Hippo Holdings Inc (NYSE: HIPO) |
|
Price: $30.1100
$-0.80
-2.588%
|
Day's High:
| $31.43
| Week Perf:
| -2.75 %
|
Day's Low: |
$ 29.97 |
30 Day Perf: |
12.35 % |
Volume (M): |
75 |
52 Wk High: |
$ 34.24 |
Volume (M$): |
$ 2,249 |
52 Wk Avg: |
$20.88 |
Open: |
$31.43 |
52 Wk Low: |
$10.26 |
|
|
Market Capitalization (Millions $) |
755 |
Shares
Outstanding (Millions) |
25 |
Employees |
516 |
Revenues (TTM) (Millions $) |
335 |
Net Income (TTM) (Millions $) |
-115 |
Cash Flow (TTM) (Millions $) |
-39 |
Capital Exp. (TTM) (Millions $) |
15 |
Hippo Holdings Inc
Hippo Holdings Inc, commonly referred to as Hippo, is an insurance technology company that specializes in developing homeowners' insurance products. The company was founded in 2015 by Eyal Navon and Assaf Wand, who shared a vision of redefining the homeowners' insurance industry through the use of technological advancements.
Hippo leverages technology to offer homeowners' insurance policies with personalized coverage options and competitive pricing. The company utilizes data analytics and machine learning to offer its customers a fast, efficient, and seamless claims process. Hippo's policies also include smart home technology components that can alert homeowners about potential issues such as fire, water damage, and theft.
The main differentiator of Hippo from traditional insurance companies is that the company exclusively operates online, which eliminates many of the overhead costs associated with brick-and-mortar companies. Hippo's policies are written through top-rated carriers, including Spinnaker, which provides the financial backing for the policies.
Hippo is based in Palo Alto, California, and has rapidly grown since its inception. The company has raised over $700 million in funding from investors such as Lennar Corporation, Comcast Ventures, and Bond. As of 2021, Hippo is valued at over $5 billion, making it one of the most valuable insurtech companies in the world.
In addition to its core business of providing homeowners' insurance, Hippo has also expanded into other related services. The company now offers mortgage refinancing and home security services, which complement its homeowners' insurance policies.
Overall, Hippo is a disruptive company that is changing the homeowners' insurance industry with its use of technology, innovative business model, and commitment to providing customers with personalized coverage options and top-notch service.
Company Address: 150 Forest Avenue Palo Alto 94301 CA
Company Phone Number: 294-8463 Stock Exchange / Ticker: NYSE HIPO
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Hippo Holdings Inc
Hippo Holdings Inc Posts Strong Financial Performance in First Quarter of 2024 Hippo Holdings Inc, a leading insurance company, has announced impressive financial results for the first quarter of 2024. The company reported a decrease in loss per share from $-3.01 to $-1.47 compared to the same period last year. This significant improvement in earnings per share (EPS) showcases the company's commitment to profitability and efficiency. The company also reported a sharp increase in revenue, growing by 113.819% to $85.10 million from $39.80 million in the first quarter of 2023. This growth is a testament to the company's strong performance and ability to capitalize on market opportunities. Sequentially, revenue surged by 31.938% from $64.50 million in the previous quarter, indicating sustained growth and momentum.
|
Hippo Holdings Inc
/>Hippo Holdings Inc., a dominant player in the Property & Casualty Insurance industry, has released its financial results for the October to December 31, 2023 period. The company reported an expansion of losses per share compared to the previous year, but also showcased improved income per share. Moreover, Hippo Holdings experienced a robust increase in revenue, outpacing its industry peers. Let's delve into the details and examine the performance of this stock market player. Revenue Growth: One of the standout aspects of Hippo Holdings' financial report is the significant growth in revenue. In comparison to the same period in the previous year, the company witnessed an impressive 80.168% surge in revenue, from $35.80 million to $64.50 million. Notably, this sequential quarterly increase from $57.70 million showcases consistent growth.
|
Hippo Holdings Inc
Hippo Holdings Inc, a leading industry player in the sector, has delivered exceptional financial results in its most recent fiscal period. The company reported a remarkable 87.948% increase in revenue, totaling $57.70 million. This substantial improvement has effectively contributed to a significant reduction in losses, with earnings per share (EPS) now standing at $-2.24, compared to the previous year's figure of $-5.66 per share. In comparison to the previous quarter, Q2, Hippo Holdings Inc displayed continued success, as revenue improved by 20.964% from $47.70 million. EPS also witnessed an impressive improvement, rising from $-4.61 per share. These positive trends demonstrate the company's ability to sustain and build upon its financial performance.
|
Hippo Holdings Inc
Investors Eye Promising Future for Hippo Holdings Inc Despite Disappointing Q2 Results August 1, 2023 - With the release of Hippo Holdings Inc's Q2 financial report, investors were confronted with mixed results. The company reported a significant increase in its deficit per share, reaching $-4.61 per share compared to $-0.13 a year ago. This also marked a surge from $-3.01 per share in the previous quarter. However, amidst the disappointing deficit figures, there were positive signs of revenue growth. Revenue for the April to June 30, 2023 period soared by 66.202% to $47.70 million, up from $28.70 million in the same quarter last year. Sequentially, revenue also improved by 19.849% from $39.80 million. This robust growth indicates a promising trajectory for Hippo Holdings Inc.
|
Hippo Holdings Inc
Hippo Holdings Inc, a property and casualty insurance company, has recorded a cumulative net loss of $-328 million during the 12 months ending in the first quarter of 2023. This has resulted in a negative return on equity of -51.94%. The company's ROE overall ranking has improved to 2002 from 3481 in the previous quarter. However, within the Property & Casualty Insurance industry, 44 other companies had a higher return on equity, indicating stiff competition in the market. The company's deficit per share has increased significantly, from $-0.12 a year ago to $-3.01 per share for the fiscal period closing March 31, 2023. This indicates a lack of profitability, as the company is losing money per share. The revenue, however, has gone up strongly by 62.449% to $39.80 million from $24.50 million in the similar reporting period a year ago. Sequentially, revenue also increased by 11.173% from $35.80 million. However, despite the increased revenue, Hippo Holdings Inc has realized a net deficit of $-68.100 million, bigger than $-66.500 million a year ago.
|
Per Share |
Current |
Earnings (TTM) |
-5.15 $ |
Revenues (TTM) |
13.35 $
|
Cash Flow (TTM) |
- |
Cash |
21.76 $
|
Book Value |
13.17 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
-5.15 $
|
Revenues (TTM) |
13.35 $ |
Cash Flow (TTM) |
- |
Cash |
21.76 $
|
Book Value |
13.17 $ |
Dividend (TTM) |
0 $ |
|
|
|
InterEliminations |
|
-4.4 % |
of total Revenue |
Services |
|
13.82 % |
of total Revenue |
Insurance-as-a-Service |
|
26.6 % |
of total Revenue |
Hippo Home Insurance Program |
|
63.98 % |
of total Revenue |
|
|