Heritage Insurance Holdings

HRTG

Market cap $889M

Heritage Insurance (HRTG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Heritage Insurance (HRTG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

TAMPA, Fla., Feb. 23, 2026 /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 preliminary fourth quarter 2025 financial results and announced its earnings release dates.

Heritage Insurance Holdings is reiterated as a buy with a $35 price target, reflecting confidence in continued earnings outperformance. HRTG delivered a stellar 9-month combined ratio of 76.8%, driven by a quiet storm season and improved costs. Q4 looks set to beat consensus again. EPS for 2025 is estimated at $5.63, a 7% beat over consensus, with valuation at just 6x forward earnings—well below peers.

Does Heritage Insurance (HRTG) have what it takes to be a top stock pick for momentum investors? Let's find out.

High bond yields and disciplined underwriting are set to boost the earnings power of MCY, HRTG and RNR in 2026.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Heritage Insurance has executed a successful turnaround, reflected in robust earnings, strong ROE, and disciplined underwriting. HRTG trades at a significant valuation discount despite 41.6% ROE and 98.6% EPS growth, presenting substantial upside potential. Forward P/E scenarios indicate price targets of $40.56 (8x) and $48.17 (9.5x), both well above current levels.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Five top-ranked P&C insurers, including TRV, RNR, ALL, MCY and HGTY stand out as stronger pricing and prudent underwriting lift the industry.