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Heritage Insurance Holdings, Inc. (HRTG)

Stock Price: $10.64 USD 0.02 (0.19%)
Updated November 23, 2:00 PM EST - Market open

Stock Price Chart

Key Info

Market Cap 298.55M
Revenue (ttm) 572.34M
Net Income (ttm) 19.34M
Shares Out 28.06M
EPS (ttm) 0.68
PE Ratio 15.65
Forward PE n/a
Dividend $0.24
Dividend Yield 2.26%

Stock Quote

Trading Day November 23
Last Price $10.64
Previous Close $10.62
Change ($) 0.02
Change (%) 0.19%
Day's Open 10.57
Day's Range 10.49 - 10.71
Day's Volume 32,172
52-Week Range 7.50 - 14.05

More Stats

Market Cap 298.55M
Enterprise Value n/a
Earnings Date (est) Mar 4, 2021
Ex-Dividend Date Sep 14, 2020
Shares Outstanding 28.06M
Float 24.77M
EPS (basic) 0.67
EPS (diluted) 0.68
FCF / Share 4.40
Dividend $0.24
Dividend Yield 2.26%
Earnings Yield 6.39%
FCF Yield 40.90%
Payout Ratio 35.80%
Shares Short 665,978
Short Ratio 7.57
Short % of Float 2.69%
Beta 0.64
PE Ratio 15.65
Forward PE n/a
P/FCF Ratio 2.44
PS Ratio 0.52
PB Ratio 0.67
Revenue 572.34M
Operating Income 36.75M
Net Income 19.34M
Free Cash Flow 122.11M
Net Cash 392.44M
Net Cash / Share 13.99
Gross Margin 22.73%
Operating Margin 6.42%
Profit Margin 3.40%
FCF Margin 21.34%
ROA 1.15%
ROE 4.35%
ROIC 2.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (5)

Buy 4
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$14.75*
(38.63% upside)
Low
14.0
Current: $10.64
High
16.0
Target: 14.75
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue511480407439395234125125
Revenue Growth6.48%18.09%-7.37%11.19%68.84%87.31%0%-
Gross Profit23824320520025414486.3386.33
Operating Income49.5769.5449.5456.7715074.2555.4655.48
Net Income28.6427.16-1.1233.8792.5147.1034.2134.21
Shares Outstanding29.2125.9426.8029.6330.0624.5714.3114.31
Earnings Per Share0.981.04-0.041.143.051.822.362.36
EPS Growth-5.77%---62.62%67.58%-22.88%0%-
Dividend Per Share0.240.240.240.230.05---
Dividend Growth0%0%4.35%360%----
Operating Cash Flow12096.347.4982.96147194105105
Capital Expenditures-4.98-2.28-0.39-1.62-1.17-6.93-10.88-10.88
Free Cash Flow11594.067.1081.3314618794.1794.17
Cash & Equivalents28326217512724916565.06-
Total Debt12914918472.91----
Net Cash / Debt154114-9.8853.8224916565.06-
Assets1,9401,7691,7711,033837615282-
Liabilities1,4911,3431,391675481360181-
Book Value44942538035835725579.98-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Heritage Insurance Holdings, Inc.
Country United States
Employees 530
CEO Bruce Thomas Lucas

Stock Information

Ticker Symbol HRTG
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Insurance—Property & Casualty
Unique Identifier NYSE: HRTG
IPO Date May 23, 2014

Description

Heritage Insurance Holdings, 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 and multi-peril property insurance. As of December 31, 2019, it had approximately 522,442 personal residential policies; 2,533 commercial residential policies; and 6,970 commercial general liability 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.