Hippo (NYSE:HIPO) Announces Earnings Results

Hippo (NYSE:HIPO) announced its earnings results on Wednesday. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.59, FiscalAI reports. Hippo had a net margin of 23.45% and a return on equity of 12.17%. The business had revenue of $144.70 million during the quarter, compared to analysts’ expectations of $137.44 million.

Hippo Stock Performance

HIPO traded up $2.04 during trading on Thursday, reaching $31.88. The company’s stock had a trading volume of 340,320 shares, compared to its average volume of 134,789. Hippo has a 52-week low of $24.08 and a 52-week high of $38.98. The company’s fifty day moving average price is $27.08 and its 200-day moving average price is $27.58. The company has a market capitalization of $830.02 million, a price-to-earnings ratio of 7.38 and a beta of 1.49. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.99 and a current ratio of 0.99.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. B. Riley Financial assumed coverage on Hippo in a report on Friday, April 17th. They set a “buy” rating and a $38.00 price target on the stock. Texas Capital raised Hippo to a “strong-buy” rating in a research report on Tuesday, June 9th. Keefe, Bruyette & Woods lifted their target price on Hippo from $32.00 to $33.00 and gave the company a “market perform” rating in a research note on Wednesday, July 8th. Finally, Weiss Ratings raised Hippo from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Hippo currently has a consensus rating of “Moderate Buy” and a consensus price target of $38.67.

Insider Transactions at Hippo

In related news, CEO Richard Mccathron sold 5,000 shares of Hippo stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $27.10, for a total value of $135,500.00. Following the sale, the chief executive officer directly owned 604,212 shares in the company, valued at $16,374,145.20. The trade was a 0.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Guy Zeltser sold 1,669 shares of the company’s stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $30.98, for a total value of $51,705.62. Following the transaction, the chief financial officer directly owned 120,563 shares in the company, valued at $3,735,041.74. This represents a 1.37% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 20,336 shares of company stock valued at $550,564. Corporate insiders own 4.48% of the company’s stock.

Institutional Investors Weigh In On Hippo

Several institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Hippo by 5.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,108,547 shares of the company’s stock valued at $40,085,000 after purchasing an additional 55,394 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Hippo by 24.1% in the fourth quarter. Geode Capital Management LLC now owns 557,066 shares of the company’s stock valued at $16,760,000 after purchasing an additional 108,359 shares during the period. Westerly Capital Management LLC boosted its holdings in Hippo by 24.3% during the fourth quarter. Westerly Capital Management LLC now owns 420,000 shares of the company’s stock worth $12,634,000 after buying an additional 82,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Hippo by 17.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 364,914 shares of the company’s stock worth $10,977,000 after buying an additional 53,174 shares in the last quarter. Finally, Stoic Point Capital Management LLC acquired a new position in Hippo during the fourth quarter worth about $7,490,000. 43.01% of the stock is currently owned by hedge funds and other institutional investors.

Hippo News Roundup

Here are the key news stories impacting Hippo this week:

• Positive Sentiment: Adjusted earnings significantly beat expectations: Hippo reported adjusted net income of $21 million, or $0.79 per diluted share, compared with analysts’ estimates of approximately $0.20–$0.21 and $0.65 in the year-ago quarter. GAAP net income was $10 million, or $0.38 per share. Hippo Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Revenue also exceeded forecasts: Quarterly revenue totaled $144.7 million, above the roughly $137.4 million consensus estimate. The company reported a 23.45% net margin and 12.17% return on equity, reinforcing the improvement in profitability. Hippo Holdings Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Full-year revenue guidance was raised or maintained above Wall Street expectations: Hippo projected fiscal 2026 revenue of $580 million to $585 million, exceeding the $568.2 million consensus estimate. This suggests management expects continued growth and supports the positive earnings reaction. Hippo Reports Second Quarter 2026 Financial Results
• Neutral Sentiment: Insider selling presents a minor offset: CFO Guy Zeltser sold 1,669 shares for approximately $51,706, reducing his holdings by 1.37%. He still owned 120,563 shares afterward, so the transaction appears limited relative to his remaining position. SEC Insider Trading Filing

Hippo Company Profile

Hippo Enterprises Inc is a technology-driven home insurance company that offers modernized homeowners insurance products through a digital-first platform. Leveraging data analytics, artificial intelligence and smart home devices, the company designs tailored coverage plans intended to streamline the underwriting process and deliver more comprehensive protection for homeowners. Hippo’s policies typically include standard dwelling coverage, personal property protection and liability insurance, along with optional add-ons such as water backup, home computer systems and equipment breakdown coverage.

Through its online portal and partner network of licensed insurance agents, Hippo provides policyholders with a range of services aimed at minimizing risk and preventing losses before they occur.