Instrumental Wealth LLC grew its holdings in shares of Heritage Insurance Holdings, Inc. (NYSE: HRTG) by 116.1% during the undefined quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,060 shares of the insurance provider's stock after acquiring an additional 32,269 shares during the quarter. Heritage
Heritage Insurance Holdings, Inc. (NYSE: HRTG - Get Free Report) CEO Ernie Garateix sold 8,334 shares of the company's stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $26.03, for a total value of $216,934.02. Following the transaction, the chief executive officer directly owned 1,128,504 shares of the
Heritage Insurance Holdings is reiterated as a buy with a $35 price target, reflecting confidence in continued earnings outperformance. HRTG delivered a stellar 9-month combined ratio of 76.8%, driven by a quiet storm season and improved costs. Q4 looks set to beat consensus again. EPS for 2025 is estimated at $5.63, a 7% beat over consensus, with valuation at just 6x forward earnings—well below peers.
Does Heritage Insurance (HRTG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Heritage Insurance Holdings, Inc. (NYSE: HRTG - Get Free Report) CEO Ernie Garateix sold 8,334 shares of the stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $29.48, for a total transaction of $245,686.32. Following the completion of the sale, the chief executive officer directly owned 1,136,838 shares
High bond yields and disciplined underwriting are set to boost the earnings power of MCY, HRTG and RNR in 2026.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Heritage Insurance has executed a successful turnaround, reflected in robust earnings, strong ROE, and disciplined underwriting. HRTG trades at a significant valuation discount despite 41.6% ROE and 98.6% EPS growth, presenting substantial upside potential. Forward P/E scenarios indicate price targets of $40.56 (8x) and $48.17 (9.5x), both well above current levels.
Heritage Insurance Holdings, Inc. (NYSE: HRTG - Get Free Report) CEO Ernie Garateix sold 6,291 shares of Heritage Insurance stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $28.42, for a total value of $178,790.22. Following the sale, the chief executive officer directly owned 1,187,515 shares
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.