Heritage Net Income Applicable To Common Shares from 2010 to 2024

HRTG Stock  USD 12.43  0.07  0.57%   
Heritage Insurance's Net Loss is decreasing over the last several years with slightly volatile swings. Net Loss is estimated to finish at about -132 M this year. Net Loss is the net income that remains after preferred dividends have been deducted, available to common shareholders. View All Fundamentals
 
Net Loss  
First Reported
2013-03-31
Previous Quarter
7.8 M
Current Value
-7.4 M
Quarterly Volatility
21.2 M
 
Yuan Drop
 
Covid
Check Heritage Insurance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heritage Insurance's main balance sheet or income statement drivers, such as Interest Expense of 7 M, Selling General Administrative of 64.9 M or Total Revenue of 476 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 1.0E-4 or PTB Ratio of 0.74. Heritage financial statements analysis is a perfect complement when working with Heritage Insurance Valuation or Volatility modules.
  
Check out the analysis of Heritage Insurance Correlation against competitors.

Latest Heritage Insurance's Net Income Applicable To Common Shares Growth Pattern

Below is the plot of the Net Income Applicable To Common Shares of Heritage Insurance Hldgs over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Heritage Insurance's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Heritage Insurance's overall financial position and show how it may be relating to other accounts over time.
Net Income Applicable To Common Shares10 Years Trend
Slightly volatile
   Net Income Applicable To Common Shares   
       Timeline  

Heritage Net Income Applicable To Common Shares Regression Statistics

Arithmetic Mean(8,378,204)
Coefficient Of Variation(920.84)
Mean Deviation62,197,900
Median28,636,000
Standard Deviation77,150,032
Sample Variance5952.1T
Range246.9M
R-Value(0.79)
Mean Square Error2383T
R-Squared0.63
Significance0.0004
Slope(13,673,596)
Total Sum of Squares83329.8T

Heritage Net Income Applicable To Common Shares History

2024-132 M
2023-138.9 M
2022-154.4 M
2021-74.7 M
20209.3 M
201928.6 M
201827.2 M

About Heritage Insurance Financial Statements

Heritage Insurance stakeholders use historical fundamental indicators, such as Heritage Insurance's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Heritage Insurance investors may analyze each financial statement separately, they are all interrelated. For example, changes in Heritage Insurance's assets and liabilities are reflected in the revenues and expenses on Heritage Insurance's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Heritage Insurance Hldgs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-138.9 M-132 M

Currently Active Assets on Macroaxis

When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out the analysis of Heritage Insurance Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.033
Earnings Share
2.53
Revenue Per Share
26.755
Quarterly Revenue Growth
0.137
Return On Assets
0.0259
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.