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

$10.07
-0.19 (-1.85 %)
(As of 03/27/2020 04:00 PM ET)
Today's Range
$9.79
Now: $10.07
$10.43
50-Day Range
$9.42
MA: $11.43
$12.73
52-Week Range
$7.50
Now: $10.07
$16.38
Volume274,090 shs
Average Volume235,347 shs
Market Capitalization$291.33 million
P/E Ratio10.28
Dividend Yield2.34%
Beta0.74
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 in Alabama, Connecticut, Florida, Georgia, Hawaii, Massachusetts, New York, New Jersey, North Carolina, Rhode Island, and South Carolina, as well as residential wind-only property insurance. As of December 31, 2018, it had approximately 512,793 personal residential policies and 3,000 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.
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Heritage Insurance logo

Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone727-362-7200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$511.30 million
Cash Flow$1.49 per share
Book Value$15.20 per share

Profitability

Net Income$28.64 million

Miscellaneous

Employees438
Market Cap$291.33 million
Next Earnings Date5/4/2020 (Estimated)
OptionableOptionable

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Heritage Insurance (NYSE:HRTG) Frequently Asked Questions

How has Heritage Insurance's stock been impacted by COVID-19 (Coronavirus)?

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.

Do Wall Street analysts recommend investors buy shares of Heritage Insurance?

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.

When is Heritage Insurance's next earnings date?

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

How were Heritage Insurance's earnings last quarter?

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.

How often does Heritage Insurance pay dividends? What is the dividend yield for Heritage Insurance?

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.

What price target have analysts set for HRTG?

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.

Has Heritage Insurance been receiving favorable news coverage?

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.

Are investors shorting Heritage 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.

Who are some of Heritage Insurance's key competitors?

What other stocks do shareholders of Heritage Insurance own?

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).

Who are Heritage Insurance's key executives?

Heritage Insurance's management team includes the following people:
  • Mr. Bruce Thomas Lucas, Chairman & CEO (Age 47)
  • Mr. Richard Alexander Widdicombe, Pres & Director (Age 60)
  • Mr. Ernesto Jose Garateix, Chief Operating Officer (Age 47)
  • Mr. Kirk Howard Lusk, Chief Financial Officer (Age 58)
  • Ms. Sharon Ann Binnun, Chief Accounting Officer (Age 57)

What is Heritage Insurance's stock symbol?

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

Who are Heritage Insurance's major shareholders?

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.

Which institutional investors are selling Heritage Insurance stock?

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.

Which institutional investors are buying Heritage Insurance stock?

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.

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, Robinhood, Fidelity, and Charles Schwab.

What is Heritage Insurance's stock price today?

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

How big of a company is Heritage Insurance?

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.

What is Heritage Insurance's official website?

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

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  269 (Vote Outperform)
Underperform Votes:  241 (Vote Underperform)
Total Votes:  510
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.
This page was last updated on 3/28/2020 by MarketBeat.com Staff

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