Heritage Insurance Holdings, Inc. (HRTG)
NYSE: HRTG · Real-Time Price · USD
11.82
+0.30 (2.60%)
Dec 20, 2024, 4:00 PM EST - Market closed

HRTG Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for HRTG stock have an average target of 12.5, with a low estimate of 12 and a high estimate of 13. The average target predicts an increase of 5.75% from the current stock price of 11.82.

Analyst Consensus: Buy
Target Low Average Median High
Price $12 $12.5 $13 $13
Change +1.52% +5.75% +9.98% +9.98%
* Price targets were last updated on Aug 9, 2024.

Analyst Ratings

The average analyst rating for HRTG stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 011111
Hold 211111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Upgrades
$9$13
Buy Upgrades $9$13 +9.98% Aug 9, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$11$12
Strong Buy Maintains $11$12 +1.52% Aug 8, 2024
JMP Securities
JMP Securities
Hold
Reiterates
n/a
Hold Reiterates n/a n/a Apr 15, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$9
Hold Maintains $9 -23.86% Apr 1, 2024
JMP Securities
JMP Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Mar 13, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
831.39M
Revenue Next Year
892.99M
from 831.39M
Increased by 7.41%
EPS This Year
1.30
from 1.73
Decreased by -24.60%
EPS Next Year
2.16
from 1.30
Increased by 65.56%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----831.39M892.99M947.64M
Revenue Growth
6.48%16.05%6.43%4.89%11.03%-7.41%6.12%
EPS
0.980.33-2.69-5.861.731.302.162.45
EPS Growth
-5.77%-66.33%----24.60%65.56%13.37%
Forward PE
-----9.065.474.83
No. Analysts -----553
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 861.7M 930.3M 975.5M
Avg 831.4M 893.0M 947.6M
Low 793.3M 847.7M 910.5M

Revenue Growth

Revenue Growth 202420252026
High -
11.9%
9.2%
Avg -
7.4%
6.1%
Low -
2.0%
2.0%

EPS Forecast

EPS 202420252026
High 1.47 2.47 2.52
Avg 1.30 2.16 2.45
Low 1.12 1.96 2.35

EPS Growth

EPS Growth 202420252026
High
-15.0%
89.2%
16.7%
Avg
-24.6%
65.6%
13.4%
Low
-35.4%
50.3%
8.9%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.