NP
TechnologyNeptune Insurance Holdings Inc. · Software - Application · $3B
What is Neptune Insurance Holdings Inc.?
Neptune Insurance Holdings is a data-driven managing general agent specializing in flood and parametric earthquake insurance for residential and commercial clients. Founded in 2025 and headquartered in St. Petersburg, the company distributes coverage through an established agency network.
Neptune operates as a managing general agent, meaning it designs and distributes insurance products without taking balance sheet risk — carriers and reinsurers absorb the underwriting exposure and handle claims. The company sells primary and excess flood insurance alongside parametric earthquake coverage. Its edge lies in proprietary AI and machine learning platforms that power underwriting decisions and policy management, enabling faster, more precise risk selection across its agency distribution network.
Neptune Insurance Holdings was founded in 2025 and is headquartered in St. Petersburg, US.
- Residential and commercial flood insurance (primary and excess)
- Parametric earthquake insurance products
- AI-powered underwriting engine (Triton platform)
- Policy management system (Poseidon platform)
- Agency network distribution channel
Is NP a Good Stock to Buy?
UQS Score rates NP as Below Average overall, reflecting a mixed picture across its five quality pillars.
Neptune's Quality and Growth pillars both register as Good, suggesting the business model generates reasonable operational results and is expanding at a meaningful pace. The asset-light managing general agent structure — where carriers bear the insurance risk — underpins a relatively clean balance sheet profile.
The Moat and Risk pillars both score Weak, pointing to limited competitive differentiation and elevated vulnerability to external pressures. Valuation is rated Elevated, meaning the market may already be pricing in optimistic assumptions.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does NP pay dividends?
Yes — Neptune Insurance Holdings Inc. pays a dividend.
Neptune Insurance Holdings pays a regular dividend, which is notable for a relatively young, technology-oriented insurance company. This may reflect confidence in recurring fee-based revenue from its MGA model, where income is less tied to claims volatility. Investors seeking income should review the current yield and payout details on Neptune's investor relations page, as figures can change with each declaration.
When does NP report earnings?
Neptune Insurance Holdings reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
As a recently public company, Neptune's earnings history is limited but watched closely for signs that its AI-driven underwriting platforms are translating into durable fee revenue growth. Investors monitor commission income trends and expense discipline given the asset-light MGA structure.
For the most recent quarter's results and guidance, visit Neptune Insurance Holdings' investor relations page directly.
NP Price History
+8.6% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
NP Long-term Outlook
Neptune's Good Growth pillar suggests the business is expanding its distribution reach and premium volume, supported by growing demand for flood coverage in an era of heightened climate awareness. However, the Weak Risk pillar flags meaningful uncertainty — regulatory shifts, reinsurer appetite changes, or catastrophe-driven market disruptions could weigh on results. The Elevated Valuation pillar indicates the current price may leave limited margin of safety if growth disappoints.
Growth drivers
- Rising demand for flood insurance amid increasing climate-related weather events
- Expansion of the agency distribution network and new carrier partnerships
- Continued development of AI underwriting tools to improve risk selection and margins
Key risks
- Weak competitive moat — other MGAs or insurtech entrants could replicate the model
- Reinsurance market tightening could compress available capacity or economics
- Elevated valuation leaves little buffer if growth or profitability misses expectations
NP vs Peers
NP operates in a distinct niche, but the following companies share its technology-forward, platform-driven positioning in the broader sector.
Bitdeer focuses on blockchain computing infrastructure, sharing NP's technology-platform orientation but operating in an entirely different end market.
Braze provides customer engagement software, representing a SaaS model that contrasts with Neptune's insurance distribution and underwriting platform approach.
Rumble operates a video and cloud platform, sharing a growth-stage technology profile with NP but serving a media audience rather than insurance markets.
Frequently Asked Questions
What does Neptune Insurance Holdings do?
Neptune Insurance Holdings is a managing general agent that designs and distributes flood and parametric earthquake insurance. It uses proprietary AI platforms to underwrite risk but does not hold insurance risk on its own balance sheet — licensed carriers and reinsurers do that. Revenue comes from commissions and fees generated through its agency network.
Does NP pay dividends?
Yes, Neptune Insurance Holdings pays a regular dividend. For current yield and declaration details, check the company's investor relations page, as dividend amounts can change with each board declaration.
When does NP report earnings?
Neptune reports earnings on a quarterly cadence, standard for US-listed companies. Because it is a recently public company, its earnings calendar is best confirmed directly through its investor relations page or a financial data provider.
Is NP a good stock to buy?
The UQS Score rates NP as Below Average overall. While Quality and Growth pillars are Good, the Moat and Risk pillars are Weak and Valuation is Elevated. That combination suggests investors should weigh growth potential carefully against competitive and market risks before making a decision.
Is NP overvalued?
NP's Valuation pillar is rated Elevated within the UQS framework, meaning the current market price appears to reflect optimistic assumptions relative to fundamentals. This does not guarantee the stock will decline, but it does suggest limited margin of safety if results disappoint. Pro members can view the full valuation metrics behind this rating.
How does NP compare to its competitors?
Neptune's listed sector peers — Bitdeer, Braze, and Rumble — operate in very different end markets, making direct comparison challenging. What they share is a technology-platform orientation and growth-stage characteristics. Neptune's MGA model is relatively unique in its focus on specialty insurance distribution rather than software or media.
What is NP's market cap bracket?
Neptune Insurance Holdings is classified as a mid-cap company. Mid-cap stocks typically offer a balance between the growth potential of smaller companies and the relative stability of large-caps, though individual results vary widely.
Who founded Neptune Insurance Holdings?
Neptune Insurance Holdings was founded in 2025. For detailed founding history and leadership background, the company's official website and SEC filings are the most reliable sources.
Is NP a long-term quality investment?
As a long-term quality indicator, NP's Below Average UQS Score reflects meaningful concerns — particularly around competitive moat and risk profile — that investors should weigh over a multi-year horizon. The Good Growth pillar offers some optimism, but durability of that growth is the key question. Pro members can access the complete pillar breakdown to assess long-term fit.
What is the main competitive advantage of Neptune Insurance Holdings?
Neptune's primary differentiator is its AI-driven underwriting and policy management platforms, which aim to price flood and earthquake risk more accurately than traditional methods. However, the UQS Moat pillar rates this advantage as Weak, suggesting the technology edge may not yet constitute a durable barrier to competition.
What sector does NP belong to?
NP is classified in the Technology sector within the UQS framework, reflecting its platform-driven, data-first approach to insurance distribution. Operationally, it sits at the intersection of insurtech and specialty insurance, a niche that blends software capabilities with regulated financial services.
Is NP a growth stock or value stock?
Based on UQS pillar labels, NP leans toward the growth side — its Growth pillar is rated Good. However, the Elevated Valuation pillar means it does not screen as a value opportunity at current prices. It may appeal to growth-oriented investors who are comfortable with higher valuation risk.
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Pro Analysis
NP — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 45.0 | 69.3 | 33.0 | 49.9 | 26.8 | 36.2 | +3.5 |
| May 10, 2026 | 41.5 | 33.3 | 33.0 | 49.7 | 42.5 | 57.2 | -4.9 |
| May 7, 2026 | 46.4 | 70.4 | 33.0 | 49.7 | 31.8 | 39.1 | 0.0 |
| May 5, 2026 | 46.4 | 70.4 | 33.0 | 49.7 | 31.8 | 39.3 | 0.0 |
| May 3, 2026 | 46.4 | 70.4 | 33.0 | 49.6 | 31.8 | 39.3 | +0.3 |
| May 1, 2026 | 46.1 | 70.4 | 33.0 | 49.6 | 31.8 | 36.8 | +0.1 |
| Apr 26, 2026 | 46.0 | 70.4 | 33.0 | 49.5 | 31.8 | 36.8 | +0.1 |
| Apr 24, 2026 | 45.9 | 70.4 | 33.0 | 49.5 | 31.8 | 35.7 | +0.1 |
| Apr 22, 2026 | 45.8 | 70.4 | 33.0 | 49.2 | 31.8 | 35.7 | -2.5 |
| Apr 19, 2026 | 48.3 | 70.4 | 33.0 | 61.5 | 31.8 | 35.7 | -0.4 |
NP — Pillar Breakdown
Quality
— 69.2/100 (25%)Neptune Insurance Holdings Inc. shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 49.9/100 (20%)Neptune Insurance Holdings Inc. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 26.8/100 (15%)Neptune Insurance Holdings Inc. presents elevated risk with concerns around leverage or financial stability.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 35.5/100 (15%)Neptune Insurance Holdings Inc. has a mixed valuation — some metrics suggest fair value while others appear stretched.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 33/100 (25%)Neptune Insurance Holdings Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for NP.
Score Composition
Financial Data
More Stock Analysis
How is the NP UQS Score Calculated?
The UQS (Unified Quality Score) for Neptune Insurance Holdings Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Neptune Insurance Holdings Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Neptune Insurance Holdings Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.