Ernie Garateix - Heritage Insurance Chief Executive Officer, Director
HRTG Stock | USD 10.65 0.15 1.43% |
CEO
Mr. Ernie Garateix is Chief Operating Officer of the Company. since December 2014. Mr. Garateix served as our Executive Vice President. Prior to joining us, Mr. Garateix served as Vice President for American Integrity Insurance Group beginning in October 2007. since 2020.
Age | 48 |
Tenure | 4 years |
Address | 1401 North Westshore Blvd., Tampa, FL, United States, 33607 |
Phone | 727 362 7200 |
Web | https://investors.heritagepci.com |
Heritage Insurance Management Efficiency
The company has return on total asset (ROA) of 0.0176 % which means that it generated a profit of $0.0176 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2579 %, meaning that it created $0.2579 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 Capital Employed is projected to decrease to 0.05. 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.Similar Executives
Found 6 records | CEO Age | ||
Stephen Lindner | American Financial Group | 69 | |
S Lindner | American Financial Group | 65 | |
Carl III | American Financial Group | 71 | |
Carl Lindner | American Financial Group | 66 | |
Craig Lindner | American Financial Group | 63 | |
Marita Zuraitis | Horace Mann Educators | 64 |
Management Performance
Return On Equity | 0.26 | ||||
Return On Asset | 0.0176 |
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 | ||
Arash Solemani, Executive Vice President and Director of Investor Relations | ||
Irini Barlas, Independent Director | ||
Mark Berset, Director | ||
Stephen Rohde, CFO, Secretary and Treasurer | ||
Bruce Lucas, Chairman and CEO | ||
Nicholas Pappas, Independent Director | ||
Trifon Houvardas, Independent Director | ||
Richard Widdicombe, Chairman of the Board, President | ||
Tim Moura, President - Narragansett Bay Insurance Company | ||
Paul Neilson, Vice President - Claims | ||
Joseph Vattamattam, Independent Director | ||
Ernesto CPCU, CEO Director | ||
Timothy Moura, President Company | ||
Ernesto Garateix, COO | ||
Joseph Peiso, Vice President - Compliance | ||
Ernie Garateix, Chief Executive Officer, Director | ||
James Masiello, Independent Director | ||
Kirk Lusk, Chief Financial Officer | ||
Melvin Russell, Chief Underwriting Officer, Executive VP and Director of Sales and Marketing | ||
Sharon Binnun, Executive Vice President - Finance | ||
Vijay Walvekar, Independent Director | ||
Steven Martindale, Director | ||
Randy Jones, Pres Division | ||
Timothy Johns, President Company | ||
Tim Johns, President of Zephyr Insurance Company | ||
Arlene Luis, Ex Commercial |
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.
Return On Equity | 0.26 | ||||
Return On Asset | 0.0176 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | 10.01 M | ||||
Shares Outstanding | 30.22 M | ||||
Shares Owned By Insiders | 26.80 % | ||||
Shares Owned By Institutions | 52.02 % | ||||
Number Of Shares Shorted | 424.79 K | ||||
Price To Earning | 5.09 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Heritage Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Heritage Insurance's short interest history, or implied volatility extrapolated from Heritage Insurance options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Heritage Stock analysis
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.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
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 1.378 | Earnings Share 1.73 | Revenue Per Share 28.08 | Quarterly Revenue Growth 0.071 | Return On Assets 0.0176 |
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.