Heritage Insurance Holdings, Inc. (HRTG): Price and Financial Metrics

Heritage Insurance Holdings, Inc. (HRTG): $6.61

0.30 (+4.75%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

HRTG Price/Volume Stats

Current price $6.61 52-week high $9.79
Prev. close $6.31 52-week low $2.26
Day low $6.33 Volume 324,600
Day high $6.74 Avg. volume 315,128
50-day MA $6.37 Dividend yield N/A
200-day MA $5.68 Market Cap 257.90M

HRTG Stock Price Chart Interactive Chart >

HRTG POWR Grades

  • HRTG scores best on the Momentum dimension, with a Momentum rank ahead of 90.65% of US stocks.
  • The strongest trend for HRTG is in Growth, which has been heading down over the past 26 weeks.
  • HRTG ranks lowest in Sentiment; there it ranks in the 9th percentile.

HRTG Stock Summary

  • HRTG's current price/earnings ratio is 6.35, which is higher than only 8.02% of US stocks with positive earnings.
  • HRTG's price/sales ratio is 0.24; that's higher than the P/S ratio of merely 6.93% of US stocks.
  • HRTG's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 96.55% of US stocks.
  • If you're looking for stocks that are quantitatively similar to HERITAGE INSURANCE HOLDINGS INC, a group of peers worth examining would be CIA, WU, BPOP, CHMG, and FUNC.
  • Visit HRTG's SEC page to see the company's official filings. To visit the company's web site, go to www.heritagepci.com.

HRTG Valuation Summary

  • In comparison to the median Financial Services stock, HRTG's price/earnings ratio is 40.91% lower, now standing at 6.5.
  • Over the past 117 months, HRTG's price/sales ratio has gone down 2.1.

Below are key valuation metrics over time for HRTG.

Stock Date P/S P/B P/E EV/EBIT
HRTG 2023-12-22 0.2 1.2 6.5 2.1
HRTG 2023-12-21 0.2 1.2 6.6 2.1
HRTG 2023-12-20 0.2 1.2 6.6 2.1
HRTG 2023-12-19 0.2 1.2 6.7 2.2
HRTG 2023-12-18 0.3 1.2 6.8 2.3
HRTG 2023-12-15 0.2 1.2 6.5 2.1

HRTG Growth Metrics

    The 5 year cash and equivalents growth rate now stands at 167.45%.
  • Its 3 year revenue growth rate is now at 32.18%.
  • Its 3 year net income to common stockholders growth rate is now at -620.18%.
HRTG's revenue has moved up $32,476,000 over the prior 15 months.

The table below shows HRTG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 654.583 -25.5 -216.083
2022-06-30 656.498 -90.337 -184.253
2022-03-31 642.925 -18.303 -100.337
2021-12-31 631.561 60.13 -74.727
2021-09-30 624.396 121.8 -22.701
2021-06-30 622.107 141.346 -11.524

HRTG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • HRTG has a Quality Grade of C, ranking ahead of 73.44% of graded US stocks.
  • HRTG's asset turnover comes in at 0.289 -- ranking 60th of 133 Insurance stocks.
  • ERIE, BRO, and SPNT are the stocks whose asset turnover ratios are most correlated with HRTG.

The table below shows HRTG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 0.289 0.317 -0.012
2021-03-31 0.289 0.337 -0.005
2020-12-31 0.286 0.371 0.006
2020-09-30 0.281 0.417 0.023
2020-06-30 0.275 0.473 0.035
2020-03-31 0.277 0.469 0.033

Heritage Insurance Holdings, Inc. (HRTG) Company Bio


Heritage Insurance Holdings Inc. operates as a property and casualty insurance holding company in the state of Florida. The company was founded in 2012 and is based in Clearwater, Florida.


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Latest HRTG News From Around the Web

Below are the latest news stories about HERITAGE INSURANCE HOLDINGS INC that investors may wish to consider to help them evaluate HRTG as an investment opportunity.

Heritage Announces Closing of Primary Public Offering of Shares of Common Stock and Concurrent Private Placement

Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage," or the "Company"), a super-regional property and casualty insurance holding company, today announced the completion of a primary offering of 3,703,703 shares of its common stock, at a public offering price of $6.75 per share (the "Public Offering"). In addition, the underwriter has a 30-day option to purchase up to an additional 555,555 shares of common stock at the public offering price less underwriting discounts and commissions.

Yahoo | December 19, 2023

Heritage Insurance Holdings Inc CEO Ernie Garateix's Strategic Insider Buying

Insider buying is often regarded as a bullish signal in the stock market, as it suggests that those with the most intimate knowledge of a company's operations believe in its future prospects.

Yahoo | December 17, 2023

Director Paul Whiting's Strategic Purchase of Heritage Insurance Holdings Inc Shares

On December 14, 2023, a notable transaction occurred within Heritage Insurance Holdings Inc (NYSE:HRTG), a company specializing in personal and commercial residential insurance products.

Yahoo | December 16, 2023

Heritage Announces Pricing of Primary Offering of Shares of Common Stock

Heritage Insurance Holdings, Inc., (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced that it has priced its previously announced underwritten public offering of 3,703,703 shares of common stock at a public offering price of $6.75 per share (the "Offering"). All shares are being sold by Heritage. The gross proceeds to Heritage from the Offering, before deducting underwriting discounts, commissions and other offering expen

Yahoo | December 15, 2023

Heritage Announces Launch of Primary Offering of Shares of Common Stock

Heritage Insurance Holdings, Inc., (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced that it is commencing an underwritten public offering of its shares of common stock (the "Offering"). Heritage also expects to grant to the underwriters for the Offering, a 30-day option to purchase up to an additional 15% of the number of shares of common stock offered in the Offering. All of the shares to be sold in the Offering will b

Yahoo | December 14, 2023

Read More 'HRTG' Stories Here

HRTG Price Returns

1-mo 5.76%
3-mo -21.68%
6-mo 27.85%
1-year 181.28%
3-year -31.09%
5-year -51.43%
YTD 1.38%
2023 262.22%
2022 -68.58%
2021 -40.09%
2020 -21.80%
2019 -8.50%

Continue Researching HRTG

Want to see what other sources are saying about Heritage Insurance Holdings Inc's financials and stock price? Try the links below:

Heritage Insurance Holdings Inc (HRTG) Stock Price | Nasdaq
Heritage Insurance Holdings Inc (HRTG) Stock Quote, History and News - Yahoo Finance
Heritage Insurance Holdings Inc (HRTG) Stock Price and Basic Information | MarketWatch

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