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

Profitability

This table compares Heritage Insurance Holdings and its peers’ 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 9.97% 5.21% 2.69%

Volatility and Risk

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

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 26.9% of their earnings in the form of a dividend.

Earnings & Valuation

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

Gross Revenue EBITDA Price/Earnings Ratio
Heritage Insurance Holdings $408.34 million $43.38 million 22.01
Heritage Insurance Holdings Competitors $11.75 billion $2.00 billion 36.50

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

Insider & Institutional Ownership

61.3% of Heritage Insurance Holdings shares are owned by institutional investors. Comparatively, 61.1% 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, 15.4% of shares of all “Property & Casualty Insurance” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings for Heritage Insurance Holdings and its peers, as provided 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 615 2253 2144 42 2.32

Heritage Insurance Holdings presently has a consensus target price of $17.67, suggesting a potential upside of 11.46%. As a group, “Property & Casualty Insurance” companies have a potential downside of 0.40%. Given Heritage Insurance Holdings’ stronger consensus rating and higher probable upside, analysts plainly believe Heritage Insurance Holdings is more favorable than its peers.

Summary

Heritage Insurance Holdings beats its peers 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.

Receive News & Stock Ratings for Heritage Insurance Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heritage Insurance Holdings Inc. and related stocks with our FREE daily email newsletter.