For Risk-Tolerant Investors, Robinhood Markets Inc (NASDAQ: HOOD) Is Worth A Shot

Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares stood at 2.98 million during the latest session, with the company’s beta value hitting 1.83. At the last check today, the stock’s price was $21.96, to imply a decrease of -0.36% or -$0.08 in intraday trading. The HOOD share’s 52-week high remains $24.28, putting it -10.56% down since that peak but still an impressive 63.98% since price per share fell to its 52-week low of $7.91. The company has a valuation of $19.30B, with an average of 17.05 million shares over the past 3 months.

Robinhood Markets Inc (NASDAQ:HOOD) trade information

After registering a -0.36% downside in the latest session, Robinhood Markets Inc (HOOD) has traded red over the past five days. The stock hit a weekly high of 23.27, dropping -0.36% in its intraday price action. The 5-day price performance for the stock is -3.18%, and -5.43% over 30 days. With these gigs, the year-to-date price performance is 72.37%.

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Robinhood Markets Inc (HOOD) estimates and forecasts

Looking at statistics comparing Robinhood Markets Inc share performance against respective industry, we note that the company has outperformed competitors. Robinhood Markets Inc (HOOD) shares are 80.89% up over the last 6 months, with its year-to-date growth rate higher than industry average at 190.16% against 22.20%. The rating firms project that company’s revenue will grow 31.00% compared to the previous financial year.

Revenue forecast for the current quarter as set by 11 analysts is 629.52M. Meanwhile, for the current quarter, a total of 10 analyst(s) estimate revenue growth to 596.31M.

HOOD Dividends

Robinhood Markets Inc has its next earnings report out in August. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Robinhood Markets Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders

Robinhood Markets Inc insiders hold 0.84% of total outstanding shares, with institutional holders owning 78.69% of the shares at 79.36% float percentage. In total, 78.69% institutions holds shares in the company, led by Vanguard Group Inc. As of Mar 31, 2024 , the company held over 56.83 shares (or 7.53% of shares), all amounting to roughly $1.26 billion.

The next major institution holding the largest number of shares is Index Venture Associates VI Ltd with 43.4 shares, or about 5.75% of shares outstanding. As of the market price on Mar 31, 2024 , these shares were worth $960.44 million.