Reading the tape
NYSE: HRTG
Heritage Insurance Holdings, Inc.
Financial Services · Insurance - Property & Casualty
Market Cap
$873.40M
52w High
$31.98
52w Low
$16.83
P/E
4.49
Volume
185.89K
Outstanding Shares
30.72M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 42.15%Revenue (TTM): 2.18%FCF (TTM): 123.81%P/FCF: 62nd pct
What changed
The stock rose 42.15% over the last year. Revenue grew 2.18% over the trailing twelve months. Operating margin moved from 9.97% to 31.7%. Free cash flow grew 123.81% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/FCF range (62nd percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 31.7% — continued expansion would be needed to justify the premium. Revenue growth of 2.18% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
Heritage Insurance Holdings, Inc., through its subsidiaries, provides personal and commercial residential insurance products.
CEOErnesto Jose Garateix
SectorFinancial Services
IndustryInsurance - Property & Casualty
Employees540
IPO dateMay 23, 2014
Valuation
Forward P/E—
EV/EBITDA1.59
Enterprise value$444.4M
Price / Book1.73
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth2.4%
Gross margin47.2%▲188.09%vs FY2024
Operating margin31.7%▲202.36%vs FY2024
ROE38.71%▲82.93%vs FY2024
Analyst consensus
RatingBuy
Target price$39.00▲37.18%
5
Buy
4
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $1.53 · Revenue est $215.39M
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