NASDAQ:TIPT

Tiptree (TIPT) Stock Forecast, Price & News

$16.74

-0.02 (-0.12%)

(As of 11:09 AM ET)

Compare

Today's Range: $16.72
▼
$16.81
50-Day Range: $14.53
▼
$17.68
52-Week Range: $10.18
▼
$18.00

Volume: 6,760 shs
Average Volume: 74,926 shs
Market Capitalization: $615.20 million

P/E Ratio: 31.59
Dividend Yield: 1.19%
Price Target: N/A

Tiptree MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.61% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.57
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tiptree.

3.0

Short Interest

Percentage of Shares Shorted
0.61% 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 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Tiptree has recently increased by 5.02%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Tiptree pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tiptree has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Tiptree is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TIPT.

2.5

News and Social Media Coverage

News Sentiment
Tiptree has a news sentiment score of 0.57. 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 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Tiptree this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added Tiptree to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tiptree insiders have not sold or bought any company stock.
Percentage Held by Insiders
31.34% 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 35.90% of the stock of Tiptree is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tiptree is 31.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tiptree is 31.68, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.59.
Price to Book Value per Share Ratio
Tiptree has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tiptree (NASDAQ:TIPT) Stock

Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche; commercial lines insurance products, including professional liability, contractual liability, energy, allied health, general liability, directors' and officers' liability, life sciences, inland marine, contractors' equipment, contractors' liability, student legal liability, hospitality, and business owner insurance products; and personal lines insurance products, such as storage unit contents, manufactured housing, GAP, auto, credit life and disability, and collateral insurance products. The company also provides warranty insurance products covering losses on automobiles, mobile devices, consumer electronics, appliances, furniture, vehicle service contracts, roadside assistance and motor clubs, GAP, automobile dent and ding repair, key replacement, cellular handset protection, and service contracts on other consumer goods, as well as premium finance services, lead generation support, insurance sales, and business process outsourcing. In addition, it offers mortgage loans for institutional investors; asset management services; and maritime shipping services, as well as invests in shares. The company markets its products through a network of independent insurance agents, consumer finance companies, auto dealers, retailers, brokers, and managing general agencies. 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 Price History

30 days | 90 days | 365 days | Advanced Chart

TIPT Stock News Headlines

October 2, 2023 | msn.com

The science-fiction novels that everyone should read at least once

September 4, 2023 | uk.finance.yahoo.com

Another secondary school confirms shift to online learning amid concrete concerns

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

September 1, 2023 | msn.com

New doggy day care centre and grooming parlour could open in Colchester village

August 24, 2023 | finance.yahoo.com

Fortegra CEO Rick Kahlbaugh and COO Abbie Taylor to speak at the 2023 Keefe, Bruyette & Woods Insurance Conference

August 22, 2023 | msn.com

Ex-Hull City and England boss Peter Taylor sacked by non-league club three games into season

August 21, 2023 | bbc.co.uk

Peter Taylor: Ex-Leicester City & Crystal Palace boss sacked as Maldon & Tiptree manager

August 20, 2023 | msn.com

The Tiptree firm which has just won FOUR prestigious awards for its tasty products

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

August 17, 2023 | msn.com

Grateful drama group for youngsters thanks council for 'invaluable' £2,000 donation

August 17, 2023 | msn.com

Tiptree sixth form students praised as multiple achieve top marks

August 15, 2023 | finance.yahoo.com

New Hire Strengthens Fortegra's Executive Leadership Team

August 14, 2023 | msn.com

Tiptree group which provides 'positive value' to youngsters awarded £2000 grant

August 9, 2023 | finance.yahoo.com

Corvid Peak Expands Asset Management Platform

August 5, 2023 | seekingalpha.com

Tiptree Inc. 2023 Q2 - Results - Earnings Call Presentation

August 4, 2023 | finance.yahoo.com

Has Tiptree Inc.'s (NASDAQ:TIPT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

August 4, 2023 | finance.yahoo.com

Q2 2023 Tiptree Inc Earnings Call

August 3, 2023 | msn.com

Tiptree: Another Quarter Ringing The Register

August 3, 2023 | washingtonpost.com

Tiptree: Q2 Earnings Snapshot

August 3, 2023 | finance.yahoo.com

Tiptree Reports Second Quarter 2023 Results

July 29, 2023 | bbc.com

Tiptree Heath

July 27, 2023 | finance.yahoo.com

Tiptree to Hold Conference Call for Q2 2023 Results on Thursday, August 3, 2023

July 16, 2023 | msn.com

New sponsorship deal announced for Tiptree young football stars

July 15, 2023 | uk.sports.yahoo.com

July 14, 2023 | uk.sports.yahoo.com

Suffolk garden centre named best in the region

July 11, 2023 | msn.com

Police attend incident in Tiptree with multiple responders at scene

July 11, 2023 | msn.com

Major emergency response as police shut road amid 'serious incident' in Tiptree

See More Headlines

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TIPT Company Calendar

Last Earnings: 8/02/2023
Ex-Dividend for 8/28 Dividend: 8/18/2023
Dividend Payable: 8/28/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Fire, marine, & casualty insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:TIPT
CUSIP: N/A
CIK: 1393726
Web: www.tiptreeinc.com
Phone: (212) 446-1400
Fax: N/A
Employees: 1,304
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.53
Trailing P/E Ratio: 31.62
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-8,270,000.00
Net Margins: 1.32%
Pretax Margin: 5.40%
Return on Equity: 11.31%
Return on Assets: 1.43%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $1.40 billion
Price / Sales: 0.44
Cash Flow: $2.18 per share
Price / Cash Flow: 7.70
Book Value: $14.66 per share
Price / Book: 1.14

Miscellaneous

Outstanding Shares: 36,750,000
Free Float: 25,233,000
Market Cap: $615.93 million
Optionable: Not Optionable
Beta: 1.10

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Key Executives

Mr. Michael Gene Barnes (Age 56)
Exec. Chairman
Comp: $4.29M

Mr. Jonathan Ilany (Age 70)
CEO & Director
Comp: $4.38M

Mr. Randy S. Maultsby (Age 49)
Pres & Director
Comp: $1.91M

Mr. Neil Charles Rifkind Esq. (Age 57)
J.D., VP, Gen. Counsel & Sec.
Comp: $1.18M

Mr. Scott T. McKinney (Age 39)
Chief Financial Officer

Ms. Julia Helene Wyatt (Age 65)
Chief Operating Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TIPT Stock - Frequently Asked Questions

How have TIPT shares performed in 2023?: Tiptree's stock was trading at $13.84 at the beginning of the year. Since then, TIPT shares have increased by 21.1% and is now trading at $16.76.
View the best growth stocks for 2023 here.
When is Tiptree's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our TIPT earnings forecast.
How were Tiptree's earnings last quarter?: Tiptree Inc. (NASDAQ:TIPT) issued its quarterly earnings results on Wednesday, August, 2nd. The financial services provider reported $0.58 earnings per share for the quarter. The financial services provider earned $404.52 million during the quarter. Tiptree had a trailing twelve-month return on equity of 11.31% and a net margin of 1.32%.
How often does Tiptree pay dividends? What is the dividend yield for Tiptree?: Tiptree declared a quarterly dividend on Tuesday, August 1st. Shareholders of record on Monday, August 21st will be given a dividend of $0.05 per share on Monday, August 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend is Friday, August 18th.
Read our dividend analysis for TIPT.
What ETF holds Tiptree's stock ?: AdvisorShares Dorsey Wright Micro-Cap ETF holds 2,526 shares of TIPT stock, representing 0.80% of its portfolio.
Is Tiptree a good dividend stock?: Tiptree (NASDAQ:TIPT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.19%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TIPT.

What other stocks do shareholders of Tiptree own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tiptree investors own include Apple Hospitality REIT (APLE), Corbus Pharmaceuticals (CRBP), Sangamo Therapeutics (SGMO), AT&T (T), Zynga (ZNGA), Advanced Emissions Solutions (ADES), AGNC Investment (AGNC), Enphase Energy (ENPH), Energy Transfer (ET) and Medical Properties Trust (MPW).
What is Tiptree's stock symbol?: Tiptree trades on the NASDAQ under the ticker symbol "TIPT."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tiptree's stock price today?: One share of TIPT stock can currently be purchased for approximately $16.76.
How much money does Tiptree make?: Tiptree (NASDAQ:TIPT) has a market capitalization of $615.93 million and generates $1.40 billion in revenue each year. The financial services provider earns $-8,270,000.00 in net income (profit) each year or $0.53 on an earnings per share basis.
How many employees does Tiptree have?: The company employs 1,304 workers across the globe.
How can I contact Tiptree?: Tiptree's mailing address is 299 PARK AVENUE 13TH FLOOR, NEW YORK NY, 10171. The official website for the company is www.tiptreeinc.com. The financial services provider can be reached via phone at (212) 446-1400 or via email at ir@tiptreeinc.com.

This page (NASDAQ:TIPT) was last updated on 10/2/2023 by MarketBeat.com Staff

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