NASDAQ:HIIQHealth Insurance Innovations Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Health Insurance Innovations Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $21.43 -0.56 (-2.55 %) (As of 04/10/2020 08:37 AM ET) Add Compare Share Today's Range$20.40Now: $21.43▼$21.6950-Day Range$16.25MA: $24.39▼$31.0052-Week Range$15.95Now: $21.43▼$40.99Volume406,950 shsAverage Volume1.07 million shsMarket Capitalization$304.52 millionP/E Ratio8.64Dividend YieldN/ABeta0.97 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingHealth Insurance Innovations has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.67, Health Insurance Innovations has a potential upside of 141.1% from its current price of $21.43.Amount of Analyst CoverageHealth Insurance Innovations has only been the subject of 2 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesHealth Insurance Innovations has received 396 “outperform” votes. (Add your “outperform” vote.)Underperform VotesHealth Insurance Innovations has received 293 “underperform” votes. (Add your “underperform” vote.)Community SentimentHealth Insurance Innovations has received 57.47% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldHealth Insurance Innovations does not currently pay a dividend.Dividend GrowthHealth Insurance Innovations does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Health Insurance Innovations insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,281,488.00 in company stock.Percentage Held by Insiders47.88% of the stock of Health Insurance Innovations is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions97.73% of the stock of Health Insurance Innovations is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Health Insurance Innovations are expected to grow by 13.45% in the coming year, from $3.42 to $3.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Health Insurance Innovations is 8.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.55.Price to Earnings Ratio vs. SectorThe P/E ratio of Health Insurance Innovations is 8.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 13.51.Price to Book Value per Share RatioHealth Insurance Innovations has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.04 out of 5 stars 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 Ratio1.20 Current Ratio0.69 Quick Ratio1.10Price-To-Earnings Trailing P/E Ratio8.64 Forward P/E Ratio6.27 P/E GrowthN/A Sales & Book Value Annual Sales$381.81 million Price / Sales0.80 Cash Flow$3.51 per share Price / Cash Flow6.11 Book Value$9.61 per share Price / Book2.23Profitability EPS (Most Recent Fiscal Year)$3.53 Net Income$12.99 million Net Margins7.76% Return on Equity46.13% Return on Assets9.58%Miscellaneous Employees222 Outstanding Shares14,210,000Market Cap$304.52 million Next Earnings Date5/4/2020 (Estimated) OptionableOptionable 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. NASDAQ:HIIQ Rates by TradingView Health Insurance Innovations (NASDAQ:HIIQ) Frequently Asked Questions How has Health Insurance Innovations' stock been impacted by COVID-19 (Coronavirus)? Health Insurance Innovations' stock was trading at $28.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HIIQ stock has decreased by 24.2% and is now trading at $21.43. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Health Insurance Innovations? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Health Insurance Innovations in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Health Insurance Innovations. When is Health Insurance Innovations' next earnings date? Health Insurance Innovations is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Health Insurance Innovations. How were Health Insurance Innovations' earnings last quarter? Health Insurance Innovations Inc (NASDAQ:HIIQ) posted its quarterly earnings results on Tuesday, March, 3rd. The financial services provider reported $2.48 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.39 by $0.09. The financial services provider had revenue of $160.90 million for the quarter, compared to analysts' expectations of $160.99 million. Health Insurance Innovations had a net margin of 7.76% and a return on equity of 46.13%. The business's revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.98 EPS. View Health Insurance Innovations' earnings history. What guidance has Health Insurance Innovations issued on next quarter's earnings? Health Insurance Innovations updated its FY20 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share (EPS) guidance of $3.10-$4.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.72. The company issued revenue guidance of $290-$350 million, compared to the consensus revenue estimate of $426.74 million. What price target have analysts set for HIIQ? 6 brokers have issued twelve-month target prices for Health Insurance Innovations' shares. Their forecasts range from $40.00 to $75.00. On average, they expect Health Insurance Innovations' share price to reach $51.67 in the next twelve months. This suggests a possible upside of 141.1% from the stock's current price. View analysts' price targets for Health Insurance Innovations. Has Health Insurance Innovations been receiving favorable news coverage? Media coverage about HIIQ stock has been trending very negative on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive media 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 negative five to positive five, with scores nearest to five being the most favorable. Health Insurance Innovations earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutHealth Insurance Innovations. Who are some of Health Insurance Innovations' key competitors? Some companies that are related to Health Insurance Innovations include Metlife (MET), AFLAC (AFL), Prudential Financial (PRU), Principal Financial Group (PFG), Lincoln National (LNC), Primerica (PRI), Unum Group (UNM), CNO Financial Group (CNO), American Equity Investment Life (AEL), FBL Financial Group (FFG), National Western Life Group (NWLI), Independence (IHC), Citizens (CIA) and Kansas City Life Insurance (KCLI). 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), Energy Transfer LP Unit (ET), Alibaba Group (BABA), Square (SQ), AT&T (T), Netflix (NFLX), Advanced Micro Devices (AMD), Shopify (SHOP) and Applied Optoelectronics (AAOI). Who are Health Insurance Innovations' key executives? Health Insurance Innovations' management team includes the following 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 What is Health Insurance Innovations' stock symbol? Health Insurance Innovations trades on the NASDAQ under the ticker symbol "HIIQ." 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, Robinhood, Fidelity, and Charles Schwab. What is Health Insurance Innovations' stock price today? One share of HIIQ stock can currently be purchased for approximately $21.43. How big of a company is Health Insurance Innovations? Health Insurance Innovations has a market capitalization of $304.52 million and generates $381.81 million in revenue each year. The financial services provider earns $12.99 million in net income (profit) each year or $3.53 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] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: Conference Calls and Individual Investors
