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NASDAQ:TIPT

Tiptree (TIPT) Stock Price, News & Analysis

$19.57
+0.56 (+2.95%)
(As of 09/13/2024 ET)
Today's Range
$19.29
$19.75
50-Day Range
$15.74
$20.00
52-Week Range
$14.74
$20.80
Volume
38,347 shs
Average Volume
95,546 shs
Market Capitalization
$719.98 million
P/E Ratio
34.33
Dividend Yield
1.23%
Price Target
N/A

Tiptree MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Tiptree in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.68 out of 5 stars

Finance Sector

777th out of 875 stocks

Fire, Marine, & Casualty Insurance Industry

46th out of 52 stocks

TIPT stock logo

About Tiptree Stock (NASDAQ:TIPT)

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.

TIPT Stock Price History

TIPT Stock News Headlines

War on Elon Escalates…
Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year.
Tiptree (NASDAQ:TIPT) Cut to "Buy" at StockNews.com
War on Elon Escalates…
Elon Musk just built a supercomputer in Memphis, Tennessee. It took him only 122 days. Dubbed “Colossus,” this supercomputer aims to become the most powerful AI training system in the world. Housed in a 785,000 sq. ft facility in Memphis, Colossus will soon require 150 megawatts of electricity per day. That’s about equal to the amount of energy needed to power 100,000 homes per year.
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See More Headlines
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Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 8/26 Dividend
8/19/2024
Dividend Payable
8/26/2024
Today
9/13/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

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
$2.01 per share
Book Value
$15.69 per share

Miscellaneous

Free Float
25,095,000
Market Cap
$719.98 million
Optionable
Optionable
Beta
1.31
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TIPT Stock Analysis - Frequently Asked Questions

How have TIPT shares performed this year?

Tiptree's stock was trading at $18.96 at the beginning of 2024. Since then, TIPT stock has increased by 3.2% and is now trading at $19.57.
View the best growth stocks for 2024 here
.

How were Tiptree's earnings last quarter?

Tiptree Inc. (NASDAQ:TIPT) posted its quarterly earnings results on Wednesday, July, 31st. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. The financial services provider had revenue of $546.67 million for the quarter. Tiptree had a trailing twelve-month return on equity of 11.97% and a net margin of 1.62%.

Who are Tiptree's major shareholders?

Top institutional shareholders of Tiptree include Dimensional Fund Advisors LP (6.85%), TCW Group Inc. (1.14%), Millennium Management LLC (0.56%) and Cove Street Capital LLC (0.55%). 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 Apple Hospitality REIT (APLE), Corbus Pharmaceuticals (CRBP), Sangamo Therapeutics (SGMO), AT&T (T), Zynga (ZNGA), Advanced Emissions Solutions (ADES) and AGNC Investment (AGNC).

This page (NASDAQ:TIPT) was last updated on 9/14/2024 by MarketBeat.com Staff

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