The earnings call reflects a predominantly positive sentiment, with significant increases in net income, improvements in the net loss ratio, and successful refinancing efforts. Despite some decreases in policies in-force and investment income, the overall financial performance and strategic positioning suggest strong growth potential and stability.

Company Guidance

In the second quarter of 2025, Heritage Insurance Holdings reported a robust net income of $48 million, a significant improvement from $18.9 million in the same period last year. This increase was attributed to strategic initiatives that enhanced rate adequacy, exposure management, and underwriting discipline, resulting in a decrease in policies in-force by over 200,000 over the past four years while increasing in-force premium from $1.1 billion to $1.4 billion. The company's new business production surged 46% from the second quarter of 2024, marking the highest level since 2022, with notable growth in the Northeast and Mid-Atlantic regions, particularly New York and Virginia. Gross premiums earned rose to $353.6 million, a 1% increase, while net premiums earned grew by 3.2% to $196.3 million. The net loss ratio improved to 38.5% from 55.7% in the previous year, driven by lower net losses and increased premiums. Additionally, the net combined ratio improved to 72.9%. Heritage also successfully refinanced its senior credit facilities, increasing the facility to $200 million with more favorable terms. Looking ahead, the company anticipates continued growth and expansion, supported by strategic investments in technology and infrastructure.

Significant Increase in Net Income

Net income increased to $48 million in Q2 2025, up from $18.9 million in Q2 2024, reflecting strong financial performance and effective strategic initiatives.

Net Loss Ratio Improvement

The net loss ratio improved by 17.2 points to 38.5% from 55.7% in the previous year, attributed to enhanced underwriting strategies and favorable reserve developments.

Growth in Gross Premiums Earned

Gross premiums earned rose to $353.6 million, a 1% increase from the prior year, driven by business growth and rate actions.

Successful Refinancing of Credit Facilities

The company upsized its senior credit facility to $200 million from $150 million with more favorable terms, reflecting strong support from banking partners.

Decreased Weather and Catastrophe Losses

Net weather and catastrophe losses decreased by $7.2 million compared to the prior year, due to improved underwriting and reduced frequency of severe weather events.

Book Value Per Share Increase

The book value per share increased to $12.36 at June 30, 2025, up 48.6% from the second quarter of 2024, driven by strong net income and reduced unrealized losses.

Heritage Insurance Holdings (HRTG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HRTG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.47 / -	0.27	―	―	―
Aug 05, 2025	2025 (Q2)	1.01 / 1.55	0.61	154.10% (+0.94)
May 06, 2025	2025 (Q1)	0.45 / 0.99	0.47	110.64% (+0.52)	―
Mar 11, 2025	2024 (Q4)	0.56 / 0.66	1.15	-42.61% (-0.49)	―
Nov 06, 2024	2024 (Q3)	0.06 / 0.27	-0.28	196.43% (+0.55)	―
Aug 06, 2024	2024 (Q2)	0.37 / 0.61	0.32	90.62% (+0.29)	―
May 01, 2024	2024 (Q1)	0.59 / 0.47	0.55	-14.55% (-0.08)	―
Mar 11, 2024	2023 (Q4)	0.46 / 1.15	0.48	139.58% (+0.67)	―
Nov 02, 2023	2023 (Q3)	-0.21 / -0.28	-1.83	84.70% (+1.55)	―
Aug 08, 2023	2023 (Q2)	0.08 / 0.32	0.11	190.91% (+0.21)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HRTG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$21.66	$19.02	-12.19%
May 06, 2025	$19.83	$24.30	+22.54%
Mar 11, 2025	$11.88	$12.00	+1.01%
Nov 06, 2024	$11.29	$11.60	+2.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Heritage Insurance Holdings (HRTG) report earnings?

Heritage Insurance Holdings (HRTG) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Heritage Insurance Holdings (HRTG) earnings time?

Heritage Insurance Holdings (HRTG) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HRTG EPS forecast?

HRTG EPS forecast for the fiscal quarter 2025 (Q3) is 0.47.

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