Heritage Insurance (HRTG) Stock Forecast, Price Target & Predictions

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HRTG Stock Forecast

Heritage Insurance stock forecast is as follows: an average price target of $12.50 (represents a 2.97% upside from HRTG’s last price of $12.14) 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 2.97% upside from HRTG's last price of $12.14.

HRTG Analyst Ratings

Buy

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%	7.08%
Aug 07, 2024	Mark Hughes	Truist Financial	$12.00	$7.40	62.16%	-1.15%

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 7.08% increase from HRTG last price ($12.14).

Heritage Insurance Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$12.50
Last Closing Price	$12.14	$12.14	$12.14
Upside/Downside	-100.00%	-100.00%	2.97%

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 $12.14. This month's average price target is down NaN% 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$186.97M	$186.30M	$185.31M	$176.92M	$174.59M	$165.49M	$163.77M	$158.61M	$166.71M	$167.41M	$150.20M	$147.24M	$159.55M	$165.12M	$136.01M	$132.71M	$138.50M	$131.70M
Avg Forecast	$239.89M	$235.15M	$229.83M	$224.19M	$223.18M	$220.17M	$217.26M	$214.88M	$208.37M	$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
High Forecast	$243.98M	$239.16M	$233.75M	$228.01M	$226.98M	$223.92M	$220.96M	$217.51M	$213.98M	$213.49M	$196.81M	$189.05M	$185.20M	$179.11M	$171.40M	$168.64M	$171.19M	$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
Low Forecast	$235.80M	$231.15M	$225.91M	$220.37M	$219.37M	$216.42M	$213.56M	$212.25M	$202.75M	$206.34M	$196.81M	$189.05M	$185.01M	$173.11M	$165.66M	$162.99M	$165.45M	$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
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	5	5	9	6	4	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.06%	1.10%	1.07%	1.04%	1.02%	1.03%	1.03%	1.01%	1.09%	1.07%	1.03%	1.09%	1.20%	1.03%	1.04%	1.12%	1.08%

Heritage Insurance's average Quarter revenue forecast for Mar 24 based on 1 analysts is $189.05M, with a low forecast of $189.05M, and a high forecast of $189.05M. 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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	5	5	9	6	4	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$1.00	$-15.20M	$16.39M	$20.09M	$17.03M	$-48.85M	$-83.50M	$-37.36M	$-40.76M	$-13.07M	$-1.97M	$-3.81M	$-3.10M	$-2.37M	$8.98M	$14.78M	$23.67M	$16.27M
Avg Forecast	$-4.13M	$-4.05M	$-3.96M	$-3.86M	$-3.84M	$-3.79M	$-3.74M	$-3.70M	$-3.59M	$-3.61M	$-3.39M	$-58.13M	$-3.19M	$-3.03M	$-2.90M	$-52.84M	$27.64M	$-6.59M	$-6.45M	$-48.04M	$-6.70M	$-6.23M	$-5.68M	$-1.75M	$-5.94M	$-5.60M	$-5.33M	$12.21M	$-5.04M	$-4.94M
High Forecast	$-4.06M	$-3.98M	$-3.89M	$-3.79M	$-3.78M	$-3.73M	$-3.68M	$-3.65M	$-3.49M	$-3.55M	$-3.39M	$-46.50M	$-3.19M	$-2.98M	$-2.85M	$-42.27M	$33.17M	$-6.59M	$-6.45M	$-38.43M	$-6.70M	$-6.23M	$-5.68M	$-1.40M	$-5.94M	$-5.60M	$-5.33M	$14.66M	$-5.04M	$-4.94M
Low Forecast	$-4.20M	$-4.12M	$-4.02M	$-3.93M	$-3.91M	$-3.86M	$-3.80M	$-3.75M	$-3.68M	$-3.68M	$-3.39M	$-69.75M	$-3.19M	$-3.08M	$-2.95M	$-63.41M	$22.12M	$-6.59M	$-6.45M	$-57.65M	$-6.70M	$-6.23M	$-5.68M	$-2.10M	$-5.94M	$-5.60M	$-5.33M	$9.77M	$-5.04M	$-4.94M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-0.00%	5.01%	-5.65%	-0.38%	0.62%	7.41%	12.95%	0.78%	6.08%	2.10%	0.35%	2.18%	0.52%	0.42%	-1.69%	1.21%	-4.70%	-3.29%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	5	5	9	6	4	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$30.94M	$-7.42M	$41.45M	$14.01M	$12.50M	$-48.24M	$-87.87M	$-30.76M	$-49.22M	$-16.41M	$-3.95M	$-5.15M	$2.81M	$-5.23M	$4.13M	$7.62M	$12.82M	$8.13M
Avg Forecast	$26.65M	$2.76M	$16.85M	$27.57M	$22.67M	$1.68M	$20.83M	$21.44M	$-1.94M	$1.84M	$11.33M	$-47.85M	$13.99M	$-6.53M	$2.55M	$-43.50M	$14.97M	$-28.94M	$-1.08M	$-39.55M	$4.23M	$-14.55M	$-5.80M	$-2.36M	$-11.95M	$-18.56M	$3.07M	$6.29M	$11.58M	$4.36M
High Forecast	$27.24M	$2.82M	$17.22M	$28.18M	$23.17M	$1.72M	$21.29M	$21.75M	$1.66M	$1.88M	$11.58M	$-38.28M	$14.30M	$-6.39M	$2.61M	$-34.80M	$17.96M	$-28.94M	$-1.08M	$-31.64M	$4.23M	$-14.55M	$-5.80M	$-1.89M	$-11.95M	$-18.56M	$3.07M	$7.55M	$11.58M	$4.36M
Low Forecast	$26.06M	$2.70M	$16.47M	$26.96M	$22.16M	$1.65M	$20.37M	$21.13M	$-5.54M	$1.80M	$11.08M	$-57.42M	$13.68M	$-6.68M	$2.50M	$-52.20M	$11.97M	$-28.94M	$-1.08M	$-47.46M	$4.23M	$-14.55M	$-5.80M	$-2.83M	$-11.95M	$-18.56M	$3.07M	$5.04M	$11.58M	$4.36M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.21%	1.14%	16.24%	-0.32%	0.84%	1.67%	81.20%	0.78%	-11.64%	1.13%	0.68%	2.18%	-0.23%	0.28%	1.35%	1.21%	1.11%	1.87%

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 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	5	5	9	6	4	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.91M	$20.06M	$19.05M	$15.45M	$17.76M	$17.47M	$19.72M	$13.30M	$17.17M	$15.52M	$19.80M	$21.95M	$17.92M	$19.94M	$21.72M	$22.08M	$21.48M
Avg Forecast	$29.32M	$28.74M	$28.09M	$27.40M	$27.28M	$26.91M	$26.55M	$26.26M	$25.47M	$25.66M	$24.05M	$30.68M	$22.62M	$21.52M	$20.60M	$27.90M	$25.78M	$19.86M	$19.42M	$25.36M	$20.19M	$18.76M	$17.10M	$9.07M	$17.90M	$16.87M	$16.05M	$17.94M	$15.17M	$14.89M
High Forecast	$29.82M	$29.23M	$28.57M	$27.87M	$27.74M	$27.37M	$27.01M	$26.58M	$26.15M	$26.09M	$24.05M	$36.82M	$22.64M	$21.89M	$20.95M	$33.47M	$30.94M	$19.86M	$19.42M	$30.43M	$20.19M	$18.76M	$17.10M	$10.89M	$17.90M	$16.87M	$16.05M	$21.53M	$15.17M	$14.89M
Low Forecast	$28.82M	$28.25M	$27.61M	$26.93M	$26.81M	$26.45M	$26.10M	$25.94M	$24.78M	$25.22M	$24.05M	$24.55M	$22.61M	$21.16M	$20.25M	$22.32M	$20.63M	$19.86M	$19.42M	$20.29M	$20.19M	$18.76M	$17.10M	$7.26M	$17.90M	$16.87M	$16.05M	$14.35M	$15.17M	$14.89M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.02%	0.97%	0.68%	0.60%	0.89%	0.90%	0.78%	0.66%	0.92%	0.91%	2.18%	1.23%	1.06%	1.24%	1.21%	1.46%	1.44%

Heritage Insurance's average Quarter SG&A projection for Dec 23 is $22.62M, based on 2 Wall Street analysts, with a range of $22.61M to $22.64M. The forecast indicates a 3.25% rise compared to HRTG last annual SG&A of $21.91M (Sep 23).

Heritage Insurance EPS Forecast

	Dec 26	Sep 26	Jun 26	Mar 26	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	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	5	5	9	6	4	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$1.15	$-0.28	$1.62	$0.55	$0.49	$-1.83	$-3.32	$-1.15	$-1.79	$-0.59	$-0.14	$-0.19	$0.10	$-0.19	$0.15	$0.27	$0.44	$0.28
Avg Forecast	$0.87	$0.09	$0.55	$0.90	$0.74	$0.06	$0.68	$0.70	$-0.06	$0.06	$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
High Forecast	$0.89	$0.09	$0.56	$0.92	$0.76	$0.06	$0.70	$0.71	$0.05	$0.06	$0.38	$0.60	$0.47	$-0.21	$0.09	$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
Low Forecast	$0.85	$0.09	$0.54	$0.88	$0.72	$0.05	$0.66	$0.69	$-0.18	$0.06	$0.36	$0.58	$0.45	$-0.22	$0.08	$0.10	$-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
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	2.52%	1.31%	19.44%	5.16%	-3.06%	1.94%	94.22%	2.69%	-13.00%	1.25%	0.74%	1.52%	-0.26%	0.31%	1.50%	1.16%	1.17%	1.97%

According to 1 Wall Street analysts, Heritage Insurance's projected average Quarter EPS for Mar 24 is $0.59, with a low estimate of $0.58 and a high estimate of $0.60. 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
HCI	HCI Group	$112.25	$137.00	22.05%	Buy
KMPR	Kemper	$66.14	$77.50	17.18%	Buy
HRTG	Heritage Insurance	$12.14	$12.50	2.97%	Buy
SIGI	Selective Insurance Group	$95.30	$97.75	2.57%	Buy
HMN	Horace Mann Educators	$40.39	$38.50	-4.68%	Strong Buy
UFCS	United Fire Group	$30.91	$26.00	-15.88%	Hold

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 2.97% from its last price of $12.14. 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 up by 2.97% (from the last price of $12.14 to the average price target of $12.5), up by 7.08% based on the highest stock price target, and down by -1.15% 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 2025) are as follows: average revenue is $875.48M (high $889.37M, low $861.59M), average EBITDA is $-15.075M (high $-14.836M, low $-15.314M), average net income is $66.62M (high $67.93M, low $65.31M), average SG&A $107M (high $108.7M, low $105.31M), and average EPS is $2.17 (high $2.22, low $2.13). HRTG's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $929.06M (high $944.89M, low $913.23M), average EBITDA is $-15.998M (high $-15.725M, low $-16.27M), average net income is $73.82M (high $75.45M, low $72.18M), average SG&A $113.55M (high $115.49M, low $111.62M), and average EPS is $2.41 (high $2.46, low $2.36).

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 $-61.965M by -202.02%. The company's net income was $167.61M, missing the average estimation of $-33.496M by -600.39%. Apple's SG&A was $77.78M, missing the average forecast of $92.64M by -16.05%. 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 $-3.187M by -100.00%. Heritage Insurance's net income was $30.94M, beating the average estimation of $13.99M by 121.22%. The company's SG&A was $0, missing the average forecast of $22.62M by -100.00%. Lastly, the company's EPS was $1.15, beating the average prediction of $0.457 by 151.82%