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Heritage Insurance Holdings, Inc. (HRTG)

Stock Price: $13.30 USD 0.46 (3.58%)
Updated Aug 6, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 373.18M
Revenue (ttm) 525.75M
Net Income (ttm) 32.70M
Shares Out 28.21M
EPS (ttm) 1.01
PE Ratio 13.17
Forward PE n/a
Dividend $0.24
Dividend Yield 1.80%

Stock Quote

Trading Day Aug 6, 2020
Last Price $13.30
Previous Close $12.84
Change ($) 0.46
Change (%) 3.58%
Day's Open 12.80
Day's Range 12.77 - 13.46
Day's Volume 141,684
52-Week Range 7.50 - 15.61

More Stats

Market Cap 373.18M
Enterprise Value 199.04M
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Jun 12, 2020
Shares Outstanding 28.21M
Float 24.58M
EPS (basic) 1.14
EPS (diluted) 1.01
FCF / Share 6.26
Dividend $0.24
Dividend Yield 1.80%
Earnings Yield 7.59%
FCF Yield 46.72%
Payout Ratio 21.10%
Shares Short 838,765
Short Ratio 4.70
Short % of Float 3.38%
Beta 0.72
PE Ratio 13.17
Forward PE n/a
P/FCF Ratio 2.14
PS Ratio 0.71
PB Ratio 0.75
Revenue 525.75M
Operating Income 54.72M
Net Income 32.70M
Free Cash Flow 174.37M
Net Cash 174.14M
Net Cash / Share 6.21
Gross Margin 24.75%
Operating Margin 10.41%
Profit Margin 6.10%
FCF Margin 33.17%
ROA 1.79%
ROE 6.62%
ROIC 3.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy 3
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$17.00*
(27.82% upside)
Low
15.0
Current: $13.30
High
19.0
Target: 17.00
*Average 12-month price target from 3 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 & Equivalents28326217512724916565.060.00
Total Debt12914918472.91----
Net Cash / Debt154114-9.8853.8224916565.060.00
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, 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 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.