Hippo Holdings Inc

Hippo Holdings Inc

HIPO · NYSE · Financial Services / Insurance - Property & Casualty

37.21USD+0.25 (+0.68%)

Price History

Full chart

Market Stats

Previous Close36.96
Open37.42
Day Range36.93 – 37.77
52-Week Range24.08 – 38.73
Volume174.20K
Market Cap798.01M
P/E (TTM)6.31
Forward P/E0.00
EPS4.79
Dividend Yield0.00%
Beta1.56
50-Day Avg31.81
200-Day Avg28.93

About

Hippo Holdings Inc., together with its subsidiaries, provides property and casualty insurance products to individuals and business customers primarily in the United States. The company provides a multi-carrier platform through owned and partner managing general agents (MGAs), serving as a licensed insurance carrier for MGAs and providing admitted and non-admitted (excess and surplus) paper, regulatory licenses, and reinsurance across multiple lines of business. The company also offers insurance products, including homeowners, renters, commercial multi-peril, casualty, and other specialty insurance programs. It provides homeowners insurance, general liability, commercial auto liability, and excess and umbrella liability, written through delegated authority arrangements, renters insurance, liability coverage, commercial multi-peril policies for small to mid-sized businesses, and niche personal or commercial products, as well as program-specific and corporate catastrophe reinsurance solutions. The company distributes insurance products and services through its technology platforms and website, as well as operates licensed insurance agencies. The company was formerly known as Hippo Enterprises Inc. and changed its name to Hippo Holdings Inc. in August 2021. Hippo Holdings Inc. is headquartered in San Jose, California.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Property & Casualty
  • CEOMr. Richard Lyn McCathron CIC, CPCU
  • Employees540
  • HeadquartersOne Almaden Blvd., San Jose, CA, United States, 95113, USA
  • Websitehttps://www.hippo.com

Leadership

  • Mr. Richard Lyn McCathron CIC, CPCUPresident, CEO & Director · b. 1972
  • Mr. Guy ZeltserChief Financial Officer · b. 1988
  • Mr. Michael StienstraChief Insurance Officer & GM of HHIP · b. 1985
  • Mr. Torben Nohr OstergaardPresident & Chief Executive Officer of Spinnaker · b. 1970
  • Ms. Laura BoettcherChief Operating Officer · b. 1983
  • Mr. Jo OverlineChief Technology Officer
  • Mr. Charles Joseph SebaskiHead of Investor Relations
  • Ms. Sara Beth GarveyGeneral Counsel & Secretary
  • Ms. Andrea CollinsChief Marketing Officer
  • Ms. Kelly WolfChief Human Resources Officer

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue34.70M51.60M91.20M119.70M209.70M372.10M468.60M
Growth (%)-+48.70%+76.74%+31.25%+75.19%+77.44%+25.93%
Cost of Revenue-35.00M105.90M179.10M293.10M297.80M229.90M
Gross Profit34.70M16.60M-14.70M-59.40M-83.40M74.30M238.70M
Gross Margin100.00%32.17%-16.12%-49.62%-39.77%19.97%50.94%
Operating Expense106.50M159.80M352.50M265.80M179.10M101.70M175.40M
Operating Income-71.80M-143.20M-367.20M-325.20M-262.50M-27.40M63.30M
Operating Margin-206.92%-277.52%-402.63%-271.68%-125.18%-7.36%13.51%
EBITDA2.90M-110.50M-157.30M-310.00M-242.70M-4.20M83.70M
EBITDA Margin8.36%-214.15%-172.48%-258.98%-115.74%-1.13%17.86%
Net Income-83.10M-141.50M-371.40M-333.40M-273.10M-40.50M57.70M
Net Income Margin-239.48%-274.22%-407.24%-278.53%-130.23%-10.88%12.31%
R&D--36.20M57.50M47.00M30.70M-
R&D as % of Total Revenue--39.69%48.04%22.41%8.25%-
Interest Expense026.00M198.90M2.50M---
Interest Expense % of Total Revenue0.00%50.39%218.09%2.09%---

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets170.50M979.40M1.64B1.57B1.52B1.54B1.91B
Total Liabilities18.20M1.18B781.00M975.40M1.14B1.18B1.47B
Total Equity118.70M-199.60M859.60M589.90M377.90M362.10M436.10M
Cash23.30M452.30M775.60M194.50M142.10M197.60M218.30M
Total Debt-273.00M-28.90M14.80M10.00M52.40M
Net Debt-23.30M-179.30M-775.60M-165.60M-127.30M-187.60M-165.90M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-29.10M-65.40M-124.50M-161.50M-92.40M47.50M9.20M
Investing Cash Flow-72.30M-2.30M-30.00M-405.90M57.60M30.30M-11.20M
Financing Cash Flow101.40M518.10M480.80M-6.80M-14.60M-40.10M19.30M
Capital Expenditure900.00K9.40M17.40M19.70M46.70M300.00K100.00K
Free Cash Flow-30.00M-74.80M-141.90M-181.20M-139.10M47.20M9.10M
FCF to OCF103.09%114.37%113.98%112.20%150.54%99.37%98.91%

Earnings

Report DateMar 31, 2020Jun 30, 2020Sep 30, 2020Mar 31, 2021May 17, 2021Sep 1, 2021Nov 10, 2021Mar 10, 2022May 13, 2022Aug 11, 2022Nov 10, 2022Mar 2, 2023May 9, 2023Aug 8, 2023Nov 2, 2023Mar 6, 2024May 2, 2024Aug 8, 2024Nov 8, 2024Mar 6, 2025Jun 4, 2025Aug 6, 2025Nov 5, 2025Feb 25, 2026Apr 30, 2026Jul 30, 2026Nov 4, 2026
EPS Estimate0.000.000.000.00---1.75-1.75-2.22-2.75-2.84-2.63-2.32-2.55-2.61-2.01-1.15-1.12-0.700.07-1.65-0.40-0.250.490.22-0.020.09
EPS Actual-1.97-2.01-0.44-14.14-0.09-0.10-3.17-2.86-3.00-3.28-3.21-2.74-2.91-4.46-2.15-1.73-1.16-1.51-0.651.71-1.940.650.440.670.650.54-
Surprise-------81.14%-63.43%-35.14%-19.27%-13.03%-4.18%-25.43%-74.90%17.62%13.93%-0.87%-34.82%7.14%2342.86%-17.43%262.50%276.00%36.73%195.45%2800.00%-
Timing-----After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap798.01M
Enterprise Value590.23M
Trailing P/E6.31
Forward P/E0.00
Price / Sales1.57
Price / Book1.68
EPS4.79
Book Value17.65
Revenue (TTM)507.10M
Gross Profit (TTM)306.80M
EBITDA35.50M
Profit Margin23.92%
Operating Margin8.02%
Return on Equity30.34%
Return on Assets1.04%
Shares Outstanding26.39M
Shares Float22.44M
Beta1.56
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 3 analystsTarget 41.13
  • Strong Buy
    1
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
48.72%
Insiders
10.50%
Retail / Other
40.78%

Top Institutional Holders

  • BlackRock Inc
    1.27M4.82%
  • Bond Capital Management, LP
    1.05M3.99%
  • Vanguard Capital Management, LLC
    862.41K3.27%
  • Westerly Capital Management LLC
    645.00K2.44%
  • Hood River Capital Management LLC
    608.26K2.30%
  • Geode Capital Management, LLC
    566.49K2.15%
  • Dimensional Fund Advisors, Inc.
    423.96K1.61%
  • State Street Corp
    406.62K1.54%
  • Banco Bilbao Vizcaya Argentaria SA
    403.59K1.53%
  • Stoic Point Capital Management LLC
    251.12K0.95%
  • Vanguard Portfolio Management, LLC
    224.35K0.85%
  • Jacobs Levy Equity Management, Inc.
    223.35K0.85%
  • Morgan Stanley - Brokerage Accounts
    220.07K0.83%
  • Lakewood Capital Management, LP
    190.00K0.72%
  • RBF LLC
    180.00K0.68%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    626.61K2.37%
  • iShares Russell 2000 ETF
    518.57K1.97%
  • Hood River New Opportunities Inst
    294.54K1.12%
  • Fidelity Small Cap Index
    205.22K0.78%
  • iShares Russell 2000 Value ETF
    191.61K0.73%

Stock Splits

  • Sep 30, 20221:25