Hippo (NYSE:HIPO) Posts Quarterly Earnings Results, Beats Expectations By $0.44 EPS

Hippo (NYSE:HIPO) released its earnings results on Wednesday. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.44, FiscalAI reports. Hippo had a net margin of 12.31% and a negative return on equity of 2.24%. The business had revenue of $121.50 million during the quarter, compared to analysts’ expectations of $130.68 million.

Hippo Price Performance

Shares of NYSE:HIPO traded down $1.96 during trading on Thursday, reaching $26.26. The stock had a trading volume of 276,751 shares, compared to its average volume of 125,685. Hippo has a 52 week low of $19.92 and a 52 week high of $38.98. The business’s 50-day moving average price is $26.98 and its 200 day moving average price is $30.17. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $682.05 million, a PE ratio of 12.27 and a beta of 1.61.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HIPO shares. Weiss Ratings upgraded shares of Hippo from a “sell (d-)” rating to a “hold (c-)” rating in a research note on Thursday, March 5th. Zacks Research upgraded shares of Hippo to a “hold” rating in a research note on Tuesday, March 3rd. B. Riley Financial began coverage on shares of Hippo in a research note on Friday, April 17th. They set a “buy” rating and a $38.00 price target for the company. Finally, Keefe, Bruyette & Woods cut their price target on shares of Hippo from $33.00 to $30.00 and set a “market perform” rating for the company in a research note on Tuesday, April 7th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Hippo has a consensus rating of “Moderate Buy” and a consensus price target of $37.67.

Hippo News Summary

Here are the key news stories impacting Hippo this week:

• Positive Sentiment: Q1 EPS and adjusted earnings beat expectations — Hippo reported adjusted EPS and adjusted net income that exceeded consensus, and GAAP net income of $7M for the quarter, signaling improved profitability. Hippo Reports First Quarter 2026 Financial Results
• Positive Sentiment: Analyst writeups highlight the beat — Zacks and other outlets noted Hippo topped EPS estimates materially versus last year’s loss, which supports a narrative of operational improvement. Hippo Holdings Inc. (HIPO) Q1 Earnings Top Estimates
• Neutral Sentiment: Investor materials / slides available — The company posted its earnings presentation and call materials for investors that provide detail on growth drivers and unit economics. Hippo Holdings Inc. 2026 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Widespread unrelated media attention to “hippos” (Pablo Escobar animals) — Major outlets are covering offers to relocate/care for Escobar’s hippos; this creates headline noise and occasional search/PR confusion but has no material corporate impact. Indian Tycoon Offers Refuge to Pablo Escobar’s Condemned Hippos
• Negative Sentiment: Revenue miss — Q1 revenue (~$121.5M) came in below consensus (~$130.7M), suggesting top‑line pressure despite margin progress. View Press Release
• Negative Sentiment: Softer FY revenue guidance — Management set FY2026 revenue guidance roughly $560–$570M versus a Street consensus near $592.6M, raising concerns about growth trajectory and prompting re‑rating. Hippo Reports First Quarter 2026 Financial Results
• Negative Sentiment: Elevated trading volume and technical pressure — Volume spiked above average and the stock is below its 200‑day moving average, which can amplify downside as traders react to the mixed outlook. HIPO Stock Profile

Insider Buying and Selling

In other news, CEO Richard Mccathron sold 5,000 shares of Hippo stock in a transaction that occurred on Thursday, April 9th. The shares were sold at an average price of $26.05, for a total value of $130,250.00. Following the completion of the transaction, the chief executive officer owned 610,650 shares in the company, valued at approximately $15,907,432.50. The trade was a 0.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Torben Ostergaard sold 6,105 shares of Hippo stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $28.57, for a total transaction of $174,419.85. Following the completion of the transaction, the chief executive officer owned 46,694 shares of the company’s stock, valued at $1,334,047.58. This trade represents a 11.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 21,705 shares of company stock valued at $597,934 in the last quarter. 10.80% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of HIPO. AQR Capital Management LLC raised its stake in shares of Hippo by 8.3% in the first quarter. AQR Capital Management LLC now owns 16,193 shares of the company’s stock valued at $414,000 after acquiring an additional 1,236 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Hippo by 30.5% in the second quarter. JPMorgan Chase & Co. now owns 208,472 shares of the company’s stock valued at $5,823,000 after acquiring an additional 48,677 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Hippo by 6.3% in the second quarter. American Century Companies Inc. now owns 43,417 shares of the company’s stock valued at $1,213,000 after acquiring an additional 2,588 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Hippo in the second quarter valued at approximately $33,000. Finally, Walleye Capital LLC bought a new position in shares of Hippo in the second quarter valued at approximately $358,000. Institutional investors own 43.01% of the company’s stock.

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.