NASDAQ:MILE Metromile Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Metromile, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $0.94 +0.01 (+1.56%) (As of 06/24/2022 04:00 PM ET) Add Compare Share Today's Range$0.90▼$0.9850-Day Range$0.76▼$1.1552-Week Range$0.75▼$9.48Volume11.22 million shsAverage Volume1.46 million shsMarket Capitalization$122.59 millionP/E RatioN/ADividend YieldN/APrice Target$4.53 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MILE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Metromile and its competitors with MarketBeat's FREE daily newsletter. Email Address MILE Stock Forecast (MarketRank)Overall MarketRank™1.80 out of 5 starsFinance Sector887th out of 1,356 stocksFire, Marine, & Casualty Insurance Industry46th out of 74 stocksAnalyst Opinion: 3.0Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 - 3.0 Analyst's Opinion Consensus RatingMetromile has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.53, Metromile has a forecasted upside of 381.4% from its current price of $0.94.Amount of Analyst CoverageMetromile has received no research coverage in the past 90 days. Previous Next 3.1 Community Rank Outperform VotesMetromile has received 10 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMetromile has received 12 “underperform” votes. (Add your “underperform” vote.)Community SentimentMetromile has received 54.55% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Metromile and other stocks. Vote “Outperform” if you believe MILE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MILE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldMetromile does not currently pay a dividend.Dividend GrowthMetromile does not have a long track record of dividend growth. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Metromile insiders have not sold or bought any company stock.Percentage Held by Institutions62.46% of the stock of Metromile is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Metromile are expected to grow in the coming year, from ($1.00) to ($0.86) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Metromile is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Metromile is -0.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMetromile has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Metromile (NASDAQ:MILE)Metromile, Inc. provides insurance policies for automobile owners in the United States. It operates through two segments, Insurance Services and Enterprise Business Solutions. The company offers pay-per-mile auto insurance policies. It also provides The Pulse, a device that plugs into the diagnostic port of its customer's car and transmits data, such as miles driven, driving habits, phone use, speeding, hard braking, accelerating, cornering, and location over wireless cellular networks. In addition, the company offers access to its technology under software as a service arrangement, as well as professional services to third-party customers. Metromile, Inc. was founded in 2011 and is headquartered in San Francisco, California.Read More MILE Stock News HeadlinesJune 24, 2022 | americanbankingnews.comAnalyzing Mercury General (NYSE:MCY) and Metromile (NASDAQ:MILE)June 23, 2022 | bizjournals.comThe SPAC bubble has burst, but the CEO of this Betsy Cohen-backed sponsor isn't worried - Philadelphia Business Journal - The Business JournalsJune 18, 2022 | finance.yahoo.comEverything You Need to Know About Lemonade's Upcoming AcquisitionJune 17, 2022 | nasdaq.comWhy Shares of Lemonade Popped 5.5% Higher Today - NasdaqJune 11, 2022 | nasdaq.comThe 7 Best Robinhood Stocks to Buy Now For Under $20 - NasdaqJune 11, 2022 | nasdaq.comEverything You Need to Know About Lemonade's Upcoming Acquisition - NasdaqJune 10, 2022 | nasdaq.com7 No-Brainer Biotech Stocks to Add to Your Buy List - NasdaqJune 10, 2022 | nasdaq.comThe 4 Best Fidelity Funds to Buy for the Income - NasdaqJune 10, 2022 | nasdaq.com4 Infrastructure Stocks to Buy in June - NasdaqJune 10, 2022 | nasdaq.comTesla Files for a 3-for-1 Stock Split. Will It Fuel a Bounce? - NasdaqJune 9, 2022 | bloomberg.comSPAC Fire Sales Stick Investors With Deeply Discounted Buyouts - BloombergJune 8, 2022 | fool.com1 Reason Why This Is My Favorite Insurance Stock Right Now - The Motley FoolJune 2, 2022 | techcrunch.comInsurtech Policygenius cuts 25% of staff, less than 3 months after raising $125M - TechCrunchSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Fire, marine, & casualty insurance Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MILE CUSIPN/A CIK1819035 Webwww.metromile.com Phone888-242-5204FaxN/AEmployees384Year FoundedN/ACompany Calendar Last Earnings5/10/2022Today6/27/2022Next Earnings (Estimated)8/08/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$4.53 High Stock Price Forecast$7.00 Low Stock Price Forecast$2.05 Forecasted Upside/Downside+381.4%Consensus RatingHold Rating Score (0-4)2 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-216.46 million Net Margins-130.53% Pretax Margin-167.33% Return on Equity-57.64% Return on Assets-35.26% Debt Debt-to-Equity RatioN/A Current Ratio2.13 Quick Ratio2.13 Sales & Book Value Annual Sales$104.90 million Price / Sales1.17 Cash FlowN/A Price / Cash FlowN/A Book Value$1.45 per share Price / Book0.65Miscellaneous Outstanding Shares130,420,000Free FloatN/AMarket Cap$122.59 million OptionableOptionable Beta0.64 Metromile Frequently Asked Questions Should I buy or sell Metromile stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Metromile in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Metromile stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MILE, but not buy additional shares or sell existing shares. View analyst ratings for Metromile or view top-rated stocks. What is Metromile's stock price forecast for 2022? 2 Wall Street analysts have issued 1 year price objectives for Metromile's stock. Their MILE stock forecasts range from $2.05 to $7.00. On average, they predict Metromile's share price to reach $4.53 in the next twelve months. This suggests a possible upside of 381.4% from the stock's current price. View analysts' price targets for Metromile or view top-rated stocks among Wall Street analysts. How has Metromile's stock performed in 2022? Metromile's stock was trading at $2.19 at the beginning of the year. Since then, MILE stock has decreased by 57.1% and is now trading at $0.94. View the best growth stocks for 2022 here. When is Metromile's next earnings date? Metromile is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for Metromile. How were Metromile's earnings last quarter? Metromile, Inc. (NASDAQ:MILE) issued its earnings results on Tuesday, May, 10th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.17. The company earned $20.70 million during the quarter, compared to analyst estimates of $11.60 million. Metromile had a negative trailing twelve-month return on equity of 57.64% and a negative net margin of 130.53%. View Metromile's earnings history. Who are Metromile's key executives? Metromile's management team includes the following people: Mr. Dan Preston, CEO, Pres & Director (Age 37, Pay $479.89k)Mr. Regi Vengalil, Chief Financial Officer (Age 39, Pay $283.96k)Ms. Lindsay Alexovich, Chief Accounting Officer & Treasurer (Age 39, Pay $339.71k)Ms. Junna Ro, Gen. Counsel & Corp. Sec.Ms. Debra Jack, VP of CommunicationsMr. Troy Dye, Sr. VP of GrowthMr. Matt Stein, Sr. VP of ProductMr. Jim Huscroft, Sr. VP of ClaimsMr. Jesse Mckendry, Sr. VP of Insurance (Age 49) Who are some of Metromile's key competitors? Some companies that are related to Metromile include Universal Insurance (UVE), Tiptree (TIPT), GAINSCO (GANS), Global Indemnity Group (GBLI), NI (NODK), Root (ROOT), Trean Insurance Group (TIG), Greenlight Capital Re (GLRE), Maiden (MHLD), Omnichannel Acquisition (OCA), Kingsway Financial Services (KFS), Deep Yellow (DYLLF), Heritage Insurance (HRTG), United Insurance (UIHC) and First Acceptance (FACO). View all of MILE's competitors. What is Metromile's stock symbol? Metromile trades on the NASDAQ under the ticker symbol "MILE." Who are Metromile's major shareholders? Metromile's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.88%), Vanguard Group Inc. (2.43%), State Street Corp (2.28%), Ergoteles LLC (1.86%), Goldman Sachs Group Inc. (1.64%) and Bank of Montreal Can (1.00%). View institutional ownership trends for Metromile. Which major investors are selling Metromile stock? MILE stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., JPMorgan Chase & Co., Keebeck Alpha LP, Simplex Trading LLC, Nantahala Capital Management LLC, Jane Street Group LLC, UBS Group AG, and Cutler Group LP. View insider buying and selling activity for Metromile or view top insider-selling stocks. Which major investors are buying Metromile stock? MILE stock was acquired by a variety of institutional investors in the last quarter, including Ergoteles LLC, Bank of Montreal Can, Citigroup Inc., Qube Research & Technologies Ltd, Goldman Sachs Group Inc., State Street Corp, Renaissance Technologies LLC, and BlackRock Inc.. View insider buying and selling activity for Metromile or or view top insider-buying stocks. How do I buy shares of Metromile? Shares of MILE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Metromile's stock price today? One share of MILE stock can currently be purchased for approximately $0.94. How much money does Metromile make? Metromile (NASDAQ:MILE) has a market capitalization of $122.59 million and generates $104.90 million in revenue each year. The company earns $-216.46 million in net income (profit) each year or ($1.81) on an earnings per share basis. How many employees does Metromile have? Metromile employs 384 workers across the globe. How can I contact Metromile? Metromile's mailing address is 425 MARKET STREET #700, SAN FRANCISCO CA, 94105. The official website for Metromile is www.metromile.com. The company can be reached via phone at 888-242-5204 or via email at [email protected]. This page (NASDAQ:MILE) was last updated on 6/27/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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