Hippo Holdings, Inc., a home protection services provider, has captured attention with its innovative approach to safeguarding homeowners. The company’s focus on integrating real-time data, smart home technology, and comprehensive home services positions it as a key player in the home insurance and protection industry.
Market Overview
As of the most recent market data, Hippo Holdings, Inc. traded at $28.20 per share. The stock opened at $27.31 and fluctuated within a daily range of $27.00 to $28.46. Over the past year, its share price has spanned from a low of $7.75 to a high of $34.24, reflecting significant market volatility.
Key Financial Metrics
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Market Capitalization: $687.43 million
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Shares Outstanding: 24.36 million
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Public Float: 13.41 million
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Beta: 1.47 (indicating moderate market sensitivity)
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Revenue per Employee: $406,400
Profitability and Earnings
Despite its market prominence, Hippo Holdings has not reported a positive earnings per share (EPS), currently standing at -$5.21. The price-to-earnings (P/E) ratio remains unavailable due to the company’s negative earnings. Hippo Holdings has not announced any dividend payments, leaving the dividend yield and ex-dividend date unspecified.
Short Interest and Trading Volume
The company has a short interest of 1.03 million shares as of November 29, 2024, representing 7.71% of its public float. The average daily trading volume is approximately 164,710 shares, reflecting steady investor engagement.
Company Background
Founded on January 10, 2015, by Assaf Wand, Hippo Holdings, Inc. is headquartered in Palo Alto, California. Its mission is to redefine homeownership by making homes safer and reducing the burdens associated with home management. By leveraging smart technology and real-time data, the company offers a comprehensive home protection platform that enhances the homeowner experience.
Through continuous innovation and an integrated service approach, Hippo Holdings, Inc. aims to provide a new standard of home care, ensuring peace of mind for its customers while driving value for its investors.
