In the last trading session, 0.11 million shares of the Hippo Holdings Inc (NYSE:HIPO) were traded, and its beta was 1.47. Most recently the company’s share price was $22.34, and it changed around $0.13 or 0.59% from the last close, which brings the market valuation of the company to $562.01M. HIPO currently trades at a discount to its 52-week high of $35.44, offering almost -58.64% off that amount. The share price’s 52-week low was $14.58, which indicates that the current value has risen by an impressive 34.74% since then.
Hippo Holdings Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended HIPO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Hippo Holdings Inc is expected to report earnings per share of -0.32 for the current quarter.
Hippo Holdings Inc (NYSE:HIPO) trade information
Instantly HIPO has showed a green trend with a performance of 0.59% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 23.00 on recent trading dayincreased the stock’s daily price by 2.87%. The company’s shares are currently down -16.55% year-to-date, but still down -1.46% over the last five days. On the other hand, Hippo Holdings Inc (NYSE:HIPO) is -9.00% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $25.5, which translates to bulls needing to increase their stock price by 12.39% from its current value. Analyst projections state that HIPO is forecast to be at a low of $17.5 and a high of $100.
Hippo Holdings Inc (HIPO) estimates and forecasts
The year-over-year growth rate is expected to be 26.60%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 116.22M in revenue for the current quarter. 3 analysts expect Hippo Holdings Inc to make 121.8M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 89.6M and 95.5M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 29.72%. Forecasts for the next quarter put sales growth at 27.54%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -6.38%.
HIPO Dividends
Hippo Holdings Inc’s next quarterly earnings report is expected to be released in June.
BOND CAPITAL MANAGEMENT, LP, with 4.8718% or 1.2 million shares worth $20.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 552.35 shares worth $12.34 million, making up 2.20% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 526.12 shares worth around $11.75 million, which represents about 2.09% of the total shares outstanding.
