NASDAQ:TIPT - Tiptree Stock Price, News, & Analysis

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$6.28 -0.01 (-0.16 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$6.29
Today's Range$6.28 - $6.40
52-Week Range$5.01 - $7.10
Volume87,725 shs
Average Volume24,572 shs
Market Capitalization$225.70 million
P/E RatioN/A
Dividend Yield2.23%
Beta0.09
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
Current SymbolNASDAQ:TIPT
CUSIPN/A
Phone212-446-1410

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$625.83 million
Book Value$11.11 per share

Profitability

Net Income$23.93 million

Miscellaneous

Employees918
Market Cap$225.70 million
Next Earnings Date5/6/2019 (Estimated)
OptionableNot Optionable

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 announced a quarterly dividend on Thursday, March 14th. Investors of record on Monday, March 25th will be paid a dividend of $0.035 per share on Monday, April 1st. This represents a $0.14 annualized dividend and a dividend yield of 2.23%. The ex-dividend date is Friday, March 22nd. View Tiptree's Dividend History.

How will Tiptree's stock buyback program work?

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

When is Tiptree's next earnings date?

Tiptree is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Tiptree.

Has Tiptree been receiving favorable news coverage?

Press coverage about TIPT stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tiptree earned a news sentiment score of 1.0 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are some of Tiptree's key competitors?

What other stocks do shareholders of Tiptree own?

Who are Tiptree's key executives?

Tiptree's management team includes the folowing people:
  • Mr. Michael Gene Barnes, Exec. Chairman (Age 52)
  • Mr. Jonathan Ilany, CEO & Director (Age 66)
  • Ms. Sandra E. Bell, Chief Financial Officer (Age 61)
  • Mr. Neil Charles Rifkind Esq., J.D., VP, Gen. Counsel & Sec. (Age 53)
  • Ms. Julia Helene Wyatt, Chief Operating Officer (Age 61)

Who are Tiptree's major shareholders?

Tiptree's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.44%), Dimensional Fund Advisors LP (7.44%), Bank of America Corp DE (5.29%), BlackRock Inc. (4.19%), Wexford Capital LP (2.43%) and Geode Capital Management LLC (0.77%). Company insiders that own Tiptree stock include Arif Inayatullah, Jonathan Ilany, Michael Gene Barnes and Sandra Bell. View Institutional Ownership Trends for Tiptree.

Which institutional investors are selling Tiptree stock?

TIPT stock was sold by a variety of institutional investors in the last quarter, including Wexford Capital LP, Jane Street Group LLC, BlackRock Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Tiptree.

Which institutional investors are buying Tiptree stock?

TIPT stock was bought by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Rhumbline Advisers, Geode Capital Management LLC, Geode Capital Management LLC and Bank of America Corp DE. 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 $6.28.

How big of a company is Tiptree?

Tiptree has a market capitalization of $225.70 million and generates $625.83 million in revenue each year. Tiptree employs 918 workers across the globe.

What is Tiptree's official website?

The official website for Tiptree is http://www.tiptreeinc.com.

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 (NASDAQ TIPT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  114 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  225
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 3/21/2019 by MarketBeat.com Staff

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