Heritage Insurance Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Insurance in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Heritage Insurance stock.
View analyst ratings for Heritage Insurance or view top-rated stocks.

Wall Street analysts have given Heritage Insurance a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Heritage Insurance wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Heritage Insurance is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.
View our earnings forecast for Heritage Insurance.

Heritage Insurance Holdings, Inc. (NYSE:HRTG) announced its quarterly earnings results on Thursday, August, 5th. The insurance provider reported ($0.14) earnings per share for the quarter, topping analysts' consensus estimates of ($0.19) by $0.05. The insurance provider earned $150.20 million during the quarter, compared to analyst estimates of $140.10 million. Heritage Insurance had a negative net margin of 1.85% and a negative trailing twelve-month return on equity of 2.65%.
View Heritage Insurance's earnings history.

Heritage Insurance's stock was trading at $10.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HRTG shares have decreased by 38.8% and is now trading at $6.37.
View which stocks have been most impacted by COVID-19.

Heritage Insurance declared a quarterly dividend on Thursday, August 5th. Shareholders of record on Wednesday, September 15th will be given a dividend of $0.06 per share on Wednesday, October 6th. This represents a $0.24 annualized dividend and a yield of 3.77%. The ex-dividend date is Tuesday, September 14th.
View Heritage Insurance's dividend history.

Heritage Insurance pays an annual dividend of $0.24 per share and currently has a dividend yield of 3.84%. The dividend payout ratio of Heritage Insurance is 72.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Heritage Insurance will have a dividend payout ratio of 26.67% next year. This indicates that Heritage Insurance will be able to sustain or increase its dividend.
View Heritage Insurance's dividend history.

2 analysts have issued twelve-month target prices for Heritage Insurance's stock. Their forecasts range from $14.00 to $14.00. On average, they expect Heritage Insurance's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 119.8% from the stock's current price.
View analysts' price targets for Heritage Insurance or view top-rated stocks among Wall Street analysts.

Some companies that are related to Heritage Insurance include United Fire Group (UFCS), Trean Insurance Group (TIG), Metromile (MILE), Donegal Group (DGICA), Universal Insurance (UVE), Global Indemnity Group (GBLI), GAINSCO (GANS), NI (NODK), Tiptree (TIPT), Maiden (MHLD), Greenlight Capital Re (GLRE), Deep Yellow (DYLLF), United Insurance (UIHC), Kingsway Financial Services (KFS) and First Acceptance (FACO).
View all of HRTG's 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), Huntington Bancshares (HBAN), Pattern Energy Group (PEGI), Universal Insurance (UVE), Weyerhaeuser (WY), Angi (ANGI), (CNDT) 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 institutional and retail investors. Top institutional investors include Acuitas Investments LLC (11.08%), BlackRock Inc. (9.15%), Dimensional Fund Advisors LP (5.28%), Vanguard Group Inc. (4.52%), Pacific Ridge Capital Partners LLC (2.69%) and LSV Asset Management (1.88%). Company insiders that own Heritage Insurance stock include Bruce Lucas, Ernie J Garateix, Kirk Lusk 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 Vanguard Group Inc., Prudential Financial Inc., Kennedy Capital Management Inc., Dimensional Fund Advisors LP, JPMorgan Chase & Co., LSV Asset Management, Clear Harbor Asset Management LLC, and BlackRock Inc..
View insider buying and selling activity for Heritage Insurance or view top insider-selling stocks.

HRTG stock was bought by a variety of institutional investors in the last quarter, including Acuitas Investments LLC, Acuitas Investments LLC, Parametric Portfolio Associates LLC, Morgan Stanley, Morgan Stanley, GSA Capital Partners LLP, Stifel Financial Corp, and Squarepoint Ops LLC. Company insiders that have bought Heritage Insurance stock in the last two years include Ernie J Garateix, Kirk Lusk, and Steven C Martindale.
View insider buying and selling activity for Heritage Insurance or or view top insider-buying stocks.

Shares of HRTG 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 $6.37.

Heritage Insurance has a market capitalization of $178.40 million and generates $593.39 million in revenue each year. The insurance provider earns $9.33 million in net income (profit) each year or $0.33 on an earnings per share basis.

Heritage Insurance employs 641 workers across the globe.

The official website for Heritage Insurance is www.heritagepci.com.

Heritage Insurance is headquartered at 2600 MCCORMICK DRIVE SUITE 300, CLEARWATER FL, 33759.

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].