Heritage Insurance Holdings, Inc. (HRTG) on Decifer

Decifer ranks HRTG number 64 of 265 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 32% and those returns have been improving and it turns most of its profit into real cash.
• Revenue is expected to grow about 4% a year, profits grew 215% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, with profitability widening as it grows.
• It is riding an active market tailwind and has the balance sheet to fund its growth.
• And it returns cash to shareholders.
• Returns around 32 percent and profits up 215 percent show real business quality, but revenue growing only 4 percent and no funded role cap the near-term case despite momentum of 17 out of 35.

The current read

The evidence on HRTG lines up on the supportive side: a live market force supports this name through its theme connection. The independent signals we track are telling the same story.

Themes

• Specialty & E&S Insurance Hardening: Climate-driven catastrophe losses and complex emerging risks are pushing coverage out of admitted markets into a hard-pricing specialty and E&S market growing above the broader P&C industry.

Read the full HRTG research brief · See all quality rankings

Intelligence data powered by Decifer. Not financial advice. For informational purposes only.