Heritage Insurance Inc. (HRTG)
Heritage Insurance Statistics
Share Statistics
Heritage Insurance has 30.68M shares outstanding. The number of shares has increased by 1.54% in one year.
| Shares Outstanding | 30.68M |
| Shares Change (YoY) | 1.54% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 52.79% |
| Shares Floating | 22.66M |
| Failed to Deliver (FTD) Shares | 500 |
| FTD / Avg. Volume | 0.29% |
Short Selling Information
The latest short interest is 746.56K, so 2.43% of the outstanding shares have been sold short.
| Short Interest | 746.56K |
| Short % of Shares Out | 2.43% |
| Short % of Float | 3.3% |
| Short Ratio (days to cover) | 3.89 |
Valuation Ratios
The PE ratio is 3.77 and the forward PE ratio is 5.35. Heritage Insurance's PEG ratio is -0.03.
| PE Ratio | 3.77 |
| Forward PE | 5.35 |
| PS Ratio | 0.23 |
| Forward PS | 0.4 |
| PB Ratio | 0.78 |
| P/FCF Ratio | 2.82 |
| PEG Ratio | -0.03 |
Enterprise Valuation
Heritage Insurance Inc. has an Enterprise Value (EV) of -154.37M.
| EV / Earnings | -3.41 |
| EV / Sales | -0.21 |
| EV / EBITDA | -2.15 |
| EV / EBIT | -2.44 |
| EV / FCF | -2.55 |
Financial Position
The company has a current ratio of 19.25, with a Debt / Equity ratio of 0.67.
| Current Ratio | 19.25 |
| Quick Ratio | 19.25 |
| Debt / Equity | 0.67 |
| Total Debt / Capitalization | 40.22 |
| Cash Flow / Debt | 0.48 |
| Interest Coverage | 5.64 |
Financial Efficiency
Return on equity (ROE) is 0.21% and return on capital (ROIC) is 14.95%.
| Return on Equity (ROE) | 0.21% |
| Return on Assets (ROA) | 0.02% |
| Return on Capital (ROIC) | 14.95% |
| Revenue Per Employee | $1,299,466.43 |
| Profits Per Employee | $80,047.7 |
| Employee Count | 566 |
| Asset Turnover | 0.34 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 6.7M |
| Effective Tax Rate | 0.13 |
Stock Price Statistics
The stock price has increased by 71.99% in the last 52 weeks. The beta is 1, so Heritage Insurance's price volatility has been higher than the market average.
| Beta | 1 |
| 52-Week Price Change | 71.99% |
| 50-Day Moving Average | 11.6 |
| 200-Day Moving Average | 10.99 |
| Relative Strength Index (RSI) | 50.67 |
| Average Volume (20 Days) | 174.97K |
Income Statement
In the last 12 months, Heritage Insurance had revenue of 735.5M and earned 45.31M in profits. Earnings per share was 1.73.
| Revenue | 735.5M |
| Gross Profit | 735.5M |
| Operating Income | 63.22M |
| Net Income | 45.31M |
| EBITDA | 71.9M |
| EBIT | 63.22M |
| Earnings Per Share (EPS) | 1.73 |
Balance Sheet
The company has 463.64M in cash and 148.19M in debt, giving a net cash position of 315.45M.
| Cash & Cash Equivalents | 463.64M |
| Total Debt | 148.19M |
| Net Cash | 315.45M |
| Retained Earnings | 26.12M |
| Total Assets | 2.37B |
| Working Capital | 217.85M |
Cash Flow
In the last 12 months, operating cash flow was 70.42M and capital expenditures -9.89M, giving a free cash flow of 60.52M.
| Operating Cash Flow | 70.42M |
| Capital Expenditures | -9.89M |
| Free Cash Flow | 60.52M |
| FCF Per Share | 2.31 |
Margins
Gross margin is 100%, with operating and profit margins of 8.59% and 6.16%.
| Gross Margin | 100% |
| Operating Margin | 8.59% |
| Pretax Margin | 7.07% |
| Profit Margin | 6.16% |
| EBITDA Margin | 9.78% |
| EBIT Margin | 8.59% |
| FCF Margin | 8.23% |
Dividends & Yields
HRTG pays an annual dividend of $0.3, which amounts to a dividend yield of 6.76%.
| Dividend Per Share | $0.30 |
| Dividend Yield | 6.76% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 11.86% |
| Earnings Yield | 14.75% |
| FCF Yield | 16.82% |
Analyst Forecast
The average price target for HRTG is $12.5, which is 6.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $12.5 |
| Price Target Difference | 6.6% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 0.71 |
| Piotroski F-Score | 5 |