Melvin Russell - Heritage Insurance Director
HRTG Stock | USD 10.29 0.14 1.34% |
Director
Melvin A. Russell Jr. is Executive Vice President Chief Underwriting Officer and Director of Sales Marketing of the company. Prior to joining the Company Mr. Russell served as President Chief Underwriting Officer Corporationrationrate Secretary and Executive Vice President of United Insurance Holdings Corporation beginning in January 2009. since 2013.
Age | 58 |
Tenure | 11 years |
Address | 1401 North Westshore Blvd., Tampa, FL, United States, 33607 |
Phone | 727 362 7200 |
Web | https://investors.heritagepci.com |
Heritage Insurance Management Efficiency
The company has return on total asset (ROA) of 0.0176 % which means that it generated a profit of $0.0176 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2579 %, meaning that it created $0.2579 on every $100 dollars invested by stockholders. Heritage Insurance's management efficiency ratios could be used to measure how well Heritage Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The Heritage Insurance's current Return On Equity is estimated to increase to 0.22, while Return On Tangible Assets are projected to decrease to 0.02. At this time, Heritage Insurance's Other Assets are most likely to increase significantly in the upcoming years. The Heritage Insurance's current Total Current Assets is estimated to increase to about 855.1 M, while Net Tangible Assets are projected to decrease to roughly 69.7 M.Similar Executives
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Management Performance
Return On Equity | 0.26 | ||||
Return On Asset | 0.0176 |
Heritage Insurance Hldgs Leadership Team
Elected by the shareholders, the Heritage Insurance's board of directors comprises two types of representatives: Heritage Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Insurance's management team and ensure that shareholders' interests are well served. Heritage Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Heritage Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Panagiotis Apostolou, Independent Director | ||
Arash Solemani, Executive Vice President and Director of Investor Relations | ||
Irini Barlas, Independent Director | ||
Mark Berset, Director | ||
Stephen Rohde, CFO, Secretary and Treasurer | ||
Bruce Lucas, Chairman and CEO | ||
Nicholas Pappas, Independent Director | ||
Trifon Houvardas, Independent Director | ||
Richard Widdicombe, Chairman of the Board, President | ||
Tim Moura, President - Narragansett Bay Insurance Company | ||
Paul Neilson, Vice President - Claims | ||
Joseph Vattamattam, Independent Director | ||
Ernesto CPCU, CEO Director | ||
Timothy Moura, President Company | ||
Ernesto Garateix, COO | ||
Joseph Peiso, Vice President - Compliance | ||
Ernie Garateix, Chief Executive Officer, Director | ||
James Masiello, Independent Director | ||
Kirk Lusk, Chief Financial Officer | ||
Melvin Russell, Chief Underwriting Officer, Executive VP and Director of Sales and Marketing | ||
Sharon Binnun, Executive Vice President - Finance | ||
Vijay Walvekar, Independent Director | ||
Steven Martindale, Director | ||
Randy Jones, Pres Division | ||
Timothy Johns, President Company | ||
Tim Johns, President of Zephyr Insurance Company | ||
Arlene Luis, Ex Commercial |
Heritage Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Heritage Insurance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.26 | ||||
Return On Asset | 0.0176 | ||||
Profit Margin | 0.06 % | ||||
Operating Margin | 0.19 % | ||||
Current Valuation | (16.45 M) | ||||
Shares Outstanding | 30.22 M | ||||
Shares Owned By Insiders | 26.71 % | ||||
Shares Owned By Institutions | 51.89 % | ||||
Number Of Shares Shorted | 845.5 K | ||||
Price To Earning | 5.09 X |
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Complementary Tools for Heritage Stock analysis
When running Heritage Insurance's price analysis, check to measure Heritage Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Heritage Insurance is operating at the current time. Most of Heritage Insurance's value examination focuses on studying past and present price action to predict the probability of Heritage Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Insurance's price. Additionally, you may evaluate how the addition of Heritage Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Heritage Insurance. If investors know Heritage will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Heritage Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.378 | Earnings Share 1.73 | Revenue Per Share 28.08 | Quarterly Revenue Growth 0.071 | Return On Assets 0.0176 |
The market value of Heritage Insurance Hldgs is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Insurance's value that differs from its market value or its book value, called intrinsic value, which is Heritage Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Heritage Insurance's market value can be influenced by many factors that don't directly affect Heritage Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Heritage Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.