Heritage Insurance Holdings Inc (HRTG) Files 10-K for the Fiscal Year Ended on December 31, 2017

Heritage Insurance Holdings Inc (HRTG, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Heritage Insurance Holdings Inc is a property and casualty insurance holding company. The Company provides personal residential insurance for single-family homeowners and condominium owners, rental property insurance and commercial residential insurance. Heritage Insurance Holdings Inc has a market cap of $450.930 million; its shares were traded at around $17.42 with and P/S ratio of 1.24. The dividend yield of Heritage Insurance Holdings Inc stocks is 1.37%.

For the last quarter Heritage Insurance Holdings Inc reported a revenue of $108.6 million, compared with the revenue of $102.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $406.6 million, a decrease of 7.4% from the previous year. For the last five years Heritage Insurance Holdings Inc had an average revenue growth rate of 108.4% a year.

The reported loss per diluted share was 4 cents for the year, compared with the earnings per share of $3.05 in the previous year. The Heritage Insurance Holdings Inc had a decent operating margin of 12.18%, compared with the operating margin of 12.85% a year before. The 10-year historical median operating margin of Heritage Insurance Holdings Inc is 31.76%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Heritage Insurance Holdings Inc has the cash and cash equivalents of $153.7 million, compared with $105.8 million in the previous year. The long term debt was $184.4 million, compared with $72.9 million in the previous year. Heritage Insurance Holdings Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $17.42, Heritage Insurance Holdings Inc is traded at close to its historical median P/S valuation band of $17.46. The P/S ratio of the stock is 1.24, while the historical median P/S ratio is 1.22. The stock gained 22.61% during the past 12 months.

For the complete 20-year historical financial data of HRTG, click here.