Heritage Insurance Holdings, Inc. (HRTG)
NYSE: HRTG · IEX Real-Time Price · USD
10.20
+0.70 (7.37%)
Apr 23, 2024, 4:00 PM EDT - Market closed
HRTG Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for HRTG stock have an average target of 10, with a low estimate of 9.00 and a high estimate of 11. The average target predicts a decrease of -1.96% from the current stock price of 10.20.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | -11.76% | Apr 1, 2024 |
| JMP Securities | JMP Securities | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Mar 13, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $9 → $11 | Strong Buy | Maintains | $9 → $11 | +7.84% | Mar 13, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $6 → $7 | Buy | Maintains | $6 → $7 | -31.37% | Jan 17, 2024 |
Financial Forecast
Revenue This Year
786.28M
from 735.50M
Increased by 6.90%
Revenue Next Year
829.07M
from 786.28M
Increased by 5.44%
EPS This Year
1.50
from 1.73
Decreased by -13.53%
EPS Next Year
1.79
from 1.50
Increased by 19.32%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 809.5M | 858.6M |
| Avg | 786.3M | 829.1M |
| Low | 755.4M | 791.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.1% | 9.2% |
| Avg | 6.9% | 5.4% |
| Low | 2.7% | 0.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.63 | 1.89 |
| Avg | 1.50 | 1.79 |
| Low | 1.32 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -5.9% | 26.3% |
| Avg | -13.5% | 19.3% |
| Low | -23.5% | 11.4% |
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.