HRTG - Heritage Insurance Holdings, Inc.
NYSE
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Financial Services
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Insurance—Property & Casualty
Clearwater,
United States
Type: Equity
HRTG price evolution
HRTG
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 1 May 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $491.89 | $397.46 | $473.34 | |
| Short term investments | ||||
| Net receivables | $1142.9 | $836.75 | $866.14 | |
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | $58.55 | $57.2 | $56.4 | $57.66 |
| Goodwill & intangible assets | $39.46 | $41.01 | $42.55 | |
| Total noncurrent assets | ||||
| Total investments | $707.58 | $652.93 | $569.41 | |
| Total assets | $2374.39 | $2599.35 | $2130.13 | $2153.2 |
| Current liabilities | ||||
| Accounts payable | $13.4 | $576.01 | $168.74 | $229.49 |
| Deferred revenue | $765.63 | $691.17 | $675.92 | |
| Short long term debt | ||||
| Total current liabilities | $85.51 | $85.53 | $77.94 | $87.2 |
| Long term debt | $137.22 | $140.03 | $142.84 | $140.12 |
| Total noncurrent liabilities | ||||
| Total debt | $147.56 | $150.71 | $148.19 | |
| Total liabilities | $2095.04 | $2344.02 | $1895.2 | $1932.92 |
| Shareholders' equity | ||||
| Retained earnings | $67.36 | $59.21 | $40.34 | $26.12 |
| Other shareholder equity | -$19.73 | -$34.77 | -$35.47 | -$35.25 |
| Total shareholder equity | $255.33 | $234.94 | $220.28 | |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $473.34 | $287.57 | $364.75 | $446.38 |
| Short term investments | ||||
| Net receivables | $866.14 | $1.36 | $607.19 | $678.33 |
| Inventory | ||||
| Total current assets | $6.47 | $6.06 | $8.32 | $6.5 |
| Long term investments | ||||
| Property, plant & equipment | $57.66 | $53.2 | $45.18 | $18.68 |
| Goodwill & intangible assets | $42.55 | $49.58 | $147.88 | $214.74 |
| Total noncurrent assets | ||||
| Total investments | $569.41 | $653.57 | $694.7 | $589.02 |
| Total assets | $2153.2 | $2392.6 | $1980.76 | $2089.38 |
| Current liabilities | ||||
| Accounts payable | $229.49 | $17.66 | $263.25 | $251.01 |
| Deferred revenue | $675.92 | $656.64 | $590.42 | $569.62 |
| Short long term debt | ||||
| Total current liabilities | $87.2 | $52.31 | $85.89 | $98 |
| Long term debt | $140.12 | $151.5 | $145.38 | $121 |
| Total noncurrent liabilities | ||||
| Total debt | $148.19 | $160.19 | $151.93 | $121 |
| Total liabilities | $1932.92 | $2261.56 | $1637.71 | $1647.04 |
| Shareholders' equity | ||||
| Retained earnings | $26.12 | -$19.19 | $138.38 | $219.78 |
| Other shareholder equity | -$35.25 | -$53.59 | -$4.57 | $6.06 |
| Total shareholder equity | $220.28 | $131.04 | $343.05 | $442.34 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 1 May 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $211.85 | $203.57 | $191.3 | $186.97 |
| Cost of revenue | $105.93 | $90.63 | ||
| Gross Profit | $97.64 | $96.33 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $70 | $60.16 | ||
| Total operating expenses | $200.1 | $70 | $168.6 | $60.16 |
| Operating income | $27.64 | $36.17 | ||
| Income from continuing operations | ||||
| EBIT | $27.64 | $36.17 | ||
| Income tax expense | $0.84 | $5.99 | $5.65 | $2.23 |
| Interest expense | -$2.75 | $2.78 | -$2.83 | $3 |
| Net income | ||||
| Net income | $8.15 | $18.87 | $14.22 | $30.94 |
| Income (for common shares) | $18.87 | $30.94 | ||
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $735.5 | $662.46 | $631.56 | $593.38 |
| Cost of revenue | $426.13 | $501.16 | $427.37 | $373.39 |
| Gross Profit | $309.37 | $161.3 | $204.19 | $220 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $245.39 | $226.7 | $211.75 | $209.81 |
| Total operating expenses | $246.15 | $318.66 | $272.25 | $209.81 |
| Operating income | $63.22 | -$157.36 | -$68.06 | $10.19 |
| Income from continuing operations | ||||
| EBIT | $63.22 | -$157.36 | -$68.06 | $10.19 |
| Income tax expense | $6.7 | -$11.81 | -$1.31 | -$7.11 |
| Interest expense | $11.21 | $8.81 | $7.97 | $7.97 |
| Net income | ||||
| Net income | $45.31 | -$154.36 | -$74.73 | $9.33 |
| Income (for common shares) | $45.31 | -$154.36 | -$74.73 | $9.33 |
| (in millions $) | 30 Oct 2024 | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 |
|---|---|---|---|---|
| Net income | $18.87 | $14.22 | $30.94 | |
| Operating activities | ||||
| Depreciation | $2.27 | $2.23 | $2.23 | |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $0.83 | $0.59 | -$0.76 | |
| Total cash flows from operations | $152.23 | $4.31 | $99.76 | |
| Investing activities | ||||
| Capital expenditures | -$2.46 | -$0.23 | -$1.45 | |
| Investments | -$52.9 | -$83.07 | $114.64 | |
| Total cash flows from investing | -$93.84 | -$55.37 | -$83.3 | $113.2 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $24.67 | |||
| Net borrowings | -$2.44 | $3.06 | -$2.44 | |
| Total cash flows from financing | -$1.77 | -$2.44 | $3.11 | $21.8 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $47.56 | $94.42 | -$75.87 | $234.76 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $45.31 | -$154.36 | -$74.73 | $9.33 |
| Operating activities | ||||
| Depreciation | $8.69 | $8.36 | $8.45 | $8.1 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $1.36 | $2.01 | $1.16 | $4.68 |
| Total cash flows from operations | $70.42 | -$34.26 | $60.13 | $170.21 |
| Investing activities | ||||
| Capital expenditures | -$9.89 | -$12.38 | -$1.01 | -$0.76 |
| Investments | $110.7 | -$25.48 | -$123.47 | $22.82 |
| Total cash flows from investing | $100.81 | -$37.86 | -$124.48 | $22.06 |
| Financing activities | ||||
| Dividends paid | -$0.01 | -$4.77 | -$6.71 | -$6.85 |
| Sale and purchase of stock | $24.67 | -$7.34 | -$8.19 | -$10 |
| Net borrowings | -$9.68 | $7.15 | -$2.15 | -$9.66 |
| Total cash flows from financing | $14.55 | -$5.06 | -$17.28 | -$28.9 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $185.77 | -$77.18 | -$81.63 | $163.38 |
News
Fundamentals
| Market cap | $337.53M |
|---|---|
| Enterprise value | N/A |
| Shares outstanding | 30.68M |
| Revenue | $793.69M |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $72.19M |
| Revenue Q/Q | 13.71% |
| Revenue Y/Y | 9.76% |
| P/E ratio | 4.68 |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.43 |
| P/B ratio | N/A |
| Book/Share | N/A |
| Cash/Share | N/A |
| EPS | $2.35 |
|---|---|
| ROA | 3.12% |
| ROE | N/A |
| Debt/Equity | 8.77 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | N/A |
| Quick ratio | N/A |