NYSE:HRTGHeritage Insurance Stock Price, Forecast & News

Heritage Insurance's stock was trading at $10.40 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HRTG shares have increased by 20.6% and is now trading at $12.54. View which stocks have been most impacted by Coronavirus.

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

Heritage Insurance is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Heritage Insurance.

Heritage Insurance Holdings Inc (NYSE:HRTG) released its earnings results on Monday, May, 4th. The insurance provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.03. The insurance provider had revenue of $132.71 million for the quarter, compared to analysts' expectations of $127.39 million. Heritage Insurance had a net margin of 5.57% and a return on equity of 6.57%. View Heritage Insurance's earnings history.

Heritage Insurance declared a quarterly dividend on Monday, May 4th. Investors of record on Monday, June 15th will be paid a dividend of $0.06 per share on Monday, July 6th. This represents a $0.24 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Friday, June 12th. View Heritage Insurance's dividend history.

4 analysts have issued 12 month price objectives for Heritage Insurance's shares. Their forecasts range from $15.00 to $17.00. On average, they anticipate Heritage Insurance's share price to reach $16.25 in the next year. This suggests a possible upside of 29.6% from the stock's current price. View analysts' price targets for Heritage Insurance.

Media stories about HRTG stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Heritage Insurance earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned media stories about the insurance provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutHeritage Insurance.

Some companies that are related to Heritage Insurance include Amerisafe (AMSF), James River Group (JRVR), Safety Insurance Group (SAFT), Employers (EIG), State Auto Financial (STFC), ProAssurance (PRA), Third Point Reinsurance (TPRE), United Fire Group (UFCS), BlackRock TCP Capital (TCPC), Universal Insurance (UVE), Donegal Group (DGICA), Donegal Group (DGICB), HCI Group (HCI), Global Indemnity (GBLI) and United Insurance (UIHC). View all 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), Ring Energy (REI), Ring Energy (REI), Huntington Bancshares (HBAN), Pattern Energy Group (PEGI), Universal Insurance (UVE), Weyerhaeuser (WY) 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. (8.25%), State Street Corp (1.84%), Mesirow Financial Investment Management Equity Management (1.67%), Nuveen Asset Management LLC (1.41%), Geode Capital Management LLC (1.31%) and Martingale Asset Management L P (1.00%). 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 Foundry Partners LLC, Federated Hermes Inc., Morgan Stanley, IndexIQ Advisors LLC, Kirr Marbach & Co. LLC IN, Parametric Portfolio Associates LLC, JPMorgan Chase & Co., and Nuveen Asset Management LLC. View insider buying and selling activity for Heritage Insurance.

HRTG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Signia Capital Management LLC, Geode Capital Management LLC, Aperio Group LLC, Envestnet Asset Management Inc., and Alberta Investment Management Corp. 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 $12.54.

Heritage Insurance has a market capitalization of $353.78 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.

The official website for Heritage Insurance is 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]