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Robinhood Markets (HOOD) Stock Price, News & Analysis

Robinhood Markets logo
$33.00 +0.20 (+0.61%)
(As of 11/12/2024 ET)

About Robinhood Markets Stock (NASDAQ:HOOD)

Key Stats

Today's Range
$31.46
$33.76
50-Day Range
$18.94
$32.80
52-Week Range
$7.91
$34.32
Volume
26.01 million shs
Average Volume
15.96 million shs
Market Capitalization
$29.17 billion
P/E Ratio
55.93
Dividend Yield
N/A
Price Target
$26.10
Consensus Rating
Hold

Company Overview

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services. It also provides various learning and education solutions comprise Snacks, an accessible digest of business news stories for a new generation of investors.; Learn, which is an online collection of beginners' guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free, premium news from sites from various sites, such as Barron's, Reuters, and Dow Jones. In addition, the company offers In-App Education, a resource that covers investing fundamentals, including why people invest, a stock market overview, and tips on how to define investing goals, as well as allows customers to understand the basics of investing before their first trade; and Crypto Learn and Earn, an educational module available to various crypto customers through Robinhood Learn to teach customers the basics related to cryptocurrency. Further, it provides Robinhood credit cards, cash card and spending accounts, and wallets. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.

Robinhood Markets Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
85th Percentile Overall Score

HOOD MarketRank™: 

Robinhood Markets scored higher than 85% of companies evaluated by MarketBeat, and ranked 254th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Robinhood Markets has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 8 buy ratings, 7 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Robinhood Markets has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Robinhood Markets' stock forecast and price target.
  • Earnings Growth

    Earnings for Robinhood Markets are expected to grow by 9.86% in the coming year, from $0.71 to $0.78 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Robinhood Markets is 55.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.43.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Robinhood Markets is 55.93, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 34.33.

  • Price to Earnings Growth Ratio

    Robinhood Markets has a PEG Ratio of 0.73. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Robinhood Markets has a P/B Ratio of 4.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Robinhood Markets' valuation and earnings.
  • Percentage of Shares Shorted

    3.34% of the float of Robinhood Markets has been sold short.
  • Short Interest Ratio / Days to Cover

    Robinhood Markets has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Robinhood Markets has recently decreased by 12.23%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Robinhood Markets does not currently pay a dividend.

  • Dividend Growth

    Robinhood Markets does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.34% of the float of Robinhood Markets has been sold short.
  • Short Interest Ratio / Days to Cover

    Robinhood Markets has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Robinhood Markets has recently decreased by 12.23%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Robinhood Markets has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 48 news articles for Robinhood Markets this week, compared to 21 articles on an average week.
  • Search Interest

    90 people have searched for HOOD on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
  • MarketBeat Follows

    28 people have added Robinhood Markets to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Robinhood Markets insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $118,173,265.00 in company stock.

  • Percentage Held by Insiders

    19.95% of the stock of Robinhood Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    93.27% of the stock of Robinhood Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Robinhood Markets' insider trading history.
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HOOD Stock News Headlines

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HOOD Stock Analysis - Frequently Asked Questions

Robinhood Markets' stock was trading at $12.74 at the start of the year. Since then, HOOD shares have increased by 159.0% and is now trading at $33.00.
View the best growth stocks for 2024 here
.

Robinhood Markets, Inc. (NASDAQ:HOOD) issued its quarterly earnings results on Wednesday, October, 30th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.01. Robinhood Markets's revenue for the quarter was up 36.4% compared to the same quarter last year.

Robinhood Markets (HOOD) raised $2.2 billion in an initial public offering (IPO) on Thursday, July 29th 2021. The company issued 55,000,000 shares at a price of $38.00-$42.00 per share. Goldman Sachs, J.P. Morgan, Barclays, Citigroup and Wells Fargo Securities acted as the underwriters for the IPO and Mizuho Securities, JMP Securities, Piper Sandler, KeyBanc Capital Markets, Rosenblatt Securities, BMO Capital Markets, BTIG, Santander, Academy Securities, Loop Capital Markets, Ramirez & Co. and Siebert Williams Shank were co-managers.

Robinhood Markets' top institutional shareholders include Sumitomo Mitsui Trust Group Inc. (2.60%), ARK Investment Management LLC (2.03%), Charles Schwab Investment Management Inc. (0.52%) and Allspring Global Investments Holdings LLC (0.43%). Insiders that own company stock include Meyer Malka, Jason Warnick, Daniel Martin Gallagher Jr, Steven M Quirk, Baiju Bhatt, Scott D Sandell and Vladimir Tenev.
View institutional ownership trends
.

Shares of HOOD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Robinhood Markets investors own include Meta Platforms (META), NVIDIA (NVDA), Zomedica (ZOM), SoFi Technologies (SOFI), Tesla (TSLA), Advanced Micro Devices (AMD) and Palantir Technologies (PLTR).

Company Calendar

Last Earnings
10/30/2024
Today
11/12/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/11/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Security brokers & dealers
Sub-Industry
Trading
Current Symbol
NASDAQ:HOOD
Fax
N/A
Employees
2,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.10
High Stock Price Target
$40.00
Low Stock Price Target
$9.50
Potential Upside/Downside
-20.4%
Consensus Rating
Hold
Rating Score (0-4)
2.44
Research Coverage
16 Analysts

Profitability

Net Income
$-541,000,000.00
Pretax Margin
22.22%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Book Value
$8.15 per share

Miscellaneous

Free Float
707,623,000
Market Cap
$28.99 billion
Optionable
Optionable
Beta
1.84
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This page (NASDAQ:HOOD) was last updated on 11/13/2024 by MarketBeat.com Staff
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