Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Valu ...

For the quarter ended June 2024, Heritage Insurance (HRTG) reported revenue of $203.57 million, up 9.9% over the same period last year. EPS came in at $0.61, compared to $0.32 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $196.81 million, representing a surprise of +3.44%. The company delivered an EPS surprise of +60.53%, with the consensus EPS estimate being $0.38. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Heritage Insurance (HRTG) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 60.53%. A quarter ago, it was expected that this property and casualty insurance holding company would post earnings of $0.61 per share when it actually produced earnings of $0.47, delivering a surprise of -22. ...

TAMPA, Fla., Aug. 6, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported second quarter of 2024 financial results. Second Quarter 2024 Result Highlights Net income of $18.9 million or $0.61 per diluted share, improved from net income of $7.8 million or $0.30 per diluted share in the prior year quarter. Gross premiums earned of $350.1 million, up 6.1% from $330.0 million in the prio ...

TAMPA, Fla., July 18, 2024 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, will announce second quarter 2024 financial results after the market closes on Tuesday, August 6, 2024, followed by a 9:00 am ET conference call and webcast on Wednesday, August 7, 2024. Conference Call Details: Participant Dial-in Numbers Toll Free: 1-888-346-3095 Telephone participants should ask to be joined into the Her ...

These three stocks, all under $10, have a good chance of making enormous profits by 2026. Every business has unique advantages and strategic plans that set them up for substantial value growth. Heritage (HRTG) The average premium for each insurance has increased due to Heritage's (NYSE:HRTG) deliberate focus on attaining rate adequacy and underwriting discipline. Compared to Q1 2023, this method increased net premiums generated by 8.1% in Q1 2024. Further, considerable rating measures implemented by the com ...

"Our commitment to providing Florida with affordable and reliable insurance solutions remains steadfast," said Ernie Garateix, Chief Executive Officer of Heritage Insurance. "The approved rate decrease is a testament to our efforts in effective risk management and strategic underwriting practices, as well as the favorable impact of legislative changes made in the 2022 special session of the Florida legislature. We are dedicated to offering our customers essential homeowners insurance while maintaining the h ...

Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. (Exact name of Registrant as specified in its charter) (State of Incorporation) (IRS Employer Delaware 45-5338504 Identification No.) ...

Heritage Insurance (HRTG) reported $191.3 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.1%. EPS of $0.47 for the same period compares to $0.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $189.05 million, representing a surprise of +1.19%. The company delivered an EPS surprise of -22.95%, with the consensus EPS estimate being $0.61.While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...

Exhibit 99.1 Heritage Reports First Quarter 2024 Results Tampa, FL – May 1, 2024: Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2024 financial results. First Quarter 2024 Result Highlights "I'm pleased to see the momentum of our efforts to respond to market conditions continues to produce our intended results," remarked Ernie Garateix, CEO at Heritage. "Our average premium has in ...