Heritage Insurance Holdings, Inc. (HRTG) - Stock Analysis
Last updated: Sep 5, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Heritage posted record Q2 net income of $61.7 million, up 28.5%, with diluted EPS rising 32.3% to $2.05 and the combined ratio improving to 64.9%. Operating cash flow increased 277% to $166.5 million, buybacks continued, and shares ended August 28 at $33.86, about 12% above their August 3 close.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Strong Profitability ⢠Net Cash Position ⢠High Liabilities HRTG offers strong profitability, cash generation, net cash, and low valuation, but elevated liabilities and working-capital exposure warrant caution.
Price Behavior
Key Price Behavior Insights: ⢠Higher lows ⢠Resistance rejection ⢠Neutral momentum Support Level: $33.60â$33.75 Resistance Level: $34.90â$35.20 HRTG's last-month uptrend remains constructive above $33.60â$33.75 support, but rejection near $34.90â$35.20 means a breakout above $35 is needed for bullish confirmation.
Sentiment & News
Key News Insights: ⢠Record earnings ⢠Golden cross ⢠Value momentum Heritage Insurance's record Q2 earnings, positive technical signals, and value recognition support a bullish outlook despite mixed institutional activity.
AI Summary
HRTG has become a cash-rich, low-multiple insurer with substantial earnings power, but the investment hinges on proving that current margins and free cash flow can withstand normalized catastrophe losses and reserve development; consider upside more credible only if underwriting remains robust and shares decisively clear $35.
Description
Heritage Insurance Holdings, through its subsidiaries, provides personal and commercial residential property insurance and related servicesâincluding restoration, emergency recovery, property management and reinsuranceâacross a portfolio of select U.S. states. The company distributes policies via retail and wholesale independent agents, a direct agency partnership and agreements that extend its reach to roughly 1,500 retail locations and about 70 independent agencies; it was founded in 2012 and is headquartered in Tampa, Florida.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Aug 31 | Sep 7 | HRTG | Heritage Insurance Holdings, Inc. | Heritage posted record Q2 net income of $61.7 million, up 28.5%, with diluted EPS rising 32.3% to $2.05 and the combined ratio improving to 64.9%. Operating cash flow increased 277% to $166.5 million, buybacks continued, and shares ended August 28 at $33.86, about 12% above their August 3 close. | Active | +1.0% |