Heritage Insurance Holdings, Inc. logo

Heritage Insurance Holdings, Inc.

HRTG

NYSEFinancial ServicesInsurance - Property & Casualty

Previous close

$33.84

+$0.21 · +0.62%

Aug 21, 4:00 PM ET

HRTG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

50

Neutral

Sentiment

74

Bullish

Risk resilience

65

Moderate Risk

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Company profile

Company website

Heritage Insurance Holdings, Inc. (HRTG) operates through its subsidiaries, specializing in providing comprehensive insurance products for both personal and commercial residential properties. For individual policyholders, the company offers personal residential property coverage, which includes policies for single-family homeowners, condominium owners, and rental properties. This extensive personal coverage is available across seventeen U.S. states: Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia. Additionally, Heritage provides specific personal residential and wind-only property insurance options. In the commercial sector, Heritage delivers residential insurance solutions tailored for properties located in Florida, New Jersey, and New York. The company also holds a licensing credential in the state of Pennsylvania. Beyond its core insurance offerings, Heritage Insurance Holdings, Inc. also delivers various supplementary services, such as restoration, emergency and recovery operations, property management, and reinsurance services. The distribution of its personal line policies is facilitated through diverse channels, including a network of retail independent agents, wholesale agents, and a dedicated partnership with a direct agency. Furthermore, its market reach indirectly extends to approximately 1,500 retail locations via eight distinct wholesale agency relationships. Both personal and commercial insurance policies are also offered through a network comprising around 70 independent agencies. Established in 2012, Heritage Insurance Holdings, Inc. is headquartered in Tampa, Florida.

Industry
Insurance - Property & Casualty
Sector
Financial Services
Headquarters
US
CEO
Ernesto Jose Garateix
Listed since
May 23, 2014
Employees
542

Market position

Day range

Current $33.84

52-week range

Current $33.84

Open
$33.78
Previous close
$33.63
Volume
162.09K
0.39× average
Average volume
410.99K
Average daily volume
Market cap
1.02B USD
Beta
0.91
Market reference 1
50-day average
$28.2888
+19.62% above average
200-day average
$27.017
+25.25% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends72%37%1%-34%Gross margin, FY2021: 9.22%Gross margin, FY2022: 0.75%Gross margin, FY2023: 19.27%Gross margin, FY2024: 21.88%Gross margin, FY2025: 63.03%Operating margin, FY2021: -12.04%Operating margin, FY2022: -25.08%Operating margin, FY2023: 7.07%Operating margin, FY2024: 10.12%Operating margin, FY2025: 30.60%Net margin, FY2021: -11.83%Net margin, FY2022: -23.30%Net margin, FY2023: 6.16%Net margin, FY2024: 7.53%Net margin, FY2025: 23.08%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 9.22%. Gross margin FY2022 0.75%. Gross margin FY2023 19.27%. Gross margin FY2024 21.88%. Gross margin FY2025 63.03%. Operating margin FY2021 -12.04%. Operating margin FY2022 -25.08%. Operating margin FY2023 7.07%. Operating margin FY2024 10.12%. Operating margin FY2025 30.60%. Net margin FY2021 -11.83%. Net margin FY2022 -23.30%. Net margin FY2023 6.16%. Net margin FY2024 7.53%. Net margin FY2025 23.08%.

Income trends

Revenue

847.33M USD+3.71%

Operating income

259.26M USD+213.59%

Net income

195.59M USD+217.84%
Income trends across reported periods948.68M USD543.28M USD137.88M USD−267.52M USDRevenue, FY2021: 631.56M USDRevenue, FY2022: 662.46M USDRevenue, FY2023: 735.5M USDRevenue, FY2024: 816.99M USDRevenue, FY2025: 847.33M USDOperating income, FY2021: −76.03M USDOperating income, FY2022: −166.17M USDOperating income, FY2023: 52.01M USDOperating income, FY2024: 82.68M USDOperating income, FY2025: 259.26M USDNet income, FY2021: −74.73M USDNet income, FY2022: −154.36M USDNet income, FY2023: 45.31M USDNet income, FY2024: 61.54M USDNet income, FY2025: 195.59M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 631.56M USD. Revenue FY2022 662.46M USD. Revenue FY2023 735.5M USD. Revenue FY2024 816.99M USD. Revenue FY2025 847.33M USD. Operating income FY2021 −76.03M USD. Operating income FY2022 −166.17M USD. Operating income FY2023 52.01M USD. Operating income FY2024 82.68M USD. Operating income FY2025 259.26M USD. Net income FY2021 −74.73M USD. Net income FY2022 −154.36M USD. Net income FY2023 45.31M USD. Net income FY2024 61.54M USD. Net income FY2025 195.59M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue847.33M USD816.99M USD735.5M USD662.46M USD631.56M USD
Cost of goods sold313.25M USD638.24M USD593.74M USD657.47M USD573.34M USD
Gross profit534.08M USD178.75M USD141.76M USD4.99M USD58.22M USD
Selling, general, and administrative92.97M USD85.14M USD77.78M USD70.4M USD65.79M USD
Operating expenses274.82M USD96.07M USD89.75M USD171.16M USD134.26M USD
Interest expense7.89M USD10.93M USD11.21M USD8.81M USD7.97M USD
Depreciation and amortization12.7M USD9.55M USD8.69M USD8.36M USD8.45M USD
Operating income259.26M USD82.68M USD52.01M USD−166.17M USD−76.03M USD
Net income195.59M USD61.54M USD45.31M USD−154.36M USD−74.73M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 3 misses, 0 met estimates
Average EPS surprise
+78.66%
11 comparable reports
Latest EPS result
2.05
Estimate 1.25 · Beat by 64.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates2.341.440.54-0.36Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual 0.66, estimate -0.17, surprise +488.24%, Beat. Q2 2025, reported May 6, 2025: actual 0.99, estimate 0.46, surprise +115.22%, Beat. Q3 2025, reported Aug 5, 2025: actual 1.55, estimate 1.03, surprise +50.49%, Beat. Q4 2025, reported Nov 5, 2025: actual 1.63, estimate 0.53, surprise +207.55%, Beat. Q1 2026, reported Mar 9, 2026: actual 2.15, estimate 1.61, surprise +33.54%, Beat. Q2 2026, reported May 7, 2026: actual 1.19, estimate 1.53, surprise -22.22%, Miss. Q3 2026, reported Aug 5, 2026: actual 2.05, estimate 1.25, surprise +64.00%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.767, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates225.75M216.95M208.15M199.35MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Mar 11, 2025: actual 211.02M USD, estimate 214.88M USD, surprise -1.80%, Miss. Q2 2025, reported May 6, 2025: actual 211.52M USD, estimate 213.68M USD, surprise -1.01%, Miss. Q3 2025, reported Aug 5, 2025: actual 208.03M USD, estimate 214.11M USD, surprise -2.84%, Miss. Q4 2025, reported Nov 5, 2025: actual 212.46M USD, estimate 212.6M USD, surprise -0.07%, Miss. Q1 2026, reported Mar 9, 2026: actual 215.32M USD, estimate 212.6M USD, surprise +1.28%, Beat. Q2 2026, reported May 7, 2026: actual 212.66M USD, estimate 215.39M USD, surprise -1.27%, Miss. Q3 2026, reported Aug 5, 2026: actual 214.2M USD, estimate 212.71M USD, surprise +0.70%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 217.06M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

9 ratings
Strong buy00%
Buy556%
Hold444%
Sell00%
Strong sell00%

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.24

2021 complete year0.0% since 2017

Corporate action history

Dividend

Ex-dividend Jun 13, 2022

$0.06

Quarterly

Record Jun 14, 2022 · Payment Jul 5, 2022

Dividend

Ex-dividend Mar 16, 2022

$0.06

Quarterly

Record Mar 17, 2022 · Payment Apr 6, 2022

Dividend

Ex-dividend Dec 14, 2021

$0.06

Quarterly

Record Dec 15, 2021 · Payment Jan 6, 2022

Dividend

Ex-dividend Sep 14, 2021

$0.06

Quarterly

Record Sep 15, 2021 · Payment Oct 6, 2021

Dividend

Ex-dividend Jun 14, 2021

$0.06

Quarterly

Record Jun 15, 2021 · Payment Jul 6, 2021

Dividend

Ex-dividend Mar 12, 2021

$0.06

Quarterly

Record Mar 15, 2021 · Payment Apr 6, 2021

HRTG peers

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