Jefferies initiated coverage on Hippo Holdings with a new price target
$HIPO
Property-Casualty Insurers
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Jefferies initiated coverage of Hippo Holdings with a rating of Buy and set a new price target of $8.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/22/2024 | $22.00 → $20.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 8/11/2023 | Mkt Perform | William Blair | |
| 11/17/2022 | $24.00 | Outperform | Keefe Bruyette |
| 2/9/2022 | $4.00 | Market Perform | JMP Securities |
| 2/9/2022 | $4.00 | Mkt Outperform | JMP Securities |
| 12/21/2021 | $4.59 | Overweight | Morgan Stanley |
| 11/19/2021 | $8.00 | Buy | Jefferies |
| 10/12/2021 | $5.40 | Neutral | Goldman Sachs |
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8-K - Hippo Holdings Inc. (0001828105) (Filer)
Keefe Bruyette downgraded Hippo from Outperform to Mkt Perform and set a new price target of $20.00 from $22.00 previously
William Blair initiated coverage of Hippo with a rating of Mkt Perform
Keefe Bruyette initiated coverage of Hippo with a rating of Outperform and set a new price target of $24.00
PALO ALTO, Calif., Dec. 4, 2024 /PRNewswire/ -- Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, announced the appointment of Andrea Collins as Chief Marketing Officer today. With more than two decades of marketing experience, including her previous role as Hippo's Vice President of Marketing from 2017 to 2022, Collins returns to the company's leadership team to oversee marketing. "I am thrilled to welcome back such an accomplished marketer and a former Hippo leader back to the pod," said Hippo President and CEO Rick McCathron. "Andrea's expert
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Founder Assaf Wand to Serve as Executive Chairman Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, today appointed Richard McCathron as Chief Executive Officer. McCathron has served on Hippo's board of directors and as the company's President since February 2017. Assaf Wand, Founder and prior CEO, has become Executive Chairman of the Board to focus on long-term strategic initiatives. "Rick has been my partner every step of the way, from the creation of Hippo's strategic vision, to growing our strong stable of partnerships, to driving the company forward every day," said Wand. "In this next phase of Hippo's growth, it's a natural progression for Rick to ste
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of "a-" (Excellent) to Wingsail Insurance Company, a 100% reinsured subsidiary of Spinnaker Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of "a-" (Excellent) of Spinnaker Insurance Company and its 100% reinsured subsidiary, Spinnaker Specialty Insurance Company. The outlook of these ratings is stable. All companies are headquartered in Bedminster, NJ and collectively referred to as Spinnaker Insurance Group (Spinnaker). The ratings reflect Spinn
From Renewed Commitments to DIY Home Maintenance to Purchasing Flood Insurance, U.S. Homeowners Embrace Proactive Strategies to Protect Their Investment PALO ALTO, Calif., Jan. 8, 2025 /PRNewswire/ -- Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, today released findings from its third annual Housepower Report. The national survey of over 2,000 U.S. homeowners revealed the creative steps homeowners are taking to protect their homes in 2025. "In 2024, when faced with unexpected repairs, many homeowners shelled out high out-of-pocket costs to m
PALO ALTO, Calif., Dec. 4, 2024 /PRNewswire/ -- Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, announced the appointment of Andrea Collins as Chief Marketing Officer today. With more than two decades of marketing experience, including her previous role as Hippo's Vice President of Marketing from 2017 to 2022, Collins returns to the company's leadership team to oversee marketing. "I am thrilled to welcome back such an accomplished marketer and a former Hippo leader back to the pod," said Hippo President and CEO Rick McCathron. "Andrea's expert
Strategic growth equity investment to allow First Connect to focus exclusively on enhancing its online platform that digitally connects independent agents and carriers Centana Growth Partners, a growth equity firm specializing in the financial services ecosystem, is pleased to announce that it has acquired a majority stake in insurtech platform First Connect Insurance Services, formerly an indirect wholly-owned subsidiary of Hippo Holdings Inc. (NYSE:HIPO). Aviad Pinkovezky will continue in his role as President and has been named CEO, post closing. The initial investment, exceeding $60 million, is led by Centana with participation from Pruven Capital, Cota Capital, and Cross Creek. This
PALO ALTO, Calif., Nov. 8, 2024 /PRNewswire/ -- Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, today announced its consolidated financial results for the three months that ended September 30, 2024. "The positive momentum we've built over the past year continued in the third quarter as we took a significant step forward on our path to profitability," said Hippo President and CEO Rick McCathron. "We strengthened our foundation for future growth by continuing to develop our Hippo New Homes Program and delivered our best-ever year-over-year impro
PALO ALTO, Calif., Oct. 14, 2024 /PRNewswire/ -- Hippo (NYSE:HIPO), the home insurance group focused on proactive home protection, today announced the company's third quarter financial results will be released before market open on Friday, November 8, 2024. The company will host a conference call and live webcast for analysts and investors at 8am ET/5am PT on that day. A shareholder letter with the financial results will be accessible from the investor relations section of the company's website prior to the conference call. Conference Call and Webcast Information Date: Friday