Heritage Insurance Holdings (NYSE: HRTG) is one of 92 publicly-traded companies in the “Property & Casualty Insurance” industry, but how does it compare to its competitors? We will compare Heritage Insurance Holdings to similar businesses based on the strength of its earnings, analyst recommendations, institutional ownership, valuation, risk, dividends and profitability.

Risk and Volatility

Heritage Insurance Holdings has a beta of 1.36, meaning that its stock price is 36% more volatile than the S&P 500. Comparatively, Heritage Insurance Holdings’ competitors have a beta of 0.93, meaning that their average stock price is 7% less volatile than the S&P 500.

Earnings & Valuation

This table compares Heritage Insurance Holdings and its competitors gross revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Heritage Insurance Holdings $408.34 million $43.38 million 20.94
Heritage Insurance Holdings Competitors $11.75 billion $2.00 billion 36.13

Heritage Insurance Holdings’ competitors have higher revenue and earnings than Heritage Insurance Holdings. Heritage Insurance Holdings 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 summary of current ratings for Heritage Insurance Holdings and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heritage Insurance Holdings 0 0 3 0 3.00
Heritage Insurance Holdings Competitors 606 2246 2128 42 2.32

Heritage Insurance Holdings presently has a consensus price target of $17.00, suggesting a potential upside of 12.73%. As a group, “Property & Casualty Insurance” companies have a potential upside of 0.11%. Given Heritage Insurance Holdings’ stronger consensus rating and higher possible upside, equities analysts plainly believe Heritage Insurance Holdings is more favorable than its competitors.

Dividends

Heritage Insurance Holdings pays an annual dividend of $0.24 per share and has a dividend yield of 1.6%. Heritage Insurance Holdings pays out 33.3% of its earnings in the form of a dividend. As a group, “Property & Casualty Insurance” companies pay a dividend yield of 1.4% and pay out 26.8% of their earnings in the form of a dividend.

Institutional & Insider Ownership

61.3% of Heritage Insurance Holdings shares are owned by institutional investors. Comparatively, 60.8% of shares of all “Property & Casualty Insurance” companies are owned by institutional investors. 16.1% of Heritage Insurance Holdings shares are owned by insiders. Comparatively, 15.6% of shares of all “Property & Casualty Insurance” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Profitability

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

Net Margins Return on Equity Return on Assets
Heritage Insurance Holdings 5.07% 5.67% 1.98%
Heritage Insurance Holdings Competitors 10.08% 5.30% 2.71%

Summary

Heritage Insurance Holdings beats its competitors on 8 of the 15 factors compared.

Heritage Insurance Holdings Company Profile

Heritage Insurance Holdings, Inc. (Heritage Insurance) is a property and casualty insurance holding company. The Company provides personal and commercial residential insurance. Through its subsidiary, Heritage Property & Casualty Insurance Company (Heritage P&C), it provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance and commercial residential insurance in the state of Florida and North Carolina. The Company is vertically integrated and controls or manages all aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. The Company’s primary products are personal and commercial residential insurance, which it offers only in Florida. As of December 31, 2016, it marketed and wrote personal lines voluntary policies through a network of approximately 1,900 independent agents. It had 150,998 voluntary personal residential policies as of December 31, 2016.

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