Heritage Insurance Holdings Inc (NYSE: HRTG): What Value Is It And What Can You Do About It

Heritage Insurance Holdings Inc (NYSE:HRTG)’s traded shares stood at 0.37 million during the last session, with the company’s beta value hitting 0.99. At the close of trading, the stock’s price was $23.42, to imply an increase of 2.09% or $0.48 in intraday trading. The HRTG share’s 52-week high remains $26.64, putting it -13.75% down since that peak but still an impressive 73.78% since price per share fell to its 52-week low of $6.14.

Heritage Insurance Holdings Inc (NYSE:HRTG) trade information

After registering a 2.09% upside in the last session, Heritage Insurance Holdings Inc (HRTG) has traded red over the past five days. The 5-day price performance for the stock is -4.29%, and 22.94% over 30 days. With these gigs, the year-to-date price performance is 93.55%.

The extremes give us $12 and $13 for target low and target high price respectively. As such, HRTG has been trading 44.49% off suggested target high and 48.76% from its likely low.

Heritage Insurance Holdings Inc (HRTG) estimates and forecasts

The rating firms project that company’s revenue will grow 4.64% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 212.12M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 214.11M.Earnings reports from the last fiscal year show that sales brought in 203.57M and 211.85M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.20% before jumping 1.07% in the following quarter.

HRTG Dividends

Heritage Insurance Holdings Inc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

The next major institution holding the largest number of shares is DIMENSIONAL FUND ADVISORS LP with 1.41 million shares, or about 4.6153% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $10.02 million.

We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exch-Trd Fd. TRT II-Invesco Dorsey Wright SmallCap Momentum ET as the top two Mutual Funds with the largest holdings of the Heritage Insurance Holdings Inc (HRTG) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 725.15 shares. This is just over 2.34% of the total shares, with a market valuation of $16.98 million. Data from the same date shows that the other fund manager holds a little less at 640.62, or 2.07% of the shares, all valued at about 15.0 million.