Heritage Insurance (HRTG) Stock Forecast, Price Target & Predictions
HRTG Stock Forecast
Heritage Insurance stock forecast is as follows: an average price target of $12.50 (represents a -19.41% downside from HRTG’s last price of $15.51) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
HRTG Price Target
The average price target for Heritage Insurance (HRTG) is $12.50 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $12.00. This represents a potential -19.41% downside from HRTG's last price of $15.51.
HRTG Analyst Ratings
According to 1 Wall Street analysts, Heritage Insurance's rating consensus is 'Buy'. The analyst rating breakdown for HRTG stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Heritage Insurance Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 08, 2024 | Paul Newsome | Piper Sandler | $13.00 | $8.16 | 59.31% | -16.18% |
| Aug 07, 2024 | Mark Hughes | Truist Financial | $12.00 | $7.40 | 62.16% | -22.63% |
The latest Heritage Insurance stock forecast, released on Aug 08, 2024 by Paul Newsome from Piper Sandler, set a price target of $13.00, which represents a 59.31% increase from the stock price at the time of the forecast ($8.16), and a -16.18% decrease from HRTG last price ($15.51).
Heritage Insurance Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $12.50 | $12.50 |
| Last Closing Price | $15.51 | $15.51 | $15.51 |
| Upside/Downside | -100.00% | -19.41% | -19.41% |
In the current month, the average price target of Heritage Insurance stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Heritage Insurance's last price of $15.51. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 08, 2024 | Piper Sandler | - | Overweight | Upgrade |
Heritage Insurance's last stock rating was published by Piper Sandler on Aug 08, 2024. The company Upgrade its HRTG rating from "null" to "Overweight".
Heritage Insurance Financial Forecast
Heritage Insurance Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $186.97M | $186.30M | $185.31M | $176.92M | $174.59M | $165.49M | - | $158.61M | $166.71M | $167.41M | $150.20M | $147.24M | $159.55M | $165.12M | $136.01M | $132.71M | $138.50M | $131.70M | $122.84M | $118.26M | $125.30M | $117.97M |
| Avg Forecast | $227.11M | $223.54M | $219.55M | $216.22M | $212.93M | $209.91M | $196.81M | $189.05M | $185.11M | $176.11M | $168.53M | $165.81M | $168.32M | $162.61M | $158.99M | $153.80M | $165.32M | $153.57M | $139.99M | $142.82M | $146.56M | $138.10M | $131.42M | $127.39M | $124.21M | $121.87M | $119.62M | $117.18M | $47.52M | $834.17M |
| High Forecast | $235.45M | $231.75M | $227.61M | $224.17M | $220.75M | $217.62M | $204.03M | $195.99M | $185.20M | $182.58M | $174.72M | $171.90M | $174.50M | $168.58M | $158.99M | $153.90M | $165.42M | $153.66M | $140.08M | $142.90M | $146.65M | $138.18M | $131.50M | $127.47M | $124.29M | $121.94M | $119.69M | $117.25M | $57.03M | $1.00B |
| Low Forecast | $218.77M | $215.33M | $211.48M | $208.28M | $205.11M | $202.20M | $189.58M | $182.10M | $185.01M | $169.64M | $162.34M | $159.72M | $162.14M | $156.64M | $158.99M | $153.72M | $165.22M | $153.48M | $139.91M | $142.73M | $146.48M | $138.02M | $131.35M | $127.32M | $124.14M | $121.80M | $119.55M | $117.11M | $38.02M | $667.33M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 1.06% | 1.10% | 1.07% | 1.04% | 1.02% | - | 1.03% | 1.01% | 1.09% | 1.07% | 1.03% | 1.09% | 1.20% | 1.03% | 1.04% | 1.12% | 1.08% | 1.03% | 1.01% | 2.64% | 0.14% |
Heritage Insurance's average Quarter revenue forecast for Mar 24 based on 1 analysts is $189.05M, with a low forecast of $182.10M, and a high forecast of $195.99M. HRTG's average Quarter revenue forecast represents a 1.11% increase compared to the company's last Quarter revenue of $186.97M (Dec 23).
Heritage Insurance EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| EBITDA | - | - | - | - | - | - | - | - | $1.00 | $-15.20M | $16.39M | $20.09M | $17.03M | $-48.85M | - | $-37.36M | $-40.76M | $-13.07M | $-1.97M | $-3.81M | $-3.10M | $-2.37M | $8.98M | $14.78M | $23.67M | $16.27M | $5.87M | $14.15M | $21.58M | $15.69M |
| Avg Forecast | $-9.21M | $-9.06M | $-8.90M | $-8.77M | $-8.63M | $-8.51M | $-7.98M | $-58.13M | $-7.50M | $-7.14M | $-6.83M | $-52.84M | $-6.82M | $-7.08M | $-6.45M | $-48.04M | $-6.70M | $-6.43M | $-2.56M | $-1.75M | $-5.94M | $-3.59M | $44.44M | $12.21M | $21.85M | $12.09M | $8.80M | $13.44M | $13.19M | $26.29M |
| High Forecast | $-8.87M | $-8.73M | $-8.57M | $-8.44M | $-8.32M | $-8.20M | $-7.69M | $-46.50M | $-7.50M | $-6.88M | $-6.58M | $-42.27M | $-6.57M | $-5.66M | $-6.45M | $-38.43M | $-6.70M | $-5.15M | $-2.05M | $-1.40M | $-5.94M | $-2.87M | $53.33M | $14.66M | $26.22M | $14.50M | $10.56M | $16.13M | $15.83M | $31.55M |
| Low Forecast | $-9.55M | $-9.40M | $-9.23M | $-9.09M | $-8.95M | $-8.82M | $-8.27M | $-69.75M | $-7.51M | $-7.40M | $-7.08M | $-63.41M | $-7.07M | $-8.49M | $-6.45M | $-57.65M | $-6.71M | $-7.72M | $-3.07M | $-2.10M | $-5.95M | $-4.31M | $35.55M | $9.77M | $17.48M | $9.67M | $7.04M | $10.75M | $10.55M | $21.03M |
| Surprise % | - | - | - | - | - | - | - | - | -0.00% | 2.13% | -2.40% | -0.38% | -2.50% | 6.90% | - | 0.78% | 6.08% | 2.03% | 0.77% | 2.18% | 0.52% | 0.66% | 0.20% | 1.21% | 1.08% | 1.35% | 0.67% | 1.05% | 1.64% | 0.60% |
1 analysts predict HRTG's average Quarter EBITDA for Mar 24 to be $-58.13M, with a high of $-46.50M and a low of $-69.75M. This is -5812770800.00% lower than Heritage Insurance's previous annual EBITDA (Dec 23) of $1.00.
Heritage Insurance Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| Net Income | - | - | - | - | - | - | - | - | $30.94M | $-7.42M | $41.45M | $14.01M | $12.50M | $-48.24M | - | $-30.76M | $-49.22M | $-16.41M | $-3.95M | $-5.15M | $2.81M | $-5.23M | $4.13M | $7.62M | $12.82M | $8.13M | $721.00K | $6.96M | $5.99M | $2.41M |
| Avg Forecast | $24.72M | $7.37M | $16.58M | $21.50M | $17.71M | $4.50M | $11.36M | $-47.85M | $14.02M | $-6.55M | $2.56M | $-43.50M | $-4.91M | $-8.88M | $-1.07M | $-39.55M | $3.70M | $-8.08M | $-5.13M | $-2.36M | $-10.46M | $-7.93M | $20.45M | $6.29M | $11.83M | $6.04M | $1.08M | $6.62M | $3.66M | $4.03M |
| High Forecast | $25.90M | $7.72M | $17.37M | $22.52M | $18.55M | $8.16M | $11.90M | $-38.28M | $14.69M | $-6.24M | $2.68M | $-34.80M | $-4.68M | $-7.11M | $-1.07M | $-31.64M | $3.70M | $-6.46M | $-4.11M | $-1.89M | $-10.46M | $-6.34M | $24.54M | $7.55M | $14.20M | $7.25M | $1.30M | $7.94M | $4.39M | $4.84M |
| Low Forecast | $23.54M | $7.02M | $15.79M | $20.47M | $16.86M | $844.52K | $10.82M | $-57.42M | $13.71M | $-6.86M | $2.44M | $-52.20M | $-5.15M | $-10.66M | $-1.07M | $-47.46M | $3.70M | $-9.69M | $-6.16M | $-2.83M | $-10.47M | $-9.51M | $16.36M | $5.04M | $9.47M | $4.83M | $865.20K | $5.29M | $2.93M | $3.23M |
| Surprise % | - | - | - | - | - | - | - | - | 2.21% | 1.13% | 16.20% | -0.32% | -2.54% | 5.43% | - | 0.78% | -13.29% | 2.03% | 0.77% | 2.18% | -0.27% | 0.66% | 0.20% | 1.21% | 1.08% | 1.35% | 0.67% | 1.05% | 1.64% | 0.60% |
Heritage Insurance's average Quarter net income forecast for Mar 24 is $-47.85M, with a range of $-57.42M to $-38.28M. HRTG's average Quarter net income forecast represents a -254.65% decrease compared to the company's last Quarter net income of $30.94M (Dec 23).
Heritage Insurance SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| SG&A | - | - | - | - | - | - | - | - | - | $21.91M | $20.06M | $19.05M | $15.45M | $17.76M | - | $19.72M | $13.30M | $17.17M | $15.52M | $19.80M | $21.95M | $17.92M | $19.94M | $21.72M | $22.08M | $21.48M | $18.38M | $18.60M | $25.82M | $24.42M |
| Avg Forecast | $27.74M | $27.31M | $26.82M | $26.41M | $26.01M | $25.64M | $24.04M | $30.68M | $22.61M | $21.51M | $20.59M | $27.90M | $20.56M | $9.29M | $19.42M | $25.36M | $20.19M | $8.45M | $20.18M | $9.07M | $17.90M | $27.15M | $98.72M | $17.94M | $20.38M | $15.96M | $27.58M | $17.67M | $15.78M | $40.92M |
| High Forecast | $28.76M | $28.31M | $27.80M | $27.38M | $26.97M | $26.58M | $24.92M | $36.82M | $22.62M | $22.30M | $21.34M | $33.47M | $21.32M | $11.15M | $19.42M | $30.43M | $20.21M | $10.14M | $24.21M | $10.89M | $17.91M | $32.58M | $118.46M | $21.53M | $24.46M | $19.15M | $33.09M | $21.21M | $18.93M | $49.10M |
| Low Forecast | $26.72M | $26.30M | $25.83M | $25.44M | $25.06M | $24.70M | $23.16M | $24.55M | $22.60M | $20.72M | $19.83M | $22.32M | $19.81M | $7.44M | $19.42M | $20.29M | $20.18M | $6.76M | $16.14M | $7.26M | $17.89M | $21.72M | $78.97M | $14.35M | $16.30M | $12.77M | $22.06M | $14.14M | $12.62M | $32.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 0.97% | 0.68% | 0.75% | 1.91% | - | 0.78% | 0.66% | 2.03% | 0.77% | 2.18% | 1.23% | 0.66% | 0.20% | 1.21% | 1.08% | 1.35% | 0.67% | 1.05% | 1.64% | 0.60% |
Heritage Insurance's average Quarter SG&A projection for Dec 23 is $22.61M, based on 2 Wall Street analysts, with a range of $22.60M to $22.62M. The forecast indicates a 3.20% rise compared to HRTG last annual SG&A of $21.91M (Sep 23).
Heritage Insurance EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Sep 18 | Jun 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 17 |
| EPS | - | - | - | - | - | - | - | - | $1.15 | $-0.28 | $1.62 | $0.55 | $0.49 | $-1.83 | - | $-1.15 | $-1.79 | $-0.59 | $-0.14 | $-0.19 | $0.10 | $-0.19 | $0.15 | $0.27 | $0.44 | $0.28 | $0.02 | $0.24 | $0.23 | $0.09 |
| Avg Forecast | $0.81 | $0.24 | $0.54 | $0.70 | $0.58 | $0.15 | $0.37 | $0.59 | $0.46 | $-0.21 | $0.08 | $0.11 | $-0.16 | $-0.94 | $-0.04 | $-0.43 | $0.14 | $-0.47 | $-0.19 | $-0.12 | $-0.39 | $-0.60 | $0.10 | $0.23 | $0.38 | $0.14 | $-0.03 | $0.16 | $0.06 | $1.09 |
| High Forecast | $0.84 | $0.25 | $0.57 | $0.73 | $0.60 | $0.27 | $0.39 | $0.62 | $0.48 | $-0.20 | $0.09 | $0.11 | $-0.15 | $-0.90 | $-0.04 | $-0.43 | $0.14 | $-0.47 | $-0.19 | $-0.12 | $-0.39 | $-0.60 | $0.10 | $0.23 | $0.38 | $0.14 | $-0.03 | $0.16 | $0.07 | $1.31 |
| Low Forecast | $0.77 | $0.23 | $0.51 | $0.67 | $0.55 | $0.03 | $0.35 | $0.56 | $0.45 | $-0.22 | $0.08 | $0.10 | $-0.17 | $-0.99 | $-0.04 | $-0.43 | $0.14 | $-0.47 | $-0.19 | $-0.12 | $-0.39 | $-0.60 | $0.10 | $0.23 | $0.38 | $0.14 | $-0.03 | $0.16 | $0.04 | $0.87 |
| Surprise % | - | - | - | - | - | - | - | - | 2.52% | 1.31% | 19.44% | 5.16% | -3.06% | 1.94% | - | 2.69% | -13.00% | 1.25% | 0.74% | 1.52% | -0.26% | 0.31% | 1.50% | 1.16% | 1.17% | 1.97% | -0.66% | 1.51% | 3.83% | 0.08% |
According to 1 Wall Street analysts, Heritage Insurance's projected average Quarter EPS for Mar 24 is $0.59, with a low estimate of $0.56 and a high estimate of $0.62. This represents a -48.70% decrease compared to HRTG previous annual EPS of $1.15 (Dec 23).
Heritage Insurance Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| UFCS | United Fire Group | $20.50 | $31.00 | 51.22% | Hold |
| KMPR | Kemper | $60.01 | $71.00 | 18.31% | Buy |
| HMN | Horace Mann Educators | $33.98 | $38.50 | 13.30% | Strong Buy |
| HCI | HCI Group | $100.29 | $110.00 | 9.68% | Buy |
| SIGI | Selective Insurance Group | $90.95 | $92.20 | 1.37% | Hold |
| HRTG | Heritage Insurance | $15.51 | $12.50 | -19.41% | Buy |
| UIHC | United Insurance | $7.93 | $1.90 | -76.04% | Sell |
HRTG Forecast FAQ
Is Heritage Insurance a good buy?
Yes, according to 1 Wall Street analysts, Heritage Insurance (HRTG) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of HRTG's total ratings.
What is HRTG's price target?
Heritage Insurance (HRTG) average price target is $12.5 with a range of $12 to $13, implying a -19.41% from its last price of $15.51. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Heritage Insurance stock go up soon?
According to Wall Street analysts' prediction for HRTG stock, the company can go down by -19.41% (from the last price of $15.51 to the average price target of $12.5), down by -16.18% based on the highest stock price target, and down by -22.63% based on the lowest stock price target.
Can Heritage Insurance stock reach $20?
HRTG's average twelve months analyst stock price target of $12.5 does not support the claim that Heritage Insurance can reach $20 in the near future.
What are Heritage Insurance's analysts' financial forecasts?
Heritage Insurance's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $808.69M (high $838.4M, low $778.99M), average EBITDA is $-83.249M (high $-70.701M, low $-95.797M), average net income is $-14.277M (high $341.55K, low $-28.895M), average SG&A $106.38M (high $115.3M, low $97.46M), and average EPS is $1.68 (high $1.88, low $1.49). HRTG's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $886.42M (high $918.98M, low $853.86M), average EBITDA is $-35.937M (high $-34.617M, low $-37.256M), average net income is $70.17M (high $73.52M, low $66.82M), average SG&A $108.28M (high $112.26M, low $104.31M), and average EPS is $2.29 (high $2.39, low $2.18).
Did the HRTG's actual financial results beat the analysts' financial forecasts?
Based on Heritage Insurance's last annual report (Dec 2023), the company's revenue was $735.5M, beating the average analysts forecast of $695.56M by 5.74%. Apple's EBITDA was $63.22M, missing the average prediction of $-74.32M by -185.06%. The company's net income was $167.61M, missing the average estimation of $-33.47M by -600.77%. Apple's SG&A was $77.78M, missing the average forecast of $92.61M by -16.01%. Lastly, the company's EPS was $6.38, beating the average prediction of $0.433 by 1372.27%. In terms of the last quarterly report (Dec 2023), Heritage Insurance's revenue was $186.97M, beating the average analysts' forecast of $185.11M by 1.01%. The company's EBITDA was $1, missing the average prediction of $-7.504M by -100.00%. Heritage Insurance's net income was $30.94M, beating the average estimation of $14.02M by 120.65%. The company's SG&A was $0, missing the average forecast of $22.61M by -100.00%. Lastly, the company's EPS was $1.15, beating the average prediction of $0.457 by 151.82%