Heritage Insurance Holdings, Inc. (HRTG) AI Stock Analysis

Heritage Insurance Holdings, Inc., headquartered in Tampa, Florida, provides personal and commercial residential insurance products across multiple states. Its personal residential offerings cover single-family homeowners, condominium owners, and rental properties, alongside commercial residential insurance primarily in Florida, New Jersey, and New York. It also specializes in wind-only property insurance, restoration, emergency recovery services, property management, and reinsurance solutions. Founded in 2012, Heritage distributes policies through approximately 1,500 retail locations via eight wholesale agency relationships and around 70 independent agencies.

Between FY2020 and FY2025, revenue grew at a 5-year CAGR of 7.4%, climbing from $631.6M in FY2021 to $847.3M in FY2025. After posting net losses of -$74.7M in FY2021 and -$154.4M in FY2022, profitability recovered, reaching net income of $195.6M and diluted EPS of $6.32 in FY2025 with an operating margin of 30.6%. For the trailing twelve months ended June 30, 2026, revenue stood at $854.6M, with an operating margin of 39.1% and diluted EPS of $7.01. In the latest quarter ended June 30, 2026, quarterly revenue grew 3.0% year-over-year, while quarterly earnings expanded 32.3%.

As of June 30, 2026, Heritage reported $715.5M in cash and short-term investments against total debt of $91.8M, yielding net cash of $623.7M. Total assets stood at $2.45B and shareholders' equity was $567.7M, supported by a debt-to-equity ratio of 0.16 and a current ratio of 255.74. Operating cash flow in FY2025 reached $182.2M, with free cash flow of $174.2M. Capital deployment in FY2025 included capital expenditures of $8.1M and share buybacks of $2.3M, while the share count increased 9.2% over 5 years.

Heritage trades at a trailing price-to-earnings ratio of 5.1x, below the 12.1x median of its US-listed Financial Services peers. Its price-to-sales ratio is 1.2x compared to the peer median of 3.2x, and its enterprise value of $487.5M represents an EV-to-revenue multiple of 0.6x. The stock closed at $35.77 on October 16, 2026, sitting 27.1% above its 200-day average. Over the past 1 year, HRTG delivered a return of 49.4% versus 16.8% for the S&P 500, and a 5-year return of 438.3% versus 83.0% for the index.

Wall Street coverage includes 1 Strong Buy, 1 Buy, and 1 Hold rating, with no Sell or Strong Sell recommendations. The mean price target is $39.00, representing an upside of 9.0% from the last close of $35.77. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $859.9M and EPS of $5.25, indicating an EPS decline of 16.1%. Heritage beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Heritage Insurance Holdings, Inc. (HRTG). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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