Hippo (HIPO) Expected to Announce Quarterly Earnings on Wednesday

Hippo (NYSE:HIPO - Get Free Report) is anticipated to release its Q1 2025 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 - Get Free Report) last released its earnings results on Wednesday, March 5th. The company reported ($0.07) earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $102.00 million for the quarter, compared to analysts' expectations 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

Shares of NYSE:HIPO traded down $0.39 during trading on Monday, hitting $23.94. 3,404 shares of the company's stock were exchanged, compared to its average volume of 174,934. The business's 50-day simple moving average is $25.54 and its 200 day simple moving average is $26.55. Hippo has a 52-week low of $14.58 and a 52-week high of $35.44. The company has a market cap of $600.44 million, a price-to-earnings ratio of -4.59 and a beta of 1.49.

Insider Buying and Selling

In related news, insider Michael Stienstra sold 2,329 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $30.02, for a total transaction of $69,916.58. Following the transaction, the insider now directly owns 59,648 shares of the company's stock, valued at $1,790,632.96. This 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, CEO Torben Ostergaard sold 21,146 shares of the 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 completion of the transaction, the chief executive officer now directly owns 74,120 shares of the company's stock, valued at $2,227,306. The trade was a 22.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,725 shares of company stock valued at $1,059,379 over the last three months. 11.37% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

HIPO has been the topic of a number of analyst reports. Keefe, Bruyette & Woods boosted their price objective on shares of Hippo from $24.00 to $26.00 and gave the company a "market perform" rating in a research report on Tuesday, April 22nd. Jefferies Financial Group dropped their target price on Hippo from $43.00 to $30.00 and set a "buy" rating for the company in a research report on Friday, April 11th.

Hippo Company Profile

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.