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Heritage Insurance Holdings Inc (HRTG.N)

HRTG.N on New York Stock Exchange

17.90USD
20 Nov 2017
Change (% chg)

$0.47 (+2.70%)
Prev Close
$17.43
Open
$17.43
Day's High
$17.92
Day's Low
$17.21
Volume
116,779
Avg. Vol
117,710
52-wk High
$17.92
52-wk Low
$8.86

Latest Key Developments (Source: Significant Developments)

‍Twelve Capital AG reports 5 pct passive stake in Heritage Insurance Holdings
Wednesday, 18 Oct 2017 06:13am EDT 

Oct 18 (Reuters) - ‍Twelve Capital AG :‍Twelve Capital AG reports 5 percent passive stake in Heritage Insurance Holdings Inc as of Oct 4, 2017 - SEC filing​.  Full Article

Heritage Insurance Holdings say since not exposed to Harvey losses in Texas Or Louisiana, Q3 results should closely approximate prior guidance
Wednesday, 6 Sep 2017 09:28am EDT 

Sept 6 (Reuters) - Heritage Insurance Holdings Inc ::Heritage Insurance Holdings Inc - since co not exposed to Harvey losses in Texas or Louisiana, Q3 results should closely approximate prior guidance.Heritage Insurance - with approach of hurricane Irma, current year's program reduced windstorm retention by half from $40 million to $20 million for 1st catastrophic event.  Full Article

Heritage Insurance Holdings anounces offering of $125 mln of convertible senior notes due 2037
Wednesday, 9 Aug 2017 04:34pm EDT 

Aug 9 (Reuters) - Heritage Insurance Holdings Inc :Heritage Insurance Holdings Inc announces offering of $125,000,000 of convertible senior notes due 2037.Heritage Insurance Holdings - expects to use net proceeds from sale of notes to repurchase up to $40 million of shares of its common stock, among others.  Full Article

Heritage Insurance says ‍NBIC Holdings to get $12.5 mln, if deal terminated
Wednesday, 9 Aug 2017 07:36am EDT 

Aug 9 (Reuters) - Heritage Insurance Holdings Inc :Heritage Insurance says under certain conditions, ‍nbic holdings shall have right to terminate merger deal, be paid termination fee of $12.5 million ​- SEC filing.  Full Article

Heritage to acquire Narragansett Bay Insurance for $250 mln
Tuesday, 8 Aug 2017 08:58pm EDT 

Aug 9 (Reuters) - Heritage Insurance Holdings Inc -:Heritage to acquire Narragansett Bay Insurance for $250 million to create leading super regional personal lines carrier.Says purchase price for acquisition will be $250 million.Says acquisition will be financed with $210 million in cash and $40 million of company's common stock.Says transaction is expected to be immediately accretive to earnings per share and ROE..  Full Article

Heritage Insurance Holdings Q2 earnings per share $0.23
Tuesday, 8 Aug 2017 04:02pm EDT 

Aug 8 (Reuters) - Heritage Insurance Holdings Inc :Heritage Insurance Holdings Inc reports financial results for second quarter of 2017.Heritage Insurance Holdings Inc qtrly book value per share increased 2% as compared to Q2 2016 to $12.97.Heritage Insurance Holdings Inc qtrly earnings per share $0.23.  Full Article

Heritage Insurance Holdings qtrly EPS $0.21
Wednesday, 3 May 2017 04:30pm EDT 

May 3 (Reuters) - Heritage Insurance Holdings Inc :Heritage Insurance Holdings reports financial results for first quarter of 2017.Gross premiums earned increased 2% for q1 2017 as compared to q1 2016.Qtrly book value per share increased 6% as compared to q1 2016 to $12.67.Repurchased 361,211 shares for a total of $4.5 million in q1 2017.Qtrly earnings per share $0.21.  Full Article

Heritage Insurance files amendment to shelf registration statement
Wednesday, 15 Mar 2017 05:32pm EDT 

Heritage Insurance Holdings Inc : Heritage insurance files amendment to shelf registration statement . Heritage insurance holdings inc- has no current plans to issue securities under registration statement . Heritage insurance holdings inc - shelf registration statement relating to securities has been filed with sec but has not yet become effective .Heritage insurance - under shelf registration statement, once declared effective , co may issue various types of securities up to amount of $400 million.  Full Article

Heritage Insurance qtrly total revenue $102.8 mln vs $101.3 mln
Wednesday, 15 Mar 2017 04:11pm EDT 

Heritage Insurance Holdings Inc : Heritage insurance holdings, inc. Reports financial results for fourth quarter and full year 2016; enters 2017 in strong capital position . Qtrly total revenue $ 102.8 million versus. $ 101.3 million . Qtrly book value per share $ 12.41 . Heritage insurance holdings inc qtrly loss per share $0.09 . Heritage insurance holdings inc - heritage expects gross premiums earned for q1 of 2017 to be in range of $158 million to $162 million . Heritage insurance holdings inc - related to zephyr acquisition, heritage expects to record about $2.4 million in amortization expense in q1 of 2017 . Heritage insurance holdings inc qtrly net premiums earned $ 94.9 million versus $ 97.6 million . Q4 earnings per share view $-0.11, revenue view $105.2 million -- Thomson Reuters I/B/E/S . Heritage insurance holdings inc - heritage expects its gross loss ratio, excluding hurricanes, for q1 of 2017 to be in range of 32% to 34% .Heritage insurance holdings inc - heritage expects gross loss ratio, excluding hurricanes, to trend downward in second half of 2017.  Full Article

Heritage Insurance reports Q3 earnings per share $0.37
Tuesday, 8 Nov 2016 05:22pm EST 

Heritage Insurance Holdings Inc - : Gross premiums earned were $164.7 million for Q3 of 2016 compared to $128.2 million for Q3 of 2015 . Heritage has received approximately 2,500 claims to date related to hurricane matthew . Quarterly earnings per share $0.37 . Company expects pre-tax catastrophe losses could reach approximately $30 million, less than its full retention of $40 million . Quarterly total operating revenue $109.31 million versus $ 89.24 million . Q4 revenue view $109.5 million -- Thomson Reuters I/B/E/S . Current estimate for losses related to hurricane hermine is $4 million in quarter .Heritage Insurance Holdings Inc reports financial results for third quarter of 2016.  Full Article

BRIEF-‍Twelve Capital AG reports 5 pct passive stake in Heritage Insurance Holdings

* ‍Twelve Capital AG reports 5 percent passive stake in Heritage Insurance Holdings Inc as of Oct 4, 2017 - SEC filing​ Source text: (http://bit.ly/2gs0Yre) Further company coverage: