Heritage Insurance Holdings, Inc. (HRTG)
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 |
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 |
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 |
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 |
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% |
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 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 |