Hippo (HIPO) Projected to Post Quarterly Earnings on Wednesday

Hippo (NYSE:HIPO - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of ($1.41) per share and revenue of $106.70 million for the quarter.

Hippo (NYSE:HIPO - Get Free Report) last issued its 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. Hippo had a negative net margin of 37.94% and a negative return on equity of 36.38%. The business had revenue of $102.00 million for the quarter, compared to analyst estimates 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 Trading Up 5.1 %

NYSE:HIPO traded up $1.17 during mid-day trading on Friday, hitting $24.30. The company's stock had a trading volume of 134,051 shares, compared to its average volume of 163,051. The stock has a fifty day moving average of $25.54 and a 200-day moving average of $26.45. The company has a market capitalization of $609.49 million, a price-to-earnings ratio of -4.66 and a beta of 1.49. Hippo has a fifty-two week low of $14.58 and a fifty-two week high of $35.44.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Jefferies Financial Group decreased their price target on Hippo from $43.00 to $30.00 and set a "buy" rating on the stock in a research note on Friday, April 11th. Keefe, Bruyette & Woods boosted their target price on shares of Hippo from $24.00 to $26.00 and gave the company a "market perform" rating in a research note on Tuesday, April 22nd.

Insider Buying and Selling

In other news, CEO Torben Ostergaard sold 21,146 shares of the company's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $30.05, for a total transaction of $635,437.30. Following the transaction, the chief executive officer now directly owns 74,120 shares in the company, valued at approximately $2,227,306. This represents a 22.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael Stienstra sold 2,329 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $30.02, for a total transaction of $69,916.58. Following the completion of the sale, the insider now directly owns 59,648 shares of the company's stock, valued at approximately $1,790,632.96. This represents a 3.76 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 47,975 shares of company stock worth $1,387,189 in the last three months. 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.