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Upturn AI SWOT - About
Heritage Insurance Hldgs Inc (HRTG)
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Upturn Advisory Summary
07/10/2025: HRTG (4-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Above Average Performance
These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $29
1 Year Target Price $29
| 1 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 169.12% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 07/10/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 689.60M USD | Price to earnings Ratio 8.79 | 1Y Target Price 29 |
Price to earnings Ratio 8.79 | 1Y Target Price 29 | ||
Volume (30-day avg) 3 | Beta 1.03 | 52 Weeks Range 6.70 - 26.64 | Updated Date 07/10/2025 |
52 Weeks Range 6.70 - 26.64 | Updated Date 07/10/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.53 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.29% | Operating Margin (TTM) 20.06% |
Management Effectiveness
Return on Assets (TTM) 3.26% | Return on Equity (TTM) 27.59% |
Valuation
Trailing PE 8.79 | Forward PE - | Enterprise Value 382576257 | Price to Sales(TTM) 0.82 |
Enterprise Value 382576257 | Price to Sales(TTM) 0.82 | ||
Enterprise Value to Revenue 0.45 | Enterprise Value to EBITDA - | Shares Outstanding 30993300 | Shares Floating 21760922 |
Shares Outstanding 30993300 | Shares Floating 21760922 | ||
Percent Insiders 26.95 | Percent Institutions 57.38 |
Upturn AI SWOT
Heritage Insurance Hldgs Inc
Company Overview
History and Background
Heritage Insurance Hldgs, Inc. was founded in 2012. It is a property and casualty insurance holding company focused on providing personal residential insurance, primarily in coastal states. The company has grown through organic expansion and strategic acquisitions, aiming to offer competitive insurance solutions in catastrophe-prone regions.
Core Business Areas
- Personal Residential Insurance: Provides coverage for homeowners against perils such as hurricanes, wind, hail, fire, and water damage.
- Commercial Residential Insurance: Provides insurance coverage for commercial residential properties such as apartment buildings and condominiums.
Leadership and Structure
Ernie Garateix serves as the Chief Executive Officer. The company operates with a typical hierarchical structure including executive leadership, underwriting, claims, and sales departments.
Top Products and Market Share
Key Offerings
- Homeowners Insurance: Provides property insurance to homeowners primarily in coastal states, focusing on areas prone to hurricanes and other natural disasters. Competitors include Universal Insurance Holdings (UVE), Federated National Holding Company (FNHC), and Tower Hill Insurance Group. Market share data is not publicly available, but Heritage is a significant player in Florida and other coastal states.
- Commercial Residential Insurance: Covers apartment buildings and condominiums. Competitors include Travelers (TRV) and The Hartford (HIG). Market share data is not publicly available but contributes a smaller percentage to overall revenue.
Market Dynamics
Industry Overview
The property and casualty insurance industry is highly competitive, especially in coastal regions vulnerable to natural disasters. Insurers face challenges related to risk assessment, pricing, and reinsurance costs. Regulatory changes and evolving climate patterns also significantly impact the industry.
Positioning
Heritage Insurance Hldgs Inc. specializes in providing insurance in catastrophe-prone areas, differentiating itself through localized expertise and claims management. Its competitive advantages include a focus on specific geographic markets and a streamlined operational structure.
Total Addressable Market (TAM)
The TAM for property insurance in coastal states is estimated to be in the billions of dollars annually. Heritage is positioned to capture a portion of this market through its specialization and geographic focus.
Upturn SWOT Analysis
Strengths
- Specialization in coastal property insurance
- Strong regional presence in Florida
- Efficient claims management process
- Experience in catastrophe-prone areas
Weaknesses
- High reinsurance costs due to geographic focus
- Exposure to large-scale catastrophe events
- Geographic concentration limits diversification
- Financial results are volatile due to hurricane season
Opportunities
- Expansion into new coastal states
- Development of new insurance products
- Technological innovation in risk assessment
- Strategic partnerships with reinsurance providers
Threats
- Increasing frequency and severity of natural disasters
- Rising reinsurance rates
- Regulatory changes impacting insurance pricing
- Competition from larger national insurers
Competitors and Market Share
Key Competitors
- UVE
- FNHC
- WRH
Competitive Landscape
Heritage's advantages lie in its focus on specific geographic markets and streamlined operations. Disadvantages include higher reinsurance costs and exposure to catastrophe events. Smaller market share than the leaders in the industry which is a very competitive market with no overwhelming leader.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by organic expansion and strategic acquisitions. Growth is closely tied to weather patterns and the overall economic environment in coastal states.
Future Projections: Future growth projections depend on the company's ability to manage risk, expand into new markets, and innovate in insurance products. Analyst estimates should be consulted for detailed financial forecasts.
Recent Initiatives: Recent initiatives include expansion into new states, implementation of new technology for risk assessment, and strengthening relationships with reinsurance providers.
Summary
Heritage Insurance Hldgs is a specialized insurer focusing on coastal property risks. While their expertise in catastrophe-prone areas gives them an edge, they face challenges from reinsurance costs and natural disaster frequency. The company is focusing on expansion and technological improvements. Investors should consider the volatility associated with the insurance industry when looking at the company.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Investor Relations
- Industry Reports
- Financial News Articles
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share data is based on estimates and may not be precise. Consult with a qualified financial advisor before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Heritage Insurance Hldgs Inc
Exchange NYSE | Headquaters Tampa, FL, United States | ||
IPO Launch date 2014-05-23 | CEO & Director Mr. Ernesto Jose Garateix CPCU | ||
Sector Financial Services | Industry Insurance - Property & Casualty | Full time employees 540 | |
Full time employees 540 | |||
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential insurance in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York. It also provides homeowners insurance, condo insurance, dwelling fire, equipment coverage, commercial residential property, and artisan contractor program. In addition, it offers personal and commercial insurance policies through a network of independent agencies. The company was founded in 2012 and is headquartered in Tampa, Florida.
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