NYSE:HRTG
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Heritage Insurance Holdings, Inc. (HRTG) has emerged as a promising investment according to recent analyses. The stock has been highlighted as a top pick, with a notable price increase of 36.8% since being recommended. Analysts praise the company's strong quarterly earnings in Q4 and positive cash reserve growth, although they anticipate potential losses up to $40 million due to upcoming California wildfires. The stock is priced attractively at 5x earnings and 1.3x book value, providing a substantial return on equity at 33%. With a price target set at $16, experts suggest covering part of the position and adjusting stop-loss levels, indicating a cautious yet optimistic outlook.
The company is small at $900M, even with a double this year, but priced very well at 8X earnings. Q1 earnings were very strong, and resulted in multiple broker upgrades. The balance sheet has net cash, and good earnings growth is expected over the next two years. It has lost money in prior years, and earnings can be volatile. Insiders own 15% and have been net buyers this year. Overall, it looks quite good to us for a small cap in the insurance sector.
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Heritage Insurance Holdings, Inc. is a American stock, trading under the symbol HRTG-N on the New York Stock Exchange (HRTG). It is usually referred to as NYSE:HRTG or HRTG-N
In the last year, 4 stock analysts published opinions about HRTG-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Heritage Insurance Holdings, Inc..
Heritage Insurance Holdings, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Heritage Insurance Holdings, Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Heritage Insurance Holdings, Inc. In the last year. It is a trending stock that is worth watching.
On 2025-06-23, Heritage Insurance Holdings, Inc. (HRTG-N) stock closed at a price of $23.26.
As analysts praise the super-regional insurance provider going for risk mitigation versus policy growth, we reiterate HRTG as a TOP PICK. The decision to exit high risk markets is aiding the bottom line allowing cash reserves to grow while debt is retired. It trades at 9x earnings, 2.1x book and supports a ROE of 27%. We recommend trailing up the stop (from $15.50) to $17.00, looking to achieve $29.00 -- upside potential of 28%. Yield 0%
(Analysts’ price target is $29.00)