Is Heritage Insurance stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Heritage Insurance pays dividends. Last time was Tuesday 5th of July 2022 where the investors holding the stock on Monday 13th of June 2022 were paid $0.06 per share. Over the last 27 times between 2015 and 2022, Heritage Insurance has paid $1.6 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Heritage Insurance 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $14.13, you would have made a profit of $1.460 per share or 10.33%
Yes, the average daily trading liquidity for Heritage Insurance is $497 214 thousand. You should therefore be able to get in and out of your positions relatively fast.
Heritage Insurance has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.47, the company's ability to pay off the debt is normal. Heritage Insurance has a good net profit margin of 6.05% and should have high tolerances against inflation.
We have calculated the inflation risk for Heritage Insurance to be low [0.25 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.