Heritage Insurance Holdings, Inc.

HRTG

US42727J1025

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 04:00:03 2024-05-31 pm EDT			5-day change	1st Jan Change
8.5 ^USD	-0.12%		+4.55%	+30.37%

May. 22	Heritage Insurance's 3.3% Rate Reduction for Homeowner Policies Approved by Regulators	MT
May. 20	Guidewire's InsuranceNow Platform Chosen by United Heritage to Modernize Operations	MT

Heritage Insurance Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 04:07 pm EDT

Heritage Insurance Holdings, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 191.3 million compared to USD 176.92 million a year ago. Net income was USD 14.23 million compared to USD 14.01 million a year ago.

Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 0.55 a year ago.

Latest news about Heritage Insurance Holdings, Inc.

Heritage Insurance's 3.3% Rate Reduction for Homeowner Policies Approved by Regulators	May. 22	MT
Guidewire's InsuranceNow Platform Chosen by United Heritage to Modernize Operations	May. 20	MT
Heritage Insurance Holdings Insider Bought Shares Worth $417,500, According to a Recent SEC Filing	May. 07	MT
Transcript : Heritage Insurance Holdings, Inc., Q1 2024 Earnings Call, May 02, 2024	May. 02
Tranche Update on Heritage Insurance Holdings, Inc.'s Equity Buyback Plan announced on March 13, 2024.	May. 02	CI
Earnings Flash (HRTG) HERITAGE INSURANCE HOLDINGS Posts Q1 Revenue $191.3M, vs. Street Est of $189M	May. 01	MT
Heritage Insurance Holdings, Inc. Decides to Continue Suspension of the Quarterly Dividend	May. 01	CI
Heritage Insurance Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 01	CI
Heritage Insurance's Board Authorizes New $10 Million Share Repurchase Program	Mar. 21	MT
Financials Rise as Traders Hedge on Growth Views -- Financials Roundup	Mar. 13	DJ
Heritage Insurance Holdings, Inc. announces an Equity Buyback for $10 million worth of its shares.	Mar. 13	CI
Tranche Update on Heritage Insurance Holdings, Inc.'s Equity Buyback Plan announced on January 17, 2023.	Mar. 13	CI
Heritage Insurance Shares Fall After JMP Securities Downgrade	Mar. 13	MT
Truist Adjusts Price Target on Heritage Insurance Holdings to $11 From $9, Maintains Buy Rating	Mar. 13	MT
JMP Securities Downgrades Heritage Insurance Holdings to Market Perform From Market Outperform	Mar. 13	MT
Financials Up as Traders Hedge on Growth Views - Financials Roundup	Mar. 12	DJ
Transcript : Heritage Insurance Holdings, Inc., Q4 2023 Earnings Call, Mar 12, 2024	Mar. 12
Top Premarket Gainers	Mar. 12	MT
Heritage Insurance Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 11	CI
Earnings Flash (HRTG) HERITAGE INSURANCE HOLDINGS Reports Q4 Revenue $187M, vs. Street Est of $185.1M	Mar. 11	MT
Heritage Insurance Holdings, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 11	CI
North American Morning Briefing : Stock Futures -2-	Mar. 11	DJ
Heritage Insurance Holdings, Inc. authorizes a Buyback Plan.	Mar. 10	CI
Certain Common Stock of Heritage Insurance Holdings, Inc. are subject to a Lock-Up Agreement Ending on 12-FEB-2024.	Feb. 11	CI
Heritage Insurance Holdings, Inc's Equity Buyback announced on January 17, 2023, has expired with 0 shares, representing 0% for $0 million.	Dec. 30	CI

Chart Heritage Insurance Holdings, Inc.

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Company Profile

Heritage Insurance Holdings, Inc. is a property and casualty insurance holding company. The Company primarily provides personal and commercial residential insurance through its insurance company subsidiaries. It is vertically integrated and controls or manages substantially all aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. Its subsidiaries include Heritage Property & Casualty Insurance Company (Heritage P&C), which provides personal and commercial residential property insurance and commercial general liability insurance; Narragansett Bay Insurance Company (NBIC), which provides personal and commercial residential property insurance, and Zephyr Insurance Company (Zephyr), which provides personal residential and wind-only property insurance in Hawaii. The Company provides personal residential insurance in approximately 14 eastern and gulf states and commercial residential insurance in three of those states.

Sector

Property & Casualty Insurance

Calendar

2024-06-05 - Annual General Meeting

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Ratings for Heritage Insurance Holdings, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

8.5 USD

Average target price

10 USD

Spread / Average Target

+17.65%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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