Heritage Insurance (NYSE:HRTG – Get Free Report) will release its earnings data after the market closes on Wednesday, May 1st. Analysts expect Heritage Insurance to post earnings of $0.61 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.
Heritage Insurance (NYSE:HRTG – Get Free Report) last announced its quarterly earnings data on Monday, March 11th. The insurance provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.45 by $0.70. The company had revenue of $186.97 million for the quarter, compared to the consensus estimate of $185.11 million. Heritage Insurance had a return on equity of 26.69% and a net margin of 6.16%. On average, analysts expect Heritage Insurance to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Heritage Insurance Stock Up 7.4 %
Shares of NYSE:HRTG opened at $10.20 on Wednesday. The business’s 50-day moving average is $8.67 and its 200-day moving average is $7.38. Heritage Insurance has a 1 year low of $3.15 and a 1 year high of $11.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market capitalization of $308.24 million, a price-to-earnings ratio of 5.93 and a beta of 0.90.
Wall Street Analysts Forecast Growth
Read Our Latest Report on HRTG
Insider Transactions at Heritage Insurance
In related news, Director Paul L. Whiting acquired 20,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was purchased at an average cost of $8.14 per share, with a total value of $162,800.00. Following the completion of the purchase, the director now directly owns 20,000 shares in the company, valued at approximately $162,800. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 3,800 shares of company stock valued at $28,943 over the last ninety days. 11.90% of the stock is currently owned by insiders.
About Heritage Insurance
Heritage Insurance Holdings, Inc, through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance.
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