Is Heritage Insurance Stock a Good Investment?
Heritage Insurance Investment Advice | HRTG |
- Examine Heritage Insurance's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Heritage Insurance's leadership team and their track record. Good management can help Heritage Insurance navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Heritage Insurance's business and its evolving consumer preferences.
- Compare Heritage Insurance's performance and market position to its competitors. Analyze how Heritage Insurance is positioned in terms of product offerings, innovation, and market share.
- Check if Heritage Insurance pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Heritage Insurance's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Heritage Insurance Hldgs stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Heritage Insurance Hldgs is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Heritage Insurance Stock
Researching Heritage Insurance's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Heritage Insurance Hldgs last dividend was issued on the 13th of June 2022.
To determine if Heritage Insurance is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Heritage Insurance's research are outlined below:
| Heritage Insurance generated a negative expected return over the last 90 days | |
| Heritage Insurance is unlikely to experience financial distress in the next 2 years | |
| Heritage Insurance Hldgs currently holds 148.19 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Heritage Insurance Hldgs has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Heritage Insurance's use of debt, we should always consider it together with its cash and equity. | |
| About 56.0% of Heritage Insurance shares are owned by institutional investors | |
| Latest headline from news.google.com: Heritage Insurance Smashes Earnings Expectations While Battling Natural Disasters - StockTitan |
Heritage Insurance uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Heritage Insurance Hldgs. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Heritage Insurance's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Heritage Insurance's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Heritage Insurance's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2017-05-03 | 2017-03-31 | 0.19 | 0.21 | 0.02 | 10 | ||
2017-03-15 | 2016-12-31 | -0.11 | -0.09 | 0.02 | 18 | ||
2020-05-04 | 2020-03-31 | 0.23 | 0.26 | 0.03 | 13 | ||
2017-11-01 | 2017-09-30 | -0.11 | -0.07 | 0.04 | 36 | ||
2019-08-01 | 2019-06-30 | -0.03 | 0.02 | 0.05 | 166 | ||
2015-11-04 | 2015-09-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2023-11-02 | 2023-09-30 | -0.21 | -0.28 | -0.07 | 33 | ||
2021-05-05 | 2021-03-31 | -0.12 | -0.19 | -0.07 | 58 |
Heritage Insurance Target Price Consensus
Heritage target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Heritage Insurance's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Buy |
Most Heritage analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Heritage stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Heritage Insurance Hldgs, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHeritage Insurance Target Price Projection
Heritage Insurance's current and average target prices are 11.62 and 16.00, respectively. The current price of Heritage Insurance is the price at which Heritage Insurance Hldgs is currently trading. On the other hand, Heritage Insurance's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Heritage Insurance Market Quote on 6th of February 2025
Target Price
Analyst Consensus On Heritage Insurance Target Price
Heritage Insurance Analyst Ratings
Heritage Insurance's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Heritage Insurance stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Heritage Insurance's financials, market performance, and future outlook by experienced professionals. Heritage Insurance's historical ratings below, therefore, can serve as a valuable tool for investors.Know Heritage Insurance's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Heritage Insurance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Heritage Insurance Hldgs backward and forwards among themselves. Heritage Insurance's institutional investor refers to the entity that pools money to purchase Heritage Insurance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2024-09-30 | 370.7 K | Bridgeway Capital Management, Llc | 2024-09-30 | 364.1 K | Jpmorgan Chase & Co | 2024-09-30 | 318 K | Aqr Capital Management Llc | 2024-09-30 | 313.5 K | Two Sigma Investments Llc | 2024-09-30 | 296.1 K | Ameriprise Financial Inc | 2024-09-30 | 263.4 K | Citadel Advisors Llc | 2024-09-30 | 262.1 K | Two Sigma Advisers, Llc | 2024-09-30 | 250.9 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 232 K | Blackrock Inc | 2024-09-30 | 1.9 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.4 M |
Heritage Insurance's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 342.74 M.Market Cap |
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Heritage Insurance's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.03 | 0.05 | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.24 | 0.25 |
Determining Heritage Insurance's profitability involves analyzing its financial statements and using various financial metrics to determine if Heritage Insurance is a good buy. For example, gross profit margin measures Heritage Insurance's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Heritage Insurance's profitability and make more informed investment decisions.
Evaluate Heritage Insurance's management efficiency
Heritage Insurance Hldgs has return on total asset (ROA) of 0.0259 % which means that it generated a profit of $0.0259 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3352 %, meaning that it created $0.3352 on every $100 dollars invested by stockholders. Heritage Insurance's management efficiency ratios could be used to measure how well Heritage Insurance manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Heritage Insurance's Return On Capital Employed is most likely to slightly decrease in the upcoming years. The Heritage Insurance's current Return On Equity is estimated to increase to 0.25, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Heritage Insurance's Total Current Assets are most likely to increase significantly in the upcoming years. The Heritage Insurance's current Intangible Assets is estimated to increase to about 56.2 M, while Other Assets are forecasted to increase to (50 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 7.57 | 8.37 | |
| Tangible Book Value Per Share | 6.11 | 5.19 | |
| Enterprise Value Over EBITDA | (2.31) | (2.20) | |
| Price Book Value Ratio | 0.89 | 0.85 | |
| Enterprise Value Multiple | (2.31) | (2.20) | |
| Price Fair Value | 0.89 | 0.85 | |
| Enterprise Value | -166.4 M | -158 M |
Understanding the operational decisions made by Heritage Insurance management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 0.986 |
Basic technical analysis of Heritage Stock
As of the 6th of February, Heritage Insurance retains the Downside Deviation of 2.73, risk adjusted performance of 0.0467, and Market Risk Adjusted Performance of 42.01. Heritage Insurance technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Heritage Insurance Hldgs variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Heritage Insurance is priced fairly, providing market reflects its last-minute price of 11.62 per share. Given that Heritage Insurance Hldgs has jensen alpha of 0.1216, we strongly advise you to confirm Heritage Insurance Hldgs's regular market performance to make sure the company can sustain itself at a future point.Heritage Insurance's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Heritage Insurance insiders, such as employees or executives, is commonly permitted as long as it does not rely on Heritage Insurance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Heritage Insurance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Whiting Paul L over six months ago Acquisition by Whiting Paul L of 5000 shares of Heritage Insurance at 7.74 subject to Rule 16b-3 | ||
Richard Widdicombe over six months ago Acquisition by Richard Widdicombe of 12422 shares of Heritage Insurance subject to Rule 16b-3 | ||
Joseph Vattamattam over a year ago Acquisition by Joseph Vattamattam of 9662 shares of Heritage Insurance subject to Rule 16b-3 | ||
Joseph Vattamattam over a year ago Acquisition by Joseph Vattamattam of 7968 shares of Heritage Insurance subject to Rule 16b-3 |
Heritage Insurance's Outstanding Corporate Bonds
Heritage Insurance issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Heritage Insurance Hldgs uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Heritage bonds can be classified according to their maturity, which is the date when Heritage Insurance Hldgs has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Heritage Insurance's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Heritage Insurance's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0467 | |||
| Market Risk Adjusted Performance | 42.01 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.66 | |||
| Downside Deviation | 2.73 | |||
| Coefficient Of Variation | 2113.24 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.76 | |||
| Information Ratio | 0.0191 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0195 | |||
| Treynor Ratio | 42.0 | |||
| Maximum Drawdown | 17.27 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 4.62 | |||
| Downside Variance | 7.44 | |||
| Semi Variance | 7.07 | |||
| Expected Short fall | (2.16) | |||
| Skewness | 0.2504 | |||
| Kurtosis | 1.66 |
| Risk Adjusted Performance | 0.0467 | |||
| Market Risk Adjusted Performance | 42.01 | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.66 | |||
| Downside Deviation | 2.73 | |||
| Coefficient Of Variation | 2113.24 | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.76 | |||
| Information Ratio | 0.0191 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0195 | |||
| Treynor Ratio | 42.0 | |||
| Maximum Drawdown | 17.27 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 4.62 | |||
| Downside Variance | 7.44 | |||
| Semi Variance | 7.07 | |||
| Expected Short fall | (2.16) | |||
| Skewness | 0.2504 | |||
| Kurtosis | 1.66 |
Consider Heritage Insurance's intraday indicators
Heritage Insurance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Heritage Insurance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 6451.68 | |||
| Daily Balance Of Power | 0.9184 | |||
| Rate Of Daily Change | 1.04 | |||
| Day Median Price | 11.38 | |||
| Day Typical Price | 11.46 | |||
| Price Action Indicator | 0.47 | |||
| Period Momentum Indicator | 0.45 |
Heritage Insurance Corporate Filings
8K | 29th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 23rd of January 2025 Other Reports | ViewVerify | |
F4 | 17th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Heritage Stock media impact
Far too much social signal, news, headlines, and media speculation about Heritage Insurance that are available to investors today. That information is available publicly through Heritage media outlets and privately through word of mouth or via Heritage internal channels. However, regardless of the origin, that massive amount of Heritage data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Heritage Insurance news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Heritage Insurance relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Heritage Insurance's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Heritage Insurance alpha.
Heritage Insurance Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Heritage Insurance can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Heritage Insurance Maximum Pain Price Across March 21st 2025 Option Contracts
Heritage Insurance's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Heritage Insurance close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Heritage Insurance's options.
Heritage Insurance Corporate Directors
| Panagiotis Apostolou | Independent Director | Profile | |
| Irini Barlas | Independent Director | Profile | |
| Mark Berset | Director | Profile | |
| Vijay Walvekar | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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 2.56 | Revenue Per Share | Quarterly Revenue Growth 0.137 | Return On Assets |
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.
In summary, please note that there is a difference between Heritage Insurance's value and its price, as these two are different measures arrived at by various 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.