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

Risk and Volatility

Heritage Insurance Holdings has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500. Comparatively, Heritage Insurance Holdings’ rivals have a beta of 0.93, suggesting that their average share price is 7% less volatile than the S&P 500.

Institutional & Insider Ownership

60.6% of Heritage Insurance Holdings shares are held by institutional investors. Comparatively, 60.7% of shares of all “Property & Casualty Insurance” companies are held by institutional investors. 16.1% of Heritage Insurance Holdings shares are held by insiders. Comparatively, 15.5% of shares of all “Property & Casualty Insurance” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Valuation & Earnings

This table compares Heritage Insurance Holdings and its rivals top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Heritage Insurance Holdings $408.34 million $43.38 million 22.03
Heritage Insurance Holdings Competitors $11.75 billion $2.00 billion 36.24

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

Dividends

Heritage Insurance Holdings pays an annual dividend of $0.24 per share and has a dividend yield of 1.5%. 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 27.2% of their earnings in the form of a dividend.

Profitability

This table compares Heritage Insurance Holdings and its rivals’ 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% 5.28% 2.71%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for Heritage Insurance Holdings and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Heritage Insurance Holdings 0 0 3 0 3.00
Heritage Insurance Holdings Competitors 617 2256 2151 42 2.32

Heritage Insurance Holdings presently has a consensus price target of $17.67, suggesting a potential upside of 11.39%. As a group, “Property & Casualty Insurance” companies have a potential downside of 1.57%. Given Heritage Insurance Holdings’ stronger consensus rating and higher possible upside, equities analysts clearly believe Heritage Insurance Holdings is more favorable than its rivals.

Summary

Heritage Insurance Holdings rivals beat Heritage Insurance Holdings on 8 of the 15 factors compared.

About Heritage Insurance Holdings

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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