Hippo (HIPO) Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hippo in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HIPO shares.
View HIPO analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 1-year target prices for Hippo's shares. Their HIPO share price forecasts range from $17.50 to $50.00. On average, they expect the company's stock price to reach $27.38 in the next twelve months. This suggests a possible upside of 243.5% 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 start of the year. Since then, HIPO stock has decreased by 41.4% and is now trading at $7.97.
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Hippo saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 891,800 shares, an increase of 8.5% from the August 31st total of 821,800 shares. Based on an average daily trading volume, of 105,400 shares, the days-to-cover ratio is presently 8.5 days. Currently, 7.1% of the company's shares are sold short.
View Hippo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our HIPO earnings forecast.

Hippo Holdings Inc. (NYSE:HIPO) announced its quarterly earnings data on Tuesday, August, 8th. The company reported ($4.61) EPS for the quarter, missing the consensus estimate of ($2.31) by $2.30. The firm earned $47.70 million during the quarter, compared to analysts' expectations of $47 million. Hippo had a negative trailing twelve-month return on equity of 56.30% and a negative net margin of 240.20%.

ETFs with the largest weight of Hippo (NYSE:HIPO) stock in their portfolio include Playtech (PTEC).

Hippo shares 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, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $178.00 million-$178.00 million, compared to the consensus revenue estimate of $206.91 million.

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

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 $7.97.

Hippo (NYSE:HIPO) has a market capitalization of $188.61 million and generates $154 million in revenue each year. The company earns $-333,400,000.00 in net income (profit) each year or ($16.02) on an earnings per share basis.

The company employs 590 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.