Overview
Insurance platform's Q4 revenue beat analyst expectations
Adjusted net income for Q4 rose 20% yr/yr
Company's Q4 net loss ratio improved by 12 percentage points
Outlook
Hippo forecasts 2026 gross written premium between $1.4 bln and $1.5 bln
Company expects 2026 net written premium between $500 mln and $540 mln
Hippo targets combined ratio of 103% to 105% for 2026
Result Drivers
PREMIUM GROWTH - Gross written premium increased 40% driven by growth in Casualty and Commercial Multi-Peril lines
LOSS RATIO IMPROVEMENT - Net loss ratio improved 12 percentage points due to lower catastrophe losses
NETWORK SALE IMPACT - Gain on sale of home builder distribution network contributed to net income
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Miss | $120.4 mln | $122.05 mln (4 Analysts) |
Q4 Net Income | $6 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 $40.00, about 38.6% above its February 24 closing price of $28.85
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)
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