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

Health Insurance Innovations' stock was trading at $28.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HIIQ shares have decreased by 21.0% and is now trading at $22.35. View which stocks have been mosted impacted by Coronavirus.

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.

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.

Health Insurance Innovations Inc (NASDAQ:HIIQ) announced its quarterly earnings data on Tuesday, March, 3rd. The financial services provider reported $2.48 earnings per share for the quarter, topping analysts' consensus estimates of $2.39 by $0.09. The financial services provider had revenue of $160.90 million for the quarter, compared to the consensus estimate 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 period last year, the business posted $0.98 earnings per share. View Health Insurance Innovations' earnings history.

Health Insurance Innovations issued an update on its FY20 earnings guidance on Tuesday, March, 3rd. The company provided earnings per share guidance of $3.10-$4.15 for the period, compared to the Thomson Reuters consensus estimate of $4.72. The company issued revenue guidance of $290-$350 million, compared to the consensus revenue estimate of $426.74 million.

6 analysts have issued 1-year target prices for Health Insurance Innovations' stock. 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 year. This suggests a possible upside of 131.2% from the stock's current price. View analysts' price targets for Health Insurance Innovations.

News coverage about HIIQ stock has trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Health Insurance Innovations earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutHealth Insurance Innovations.

Health Insurance Innovations saw a decline in short interest in the month of February. As of February 14th, there was short interest totaling 9,160,000 shares, a decline of 5.2% from the January 30th total of 9,660,000 shares. Based on an average trading volume of 781,900 shares, the days-to-cover ratio is currently 11.7 days. Currently, 88.1% of the company's stock are short sold. View Health Insurance Innovations' Current Options Chain.

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).

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), Netflix (NFLX), AT&T (T), Advanced Micro Devices (AMD), Shopify (SHOP) and Applied Optoelectronics (AAOI).

Health Insurance Innovations trades on the NASDAQ under the ticker symbol "HIIQ."

Health Insurance Innovations' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Cannell Capital LLC (6.74%), River Road Asset Management LLC (5.52%), Point72 Asset Management L.P. (2.75%), Kornitzer Capital Management Inc. KS (2.20%), State Street Corp (1.48%) and Nuveen Asset Management LLC (1.26%). 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.

HIIQ stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Cannell Capital LLC, Southside Capital LLC, Geode Capital Management LLC, Raymond James & Associates, Marshall Wace North America L.P., AQR Capital Management LLC, and AXA. View insider buying and selling activity for Health Insurance Innovations.

HIIQ stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., River Road Asset Management LLC, Clear Harbor Asset Management LLC, Alliancebernstein L.P., Kornitzer Capital Management Inc. KS, Royce & Associates LP, Cambridge Investment Research Advisors Inc., and Independent Advisor Alliance. 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 activity for 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.

One share of HIIQ stock can currently be purchased for approximately $22.35.

Health Insurance Innovations has a market capitalization of $317.59 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.

The official website for Health Insurance Innovations is http://www.hiiq.com/.

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]