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Heritage Insurance Holdings, Inc is an insurance-property & casualty business based in the US. Heritage Insurance shares (HRTG) are listed on the NYSE and all prices are listed in US Dollars. Heritage Insurance employs 530 staff and has a trailing 12-month revenue of around USD$572.3 million.
|Latest market close||USD$10.13|
|52-week range||USD$7.3328 - USD$13.8945|
|50-day moving average||USD$10.2533|
|200-day moving average||USD$11.4605|
|Wall St. target price||USD$14.75|
|Dividend yield||USD$0.24 (2.37%)|
|Earnings per share (TTM)||USD$0.681|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||-7.40%|
|1 month (2020-12-17)||1.50%|
|3 months (2020-10-16)||-5.59%|
|6 months (2020-07-16)||-17.04%|
|1 year (2020-01-16)||-21.84%|
|2 years (2019-01-16)||-32.38%|
|3 years (2018-01-16)||18.4|
|5 years (2016-01-15)||18.78|
Valuing Heritage Insurance stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Heritage Insurance's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Heritage Insurance's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Heritage Insurance shares trade at around 15x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Heritage Insurance's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$45 million.
The EBITDA is a measure of a Heritage Insurance's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$572.3 million|
|Operating margin TTM||6.42%|
|Gross profit TTM||USD$130.1 million|
|Return on assets TTM||1.15%|
|Return on equity TTM||4.35%|
|Market capitalisation||USD$284 million|
TTM: trailing 12 months
There are currently 651,680 Heritage Insurance shares held short by investors – that's known as Heritage Insurance's "short interest". This figure is 2.7% down from 669,848 last month.
There are a few different ways that this level of interest in shorting Heritage Insurance shares can be evaluated.
Heritage Insurance's "short interest ratio" (SIR) is the quantity of Heritage Insurance shares currently shorted divided by the average quantity of Heritage Insurance shares traded daily (recently around 130859.437751). Heritage Insurance's SIR currently stands at 4.98. In other words for every 100,000 Heritage Insurance shares traded daily on the market, roughly 4980 shares are currently held short.
However Heritage Insurance's short interest can also be evaluated against the total number of Heritage Insurance shares, or, against the total number of tradable Heritage Insurance shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Heritage Insurance's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Heritage Insurance shares in existence, roughly 20 shares are currently held short) or 0.0264% of the tradable shares (for every 100,000 tradable Heritage Insurance shares, roughly 26 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Heritage Insurance.
Find out more about how you can short Heritage Insurance stock.
Dividend payout ratio: 315.79% of net profits
Recently Heritage Insurance has paid out, on average, around 315.79% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Heritage Insurance shareholders could enjoy a 2.37% return on their shares, in the form of dividend payments. In Heritage Insurance's case, that would currently equate to about $0.24 per share.
Heritage Insurance's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Heritage Insurance's most recent dividend payout was on 5 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").
Over the last 12 months, Heritage Insurance's shares have ranged in value from as little as $7.3328 up to $13.8945. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Heritage Insurance's is 0.6714. This would suggest that Heritage Insurance's shares are less volatile than average (for this exchange).
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners; rental property insurance; and commercial residential insurance in Alabama, Connecticut, Florida, Georgia, Hawaii, Massachusetts, New York, New Jersey, North Carolina, Rhode Island, and South Carolina, as well as residential wind-only property and multi-peril property insurance. As of December 31, 2019, it had approximately 522,442 personal residential policies; 2,533 commercial residential policies; and 6,970 commercial general liability policies. The company markets and writes its voluntary personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through 8 wholesale agency relationships. It also provides restoration, and emergency and recovery services; and property management, retail agency, and reinsurance services. The company was founded in 2012 and is headquartered in Clearwater, Florida.
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