Heritage Insurance Holdings, Inc.

NYSE:HRTG Stock Report

Market Cap: US$353.7m

Heritage Insurance Holdings Future Growth

Future criteria checks 2/6

Heritage Insurance Holdings is forecast to grow earnings and revenue by 12.7% and 7.1% per annum respectively. EPS is expected to grow by 3.9% per annum. Return on equity is forecast to be 21.5% in 3 years.

Key information

12.7%

Earnings growth rate

3.9%

EPS growth rate

Insurance earnings growth11.3%
Revenue growth rate7.1%
Future return on equity21.5%
Analyst coverage

Low

Last updated17 Dec 2024

Recent future growth updates

Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 09
Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 14
Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Recent updates

Heritage Insurance: Potential For Above-Average Stock Gains In 2025

Dec 02

Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Nov 09
Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Heritage Insurance: Float Based Analysis

Oct 30

Market Cool On Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Revenues Pushing Shares 36% Lower

Oct 23
Market Cool On Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Revenues Pushing Shares 36% Lower

Heritage Insurance: The 24 Hours That Changed Everything

Sep 30

A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 102% Share Price Climb

Aug 28
A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 102% Share Price Climb

Heritage Insurance: Riding The Wave Of Florida's Reformed Insurance Market

Aug 27

Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Subdued P/S Might Signal An Opportunity

Jul 14
Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Subdued P/S Might Signal An Opportunity

Heritage Insurance: How The Stock Looks After Q1 2024 Earnings

May 13

A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 56% Share Price Climb

Mar 21
A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 56% Share Price Climb

Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 14
Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Heritage Insurance: An Unjustified Premium

Jan 18

Heritage Insurance Is My Best Value Idea

Oct 26

Heritage Insurance announces $10M stock buyback plan

Jan 17

Heritage Insurance sees $40M in net retained losses from Hurricane Ian

Oct 13

Heritage Insurance GAAP EPS of -$3.32 misses by $3.34, revenue of $163.77M beats by $4.78M

Aug 04

Earnings and Revenue Growth Forecasts

NYSE:HRTG - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202692979N/AN/A1
12/31/202587568N/AN/A2
12/31/202481541N/AN/A2
9/30/202479472236243N/A
6/30/202476857196203N/A
3/31/2024750465260N/A
12/31/2023735456170N/A
9/30/202372327-60-48N/A
6/30/2023702-142437N/A
3/31/2023681-110520N/A
12/31/2022662-154-47-34N/A
9/30/2022655-216-34-28N/A
6/30/2022656-184-95-92N/A
3/31/2022643-100-19-18N/A
12/31/2021632-755960N/A
9/30/2021624-23121124N/A
6/30/2021622-12140143N/A
3/31/2021608-3123124N/A
12/31/20205939169170N/A
9/30/202057219121122N/A
6/30/202053933174175N/A
3/31/202052629119120N/A
12/31/201951129115120N/A
9/30/201949820146152N/A
6/30/201949118118124N/A
3/31/201948619188194N/A
12/31/2018480279496N/A
9/30/201846418-31-30N/A
6/30/20184403N/A23N/A
3/31/20184198N/A-9N/A
12/31/2017407-1N/A7N/A
9/30/20174011N/A73N/A
6/30/201740821N/A4N/A
3/31/201742732N/A22N/A
12/31/201643934N/A83N/A
9/30/201643757N/A135N/A
6/30/201641763N/A172N/A
3/31/201640170N/A138N/A
12/31/201539593N/A153N/A
9/30/201537992N/A258N/A
6/30/201534885N/A244N/A
3/31/201529569N/A243N/A
12/31/201423447N/A194N/A
9/30/201418228N/A76N/A
6/30/201414624N/A134N/A
3/31/201414835N/A124N/A
12/31/201312534N/A105N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HRTG's forecast earnings growth (12.7% per year) is above the savings rate (2.6%).

Earnings vs Market: HRTG's earnings (12.7% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: HRTG's earnings are forecast to grow, but not significantly.

Revenue vs Market: HRTG's revenue (7.1% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: HRTG's revenue (7.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HRTG's Return on Equity is forecast to be high in 3 years time (21.5%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 14:41
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Heritage Insurance Holdings, Inc. is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew CarlettiJMP Securities
Christopher CampbellKeefe, Bruyette, & Woods
Jon Paul NewsomePiper Sandler Companies