Heritage traded at $27.97 this Thursday April 23rd, increasing $0.40 or 1.45 percent since the previous trading session. Looking back, over the last four weeks, Heritage gained 4.95 percent. Over the last 12 months, its price rose by 46.82 percent. Looking ahead, we forecast Heritage to be priced at 26.69 by the end of this quarter and at 24.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
Heritage Insurance Holdings, Inc is a property and casualty insurance holding company and provides personal and commercial residential insurance through its insurance company subsidiaries. It is vertically integrated and controls or manages all aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. Through its subsidiaries, Heritage Property & Casualty Insurance Company provides personal and commercial residential property insurance and commercial general liability insurance; Narragansett Bay Insurance Company provides personal and commercial residential property insurance; Zephyr Insurance Company provides personal residential wind-only property and multi-peril property insurance in Hawaii; Osprey Re Ltd is its captive reinsurance subsidiary that may provide a portion of the reinsurance protection purchased by its insurance company subsidiaries and Heritage MGA, LLC is its managing general agent.