Core Viewpoint - Heritage Insurance (HRTG) reported quarterly earnings of $0.99 per share, significantly exceeding the Zacks Consensus Estimate of $0.46 per share, and up from $0.47 per share a year ago [1][2] Earnings Performance - The earnings surprise for the quarter was 115.22%, following a previous surprise of 26.92% when actual earnings were $0.66 per share against an expectation of $0.52 [2] - Over the last four quarters, Heritage Insurance has consistently surpassed consensus EPS estimates [2] Revenue Performance - The company reported revenues of $211.52 million for the quarter, which was 1.01% below the Zacks Consensus Estimate, but an increase from $191.3 million year-over-year [3] - Heritage Insurance has exceeded consensus revenue estimates three times in the last four quarters [3] Stock Performance - Since the beginning of the year, Heritage Insurance shares have increased by approximately 65.3%, contrasting with a decline of 3.9% in the S&P 500 [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.79 for the upcoming quarter and $2.43 for the current fiscal year [5][8] - The Zacks Rank for Heritage Insurance is currently 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The Insurance - Property and Casualty industry is ranked in the top 17% of over 250 Zacks industries, suggesting a favorable environment for stock performance [9]

Exhibit 99.1 Heritage Reports First Quarter 2025 Results Tampa, FL – May 6, 2025: Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2025 financial results. First Quarter 2025 Result Highlights "Our first quarter results have once again demonstrated the resilience of our business model as a property insurer operating in catastrophe exposed geographies," remarked Ernie Garateix, Herita ...

TAMPA, Fla., May 6, 2025 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2025 financial results.First Quarter 2025 Result Highlights Net income of $30.5 million or $0.99 per diluted share, improved from net income of $14.2 million or $0.47 per diluted share in the prior year quarter. First quarter 2025 included a net pre-tax impact of $31.8 million of net losses an ...

Heritage Insurance (HRTG) is expected to witness an improvement in its top line but a decline in its bottom line when it reports first-quarter 2025 results on May 6. The Zacks Consensus Estimate for HRTG’s first-quarter revenues is pegged at $213.7 million, indicating an 11.7% increase from the year-ago reported figure.The consensus estimate for earnings is pegged at 46 cents per share. The Zacks Consensus Estimate for HRTG’s first-quarter earnings has witnessed no movement in the past 30 days. The estimate ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

Heritage Insurance (HRTG) shares ended the last trading session 7.4% higher at $17.43. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 18.3% gain over the past four weeks.Heritage Insurance is poised to grow on better pricing, increasing top line, expanding margins and solid earnings as well as growing commercial residential business. Heritage Insurance remains focused on augmenting profitability by selective profi ...

In order to see if HRTG is a promising momentum pick, let's examine some Momentum Style elements to see if this property and casualty insurance holding company holds up. Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a cou ...

Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. HRTG has a P/S ratio of 0.76. This compares to its industry's average P/S of 1.32. Finally, investors should note that HRTG has a P/CF ratio of 6.54. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on t ...

Per CoreLogic, the risk modelling and catastrophe data company, the initial estimate for insured losses from the Los Angeles, California wildfires, is expected to be between $35 billion and $45 billion. Per Moody's RMS Event Response, the insured losses for the January 2025 Los Angeles firestorm events are estimated in the range of $20-$30 billion. Global commercial insurance rates decreased 2% in the fourth quarter of 2024, which marked the second consecutive quarterly decrease after seven years of rising ...

The article is for informational purposes only (not a solicitation or recommendation to buy or sell stocks). David is not a registered investment adviser. Investors should do their own research or consult a financial adviser to determine what investments are appropriate for their individual situation. This article expresses my opinions, and I cannot guarantee that the information/results will be accurate. Investing in stocks involves risk and could result in losses. Seeking Alpha's Disclosure: Past performa ...