Market Summary
USD15.17+0.06
Market Closedas of 27 Mar 2023, 09:44 am0.40%
HIPO Stock Price
HIPO RSI Chart
HIPO Valuation
HIPO Price/Sales (Trailing)
HIPO Profitability
HIPO Fundamentals
HIPO Revenue
HIPO Earnings
Price Action
52 Week Range
0.7322.13
(Low)(High)
Last 7 days
2.9%
Last 30 days
-8.9%
Last 90 days
25.0%
Trailing 12 Months
596.3%
HIPO Financial Health
HIPO Investor Care
Financials for Hippo Holdings
| Income Statement (Last 12 Months) | ||||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 3.2% | 119,700,000 | 116,000,000 | 106,600,000 | 98,800,000 | 91,200,000 |
| S&GA Expenses | 2.4% | 101,800,000 | 99,400,000 | 92,400,000 | 95,200,000 | 95,000,000 |
| EBITDA | -0.1% | -310,000,000 | -309,700,000 | -213,400,000 | -226,200,000 | - |
| EBITDA Margin | 3.0% | -2.59 | -2.67 | -2.00 | -2.29 | - |
| Earnings Before Taxes | -0.3% | -325,200,000 | -324,200,000 | -226,800,000 | -238,600,000 | -367,200,000 |
| EBT Margin | 2.8% | -2.72 | -2.79 | -2.13 | -2.41 | - |
| Net Income | -1.5% | -333,400,000 | -328,400,000 | -230,100,000 | -241,800,000 | -371,400,000 |
| Net Income Margin | 1.6% | -2.79 | -2.83 | -2.18 | -1.64 | - |
| Free Cahsflow | -17.0% | -166,400,000 | -142,200,000 | -216,104,150 | -185,891,030 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -3.7% | 1,569 | 1,630 | 1,629 | 1,675 | 1,643 |
| Cash Equivalents | -29.4% | 245 | 347 | 278 | 337 | 776 |
| Goodwill | NaN% | - | - | 54.00 | 54.00 | 54.00 |
| Liabilities | -1.6% | 975 | 991 | 878 | 866 | 781 |
| Shareholder's Equity | -6.5% | 594 | 635 | 751 | 809 | 860 |
| Retained Earnings | -7.0% | -961 | -898 | -768 | -695 | -628 |
| Additional Paid-In Capital | 1.1% | 1,558 | 1,541 | 1,523 | 1,504 | 1,488 |
| Shares Outstanding | 0.6% | 23.00 | 23.00 | 23.00 | 23.00 | 23.00 |
| Minority Interest | -10.0% | 4.00 | 4.00 | 2.00 | 3.00 | 2.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | -18.1% | -161 | -136 | -143 | -167 | -124 |
| Share Based Compensation | 1.8% | 62.00 | 61.00 | 48.00 | 35.00 | 24.00 |
| Cashflow From Investing | -40.0% | -405 | -289 | -423 | -399 | -30.00 |
| Cashflow From Financing | -106.1% | -6.80 | -3.30 | 481 | 480 | 481 |
Risks for HIPO
What is the probability of a big loss on HIPO?
93.9%
Probability that Hippo Holdings stock will be more than 20% underwater in next one year
75.7%
Probability that Hippo Holdings stock will be more than 30% underwater in next one year.
74.8%
Probability that Hippo Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does HIPO drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Hippo Holdings was unfortunately bought at previous high price.
Drawdowns
Returns for HIPO
Cumulative Returns on HIPO
Which funds bought or sold HIPO recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-02-17 | EQUITABLE TRUST CO | sold off | -100 | -712,000 | - | -% |
2023-02-15 | Altshuler Shaham Ltd | reduced | -16.67 | -1,360,240 | 2,148,760 | 0.09% |
2023-02-15 | LAZARD ASSET MANAGEMENT LLC | sold off | -100 | -46,000 | - | -% |
2023-02-15 | MetLife Investment Management, LLC | added | 2,400 | -46,691 | 129,309 | -% |
2023-02-15 | Vestcor Inc | added | 2,400 | - | - | -% |
2023-02-15 | State of Wyoming | new | - | 9,561 | 9,561 | -% |
2023-02-15 | Metropolitan Life Insurance Co/NY | added | 2,400 | -5,339 | 14,661 | -% |
2023-02-15 | JANE STREET GROUP, LLC | added | 2,403 | -5,691 | 1,309 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Hippo Holdings News
Schedule 13G FIlings of Hippo Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | reinvent sponsor z llc | 1.7% | 401,200 | SC 13G/A | |
| Feb 13, 2023 | blackrock inc. | 5.2% | 1,210,756 | SC 13G | |
| Feb 03, 2023 | fifth wall ventures management gp, llc | 5.2% | 1,196,659 | SC 13G/A | |
| Aug 19, 2022 | lennar corp /new/ | 12.7% | 72,720,726 | SC 13D/A | |
| Apr 12, 2022 | lennar corp /new/ | 9.1% | 51,465,797 | SC 13D/A | |
| Feb 14, 2022 | alyeska investment group, l.p. | 0.0% | 0 | SC 13G/A | |
| Feb 14, 2022 | 683 capital management, llc | 0% | 0 | SC 13G/A | |
| Feb 14, 2022 | third point llc | 0.1% | 240,000 | SC 13G/A | |
| Feb 11, 2022 | slate path capital lp | 06% | 350,000 | SC 13G | |
| Feb 09, 2022 | bond capital associates, llc | 5.3% | 30,003,193 | SC 13D |
HIPO Fair Value
Recent SEC filings of Hippo Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Mar 23, 2023 | 8-K | Current Report | |
| Mar 20, 2023 | 4 | Insider Trading | |
| Mar 16, 2023 | 3 | Insider Trading | |
| Mar 16, 2023 | 3 | Insider Trading | |
| Mar 16, 2023 | 3 | Insider Trading | |
| Mar 14, 2023 | S-8 | Employee Benefits Plan | |
| Mar 10, 2023 | 4 | Insider Trading | |
| Mar 02, 2023 | 8-K | Current Report | |
| Mar 02, 2023 | 10-K | Annual Report | |
| Feb 17, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for HIPO
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-03-20 | Knauf Noah | bought | 723,357 | 14.6251 | 49,460 | - |
2023-03-17 | Knauf Noah | bought | 914,234 | 14.5338 | 62,904 | - |
2023-03-16 | Knauf Noah | bought | 1,371,090 | 14.2574 | 96,167 | - |
2023-03-09 | Landman Sam | bought | 25,586 | 12.89 | 1,985 | - |
2023-02-15 | McCathron Richard | sold (taxes) | -29,251 | 18.86 | -1,551 | ceo & president |
2023-02-15 | Ellis Stewart | sold (taxes) | -32,741 | 18.86 | -1,736 | chief financial officer |
2023-02-15 | Fleming-Wood Simon | sold (taxes) | -19,105 | 18.86 | -1,013 | chief marketing officer |
2022-11-15 | Harpaz Ran | sold (taxes) | -10,821 | 14.41 | -751 | chief operating officer |
2022-11-15 | McCathron Richard | sold (taxes) | -12,940 | 14.41 | -898 | ceo & president |
2022-11-15 | Fleming-Wood Simon | sold (taxes) | -7,363 | 14.41 | -511 | chief marketing officer |
Hippo Holdings Inc. provides home protection insurance in the United States and the District of Columbia. Its insurance products include homeowners' insurance against risks of fire, wind, and theft; and commercial and personal lines of products. The company distributes insurance products and services through its technology platform; and offers its policies online, over the phone, or through licensed insurance agents. It provides care and protection for homeowners, as well as operates an integrated home protection platform. The company is headquartered in Palo Alto, California.
HIPO Income Statement
2022-12-31Consolidated Statements of Operations and Comprehensive Loss - USD ($) | 12 Months Ended | |
|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | |
| Revenue: | ||
| Net earned premium | $ 42,500,000 | $ 38,900,000 |
| Commission income, net | 54,300,000 | 37,500,000 |
| Service and fee income | 13,900,000 | 14,500,000 |
| Net investment income | 9,000,000.0 | 300,000 |
| Total revenue | 119,700,000 | 91,200,000 |
| Expenses: | ||
| Losses and loss adjustment expenses | 101,400,000 | 84,400,000 |
| Insurance related expenses | 59,900,000 | 41,700,000 |
| Technology and development | 57,500,000 | 36,200,000 |
| Sales and marketing | 101,800,000 | 95,000,000.0 |
| General and administrative | 71,500,000 | 49,200,000 |
| Impairment and restructuring charges | 55,300,000 | 0 |
| Interest and other (income) expense, net | (2,500,000) | 198,900,000 |
| Gain on extinguishment of debt | 0 | (47,000,000.0) |
| Total expenses | 444,900,000 | 458,400,000 |
| Loss before income taxes | (325,200,000) | (367,200,000) |
| Income taxes expense | 1,300,000 | 700,000 |
| Net loss | (326,500,000) | (367,900,000) |
| Net income attributable to noncontrolling interests, net of tax | 6,900,000 | 3,500,000 |
| Net loss attributable to Hippo | (333,400,000) | (371,400,000) |
| Other comprehensive loss: | ||
| Change in net unrealized gain or loss on investments, net of tax | (6,300,000) | (800,000) |
| Comprehensive loss attributable to Hippo | (339,700,000) | (372,200,000) |
| Per share data: | ||
| Net loss attributable to Hippo - basic | (333,400,000) | (371,400,000) |
| Net loss attributable to Hippo - diluted | $ (333,400,000) | $ (371,400,000) |
| Weighted-average shares used in computing net loss per share attributable to Hippo - basic (in shares) | 22,747,101 | 10,886,757 |
| Weighted-average shares used in computing net loss per share attributable to Hippo - diluted (in shares) | 22,747,101 | 10,886,757 |
| Net loss per share attributable to Hippo - basic (in dollars per share) | $ (14.66) | $ (34.11) |
| Net loss per share attributable to Hippo - diluted (in dollars per share) | $ (14.66) | $ (34.11) |
HIPO Balance Sheet
2022-12-31Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Investments: | ||
| Fixed maturities available-for-sale, at fair value (amortized cost: $127.3 million and $55.6 million, respectively) | $ 121.1 | $ 54.9 |
| Short-term investments | 324.8 | 9.1 |
| Total investments | 445.9 | 64.0 |
| Cash and cash equivalents | 194.5 | 775.6 |
| Restricted cash | 50.0 | 43.1 |
| Accounts receivable, net of allowance of $0.3 million and $0.4 million, respectively | 107.2 | 56.5 |
| Reinsurance recoverable on paid and unpaid losses and LAE | 286.3 | 266.9 |
| Prepaid reinsurance premiums | 309.9 | 231.6 |
| Ceding commissions receivable | 45.8 | 41.6 |
| Capitalized internal use software | 38.8 | 25.9 |
| Goodwill | 0.0 | 53.5 |
| Intangible assets | 26.9 | 32.2 |
| Other assets | 63.6 | 51.8 |
| Total assets | 1,568.9 | 1,642.7 |
| Liabilities: | ||
| Loss and loss adjustment expense reserve | 293.8 | 260.8 |
| Unearned premiums | 341.3 | 253.1 |
| Reinsurance premiums payable | 207.1 | 159.4 |
| Provision for commission | 5.0 | 12.3 |
| Accrued expenses and other liabilities | 128.2 | 95.4 |
| Total liabilities | 975.4 | 781.0 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity (deficit) | ||
| Common stock, $0.0001 par value per share; 80,000,000 and 80,000,000 shares authorized as of December 31, 2022 and December 31, 2021, respectively; 23,201,434 and 22,601,245 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively | 0.0 | 0.0 |
| Additional paid-in capital | 1,558.0 | 1,488.3 |
| Accumulated other comprehensive loss | (7.0) | (0.7) |
| Accumulated deficit | (961.1) | (628.0) |
| Total Hippo stockholders' equity | 589.9 | 859.6 |
| Noncontrolling interest | 3.6 | 2.1 |
| Total stockholders’ equity | 593.5 | 861.7 |
| Total liabilities and stockholders’ equity | $ 1,568.9 | $ 1,642.7 |