HRTGHeritage Insurance Holdings, Inc.
The Read
7% on a Q1 2026 earnings miss despite management citing record profitability.
The schedule
- Thu15Oct
The peak of the Atlantic hurricane season typically prompts P&C insurers to release pre-announced catastrophe loss estimates ahead of Q3 earnings.
- Sun31Jan
Q3 earnings will formally incorporate the financial impacts of the hurricane season, alongside updates on geographic diversification and premium rate adequacy.
- Tue9Feb
Full-year results and initial 2027 guidance, setting expectations for premium growth, capital returns, and expected underwriting profitability.
- Mon10May
Q1 earnings provide an early look at the new year's core underwriting margins and capital deployment prior to the subsequent mid-year reinsurance renewals.
Past
- Wed5Aug
Actual outcome: Bull · $32.96 at outcome
Heritage Insurance reported record second-quarter net income with earnings of $2.05 per share, significantly beating consensus estimates. The strong results were driven by lower weather-related losses, favorable reserve development, higher net premiums earned, and increased investment income, which reassured investors following the previous quarter's miss and propelled the stock past the $32.00 bull target.
Scheduled Q2 2026 earnings announcement, where the market will scrutinize combined ratios, policy growth, and management's commentary following the Q1 earnings miss.
- Wed15Jul
Actual outcome: Mixed · $26.23 at outcome
Heritage's stock was initially flat following the mid-year reinsurance program finalization, but it subsequently surged to $33.86 by mid-August, easily exceeding the $29.50 bull target. The lack of adverse announcements regarding the reinsurance placements reassured investors about the company's cost structure and margin profile heading into the peak North Atlantic hurricane season, which, along with the routine scheduling of its Q2 earnings, ultimately drove the stock's significant rally.
Heritage will finalize its mid-year reinsurance placements, establishing the cost structure and margin profile ahead of the peak North Atlantic hurricane season.
- Tue12May
Actual outcome: Bear · $22.50 at outcome
Heritage Insurance missed Zacks consensus estimates for Q1, reporting earnings of $1.19 per share against expectations of $1.53, alongside a revenue miss. Although management highlighted record first-quarter profitability driven by improved underwriting and rate actions, the headline earnings miss disappointed investors and drove the stock well below the $26.50 bear floor.
- Tue10Mar
Actual outcome: Bull · $28.07 at outcome
Heritage delivered a significant earnings beat of $2.15 per share against estimates ranging from $1.05 to $1.74, representing a massive increase over the prior year's $0.66. This performance was driven by disciplined underwriting, rate hikes, and geographic diversification, confirming that the company's profitability turnaround is sustainable. As of the run date, the stock has trended toward the bull target as investors reacted to the strong fundamental results and positive 2026 outlook.