Heritage Insurance Hldgs Stock Revenue
| HRTG Stock | USD 12.32 0.53 4.50% |
Heritage Insurance Hldgs fundamentals help investors to digest information that contributes to Heritage Insurance's financial success or failures. It also enables traders to predict the movement of Heritage Stock. The fundamental analysis module provides a way to measure Heritage Insurance's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Heritage Insurance stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 735.5 M | 476 M |
Heritage | Revenue |
Heritage Insurance Hldgs Company Revenue Analysis
Heritage Insurance's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Heritage Insurance Revenue | 735.5 M |
Most of Heritage Insurance's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Heritage Insurance Hldgs is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Heritage
Projected quarterly revenue analysis of Heritage Insurance Hldgs provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Heritage Insurance match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Heritage Insurance's stock price.
Heritage Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Heritage Insurance is extremely important. It helps to project a fair market value of Heritage Stock properly, considering its historical fundamentals such as Revenue. Since Heritage Insurance's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Heritage Insurance's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Heritage Insurance's interrelated accounts and indicators.
| -0.57 | -0.09 | 0.19 | -0.65 | -0.07 | ||
| -0.57 | 0.6 | -0.62 | 0.95 | 0.39 | ||
| -0.09 | 0.6 | -0.54 | 0.43 | 0.13 | ||
| 0.19 | -0.62 | -0.54 | -0.55 | 0.08 | ||
| -0.65 | 0.95 | 0.43 | -0.55 | 0.36 | ||
| -0.07 | 0.39 | 0.13 | 0.08 | 0.36 |
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Heritage Revenue Historical Pattern
Today, most investors in Heritage Insurance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Heritage Insurance's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Heritage Insurance revenue as a starting point in their analysis.
Heritage Insurance Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Heritage Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Heritage Insurance Hldgs reported 735.5 M of revenue. This is 93.44% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The revenue for all United States stocks is 92.2% higher than that of the company.
Heritage Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heritage Insurance's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Heritage Insurance could also be used in its relative valuation, which is a method of valuing Heritage Insurance by comparing valuation metrics of similar companies.Heritage Insurance is currently under evaluation in revenue category among its peers.
Heritage Insurance Current Valuation Drivers
We derive many important indicators used in calculating different scores of Heritage Insurance from analyzing Heritage Insurance's financial statements. These drivers represent accounts that assess Heritage Insurance's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Heritage Insurance's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 387.1M | 283.4M | 163.5M | 47.4M | 170.8M | 162.2M | |
| Enterprise Value | 248.0M | (36.5M) | (43.9M) | (63.3M) | (144.7M) | (137.4M) |
Heritage Insurance ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Heritage Insurance's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Heritage Insurance's managers, analysts, and investors.Environmental | Governance | Social |
Heritage Insurance Institutional Holders
Institutional Holdings refers to the ownership stake in Heritage Insurance that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Heritage Insurance's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Heritage Insurance's value.| Shares | Millennium Management Llc | 2024-09-30 | 370.7 K | Bridgeway Capital Management, Llc | 2024-09-30 | 364.1 K | Aqr Capital Management Llc | 2024-09-30 | 313.5 K | Two Sigma Investments Llc | 2024-09-30 | 296.1 K | Ameriprise Financial Inc | 2024-09-30 | 263.4 K | Citadel Advisors Llc | 2024-09-30 | 262.1 K | Two Sigma Advisers, Llc | 2024-09-30 | 250.9 K | Assenagon Asset Management Sa | 2024-09-30 | 235 K | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 232 K | Blackrock Inc | 2024-06-30 | 1.8 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.4 M |
Heritage Fundamentals
| Return On Equity | 0.34 | |||
| Return On Asset | 0.0259 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 5.77 M | |||
| Shares Outstanding | 30.68 M | |||
| Shares Owned By Insiders | 26.83 % | |||
| Shares Owned By Institutions | 54.63 % | |||
| Number Of Shares Shorted | 856.78 K | |||
| Price To Earning | 5.09 X | |||
| Price To Book | 1.33 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 735.5 M | |||
| Gross Profit | 4.99 M | |||
| EBITDA | 71.9 M | |||
| Net Income | 45.31 M | |||
| Cash And Equivalents | 290.93 M | |||
| Cash Per Share | 11.26 X | |||
| Total Debt | 148.19 M | |||
| Debt To Equity | 0.84 % | |||
| Current Ratio | 0.68 X | |||
| Book Value Per Share | 9.59 X | |||
| Cash Flow From Operations | 70.42 M | |||
| Short Ratio | 1.95 X | |||
| Earnings Per Share | 2.53 X | |||
| Target Price | 16.0 | |||
| Number Of Employees | 566 | |||
| Beta | 0.99 | |||
| Market Capitalization | 361.77 M | |||
| Total Asset | 2.15 B | |||
| Retained Earnings | 26.12 M | |||
| Five Year Return | 2.79 % | |||
| Net Asset | 2.15 B |
About Heritage Insurance Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heritage Insurance Hldgs's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heritage Insurance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Heritage Insurance Hldgs based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:Check out Heritage Insurance Piotroski F Score and Heritage Insurance Altman Z Score analysis. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.033 | Earnings Share 2.53 | Revenue Per Share 26.755 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0259 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.