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

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HRTG Stock Forecast

Heritage Insurance (HRTG) stock forecast, based on 1 Wall Street analysts, predicts a 12-month average price target of $12.50, with a high of $13.00 and a low of $12.00. This represents a 9.94% increase from the last price of $11.37.

$6 $8 $10 $12 $14 $16 $17 High: $13 Avg: $12.5 Low: $12 Last Closed Price: $11.37

HRTG Stock Rating

Heritage Insurance stock's rating consensus is Buy, based on 1 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 1 0 1 Strong Sell Sell Hold Buy Strong Buy

HRTG Forecast vs Benchmarks

TypeNameUpside
StockHeritage Insurance9.94%
SectorFinancial Services Stocks 2.38%
IndustryProperty & Casualty Insurance Stocks9.02%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$12.50
Last Closing Price$11.37$11.37$11.37
Upside/Downside--9.94%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25111--3
Dec, 24111--3
Nov, 24141--6
Oct, 24141--6
Sep, 24141--6
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 08, 2024Paul NewsomePiper Sandler$13.00$8.1659.31%14.34%
Aug 07, 2024Mark HughesTruist Financial$12.00$7.4062.16%5.54%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 08, 2024Piper SandlerOverweightupgrade

Financial Forecast

EPS Forecast

$-6 $-5 $-4 $-3 $-2 $-1 $0 $1 $2 $3 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$0.33$-2.69$-5.86$1.73---
Avg Forecast$-0.60$-0.76$-3.02$0.99$1.32$2.15$2.40
High Forecast$-0.63$-0.79$-3.06$0.98$1.25$1.97$2.36
Low Forecast$-0.57$-0.72$-2.98$1.00$1.38$2.32$2.44
Surprise %-155.00%253.95%94.04%74.75%---

Revenue Forecast

$550M $630M $710M $790M $870M $950M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$593.38M$631.56M$662.46M$735.50M---
Avg Forecast$580.40M$630.16M$645.82M$733.64M$815.09M$875.48M$929.06M
High Forecast$560.10M$608.13M$639.12M$733.51M$809.49M$864.97M$917.91M
Low Forecast$600.69M$652.20M$652.52M$733.76M$820.69M$885.98M$940.21M
Surprise %2.24%0.22%2.58%0.25%---

Net Income Forecast

$-200M $-140M $-80M $-20M $40M $100M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$9.33M$-74.73M$-154.36M$45.31M---
Avg Forecast$-15.79M$-19.90M$-24.22M$45.31M$34.61M$56.31M$63.01M
High Forecast$-16.51M$-20.81M$-38.74M$15.92M$32.93M$51.78M$62.02M
Low Forecast$-15.07M$-19.00M$-9.69M$74.69M$36.30M$60.84M$63.99M
Surprise %-159.06%275.44%537.44%----

HRTG Forecast FAQ

Is Heritage Insurance stock a buy?

Heritage Insurance stock has a consensus rating of Buy, based on 1 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Heritage Insurance is a favorable investment for most analysts.

What is Heritage Insurance's price target?

Heritage Insurance's price target, set by 1 Wall Street analysts, averages $12.5 over the next 12 months. The price target range spans from $12 at the low end to $13 at the high end, suggesting a potential 9.94% change from the previous close price of $11.37.

How does Heritage Insurance stock forecast compare to the average forecast of its sector, industry, and investment themes?

Heritage Insurance stock forecast shows a 9.94% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the property & casualty insurance stocks industry (9.02%).

What is the breakdown of analyst ratings for Heritage Insurance over the past three months?

  • January 2025: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 33.33% Strong Buy, 33.33% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 16.67% Strong Buy, 66.67% Buy, 16.67% Hold, 0% Sell, 0% Strong Sell.

What is Heritage Insurance’s EPS forecast?

Heritage Insurance's average annual EPS forecast for its fiscal year ending in December is 1.32 for 2024, a -23.70% decrease from the reported $1.73 in 2023. The prediction for 2025 is $2.15, and $2.4 for 2026.

What is Heritage Insurance’s revenue forecast?

Heritage Insurance's average annual revenue forecast for its fiscal year ending in December is $815.09M for 2024, a 10.82% increase from the reported $735.5M in 2023. The forecast for 2025 is $875.48M, and $929.06M for 2026.

What is Heritage Insurance’s net income forecast?

For its fiscal year ending in December, Heritage Insurance's average annual net income forecast is $34.61M for 2024, reflecting a -23.61% decrease from the reported $45.31M in 2023. The projection for 2025 is $56.31M, and $63.01M for 2026.