Heritage Insurance Holdings Inc (NYSE:HRTG) declared a dividend on Thursday, October 31st, Fidelity reports. Stockholders of record on Monday, December 16th will be given a dividend of 0.06 per share by the insurance provider on Friday, January 3rd. The ex-dividend date of this dividend is Friday, December 13th.
HRTG traded down $0.09 during mid-day trading on Wednesday, hitting $13.27. The stock had a trading volume of 150,121 shares, compared to its average volume of 147,907. The stock’s fifty day simple moving average is $13.92 and its 200-day simple moving average is $14.46. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.70 and a quick ratio of 0.70. The firm has a market capitalization of $390.09 million, a price-to-earnings ratio of 9.62 and a beta of 0.72. Heritage Insurance has a 1-year low of $12.88 and a 1-year high of $16.38.
Heritage Insurance (NYSE:HRTG) last posted its earnings results on Thursday, October 31st. The insurance provider reported $0.28 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.14. The company had revenue of $131.70 million for the quarter, compared to analyst estimates of $120.96 million. Heritage Insurance had a net margin of 3.97% and a return on equity of 6.39%. As a group, research analysts expect that Heritage Insurance will post 0.83 earnings per share for the current fiscal year.
In other news, CEO Bruce Lucas sold 75,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $14.37, for a total transaction of $1,077,750.00. Following the completion of the sale, the chief executive officer now owns 801,859 shares in the company, valued at approximately $11,522,713.83. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 12.00% of the company’s stock.
About Heritage Insurance
Heritage Insurance Holdings, Inc, through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners; rental property insurance; and commercial residential insurance in Alabama, Connecticut, Florida, Georgia, Hawaii, Massachusetts, New York, New Jersey, North Carolina, Rhode Island, and South Carolina, as well as residential wind-only property insurance.
Recommended Story: What are the advantages of the Stochastic Momentum Index?
Receive News & Ratings for Heritage Insurance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Insurance and related companies with MarketBeat.com's FREE daily email newsletter.