Heritage Insurance (NYSE:HRTG) Announces Quarterly Earnings Results

Posted by Brenda Bartman on Aug 5th, 2026

Heritage Insurance (NYSE:HRTG – Get Free Report) issued its earnings results on Wednesday. The insurance provider reported $2.05 EPS for the quarter, beating the consensus estimate of $1.25 by $0.80, Zacks reports. Heritage Insurance had a net margin of 23.76% and a return on equity of 43.68%. The company had revenue of $214.19 million during the quarter, compared to analysts’ expectations of $212.71 million.

Heritage Insurance Stock Performance

Shares of Heritage Insurance stock traded up $0.43 on Wednesday, reaching $30.23. 283,266 shares of the company traded hands, compared to its average volume of 276,902. The company has a 50 day moving average of $25.59 and a 200 day moving average of $25.95. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.80 and a quick ratio of 0.80. Heritage Insurance has a 52 week low of $16.83 and a 52 week high of $31.98. The firm has a market capitalization of $917.57 million, a PE ratio of 4.64 and a beta of 0.89.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wall Street Zen lowered shares of Heritage Insurance from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research upgraded Heritage Insurance from a “strong sell” rating to a “hold” rating in a research note on Friday, July 10th. Weiss Ratings lowered Heritage Insurance from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 11th. Truist Financial lowered their price target on Heritage Insurance from $39.00 to $36.00 and set a “buy” rating for the company in a report on Monday, May 11th. Finally, Piper Sandler increased their price target on Heritage Insurance from $27.00 to $31.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Heritage Insurance has an average rating of “Moderate Buy” and an average price target of $33.50.

Read Our Latest Stock Analysis on Heritage Insurance

Insider Buying and Selling at Heritage Insurance

In related news, CAO Sharon Binnun sold 9,200 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $30.03, for a total value of $276,276.00. Following the sale, the chief accounting officer directly owned 96,388 shares in the company, valued at approximately $2,894,531.64. The trade was a 8.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul L. Whiting acquired 16,000 shares of the company’s stock in a transaction on Tuesday, May 19th. The shares were acquired at an average cost of $23.56 per share, for a total transaction of $376,960.00. Following the completion of the acquisition, the director owned 103,126 shares of the company’s stock, valued at approximately $2,429,648.56. The trade was a 18.36% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have sold 27,600 shares of company stock valued at $744,924. 9.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of HRTG. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Heritage Insurance by 4.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,621 shares of the insurance provider’s stock worth $196,000 after acquiring an additional 546 shares in the last quarter. Millennium Management LLC grew its holdings in Heritage Insurance by 39.8% during the 1st quarter. Millennium Management LLC now owns 322,957 shares of the insurance provider’s stock valued at $4,657,000 after buying an additional 91,982 shares in the last quarter. Empowered Funds LLC grew its holdings in Heritage Insurance by 8.4% during the 1st quarter. Empowered Funds LLC now owns 124,859 shares of the insurance provider’s stock valued at $1,800,000 after buying an additional 9,728 shares in the last quarter. Strs Ohio purchased a new stake in shares of Heritage Insurance in the first quarter worth about $127,000. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Heritage Insurance by 1,078.7% in the second quarter. JPMorgan Chase & Co. now owns 140,879 shares of the insurance provider’s stock worth $3,514,000 after buying an additional 128,927 shares in the last quarter. 59.03% of the stock is owned by institutional investors.

Heritage Insurance Company Profile

(Get Free Report)

Heritage Insurance Holdings, Inc (NYSE: HRTG) is a property and casualty insurance holding company that offers homeowners insurance and related coverage products in the United States. Through its primary subsidiary, Heritage Property & Casualty Insurance Company, the firm underwrites standard and non-standard personal lines insurance, including homeowners, dwelling fire, flood, and condominium policies. Heritage leverages a network of independent insurance agents to distribute its products across select regional markets, with an emphasis on serving property owners in areas prone to severe weather events.

Founded in 2011 and headquartered in Jupiter, Florida, Heritage Insurance has grown to become one of the leading providers of residential property insurance in the state.