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

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.

Key Stats

• Today's Range: $6.16 to $6.16
• 50-Day Range: $6.05 to $6.16
• 52-Week Range: $2.12 to $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

TIG Stock Analysis - Frequently Asked Questions

How were Trean Insurance Group's earnings last quarter?

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

When did Trean Insurance Group IPO?

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.

What other stocks do shareholders of Trean Insurance Group own?

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: 12/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: N/A
• Current Symbol: NASDAQ:TIG
• Previous Symbol: NYSE:TIG
• CUSIP: N/A
• CIK: 1581987
• Web: www.trean.com
• Phone: 952-974-2200
• Fax: N/A
• Employees: 355
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.28)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 11.62
• P/E Growth: N/A
• Net Income: $-65,960,000.00
• Net Margins: -21.75%
• Pretax Margin: -21.40%
• Return on Equity: 2.04%
• Return on Assets: 0.51%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 0.73
• Quick Ratio: 0.73

Sales & Book Value

• Annual Sales: $303.24 million
• Price / Sales: 1.04
• Cash Flow: $1.79 per share
• Price / Cash Flow: 3.44
• Book Value: $6.15 per share
• Price / Book: 1.00

Miscellaneous

• Outstanding Shares: 51,240,000
• Free Float: 46,473,000
• Market Cap: $315.64 million
• Optionable: Not Optionable
• Beta: -0.35