Heritage Retained Earnings from 2010 to 2024

HRTG Stock  USD 12.39  0.09  0.73%   
Heritage Insurance's Retained Earnings are increasing over the last several years with stable swings. Retained Earnings are predicted to flatten to about 24.8 M. Retained Earnings is the cumulative amount of net income that Heritage Insurance Hldgs retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2013-12-31
Previous Quarter
59.2 M
Current Value
67.4 M
Quarterly Volatility
83.2 M
 
Yuan Drop
 
Covid
Check Heritage Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Insurance's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Selling General Administrative of 64.9 M or Total Revenue of 476 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 1.0E-4 or PTB Ratio of 0.74. Heritage financial statements analysis is a perfect complement when working with Heritage Insurance Valuation or Volatility modules.
  
Check out the analysis of Heritage Insurance Correlation against competitors.

Latest Heritage Insurance's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Heritage Insurance Hldgs over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Heritage Insurance's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Insurance's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 26.12 M10 Years Trend
Pretty Stable
   Retained Earnings   
       Timeline  

Heritage Retained Earnings Regression Statistics

Arithmetic Mean92,230,277
Geometric Mean47,749,264
Coefficient Of Variation100.44
Mean Deviation85,274,275
Median65,021,000
Standard Deviation92,631,940
Sample Variance8580.7T
Range239M
R-Value0.24
Mean Square Error8691.1T
R-Squared0.06
Significance0.38
Slope5,051,757
Total Sum of Squares120129.5T

Heritage Retained Earnings History

202424.8 M
202326.1 M
2022-19.2 M
2021138.4 M
2020219.8 M
2019217.3 M
2018195.8 M

Other Fundumenentals of Heritage Insurance Hldgs

Heritage Insurance Retained Earnings component correlations

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-0.44-0.34-0.08-0.580.130.010.04-0.42-0.430.43-0.470.290.06-0.5-0.360.05-0.190.40.670.420.590.58
0.460.91-0.080.430.620.310.750.320.83-0.560.410.260.860.320.580.480.34-0.08-0.010.450.030.28
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0.780.640.130.620.580.850.820.750.69-0.560.56-0.390.830.680.760.870.76-0.03-0.03-0.12-0.190.2
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0.730.91-0.430.830.770.690.490.720.63-0.660.71-0.140.810.680.770.620.55-0.33-0.430.05-0.27-0.05
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0.550.760.060.860.480.830.550.680.460.81-0.430.36-0.030.510.550.80.6-0.08-0.010.35-0.060.28
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0.70.560.050.480.460.870.670.510.670.62-0.450.44-0.580.80.710.610.910.080.02-0.1-0.29-0.11
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-0.26-0.140.4-0.08-0.65-0.03-0.34-0.19-0.26-0.330.13-0.140.0-0.08-0.26-0.180.080.120.850.190.470.02
-0.46-0.180.67-0.01-0.79-0.03-0.28-0.13-0.48-0.430.26-0.480.28-0.01-0.54-0.380.02-0.080.850.470.550.3
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-0.61-0.220.590.03-0.66-0.19-0.42-0.04-0.64-0.270.36-0.30.63-0.06-0.65-0.46-0.29-0.460.470.550.60.55
-0.23-0.070.580.28-0.170.20.190.38-0.24-0.050.21-0.20.640.28-0.36-0.25-0.11-0.360.020.30.540.55
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About Heritage Insurance Financial Statements

Heritage Insurance stakeholders use historical fundamental indicators, such as Heritage Insurance's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Heritage Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heritage Insurance's assets and liabilities are reflected in the revenues and expenses on Heritage Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Heritage Insurance Hldgs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings26.1 M24.8 M
Retained Earnings Total Equity-17.3 M-16.4 M

Currently Active Assets on Macroaxis

When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out the analysis of Heritage Insurance Correlation against competitors.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.033
Earnings Share
2.53
Revenue Per Share
26.755
Quarterly Revenue Growth
0.137
Return On Assets
0.0259
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.