Heritage Insurance Inc. (HRTG)
Heritage Insurance Statistics
Share Statistics
Heritage Insurance has 30.61M shares outstanding. The number of shares has increased by -0.09% in one year.
| Shares Outstanding | 30.61M |
| Shares Change (YoY) | -0.09% |
| Shares Change (QoQ) | -0.25% |
| Owned by Institutions (%) | 55.12% |
| Shares Floating | 22.19M |
| Failed to Deliver (FTD) Shares | 2K |
| FTD / Avg. Volume | 0.88% |
Short Selling Information
The latest short interest is 705.45K, so 2.3% of the outstanding shares have been sold short.
| Short Interest | 705.45K |
| Short % of Shares Out | 2.3% |
| Short % of Float | 3.12% |
| Short Ratio (days to cover) | 3.2 |
Valuation Ratios
The PE ratio is 6.02 and the forward PE ratio is 6.31. Heritage Insurance's PEG ratio is 0.37.
| PE Ratio | 6.02 |
| Forward PE | 6.31 |
| PS Ratio | 0.45 |
| Forward PS | 0.6 |
| PB Ratio | 1.27 |
| P/FCF Ratio | 4.25 |
| PEG Ratio | 0.37 |
Enterprise Valuation
Heritage Insurance has an Enterprise Value (EV) of 58.87M.
| EV / Sales | 0.07 |
| EV / EBITDA | 0.57 |
| EV / EBIT | 0.68 |
| EV / FCF | 0.68 |
Financial Position
The company has a current ratio of 655.79, with a Debt / Equity ratio of 0.49.
| Current Ratio | 655.79 |
| Quick Ratio | 655.79 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 1.37 |
| Debt / FCF | 1.62 |
| Interest Coverage | 8.56 |
Financial Efficiency
Return on Equity is 21.16% and Return on Invested Capital is 10.51%.
| Return on Equity | 21.16% |
| Return on Assets | 2.49% |
| Return on Invested Capital | 10.51% |
| Revenue Per Employee | $1.51M |
| Profits Per Employee | $113.96K |
| Employee Count | 540 |
| Asset Turnover | 0.33 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 21.14M |
| Effective Tax Rate | 25.56% |
Stock Price Statistics
The stock price has increased by 102.91% in the last 52 weeks. The beta is 0.94, so Heritage Insurance's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 102.91% |
| 50-Day Moving Average | 13.23 |
| 200-Day Moving Average | 11.96 |
| Relative Strength Index (RSI) | 75.47 |
| Average Volume (20 Days) | 226.46K |
Income Statement
In the last 12 months, Heritage Insurance had revenue of 816.99M and earned 61.54M in profits. Earnings per share was 2.01.
| Revenue | 816.99M |
| Gross Profit | 816.99M |
| Operating Income | 93.61M |
| Net Income | 61.54M |
| EBITDA | 103.16M |
| EBIT | 93.61M |
| Earnings Per Share (EPS) | 2.01 |
Balance Sheet
The company has 452.67M in cash and 141.34M in debt, giving a net cash position of 311.33M.
| Cash & Cash Equivalents | 452.67M |
| Total Debt | 141.34M |
| Net Cash | 311.33M |
| Retained Earnings | 87.66M |
| Total Assets | 2.47B |
| Working Capital | 553.95M |
Cash Flow
In the last 12 months, operating cash flow was 87.09M and capital expenditures 0, giving a free cash flow of 87.09M.
| Operating Cash Flow | 87.09M |
| Capital Expenditures | 0 |
| Free Cash Flow | 87.09M |
| FCF Per Share | 2.85 |
Margins
Gross margin is 100%, with operating and profit margins of 11.46% and 7.53%.
| Gross Margin | 100% |
| Operating Margin | 11.46% |
| Pretax Margin | 10.12% |
| Profit Margin | 7.53% |
| EBITDA Margin | 12.63% |
| EBIT Margin | 11.46% |
| FCF Margin | 10.66% |
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 | 14.93% |
| Earnings Yield | 16.62% |
| FCF Yield | 23.53% |
Analyst Forecast
The average price target for HRTG is $12.5, which is -33.5% lower than the current price. The consensus rating is "Buy".
| Price Target | $12.5 |
| Price Target Difference | -33.5% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 0.9 |
| Piotroski F-Score | 8 |