HRTG - Heritage Insurance Holdings, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$36.00
DETAILS
HIGH:
$36.00
LOW:
$36.00
MEDIAN:
$36.00
CONSENSUS:
$36.00
UPSIDE:
57.34%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 847.3 | 817.0 | 735.5 | 662.5 | 631.6 | 593.4 | 511.3 | 480.2 | 406.6 | 439.0 | 394.8 | 233.8 | 98.8 | 5.6 |
| Cost of Revenue | 313.2 | 638.2 | 593.7 | 657.5 | 573.3 | 501.7 | 381.2 | 322.1 | 285.4 | 323.3 | 198.4 | 126.1 | 18.6 | 1.5 |
| Gross Profit | 534.1 | 178.7 | 141.8 | 5.0 | 58.2 | 91.7 | 130.1 | 158.1 | 121.2 | 115.7 | 196.4 | 107.8 | 80.2 | 4.1 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 93.0 | 85.1 | 77.8 | 70.4 | 65.8 | 81.5 | 80.5 | 88.5 | 71.7 | 58.9 | 46.1 | 33.5 | 24.7 | 7.9 |
| Other Expenses | 181.8 | 10.9 | 12.0 | 100.8 | 68.5 | 8.0 | 8.6 | 30.5 | 55.4 | 0.4 | 0 | 0 | 0 | 0.8 |
| Operating Expenses | 274.8 | 96.1 | 89.8 | 171.2 | 134.3 | 89.5 | 89.1 | 119.1 | 127.1 | 59.3 | 46.1 | 33.5 | 24.7 | 8.8 |
| Operating Income | ||||||||||||||
| Operating Income | 259.3 | 82.7 | 52.0 | (166.2) | (76.0) | 2.2 | 41.0 | 39.0 | (5.9) | 56.4 | 150.3 | 74.3 | 55.5 | (4.6) |
| Interest Expense | 7.9 | 10.9 | 11.2 | 8.8 | 8.0 | 8.0 | 8.5 | 20.0 | 13.2 | 0.4 | 0 | 0 | 0.0 | 0.8 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 279.9 | 103.2 | 71.9 | (149.0) | (59.6) | 18.3 | 60.0 | 86.1 | 15.1 | 65.7 | 151.6 | 75.0 | 55.6 | (3.8) |
| EBIT | 267.2 | 93.6 | 63.2 | (157.4) | (68.1) | 10.2 | 49.5 | 59.0 | 7.3 | 56.8 | 150.3 | 74.3 | 55.5 | (3.8) |
| Income Before Tax | 259.3 | 82.7 | 52.0 | (166.2) | (76.0) | 2.2 | 41.0 | 39.0 | (5.9) | 56.4 | 150.3 | 74.3 | 55.5 | (4.6) |
| Income Tax Expense | 63.7 | 21.1 | 6.7 | (11.8) | (1.3) | (7.1) | 12.4 | 11.8 | (4.8) | 22.5 | 57.8 | 27.2 | 21.2 | 0.9 |
| Net Income | 195.6 | 61.5 | 45.3 | (154.4) | (74.7) | 9.3 | 28.6 | 27.2 | (1.1) | 33.9 | 92.5 | 47.1 | 34.2 | (5.5) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 6.33 | 2.01 | 1.73 | -5.86 | -2.69 | 0.33 | 0.98 | 1.05 | -0.04 | 1.14 | 3.08 | 1.92 | 1.18 | -0.19 |
| EPS (Diluted) | 6.32 | 2.01 | 1.73 | -5.86 | -2.69 | 0.33 | 0.98 | 1.04 | -0.04 | 1.14 | 3.05 | 1.82 | 1.18 | -0.19 |
| Shares Outstanding | 30.9 | 30.6 | 26.2 | 26.3 | 27.8 | 28.0 | 29.2 | 25.9 | 26.8 | 29.6 | 30.1 | 24.6 | 28.9 | 28.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 559.3 | 452.7 | 463.6 | 280.9 | 359.3 | 441.0 | 268.4 | 250.1 | 153.7 | 105.8 |
| Short-Term Investments | 99.4 | 91.3 | 89.5 | 113.7 | 669.4 | 561.0 | 587.3 | 526.1 | 567.0 | 603.0 |
| Net Receivables | 432.6 | 844.9 | 586.8 | 909.9 | 353.1 | 464.7 | 495.8 | 0 | 0 | 0 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (400.8) | (778.3) | (386.1) |
| Other Current Assets | 13.3 | (1,703.0) | (1,439.1) | (1,611.5) | 8.6 | (1,712.5) | (1,575.5) | 0 | 0 | 0 |
| Total Current Assets | 1,430.4 | 0 | 0 | 0 | 1,656.2 | 0 | 0 | 1,186.7 | 771.2 | 719.5 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 45.7 | 59.0 | 57.7 | 53.2 | 45.2 | 25.1 | 20.8 | 18.0 | 18.7 | 17.2 |
| Goodwill | 0 | 0 | 0 | 0 | 92.0 | 152.5 | 152.5 | 152.5 | 152.5 | 46.5 |
| Intangible Assets | 94.7 | 36.4 | 42.6 | 49.6 | 55.9 | 62.3 | 68.6 | 76.8 | 101.6 | 26.5 |
| Long-Term Investments | 616.2 | 572.1 | 479.9 | 539.9 | 25.3 | 562.6 | 588.9 | 526.1 | 567.0 | 603.0 |
| Other Non-Current Assets | 3.0 | (667.5) | (580.1) | (642.7) | 106.2 | (802.5) | (830.7) | (7.7) | (567.0) | (603.0) |
| Total Non-Current Assets | 765.5 | 0 | 0 | 0 | 324.6 | 0 | 0 | 773.4 | 307.2 | 93.2 |
| Total Assets | 2,195.8 | 2,468.9 | 2,119.6 | 2,392.6 | 1,980.8 | 2,089.4 | 1,939.7 | 1,768.7 | 1,771.2 | 1,033.2 |
| Current Liabilities | ||||||||||
| Account Payables | 251.6 | 248.2 | 176.0 | 217.5 | 201.8 | 171.2 | 163.6 | 175.5 | 48.1 | 103.5 |
| Short-Term Debt | 74.1 | 80.1 | 89.6 | 99.1 | 69.1 | 70 | 79.4 | 0 | 0 | 0 |
| Deferred Revenue | 727.1 | 0 | 0 | 0 | 0 | 0 | 0 | 203.7 | 15.4 | 0 |
| Other Current Liabilities | 579.5 | (347.2) | (285.2) | (336.0) | 1,262.9 | (261.9) | (260.6) | (394.7) | (67.2) | (111.4) |
| Total Current Liabilities | 1,664.8 | 0 | 0 | 0 | 1,554.7 | 0 | 0 | 195.4 | 17.6 | 96.7 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 4.4 | 36.2 | 30.1 | 29.8 | 51.6 | 51.0 | 49.9 | 148.8 | 184.4 | 72.9 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 39.1 | 9.4 | 18.5 | 12.6 | 7.7 | 34.3 | 3.0 |
| Other Non-Current Liabilities | 0.0 | 0.2 | (67.0) | 2,132.6 | (49.6) | (117.6) | (108.3) | 1,194.6 | 1,207.0 | 599.4 |
| Total Non-Current Liabilities | 25.8 | 61.4 | 25.2 | 2,261.6 | 83.0 | 0 | 0 | 181.5 | 184.4 | 75.9 |
| Total Liabilities | 1,690.6 | 2,178.1 | 1,899.3 | 2,261.6 | 1,637.7 | 1,647.0 | 1,490.9 | 1,343.4 | 1,391.4 | 675.3 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | 283.2 | 87.7 | 26.1 | (19.2) | 138.4 | 219.8 | 217.3 | 195.8 | 175.2 | 182.8 |
| Accumulated Other Comprehensive Income | (10.6) | (28.6) | (35.2) | (53.6) | (4.6) | 6.1 | 7.3 | (6.5) | (3.1) | (5.0) |
| Total Stockholders' Equity | 505.3 | 290.8 | 220.3 | 131.0 | 343.1 | 442.3 | 448.8 | 425.3 | 379.8 | 358.0 |
| Total Liabilities & Equity | 2,195.8 | 2,468.9 | 2,119.6 | 2,392.6 | 1,980.8 | 2,089.4 | 1,939.7 | 1,768.7 | 1,771.2 | 1,033.2 |
| Debt Metrics | ||||||||||
| Total Debt | 99.8 | 141.3 | 148.2 | 160.2 | 151.9 | 129.2 | 137.6 | 148.8 | 184.4 | 72.9 |
| Net Debt | (459.5) | (311.3) | (315.4) | (120.7) | (207.4) | (311.8) | (130.7) | (101.3) | 30.7 | (32.9) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 195.6 | 61.5 | 45.3 | (154.4) | (74.7) | 9.3 | 28.6 | 27.2 | (1.1) | 33.9 |
| Depreciation & Amortization | (0.8) | 9.6 | 8.7 | 8.4 | 8.4 | 8.1 | 10.4 | 27.1 | 7.7 | 9.0 |
| Stock-Based Compensation | 5.4 | 3.3 | 1.4 | 2.0 | 1.2 | 4.7 | 5.4 | 5.3 | 4.8 | 4.8 |
| Change in Working Capital | (28.9) | 18.6 | 15.5 | 25.0 | 64.7 | 157.4 | 73.4 | 34.4 | (76.3) | 18.1 |
| Other Non-Cash Items | 8.5 | (1.0) | (0.5) | 96.0 | 66.5 | (15.6) | 2.7 | 23.1 | 52.8 | 6.3 |
| Operating Cash Flow | 182.2 | 87.1 | 70.4 | (34.3) | 60.1 | 170.2 | 119.7 | 95.4 | 7.6 | 75.1 |
| Investing Activities | ||||||||||
| Capital Expenditure | (8.1) | (8.2) | (9.9) | (12.4) | (1.0) | (0.8) | (5.0) | (2.3) | (0.4) | (1.6) |
| Acquisitions | 0 | 0 | 0 | (89.5) | (210.1) | (472.5) | 0 | 2.3 | (140.9) | (110.3) |
| Purchases of Investments | (344.7) | (287.0) | (230.9) | (135.0) | (334.6) | (470.5) | (256.9) | (218.7) | (215.8) | (317.7) |
| Sales/Maturities of Investments | 0 | 203.9 | 341.6 | 109.5 | 211.1 | 493.3 | 207.9 | 245.3 | 349.9 | 180.2 |
| Other Investing Activities | 312.0 | (0.3) | 0 | 89.5 | 210.1 | 472.5 | 0.4 | (2.3) | 134.1 | (137.5) |
| Investing Cash Flow | (32.7) | (91.6) | 100.8 | (37.9) | (124.5) | 22.1 | (53.6) | 24.4 | (7.2) | (249.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (36.0) | (4.3) | (9.7) | 7.1 | (2.1) | (9.7) | (18.8) | (18.3) | 124.2 | 77.9 |
| Stock Repurchased | (2.3) | (0.0) | 0 | (7.3) | (8.2) | (10.0) | (16.2) | (2) | (61.6) | (25.6) |
| Dividends Paid | 0 | (0.1) | (0.0) | (4.8) | (6.7) | (6.9) | (7.0) | (6.4) | (8.2) | (6.8) |
| Other Financing Activities | (2.3) | (0.9) | (0.4) | (0.1) | (0.2) | (2.4) | (3.5) | (5.3) | (7.2) | (1.7) |
| Financing Cash Flow | (40.6) | (5.2) | 14.5 | (5.1) | (17.3) | (28.9) | (45.4) | (32.0) | 47.6 | 43.8 |
| Cash Position | ||||||||||
| Net Change in Cash | 108.9 | (9.7) | 185.8 | (77.2) | (81.6) | 163.4 | 20.6 | 87.8 | 47.9 | (130.5) |
| Cash at Beginning | 463.6 | 473.3 | 287.6 | 364.8 | 446.4 | 283.0 | 262.4 | 174.5 | 105.8 | 236.3 |
| Cash at End | 572.6 | 463.6 | 473.3 | 287.6 | 364.8 | 446.4 | 283.0 | 262.4 | 153.7 | 105.8 |
| Free Cash Flow | 174.2 | 78.9 | 60.5 | (46.6) | 59.1 | 169.5 | 114.7 | 93.1 | 7.2 | 73.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 847.3 | 817.0 | 735.5 | 662.5 | 631.6 | 593.4 | 511.3 | 480.2 | 406.6 | 439.0 | 394.8 | 233.8 | 98.8 | 5.6 |
| Gross Profit | 534.1 | 178.7 | 141.8 | 5.0 | 58.2 | 91.7 | 130.1 | 158.1 | 121.2 | 115.7 | 196.4 | 107.8 | 80.2 | 4.1 |
| Operating Income | 259.3 | 82.7 | 52.0 | (166.2) | (76.0) | 2.2 | 41.0 | 39.0 | (5.9) | 56.4 | 150.3 | 74.3 | 55.5 | (4.6) |
| Net Income | 195.6 | 61.5 | 45.3 | (154.4) | (74.7) | 9.3 | 28.6 | 27.2 | (1.1) | 33.9 | 92.5 | 47.1 | 34.2 | (5.5) |
| EPS (Diluted) | 6.32 | 2.01 | 1.73 | -5.86 | -2.69 | 0.33 | 0.98 | 1.04 | -0.04 | 1.14 | 3.05 | 1.82 | 1.18 | -0.19 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 559.3 | 452.7 | 463.6 | 280.9 | 359.3 | 441.0 | 268.4 | 250.1 | 153.7 | 105.8 | ||||
| Total Assets | 2,195.8 | 2,468.9 | 2,119.6 | 2,392.6 | 1,980.8 | 2,089.4 | 1,939.7 | 1,768.7 | 1,771.2 | 1,033.2 | ||||
| Total Debt | 99.8 | 141.3 | 148.2 | 160.2 | 151.9 | 129.2 | 137.6 | 148.8 | 184.4 | 72.9 | ||||
| Stockholders' Equity | 505.3 | 290.8 | 220.3 | 131.0 | 343.1 | 442.3 | 448.8 | 425.3 | 379.8 | 358.0 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 182.2 | 87.1 | 70.4 | (34.3) | 60.1 | 170.2 | 119.7 | 95.4 | 7.6 | 75.1 | ||||
| Capital Expenditure | (8.1) | (8.2) | (9.9) | (12.4) | (1.0) | (0.8) | (5.0) | (2.3) | (0.4) | (1.6) | ||||
| Free Cash Flow | 174.2 | 78.9 | 60.5 | (46.6) | 59.1 | 169.5 | 114.7 | 93.1 | 7.2 | 73.5 | ||||