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Heritage Insurance HoldingsHRTG -1.07%63 Earnings Yield (Joel Greenblatt) % is 105.26% as of Jun. 2026, which is 377% above its 10-year median of 22.07. GuruFocus rates HRTG with a GF Score™ of 63/100 and a GF Value™ of $26.87 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 511 Insurance companies, Heritage Insurance Holdings ranks better than 97.65% on this metric.
Heritage Insurance Holdings's Enterprise Value for the quarter that ended in Jun. 2026 was $279.6 Mil.
Heritage Insurance Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $294.5 Mil. Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 105.26%.
The historical rank and industry rank for Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
HRTG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4626.79 Med: 22.07 Max: 1986.21
Current: 59.52
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Heritage Insurance Holdings was 1986.21%. The lowest was -4626.79%. And the median was 22.07%.
HRTG's Earnings Yield (Joel Greenblatt) % is ranked better than 97.65% of 511
companies
in the Insurance industry
Industry Median: 7.05
vs HRTG: 59.52
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Heritage Insurance Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Heritage Insurance Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Heritage Insurance Holdings Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Property & Casualty subindustry, Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Heritage Insurance Holdings Earnings Yield (Joel Greenblatt) % vs Insurance Industry
For the Insurance industry and Financial Services sector, Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Heritage Insurance Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Heritage Insurance Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Heritage Insurance Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $294.5 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 105.26% mean?
Heritage Insurance Holdings (HRTG) has a Earnings Yield (Joel Greenblatt) % of 105.26% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Heritage Insurance Holdings and its competitors. This is 377% above median its historical median of 22.07. According to the industry distribution chart, Heritage Insurance Holdings ranks #12 out of 511 companies in the Insurance industry, placing it in the top 2.3%.
Is Heritage Insurance Holdings' Earnings Yield (Joel Greenblatt) % too high?
Heritage Insurance Holdings' current Earnings Yield (Joel Greenblatt) % of 105.26% is 377% above median its 10-year median of 22.07. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 7.05. Heritage Insurance Holdings' value of 105.26% is 1393% above this industry median. Based on the distribution chart, Heritage Insurance Holdings ranks #12 out of 511 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Heritage Insurance Holdings has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Heritage Insurance Holdings' Earnings Yield (Joel Greenblatt) % compare to ROOT and HIPO?
According to the Insurance industry distribution chart, Heritage Insurance Holdings ranks #12 out of 511 companies for Earnings Yield (Joel Greenblatt) %. This places Heritage Insurance Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 7.05. Heritage Insurance Holdings' value of 105.26% is 1393% above this benchmark. While the company's 10-year median is 22.07 vs. the industry median of 7.05, Heritage Insurance Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 7.05, based on 511 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Heritage Insurance Holdings's current Earnings Yield (Joel Greenblatt) % of 105.26% is 1393% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Heritage Insurance Holdings and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heritage Insurance Holdings's current Earnings Yield (Joel Greenblatt) % is 105.26%, which is 377% above median its own 10-year median of 22.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heritage Insurance Holdings stock overvalued right now?
Based on GuruFocus' analysis, Heritage Insurance Holdings (HRTG) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.87, compared to a current price of $33.33 — trading 24% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 105.26%, which is 377% above median its 10-year median of 22.07 and 1393% above the Insurance industry median of 7.05. Heritage Insurance Holdings' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Heritage Insurance Holdings (HRTG), the current Earnings Yield (Joel Greenblatt) % is 105.26% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Heritage Insurance Holdings (HRTG) Overvalued in 2026?
Based on GuruFocus' analysis, Heritage Insurance Holdings stock appears to be overvalued.
The current stock price of $33.33 is trading 24% above its estimated GF Value™ of $26.87.
GuruFocus considers Heritage Insurance Holdings to be Modestly Overvalued.
Key valuation signals for HRTG:
Earnings Yield (Joel Greenblatt) %: 105.26% (377% above median its 10-year median of 22.07)
GF Value™: $26.87 vs. price of $33.33 (24% above fair value)
Industry Position: 1393% above the Insurance median (#12 of 511)
No single metric tells the full story. See the HRTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heritage Insurance Holdings Inc is a regional property and casualty insurance company that offers a variety of personal and commercial insurance products. Through its subsidiaries, Heritage Property & Casualty Insurance, Narragansett Bay Insurance, and Zephyr Insurance, the company issues personal residential property insurance across various states in the U.S. It also offers commercial residential insurance predominantly for its Florida properties. Heritage Insurance manages insurance underwriting, customer services, actuarial analysis, distribution, and claims processing internally. The company operates in Alabama, California, Connecticut, Delaware, Florida, Georgia, Hawaii, Maryland, Massachusetts, Mississippi, New Jersey, New York, North Carolina, Rhode Island, and South Carolina.
63GF Score
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