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NASDAQ:TIPT

Tiptree (TIPT) Stock Price, News & Analysis

Tiptree logo
$20.19
-0.22 (-1.08%)
(As of 11/1/2024 ET)

About Tiptree Stock (NASDAQ:TIPT)

Key Stats

Today's Range
$20.06
$21.00
50-Day Range
$18.68
$20.95
52-Week Range
$14.96
$21.50
Volume
98,896 shs
Average Volume
90,594 shs
Market Capitalization
$742.79 million
P/E Ratio
20.81
Dividend Yield
1.19%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. It operates through two segments: Insurance and Mortgage. The company offers niche; commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance products; and personal lines insurance products, such as credit protection surrounding loan payments. It also provides auto and consumer warranty programs, including mobile devices, consumer electronics, appliances, furniture; and vehicle service contracts, GAP, and ancillary products; as well as premium or warranty contract financing services, lead generation support, and business process outsourcing services. In addition, the company offers mortgage loans for institutional investors; asset management services; and maritime shipping and asset management services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, online retailers, auto dealers, and regional big box retailers. The company was formerly known as Tiptree Financial Inc. and changed its name to Tiptree Inc. in December 2016. Tiptree Inc. was founded in 1978 and is headquartered in Greenwich, Connecticut.

Tiptree Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
28th Percentile Overall Score

TIPT MarketRank™: 

Tiptree scored higher than 28% of companies evaluated by MarketBeat, and ranked 839th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tiptree is 20.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tiptree is 20.81, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 42.57.

  • Price to Book Value per Share Ratio

    Tiptree has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Tiptree's valuation and earnings.
  • Percentage of Shares Shorted

    1.27% of the float of Tiptree has been sold short.
  • Short Interest Ratio / Days to Cover

    Tiptree has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Tiptree has recently increased by 1.83%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Tiptree pays a meaningful dividend of 1.22%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tiptree does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tiptree is 24.74%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Tiptree's dividend.
  • Percentage of Shares Shorted

    1.27% of the float of Tiptree has been sold short.
  • Short Interest Ratio / Days to Cover

    Tiptree has a short interest ratio ("days to cover") of 4.
  • Change versus previous month

    Short interest in Tiptree has recently increased by 1.83%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Tiptree has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Tiptree this week, compared to 4 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Tiptree insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    31.78% of the stock of Tiptree is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 37.78% of the stock of Tiptree is held by institutions.

  • Read more about Tiptree's insider trading history.
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TIPT Stock News Headlines

Q3 2024 Tiptree Inc Earnings Call
625,000% Gain
Imagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.
Tiptree Inc. 2024 Q3 - Results - Earnings Call Presentation
Tiptree Financial Reports Strong Q3 2024 Growth
Tiptree Announces Third Quarter 2024 Results
Richard Mangion Appointed CFO of Fortegra Europe
See More Headlines

TIPT Stock Analysis - Frequently Asked Questions

Tiptree's stock was trading at $18.96 at the start of the year. Since then, TIPT stock has increased by 6.5% and is now trading at $20.19.
View the best growth stocks for 2024 here
.

Tiptree Inc. (NASDAQ:TIPT) announced its quarterly earnings data on Wednesday, May, 1st. The financial services provider reported $0.44 EPS for the quarter. The financial services provider earned $498.22 million during the quarter. Tiptree had a net margin of 2.05% and a trailing twelve-month return on equity of 11.78%.

Tiptree's top institutional investors include Tectonic Advisors LLC (0.07%), Sanders Morris Harris LLC (0.04%), SG Americas Securities LLC (0.03%) and Copeland Capital Management LLC (0.01%). Insiders that own company stock include Jonathan Ilany, Randy Maultsby, Neil Charles Rifkind and Sandra Bell.
View institutional ownership trends
.

Shares of TIPT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tiptree investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Palo Alto Networks (PANW), Tesla (TSLA) and Broadcom (AVGO).

Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 8/26 Dividend
8/19/2024
Dividend Payable
8/26/2024
Today
11/02/2024
Ex-Dividend for 11/25 Dividend
11/18/2024
Dividend Payable
11/25/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
Insurance
Current Symbol
NASDAQ:TIPT
Fax
N/A
Employees
1,132
Year Founded
N/A

Profitability

Net Income
$13.95 million
Pretax Margin
6.37%

Debt

Sales & Book Value

Annual Sales
$1.65 billion
Cash Flow
$1.97 per share
Book Value
$15.69 per share

Miscellaneous

Free Float
25,098,000
Market Cap
$742.79 million
Optionable
Optionable
Beta
1.30
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This page (NASDAQ:TIPT) was last updated on 11/2/2024 by MarketBeat.com Staff
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