Raymond James rates Heritage Insurance stock Market Perform

Published on 10/20/2026 at 21:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income reached USD 61.71 million versus USD 48.02 million. Heritage Insurance stock costs EUR 33.19 on October 20, 2026 after hours.

Analyst view and reporting date

Raymond James initiated coverage with a Market Perform rating on October 16, 2026.
Second-quarter net income reached USD 61.71 million versus USD 48.02 million a year earlier.
Heritage Insurance stock costs EUR 33.19 at Lang & Schwarz on October 20, 2026 at 8:54 p.m. CEST.

HRTG, US42727J1025, Illustration mit AI erstellt.

Heritage Insurance (ISIN US42727J1025) received a Market Perform rating when Raymond James initiated coverage on October 16, 2026, according to Investing.com. The report cited restored profitability after multi-year underwriting remediation and highlighted exposure to commercial residential insurance. Heritage Insurance was trading at EUR 33.19 at Lang & Schwarz on October 20, 2026 at 8:54 p.m. CEST.

Q2 profit reached USD 61.71 million

Heritage reported USD 214.20 million of revenue for the second quarter of 2026, compared with USD 208.04 million a year earlier, an increase of 2.96 percent. Net income rose to USD 61.71 million from USD 48.02 million, a 28.50 percent increase, according to Markets Insider.

Price position and valuation

On the NYSE, HRTG was trading at USD 37.31 on October 20, 2026 at 2:59 p.m. ET, with a volume of 119,925 shares. The same market quote put the 52-week range at USD 20.48 to USD 37.36, leaving the stock USD 0.05 below its high. The market capitalization was USD 1.1 billion and the price-to-earnings ratio was 5.31.

Results dates are set for October

Heritage will announce third-quarter 2026 results after the market close on October 28, 2026, and will hold its earnings call on October 29, 2026, according to PR Newswire. The company said the call would begin at 9:00 a.m. ET, giving investors two defined dates for the next operating update.

Coverage is split between growth and risk

Raymond James emphasized that residential policy growth could offset pressure in commercial residential insurance, where Heritage has comparatively high exposure among Florida property insurers, according to Investing.com. That leaves the October results as the next numerical test of whether stronger residential demand can offset commercial exposure.

Heritage Insurance stock after hours

Heritage Insurance stock was trading at EUR 33.19 at Lang & Schwarz on October 20, 2026 at 8:54 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Heritage Insurance stock.