Heritage Insurance (HRTG)

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Are You Looking for a Top Momentum Pick? Why Heritage Insurance (HRTG) is a Great Choice
ZACKS· 2024-08-12 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...
Are Investors Undervaluing Heritage Insurance (HRTG) Right Now?
ZACKS· 2024-08-12 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...
Heritage Insurance (HRTG) - 2024 Q2 - Quarterly Report
2024-08-08 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 ________________________________________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 per share HRTG New York Stock Exchange Form 10-Q ________________________________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT ...
Heritage Insurance (HRTG) - 2024 Q2 - Earnings Call Transcript
2024-08-07 17:47
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Kirk Lusk - Chief Financial Officer Ernie Garateix - Chief Executive Officer Conference Call Participants Paul Newsome - Piper Sandler Mark Hughes - Truist Karol Chmiel - JMP Securities Operator Good morning and welcome to the Heritage Insurance Holdings' Second Quarter 2024 Earnings Call. [Operator Instructions]. Please note today's event is being recorded. I would now like to turn ...
Heritage Insurance (HRTG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-08-07 00:31
For the quarter ended June 2024, Heritage Insurance (HRTG) reported revenue of $203.57 million, up 9.9% over the same period last year. EPS came in at $0.61, compared to $0.32 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $196.81 million, representing a surprise of +3.44%. The company delivered an EPS surprise of +60.53%, with the consensus EPS estimate being $0.38. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...
Heritage Insurance (HRTG) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-08-07 00:01
Heritage Insurance (HRTG) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 60.53%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $0.61 per share when it actually produced earnings of $0.47, delivering a surprise of -22. ...
Heritage Insurance (HRTG) - 2024 Q2 - Quarterly Results
2024-08-06 20:13
Exhibit 99.1 Heritage Reports Second Quarter 2024 Results Tampa, FL – August 6, 2024: Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights • Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter. • Gross premiums earned of $350.1 ...
Heritage Reports Second Quarter 2024 Results
Prnewswire· 2024-08-06 20:07
TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter. Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prio ...
Heritage Announces Second Quarter 2024 Earnings Dates
Prnewswire· 2024-07-18 20:07
TAMPA, Fla., July 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024, followed by a 9:00 am ET conference call and webcast on Wednesday, August 7, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Telephone participants should ask to be joined into the Her ...
Heritage Insurance Rejoins Russell 3000® Index
Prnewswire· 2024-07-16 20:07
The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attribute ...