NYSE:HIPO

Hippo (HIPO) Stock Price, News & Analysis

$17.54
+0.20 (+1.15%)
(As of 05/17/2024 ET)
Today's Range
$17.26
$18.03
50-Day Range
$16.76
$24.40
52-Week Range
$6.64
$25.49
Volume
149,471 shs
Average Volume
169,434 shs
Market Capitalization
$428.50 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.33

Hippo MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.2% Upside
$19.33 Price Target
Short Interest
Healthy
8.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.16mentions of Hippo in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$310,904 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.98) to ($2.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.95 out of 5 stars

Finance Sector

797th out of 874 stocks

Fire, Marine, & Casualty Insurance Industry

46th out of 52 stocks

HIPO stock logo

About Hippo Stock (NYSE:HIPO)

Hippo Holdings Inc. provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. Its insurance products include homeowners' insurance against risks of fire, wind, and theft, as well as other personal lines policies from third party carriers; and personal and commercial, as well as home, auto, cyber, small business, life, specialty lines, and other insurance products. The company distributes insurance products and services through its technology platform and website, as well as operates licensed insurance agencies. Hippo Holdings Inc. is headquartered in Palo Alto, California.

HIPO Stock Price History

HIPO Stock News Headlines

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Company Calendar

Last Earnings
3/06/2024
Today
5/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Fax
N/A
Employees
516
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.33
High Stock Price Target
$25.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$-273,100,000.00
Pretax Margin
-89.25%

Debt

Sales & Book Value

Annual Sales
$209.70 million
Book Value
$14.52 per share

Miscellaneous

Free Float
21,652,000
Market Cap
$434.12 million
Optionable
Optionable
Beta
1.41
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Key Executives


HIPO Stock Analysis - Frequently Asked Questions

Should I buy or sell Hippo stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hippo in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HIPO shares.
View HIPO analyst ratings
or view top-rated stocks.

What is Hippo's stock price target for 2024?

4 brokerages have issued 1 year target prices for Hippo's stock. Their HIPO share price targets range from $11.00 to $25.00. On average, they expect the company's stock price to reach $19.33 in the next year. This suggests a possible upside of 10.2% from the stock's current price.
View analysts price targets for HIPO
or view top-rated stocks among Wall Street analysts.

How have HIPO shares performed in 2024?

Hippo's stock was trading at $9.12 at the beginning of the year. Since then, HIPO shares have increased by 92.3% and is now trading at $17.54.
View the best growth stocks for 2024 here
.

Are investors shorting Hippo?

Hippo saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 1,090,000 shares, a drop of 7.6% from the April 15th total of 1,180,000 shares. Based on an average daily trading volume, of 204,200 shares, the days-to-cover ratio is currently 5.3 days. Currently, 8.6% of the company's stock are short sold.
View Hippo's Short Interest
.

When is Hippo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our HIPO earnings forecast
.

How were Hippo's earnings last quarter?

Hippo Holdings Inc. (NYSE:HIPO) released its earnings results on Wednesday, March, 6th. The company reported ($1.76) EPS for the quarter, topping analysts' consensus estimates of ($2.04) by $0.28. The firm had revenue of $64.50 million for the quarter, compared to the consensus estimate of $57 million. Hippo had a negative net margin of 93.69% and a negative trailing twelve-month return on equity of 59.81%.

When did Hippo's stock split?

Hippo's stock reverse split on the morning of Friday, September 30th 2022. The 1-25 reverse split was announced on Friday, September 30th 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, September 30th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

What guidance has Hippo issued on next quarter's earnings?

Hippo updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $340.0 million-, compared to the consensus revenue estimate of $357.3 million.

Who are Hippo's major shareholders?

Hippo's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.12%), Hood River Capital Management LLC (1.34%), GSA Capital Partners LLP (0.26%), Sei Investments Co. (0.22%), Price T Rowe Associates Inc. MD (0.10%) and PEAK6 Investments LLC (0.06%). Insiders that own company stock include Anirudh Badia, Assaf Wand, John Drake Nichols, Noah Knauf, Richard Mccathron, Sam Landman and Yuval Harry.
View institutional ownership trends
.

How do I buy shares of Hippo?

Shares of HIPO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HIPO) was last updated on 5/17/2024 by MarketBeat.com Staff

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