Heritage Insurance Holdings, Inc. (HRTG) Form 8-K — Oct 28, 2026
Heritage Insurance reported Q3 2026 net income of $51.1 million ($1.72 diluted EPS, +5.5% YoY) despite absorbing $15.8 million of pre-tax catastrophe losses, versus no cat losses in the prior-year quarter. Total revenue rose 3.2% to $219.2 million, with net premiums earned up 5.4% and net investment income up 17.3%. Book value per share jumped 42.9% year over year to $20.22, annualized ROE was 35.1%, and the debt-to-capital ratio improved to 10.5% from 15.3%. The Board authorized a new $50 million buyback effective January 1, 2027, after the current program expires; Heritage has repurchased 1.1 million shares for $27.9 million in 2026.
Key figures
- Eps
- 1.72
- Revenue
- 219200000
- Net Income
- 51100000
- Total Assets
- 2262822000
- Cash Position
- 532098000
- Shares Outstanding
- 29632416
- Ytd net income
- 149300000
- Ytd eps diluted
- 4.94
- Buyback cost 2026
- 27900000
- Premiums in force
- 1399670000
- Pre tax cat losses
- 15800000
- Book value per share
- 20.22
- Net premiums earned q3
- 205600000
- Shares repurchased 2026
- 1101508
- New buyback authorization
- 50000000
- Favorable reserve development
- 14000000
- Cat reinsurance treaty savings
- 63200000
- Remaining buyback authorization
- 34100000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.