NASDAQ:HIIQ - Health Insurance Innovations Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $24.62 -0.79 (-3.11 %) (As of 05/24/2019 07:48 AM ET)Previous Close$25.41Today's Range$24.25 - $25.1452-Week Range$18.27 - $63.13Volume527,156 shsAverage Volume965,136 shsMarket Capitalization$342.91 millionP/E Ratio13.38Dividend YieldN/ABeta1.61 ProfileAnalyst RatingsChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Health Insurance Innovations, Inc. operates as a cloud-based technology platform and distributor of individual and family health insurance plans, and supplemental products in the United States. It offers short-term medical plans that provide 3 months to 12 months of health insurance coverage with various deductible and copay levels; health benefit insurance plans, which offer fixed cash benefits and additional benefits for procedures and services; and supplemental insurance products, including life insurance policies, dental plans, vision plans, cancer/critical illness plans, deductible and gap protection plans, and pharmacy benefit cards. The company offers individual and family health insurance plans, and supplemental products in concert with insurance carriers and discount benefit providers; and markets them to individuals through a network of distributors. Health Insurance Innovations, Inc. was founded in 2008 and is based in Tampa, Florida. Receive HIIQ News and Ratings via Email Sign-up to receive the latest news and ratings for HIIQ and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Insurance agents, brokers, & service Sub-IndustryLife & Health Insurance SectorFinance Current SymbolNASDAQ:HIIQ Previous Symbol CUSIP42225K10 CIK1561387 Webhttp://www.hiiq.com/ Phone813-397-1187Debt Debt-to-Equity RatioN/A Current Ratio0.27 Quick Ratio0.27Price-To-Earnings Trailing P/E Ratio13.38 Forward P/E Ratio8.76 P/E GrowthN/A Sales & Book Value Annual Sales$351.10 million Price / Sales0.98 Cash Flow$2.3650 per share Price / Cash Flow10.41 Book Value$7.12 per share Price / Book3.46Profitability EPS (Most Recent Fiscal Year)$1.84 Net Income$12.99 million Net Margins3.48% Return on Equity28.56% Return on Assets10.86%Miscellaneous Employees222 Outstanding Shares13,928,000Market Cap$342.91 million Next Earnings Date8/7/2019 (Estimated) OptionableOptionable Health Insurance Innovations (NASDAQ:HIIQ) Frequently Asked Questions What is Health Insurance Innovations' stock symbol? Health Insurance Innovations trades on the NASDAQ under the ticker symbol "HIIQ." How will Health Insurance Innovations' stock buyback program work? Health Insurance Innovations declared that its board has approved a share buyback plan on Tuesday, October 17th 2017, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its shares are undervalued. How were Health Insurance Innovations' earnings last quarter? Health Insurance Innovations Inc (NASDAQ:HIIQ) released its quarterly earnings data on Monday, May, 6th. The financial services provider reported $0.31 EPS for the quarter, missing analysts' consensus estimates of $0.39 by $0.08. The financial services provider earned $87.33 million during the quarter, compared to analysts' expectations of $83.58 million. Health Insurance Innovations had a return on equity of 28.56% and a net margin of 3.48%. The company's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 EPS. View Health Insurance Innovations' Earnings History. When is Health Insurance Innovations' next earnings date? Health Insurance Innovations is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Health Insurance Innovations. What guidance has Health Insurance Innovations issued on next quarter's earnings? Health Insurance Innovations issued an update on its FY19 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of $3.20-3.35 for the period, compared to the Thomson Reuters consensus estimate of $3.03. The company issued revenue guidance of $430-440 million, compared to the consensus revenue estimate of $347.56 million.Health Insurance Innovations also updated its FY 2019 guidance to $3.20-3.35 EPS. What price target have analysts set for HIIQ? 8 analysts have issued twelve-month price targets for Health Insurance Innovations' shares. Their predictions range from $45.00 to $75.00. On average, they expect Health Insurance Innovations' share price to reach $59.00 in the next year. This suggests a possible upside of 139.6% from the stock's current price. View Analyst Price Targets for Health Insurance Innovations. What is the consensus analysts' recommendation for Health Insurance Innovations? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Health Insurance Innovations in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Health Insurance Innovations. What are Wall Street analysts saying about Health Insurance Innovations stock? Here are some recent quotes from research analysts about Health Insurance Innovations stock: 1. According to Zacks Investment Research, "Health Insurance Innovations, Inc. operates as a developer and administrator of web-based individual health insurance plans and ancillary products. Its product portfolio consists of short-term medical plans, accident, sickness & hospital medical plans, ancillary insurance, life insurance, lifestyle and discount services. Health Insurance Innovations, Inc. is based in Tampa, Florida. " (5/21/2019) 2. Northland Securities analysts commented, "We believe these items provide tremendous optionality for HIIQ in 2019 and 2020. Further the set up into 2019 reminds us of eHealth (ticker EHTH) when they adopted ASC 606 15 months ago, take a look at that chart. Reiterate OP and 2019 Top Pick." (5/7/2019) 3. Cantor Fitzgerald analysts commented, ". We reiterate our Overweight rating on HIIQ shares and our price target remains at $75. 27, new documents were posted concerning the pending FTC lawsuit against Steve Dorfman. As a reminder, the FTC placed a temporary restraining order on HIIQ subsequently ended its relationship with Simple and Mr. Dorfman. Recently, investors have been concerned about HIIQ’s past relationship with Simple and Mr. Dorfman. We point out that HIIQ is legally not allowed to cancel polices sold by Simple Health. It continues to collect payment on these policies as an administrator. Consumers can always chose to terminate the policies." (3/28/2019) Has Health Insurance Innovations been receiving favorable news coverage? News articles about HIIQ stock have been trending positive on Friday, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Health Insurance Innovations earned a news sentiment score of 2.6 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. Who are some of Health Insurance Innovations' key competitors? Some companies that are related to Health Insurance Innovations include CorVel (CRVL), Goosehead Insurance (GSHD), AA (AATDF), Crawford & Company (CRD.A), Crawford & Company (CRD.B) and Marketing Alliance (MAAL). What other stocks do shareholders of Health Insurance Innovations own? Based on aggregate information from My MarketBeat watchlists, some companies that other Health Insurance Innovations investors own include NVIDIA (NVDA), Square (SQ), Micron Technology (MU), Alibaba Group (BABA), Energy Transfer LP Unit (ET), Netflix (NFLX), Canopy Growth (CGC), Veeva Systems (VEEV), Advanced Micro Devices (AMD) and CVS Health (CVS). Who are Health Insurance Innovations' key executives? Health Insurance Innovations' management team includes the folowing people: Mr. Gavin D. Southwell, Pres, CEO & Director (Age 41)Mr. Michael W. Kosloske, Founder & Director (Age 55)Mr. Michael D. Hershberger, CFO, Treasurer & Sec. (Age 56)Mr. John Evans, Investor Relations contactAngela P. Bryant, Sr. VP & Gen. Counsel Who are Health Insurance Innovations' major shareholders? Health Insurance Innovations' stock is owned by a variety of of institutional and retail investors. Top institutional investors include TimesSquare Capital Management LLC (8.05%), Cannell Capital LLC (5.16%), BlackRock Inc. (4.87%), State of New Jersey Common Pension Fund D (3.25%), River Road Asset Management LLC (2.30%) and B. Riley Financial Inc. (2.19%). Company insiders that own Health Insurance Innovations stock include Anthony Barkett, Bruce Telkamp, Gavin Southwell, John Fichthorn, Michael D Hershberger, Michael W Kosloske, Robert S Murley and Sheldon Wang. View Institutional Ownership Trends for Health Insurance Innovations. Which major investors are selling Health Insurance Innovations stock? HIIQ stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Marshall Wace LLP, TimesSquare Capital Management LLC, Gabelli Funds LLC, Wells Fargo & Company MN, Marshall Wace North America L.P., SG Americas Securities LLC and Kornitzer Capital Management Inc. KS. Company insiders that have sold Health Insurance Innovations company stock in the last year include Bruce Telkamp, Gavin Southwell, John Fichthorn, Michael D Hershberger, Michael W Kosloske and Sheldon Wang. View Insider Buying and Selling for Health Insurance Innovations. Which major investors are buying Health Insurance Innovations stock? HIIQ stock was purchased by a variety of institutional investors in the last quarter, including River Road Asset Management LLC, Morgan Stanley, B. Riley Financial Inc., Wasatch Advisors Inc., Cannell Capital LLC, State of New Jersey Common Pension Fund D, Raymond James & Associates and 361 Capital LLC. Company insiders that have bought Health Insurance Innovations stock in the last two years include Anthony Barkett, John Fichthorn and Robert S Murley. View Insider Buying and Selling for Health Insurance Innovations. How do I buy shares of Health Insurance Innovations? Shares of HIIQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Health Insurance Innovations' stock price today? One share of HIIQ stock can currently be purchased for approximately $24.62. How big of a company is Health Insurance Innovations? Health Insurance Innovations has a market capitalization of $342.91 million and generates $351.10 million in revenue each year. The financial services provider earns $12.99 million in net income (profit) each year or $1.84 on an earnings per share basis. Health Insurance Innovations employs 222 workers across the globe. What is Health Insurance Innovations' official website? The official website for Health Insurance Innovations is http://www.hiiq.com/. How can I contact Health Insurance Innovations? Health Insurance Innovations' mailing address is 15438 N. FLORIDA AVENUE SUITE 201, TAMPA FL, 33613. The financial services provider can be reached via phone at 813-397-1187 or via email at [email protected] MarketBeat Community Rating for Health Insurance Innovations (NASDAQ HIIQ)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 314 (Vote Outperform)Underperform Votes: 211 (Vote Underperform)Total Votes: 525MarketBeat's community ratings are surveys of what our community members think about Health Insurance Innovations and other stocks. Vote "Outperform" if you believe HIIQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HIIQ will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 5/24/2019 by MarketBeat.com StaffFeatured Article: How to calculate compound interest Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.