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

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$6.35 -0.25 (-3.79 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$6.60
Today's Range$6.20 - $6.70
52-Week Range$5.35 - $7.24
Volume263,700 shs
Average Volume52,655 shs
Market Capitalization$248 million
P/E RatioN/A
Dividend Yield2.14%
Beta-0.28
Tiptree logoTiptree 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

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

Debt

Debt-to-Equity Ratio0.91
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 / Sales0.41
Cash Flow$0.5962 per share
Price / Cash10.65
Book Value$9.22 per share
Price / Book0.69

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$4.48 million
Net Margins5.08%
Return on Equity-4.57%
Return on Assets-0.93%

Miscellaneous

Employees1,011
Outstanding Shares37,860,000
Market Cap$248 million

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 Monday, August 6th. Stockholders of record on Monday, August 20th will be paid a dividend of $0.035 per share on Monday, August 27th. This represents a $0.14 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, August 17th. 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 announced that its board has initiated a stock buyback program on Tuesday, March 20th 2018, which permits the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

How were Tiptree's earnings last quarter?

Tiptree Inc (NASDAQ:TIPT) released its quarterly earnings data on Monday, August, 6th. The financial services provider reported $0.02 earnings per share for the quarter. The financial services provider earned $152.71 million during the quarter. Tiptree had a negative return on equity of 4.57% and a net margin of 5.08%. View Tiptree's Earnings History.

When is Tiptree's next earnings date?

Tiptree is scheduled to release their next quarterly earnings announcement on Tuesday, November, 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 Esq., J.D., VP, Gen. Counsel & Sec. (Age 52)
  • Ms. Julia Helene Wyatt, Chief Operating Officer (Age 60)

Has Tiptree been receiving favorable news coverage?

News headlines about TIPT stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 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 daily sentiment score of 0.18 on Accern's scale. They also gave headlines about the financial services provider an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Tiptree.

Who are Tiptree's major shareholders?

Tiptree's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Tricadia Capital Management LLC (27.10%), Dimensional Fund Advisors LP (6.68%), Bank of America Corp DE (5.39%), BlackRock Inc. (3.67%), Nomura Holdings Inc. (2.91%) and TCW Group Inc. (2.82%). 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 Bank of America Corp DE and Nomura Holdings Inc.. View Insider Buying and Selling for Tiptree.

Which institutional investors are buying Tiptree stock?

TIPT stock was acquired by a variety of institutional investors in the last quarter, including Tricadia Capital Management LLC, BlackRock Inc., TCW Group Inc., Dimensional Fund Advisors LP, Martingale Asset Management L P, Renaissance Technologies LLC, Prospera Financial Services Inc and Northern Trust Corp. 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 $6.35.

How big of a company is Tiptree?

Tiptree has a market capitalization of $248 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 (NASDAQ TIPT)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  105 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  192
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 9/21/2018 by MarketBeat.com Staff

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