Canada Markets closed

Hippo Holdings Inc. (HIPO)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
0.8105-0.0283 (-3.37%)
At close: 04:00PM EDT
0.8100 -0.00 (-0.06%)
After hours: 04:58PM EDT
Sign in to post a message.
  • T
    Tony M
    Down over 42% since June 1st. WHERE IS MANAGEMENT ?????????????????
  • T
    Tony M
    BUY BACK STOCK !!!!!! Company has $200 million more in cash than entire market Cap. SHOW COFIDENCE and SUPPORT.
  • J
    JeffS
    I have a buy order in for 1000 shares at .80 cents.
  • J
    James
    I guess the technology platform that supposedly drives revenue has been given a big haircut valuation in value. The stock is headed to 48 cents. Everyone laughed when I said it was going from $7 per share to $1.00, and so it comes... that I have been vindicated.

    The saddest part is... I could make this $10 stock again with over a $1B in annual premiums... and I could reduce runoff to less than 1%, all with 3 years. Their funnel is in the wrong place and their brand support is guided by a misfit, and that is most of the problem.
  • J
    J
    Sadly, I have no more to invest
  • T
    Tamir
    For people that doesn't know how mega businesses works today: taking over market slices cost money! And this is exactly what this company is doing! They are growing and growing and growing and their gross loss ratios is already not bad! So its on the track for being a successful, large, profitable company. Its sad to see how low they are going but its an opportunity for many people to jump onto a great boat and just wait!!! I got screwed for going in at 4.20$ but right now its such a good bargain. Even if its gonna go down a bit more. Eventually its going to rocket up.
  • M
    Mark
    It's a technology company with a flawed business model and is too late to the game in hiring top Insurance professionals. They have dug too deep of a profit hole to climb out of and the down turn in real estate will significantly reduce growth. Hope for a buyout for the technology.
  • J
    Jr
    I really want to add more here but broader market sentiment has me a bit hesitant. I will say, Looking forward to Q2 financials, if revenue is growing, expenses are stable, and ratios continue to improve, I will regret not adding (unless of course it is lower :) )
  • I
    I See Dumb People
    Wow is this ever a hated company! Wonder why?
  • J
    JeffS
    I now have a buy order in at a thousand shares 50 cents I canceled my $0.80 order this morning!
  • g
    gabriel
    This is a sick twisted. Yes, hipo is burning through cash. Yes, hipo is risky. Yes, Hipo isn't going to be profitable for at least 2 (prob 3) years. But I mean, the narrative isn't worth a 92% decline in 6-7 months. This is just sick at this point. Everyday is red here.
  • J
    James
    HIPO is a good buy... goodbye house, goodbye car, etc lol. How can you transform your portfolio into a $1M dollar account? Invest $10 M in HIPO stock and wait 1-year.
  • L
    LOUIE
    Over the last year, we can see that the biggest insider purchase was by Independent Director Noah Knauf for US$731k worth of shares, at about US$4.37 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$1.40).
  • D
    Doni
    Stock Split soon
  • J
    Joseph
    guna have to dabble a bit at this price.. too tempting.
  • J
    James
    Anyone locked into this stock will have an opportunity average down in the .45 cent range. That gives a proper valuation to the book of business and the tech platform. $500M market cap is still a bit pricy. When it was still $4 bucks I said it would see a $1.00 and when it was $2 I reiterated my target. The one upside is... when housing crashes by 30%, the millennials will step in to the market, and they shop online.
  • D
    Doni
    One of the biggest Spac Scam in History
  • T
    Tamir
    Wow I read so much bull**** here it's crazy!! This company operates in a good and healthy way! Grows a lot every quarter, taking over slices of the market and becoming more and more efficient. In not too long they will make the flip of profitability, they have everything planned and everything is going better then planned for now. If it was 2 years ago they were a 10$ stock right now. They are not doing anything different then any other business that got established in that same model. Its a long term business, that will stay forever. The share price right now has nothing to do with the operation of the company. And one day it will be realized, and probably will be bought by a giant because of all the stupid non believers
  • L
    LOUIE
    First Quarter Highlights
    Continued Strong Growth
    • 25% YoY growth in 1Q22 Total Generated Premium (TGP)
    • On track for full year guidance of $800-$820 million TGP
    Revenue Ramped Up
    • Revenue up 44% YoY
    • Strong commission and fee growth
    • Maintain full year guidance of $140-$142 million
    Best Yet as a Public Company Gross Loss Ratio
    • 76% Gross Loss Ratio
    • Substantial improvement continues
    • Expect full year Gross Loss Ratio below 100% versus 2021’s 138%
    Strong Financial Position
    • $772M cash and investments at March 31, 2022
    • Spinnaker A- Rating (AM Best)