NYSE:HRTGHeritage Insurance Stock Price, Forecast & News

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 shares have increased by 19.8% and is now trading at $12.46. 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) announced its quarterly earnings results on Monday, May, 4th. The insurance provider reported $0.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 6.57% and a net margin of 5.57%. View Heritage Insurance's earnings history.

Heritage Insurance declared a quarterly dividend on Monday, May 4th. Shareholders 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 1.93%. The ex-dividend date is Friday, June 12th. View Heritage Insurance's dividend history.

4 brokers have issued 12-month price targets for Heritage Insurance's shares. Their forecasts range from $15.00 to $17.00. On average, they anticipate Heritage Insurance's stock price to reach $16.25 in the next year. This suggests a possible upside of 30.4% from the stock's current price. View analysts' price targets for Heritage Insurance.

Media stories about HRTG stock have trended negative recently, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Heritage Insurance earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage 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 immediate future. View the latest news about Heritage Insurance.

Heritage Insurance saw a increase in short interest in June. As of June 15th, there was short interest totaling 636,900 shares, an increase of 10.4% from the May 31st total of 576,800 shares. Based on an average trading volume of 173,300 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.6% of the company's shares are short sold. View Heritage Insurance's Current Options Chain.

Some companies that are related to Heritage Insurance include James River Group (JRVR), Amerisafe (AMSF), Safety Insurance Group (SAFT), Employers (EIG), ProAssurance (PRA), State Auto Financial (STFC), Third Point Reinsurance (TPRE), United Fire Group (UFCS), Universal Insurance (UVE), BlackRock TCP Capital (TCPC), Donegal Group (DGICA), HCI Group (HCI), Global Indemnity (GBLI), NI (NODK) and Donegal Group (DGICB). 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."

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 $12.46.

Heritage Insurance has a market capitalization of $351.52 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]