Hippo Q4 revenue misses estimates

Reuters02-25
Hippo Q4 revenue misses estimates

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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