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3 Under-$10 Stocks Set for Monumental Gains by 2026
investorplace.com· 2024-05-25 13:00
These three stocks, all under $10, have a good chance of making enormous profits by 2026. Every business has unique advantages and strategic plans that set them up for substantial value growth. Heritage (HRTG) The average premium for each insurance has increased due to Heritage's (NYSE:HRTG) deliberate focus on attaining rate adequacy and underwriting discipline. Compared to Q1 2023, this method increased net premiums generated by 8.1% in Q1 2024. Further, considerable rating measures implemented by the com ...
Heritage Insurance Holdings, Inc. Announces Approved 3.3% Rate Decrease for Property and Casualty Insurance in Florida
prnewswire.com· 2024-05-22 20:07
"Our commitment to providing Florida with affordable and reliable insurance solutions remains steadfast," said Ernie Garateix, Chief Executive Officer of Heritage Insurance. "The approved rate decrease is a testament to our efforts in effective risk management and strategic underwriting practices, as well as the favorable impact of legislative changes made in the 2022 special session of the Florida legislature. We are dedicated to offering our customers essential homeowners insurance while maintaining the h ...
Heritage Insurance (HRTG) - 2024 Q1 - Quarterly Report
2024-05-08 20:06
Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. (Exact name of Registrant as specified in its charter) (State of Incorporation) (IRS Employer Delaware 45-5338504 Identification No.) ...
Heritage Insurance (HRTG) - 2024 Q1 - Earnings Call Transcript
2024-05-05 16:45
Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q1 2024 Results Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Kirk Lusk - Chief Financial Officer Ernie Garateix - Chief Executive Officer Conference Call Participants Maxwell Fritscher - Truist Securities Mark Hughes - Truist Securities Operator Good morning and welcome to the Heritage Insurance Holdings' First Quarter 2024 Earnings Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will condu ...
Heritage Insurance (HRTG) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-02 01:31
Heritage Insurance (HRTG) reported $191.3 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.1%. EPS of $0.47 for the same period compares to $0.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $189.05 million, representing a surprise of +1.19%. The company delivered an EPS surprise of -22.95%, with the consensus EPS estimate being $0.61.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...
Heritage Insurance (HRTG) - 2024 Q1 - Quarterly Results
2024-05-02 01:15
Exhibit 99.1 Heritage Reports First Quarter 2024 Results Tampa, FL – May 1, 2024: Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights "I'm pleased to see the momentum of our efforts to respond to market conditions continues to produce our intended results," remarked Ernie Garateix, CEO at Heritage. "Our average premium has in ...
Heritage Insurance (HRTG) Q1 Earnings Miss Estimates
Zacks Investment Research· 2024-05-01 22:36
Heritage Insurance (HRTG) came out with quarterly earnings of $0.47 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.95%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $0.45 per share when it actually produced earnings of $1.15, delivering a surprise of 155. ...
Heritage Announces Full Placement of 2024-2025 CAT XOL Reinsurance Program
Prnewswire· 2024-04-29 20:07
TAMPA, Fla., April 29, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company announced today that it fully placed its 2024-2025 indemnity based, catastrophe excess-of-loss reinsurance program for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company. "We are delighted to announce the successful completion of our 202 ...
Heritage Insurance (HRTG) to Post Q1 Earnings: What's in Store?
Zacks Investment Research· 2024-04-29 18:46
Heritage Insurance Holdings Inc. (HRTG) is slated to report first-quarter 2024 earnings on May 1, after market close. The company delivered an earnings surprise in each of the last four reported quarters.Factors at PlayHeritage Insurance’s first-quarter results are likely to benefit from disciplined underwriting, diversification business, rate adequacy and a solid reinsurance program. Focus on geographies where rate adequacy aligns with underwriting standards and product design is likely to have added to th ...
Heritage Announces First Quarter 2024 Earnings Dates
Prnewswire· 2024-04-18 20:30
TAMPA, Fla., April 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024, followed by a 9:00 am ET conference call and webcast on Thursday, May 2, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone part ...