Wow, $1.00/share for the quarter....very very solid. And they seem positive about growth going forward. But lets look at HRTG at only a .75/share qtrly performer going forward (25% discount to this quarters earnings). Plug a simple 10 p/e on that and you get a $30 target. And, while HRTG will need to buy more reinsurance for their dramatic growth, which would effect the September quarter; analysts stil have them growing and earning over $3.00 in '16. And thats before they raise up their estimates after this very strong quarter.
Anyway, as I stated before, seems pretty darn cheap.
they made .68/share excluding the one time losses related to Monarch. Yesterday was an interesting day, I was able to pick up a bunch of shares in the 27's and flip them out a buck higher later in the day....good day to trade.