Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners, and rental property insurance in Alabama, Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; and commercial residential insurance in Florida, New Jersey, and New York, as well as residential wind-only property and multi-peril property insurance. The company writes personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through 8 wholesale agency relationships. It also provides restoration, and emergency and recovery services; and property management, retail agency, and reinsurance services. The company was founded in 2012 and is headquartered in Clearwater, Florida.
IPO Year: 2014
Exchange: NYSE
Website: heritagepci.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $9.00 → $13.00 | Neutral → Overweight | Piper Sandler |
| 3/13/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 2/13/2023 | $4.30 → $2.20 | Overweight → Neutral | Piper Sandler |
| 10/15/2021 | $14.00 → $12.00 | Market Outperform | JMP Securities |
Piper Sandler upgraded Heritage Insurance from Neutral to Overweight and set a new price target of $13.00 from $9.00 previously
JMP Securities downgraded Heritage Insurance from Mkt Outperform to Mkt Perform
Piper Sandler downgraded Heritage Insurance from Overweight to Neutral and set a new price target of $2.20 from $4.30 previously
JMP Securities reiterated coverage of Heritage Insurance Hldgs with a rating of Market Outperform and set a new price target of $12.00 from $14.00 previously
TAMPA, Fla., July 16, 2024 /PRNewswire/ -- Heritage Insurance Holdings Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced its inclusion in the Russell 3000® Index, as confirmed by the reconstitution information posted on the FTSE Russell website. The inclusion into the index took effect at the opening of the U.S. equity markets on Monday July 1, 2024. "We are pleased to join the esteemed Russell indexes," said Ernie Garateix, Chief Executive Officer of Heritage Insurance. "Our re-inclusion reflects
TAMPA, Fla., March 9, 2023 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced the appointment of Paul Whiting to the Company's Board of Directors, effective immediately, to fill a recent vacancy. "We are honored to welcome Paul to Heritage's Board of Directors and look forward to his contributions," said Richard Widdicombe, Heritage Chair of the Board of Directors. "Paul's wealth of public company experience makes him a valuable addition to our Board as
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
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4/A - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
TAMPA, Fla., Nov. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported third quarter of 2024 financial results. Third Quarter 2024 Result Highlights Net income of $8.2 million or $0.27 per diluted share, improved from net loss of ($7.4) million or ($0.28) per diluted share in the prior year quarterGross premiums earned of $354.2 million, up 5.1% from $337.0 million in the prior year quarterNet premiums earned of $198.8 million, up 12.6% from $176.6
TAMPA, Fla., Oct. 22, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced estimated losses for Hurricanes Debby, Helene, and Milton. Ernie Garateix, CEO at Heritage, commented, "Our thoughts are with those impacted by the devastating hurricanes that have ravaged so many communities across the southeast. This has been a difficult storm season leaving millions with significant damage and loss. At Heritage, we are working tirelessly to support our clai
TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter.Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prior year quarter.Net premiums earned of $190.3 million, up 7.6% from $176.
TAMPA, Fla., July 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024, followed by a 9:00 am ET conference call and webcast on Wednesday, August 7, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdin
TAMPA, Fla., May 1, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights First quarter net income of $14.2 million or $0.47 per diluted share improved from net income of $14.0 million or $0.55 per diluted share in the prior year quarter, primarily driven by an increase in net premiums earned, and higher net investment income, which is partly offset by higher operating expenses
TAMPA, Fla., April 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024, followed by a 9:00 am ET conference call and webcast on Thursday, May 2, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdings ca
TAMPA, Fla., Feb. 8, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce fourth quarter and full year 2023 financial results after the market closes on Monday, March 11, 2024, followed by a 9:00 am ET conference call and webcast on Tuesday, March 12, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insura
TAMPA, Fla., Aug. 8, 2023 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2023 financial results. Second Quarter 2023 Result Highlights Second quarter net income of $7.8 million or $0.30 per diluted share, up from a net loss of $87.9 million or ($3.32) per diluted share in the prior year quarter primarily driven by growth in net premiums earned, and higher investment income, which resulted in an improved net combined ratio. The net los
TAMPA, Fla., July 25, 2023 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2023 financial results after the market closes on Tuesday, August 8, 2023, followed by a 9:00 am ET conference call and webcast on Wednesday, August 9, 2023. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdin
TAMPA, Fla., May 4, 2023 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2023 financial results. First Quarter 2023 Result Highlights First quarter net income of $14.0 million or $0.55 per diluted share, up from a net loss of $30.8 million or ($1.15) per diluted share in the prior year quarter primarily due to higher net earned premium and significantly lower weather losses.Premiums-in-force exceeded $1.3 billion, up 10.9% year-over-yea
The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. The inclusion into the index took effect at the opening of the U.S. equity markets on Monday July 1, 2024.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Heritage Insurance Holdings Inc (NYSE:HRTG) On May 1, Heritage Insurance Holdings reported worse-than-expected first-quarter EP
Heritage Insurance Hldgs (NYSE:HRTG) reported quarterly earnings of $0.47 per share which missed the analyst consensus estimate of $0.56 by 16.07 percent. This is a 14.55 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $191.302 million which beat the analyst consensus estimate of $189.047 million by 1.19 percent. This is a 8.13 percent increase over sales of $176.921 million the same period last year.
Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company announced today that it fully placed its 2024-2025 indemnity based, catastrophe excess-of-loss reinsurance program for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company."We are delighted to announce the successful completion of our 2024-2025 catastrophe excess of loss reinsurance program," stated Heritage CEO Ernie Garateix. "We value the unwavering support of our valued long-term reinsurance partners as well as new reinsurance partners and reaffirm our commitment
- SEC Filing
JMP Securities analyst Matthew Carletti reiterates Heritage Insurance Hldgs (NYSE:HRTG) with a Market Perform.
Piper Sandler analyst Paul Newsome maintains Heritage Insurance Hldgs (NYSE:HRTG) with a Neutral and maintains $9 price target.
Truist Securities analyst Mark Hughes maintains Heritage Insurance Hldgs (NYSE:HRTG) with a Buy and raises the price target from $9 to $11.
TAMPA, Fla., Nov. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported third quarter of 2024 financial results. Third Quarter 2024 Result Highlights Net income of $8.2 million or $0.27 per diluted share, improved from net loss of ($7.4) million or ($0.28) per diluted share in the prior year quarterGross premiums earned of $354.2 million, up 5.1% from $337.0 million in the prior year quarterNet premiums earned of $198.8 million, up 12.6% from $176.6
TAMPA, Fla., Oct. 22, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced estimated losses for Hurricanes Debby, Helene, and Milton. Ernie Garateix, CEO at Heritage, commented, "Our thoughts are with those impacted by the devastating hurricanes that have ravaged so many communities across the southeast. This has been a difficult storm season leaving millions with significant damage and loss. At Heritage, we are working tirelessly to support our clai
TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter.Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prior year quarter.Net premiums earned of $190.3 million, up 7.6% from $176.
TAMPA, Fla., July 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024, followed by a 9:00 am ET conference call and webcast on Wednesday, August 7, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdin
TAMPA, Fla., July 16, 2024 /PRNewswire/ -- Heritage Insurance Holdings Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced its inclusion in the Russell 3000® Index, as confirmed by the reconstitution information posted on the FTSE Russell website. The inclusion into the index took effect at the opening of the U.S. equity markets on Monday July 1, 2024. "We are pleased to join the esteemed Russell indexes," said Ernie Garateix, Chief Executive Officer of Heritage Insurance. "Our re-inclusion reflects
TAMPA, Fla., May 22, 2024 /PRNewswire/ -- Heritage Insurance Holdings Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, is pleased to announce that the Florida Office of Insurance Regulation has approved a 3.3% rate decrease for its Florida homeowner's (HO3) business. This new rate will become effective for both new and renewal policies starting August 20, 2024. This rate decrease is reflective of the positive impacts of the Florida legislative changes which eliminated one-way attorney fees and reduced other abusi
TAMPA, Fla., May 1, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights First quarter net income of $14.2 million or $0.47 per diluted share improved from net income of $14.0 million or $0.55 per diluted share in the prior year quarter, primarily driven by an increase in net premiums earned, and higher net investment income, which is partly offset by higher operating expenses
TAMPA, Fla., April 29, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company announced today that it fully placed its 2024-2025 indemnity based, catastrophe excess-of-loss reinsurance program for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company. "We are delighted to announce the successful completion of our 2024-2025 catastrophe excess of loss reinsurance program," stated Heritage
TAMPA, Fla., April 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024, followed by a 9:00 am ET conference call and webcast on Thursday, May 2, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdings ca
TAMPA, Fla., March 20, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that its Board of Directors authorized a new share repurchase plan of $10.0 million (the "New Share Repurchase Plan") commencing upon the December 31, 2023 expiration of the prior $10.0 million share repurchase program (the "Prior Share Repurchase Plan"). Under the New Share Repurchase Plan, the Company is authorized to repurchase shares through open market purchases, privately
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4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
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4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
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10-Q - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
10-Q - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
10-Q - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
EFFECT - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)