Heritage Insurance Holdings, Inc.
General ticker "HRTG" information:
- Sector: Financials
- Industry: Insurance
- Capitalization: $572.1M (TTM average)
Heritage Insurance Holdings, Inc. follows the US Stock Market performance with the rate: 36.9%.
Estimated limits based on current volatility of 2.0%: low 28.02$, high 29.05$
Factors to consider:
- Total employees count: 540 (-4.6%) as of 2024
- Company does not operate outside US (retrieved using AI)
- Top business risk factors: Catastrophic events, Cybersecurity threats, IT system disruptions, Diversification risks, Agent dependency
- Current price 57.8% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [10.86$, 17.94$]
- 2025-12-31 to 2026-12-31 estimated range: [10.84$, 18.00$]
Financial Metrics affecting the HRTG estimates:
- Positive: with PPE of 8.2 at the end of fiscal year the price was very low
- Positive: 7.86 < Operating profit margin, % of 10.12
- Positive: Operating cash flow per share per price, % of 23.88 > 13.24
- Positive: 0 < Industry earnings per price (median), % of 1.26
- Positive: Industry operating cash flow per share per price (median), % of 18.39 > 10.33
- Positive: 1.87 < Return on assets ratio (scaled to [-100,100]) of 2.43
- Negative: Shareholder equity ratio, % of 11.78 <= 18.93
- Negative: -0.75 < Inventory ratio change, % of 0
- Positive: Interest expense per share per price, % of 3.00 <= 3.41
Short-term HRTG quotes
Long-term HRTG plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $662.46MM | $735.50MM | $816.99MM |
| Operating Expenses | $828.63MM | $683.49MM | $734.31MM |
| Operating Income | $-166.17MM | $52.01MM | $82.68MM |
| Interest Expense | $8.81MM | $11.21MM | $10.93MM |
| Income(Loss) | $-166.17MM | $52.01MM | $82.68MM |
| Taxes | $-11.81MM | $6.70MM | $21.14MM |
| Profit(Loss)* | $-154.36MM | $45.31MM | $61.54MM |
| Stockholders Equity | $131.04MM | $220.28MM | $290.80MM |
| Assets | $2,392.60MM | $2,153.20MM | $2,468.92MM |
| Operating Cash Flow | $-34.26MM | $70.42MM | $87.09MM |
| Capital expenditure | $12.38MM | $9.89MM | $8.23MM |
| Investing Cash Flow | $-37.86MM | $100.81MM | $-91.60MM |
| Financing Cash Flow | $-5.06MM | $14.55MM | $-5.19MM |
| Earnings Per Share** | $-5.86 | $1.73 | $2.01 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.