Neptune Insurance Holdings Inc. (NP) AI Stock Analysis

Neptune Insurance Holdings Inc., through its subsidiary, Neptune Flood Incorporated, operates as an insurance agency that engages in selling residential and commercial flood insurance policies on behalf of insurance carrier partners in the United States. Founded in 2016 and based in Saint Petersburg, Florida, the company offers primary and excess flood, parametric earthquake, and indemnity earthquake insurance through a network of agencies.

Revenue expanded at a two-year CAGR of 37.1% from $84.9M in FY2023 to $159.6M in FY2025, driven by annual growth rates of 40.6% in FY2024 and 33.7% in FY2025. Gross margin was 64.2% in FY2023, 66.4% in FY2024, and 64.6% in FY2025. Net income rose from $17.9M in FY2023 to $34.6M in FY2024 and $37.4M in FY2025, yielding a net margin of 23.4% and an EPS of $0.32 in FY2025. For the trailing twelve months ended June 30, 2026, revenue reached $181.8M with a profit margin of 21.4%. In the latest quarter, quarterly revenue growth was 32.8% year-over-year, while quarterly earnings growth was 3.1%.

As of June 30, 2026, the company held $72.0M in cash and short-term investments and $240.0M in total debt, resulting in net debt of $168.0M. Total assets were $102.2M and shareholders' equity was -$222.2M, with a current ratio of 0.99. In FY2025, operating cash flow was $51.7M and free cash flow was $47.7M. Capital expenditures were $4.0M, and dividends paid reached $175.0M.

At a last close of $29.36, Neptune Insurance Holdings has a market cap of $4.03B and an enterprise value of $4.03B. The stock trades at a trailing P/E of 127.7x and a forward P/E of 41.3x, compared to the median of its US-listed Financial Services peers of 12.1x and 10.8x. Its price-to-sales ratio is 22.2x and EV-to-EBITDA is 51.1x, above peer medians of 3.2x and 11.7x. Over the past year, the stock returned 15.9%, below the S&P 500 return of 16.8%.

Wall Street coverage includes 5 Strong Buy, 3 Buy, and 5 Hold ratings, with zero Sell or Strong Sell ratings. The mean price target is $34.00, representing a 15.8% upside relative to the last close of $29.36. For the current fiscal year ending December 31, 2026, analysts estimate revenue of $202.0M and EPS of $0.55, reflecting 33.4% EPS growth. For the next fiscal year, 13 analysts project revenue of $237.6M and EPS of $0.67. Neptune has beat EPS estimates in 1 of the last 4 quarters, with its next earnings report set for October 20, 2026.

This page is an AI-written research summary of Neptune Insurance Holdings Inc. (NP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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