Summary
15.76 -0.59(-3.61%)07/05/2024
Tiptree Inc (TIPT)
Tiptree Inc (TIPT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -3.37 | -4.43 | -11.56 | -7.24 | -14.99 | 4.79 | 167.02 | 347.61 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 15.76 | |
| Open | 16.21 | |
| High | 16.21 | |
| Low | 15.61 | |
| Volume | 38,459 | |
| Change | -0.55 | |
| Change % | -3.37 | |
| Avg Volume (20 Days) | 83,718 | |
| Volume/Avg Volume (20 Days) Ratio | 0.46 | |
| 52 Week Range | 14.26 - 20.80 | |
| Price vs 52 Week High | -24.23% | |
| Price vs 52 Week Low | 10.52% | |
| Range | -2.78 | |
| Gap Up/Down | -0.47 | |
Fundamentals | ||
| Market Capitalization (Mln) | 579 | |
| EBIDTA | 144,171,008 | |
| PE Ratio | 8.3137 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 11.3670 | |
| Earnings Per Share | 1.5300 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 1.5300 | |
| Revenues | ||
| Profit Marging | 0.0462 | |
| Operating Marging (TTM) | 0.1054 | |
| Return on asset (TTM) | 0.0244 | |
| Return on equity (TTM) | 0.1550 | |
| Revenue TTM | 1,143,977,984 | |
| Revenue per share TTM | 34.6400 | |
| Quarterly Revenue Growth (YOY) | 0.2810 | |
| Quarterly Earnings Growth (YOY) | -0.8430 | |
| Gross Profit (TTM) | 297,621,000 | |
| Dividends | ||
| Dividend Share | 0.1600 | |
| Dividend Yield | 0.0126 | |
| Valuations | ||
| Trailing PE | 8.3137 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.1326 | |
| Revenue Enterprise Value | 0.6519 | |
| EBITDA Enterprise Value | 14.4117 | |
| Shares | ||
| Shares Outstanding | 33,900,300 | |
| Shares Float | 20,515,428 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 36.65 | |
| Institutions (%) | 36.43 | |
06/11 03:00 EST - prnewswire.com
Fortegra Granted License to Operate in Belgium and European Union
New Belgium office doubles down on company's European commitment JACKSONVILLE, Fla. , June 11, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced its approval to operate in Belgium and the European Union.
Fortegra Granted License to Operate in Belgium and European Union
New Belgium office doubles down on company's European commitment JACKSONVILLE, Fla. , June 11, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced its approval to operate in Belgium and the European Union.
05/01 16:03 EST - businesswire.com
Tiptree Announces First Quarter 2024 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the first quarter 2024. Financial results for the three months ended March 31, 2024 and 2023 are as follows: Three Months Ended March 31, ($ in thousands, except per share information) 2024 2023 Total revenues $ 498,221 $ 381,625 Net income (loss) attributable to common stockholders $ 9,050 $ (1,062) Diluted earnings per share $ 0.22 $ (0.03) Cash d.
Tiptree Announces First Quarter 2024 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the first quarter 2024. Financial results for the three months ended March 31, 2024 and 2023 are as follows: Three Months Ended March 31, ($ in thousands, except per share information) 2024 2023 Total revenues $ 498,221 $ 381,625 Net income (loss) attributable to common stockholders $ 9,050 $ (1,062) Diluted earnings per share $ 0.22 $ (0.03) Cash d.
04/18 16:03 EST - businesswire.com
Tiptree to Hold Conference Call for Q1 2024 Results on Thursday, May 2, 2024
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, May 2, 2024 at 10:30 AM ET to discuss the Company's Q1 2024 results. A copy of the Q1 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call, ple.
Tiptree to Hold Conference Call for Q1 2024 Results on Thursday, May 2, 2024
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, May 2, 2024 at 10:30 AM ET to discuss the Company's Q1 2024 results. A copy of the Q1 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call, ple.
04/03 07:55 EST - businesswire.com
Tiptree Announces Rebrand of Asset Management Business
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (“Tiptree”) (NASDAQ: TIPT), today announces the rebrand of its asset management business to Tiptree Advisors, LLC (“Tiptree Advisors”). The new branding reflects the growth of our business and the full integration of the Coherence Credit Strategies, which was acquired in 2023. Over the past two years, the firm has expanded its investment expertise in investment grade and high yield credit to include liquid long/short credit, co-investment strategi.
Tiptree Announces Rebrand of Asset Management Business
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (“Tiptree”) (NASDAQ: TIPT), today announces the rebrand of its asset management business to Tiptree Advisors, LLC (“Tiptree Advisors”). The new branding reflects the growth of our business and the full integration of the Coherence Credit Strategies, which was acquired in 2023. Over the past two years, the firm has expanded its investment expertise in investment grade and high yield credit to include liquid long/short credit, co-investment strategi.
02/29 14:16 EST - seekingalpha.com
Tiptree Inc. (TIPT) Q4 2023 Earnings Call Transcript
Tiptree Inc. (TIPT) Q4 2023 Earnings Call Transcript
Tiptree Inc. (TIPT) Q4 2023 Earnings Call Transcript
Tiptree Inc. (TIPT) Q4 2023 Earnings Call Transcript
02/28 16:05 EST - businesswire.com
Tiptree Announces Fourth Quarter 2023 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the fourth quarter 2023. “We are extremely pleased with our performance in the fourth quarter and full-year 2023. Our operating businesses demonstrated strong performance, resulting in an increase of revenues to $1.6 billion for the year, accompanied by an adjusted return on equity of 15.2%. Notably, Fortegra, our specialty insurance business, achieved record res.
Tiptree Announces Fourth Quarter 2023 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the fourth quarter 2023. “We are extremely pleased with our performance in the fourth quarter and full-year 2023. Our operating businesses demonstrated strong performance, resulting in an increase of revenues to $1.6 billion for the year, accompanied by an adjusted return on equity of 15.2%. Notably, Fortegra, our specialty insurance business, achieved record res.
02/22 16:54 EST - businesswire.com
Tiptree to Hold Conference Call for Q4 and FY 2023 Results on Thursday, February 29, 2024
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, February 29, 2024 at 10:30 AM ET to discuss the Company's Q4 and FY 2023 results. A copy of the Q4 and FY 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answe.
Tiptree to Hold Conference Call for Q4 and FY 2023 Results on Thursday, February 29, 2024
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, February 29, 2024 at 10:30 AM ET to discuss the Company's Q4 and FY 2023 results. A copy of the Q4 and FY 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answe.
02/15 07:23 EST - marketwatch.com
IPO freeze gives way to cautious optimism as dealmakers see signs of a thaw
Private-equity and venture-capital firms flourished during the low-interest rate period that followed the 2008 financial crisis with a brisk pace of mergers and acquisitions, as well as a healthy pipeline of initial public offerings.
IPO freeze gives way to cautious optimism as dealmakers see signs of a thaw
Private-equity and venture-capital firms flourished during the low-interest rate period that followed the 2008 financial crisis with a brisk pace of mergers and acquisitions, as well as a healthy pipeline of initial public offerings.
02/07 07:45 EST - prnewswire.com
Fortegra Announces Withdrawal of Initial Public Offering
JACKSONVILLE, Fla. , Feb. 7, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that due to prevailing market conditions and the high value Tiptree Inc. ("Tiptree") and Warburg Pincus LLC ("Warburg") place on Fortegra and its growth prospects, Tiptree and Warburg have decided to withdraw the registration statement relating to the previously announced initial public offering by Fortegra.
Fortegra Announces Withdrawal of Initial Public Offering
JACKSONVILLE, Fla. , Feb. 7, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that due to prevailing market conditions and the high value Tiptree Inc. ("Tiptree") and Warburg Pincus LLC ("Warburg") place on Fortegra and its growth prospects, Tiptree and Warburg have decided to withdraw the registration statement relating to the previously announced initial public offering by Fortegra.
02/05 16:44 EST - investorplace.com
TFG Stock IPO: When Does Fortegra Go Public? What Is the Fortegra IPO Price Range?
Wall Street is abuzz over the upcoming Fortegra initial public offering (IPO). Indeed, the specialty insurance company and subsidiary of Tiptree (NASDAQ: TIPT ), Fortegra Group, is set to go public this Thursday, Feb. 8.
TFG Stock IPO: When Does Fortegra Go Public? What Is the Fortegra IPO Price Range?
Wall Street is abuzz over the upcoming Fortegra initial public offering (IPO). Indeed, the specialty insurance company and subsidiary of Tiptree (NASDAQ: TIPT ), Fortegra Group, is set to go public this Thursday, Feb. 8.
01/29 16:41 EST - seekingalpha.com
Tiptree: Fortegra IPO Roadshow Launched, Deal Looks Priced To Perform
Tiptree Inc. has filed for The Fortegra Group, Inc. IPO, with Goldman Sachs and JPMorgan as lead underwriters. The proposed market cap for Fortegra is between $1.267 and $1.521 billion. Fortegra's Q4 Adjusted Net Income was $32.6 million, bringing full-year Adjusted N.I. to $115 million, a 38% increase from last year.
Tiptree: Fortegra IPO Roadshow Launched, Deal Looks Priced To Perform
Tiptree Inc. has filed for The Fortegra Group, Inc. IPO, with Goldman Sachs and JPMorgan as lead underwriters. The proposed market cap for Fortegra is between $1.267 and $1.521 billion. Fortegra's Q4 Adjusted Net Income was $32.6 million, bringing full-year Adjusted N.I. to $115 million, a 38% increase from last year.
01/29 07:17 EST - prnewswire.com
Fortegra Announces Launch of Initial Public Offering
JACKSONVILLE, Fla. , Jan. 29, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the launch of Fortegra's initial public offering.
Fortegra Announces Launch of Initial Public Offering
JACKSONVILLE, Fla. , Jan. 29, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the launch of Fortegra's initial public offering.
01/22 15:45 EST - prnewswire.com
Fortegra Appoints Eric Halter and Bianca Hoshina to Specialty Leadership Team
JACKSONVILLE, Fla. , Jan. 22, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the appointment of Eric Halter as Senior Vice President, Business Development, and Bianca Hoshina as Chief Reinsurance Buyer.
Fortegra Appoints Eric Halter and Bianca Hoshina to Specialty Leadership Team
JACKSONVILLE, Fla. , Jan. 22, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the appointment of Eric Halter as Senior Vice President, Business Development, and Bianca Hoshina as Chief Reinsurance Buyer.
01/04 16:05 EST - businesswire.com
Tiptree Inc. Announces Tax Treatment of 2023 Common Stock Distributions
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. ("Tiptree”) (NASDAQ:TIPT) announced the income tax treatment of its 2023 common stock distribution payments. Total 2023 distributions to common stockholders were $0.20 per share and are considered return of capital, as set forth below. CUSIP 88822Q103 FORM 1099-DIV Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Unrecaptured Section 1250 Gain.
Tiptree Inc. Announces Tax Treatment of 2023 Common Stock Distributions
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. ("Tiptree”) (NASDAQ:TIPT) announced the income tax treatment of its 2023 common stock distribution payments. Total 2023 distributions to common stockholders were $0.20 per share and are considered return of capital, as set forth below. CUSIP 88822Q103 FORM 1099-DIV Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Unrecaptured Section 1250 Gain.
11/08 17:04 EST - businesswire.com
Tiptree Announces Fortegra Filing of Registration Statement for Initial Public Offering
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (“Tiptree”) (NASDAQ:TIPT) today announced that its specialty insurance subsidiary, The Fortegra Group, Inc. (“Fortegra”) has publicly filed a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering (“IPO”). Tiptree expects Fortegra's IPO to be a primary offering with the net proceeds used to execute its growth strategy and for working c.
Tiptree Announces Fortegra Filing of Registration Statement for Initial Public Offering
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (“Tiptree”) (NASDAQ:TIPT) today announced that its specialty insurance subsidiary, The Fortegra Group, Inc. (“Fortegra”) has publicly filed a Registration Statement on Form S-1 (the “Registration Statement”) with the Securities and Exchange Commission (the “SEC”) relating to a proposed initial public offering (“IPO”). Tiptree expects Fortegra's IPO to be a primary offering with the net proceeds used to execute its growth strategy and for working c.
11/06 10:00 EST - businesswire.com
Corvid Peak Capital Management Announces Closing of Coherence Capital Management Team Acquisition
NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--Corvid Peak Capital Management, a subsidiary of Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”) today reported that it has closed the previously announced acquisition of the Coherence Capital Management team (“Coherence”). Coherence and its founder, Sal Naro, manage a liquid long/short credit hedge fund strategy that includes the Coherence Long/Short Credit fund, which itself has an 11+ year track record. Mr. Naro brings over 40 years of exp.
Corvid Peak Capital Management Announces Closing of Coherence Capital Management Team Acquisition
NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--Corvid Peak Capital Management, a subsidiary of Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”) today reported that it has closed the previously announced acquisition of the Coherence Capital Management team (“Coherence”). Coherence and its founder, Sal Naro, manage a liquid long/short credit hedge fund strategy that includes the Coherence Long/Short Credit fund, which itself has an 11+ year track record. Mr. Naro brings over 40 years of exp.
11/03 02:39 EST - seekingalpha.com
Tiptree Inc. (TIPT) Q3 2023 Earnings Call Transcript
Tiptree Inc. (NASDAQ:TIPT ) Q3 2023 Earnings Conference Call November 2, 2023 10:30 AM ET Company Participants Scott McKinney - CFO Michael G. Barnes - Executive Chairman Jonathan Ilany - CEO Conference Call Participants Operator Greetings and welcome to the Tiptree Third Quarter 2023 Earnings Conference Call.
Tiptree Inc. (TIPT) Q3 2023 Earnings Call Transcript
Tiptree Inc. (NASDAQ:TIPT ) Q3 2023 Earnings Conference Call November 2, 2023 10:30 AM ET Company Participants Scott McKinney - CFO Michael G. Barnes - Executive Chairman Jonathan Ilany - CEO Conference Call Participants Operator Greetings and welcome to the Tiptree Third Quarter 2023 Earnings Conference Call.
10/26 15:00 EST - businesswire.com
Tiptree to Hold Conference Call for Q3 2023 Results on Thursday, November 2, 2023
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, November 2, 2023 at 10:30 AM ET to discuss the Company's Q3 2023 results. A copy of the Q3 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call.
Tiptree to Hold Conference Call for Q3 2023 Results on Thursday, November 2, 2023
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, November 2, 2023 at 10:30 AM ET to discuss the Company's Q3 2023 results. A copy of the Q3 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call.
10/25 11:33 EST - seekingalpha.com
Tiptree: Healthy Premium Remains On Extraordinary Growth
Tiptree, a specialty insurance company, has a minority interest from Warburg Pincus that values it higher than its current market value. The company is benefiting from higher insurance pricing and experiencing meaningful premium and profit growth, with the exception of limited profit growth in auto lines due to inflation. Tiptree's valuation is reasonable, especially considering the current market conditions and its growth in specialty markets.
Tiptree: Healthy Premium Remains On Extraordinary Growth
Tiptree, a specialty insurance company, has a minority interest from Warburg Pincus that values it higher than its current market value. The company is benefiting from higher insurance pricing and experiencing meaningful premium and profit growth, with the exception of limited profit growth in auto lines due to inflation. Tiptree's valuation is reasonable, especially considering the current market conditions and its growth in specialty markets.
08/24 15:30 EST - prnewswire.com
Fortegra CEO Rick Kahlbaugh and COO Abbie Taylor to speak at the 2023 Keefe, Bruyette & Woods Insurance Conference
JACKSONVILLE, Fla. , Aug. 24, 2023 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that Rick Kahlbaugh, President & CEO, and Abbie Taylor, COO, will participate in a fireside chat at the 2023 Keefe, Bruyette & Woods Insurance Conference on Wednesday, September 6, 2023, in New York City.
Fortegra CEO Rick Kahlbaugh and COO Abbie Taylor to speak at the 2023 Keefe, Bruyette & Woods Insurance Conference
JACKSONVILLE, Fla. , Aug. 24, 2023 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that Rick Kahlbaugh, President & CEO, and Abbie Taylor, COO, will participate in a fireside chat at the 2023 Keefe, Bruyette & Woods Insurance Conference on Wednesday, September 6, 2023, in New York City.