Comparing Heritage Insurance (HRTG) & Its Rivals

Heritage Insurance (NYSE:HRTG) is one of 311 public companies in the “Insurance” industry, but how does it weigh in compared to its competitors? We will compare Heritage Insurance to similar companies based on the strength of its valuation, risk, analyst recommendations, profitability, dividends, earnings and institutional ownership.

Earnings & Valuation

This table compares Heritage Insurance and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Heritage Insurance	$847.33 million	$195.59 million	4.75
Heritage Insurance Competitors	$15.27 billion	$1.70 billion	33.69

Heritage Insurance’s competitors have higher revenue and earnings than Heritage Insurance. Heritage Insurance is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Heritage Insurance and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Heritage Insurance	0	3	3	0	2.50
Heritage Insurance Competitors	3347	15715	16565	747	2.40

Heritage Insurance presently has a consensus price target of $37.50, suggesting a potential upside of 11.04%. As a group, “Insurance” companies have a potential upside of 4.36%. Given Heritage Insurance’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Heritage Insurance is more favorable than its competitors.

Volatility & Risk

Heritage Insurance has a beta of 0.99, indicating that its share price is 1% less volatile than the S&P 500. Comparatively, Heritage Insurance’s competitors have a beta of -1.59, indicating that their average share price is 259% less volatile than the S&P 500.

Profitability

This table compares Heritage Insurance and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Heritage Insurance	25.07%	39.41%	9.67%
Heritage Insurance Competitors	8.64%	-9.90%	4.10%

Insider and Institutional Ownership

59.0% of Heritage Insurance shares are owned by institutional investors. Comparatively, 55.9% of shares of all “Insurance” companies are owned by institutional investors. 9.2% of Heritage Insurance shares are owned by insiders. Comparatively, 13.4% of shares of all “Insurance” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Heritage Insurance beats its competitors on 8 of the 13 factors compared.

About Heritage Insurance

Heritage Insurance Holdings, Inc. is a property and casualty insurance holding company headquartered in Florida. Through its insurance subsidiaries, the company provides coverage primarily for residential properties, including homeowners, condominium, and dwelling fire policies, as well as insurance for commercial residential properties. Heritage serves customers in Florida and a range of other U.S. markets through regional insurance companies, including subsidiaries focused on the Northeast and Hawaii.