Hippo (NYSE:HIPO) Issues Quarterly Earnings Results

Hippo (NYSE:HIPO) posted its quarterly earnings data on Wednesday. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $144.70 million during the quarter, compared to analyst estimates of $137.44 million.

Hippo Price Performance

Shares of HIPO traded up $2.04 during mid-day trading on Thursday, hitting $31.88. 340,320 shares of the company traded hands, compared to its average volume of 134,789. Hippo has a one year low of $24.08 and a one year high of $38.98. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average of $27.08 and a 200 day moving average of $27.58. The stock has a market capitalization of $830.02 million, a price-to-earnings ratio of 7.38 and a beta of 1.49.

Key Stories Impacting Hippo

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

Insider Buying and Selling

In related news, CEO Torben Ostergaard sold 3,667 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $26.10, for a total value of $95,708.70. Following the completion of the transaction, the chief executive officer owned 65,673 shares in the company, valued at $1,714,065.30. The trade was a 5.29% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 approximately $3,735,041.74. This represents a 1.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 20,336 shares of company stock worth $550,564 in the last quarter. Insiders own 4.48% of the company’s stock.

Hedge Funds Weigh In On Hippo

Hedge funds have recently added to or reduced their stakes in the company. Altshuler Shaham Ltd increased its position in Hippo by 270.4% in the fourth quarter. Altshuler Shaham Ltd now owns 1,000 shares of the company’s stock worth $30,000 after purchasing an additional 730 shares during the period. Quantbot Technologies LP acquired a new position in Hippo during the 2nd quarter valued at about $33,000. Kemnay Advisory Services Inc. bought a new position in shares of Hippo in the 4th quarter valued at about $56,000. Royal Bank of Canada grew its position in shares of Hippo by 109.4% during the 4th quarter. Royal Bank of Canada now owns 3,174 shares of the company’s stock worth $95,000 after buying an additional 1,658 shares during the period. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Hippo during the third quarter worth approximately $125,000. Institutional investors own 43.01% of the company’s stock.

Wall Street Analyst Weigh In

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

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.