Arlene Luis - Heritage Insurance Ex Commercial

HRTG Stock  USD 9.24  0.23  2.55%   

Insider

Arlene Luis is Ex Commercial of Heritage Insurance Hldgs
Address 1401 North Westshore Blvd., Tampa, FL, United States, 33607
Phone727 362 7200
Webhttps://investors.heritagepci.com

Heritage Insurance Management Efficiency

The company has return on total asset (ROA) of 0.0194 % which means that it generated a profit of $0.0194 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2337 %, meaning that it created $0.2337 on every $100 dollars invested by stockholders. Heritage Insurance's management efficiency ratios could be used to measure how well Heritage Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The Heritage Insurance's current Return On Equity is estimated to increase to 0.22, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Heritage Insurance's Other Assets are most likely to increase significantly in the upcoming years. The Heritage Insurance's current Total Current Assets is estimated to increase to about 855.1 M, while Net Tangible Assets are projected to decrease to roughly 69.7 M.
The company currently holds 148.19 M in liabilities with Debt to Equity (D/E) ratio of 0.85, which is about average as compared to similar companies. Heritage Insurance Hldgs has a current ratio of 0.67, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Heritage Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Heritage Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Heritage Insurance Hldgs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Heritage to invest in growth at high rates of return. When we think about Heritage Insurance's use of debt, we should always consider it together with cash and equity.

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Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida. Heritage Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 648 people. Heritage Insurance Hldgs (HRTG) is traded on New York Stock Exchange in USA. It is located in 1401 North Westshore Blvd., Tampa, FL, United States, 33607 and employs 566 people. Heritage Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Heritage Insurance Hldgs Leadership Team

Elected by the shareholders, the Heritage Insurance's board of directors comprises two types of representatives: Heritage Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Insurance's management team and ensure that shareholders' interests are well served. Heritage Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Panagiotis Apostolou, Independent Director
Joseph Peiso, Vice President - Compliance
Ernie Garateix, Chief Executive Officer, Director
Arash Solemani, Executive Vice President and Director of Investor Relations
Irini Barlas, Independent Director
Kirk Lusk, Chief Financial Officer
Mark Berset, Director
Stephen Rohde, CFO, Secretary and Treasurer
Sharon Binnun, Executive Vice President - Finance
Vijay Walvekar, Independent Director
Steven Martindale, Director
Nicholas Pappas, Independent Director
Randy Jones, Pres Division
Timothy Johns, President Company
Tim Johns, President of Zephyr Insurance Company
Richard Widdicombe, Chairman of the Board, President
Tim Moura, President - Narragansett Bay Insurance Company
Joseph Vattamattam, Independent Director
Ernesto CPCU, CEO Director
Arlene Luis, Ex Commercial
Timothy Moura, President Company

Heritage Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heritage Insurance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Heritage Insurance Hldgs is a strong investment it is important to analyze Heritage Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heritage Insurance's future performance. For an informed investment choice regarding Heritage Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Insurance Hldgs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Heritage Insurance's price analysis, check to measure Heritage Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Earnings Share
1.65
Revenue Per Share
27.37
Quarterly Revenue Growth
0.081
Return On Assets
0.0194
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.