Tiptree (NASDAQ:TIPT - Get Free Report) will release its earnings data after the market closes on Wednesday, October 30th. Individual interested in registering for the company's earnings conference call can do so using this link.
Tiptree (NASDAQ:TIPT - Get Free Report) last posted its earnings results on Wednesday, July 31st. The financial services provider reported $0.53 EPS for the quarter. The firm had revenue of $546.67 million during the quarter. Tiptree had a net margin of 1.62% and a return on equity of 11.97%.
Tiptree Stock Performance
Shares of TIPT traded down $0.31 during mid-day trading on Friday, reaching $19.40. 35,405 shares of the company's stock traded hands, compared to its average volume of 90,927. The business's 50-day moving average price is $19.51 and its 200-day moving average price is $17.94. The stock has a market capitalization of $713.63 million, a P/E ratio of 34.11 and a beta of 1.30. Tiptree has a 12 month low of $14.74 and a 12 month high of $21.13.
Tiptree Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, August 26th. Investors of record on Monday, August 19th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.24%. The ex-dividend date was Monday, August 19th. Tiptree's dividend payout ratio is currently 42.11%.
Analyst Upgrades and Downgrades
Separately, StockNews.com raised Tiptree from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, September 25th.
Read Our Latest Research Report on TIPT
Tiptree Company Profile
(
Get Free Report)
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.
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