Hippo (HIPO) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hippo in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HIPO shares.
View HIPO analyst ratings or view top-rated stocks.

4 equities research analysts have issued 12-month target prices for Hippo's shares. Their HIPO share price forecasts range from $17.50 to $70.00. On average, they anticipate the company's share price to reach $33.88 in the next twelve months. This suggests a possible upside of 110.5% from the stock's current price.
View analysts price targets for HIPO or view top-rated stocks among Wall Street analysts.

Hippo's stock was trading at $13.60 at the beginning of 2023. Since then, HIPO stock has increased by 18.3% and is now trading at $16.09.
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Hippo saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 907,600 shares, a drop of 7.5% from the April 30th total of 981,000 shares. Based on an average daily trading volume, of 93,600 shares, the short-interest ratio is presently 9.7 days. Currently, 7.4% of the shares of the stock are sold short.
View Hippo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our HIPO earnings forecast.

Hippo Holdings Inc. (NYSE:HIPO) issued its quarterly earnings results on Thursday, March, 2nd. The company reported ($2.74) earnings per share for the quarter, hitting the consensus estimate of ($2.74). The firm had revenue of $35.80 million for the quarter, compared to analyst estimates of $35 million. Hippo had a negative net margin of 248.59% and a negative trailing twelve-month return on equity of 44.09%.

Shares of Hippo reverse split before market open on Friday, September 30th 2022. The 1-25 reverse split was announced on Friday, September 30th 2022. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 30th 2022. An investor that had 100 shares of stock prior to the reverse split would have 4 shares after the split.

Hippo issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $173.56M-, compared to the consensus revenue estimate of $178.63 million.

Hippo trades on the New York Stock Exchange (NYSE) under the ticker symbol "HIPO."

Hippo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alyeska Investment Group L.P. (2.00%), Geode Capital Management LLC (1.33%), State Street Corp (1.25%), Wellington Management Group LLP (0.52%), Charles Schwab Investment Management Inc. (0.47%) and Renaissance Technologies LLC (0.37%). Insiders that own company stock include Assaf Wand, Noah Knauf, Richard Mccathron and Sam Landman.
View institutional ownership trends.

Shares of HIPO stock 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.
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One share of HIPO stock can currently be purchased for approximately $16.09.

Hippo (NYSE:HIPO) has a market capitalization of $374.25 million and generates $119.70 million in revenue each year. The company earns $-333,400,000.00 in net income (profit) each year or ($14.66) on an earnings per share basis.

The company employs 621 workers across the globe.

Hippo's mailing address is 215 PARK AVENUE FLOOR 11, NEW YORK NY, 10003. The official website for the company is www.hippo.com. The company can be reached via phone at 650-294-8463 or via email at investors@hippo.com.