NASDAQ:HIIQ - Health Insurance Innovations Stock Price, News & Analysis

$18.34
+1.21 (+7.06 %)
(As of 08/20/2019 03:31 PM ET)
Today's Range
$17.00
Now: $18.34
$18.34
50-Day Range
$17.36
MA: $22.00
$26.62
52-Week Range
$16.25
Now: $18.34
$63.13
Volume42,721 shs
Average Volume764,145 shs
Market Capitalization$260.06 million
P/E Ratio9.99
Dividend YieldN/A
Beta1.3
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. Read More…

Industry, Sector and Symbol

Industry Insurance agents, brokers, & service
Sub-IndustryLife & Health Insurance
SectorFinance
Current SymbolNASDAQ:HIIQ
CUSIP42225K10
Phone813-397-1187

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$351.10 million
Cash Flow$2.6237 per share
Book Value$9.61 per share

Profitability

Net Income$12.99 million

Miscellaneous

Employees222
Market Cap$260.06 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 repurchase program on Tuesday, October 17th 2017, which permits the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Health Insurance Innovations' earnings last quarter?

Health Insurance Innovations Inc (NASDAQ:HIIQ) announced its quarterly earnings data on Monday, August, 5th. The financial services provider reported $0.71 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.46. The financial services provider earned $58.36 million during the quarter, compared to the consensus estimate of $76.76 million. Health Insurance Innovations had a net margin of 3.44% and a return on equity of 29.83%. The company's quarterly revenue was down 18.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 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 Monday, November 4th 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 Monday, August, 5th. The company provided earnings per share guidance of $4.00-4.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.93. The company issued revenue guidance of $450-460 million, compared to the consensus revenue estimate of $453.18 million.

What price target have analysts set for HIIQ?

7 equities research analysts have issued 1-year price objectives for Health Insurance Innovations' shares. Their predictions range from $40.00 to $75.00. On average, they anticipate Health Insurance Innovations' stock price to reach $55.00 in the next year. This suggests a possible upside of 201.7% from the stock's current price. View Analyst Price Targets for Health Insurance Innovations.

What is the consensus analysts' recommendation for Health Insurance Innovations?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Health Insurance Innovations in the last year. There are currently 6 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. " (8/10/2019)
  • 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 stories about HIIQ stock have trended positive this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 2.5 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Health Insurance Innovations.

Who are some of Health Insurance Innovations' key competitors?

Some companies that are related to Health Insurance Innovations include Goosehead Insurance (GSHD), Crawford & Company (CRD.A), Crawford & Company (CRD.B), AA (AATDF) 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), Micron Technology (MU), Alibaba Group (BABA), Square (SQ), Advanced Micro Devices (AMD), Canopy Growth (CGC), Energy Transfer LP Unit (ET), CVS Health (CVS), Shopify (SHOP) and Netflix (NFLX).

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 contact
  • Angela P. Bryant, Sr. VP & Gen. Counsel

Who are Health Insurance Innovations' major shareholders?

Health Insurance Innovations' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.49%), P2 Capital Partners LLC (5.96%), BlackRock Inc. (5.13%), Cardinal Capital Management LLC CT (5.06%), Nuveen Asset Management LLC (3.60%) and Capital Returns Management LLC (2.92%). 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 Cardinal Capital Management LLC CT, Russell Investments Group Ltd., Morgan Stanley, BlackRock Inc., Marshall Wace North America L.P., Wasatch Advisors Inc., Parametric Portfolio Associates LLC and Alpine Woods Capital Investors LLC. Company insiders that have sold Health Insurance Innovations company stock in the last year include Gavin Southwell, Michael D Hershberger and Michael W Kosloske. 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 P2 Capital Partners LLC, Nuveen Asset Management LLC, Capital Returns Management LLC, Vanguard Group Inc., Kornitzer Capital Management Inc. KS, AQR Capital Management LLC, Southside Capital LLC and Jeneq Management LP. 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 $18.23.

How big of a company is Health Insurance Innovations?

Health Insurance Innovations has a market capitalization of $258.50 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.View Additional Information About Health Insurance Innovations.

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 (star star star)
Outperform Votes:  337 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  567
MarketBeat'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 8/20/2019 by MarketBeat.com Staff

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