Heritage 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 Alabama, Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, South Carolina, and Virginia; and commercial residential insurance in Florida, New Jersey, and New York, as well as residential wind-only property and multi-peril property insurance. 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 8 wholesale agency relationships. It also provides restoration, and emergency and recovery services; and property management, retail agency, and reinsurance services. The company was founded in 2012 and is headquartered in Clearwater, Florida.
IPO Year: 2014
Exchange: NYSE
Website: heritagepci.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/9/2024 | $9.00 → $13.00 | Neutral → Overweight | Piper Sandler |
| 3/13/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 2/13/2023 | $4.30 → $2.20 | Overweight → Neutral | Piper Sandler |
| 10/15/2021 | $14.00 → $12.00 | Market Outperform | JMP Securities |
TAMPA, Fla., May 8, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that it has fully placed its 2025-2026 indemnity based, catastrophe excess-of-loss reinsurance program for its insurance subsidiaries, Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company. Ernie Garateix, CEO of Heritage, commented, "I am very pleased to announce the successful completion of our 2025-2026 catastrophe excess of loss reinsurance program which demonstrates the strong commitment that we have from our reinsurance partners. In
TAMPA, Fla., May 6, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2025 financial results. First Quarter 2025 Result Highlights Net income of $30.5 million or $0.99 per diluted share, improved from net income of $14.2 million or $0.47 per diluted share in the prior year quarter. First quarter 2025 included a net pre-tax impact of $31.8 million of net losses and loss adjustment expenses related to the California wildfires.Gross pr
TAMPA, Fla., April 22, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025, followed by a 9:00 am ET conference call and webcast on Wednesday, May 7, 2025. Conference Call Details:Participant Dial-in: 1-888-346-3095International Dial-in: 1-412-902-4258Telephone participants should ask to be joined into the Heritage Insurance Holdings First Quarter 2025 Earnings Call
TAMPA, Fla., March 11, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported fourth quarter of 2024 financial results. Fourth Quarter 2024 Result Highlights Net income of $20.3 million or $0.66 per diluted share, a decrease compared to net income of $30.9 million or $1.15 per diluted share in the prior year quarter. Fourth quarter of 2024 included a $57.0 million pre-tax impact related to Hurricane Milton losses and associated reinstatement premium.Gro
TAMPA, Fla., Feb. 5, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce its fourth quarter and full year 2024 financial results after the market closes on Tuesday, March 11, 2025, followed by a 9:00 am ET conference call and webcast on Wednesday, March 12, 2025. Conference Call Details:Participant Dial-in: 1-888-346-3095International Dial-in: 1-412-902-4258Telephone participants should ask to be joined into the Heritage Insurance Holdings Fourth Quart
TAMPA, Fla., Jan. 29, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today provided an update on the Company's fourth quarter 2024 financial results as well as an estimate of catastrophe loss from the Southern California wildfires expected to be incurred in the first quarter 2025. Fourth Quarter 2024 Update:The Company expects to deliver its best earnings quarter of the year in the fourth quarter of 2024, exceeding the $18.9 million of after-tax net income achie
TAMPA, Fla., Dec. 9, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that its Board of Directors authorized a new share repurchase plan of $10.0 million (the "New Share Repurchase Plan") commencing upon the December 31, 2024 expiration of the prior $10.0 million share repurchase program (the "Prior Share Repurchase Plan"). Under the New Share Repurchase Plan, the Company is authorized to repurchase shares through open market purchases, privately
TAMPA, Fla., Nov. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported third quarter of 2024 financial results. Third Quarter 2024 Result Highlights Net income of $8.2 million or $0.27 per diluted share, improved from net loss of ($7.4) million or ($0.28) per diluted share in the prior year quarterGross premiums earned of $354.2 million, up 5.1% from $337.0 million in the prior year quarterNet premiums earned of $198.8 million, up 12.6% from $176.6
TAMPA, Fla., Oct. 22, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced estimated losses for Hurricanes Debby, Helene, and Milton. Ernie Garateix, CEO at Heritage, commented, "Our thoughts are with those impacted by the devastating hurricanes that have ravaged so many communities across the southeast. This has been a difficult storm season leaving millions with significant damage and loss. At Heritage, we are working tirelessly to support our clai
TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter.Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prior year quarter.Net premiums earned of $190.3 million, up 7.6% from $176.
Piper Sandler upgraded Heritage Insurance from Neutral to Overweight and set a new price target of $13.00 from $9.00 previously
JMP Securities downgraded Heritage Insurance from Mkt Outperform to Mkt Perform
Piper Sandler downgraded Heritage Insurance from Overweight to Neutral and set a new price target of $2.20 from $4.30 previously
JMP Securities reiterated coverage of Heritage Insurance Hldgs with a rating of Market Outperform and set a new price target of $12.00 from $14.00 previously
TAMPA, Fla., May 6, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2025 financial results. First Quarter 2025 Result Highlights Net income of $30.5 million or $0.99 per diluted share, improved from net income of $14.2 million or $0.47 per diluted share in the prior year quarter. First quarter 2025 included a net pre-tax impact of $31.8 million of net losses and loss adjustment expenses related to the California wildfires.Gross pr
TAMPA, Fla., April 22, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025, followed by a 9:00 am ET conference call and webcast on Wednesday, May 7, 2025. Conference Call Details:Participant Dial-in: 1-888-346-3095International Dial-in: 1-412-902-4258Telephone participants should ask to be joined into the Heritage Insurance Holdings First Quarter 2025 Earnings Call
TAMPA, Fla., March 11, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported fourth quarter of 2024 financial results. Fourth Quarter 2024 Result Highlights Net income of $20.3 million or $0.66 per diluted share, a decrease compared to net income of $30.9 million or $1.15 per diluted share in the prior year quarter. Fourth quarter of 2024 included a $57.0 million pre-tax impact related to Hurricane Milton losses and associated reinstatement premium.Gro
TAMPA, Fla., Feb. 5, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce its fourth quarter and full year 2024 financial results after the market closes on Tuesday, March 11, 2025, followed by a 9:00 am ET conference call and webcast on Wednesday, March 12, 2025. Conference Call Details:Participant Dial-in: 1-888-346-3095International Dial-in: 1-412-902-4258Telephone participants should ask to be joined into the Heritage Insurance Holdings Fourth Quart
TAMPA, Fla., Nov. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported third quarter of 2024 financial results. Third Quarter 2024 Result Highlights Net income of $8.2 million or $0.27 per diluted share, improved from net loss of ($7.4) million or ($0.28) per diluted share in the prior year quarterGross premiums earned of $354.2 million, up 5.1% from $337.0 million in the prior year quarterNet premiums earned of $198.8 million, up 12.6% from $176.6
TAMPA, Fla., Oct. 22, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced estimated losses for Hurricanes Debby, Helene, and Milton. Ernie Garateix, CEO at Heritage, commented, "Our thoughts are with those impacted by the devastating hurricanes that have ravaged so many communities across the southeast. This has been a difficult storm season leaving millions with significant damage and loss. At Heritage, we are working tirelessly to support our clai
TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter.Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prior year quarter.Net premiums earned of $190.3 million, up 7.6% from $176.
TAMPA, Fla., July 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024, followed by a 9:00 am ET conference call and webcast on Wednesday, August 7, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdin
TAMPA, Fla., May 1, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights First quarter net income of $14.2 million or $0.47 per diluted share improved from net income of $14.0 million or $0.55 per diluted share in the prior year quarter, primarily driven by an increase in net premiums earned, and higher net investment income, which is partly offset by higher operating expenses
TAMPA, Fla., April 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024, followed by a 9:00 am ET conference call and webcast on Thursday, May 2, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Participant International Dial In: 1-412-902-4258 Telephone participants should ask to be joined into the Heritage Insurance Holdings ca
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
SC 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
TAMPA, Fla., July 16, 2024 /PRNewswire/ -- Heritage Insurance Holdings Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced its inclusion in the Russell 3000® Index, as confirmed by the reconstitution information posted on the FTSE Russell website. The inclusion into the index took effect at the opening of the U.S. equity markets on Monday July 1, 2024. "We are pleased to join the esteemed Russell indexes," said Ernie Garateix, Chief Executive Officer of Heritage Insurance. "Our re-inclusion reflects
TAMPA, Fla., March 9, 2023 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE:HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today announced the appointment of Paul Whiting to the Company's Board of Directors, effective immediately, to fill a recent vacancy. "We are honored to welcome Paul to Heritage's Board of Directors and look forward to his contributions," said Richard Widdicombe, Heritage Chair of the Board of Directors. "Paul's wealth of public company experience makes him a valuable addition to our Board as
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
DEFA14A - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
DEF 14A - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
SCHEDULE 13G/A - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
10-K/A - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
10-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
8-K - Heritage Insurance Holdings, Inc. (0001598665) (Filer)
SCHEDULE 13G - Heritage Insurance Holdings, Inc. (0001598665) (Subject)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)
4 - Heritage Insurance Holdings, Inc. (0001598665) (Issuer)