Hippo (HIPO) Stock Price, News & Analysis

Company Overview

Hippo Holdings Inc. provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. Its insurance products include homeowners' insurance against risks of fire, wind, and theft, as well as other personal lines policies from third party carriers; and personal and commercial, as well as home, auto, cyber, small business, life, specialty lines, and other insurance products. The company distributes insurance products and services through its technology platform and website, as well as operates licensed insurance agencies. Hippo Holdings Inc. is headquartered in Palo Alto, California.

Key Stats

• Today's Range: $27.73 to $28.80
• 50-Day Range: $16.41 to $29.66
• 52-Week Range: $7.75 to $29.74
• Volume: 228,507 shs
• Average Volume: 232,645 shs
• Market Capitalization: $700.59 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $24.67
• Consensus Rating: Moderate Buy

Hippo Stock Analysis - MarketRank™

Hippo scored higher than 21% of companies evaluated by MarketBeat, and ranked 860th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hippo has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Hippo has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Hippo are expected to grow in the coming year, from ($4.27) to ($1.99) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hippo is -5.52, 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. Sector

The P/E ratio of Hippo is -5.52, 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 Ratio

Hippo has a P/B Ratio of 1.81. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.83% of the float of Hippo has been sold short.

Short Interest Ratio / Days to Cover

Hippo has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Hippo has recently decreased by 6.85%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Hippo does not currently pay a dividend.

Dividend Growth

Hippo does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.83% of the float of Hippo has been sold short.

Short Interest Ratio / Days to Cover

Hippo has a short interest ratio ("days to cover") of 10.8, which indicates bearish sentiment.

Change versus previous month

Short interest in Hippo has recently decreased by 6.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.36

News Sentiment

Hippo has a news sentiment score of 0.36. 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 lower news sentiment than the 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Hippo this week, compared to 12 articles on an average week.

Search Interest

3 people have searched for HIPO on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

3 people have added Hippo to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hippo insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $538,171.00 in company stock.

Percentage Held by Insiders

11.37% of the stock of Hippo is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

43.01% of the stock of Hippo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HIPO Stock Analysis - Frequently Asked Questions

How have HIPO shares performed this year?

Hippo's stock was trading at $9.12 at the start of the year. Since then, HIPO stock has increased by 215.4% and is now trading at $28.76.
View the best growth stocks for 2024 here.

How were Hippo's earnings last quarter?

Hippo Holdings Inc. (NYSE:HIPO) posted its quarterly earnings data on Thursday, August, 8th. The company reported ($1.64) earnings per share for the quarter, missing analysts' consensus estimates of ($1.48) by $0.16. The firm had revenue of $89.60 million for the quarter, compared to analyst estimates of $85.40 million. Hippo had a negative trailing twelve-month return on equity of 36.38% and a negative net margin of 37.94%.

When did Hippo's stock split?

Shares of Hippo reverse split on the morning of 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 market closes 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.

Who are Hippo's major shareholders?

Hippo's top institutional shareholders include Geode Capital Management LLC (1.77%), State Street Corp (1.51%), Charles Schwab Investment Management Inc. (0.61%) and Connor Clark & Lunn Investment Management Ltd. (0.26%). Insiders that own company stock include Assaf Wand, Richard Mccathron, Noah Knauf, Yuval Harry, Anirudh Badia, Michael Stienstra, John Drake Nichols and Sam Landman.
View institutional ownership trends.

How do I buy shares of Hippo?

Shares of HIPO 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.

What other stocks do shareholders of Hippo own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hippo investors own include American Water Works (AWK), AUO (AUOTY), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/05/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:HIPO
• CUSIP: N/A
• CIK: 1828105
• Web: www.hippo.com
• Phone: 650-294-8463
• Fax: N/A
• Employees: 620
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.67
• High Stock Price Target: $28.00
• Low Stock Price Target: $21.00
• Potential Upside/Downside: -14.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($5.21)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-273,100,000.00
• Net Margins: -37.94%
• Pretax Margin: -33.97%
• Return on Equity: -36.38%
• Return on Assets: -8.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.89
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $334.70 million
• Price / Sales: 2.09
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $15.93 per share
• Price / Book: 1.81

Miscellaneous

• Outstanding Shares: 24,360,000
• Free Float: 21,590,000
• Market Cap: $700.59 million
• Optionable: Optionable
• Beta: 1.26