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Heritage Insurance Holdings Inc. - HRTG STOCK NEWS

Welcome to our dedicated news page for Heritage Insurance Holdings (Ticker: HRTG), a resource for investors and traders seeking the latest updates and insights on Heritage Insurance Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heritage Insurance Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Heritage Insurance Holdings's position in the market.

Rhea-AI Summary
Heritage Insurance Holdings, Inc. (NYSE: HRTG) will release its first quarter 2024 financial results on May 1, 2024, followed by a conference call and webcast on May 2, 2024. Investors can participate via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. announces First Quarter 2024 Earnings Dates. The company will reveal financial results on May 1, 2024, followed by a conference call on May 2, 2024. Participant dial-in numbers and webcast details are provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
none
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (NYSE: HRTG) announces a new $10.0 million share repurchase plan, following the expiration of a prior plan. The company aims to repurchase shares through various means until December 31, 2024, considering trading windows, market conditions, and legal requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.08%
Tags
buyback
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (HRTG) reported strong financial results for the fourth quarter of 2023, with net income of $30.9 million, an increase from the previous year. The company focused on strategic initiatives to drive profitability and shareholder value, including underwriting profit generation, capital allocation, and portfolio diversification. Despite a suspension of quarterly dividends, Heritage's performance indicators like net premiums earned, loss ratios, and combined ratios showed significant improvements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.17%
Tags
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (HRTG) will announce fourth quarter and full year 2023 financial results on March 11, 2024, followed by a conference call and webcast on March 12, 2024. The company is a super-regional property and casualty insurance holding company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.57%
Tags
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (NYSE: HRTG) completed a primary offering of 3,703,703 shares at $6.75 per share, with gross proceeds of approximately $26.5 million. The offering and private placement aim to support general corporate and operational purposes, as well as anticipated growth and expansion efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (NYSE: HRTG) has priced its underwritten public offering of 3,703,703 shares of common stock at $6.75 per share, expecting to raise approximately $25 million in gross proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.31%
Tags
none
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. (NYSE: HRTG) is commencing an underwritten public offering of its shares of common stock, with an option to purchase up to an additional 15% of the shares. The net proceeds will be used for general corporate and operations purposes, as well as for anticipated growth and expansion efforts. The Offering is being made pursuant to its shelf registration statement on Form S-3, previously filed with the SEC and declared effective on April 22, 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.31%
Tags
none
-
Rhea-AI Summary
Heritage Insurance Holdings, Inc. reported third quarter 2023 financial results. Net loss improved to $7.4 million from $48.2 million in the prior year quarter. Gross premiums earned increased by 9.4% to $337.0 million. Net loss ratio improved by 23.2 points to 74.4%. Strategic initiatives include underwriting profit, capital allocation, portfolio diversification, and coverage suitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.46%
Tags
Rhea-AI Summary
Heritage Insurance Holdings to announce third quarter 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.61%
Tags
Heritage Insurance Holdings Inc.

NYSE:HRTG

HRTG Rankings

HRTG Stock Data

284.96M
21.36M
26.71%
52.12%
2.58%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Clearwater

About HRTG

heritage insurance holdings, inc. (“heritage” or the “company”) is based in clearwater, florida. its subsidiaries, heritage property & casualty insurance company and zephyr insurance company, write approximately $587 million and $58 million, respectively, of personal and commercial residential premium through a large network of experienced agents. the company is currently writing policies in florida, hawaii, north carolina and south carolina. heritage is one of the largest, most well-capitalized insurance companies in florida. surplus at heritage p&c is $205 million and surplus at zephyr is $72 million. consolidated in-force premiums at september 30, 2016 were $646 million with approximately 327,000 policies-in-force. the company is listed on the new york stock exchange (ticker: hrtg). with a market capitalization of approximately $460 million, heritage is larger than all but one florida-based property and casualty insurance companies. heritage’s balance sheet is solid with stockholder