Heritage Insurance Holdings Future Growth
Future criteria checks 2/6
Heritage Insurance Holdings is forecast to grow earnings and revenue by 13.5% and 7.1% per annum respectively. EPS is expected to grow by 9.4% per annum. Return on equity is forecast to be 21.7% in 3 years.
Key information
13.5%
Earnings growth rate
9.4%
EPS growth rate
| Insurance earnings growth | 10.4% |
| Revenue growth rate | 7.1% |
| Future return on equity | 21.7% |
| Analyst coverage | Low |
| Last updated | 08 Nov 2024 |
Recent future growth updates
Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 09
Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 14Recent updates
Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 09Heritage Insurance: Float Based Analysis
Oct 30Market Cool On Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Revenues Pushing Shares 36% Lower
Oct 23Heritage Insurance: The 24 Hours That Changed Everything
Sep 30A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 102% Share Price Climb
Aug 28Heritage Insurance: Riding The Wave Of Florida's Reformed Insurance Market
Aug 27Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Subdued P/S Might Signal An Opportunity
Jul 14Heritage Insurance: How The Stock Looks After Q1 2024 Earnings
May 13A Piece Of The Puzzle Missing From Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) 56% Share Price Climb
Mar 21Earnings Beat: Heritage Insurance Holdings, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 14Heritage Insurance: An Unjustified Premium
Jan 18Heritage Insurance Is My Best Value Idea
Oct 26Heritage Insurance announces $10M stock buyback plan
Jan 17Heritage Insurance sees $40M in net retained losses from Hurricane Ian
Oct 13Heritage Insurance GAAP EPS of -$3.32 misses by $3.34, revenue of $163.77M beats by $4.78M
Aug 04Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 929 | 79 | N/A | N/A | 1 |
| 12/31/2025 | 875 | 68 | N/A | N/A | 2 |
| 12/31/2024 | 815 | 39 | N/A | N/A | 2 |
| 9/30/2024 | 794 | 72 | 236 | 243 | N/A |
| 6/30/2024 | 768 | 57 | 196 | 203 | N/A |
| 3/31/2024 | 750 | 46 | 52 | 60 | N/A |
| 12/31/2023 | 735 | 45 | 61 | 70 | N/A |
| 9/30/2023 | 723 | 27 | -60 | -48 | N/A |
| 6/30/2023 | 702 | -14 | 24 | 37 | N/A |
| 3/31/2023 | 681 | -110 | 5 | 20 | N/A |
| 12/31/2022 | 662 | -154 | -47 | -34 | N/A |
| 9/30/2022 | 655 | -216 | -34 | -28 | N/A |
| 6/30/2022 | 656 | -184 | -95 | -92 | N/A |
| 3/31/2022 | 643 | -100 | -19 | -18 | N/A |
| 12/31/2021 | 632 | -75 | 59 | 60 | N/A |
| 9/30/2021 | 624 | -23 | 121 | 124 | N/A |
| 6/30/2021 | 622 | -12 | 140 | 143 | N/A |
| 3/31/2021 | 608 | -3 | 123 | 124 | N/A |
| 12/31/2020 | 593 | 9 | 169 | 170 | N/A |
| 9/30/2020 | 572 | 19 | 121 | 122 | N/A |
| 6/30/2020 | 539 | 33 | 174 | 175 | N/A |
| 3/31/2020 | 526 | 29 | 119 | 120 | N/A |
| 12/31/2019 | 511 | 29 | 115 | 120 | N/A |
| 9/30/2019 | 498 | 20 | 146 | 152 | N/A |
| 6/30/2019 | 491 | 18 | 118 | 124 | N/A |
| 3/31/2019 | 486 | 19 | 188 | 194 | N/A |
| 12/31/2018 | 480 | 27 | 94 | 96 | N/A |
| 9/30/2018 | 464 | 18 | -31 | -30 | N/A |
| 6/30/2018 | 440 | 3 | N/A | 23 | N/A |
| 3/31/2018 | 419 | 8 | N/A | -9 | N/A |
| 12/31/2017 | 407 | -1 | N/A | 7 | N/A |
| 9/30/2017 | 401 | 1 | N/A | 73 | N/A |
| 6/30/2017 | 408 | 21 | N/A | 4 | N/A |
| 3/31/2017 | 427 | 32 | N/A | 22 | N/A |
| 12/31/2016 | 439 | 34 | N/A | 83 | N/A |
| 9/30/2016 | 437 | 57 | N/A | 135 | N/A |
| 6/30/2016 | 417 | 63 | N/A | 172 | N/A |
| 3/31/2016 | 401 | 70 | N/A | 138 | N/A |
| 12/31/2015 | 395 | 93 | N/A | 153 | N/A |
| 9/30/2015 | 379 | 92 | N/A | 258 | N/A |
| 6/30/2015 | 348 | 85 | N/A | 244 | N/A |
| 3/31/2015 | 295 | 69 | N/A | 243 | N/A |
| 12/31/2014 | 234 | 47 | N/A | 194 | N/A |
| 9/30/2014 | 182 | 28 | N/A | 76 | N/A |
| 6/30/2014 | 146 | 24 | N/A | 134 | N/A |
| 3/31/2014 | 148 | 35 | N/A | 124 | N/A |
| 12/31/2013 | 125 | 34 | N/A | 105 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRTG's forecast earnings growth (13.5% per year) is above the savings rate (2.6%).
Earnings vs Market: HRTG's earnings (13.5% 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 (8.9% 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 (21.7%)