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.
HRTG Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for HRTG, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Heritage Insurance Holdings Inc ranked in the 61th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 150.83%. In terms of the factors that were most noteworthy in this DCF analysis for HRTG, they are:
The company's compound free cash flow growth rate over the past 4.98 years comes in at -0.09%; that's greater than just 18.1% of US stocks we're applying DCF forecasting to.
Heritage Insurance Holdings Inc's weighted average cost of capital (WACC) is 7%; for context, that number is higher than only 22.32% of tickers in our DCF set.
As a business, Heritage Insurance Holdings Inc experienced a tax rate of about 20% over the past twelve months; relative to its sector (Financial Services), this tax rate is higher than 87.59% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Heritage Insurance Holdings Inc? See CPTA, AMP, OPY, WD, and GL.