Financial Services -
Insurance - Specialty - NASDAQ - US
$ 22.31
0.631 %
$ 837 M
Market Cap
18.44
P/E
1. INTRINSIC VALUE
Balance Sheet
Tiptree Inc.
| Current Assets | 2.23 B |
| Cash & Short-Term Investments | 1.43 B |
| Receivables | 799 M |
| Other Current Assets | 0 |
| Non-Current Assets | 310 M |
| Long-Term Investments | 243 M |
| PP&E | 0 |
| Other Non-Current Assets | 66.5 M |
| Current Liabilities | 1.53 B |
| Accounts Payable | 529 M |
| Short-Term Debt | 63.7 M |
| Other Current Liabilities | 940 M |
| Non-Current Liabilities | 4.34 B |
| Long-Term Debt | 36.6 M |
| Other Non-Current Liabilities | 4.31 B |
EFFICIENCY
Earnings Waterfall
Tiptree Inc.
| Revenue | 2.04 B |
| Cost Of Revenue | 204 M |
| Gross Profit | 1.84 B |
| Operating Expenses | 1.89 B |
| Operating Income | 185 M |
| Other Expenses | 97.1 M |
| Net Income | 87.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Tiptree Inc.
| Net Income | 87.7 M |
| Depreciation & Amortization | 21.7 M |
| Capital Expenditures | -4.03 M |
| Stock-Based Compensation | 17.7 M |
| Change in Working Capital | 0 |
| Others | -520 M |
| Free Cash Flow | 237 M |
Wall Street Analysts Price Targets
Tiptree Inc.
TIPT has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
0.43%
DIVIDEND YIELD
0.06 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Tiptree Inc.
Sold
0-3 MONTHS
416 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Tiptree: Ignore The Noise And Focus On The Profits
Fortegra delivered strong Q1 results with 13% premium growth, 18% adjusted net income growth, and a highly profitable 89.9% combined ratio. Deliberate reduction in low-ROAE services supports focus on core insurance, with premium growth outpacing comps despite industry headwinds from wildfires. Tiptree's $1.5B+ float yields 4.1%, generating significant carry and supporting robust earnings power for the next several years.
seekingalpha.com
- 1 month ago
Tiptree Announces First Quarter 2025 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the first quarter 2025. The Company commented, “We are extremely pleased with the strong first quarter results, headlined by a 20% adjusted return on average equity. Fortegra achieved 13.5% growth in premium and premium equivalents, while delivering a combined ratio of 89.9%, despite substantial industry-wide catastrophic losses during the quarter. Our pipeline o.
businesswire.com
- 1 month ago
Tiptree: Amazing Quarter. Market Starting To Notice
Tiptree's Q4 earnings far exceeded expectations with net income of $0.47/share, driven by Fortegra's impressive performance and profitability growth of over 35% year-over-year. Fortegra's robust metrics and a favorable interest rate environment suggest potential net income of $200 million for 2025, valuing TIPT shares significantly higher. Despite past concerns about geographic risks, Tiptree's diverse portfolio and strong management mitigate these, ensuring stable premium environments and profitability.
seekingalpha.com
- 3 months ago
Tiptree Announces Fourth Quarter 2024 Results
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three months and year ended December 31, 2024. Three Months Ended December 31, Year Ended December 31, ($ in thousands, except per share information) 2024 2023 2024 2023 Total revenues $ 503,599 $ 446,374 $ 2,042,854 $ 1,649,031 Net income (loss) attributable to common stockholders $ 19,553 $ 6,871 $ 53,367 .
businesswire.com
- 3 months ago
Fortegra Secures Licence, Launches New UK Subsidiary
LONDON , Dec. 4, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or "the Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that it has received approval to establish Fortegra Insurance Company UK. The Prudential Regulation Authority (PRA) has granted Fortegra approval to establish its subsidiary in the United Kingdom, effective November 29, 2024.
prnewswire.com
- 6 months ago
Tiptree Announces Declaration of a Special Dividend
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”), today announced that its board of directors (the “Board”) has approved the declaration and distribution of a special cash dividend (the “Special Dividend”) of $0.25 per share of Tiptree Inc. Common Stock. The Special Dividend is payable on December 19, 2024, to holders of record on December 11, 2024. This Special Dividend is in addition to the Company's regular quarterly cash dividend of $0.06 per share most recently.
businesswire.com
- 6 months ago
Fortegra Secures $150 Million in Capital to Support Growth
Junior subordinated notes issuance comes in anticipation of growing Fortegra's operations JACKSONVILLE, Fla. , Nov. 8, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ:TIPT), today announced the successful completion of $150 million of 9.25% Fixed Rate Resetting Junior Subordinated Notes due 2064 (the "Notes").
prnewswire.com
- 7 months ago
Tiptree Inc. (TIPT) Q3 2024 Earnings Call Transcript
Tiptree Inc. (NASDAQ:TIPT ) Q3 2024 Earnings Conference Call October 31, 2024 10:30 AM ET Company Participants Scott McKinney – Chief Financial Officer Michael Barnes – Executive Chairman Conference Call Participants Operator Ladies and gentlemen, greetings, and welcome to the Tiptree Inc. Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.
seekingalpha.com
- 7 months ago
Tiptree: Fortegra On Fire
Net written premiums growing over 15% at Fortegra. Fortegra earnings likely to exceed $150 million this year. Flow through to Tiptree can easily lead to a double in the stock.
seekingalpha.com
- 7 months ago
Richard Mangion Appointed CFO of Fortegra Europe
JACKSONVILLE, Fla. , Oct. 24, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the appointment of Richard Mangion as Chief Financial Officer of Fortegra's UK and European business.
prnewswire.com
- 7 months ago
Tiptree to Hold Conference Call for Q3 2024 Results on Thursday, October 31, 2024
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, October 31, 2024 at 10:30 AM ET to discuss the Company's Q3 2024 results. A copy of the Q3 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call.
businesswire.com
- 7 months ago
Tiptree Inc. (TIPT) Q2 2024 Earnings Call Transcript
Tiptree Inc. (NASDAQ:TIPT ) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Scott McKinney - CFO Michael Barnes - Executive Chairman Conference Call Participants Operator Greetings, and welcome to Tiptree Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.
seekingalpha.com
- 10 months ago
8. Profile
Summary
Tiptree Inc. TIPT
COUNTRY
US
INDUSTRY
Insurance - Specialty
MARKET CAP
$ 837 M
Dividend Yield
0.43%
Description
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance, credit insurance and collateral protection products, and warranty and service contract products and solutions, as well as premium finance services. The company also offers mortgage loans for institutional investors; and maritime shipping services, as well as invests in shares. It 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 incorporated in 2007 and is based in New York, New York.
Contact
299 Park Avenue, Greenwich, NY, 10171
https://www.tiptreeinc.com
IPO
Date
Oct. 15, 2010
Employees
1496
Officers
Ms. Julia Helene Wyatt
Chief Operating Officer
Mr. Scott T. McKinney
Chief Financial Officer
Mr. Neil Charles Rifkind Esq., J.D.
Vice President, General Counsel & Secretary
Mr. Michael Gene Barnes
Executive Chairman of the Board
Mr. Jonathan Ilany
Chief Executive Officer & Director
Mr. Randy S. Maultsby
President & Director