Heritage Insurance Hldgs Stock Today
| HRTG Stock | USD 12.49 0.10 0.81% |
Performance0 of 100
| Odds Of DistressLess than 1
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Heritage Insurance is trading at 12.49 as of the 25th of November 2024. This is a 0.81 percent increase since the beginning of the trading day. The stock's lowest day price was 12.25. Heritage Insurance has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Heritage Insurance Hldgs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Insurance | IPO Date 23rd of May 2014 | Category Financial Services | Classification Financials |
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida. Heritage Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. The company has 30.68 M outstanding shares of which 966.91 K shares are currently shorted by private and institutional investors with about 1.29 trading days to cover. More on Heritage Insurance Hldgs
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Heritage Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Ernie Garateix | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, NYSE Composite, Financials, Insurance, Insurance—Property & Casualty, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsHeritage Insurance can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Heritage Insurance's financial leverage. It provides some insight into what part of Heritage Insurance's total assets is financed by creditors.
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Heritage Insurance Hldgs (HRTG) is traded on New York Stock Exchange in USA. It is located in 1401 North Westshore Blvd., Tampa, FL, United States, 33607 and employs 566 people. Heritage Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 380.18 M. Heritage Insurance Hldgs conducts business under Insurance sector and is part of Financials industry. The entity has 30.68 M outstanding shares of which 966.91 K shares are currently shorted by private and institutional investors with about 1.29 trading days to cover.
Heritage Insurance Hldgs currently holds about 290.93 M in cash with 70.42 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.26.
Check Heritage Insurance Probability Of Bankruptcy
Ownership AllocationHeritage Insurance Hldgs has a total of 30.68 Million outstanding shares. Over half of Heritage Insurance's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Heritage Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 318.5 K | |
| Qube Research & Technologies | 2024-06-30 | 301 K | |
| Two Sigma Investments Llc | 2024-09-30 | 296.1 K | |
| State Street Corp | 2024-06-30 | 291.3 K | |
| Citadel Advisors Llc | 2024-09-30 | 262.1 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 250.5 K | |
| Assenagon Asset Management Sa | 2024-09-30 | 235 K | |
| Cubist Systematic Strategies, Llc | 2024-09-30 | 209.9 K | |
| Millennium Management Llc | 2024-06-30 | 192.3 K | |
| Blackrock Inc | 2024-06-30 | 1.8 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.4 M |
Heritage Insurance Historical Income Statement
Heritage Stock Against Markets
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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.