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May 7, 2026·SEC
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Feb 23, 2026·SEC
Heritage Insurance Holdings, Inc.(HRTG)Earnings, Financials & Key Ratios
HRTG•NYSE•Insurance & Managed Care
$27.20
4.3× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryProperty catastrophe and specialty property insurers
AboutHeritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products. The company offers personal residential property insurance for single-family homeowners and condominium owners, and rental property insurance in the states of Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; commercial residential insurance for properties in Florida, New Jersey, and New York; and licensed in the state of Pennsylvania, as well as personal residential and wind-only property insurance. It also provides restoration, and emergency and recovery services; and property management, and reinsurance services. The company writes personal line policies through a network of retail independent agents, wholesale agents, and a partnership with a direct agency, as well as indirectly to approximately 1,500 retail locations through eight wholesale agency relationships; and personal and commercial insurance policies through a network of approximately 70 independent agencies. Heritage Insurance Holdings, Inc. was founded in 2012 and is headquartered in Tampa, Florida.Show more
- Revenue$847M+3.7%
- Combined Ratio69.4%-22.8%
- Net Income$196M+217.8%
- Return on Equity49.14%+104.1%
- Medical Cost Ratio36.97%-52.7%
- Operating Margin30.6%+202.4%
- Net Margin23.08%+206.5%
- ROA8.39%+212.6%
- Equity / Assets23.01%+95.4%
HRTG Price & Volume
Heritage Insurance Holdings, Inc. (HRTG) stock price & volume — 10-year historical chart
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Legislative Reforms Drive Structural Underwriting Margin Expansion
Investment Thesis • Updated 2026Q1
VerdictPositive
Growth:Stable
Profitability:Strong
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Florida catastrophe exposure concentration
Key Thesis Takeaways
- Heritage Insurance Holdings is currently benefiting from a structural improvement in underwriting profitability following Florida legislative reforms, which helped reduce the loss ratio from a peak of 84.3% in 2024Q3 to 43.1% by 2026Q1.
- While the company has successfully expanded its equity base to $520.4 million, investors should monitor the ongoing reliance on reinsurance treaties that may mask underlying catastrophe volatility.
- The current valuation, characterized by a 4.09 P/E TTM, suggests the market remains cautious regarding the company's long-term geographic concentration in the Florida property market.
Verdict Logic
the stock trades at a compelling 4.09 P/E TTM and a 0.05 PEG ratio, suggesting that the recent structural improvement in underwriting margins is not yet fully reflected in the current share price.
HRTG Growth Metrics
Heritage Insurance Holdings, Inc. (HRTG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years7.94%
5 Years7.38%
3 Years8.55%
TTM-7.36%
Profit CAGR
10 Years7.77%
5 Years83.79%
3 Years-
TTM159.17%
EPS CAGR
10 Years7.56%
5 Years80.48%
3 Years-
TTM157.71%
Return on Capital
10 Years3.19%
5 Years4.26%
3 Years14.91%
Last Year38.84%
HRTG Recent Earnings
Heritage Insurance Holdings, Inc. (HRTG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$1.19-22.2%
$1.53
Rev
$213M-1.3%
$215M
Q2 2026
Mar 9, 2026Metric
Actual
Est
EPS
$2.15+33.5%
$1.61
Rev
$215M+1.3%
$213M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$1.63+207.5%
$0.53
Rev
$212M-0.1%
$213M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$1.55+50.5%
$1.03
Rev
$208M-2.8%
$214M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $1.19vs $1.53-22.2% | $213Mvs $215M-1.3% |
| Q2 2026 | Mar 9, 2026 | $2.15vs $1.61+33.5% | $215Mvs $213M+1.3% |
| Q4 2025 | Nov 5, 2025 | $1.63vs $0.53+207.5% | $212Mvs $213M-0.1% |
| Q3 2025 | Aug 5, 2025 | $1.55vs $1.03+50.5% | $208Mvs $214M-2.8% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Heritage Insurance Holdings, Inc. (HRTG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $27.20 | $825.52M | 4.30 | 3.71% | 23.08% | 49.14% | — | |
| $6.32 | $3.56M | -0.01 | -22.44% | -30.33% | -27.02% | — | |
| $180.41 | $2.34B | 7.25 | 20.21% | 32.64% | 30.81% | — | |
| $145.29 | $3.85B | 20.26 | 58.16% | 20.15% | 21.74% | — | |
| $15.49 | $317.26M | -30.98 | -12.35% | -1.6% | -1.79% | — | |
| $102.85 | $35.93B | 8.85 | 14.27% | 24.73% | 20.48% | — |
Compare HRTG vs Peers
Heritage Insurance Holdings, Inc. (HRTG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
HRTG SEC Filings & Documents
Heritage Insurance Holdings, Inc. (HRTG) SEC filings — annual & quarterly reports (10-K, 10-Q)
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HRTG Frequently Asked Questions
Heritage Insurance Holdings, Inc. (HRTG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
How fast is Heritage Insurance Holdings, Inc. growing?
Heritage Insurance Holdings, Inc. (HRTG) grew revenue by 3.7% over the past year. Growth has been modest.
Is HRTG profitable?
Yes, Heritage Insurance Holdings, Inc. (HRTG) is profitable, generating $201.6M in net income for fiscal year 2025 (23.1% net margin).
Dividend & Returns
What is HRTG's return on equity?
Heritage Insurance Holdings, Inc. (HRTG) has a return on equity (ROE) of 49.1%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
What is Heritage Insurance Holdings, Inc.'s combined ratio?
Heritage Insurance Holdings, Inc. (HRTG) has a combined ratio of 69.4%. A ratio below 100% indicates underwriting profitability.