Heritage Insurance - HRTG Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last year. There are currently 1 buy rating 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.

1 Wall Street research analysts have issued 12-month price objectives for Heritage Insurance's stock. Their HRTG share price forecasts range from $3.00 to $4.30. On average, they expect the company's stock price to reach $3.65 in the next year. This suggests a possible upside of 58.0% from the stock's current price.
View analysts price targets for HRTG or view top-rated stocks among Wall Street analysts.

Heritage Insurance's stock was trading at $1.80 at the start of the year. Since then, HRTG shares have increased by 28.3% and is now trading at $2.31.
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Heritage Insurance saw a decline in short interest in the month of December. As of December 30th, there was short interest totaling 149,300 shares, a decline of 13.3% from the December 15th total of 172,300 shares. Based on an average daily volume of 166,900 shares, the short-interest ratio is presently 0.9 days. Approximately 0.8% of the company's shares are sold short.
View Heritage Insurance's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, March 6th 2023.
View our HRTG earnings forecast.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) posted its earnings results on Tuesday, November, 8th. The insurance provider reported ($1.83) earnings per share for the quarter, missing the consensus estimate of ($1.24) by $0.59. The insurance provider earned $165.49 million during the quarter, compared to the consensus estimate of $161.13 million. Heritage Insurance had a negative net margin of 33.01% and a negative trailing twelve-month return on equity of 28.08%.

Heritage Insurance declared a quarterly dividend on Thursday, May 5th. Shareholders of record on Tuesday, June 14th will be given a dividend of $0.06 per share on Tuesday, July 5th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 10.39%. The ex-dividend date of this dividend is Monday, June 13th.
Read our dividend analysis for HRTG.

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).

Heritage Insurance trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRTG."

Heritage Insurance's stock is owned by a number of institutional and retail investors. Top institutional shareholders include International Assets Investment Management LLC (1.53%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). 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.

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.
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One share of HRTG stock can currently be purchased for approximately $2.31.

Heritage Insurance (NYSE:HRTG) has a market capitalization of $59.78 million and generates $631.56 million in revenue each year. The insurance provider earns $-74,730,000.00 in net income (profit) each year or ($8.09) on an earnings per share basis.

The company employs 648 workers across the globe.

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.