Heritage Insurance Holdings, Inc. (HRTG)

NYSE: HRTG · IEX Real-Time Price · USD
10.65
+0.15 (1.43%)
Mar 28, 2024, 3:47 PM EDT - Market open

Total Valuation

HRTG has a market cap or net worth of $322.44 million. The enterprise value is -$2.71 million.

Market Cap 322.44M
Enterprise Value -2.71M

Important Dates

The last earnings date was Monday, March 11, 2024, after market close.

Earnings Date Mar 11, 2024
Ex-Dividend Date n/a

Share Statistics

HRTG has 30.22 million shares outstanding. The number of shares has decreased by -0.35% in one year.

Shares Outstanding 30.22M
Shares Change (YoY) -0.35%
Shares Change (QoQ) +1.38%
Owned by Insiders (%) 26.81%
Owned by Institutions (%) 52.03%
Float 21.26M

Valuation Ratios

The trailing PE ratio is 6.17 and the forward PE ratio is 7.47.

PE Ratio 6.17
Forward PE 7.47
PS Ratio 0.44
Forward PS 0.41
PB Ratio 1.46
P/FCF Ratio 5.33
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.67
Debt / EBITDA 2.06
Debt / FCF 2.45
Interest Coverage 5.64

Financial Efficiency

Return on equity (ROE) is 26.40% and return on invested capital (ROIC) is 14.95%.

Return on Equity (ROE) 26.40%
Return on Assets (ROA) 2.00%
Return on Capital (ROIC) 14.95%
Revenue Per Employee $1.30M
Profits Per Employee $80,048
Employee Count 566
Asset Turnover 0.33
Inventory Turnover n/a

Taxes

In the past 12 months, HRTG has paid $6.70 million in taxes.

Income Tax 6.70M
Effective Tax Rate 12.88%

Stock Price Statistics

The stock price has increased by +271.80% in the last 52 weeks. The beta is 0.84, so HRTG's price volatility has been lower than the market average.

Beta (1Y) 0.84
52-Week Price Change +271.80%
50-Day Moving Average 7.23
200-Day Moving Average 6.13
Relative Strength Index (RSI) 75.33
Average Volume (30 Days) 406,819

Short Selling Information

The latest short interest is 458,059, so 1.52% of the outstanding shares have been sold short.

Short Interest 458,059
Short Previous Month 426,676
Short % of Shares Out 1.52%
Short % of Float 2.15%
Short Ratio (days to cover) 1.09

Income Statement

In the last 12 months, HRTG had revenue of $735.50 million and earned $45.31 million in profits. Earnings per share was $1.73.

Revenue 735.50M
Gross Profit 309.37M
Operating Income 63.22M
Pretax Income 52.01M
Net Income 45.31M
EBITDA 71.90M
EBIT 63.22M
Earnings Per Share (EPS) $1.73
Full Income Statement

Balance Sheet

The company has $473.34 million in cash and $148.19 million in debt, giving a net cash position of $325.15 million or $10.76 per share.

Cash & Cash Equivalents 473.34M
Total Debt 148.19M
Net Cash 325.15M
Net Cash Per Share $10.76
Equity / Book Value 220.28M
Book Value Per Share 7.29
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $70.42 million and capital expenditures -$9.89 million, giving a free cash flow of $60.53 million.

Operating Cash Flow 70.42M
Capital Expenditures -9.89M
Free Cash Flow 60.53M
FCF Per Share $2.31
Full Cash Flow Statement

Margins

Gross margin is 42.06%, with operating and profit margins of 8.59% and 6.16%.

Gross Margin 42.06%
Operating Margin 8.59%
Pretax Margin 7.07%
Profit Margin 6.16%
EBITDA Margin 9.78%
EBIT Margin 8.59%
FCF Margin 8.23%

Dividends & Yields

HRTG does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 0.35%
Shareholder Yield 0.35%
Earnings Yield 14.05%
FCF Yield 18.77%
Dividend Details

Analyst Forecast

The average price target for HRTG is $9.00, which is -15.49% lower than the current price. The consensus rating is "Buy".

Price Target $9.00
Price Target Difference -15.49%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 7