Tiptree (TIPT) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $21.50 to $21.50
• 50-Day Range: $19.01 to $22.25
• 52-Week Range: $14.96 to $24.09
• Volume: 3,673 shs
• Average Volume: 90,663 shs
• Market Capitalization: $796.79 million
• P/E Ratio: 22.16
• Dividend Yield: 1.12%
• Price Target: N/A
• Consensus Rating: N/A

Tiptree Stock Analysis - MarketRank™

Tiptree scored higher than 54% of companies evaluated by MarketBeat, and ranked 593rd out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Tiptree.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tiptree is 22.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tiptree is 22.16, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.28.

Price to Book Value per Share Ratio

Tiptree has a P/B Ratio of 1.21. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.91% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tiptree has recently decreased by 28.81%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tiptree pays a meaningful dividend of 1.11%, 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%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.91% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Tiptree has recently decreased by 28.81%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.00

News Sentiment

Tiptree has a news sentiment score of 0.00. 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 0.76 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Tiptree this week, compared to 4 articles on an average week.

Search Interest

1 people have searched for TIPT on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Tiptree to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

TIPT Stock Analysis - Frequently Asked Questions

How have TIPT shares performed this year?

Tiptree's stock was trading at $18.96 at the start of the year. Since then, TIPT shares have increased by 13.4% and is now trading at $21.50.
View the best growth stocks for 2024 here.

How were Tiptree's earnings last quarter?

Tiptree Inc. (NASDAQ:TIPT) released its quarterly earnings results on Wednesday, May, 1st. The financial services provider reported $0.44 EPS for the quarter. The financial services provider had revenue of $498.22 million for the quarter. Tiptree had a net margin of 2.05% and a trailing twelve-month return on equity of 11.50%.

Who are Tiptree's major shareholders?

Tiptree's top institutional shareholders include Geode Capital Management LLC (1.51%), State Street Corp (1.33%), TCW Group Inc. (0.98%) and Charles Schwab Investment Management Inc. (0.50%). Insiders that own company stock include Jonathan Ilany, Randy Maultsby, Neil Charles Rifkind and Sandra Bell.
View institutional ownership trends.

How do I buy shares of Tiptree?

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.

What other stocks do shareholders of Tiptree own?

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
• Ex-Dividend for 11/25 Dividend: 11/18/2024
• Today: 11/21/2024
• Dividend Payable: 11/25/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Fire, marine, & casualty insurance
• Sub-Industry: Insurance
• Current Symbol: NASDAQ:TIPT
• CUSIP: N/A
• CIK: 1393726
• Web: www.tiptreeinc.com
• Phone: (212) 446-1400
• Fax: N/A
• Employees: 1,132
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.97
• Trailing P/E Ratio: 22.16
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $13.95 million
• Net Margins: 2.05%
• Pretax Margin: 6.91%
• Return on Equity: 11.50%
• Return on Assets: 1.33%

Debt

• Debt-to-Equity Ratio: 0.59
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $1.65 billion
• Price / Sales: 0.48
• Cash Flow: $1.91 per share
• Price / Cash Flow: 11.25
• Book Value: $17.71 per share
• Price / Book: 1.21

Miscellaneous

• Outstanding Shares: 37,060,000
• Free Float: 25,280,000
• Market Cap: $796.79 million
• Optionable: Optionable
• Beta: 1.30