Hippo (HIPO) Expected to Announce Quarterly Earnings on Wednesday

Hippo (NYSE:HIPO) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Hippo to post earnings of ($1.41) per share and revenue of $106.70 million for the quarter.

Hippo (NYSE:HIPO) last issued its quarterly earnings results on Wednesday, March 5th. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.08. The business had revenue of $102.00 million for the quarter, compared to the consensus estimate of $97.83 million. Hippo had a negative net margin of 37.94% and a negative return on equity of 36.38%. On average, analysts expect Hippo to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Hippo Price Performance

Shares of NYSE HIPO opened at $24.04 on Wednesday. The stock has a market cap of $602.97 million, a PE ratio of -4.61 and a beta of 1.49. Hippo has a 1 year low of $14.58 and a 1 year high of $35.44. The firm has a fifty day moving average price of $25.76 and a 200-day moving average price of $26.40.

Insider Transactions at Hippo

In other Hippo news, insider Michael Stienstra sold 2,329 shares of Hippo stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $30.02, for a total value of $69,916.58. Following the completion of the transaction, the insider now directly owns 59,648 shares of the company’s stock, valued at $1,790,632.96. This trade represents a 3.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Assaf Wand sold 12,250 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $26.76, for a total transaction of $327,810.00. Following the sale, the chairman now owns 499,064 shares in the company, valued at $13,354,952.64. This represents a 2.40 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 47,975 shares of company stock valued at $1,387,189. 11.37% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Keefe, Bruyette & Woods increased their price target on Hippo from $24.00 to $26.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 22nd. Jefferies Financial Group decreased their target price on Hippo from $43.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, April 11th.

About Hippo

Hippo Holdings Inc provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. Its insurance products include homeowners' insurance against risks of fire, wind, and theft, as well as other personal lines policies from third party carriers; and personal and commercial, as well as home, auto, cyber, small business, life, specialty lines, and other insurance products.