During the last session, Robinhood Markets Inc (NASDAQ:HOOD)’s traded shares were 44.25 million, with the beta value of the company hitting 2.14. At the end of the trading day, the stock’s price was $44.73, reflecting an intraday loss of -7.10% or -$3.42. The 52-week high for the HOOD share is $66.91, that puts it down -49.59 from that peak though still a striking 68.75% gain since the share price plummeted to a 52-week low of $13.98. The company’s market capitalization is $39.61B, and the average intraday trading volume over the past 10 days was 47.03 million shares, and the average trade volume was 33.87 million shares over the past three months.
Robinhood Markets Inc (HOOD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.71. HOOD has a Sell rating from 5 analyst(s) out of 18 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.41.
Robinhood Markets Inc (NASDAQ:HOOD) trade information
Robinhood Markets Inc (HOOD) registered a -7.10% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.10% in intraday trading to $44.73, hitting a weekly high. The stock’s 5-day price performance is 4.51%, and it has moved by -2.59% in 30 days. Based on these gigs, the overall price performance for the year is 144.43%. The short interest in Robinhood Markets Inc (NASDAQ:HOOD) is 22.62 million shares and it means that shorts have 0.47 day(s) to cover.
The consensus price target of analysts on Wall Street is $55, which implies an increase of 18.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $40 and $69 respectively. As a result, HOOD is trading at a discount of -54.26% off the target high and 10.57% off the low.
Robinhood Markets Inc (HOOD) estimates and forecasts
In the rating firms’ projections, revenue will increase 25.45% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 917.12M as predicted by 12 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 915.9M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 618M and 682M respectively. In this case, analysts expect current quarter sales to grow by 48.40% and then jump by 34.30% in the coming quarter.
While earnings are projected to return -6.89% in 2025, the next five years will return 7.11% per annum.
HOOD Dividends
Robinhood Markets Inc is due to release its next quarterly earnings on 2025-Feb-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Robinhood Markets Inc (NASDAQ:HOOD)’s Major holders
Robinhood Markets Inc insiders own 1.21% of total outstanding shares while institutional holders control 73.56%, with the float percentage being 74.46%. VANGUARD GROUP INC is the largest shareholder of the company, while 968.0 institutions own stock in it. As of 2024-06-30, the company held over 60.42 million shares (or 6.9022% of all shares), a total value of $1.37 billion in shares.
The next largest institutional holding, with 36.21 million shares, is of RIBBIT MANAGEMENT COMPANY, LLC’s that is approximately 4.1094% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $822.28 million.
Also, the Mutual Funds coming in first place with the largest holdings of Robinhood Markets Inc (HOOD) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 22.7 shares. This amounts to just over 2.96 percent of the company’s overall shares, with a $1.02 billion market value. The same data shows that the other fund manager holds slightly less at 10.75, or about 1.40% of the stock, which is worth about $480.99 million.
