greenlight Capital Re (GLRE).

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), Virtu Financial (VIRT), Huntington Bancshares (HBAN), Pattern Energy Group (PEGI), Twitter (TWTR), Universal Insurance (UVE), Century Aluminum (CENX) and FireEye (FEYE).

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 shareholders include Royce & Associates LP (3.41%), LSV Asset Management (2.16%), Credit Suisse AG (1.98%), State Street Corp (1.78%), Mesirow Financial Investment Management Equity Management (1.68%) and Pacific Ridge Capital Partners LLC (1.56%). Company insiders that own Heritage Insurance stock include Bruce Lucas, Ernie J Garateix, James Masiello, Kirk Lusk, Richard A Widdicombe 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 LSV Asset Management, Kennedy Capital Management Inc., Mesirow Financial Investment Management Equity Management, Alliancebernstein L.P., Foundry Partners LLC, Wedge Capital Management L L P NC, Stifel Financial Corp, and Group One Trading L.P.. View insider buying and selling activity for Heritage Insurance.

HRTG stock was acquired by a variety of institutional investors in the last quarter, including Credit Suisse AG, Royce & Associates LP, California Public Employees Retirement System, Jacobs Levy Equity Management Inc., Bank of New York Mellon Corp, Martingale Asset Management L P, Trexquant Investment LP, and Victory Capital Management Inc.. Company insiders that have bought Heritage Insurance stock in the last two years include Bruce Lucas, Ernie J Garateix, James Masiello, Kirk Lusk, Richard A Widdicombe, and Steven C Martindale. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of HRTG stock can currently be purchased for approximately $10.07.

Heritage Insurance has a market capitalization of $291.33 million and generates $511.30 million in revenue each year. The insurance provider earns $28.64 million in net income (profit) each year or $0.95 on an earnings per share basis. Heritage Insurance employs 438 workers across the globe. View additional information about Heritage Insurance.

The official website for Heritage Insurance is http://www.heritagepci.com/.

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]