In last trading session, Heritage Insurance Holdings Inc (NYSE:HRTG) saw 0.37 million shares changing hands with its beta currently measuring 0.96. Company’s recent per share price level of $14.43 trading at -$1.19 or -7.62% at ring of the bell on the day assigns it a market valuation of $441.68M. That closing price of HRTG’s stock is at a discount of -17.12% from its 52-week high price of $16.90 and is indicating a premium of 57.45% from its 52-week low price of $6.14. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 195.36K if we extend that period to 3-months.
Heritage Insurance Holdings Inc (NYSE:HRTG) trade information
Upright in the red during last session for losing -7.62%, in the last five days HRTG remained trading in the red while hitting it’s week-highest on Thursday, 04/03/25 when the stock touched $14.43 price level, adding 8.67% to its value on the day. Heritage Insurance Holdings Inc’s shares saw a change of 19.26% in year-to-date performance and have moved -2.17% in past 5-day. Heritage Insurance Holdings Inc (NYSE:HRTG) showed a performance of 25.81% in past 30-days. Number of shares sold short was 0.71 million shares which calculate 3.72 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 12.5 to the stock, which implies a fall of -15.44% to its current value. Analysts have been projecting 12 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would jump 16.84% in reaching the projected high whereas dropping to the targeted low would mean a gain of 16.84% for stock’s current value.
Heritage Insurance Holdings Inc (HRTG) estimates and forecasts
This year revenue growth is estimated to rise 6.51% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 213.68M for the same. And 2 analysts are in estimates of company making revenue of 216.05M in the next quarter. Company posted 191.3M and 203.57M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.43% during past 5 years.
Heritage Insurance Holdings Inc (NYSE:HRTG)’s Major holders
Insiders are in possession of 26.24% of company’s total shares while institution are holding 57.93 percent of that, with stock having share float percentage of 78.55%. Investors also watch the number of corporate investors in a company very closely, which is 57.93% institutions for Heritage Insurance Holdings Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at HRTG for having 1.77 million shares of worth $12.53 million. And as of 2024-06-30, it was holding 5.774 of the company’s outstanding shares.
The second largest institutional holder is DIMENSIONAL FUND ADVISORS LP, which was holding about 1.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6568 of outstanding shares, having a total worth of $10.02 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco Dorsey Wright SmallCap Momentum ET are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 725.15 shares of worth $10.46 million or 1.69% of the total outstanding shares. The later fund manager was in possession of 684.93 shares on Feb 28, 2025 , making its stake of worth around $9.88 million in the company or a holder of 1.60% of company’s stock.
