NASDAQ:TIPT - Tiptree Stock Price, Price Target & More

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$6.65 +0.05 (+0.76 %)
(As of 06/20/2018 08:00 AM ET)
Previous Close$6.60
Today's Range$6.60 - $6.75
52-Week Range$5.35 - $7.24
Volume83,600 shs
Average Volume78,654 shs
Market Capitalization$249.89 million
P/E RatioN/A
Dividend Yield2.12%
Beta-0.33
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. It operates through three segments: Specialty Insurance, Asset Management, and Mortgage. The company provides credit protection insurance, warranty and service contract products, and insurance programs that underwrite niche personal and commercial lines of insurance, as well as offers value-add services, including premium finance and business processing services. It also engages in asset management operations; the provision of mortgage loans for institutional investors; and other investment activities. Tiptree Inc. markets its products through a network of independent insurance 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 incorporated in 2007 and is based in New York, New York.

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Industry, Sector and Symbol

Industry Fire, marine, & casualty insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:TIPT
CUSIPN/A
Phone212-446-1410

Debt

Debt-to-Equity Ratio0.79
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$581.80 million
Price / Sales0.43
Cash Flow$0.6198 per share
Price / Cash10.73
Book Value$9.22 per share
Price / Book0.72

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$4.48 million
Net Margins4.19%
Return on Equity-5.92%
Return on Assets-1.08%

Miscellaneous

Employees1,011
Outstanding Shares37,860,000

Tiptree (NASDAQ:TIPT) Frequently Asked Questions

What is Tiptree's stock symbol?

Tiptree trades on the NASDAQ under the ticker symbol "TIPT."

How often does Tiptree pay dividends? What is the dividend yield for Tiptree?

Tiptree declared a quarterly dividend on Monday, May 7th. Stockholders of record on Monday, May 21st will be paid a dividend of $0.035 per share on Tuesday, May 29th. This represents a $0.14 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Friday, May 18th. This is an increase from Tiptree's previous quarterly dividend of $0.03. View Tiptree's Dividend History.

How will Tiptree's stock buyback program work?

Tiptree declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 20th 2018, which allows the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's board believes its stock is undervalued.

How were Tiptree's earnings last quarter?

Tiptree Inc (NASDAQ:TIPT) issued its earnings results on Monday, May, 7th. The financial services provider reported ($0.15) earnings per share for the quarter. The financial services provider had revenue of $148.07 million for the quarter. Tiptree had a net margin of 4.19% and a negative return on equity of 5.92%. View Tiptree's Earnings History.

When is Tiptree's next earnings date?

Tiptree is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Tiptree.

Who are some of Tiptree's key competitors?

Who are Tiptree's key executives?

Tiptree's management team includes the folowing people:
  • Mr. Michael Gene Barnes, Exec. Chairman (Age 51)
  • Mr. Jonathan Ilany, CEO & Director (Age 65)
  • Ms. Sandra E. Bell, Chief Financial Officer (Age 60)
  • Mr. Neil Charles Rifkind, VP, Gen. Counsel & Sec. (Age 52)
  • Ms. Julia Helene Wyatt, Chief Operating Officer (Age 60)

Has Tiptree been receiving favorable news coverage?

News articles about TIPT stock have been trending somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tiptree earned a news sentiment score of 0.14 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 46.96 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Tiptree's major shareholders?

Tiptree's stock is owned by many different of retail and institutional investors. Top institutional shareholders include TCW Group Inc. (2.44%), Polar Asset Management Partners Inc. (1.26%), Ancora Advisors LLC (0.16%) and SG Americas Securities LLC (0.09%). Company insiders that own Tiptree stock include Arif Inayatullah, Group Holdings (Sbs) Advis Tpg, Jonathan Ilany, Michael Gene Barnes, Sandra Bell and Securities Co Ltd Nomura. View Institutional Ownership Trends for Tiptree.

Which major investors are buying Tiptree stock?

TIPT stock was purchased by a variety of institutional investors in the last quarter, including Polar Asset Management Partners Inc., Ancora Advisors LLC, SG Americas Securities LLC and TCW Group Inc.. Company insiders that have bought Tiptree stock in the last two years include Arif Inayatullah, Jonathan Ilany and Michael Gene Barnes. View Insider Buying and Selling for Tiptree.

How do I buy shares of Tiptree?

Shares of TIPT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tiptree's stock price today?

One share of TIPT stock can currently be purchased for approximately $6.65.

How big of a company is Tiptree?

Tiptree has a market capitalization of $249.89 million and generates $581.80 million in revenue each year. Tiptree employs 1,011 workers across the globe.

How can I contact Tiptree?

Tiptree's mailing address is 780 THIRD AVENUE 21ST FLOOR, NEW YORK NY, 10017. The financial services provider can be reached via phone at 212-446-1410 or via email at [email protected]


MarketBeat Community Rating for Tiptree (TIPT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  73 (Vote Underperform)
Total Votes:  158
MarketBeat's community ratings are surveys of what our community members think about Tiptree and other stocks. Vote "Outperform" if you believe TIPT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TIPT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/20/2018 by MarketBeat.com Staff

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