Neptune Insurance (NYSE:NP) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Neptune Insurance (NYSE:NP) announced its quarterly earnings data on Wednesday. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.01), Zacks reports. Neptune Insurance had a positive return on equity of 11.06% and a negative net margin of 2.53%. Neptune Insurance updated its FY 2026 guidance to EPS.

Neptune Insurance Stock Down 2.4%

Shares of NYSE NP traded down $0.62 during mid-day trading on Wednesday, reaching $25.01. 111,353 shares of the company traded hands, compared to its average volume of 465,618. The company’s fifty day moving average is $28.81 and its two-hundred day moving average is $30.88. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.22 and a current ratio of 2.01. Neptune Insurance has a fifty-two week low of $22.30 and a fifty-two week high of $33.23. The stock has a market cap of $3.45 billion, a PE ratio of -15.25 and a beta of 1.46.

Insider Activity at Neptune Insurance

In other news, major shareholder Vii L.P. Ftv sold 678,019 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $18.75, for a total value of $12,712,856.25. Following the completion of the sale, the insider directly owned 22,350,631 shares in the company, valued at approximately $419,074,331.25. The trade was a 2.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Hold 101 Lp Bsiv sold 820,123 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $18.75, for a total transaction of $15,377,306.25. Following the sale, the insider owned 19,530,472 shares of the company’s stock, valued at $366,196,350. This trade represents a 4.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.63% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Mizuho initiated coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They issued an “underperform” rating and a $23.00 price target for the company. The Goldman Sachs Group initiated coverage on shares of Neptune Insurance in a research report on Monday, October 27th. They issued a “buy” rating and a $30.00 target price for the company. Keefe, Bruyette & Woods assumed coverage on shares of Neptune Insurance in a research note on Monday, October 27th. They set a “market perform” rating and a $26.00 target price for the company. Evercore ISI started coverage on shares of Neptune Insurance in a research note on Monday, October 27th. They issued an “outperform” rating and a $35.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Neptune Insurance in a research report on Monday, October 27th. They set a “buy” rating and a $29.00 price objective for the company. Seven analysts have rated the stock with a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $27.54.

Neptune Insurance Company Profile

Our mission is to create a smarter, more resilient insurance platform powered by AI, data science, and technology, enabling insurers to deploy capacity with confidence and delivering instant access to coverage for policyholders and agents. Neptune is a leading, high-growth, highly profitable, data-driven managing general agent that is revolutionizing the way homeowners and businesses protect against the growing risks of flooding.