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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:MILE

Metromile Stock Forecast, Price & News

$0.94
+0.01 (+1.56%)
(As of 06/24/2022 04:00 PM ET)
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Today's Range
$0.90
$0.98
50-Day Range
$0.76
$1.15
52-Week Range
$0.75
$9.48
Volume
11.22 million shs
Average Volume
1.46 million shs
Market Capitalization
$122.59 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.53
30 days | 90 days | 365 days | Advanced Chart

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MILE Stock Forecast (MarketRank)

Overall MarketRank

1.80 out of 5 stars

Finance Sector

887th out of 1,356 stocks

Fire, Marine, & Casualty Insurance Industry

46th out of 74 stocks

Analyst Opinion: 3.0Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
Metromile logo

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.

MILE Stock News Headlines

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Industry, Sector and Symbol

Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MILE
Fax
N/A
Employees
384
Year Founded
N/A

Company Calendar

Last Earnings
5/10/2022
Today
6/27/2022
Next Earnings (Estimated)
8/08/2022
Fiscal Year End
12/31/2022

Price 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 Rating
Hold
Rating Score (0-4)
2
Research Coverage
2 Analysts

Profitability

Net Income
$-216.46 million
Net Margins
-130.53%
Pretax Margin
-167.33%

Debt

Sales & Book Value

Annual Sales
$104.90 million
Book Value
$1.45 per share

Miscellaneous

Free Float
N/A
Market Cap
$122.59 million
Optionable
Optionable
Beta
0.64














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 Communications
  • Mr. Troy Dye, Sr. VP of Growth
  • Mr. Matt Stein, Sr. VP of Product
  • Mr. Jim Huscroft, Sr. VP of Claims
  • Mr. Jesse Mckendry, Sr. VP of Insurance (Age 49)

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

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