Truist reaffirmed Buy for Heritage Insurance stock at USD 42.00

Published on 10/08/2026 at 19:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 214.19 million against USD 212.71 million consensus. Heritage Insurance stock costs EUR 30.95 on October 8, 2026 after EUR 31.05.

Key points in brief

Truist reaffirmed a Buy rating and a USD 42.00 target for Heritage Insurance on October 2, 2026.
Second-quarter 2026 revenue reached USD 214.19 million, versus USD 212.71 million consensus.
HRTG was trading at EUR 30.95 at Lang & Schwarz on October 8, 2026, down 0.32 percent from EUR 31.05.
The company reported USD 61.71 million in second-quarter 2026 net income and USD 2.05 adjusted earnings per share.

HRTG, US42727J1025, Illustration mit AI erstellt.

Truist reaffirmed a Buy rating and a USD 42.00 price target for Heritage Insurance stock on October 2, 2026, according to Markets Insider. The target gives the latest analyst view a clear numerical anchor, while the company enters the next reporting cycle after a profitable second quarter.

Three dated signals shape HRTG

On August 5, 2026, Heritage reported second-quarter revenue of USD 214.19 million and diluted earnings per share of USD 2.05, according to MarketBeat.

On September 17, 2026, the company announced that CFO Kirk Lusk would present at the Sidoti Small Cap Conference on September 23, with the presentation scheduled for 3:15 p.m. ET, per PR Newswire.

On October 2, 2026, Truist's USD 42.00 target and Buy rating became the latest dated analyst signal. Markets Insider also reported quarterly revenue of USD 214.20 million and net profit of USD 61.71 million for the quarter ended June 30, 2026.

What does the profit beat change?

The second-quarter revenue of USD 214.19 million exceeded the USD 212.71 million consensus estimate, a USD 1.48 million difference, while diluted earnings per share of USD 2.05 exceeded the USD 1.25 consensus by USD 0.80, according to MarketBeat. That combination puts underwriting profitability ahead of simple premium growth in the current investor narrative.

MarketBeat reported a second-quarter net margin of 25.19 percent and return on equity of 42.41 percent. The same report cited a 52-week NYSE range of USD 20.48 to USD 36.50, with the stock's reported USD 33.25 price below the annual high.

For the balance sheet, Heritage ended the second quarter with USD 2.5 billion in total assets, USD 567 million in total equity and USD 19.09 in book value per share, according to MarketBeat. The company also held a USD 50 million share-repurchase authorization through the end of 2026, with USD 24.6 million spent through June.

Next date and stock context

Yahoo Finance lists November 4, 2026 as Heritage's estimated next earnings date, giving the market a forward calendar marker after the August 5 results. The latest consensus target cited by Markets Insider was USD 36.50 across five analysts, below Truist's USD 42.00 target.

Heritage Insurance Holdings, Inc. operates in Financial Services and Insurance - Property & Casualty. Finance data put its market capitalization at USD 1.1 billion as of October 8, 2026, while the primary exchange context was NYSE.

HRTG trades lower in euros

HRTG was trading at EUR 30.95 at Lang & Schwarz on October 8, 2026 at 7:04 p.m. CEST, down 0.32 percent versus the Lang & Schwarz prior close of EUR 31.05 on October 7, 2026. On the NYSE, the stock was last at USD 34.74 on October 8, 2026 at 1:08 p.m. ET, against a 52-week range of USD 20.48 to USD 36.50.

The further course of trading is shown by the continuously updated real-time quote of Heritage Insurance stock.