Hippo (HIPO) to Release Earnings on Wednesday

Hippo (NYSE:HIPO) is anticipated to post its Q1 2025 quarterly earnings results 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 announced its quarterly earnings data 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. Hippo had a negative return on equity of 36.38% and a negative net margin of 37.94%. The firm had revenue of $102.00 million during the quarter, compared to the consensus estimate of $97.83 million. 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

HIPO opened at $24.04 on Wednesday. The firm has a market capitalization of $602.97 million, a price-to-earnings ratio of -4.61 and a beta of 1.49. Hippo has a one year low of $14.58 and a one year high of $35.44. The business has a 50 day simple moving average of $25.76 and a two-hundred day simple moving average of $26.40.

Analysts Set New Price Targets

Several brokerages have commented on HIPO. Jefferies Financial Group lowered their price objective on Hippo from $43.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, April 11th. Keefe, Bruyette & Woods boosted their price objective on shares of Hippo from $24.00 to $26.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 22nd.

Insider Activity at Hippo

In other news, insider Michael Stienstra sold 2,329 shares of Hippo stock in a transaction that occurred 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 sale, the insider now directly owns 59,648 shares in the company, valued at $1,790,632.96. The trade was a 3.76 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Chairman Assaf Wand sold 12,250 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $26.76, for a total transaction of $327,810.00. Following the transaction, the chairman now owns 499,064 shares in the company, valued at approximately $13,354,952.64. This trade represents a 2.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 47,975 shares of company stock valued at $1,387,189 over the last 90 days. Corporate insiders own 11.37% of the company’s stock.

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.