NYSE$HRTG

Heritage Insurance Holdings · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Heritage Insurance reported Q1 2025, revenue of $211.5M, net income of $30.5M, diluted EPS of $0.99.

For Q1 2025, Heritage Insurance reported revenue of $211.5M, net income of $30.5M, diluted EPS was $0.99. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $211.5M.
  • Net income $30.5M.
  • Diluted EPS $0.99.

Headline financials

Total Revenue

$212M

Previous: $191M+10.6%
EPS (adj)

$0.99

Previous: $0.47+110.6%
Gross premiums written growth

-0.2%

Previous: 356684000.0%-100.0%
Ceded premium ratio

43.5%

Previous: 47.4%-8.2%
Net loss ratio

49.7%

Previous: 56.9%-12.7%
Net expense ratio

34.8%

Previous: 37.1%-6.2%
Net combined ratio

84.5%

Previous: 94.0%-10.1%
Net premiums earned growth

11.5%

Previous: 179426000.0%-100.0%
Return on average equity

39.3%

Previous: 25.0%+57.2%
Premiums in force

$1.43B

Previous: $1.39B+3.3%
Book value per share

$10.62

Previous: $7.67+38.5%
Capital Expenditures

-$2.1M

Previous: -$229K-815.3%
Net Income

$30.5M

Previous: $14.2M+114.2%
Operating Income

$42.4M

Previous: $22.7M+86.9%

Revenue & EPS history

Heritage Insurance · Revenue · Quarterly

$212M

Q1 2025+10.6%vs Q1 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity and balance-sheet capacity support operations.
  • Strategic initiatives outlined in MD&A.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect year-over-year comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+3.3%

Avg return

Earnings day

+7.4%

Avg return

5 days after

+9.5%

Avg return

30 days after

66%

35 / 53 earnings

Positive

+37.8%

Q2 2022

Best reaction

-21.9%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-20.0%-21.6%-21.0%
Q4 2025-0.1%+5.0%-1.0%
Q3 2025+12.7%+19.3%+8.0%
Q1 2025+23.1%+27.0%+26.3%
Q4 2024+1.0%+7.7%+36.6%
Q3 2024+6.6%+13.4%+11.2%
Q2 2024+2.1%+42.5%+124.4%
Q1 2024-21.9%-19.5%-16.7%
Q4 2023+28.2%+17.6%+41.8%
Q3 2023+13.5%+24.5%+43.9%
Q2 2023+8.0%+16.2%-0.2%
Q1 2023+10.6%+34.4%+41.2%
Q4 2022+36.8%+43.2%+15.8%
Q3 2022-20.0%-15.4%-8.0%
Q2 2022+37.8%+24.4%+6.7%
Q1 2022-9.5%-22.1%-11.2%
Q4 2021+16.9%+14.7%+17.5%
Q3 2021-3.7%-6.5%-5.6%
Q2 2021+3.4%+6.9%-4.7%
Q1 2021-4.4%+0.3%-7.9%
Q4 2020+1.7%+10.4%+9.6%
Q3 2020+3.1%-4.0%+9.0%
Q2 2020+7.2%+14.2%+10.0%
Q1 2020+3.4%+11.0%+19.2%
Q4 2019-6.0%-1.1%-15.2%
Q3 2019+12.0%+5.8%-0.2%
Q2 2019+3.5%+2.5%-2.5%
Q1 2019+4.2%+9.7%+15.1%
Q4 2018+1.3%-7.6%-3.0%
Q3 2018+6.7%+13.8%+13.9%
Q2 2018-9.6%-9.7%-11.8%
Q1 2018+5.9%+12.2%+10.7%
Q4 2017+2.9%+2.1%-6.3%
Q3 2017+2.6%+5.2%+12.2%
Q2 2017+6.1%-8.1%-24.4%
Q1 2017+7.9%+3.5%+7.3%
Q4 2016-8.9%-12.0%-19.4%
Q3 2016+11.6%+19.8%+34.7%
Q2 2016+13.8%+10.6%+13.8%
Q1 2016-2.6%
Q4 2015-11.7%
Q3 2015+4.9%
Q2 2015-13.4%
Q1 2014-0.9%
Q1 2015+1.4%
Q4 2012-1.1%
Q3 2013-1.1%
Q1 2013-1.1%
Q4 2014+0.8%
Q3 2014+5.4%
Q2 2013+2.1%
Q4 2013+2.1%
Q2 2014-0.2%

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