Heritage Insurance Financials

HRTG Stock  USD 13.57  0.21  1.52%   
Based on the measurements of operating efficiency obtained from Heritage Insurance's historical financial statements, Heritage Insurance Hldgs is performing exceptionally good at the present time. It has a great chance to report excellent financial results in April. At this time, Heritage Insurance's Retained Earnings are most likely to increase significantly in the upcoming years. The Heritage Insurance's current Other Assets is estimated to increase to about 1.9 B, while Other Current Liabilities is projected to decrease to (260.6 M). Key indicators impacting Heritage Insurance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.360.486
Way Down
Slightly volatile
Current Ratio689656
Sufficiently Up
Slightly volatile
The financial analysis of Heritage Insurance is a critical element in measuring its lifeblood. Investors should not minimize Heritage Insurance's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

64.62 Million

  
Understanding current and past Heritage Insurance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Heritage Insurance's financial statements are interrelated, with each one affecting the others. For example, an increase in Heritage Insurance's assets may result in an increase in income on the income statement.

Heritage Insurance Stock Summary

Heritage Insurance competes with Universal Insurance, Donegal Group, Horace Mann, NI Holdings, and HCI. Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida. Heritage Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 648 people.
Specialization
Financial Services, Insurance - Property & Casualty
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS42727J1025
CUSIP42727J102
LocationFlorida; U.S.A
Business Address1401 North Westshore
SectorInsurance
IndustryFinancials
BenchmarkDow Jones Industrial
Websiteinvestors.heritagepci.com
Phone727 362 7200
CurrencyUSD - US Dollar

Heritage Insurance Key Financial Ratios

Heritage Insurance Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets2.1B2.0B2.4B2.2B2.5B1.6B
Other Current Liab(261.0M)(462.1M)(245.3M)(148.5M)(248.2M)(260.6M)
Other Liab13.0M677.8M599.6M229K263.4K250.2K
Net Debt(320.0M)(207.4M)(110.7M)(315.4M)(452.7M)(430.0M)
Retained Earnings219.8M138.4M(19.2M)26.1M87.7M123.3M
Accounts Payable251.0M201.8M217.5M176.0M248.2M147.2M
Cash441.0M359.3M280.9M463.6M452.7M280.5M
Other Assets(173.4M)(264.8M)1.9B(45.8M)1.8B1.9B
Long Term Debt121.0M120.8M128.9M30.1M36.2M34.4M
Net Receivables464.7M353.1M909.9M89.5M102.1M97.0M
Total Liab1.6B1.6B2.3B1.9B2.2B1.3B
Total Current Assets1.5B1.4B373.6M558.1M554.8M826.6M
Net Tangible Assets227.7M227.6M195.2M81.5M73.3M69.7M
Capital Surpluse329.6M331.9M332.8M334.7M384.9M311.1M
Inventory(629.9M)(495.8M)(2.0B)(553.1M)(497.8M)(522.7M)
Other Current Assets629.9M495.8M512.1M5.0M5.7M5.4M
Treasury Stock(105.4M)(115.4M)(123.6M)(130.9M)(117.8M)(123.7M)
Intangible Assets62.3M55.9M49.6M42.6M36.4M54.7M

Heritage Insurance Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense8.0M8.0M8.8M11.2M10.9M7.4M
Total Revenue593.4M631.6M662.5M735.5M817.0M508.5M
Gross Profit593.4M631.6M662.5M735.5M817.0M508.5M
Operating Income(11.8M)(90.9M)(157.4M)63.2M93.6M98.3M
Ebit10.2M(68.1M)(165.7M)63.2M56.9M59.7M
Ebitda18.3M(59.6M)(157.4M)71.9M93.6M98.3M
Income Before Tax2.2M(76.0M)(166.2M)52.0M82.7M86.8M
Net Income9.3M(74.7M)(154.4M)45.3M61.5M64.6M
Income Tax Expense(7.1M)(1.3M)(11.8M)6.7M21.1M22.2M
Cost Of Revenue373.4M427.4M501.2M2.2M2.6M2.4M
Tax Provision(7.1M)(1.3M)(11.8M)6.7M21.1M22.2M
Net Interest Income(8.0M)(8.0M)(8.8M)(11.2M)(10.9M)(11.5M)

Heritage Insurance Key Cash Accounts

202020212022202320242025 (projected)
Change In Cash163.4M(81.6M)(77.2M)185.8M(9.7M)(9.2M)
Free Cash Flow169.5M59.1M(46.6M)60.5M87.1M67.8M
Other Non Cash Items(15.6M)66.5M96.0M(459K)(1.0M)(979.5K)
Capital Expenditures755K1.0M12.4M9.9M8.2M5.1M
Net Income9.3M(74.7M)(154.4M)45.3M61.5M64.6M
End Period Cash Flow446.4M364.8M287.6M473.3M463.6M284.8M
Depreciation8.1M8.4M8.4M8.7M9.6M9.1M
Investments22.8M(126.1M)(40.4M)100.8M(91.6M)(96.2M)
Change Receivables(108.6M)39.8M70.7M(598.2M)(538.4M)(511.5M)
Net Borrowings(3.1M)(290K)(2.1M)7.1M6.4M6.1M
Dividends Paid6.9M6.7M4.8M(11K)(54K)(51.3K)
Change To Netincome4.5M10.9M55.9M82.4M94.7M99.5M

Heritage Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Heritage Insurance's current stock value. Our valuation model uses many indicators to compare Heritage Insurance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Heritage Insurance competition to find correlations between indicators driving Heritage Insurance's intrinsic value. More Info.
Heritage Insurance Hldgs is rated # 2 in return on equity category among its peers. It also is rated # 2 in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Heritage Insurance Hldgs is roughly  9.44 . At this time, Heritage Insurance's Return On Equity is most likely to slightly decrease in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value Heritage Insurance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Heritage Insurance Hldgs Systematic Risk

Heritage Insurance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Heritage Insurance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Heritage Insurance Hldgs correlated with the market. If Beta is less than 0 Heritage Insurance generally moves in the opposite direction as compared to the market. If Heritage Insurance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Heritage Insurance Hldgs is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Heritage Insurance is generally in the same direction as the market. If Beta > 1 Heritage Insurance moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Heritage Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Heritage Insurance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Heritage Insurance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, Heritage Insurance's Price Earnings To Growth Ratio is most likely to slightly decrease in the upcoming years.

Heritage Insurance March 25, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Heritage Insurance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Heritage Insurance Hldgs. We use our internally-developed statistical techniques to arrive at the intrinsic value of Heritage Insurance Hldgs based on widely used predictive technical indicators. In general, we focus on analyzing Heritage Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Heritage Insurance's daily price indicators and compare them against related drivers.

Complementary Tools for Heritage Stock analysis

When running Heritage Insurance's price analysis, check to measure Heritage Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
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