This summary was created by AI, based on 1 opinions in the last 12 months.
Heritage Insurance Holdings, Inc. (HRTG-N) has recently demonstrated robust performance, specifically reporting its best quarterly earnings in Q4. However, the company anticipates potential losses of up to $40 million attributed to California wildfires in the first quarter of 2025. Despite this challenge, analysts view the growing cash reserves positively. Currently, the stock is trading at 5 times earnings and 1.3 times book value, which reflects a Return on Equity (ROE) of 33%. Experts recommend maintaining a conservative strategy with a stop-loss set at $8 while aiming for an upside potential of 22%, with a target price of $16 and a yield of 0.9%.
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, 1 stock analyst published opinions about HRTG-N. 1 analyst 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.
1 stock analyst on Stockchase covered Heritage Insurance Holdings, Inc. In the last year. It is a trending stock that is worth watching.
On 2025-04-11, Heritage Insurance Holdings, Inc. (HRTG-N) stock closed at a price of $16.23.
Our PAST TOP PICK with HRTG has achieved its target at $16. To remain disciplined, we recommend covering half the position at this time and scaling up the stop (from $8) to $10.