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Heritage Insurance reports Q3 2026 net income rise to $51.1M despite $15.8M catastrophe losses, EPS up 5.5%.

Company Fundamentals
28 Oct 2026, 23:17 WIB
PRNewsWire
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Bullish
Heritage Insurance reports Q3 2026 net income rise to $51.1M despite $15.8M catastrophe losses, EPS up 5.5%.

Heritage Insurance Holdings reported a 15.8% increase in year-to-date net income to $149.3 million and a 5.5% rise in Q3 2026 earnings per share to $1.72, despite $15.8 million in catastrophe losses from hurricanes and other weather events. Total revenue grew 3.2% to $219.2 million, driven by higher net premiums earned and investment income. The company maintained strong underwriting discipline amid competitive market pressures, repurchased over 1.1 million shares in 2026, and announced a new $50 million share buyback program for 2027. Heritage remains focused on profitability, geographic diversification, and leveraging technology to sustain growth and manage risk.

Heritage Insurance Holdings reported a 15.8% increase in year-to-date net income to $149.3 million. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 29, 2026 03:01 WIB: out of 142 priced US Financials stocks, 85 rose and 56 fell today. Notable movers include OWL at USD 9.71 (+4.35%), Deutsche Bank AG (DB) at USD 33.49 (+4.27%) with a Pluang order activity of 37% Sell / 63% Buy and a typical hold time of 81 days, and CleanSpark Inc (CLSK) at USD 8.54 (+4.21%) with similar order activity and a 23-day hold time.

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