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How to Buy Heritage Insurance Holdings Stock

Heritage Insurance Holdings Inc

Heritage Insurance Holdings is a property & casualty insurance company located in Florida, United States, which is part of the Financial Services sector, and is traded under the ticker HRTG on the NYSE exchange.

Heritage Insurance Holdings stock last closed at $10.29, down 1.34% from the previous day, and has increased 215.64% in one year. It has overperformed other stocks in the Insurance - Property & Casualty industry by 1.95 percentage points. Heritage Insurance Holdings stock is currently +226.67% from its 52-week low of $3.15, and -8.37% from its 52-week high of $11.23.

At the moment, there are 30.22M HRTG shares outstanding. The market value of HRTG is $310.95M. In the last 24 hours, 227,840 HRTG shares were traded.

How to Buy Heritage Insurance Holdings Stock

Wondering how to invest in Heritage Insurance Holdings stock? Here's how.
  1. Choose where to buy Heritage Insurance Holdings stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Heritage Insurance Holdings stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your brokerage account: Choose your method of payment and add your information.
  4. Analyze Heritage Insurance Holdings stock: The Heritage Insurance Holdings ticker symbol is HRTG. Is Heritage Insurance Holdings stock a good investment? Should you buy shares of HRTG? How do HRTG's underlying business fundamentals look? Do top analysts think Heritage Insurance Holdings is a good buy? Why has HRTG's stock price moved recently? (Hint: Our stock research website can help you evaluate if HRTG is a good stock to buy).
  5. Make your HRTG buy order: Decide if you will purchase HRTG shares at the current market price or use a limit order to buy HRTG shares at a given price.
  6. Get updates on your HRTG investment: Create a watchlist to key updates about your position in Heritage Insurance Holdings shares.

Step 1: Choose where to buy Heritage Insurance Holdings stock

You need a brokerage account to access the NYSE market and buy HRTG shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal information so you can invest in HRTG today.

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Step 3: Deposit money your brokerage account

Now that you have created your account on one of the most highly reviewed stock apps, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring money into your new investment account.

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Step 4: Analyze Heritage Insurance Holdings stock

Once you have decided on the best place to buy Heritage Insurance Holdings stock, it's crucial to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Heritage Insurance Holdings Numbers

HRTG Price
$10.29
1w %
7.41%
1y %
215.64%
5y %
-22.57%
P/E
5.95x
P/B
1.41x
P/S
0.37x
PEG
0.78x
Revenue
$735.50M
Earnings
$45.31M
Fore. Rev. Growth
4.81%
Fore. Earn. Growth
N/A
Market Cap
$310.95M
Next Earnings
Jun 6, 2024
Next Dividend
N/A

HRTG Overview

WallStreetZen was created to help average investors do better fundamental analysis quickly.

You can see all of the due diligence checks on HRTG's stock page.

Is HRTG stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HRTG's fair value.

Using relative valuations metrics:

  • HRTG could be overvalued based on its P/E ratio of 5.95x, relative to Insurance - Property & Casualty industry P/E ratio of 4.23x
  • HRTG could be undervalued based on its P/B ratio of 1.41x, relative to Insurance - Property & Casualty industry P/B ratio of 2.17x
  • HRTG could be undervalued based on its PEG ratio of 0.78x

You can do more valuation research on HRTG's stock here.

A quick look at HRTG Financials

Passed Health Checks:

  • HRTG's operating cash flow of $70.42M allows it to safely service it's debt of $148.19M.
  • HRTG profit margin has gone up from -23.3% to 6.2% in the past year.
  • HRTG earnings of $63.22M is not sufficient to cover its interest payments.

Failed Health Checks:

  • Total HRTG debt is higher than 5 years ago, relative to shareholder equity.
  • HRTG has a relatively high debt to equity ratio of 8.78.

Do analysts think it's a good time to buy Heritage Insurance Holdings stock

Out of 3 Equities analysts who give ratings on HRTG, the consensus analyst rating on Heritage Insurance Holdings is a Buy

Please note that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Heritage Insurance Holdings stock forecast page.

HRTG Momentum

SMA10
9.81
SMA20
10.09
SMA50
8.83
SMA100
7.71
SMA200
6.73
MACD
0.29
MACD Signal
0.32
MACD Histogram
-0.03
RSI
59.78
Stochastic %K
82.33
Stochastic %D
70.43
StochRSI %K
84.32
StochRSI %D
73.42

How are HRTG Revenues/Earnings doing?

Last year, HRTG earnings were $45.31M. During the past five year, HRTG's earnings have grown by 10.5% per year. This was slower than the Insurance - Property & Casualty industry average of 11.49%.

Last year, HRTG revenue was $735.50M. Over the past five year, HRTG's revenue has gone up by 8.9% per year. This was slower than the Insurance - Property & Casualty industry average of 11.77%.

Find out more about HRTG's earnings and revenue performance here.

Are HRTG executives and large shareholders buying or selling the stock?

In the past year, executives and large shareholders at HRTG have bought more shares than they have sold.

Nicholas George Pappas, Director of HRTG, was the latest HRTG insider to sell. They sold $10,870.00 worth of HRTG stock on Mar 26, 2024.

Dig into more about who owns HRTG shares here.

Can I get consistent income from HRTG stock?

No, Heritage Insurance Holdings doesn't provide an income stream by paying out dividends.

What others are saying about HRTG

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your HRTG buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, place a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get updates on your HRTG investment

Now that you own some HRTG stock, you'll want to keep up with your investment.

Add HRTG to a watchlist to track the most important metrics related to your HRTG stock.

HRTG Feed

How to Buy Stock in Heritage Insurance Holdings

To summarize, here are the 6 steps you need to take to buy Heritage Insurance Holdings stock right now:

  1. Choose where to buy Heritage Insurance Holdings stock
  2. Sign up for a brokerage account
  3. Deposit money your brokerage account
  4. Analyze Heritage Insurance Holdings stock
  5. Make your HRTG buy order
  6. Get updates on your HRTG investment

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Heritage Insurance Holdings, add HRTG to your watchlist below.

NYSE: HRTG
$10.29-0.14 (-1.34%)
Updated Apr 26, 2024
Open eToro Account
NYSE: HRTG
$10.29-0.14 (-1.34%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Heritage Insurance Holdings share?

As of Apr 26, 2024, it costs $10.29 to buy one share of Heritage Insurance Holdings stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.486 shares of HRTG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Heritage Insurance Holdings stock?

According to 3 Wall Street analysts who monitor Heritage Insurance Holdings, their consensus recommendation is to buy Heritage Insurance Holdings stock.

What is the best way to buy Heritage Insurance Holdings stock?

One way to place an order for Heritage Insurance Holdings stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.