During the last session, Heritage Insurance Holdings Inc (NYSE:HRTG)’s traded shares were 0.72 million, with the beta value of the company hitting 0.96. At the end of the trading day, the stock’s price was $26.02, reflecting an intraday gain of 1.40% or $0.36. The 52-week high for the HRTG share is $26.00, that puts it up 0.08 from that peak though still a striking 76.4% gain since the share price plummeted to a 52-week low of $6.14. The company’s market capitalization is $806.45M, and the average trade volume was 314.62K shares over the past three months.
Heritage Insurance Holdings Inc (NYSE:HRTG) trade information
Heritage Insurance Holdings Inc (HRTG) registered a 1.40% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.40% in intraday trading to $26.02, hitting a weekly high. The stock’s 5-day price performance is 33.57%, and it has moved by 71.64% in 30 days. Based on these gigs, the overall price performance for the year is 223.63%.
The consensus price target of analysts on Wall Street is $12.5, which implies a decrease of -108.16% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $12 and $13 respectively. As a result, HRTG is trading at a premium of 50.04% off the target high and 53.88% off the low.
Heritage Insurance Holdings Inc (HRTG) estimates and forecasts
In the rating firms’ projections, revenue will increase 4.64% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 212.12M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 214.11M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 203.57M and 211.85M respectively. In this case, analysts expect current quarter sales to grow by 4.20% and then jump by 1.07% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.43%. While earnings are projected to return 54.89% in 2025.
HRTG Dividends
Heritage Insurance Holdings Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 1.41 million shares, is of DIMENSIONAL FUND ADVISORS LP’s that is approximately 4.6153% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $10.02 million.
Also, the Mutual Funds coming in first place with the largest holdings of Heritage Insurance Holdings Inc (HRTG) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco Dorsey Wright SmallCap Momentum ET . Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 725.15 shares. This amounts to just over 2.34 percent of the company’s overall shares, with a $18.87 million market value. The same data shows that the other fund manager holds slightly less at 660.89, or about 2.13% of the stock, which is worth about $17.2 million.
