Heritage Insurance Holdings Future Growth

Future criteria checks 3/6

Heritage Insurance Holdings is forecast to grow earnings and revenue by 15.2% and 9.4% per annum respectively while EPS is expected to grow by 10.7% per annum.

Key information

15.2%

Earnings growth rate

10.7%

EPS growth rate

Insurance earnings growth	9.2%
Revenue growth rate	9.4%
Future return on equity	n/a
Analyst coverage	Low
Last updated	09 Aug 2024

Recent future growth updates

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

Mar 14

Recent updates

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

Aug 28

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: 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

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

Mar 14

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

Aug 04

Heritage Insurance: A Potential Lifebuoy In The Stormy Florida Market

Jun 17

Heritage Insurance Holdings (NYSE:HRTG) Will Pay A Dividend Of US$0.06

May 27

Heritage Insurance Holdings' (NYSE:HRTG) Dividend Will Be US$0.06

May 09

Earnings and Revenue Growth Forecasts

NYSE:HRTG - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	886	70	N/A	N/A	2
12/31/2024	818	59	N/A	N/A	2
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	22	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 (15.2% per year) is above the savings rate (2.5%).

Earnings vs Market: HRTG's earnings (15.2% per year) are forecast to grow faster than the US market (15.2% per year).

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

Revenue vs Market: HRTG's revenue (9.4% per year) is forecast to grow faster than the US market (8.8% per year).

High Growth Revenue: HRTG's revenue (9.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if HRTG's Return on Equity is forecast to be high in 3 years time

Heritage Insurance Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 33%

Price target increased by 25% to US$12.50

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

Price target increased by 18% to US$7.33

Price target increased by 29% to US$6.08

Price target increased by 17% to US$4.50

Recent updates

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

Independent Chairman recently sold US$67k worth of stock

Investor sentiment improves as stock rises 42%

Consensus EPS estimates increase by 33%

New minor risk - Share price stability

Price target increased by 25% to US$12.50

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Heritage Insurance Holdings, Inc. to Report Q2, 2024 Results on Aug 06, 2024

Investor sentiment improves as stock rises 17%

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

Heritage Insurance: How The Stock Looks After Q1 2024 Earnings

Independent Director recently bought US$418k worth of stock

Investor sentiment deteriorates as stock falls 21%

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Heritage Insurance Holdings, Inc., Annual General Meeting, Jun 05, 2024

Heritage Insurance Holdings, Inc. to Report Q1, 2024 Results on May 01, 2024

New minor risk - Share price stability

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

Independent Director recently bought US$163k worth of stock

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

Full year 2023 earnings: EPS exceeds analyst expectations

Investor sentiment improves as stock rises 34%

Heritage Insurance Holdings, Inc. to Report Q4, 2023 Results on Mar 11, 2024

Heritage Insurance: An Unjustified Premium

Heritage Insurance Holdings, Inc. announced that it expects to receive $1.000002 million in funding

Heritage Insurance Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $24.999995 million.

Heritage Insurance Holdings, Inc. has filed a Follow-on Equity Offering.

Heritage Insurance Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $24.999995 million.

Insufficient new directors

Investor sentiment improves as stock rises 32%

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 23%

Price target increased by 18% to US$7.33

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Heritage Insurance Is My Best Value Idea

Heritage Insurance Holdings, Inc. to Report Q3, 2023 Results on Nov 02, 2023

Price target increased by 29% to US$6.08

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Heritage Insurance Holdings, Inc. to Report Q2, 2023 Results on Aug 08, 2023

New minor risk - Market cap size

Price target increased by 17% to US$4.50

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insider recently bought US$397k worth of stock

Price target decreased to US$5.08

Heritage Insurance Holdings, Inc. (NYSE:HRTG) announces an Equity Buyback for $10 million worth of its shares.

Heritage Insurance announces $10M stock buyback plan

Insider recently bought US$394k worth of stock

Consensus forecasts updated

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Heritage Insurance Holdings, Inc. to Report Q3, 2022 Results on Nov 08, 2022

Consensus forecasts updated

Insider recently bought US$317k worth of stock

Consensus forecasts updated

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

Price target decreased to US$6.75

Heritage Insurance Holdings, Inc. Announces Resignation of Steven Martindale from the Board

Second quarter 2022 earnings released: US$3.32 loss per share (vs US$0.14 loss in 2Q 2021)

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

Insufficient new directors

Now 25% undervalued after recent price drop

Heritage Insurance Holdings, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Price target decreased to US$7.25

Now 24% undervalued after recent price drop

Heritage Insurance Holdings, Inc.(NYSE:HRTG) dropped from Russell 2000 Growth-Defensive Index

Now 21% undervalued after recent price drop

Heritage Insurance: A Potential Lifebuoy In The Stormy Florida Market