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Hippo Holdings Inc (HIPO)HIPO

Upturn stock ratingUpturn stock rating
Hippo Holdings Inc
$28.76
Delayed price
Profit since last BUY29.72%
Consider higher Upturn Star rating
upturn advisory
BUY since 15 days
  • BUY Advisory
  • Profitable SELL
  • Loss-Inducing SELL
  • Profit
  • Loss ​
  • PASS (Skip invest)*​ ​
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Time period over

Upturn Advisory Summary

11/20/2024: HIPO (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Analysis of Past Performance​

Type: Stock
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 20.42%
Upturn Advisory Performance Upturn Advisory Performance2
Avg. Invested days: 23
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Stock Returns Performance Upturn Returns Performance 3
Last Close 11/20/2024
Type: Stock
Today’s Advisory: Consider higher Upturn Star rating
Historic Profit: 20.42%
Avg. Invested days: 23
Upturn Star Rating​ Upturn stock ratingUpturn stock rating
Stock Returns Performance Upturn Returns Performance 3
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 11/20/2024
Upturn Advisory Performance Upturn Advisory Performance2

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 708.87M USD
Price to earnings Ratio -
1Y Target Price 27.67
Dividends yield (FY) -
Basic EPS (TTM) -5.17
Volume (30-day avg) 184538
Beta 1.26
52 Weeks Range 7.75 - 29.74
Updated Date 11/20/2024
Company Size Small-Cap Stock
Market Capitalization 708.87M USD
Price to earnings Ratio -
1Y Target Price 27.67
Dividends yield (FY) -
Basic EPS (TTM) -5.17
Volume (30-day avg) 184538
Beta 1.26
52 Weeks Range 7.75 - 29.74
Updated Date 11/20/2024

Earnings Date

Report Date 2024-11-08
When -
Estimate -0.7033
Actual -0.6462
Report Date 2024-11-08
When -
Estimate -0.7033
Actual -0.6462

Profitability

Profit Margin -37.94%
Operating Margin (TTM) -13.82%

Management Effectiveness

Return on Assets (TTM) -4.55%
Return on Equity (TTM) -30.97%

Revenue by Products

Revenue by Geography

Valuation

Trailing PE -
Forward PE -
Enterprise Value 528767561
Price to Sales(TTM) 2.12
Enterprise Value to Revenue 1.58
Enterprise Value to EBITDA -
Shares Outstanding 24359700
Shares Floating 17143390
Percent Insiders 23.83
Percent Institutions 43.63
Trailing PE -
Forward PE -
Enterprise Value 528767561
Price to Sales(TTM) 2.12
Enterprise Value to Revenue 1.58
Enterprise Value to EBITDA -
Shares Outstanding 24359700
Shares Floating 17143390
Percent Insiders 23.83
Percent Institutions 43.63

Analyst Ratings

Rating 3.75
Target Price 18.5
Buy 1
Strong Buy 1
Hold 2
Sell -
Strong Sell -
Rating 3.75
Target Price 18.5
Buy 1
Strong Buy 1
Hold 2
Sell -
Strong Sell -

AI Summarization

Hippo Holdings Inc. Stock Overview

Company Profile

History: Founded in 2015, Hippo Holdings Inc. (NYSE: HIPPO) is a technology-driven insurance company that offers homeowners insurance directly to consumers. The company leverages technology and data to tailor insurance policies to individual needs and provide a more convenient and affordable experience. Hippo went public through a SPAC merger in 2021.

Core Business: Hippo's primary business is offering homeowners insurance coverage to customers in the United States. The company focuses on providing tailored policies with enhanced features, such as smart home integration and proactive risk mitigation services.

Leadership: Hippo is led by CEO Assaf Wand, a technology entrepreneur with a background in building and scaling successful businesses. Other key members of the leadership team include Chief Technology Officer Richard McCathron, Chief Financial Officer Justin Gsovski, and Chief Underwriting Officer Christopher Zeppieri.

Top Products and Market Share

Products: Hippo's primary product is its homeowners insurance policy, which includes various coverage options and customizations. The company differentiates itself through its technology-driven approach, offering features like real-time monitoring, proactive risk mitigation, and simplified claims processes.

Market Share: Hippo is a relatively new player in the homeowners insurance market, with a small market share compared to established competitors. However, the company has experienced rapid growth in its customer base and is expanding its reach across the United States. In 2022, Hippo had a market share of approximately 0.5% of the US homeowners insurance market.

Product Performance: Hippo's insurance policies have been well-received by customers, with positive reviews for their ease of use, customization options, and efficient claims processing. The company's technology-driven approach and focus on customer satisfaction are key drivers of its product performance.

Total Addressable Market

The total addressable market for homeowners insurance in the United States is estimated to be over $100 billion. This market is relatively concentrated, with a few large insurers holding a significant share. However, there is increasing demand for technology-driven insurance solutions, creating opportunities for new entrants like Hippo.

Financial Performance

Financials: Hippo's recent financial performance has been characterized by strong revenue growth but also significant losses. In 2022, the company generated $178.7 million in revenue, a 119% increase year-over-year. However, the company's net loss was $226.1 million. This loss reflects the company's investments in technology and customer acquisition.

Cash Flow: Hippo's cash flow statement shows a net cash outflow from operating activities of $198.7 million in 2022. This reflects the company's aggressive growth strategy.

Balance Sheet: Hippo's balance sheet shows a strong cash position with $446.1 million in cash and equivalents as of December 31, 2022. However, the company also has significant debt and liabilities.

Dividends and Shareholder Returns

Dividends: Hippo does not currently pay dividends. As a growth company, the company is reinvesting its earnings into expanding its business and developing new products.

Shareholder Returns: Hippo's stock price has experienced significant volatility since its IPO in 2021. Overall, shareholder returns have been negative, reflecting the company's current stage of investment and growth.

Growth Trajectory

Historical Growth: Hippo has experienced rapid growth in its customer base and revenue since its inception. The company's technology-driven approach and focus on customer experience have been key drivers of its growth.

Future Growth: Hippo's future growth prospects are promising. The company plans to continue expanding its product offerings, entering new markets, and investing in technology to enhance its customer experience. The increasing demand for technology-driven insurance solutions provides a favorable backdrop for Hippo's growth.

Market Dynamics

Industry Trends: The homeowners insurance industry is undergoing significant transformation, driven by technological advancements and changing customer expectations. Technology is enabling insurers to personalize policies, offer real-time monitoring, and improve claims processing.

Hippo's Positioning: Hippo is well-positioned to capitalize on these market trends. The company's technology-driven approach and focus on customer experience align with the evolving needs of consumers.

Competitors

Key Competitors: Major competitors in the homeowners insurance market include Allstate (ALL), State Farm (STF), and Progressive (PGR). These large insurers have a significant market share and offer a wide range of insurance products.

Market Share Comparison: Hippo's market share is still relatively small compared to its larger competitors. However, the company is growing rapidly and gaining market share.

Competitive Advantages and Disadvantages: Hippo's competitive advantage lies in its technology-driven approach, which allows the company to offer personalized policies, real-time monitoring, and a more convenient customer experience. However, the company faces challenges in competing with established insurers with larger customer bases and wider product offerings.

Potential Challenges and Opportunities

Challenges: Key challenges for Hippo include scaling its business profitably, managing competition from established insurers, and navigating potential regulatory changes.

Opportunities: Opportunities for Hippo include expanding its product offerings, entering new markets, and building strategic partnerships

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.​

About Hippo Holdings Inc

Exchange NYSE Headquaters Palo Alto, CA, United States
IPO Launch date 2021-08-03 President, CEO & Director Mr. Richard Lyn McCathron CIC, CPCU
Sector Financial Services Website https://www.hippo.com
Industry Insurance - Specialty Full time employees 516
Headquaters Palo Alto, CA, United States
President, CEO & Director Mr. Richard Lyn McCathron CIC, CPCU
Website https://www.hippo.com
Website https://www.hippo.com
Full time employees 516

Hippo Holdings Inc. provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates through three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program. Its insurance products include homeowners' insurance against risks of fire, wind, and theft, as well as other personal lines policies from third party carriers; and personal and commercial, as well as home, auto, cyber, small business, life, specialty lines, and other insurance products. The company distributes insurance products and services through its technology platform and website, as well as operates licensed insurance agencies. Hippo Holdings Inc. is headquartered in Palo Alto, California.

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