Overview
Hippo Q3 2025 revenue grows 26% yr/yr, beating analyst expectations
Net income for Q3 rises to $98 mln, driven by $91 mln gain on asset sale
Gross written premium increases 33% yr/yr, reflecting strategic diversification
Outlook
Hippo forecasts Q4 gross written premium between $269 mln and $289 mln
Company expects full-year gross written premium of $1,090-1,110 mln
Hippo anticipates Q4 net income between $1 mln and $5 mln
Result Drivers
GROSS WRITTEN PREMIUM - Growth driven by Casualty and CMP lines, offsetting Homeowners decline
ASSET SALE - $91 mln gain from sale of homebuilder distribution network boosts net income
UNDERWRITING IMPROVEMENT - 25-point improvement in net loss ratio due to lack of significant CAT losses
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $121 mln | $116.97 mln (4 Analysts) |
Q3 Net Income | $98 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the property & casualty insurance peer group is "buy"
Wall Street's median 12-month price target for Hippo Holdings Inc is $43.00, about 16.5% above its November 4 closing price of $35.89
Press Release: ID:nPn44MY9ha
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Comments