Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NASDAQ:TIG

Trean Insurance Group (TIG) Stock Price, News & Analysis

Trean Insurance Group logo

About Trean Insurance Group Stock (NASDAQ:TIG)

Key Stats

Today's Range
$6.16
$6.16
50-Day Range
$6.05
$6.16
52-Week Range
$2.12
$7.34
Volume
N/A
Average Volume
341,229 shs
Market Capitalization
$315.64 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Trean Insurance Group, Inc. underwrites specialty casualty insurance products in the United States. The company underwrites business, predominantly workers' compensation, accident and health, and medical professional liability products. It also offers a variety of services, including issuing carrier, claims administration, and reinsurance brokerage services. The company offers its products through program partners and managing general agents. Trean Insurance Group, Inc. was founded in 1996 and is based in Wayzata, Minnesota.

Receive TIG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Trean Insurance Group and its competitors with MarketBeat's FREE daily newsletter.

TIG Stock News Headlines

Insurance Sales Agent
Has Trump Finally Gone Too Far?
Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.
PSC Insurance Group Ltd (PSI)
What is group life insurance?
Team Internet Group PLC (TIG)
When Do You Need Group Travel Insurance?
See More Headlines

TIG Stock Analysis - Frequently Asked Questions

Trean Insurance Group, Inc. (NASDAQ:TIG) released its quarterly earnings results on Wednesday, November, 10th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.20 by $0.05. The company had revenue of $56.94 million for the quarter, compared to the consensus estimate of $59.64 million. Trean Insurance Group had a negative net margin of 21.75% and a positive trailing twelve-month return on equity of 2.04%.

Trean Insurance Group (TIG) raised $150 million in an initial public offering on Thursday, July 16th 2020. The company issued 10,700,000 shares at $13.00-$15.00 per share. J.P. Morgan, Evercore ISI and William Blair acted as the underwriters for the IPO and JMP Securities was co-manager.

Based on aggregate information from My MarketBeat watchlists, some other companies that Trean Insurance Group investors own include Editas Medicine (EDIT), Agenus (AGEN), Pharming Group (PHGUF), Galapagos (GLPG), ING Groep (ING), NewLink Genetics (NLNK) and Exelixis (EXEL).

Company Calendar

Last Earnings
11/10/2021
Today
11/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Current Symbol
NASDAQ:TIG
Fax
N/A
Employees
355
Year Founded
N/A

Profitability

Net Income
$-65,960,000.00
Pretax Margin
-21.40%

Debt

Sales & Book Value

Annual Sales
$303.24 million
Cash Flow
$1.79 per share
Book Value
$6.15 per share

Miscellaneous

Free Float
46,473,000
Market Cap
$315.64 million
Optionable
Not Optionable
Beta
-0.35
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

This page (NASDAQ:TIG) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners