Heritage Insurance Holdings, Inc.(HRTG)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Heritage Insurance Holdings, Inc. (HRTG) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores HRTG at 64.4/100 on a 32-signal composite quality model, placing it at rank #552 of 2,962 stocks — the top 25% of the AI-ranked universe. HRTG scores in the top quartile across profitability (88.6), free cash flow (87.7), balance sheet strength (82.5). Based on the latest XBRL financial filings (Q2 2026), Heritage Insurance Holdings, Inc. reports quarterly revenue of $214.2M, net income of $61.7M, an operating margin of 39.1%. Top institutional holders of HRTG by reported 13-F value include BlackRock, DIMENSIONAL FUND ADVISORS, AMERICAN CENTURY COMPANIES, based on the most recent SEC filings. HRTG trades on the NYSE exchange and files with the SEC under CIK 1598665. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HRTG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Heritage Insurance Holdings, Inc. directly from SEC EDGAR.
AI Quality Score
64.4/100
AI Rank
#552
Revenue
$214.2M
Net Income
$61.7M
Free Cash Flow
$141.0M
Operating Margin
39.1%
HRTG key financials by period
Heritage Insurance Holdings, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K/A
$847.3M
$195.6M
31.5%
FY 2024
10-K/A
$817.0M
$61.5M
11.5%
FY 2023
10-K/A
$735.5M
$45.3M
8.6%
FY 2022
10-K/A
$662.5M
$-154.4M
-23.8%
FY 2021
10-K
$631.6M
$-74.7M
-10.8%
FY 2020
10-K
$593.4M
$9.3M
1.7%
Institutions holding HRTG
Institutional investors reporting a position in Heritage Insurance Holdings, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-07 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Net income rose 28.5% YoY to $61.7 million as the net combined ratio improved 8.0 points to 64.9%, driven by $23.4 million of favorable prior-year reserve development.
Biggest Revenue Drivers
Net premiums earned$201.1M+2.4% YoY
Lower ceded premiums from the reduced northeast quota share program and June 2026 CAT XOL savings offset a decline in commercial residential business.
Net investment income$10.6M+17.3% YoY
Higher average invested asset balances and reinvestment of maturing assets at higher yields.
Biggest Revenue Drivers
Total revenue: $214.2M+3.0% YoY
Net premiums earned$201.1M+2.4% YoY
Lower ceded premiums from the reduced northeast quota share program and June 2026 CAT XOL savings offset a decline in commercial residential business.
Net investment income$10.6M+17.3% YoY
Higher average invested asset balances and reinvestment of maturing assets at higher yields.
Other revenue$2.5M-6.3% YoY
Largest Expense Items
Losses and loss adjustment expenses$61.1M-19.3% YoY
Net favorable prior-year loss reserve development of $23.4 million (vs. $2.3 million prior year) and lower weather losses of $11.5 million (vs. $12.5 million).
Policy acquisition costs$45.5M+5.5% YoY
Reduction in ceding commissions following the year-end 2025 cut to the net quota share program, plus higher policy-related costs.
General and administrative expenses$23.8M-2.5% YoY
Lower municipal tax expense and regulatory compliance costs.
Margins: Net combined ratio improved 8.0 points to 64.9% from 72.9%, driven by an 8.1-point drop in the net loss ratio to 30.4% on favorable reserve development and lower weather losses, while the net expense ratio held flat at 34.5%.
Watch Items from the Filing
Net favorable prior-year reserve development was $23.4 million in Q2 2026 versus just $2.3 million in Q2 2025, a large driver of the loss ratio improvement and earnings growth.
Commercial residential premiums-in-force fell 12.7% YoY to $236.7 million amid intense competition in the Florida commercial residential market; total policies-in-force declined 5.2% YoY.
Business remains concentrated in coastal, hurricane-exposed states, with 2026-2027 catastrophe reinsurance first-event limits of $1.865B (Heritage P&C), $1.245B (NBIC) and $1.0B (Zephyr).
Board authorized a new $50.0 million share repurchase plan in May 2026; $37.4 million of capacity remained as of June 30, 2026 after repurchasing 1,001,508 shares in H1 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
