Metromile downgraded by Cantor Fitzgerald with a new price target
$MILE
Property-Casualty Insurers
Finance
Cantor Fitzgerald downgraded Metromile from Overweight to Neutral and set a new price target of $7.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/13/2022 | $3.27 → $2.04 | Neutral | Piper Sandler |
| 11/16/2021 | $6.00 → $3.27 | Neutral | Piper Sandler |
| 8/10/2021 | Overweight → Neutral | Piper Sandler | |
| 8/10/2021 | $7.00 | Overweight → Neutral | Cantor Fitzgerald |
Chamath Palihapitiya was one of the biggest names in the SPAC market in 2021 and when times were good for new companies going public, Palihapitiya had some of the best-performing deals of that year. The year 2022 has not been as kind to Palihapitiya with re-valuations on many of the companies that went public by investors seeing shares below the former $10 price point of the SPACs. Here’s an updated look at the performance of the SPAC deals, remaining SPACs and PIPE deals that included Palihapitiya, with returns calculated on the $10 offering price and not factoring in warrants. The Palihapitiya SPACs: Virgin Galactic Holdings Inc (NYSE:SPCE): Space travel Price: $6.88 Return: -31.2% Op
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Huize Holding (NASDAQ:HUIZ) stock rose 9.17% to $1.19 during Wednesday's regular session. Trading volume for Huize Holding's stock is 2.1K as of 12:40 EST. This is 7.9% of its average full-day volume over the last 100 days. The company's market cap stands at $61.6 million. Hippo Holdings (NYSE:HIPO) stock rose 9.09% to $0.83. Trading volume for Hippo Holdings's stock is 1.8 million as of 12:40 EST. This is 62.1% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $470.9 million. Tian Ruixiang Holdings (NASDAQ:TIRX
According to Benzinga Pro following are the gainers and losers in Insurance industry for today's Intraday session. Gainers Hippo Holdings (NYSE:HIPO) stock increased by 10.7% to $0.93 during Thursday's regular session. As of 12:40 EST, Hippo Holdings's stock is trading at a volume of 1.5 million, which is 57.2% of its average full-day volume over the last 100 days. The company's market cap stands at $511.2 million. Metromile (NASDAQ:MILE) shares moved upwards by 7.36% to $1.06. As of 12:40 EST, this security is trading at a volume of 475.5K shares, making up 47.7% of its average full-day volume over the last 100 days. The company's market cap stands at $139.5 million. Lemonade (NYSE:LMND
4 - Metromile, LLC (0001819035) (Issuer)
4 - Metromile, LLC (0001819035) (Issuer)
4 - Metromile, LLC (0001819035) (Issuer)
SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. ("Metromile") (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2022 on its website. The results are accessible on Metromile's investor relations website at ir.metromile.com. Due to the pending transaction with Lemonade announced on November 8, 2021, the Company will not host a conference call in conjunction with its first quarter 2022 earnings release. Please visit the Investor Relations section of the Company's website at ir.metromile.com for the latest releases and information. About Metromile Metromile (NASDAQ:MILE, MI
SAN FRANCISCO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. ("Metromile") (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the fourth quarter and full year 2021 on its website. The results are accessible on Metromile's investor relations website at ir.metromile.com. Due to the pending transaction with Lemonade announced on November 8, 2021, the Company will not host a conference call in conjunction with its fourth quarter and full year 2021 earnings release. Please visit the Investor Relations section of the Company's website at http://ir.metromile.com for the latest releases and information. About
SAN FRANCISCO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced its results for the third quarter ended September 30, 2021. "During the quarter, we continued to make progress on and invest in our growth initiatives, and while our Policies in Force were largely flat for the quarter ending September 30, 2021, Policies in Force have now grown for three consecutive months, including October," said Dan Preston, Chief Executive Officer of Metromile. "We also saw a rising cost of acquisition as we ramped our investment to increase our brand awareness and reinforce trust with customers. Ke
SAN FRANCISCO, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced a significant expansion of its Independent Agents program, along with the appointment of Scot Rankin, a 30 year insurance veteran, as Independent Agency Relationship Manager. Through an integration with the EZLynx Rating Engine, Metromile can now offer Independent Agents access to Metromile's high quality, customizable pay-per-mile auto insurance, which features significant savings, standout customer experience, and easy bundling of home and auto insurance. Rankin, who joins Metromile from Travelers, will build additi
SC 13G/A - Metromile, Inc. (0001819035) (Subject)
SC 13G/A - Metromile, Inc. (0001819035) (Subject)
SC 13G/A - Metromile, Inc. (0001819035) (Subject)
Piper Sandler reiterated coverage of Metromile with a rating of Neutral and set a new price target of $2.05 from $3.27 previously
Piper Sandler reiterated coverage of Metromile with a rating of Neutral and set a new price target of $3.27 from $6.00 previously
Piper Sandler downgraded Metromile from Overweight to Neutral
SAN FRANCISCO, May 10, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. ("Metromile") (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the first quarter 2022 on its website. The results are accessible on Metromile's investor relations website at ir.metromile.com. Due to the pending transaction with Lemonade announced on November 8, 2021, the Company will not host a conference call in conjunction with its first quarter 2022 earnings release. Please visit the Investor Relations section of the Company's website at ir.metromile.com for the latest releases and information. About Metromile Metromile (NASDAQ:MILE, MI
SAN FRANCISCO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. ("Metromile") (NASDAQ:MILE, MILEW))), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the fourth quarter and full year 2021 on its website. The results are accessible on Metromile's investor relations website at ir.metromile.com. Due to the pending transaction with Lemonade announced on November 8, 2021, the Company will not host a conference call in conjunction with its fourth quarter and full year 2021 earnings release. Please visit the Investor Relations section of the Company's website at http://ir.metromile.com for the latest releases and information. About
SAN FRANCISCO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Metromile (NASDAQ:MILE, MILEW))) (the "Company"), a leading digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held today, the Company's stockholders approved a proposal to adopt the merger agreement entered into with Lemonade, Inc. (NYSE:LMND) to acquire Metromile in an all-stock transaction (the "merger proposal"). The merger proposal was supported by at least 95.9% of the votes cast at the Special Meeting of Stockholders, representing approximately 63.6% of the shares of the Company's common stock issued and outstanding as of the close of business on December 28, 2021. The fina
15-12G - Metromile, LLC (0001819035) (Filer)
S-8 POS - Metromile, LLC (0001819035) (Filer)
25-NSE - Metromile, Inc. (0001819035) (Subject)