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Robinhood Markets Inc (NASDAQ: HOOD) |
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Price: $43.6600
$0.86 
2.009%
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| Day's High:
| $44.24
| Week Perf:
| 11.26 %
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| Day's Low: |
$ 41.93 |
30 Day Perf: |
-26.29 % |
| Volume (M): |
49,147 |
52 Wk High: |
$ 66.91 |
| Volume (M$): |
$ 2,145,741 |
52 Wk Avg: |
$29.20 |
| Open: |
$42.20 |
52 Wk Low: |
$13.98 |
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| Market Capitalization (Millions $) |
39,490 |
| Shares
Outstanding (Millions) |
904 |
| Employees |
1,100 |
| Revenues (TTM) (Millions $) |
2,951 |
| Net Income (TTM) (Millions $) |
1,411 |
| Cash Flow (TTM) (Millions $) |
-651 |
| Capital Exp. (TTM) (Millions $) |
50 |
Robinhood Markets Inc
Robinhood Markets Inc. is a US-based financial services company that allows retail investors to trade in stocks, options, cryptocurrencies, and exchange-traded funds (ETFs) with zero commission fees. The company was founded in 2013 by Vlad Tenev and Baiju Bhatt with the aim of democratizing finance and making trading accessible to everyone. Robinhood is headquartered in Menlo Park, California, and has additional offices in Lake Mary, Florida, and Denver, Colorado.
Robinhood's platform offers a simple and user-friendly interface that allows traders to buy and sell securities with just a few taps on their phone. The company's business model is based on offering commission-free trades and earning revenue through order flow payments, interest on cash balances, and subscription-based services like Robinhood Gold.
In addition to its trading platform, Robinhood also offers its customers access to educational resources such as tutorials, news articles, and a community forum where traders can share ideas and strategies. The company also offers cryptocurrency trading, and has recently introduced a new feature called Robinhood Crypto, which allows customers to buy and sell Bitcoin, Ethereum, and other cryptocurrencies with no commission fees.
One of the unique aspects of Robinhood is its social impact initiatives, which include donating a portion of its profits to charitable causes and investing in programs that aim to improve financial literacy.
The company has faced criticism in the past for its business practices, including accusations of promoting high-risk trading and of failing to prevent customer losses due to technical glitches on its platform. However, Robinhood has continued to grow rapidly and has attracted millions of users who view it as a disruptor of the traditional brokerage industry.
As of 2021, Robinhood has over 13 million registered users and a valuation of over $11 billion. The company has also faced increased scrutiny from regulators and lawmakers in recent months, due in part to its role in the GameStop trading frenzy that captured the attention of the financial world in early 2021. Robinhood has since gone public and is now listed on the NASDAQ under the ticker symbol "HOOD".
Company Address: 85 Willow Rd Menlo Park 94025 CA
Company Phone Number: 428-5411 Stock Exchange / Ticker: NASDAQ HOOD
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Customers Net Income grew by |
HOOD's Customers Net Profit Margin grew to |
15.14 % |
20.94 %
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| Stock Performances by Major Competitors |
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| Product Service News
Published Wed, Dec 11 2024 9:05 PM UTC
In a financial landscape that is often characterized by volatility and rapid change, Robinhood Markets, Inc. (NASDAQ: HOOD) continues to capture the spotlight, delivering intriguing insights with its recent operating data for November 2024. Based in Menlo Park, California, the fintech trailblazer reported a total of 905.54 million shares outstanding, with the stock trading a...
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| Robinhood Markets Inc
Financial News Report: Robinhood Markets Inc. Reports Strong Q3 2024 Performance Amid Revenue Gains and Positive Net IncomenDate: October 2024nRobinhood Markets Inc. (NASDAQ: HOOD) showcased a remarkable turnaround in its financial performance for the third quarter of 2024, reporting a positive earnings per share (EPS) of $0.17, a stark improvement from a loss of $0.09 per share in the same quarter last year. However, this positive growth reflects a decline of 19.05% compared to the prior quarter?s EPS of $0.21. The company's revenue surged impressively by 36.4%, reaching $637 million, compared to $467 million in Q3 2023. Despite this annual increase, Robinhood experienced a sequential decline of 6.6% in revenue from $682 million in the preceding quarter. This robust revenue growth positions Robinhood favorably against its peers in the Investment Services industry, which collectively reported an average increase of 18.43% during the same quarter, highlighting Robinhood's exceptional market performance.Key drivers of Robinhood?s revenue included a substantial increase in transaction-based revenues, up 72.43%, with notable contributions from various sectors:- Options Trading: +62.9%- Cryptocurrencies: +165.2%- Equities: +37.0%- Other Revenues: +166.7%- Margin Interest: +23.9%- Interest on Segregated Cash Securities and Deposits: +3.4%- Cash Sweep: +31.4%- Securities Lending Net: +11.8%- Gold Subscription Revenues: +40% Conversely, certain segments saw a decline in revenues, including a decrease of 10.67% in interest on corporate cash and investments. The credit card segment and proxy revenues remained stagnant, reporting no change.
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| Product Service News
Published Tue, Oct 1 2024 7:00 AM UTC
In a move set to enhance its offering in the European market, Robinhood Crypto has officially launched a crypto transfer feature for its European customers. This decision came as a response to significant demand in the region, establishing the company as a key player in the rapidly evolving cryptocurrency landscape. With this new feature, users can seamlessly transfer their ...
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| Management Announcement
Published Mon, Sep 9 2024 8:05 PM UTC
In a recent press release, Robinhood Markets, Inc. (NASDAQ: HOOD) shared select monthly operating data for August 2024, painting a picture of the company s performance and insights into the evolving investment landscape. As one of the leading online brokerage platforms, Robinhood s report sheds light on its user base, trading activity, and growing product offerings...
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| Merger and Acquisition
Published Thu, Jun 6 2024 11:00 AM UTC
Robinhood to Acquire Bitstamp: Expanding Globally-scaled Crypto Exchange Embraces Robinhood s Commission-free Trading Model
In a landmark move, Robinhood Markets Inc. has announced its acquisition of Bitstamp, a globally-renowned cryptocurrency exchange. This strategic decision marks a significant step for both companies, as it brings together two industry leaders in th...
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| Per Share |
Current |
| Earnings (TTM) |
1.55 $ |
| Revenues (TTM) |
3.26 $
|
| Cash Flow (TTM) |
- |
| Cash |
5.33 $
|
| Book Value |
8.81 $
|
| Dividend (TTM) |
0 $ |
|
|
| Per Share |
|
| Earnings (TTM) |
1.55 $
|
| Revenues (TTM) |
3.26 $ |
| Cash Flow (TTM) |
- |
| Cash |
5.33 $
|
| Book Value |
8.81 $ |
| Dividend (TTM) |
0 $ |
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| Transaction-based revenues |
|
 50.08 % |
of total Revenue |
| Options |
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31.71 % |
of total Revenue |
| Cryptocurrencies |
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9.58 % |
of total Revenue |
| Equities |
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5.81 % |
of total Revenue |
| Other |
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1.26 % |
of total Revenue |
| Margin interest |
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13.03 % |
of total Revenue |
| Interest on corporate cash and investments |
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10.52 % |
of total Revenue |
| Interest on segregated cash securities and deposits |
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9.58 % |
of total Revenue |
| Cash Sweep |
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7.22 % |
of total Revenue |
| Securities lending net |
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2.98 % |
of total Revenue |
| Credit card net |
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0.63 % |
of total Revenue |
| Other revenues |
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6.91 % |
of total Revenue |
| Gold subscription revenues |
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4.4 % |
of total Revenue |
| Proxy revenues |
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1.26 % |
of total Revenue |
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4.61% 