Earnings Releases·Oct 28, 2026, 4:25 PM ET

Heritage Insurance Holdings, Inc. — Third Quarter 2026 Earnings Summary

Q3 net income rose 1.4% to $51.1 million and diluted EPS increased 5.5% to $1.72; year-to-date net income grew 15.8% to $149.3 million with diluted EPS up 18.5% to $4.94.
Net combined ratio remained flat at 73.0% for Q3, while year-to-date improved to 72.9%; net loss ratio increased 1.3 points to 39.6% in Q3 due to $33.6 million in weather and catastrophe losses, though net favorable prior-year development reached $14.0 million.
Management announced a new share repurchase program authorizing up to $50.0 million through December 31, 2027, following $27.9 million in buybacks year-to-date, while total stockholders' equity increased 37.0% to $599.1 million.
Strategic outlook includes leveraging entry into the Texas excess and surplus lines market and deploying capital across geographies and products, despite a 3.1% decline in Q3 gross premiums written driven by competitive pricing pressure in the Florida commercial residential segment.