Heritage Insurance Holdings, Inc. (HRTG - Free Report) was a big mover last session, as the company saw its shares rise nearly 22% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $9.3 –$11.8 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the estimates for Hurricane Irma damages fell short of previous expectations.
The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Heritage Insurance currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Heritage Insurance Holdings, Inc. Price and Consensus
A better ranked stock in the Insurance - Property and Casualty industry is Markel Corporation (MKL - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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