HRTG Stock Summary and Trading Ideas (Heritage Insurance Hldgs | NYSE:HRTG)

Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance in various states in the United States. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally.

Heritage Insurance Hldgs trades on the NYSE stock market under the symbol HRTG.

As of January 6, 2025, HRTG stock price declined to $11.65 with 190,909 million shares trading.

HRTG has a beta of 1.81, meaning it tends to be more sensitive to market movements. HRTG has a correlation of 0.08 to the broad based SPY ETF.

HRTG has a market cap of $357.47 million. This is considered a Small Cap stock.

Last quarter Heritage Insurance Hldgs reported $199 million in Revenue and $.27 earnings per share. This fell short of revenue expectation by $-11 million and exceeded earnings estimates by $.21.

In the last 3 years, HRTG traded as high as $16.90 and as low as $1.12.

The top ETF exchange traded funds that HRTG belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.

HRTG has outperformed the market in the last year with a return of +83.5%, while the SPY ETF gained +28.7%. However, in the most recent history, HRTG shares have underperformed the stock market with its stock returning -4.4% in the last 3 month period and 0.0% for the last 2 week period, while SPY has returned +4.2% and +0.1%, respectively.

HRTG support price is $11.57 and resistance is $12.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HRTG shares will trade within this expected range on the day.