How to Buy Hippo Holdings Stock
Hippo Holdings Inc
Hippo Holdings is a specialty insurance company located in California, United States, which is part of the Financial Services sector, and is traded under the ticker HIPO on the NYSE exchange.
Hippo Holdings stock last closed at $21.82, up 4.65% from the previous day, and has increased 24.54% in one year. It has overperformed other stocks in the Insurance - Specialty industry by 0.08 percentage points. Hippo Holdings stock is currently +228.37% from its 52-week low of $6.65, and -14.4% from its 52-week high of $25.49.
There are currently 24.31M shares of HIPO outstanding. The market capitalization of HIPO is $530.46M. In the last 24 hours, 116,529 HIPO shares were traded.
How to Buy Hippo Holdings Stock
Wondering how to invest in Hippo Holdings stock? Here's how.
- Decide where to buy Hippo Holdings stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Hippo Holdings stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your info.
- Analyze Hippo Holdings stock: The Hippo Holdings ticker symbol is HIPO. Is Hippo Holdings stock a good investment? Should you buy shares of HIPO? How do HIPO's underlying business fundamentals look? Do top analysts think Hippo Holdings is a good buy? Why has HIPO's stock price moved recently? (Hint: Our stock market analysis website can help you decide if HIPO is a good stock to buy).
- Make your HIPO purchase: Decide if you will purchase HIPO shares at the current market price or use a limit order to buy HIPO stock at a particular price.
- Get the latest scoop on your HIPO investment: Create a watchlist to the latest updates on your new investment in Hippo Holdings stock.
Step 1: Decide where to buy Hippo Holdings stock
You need an online brokerage account to access the NYSE market and buy HIPO stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, you need to fill out some personal details so you are able to invest in HIPO stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create a new trading account.
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Step 3: Put funds into your investment account
Now that you've finished signing up on the best stock trading app, you need to deposit funds:
Watch the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Hippo Holdings stock
Once you have selected the best place to buy Hippo Holdings stock, it's very important to research their stock before you invest, so you can understand the risk and upside.
Hippo Holdings shares quick numbers
HIPO Zen Score
WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.
You can view all of the due diligence checks on HIPO's stock page.
Is HIPO stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge HIPO's intrinsic value.
Using relative valuations metrics:
- HIPO could be undervalued based on its P/B ratio of 1.4x, relative to Insurance - Specialty industry P/B ratio of 1.53x
You can do more valuation analysis on HIPO's stock here.
HIPO Financial Health Summary
Negative Health Checks:
- HIPO profit margin has gone up by 1.48 percentage points in the past year, but the company is still unprofitable.
- HIPO has a relatively high debt to equity ratio of 3.02.
Is Hippo Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 sell side analysts who give forecasts on HIPO, the consensus analyst rating on Hippo Holdings is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Hippo Holdings stock forecast page.
HIPO Momentum
Is HIPO Making Money?
Last year, HIPO revenue was $209.70M. Over the last 4 year, HIPO's revenue has grown by 56.79% per year. This was faster than the Insurance - Specialty industry average of 9.45%.
Learn more about HIPO's earnings and revenue performance here.
What are HIPO executives and large shareholders up to?
Over the past year, insiders at HIPO have sold more shares than they have bought.
Stewart Ellis, Chief Financial Officer of HIPO, was the latest HIPO insider to sell. They sold $121,080.00 worth of HIPO shares on Apr 3, 2024.
Dig into more about who owns HIPO shares here.
Does HIPO stock generate passive income?
No, Hippo Holdings doesn't provide an income stream by paying out dividends.
HIPO Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your HIPO purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific price limit, use a limit order.
Click the Open Trade button and eToro will execute the order.
If you need more info about investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your HIPO investment
Now that you own some HIPO shares, you'll want to stay up-to-date on your new shares.
Put HIPO on a watchlist to get alerted to the latest events about your HIPO stock.
HIPO Feed
How to Buy Stock in Hippo Holdings
To reiterate, here are the 6 steps you need to take to buy Hippo Holdings stock right now:
- Decide where to buy Hippo Holdings stock
- Open your brokerage account
- Put funds into your investment account
- Analyze Hippo Holdings stock
- Make your HIPO purchase
- Get the latest scoop on your HIPO investment
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your new investment in Hippo Holdings, click below.
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