NASDAQ:TIPT

Tiptree (TIPT) Stock Price, News & Analysis

$15.87
-0.46 (-2.82%)
(As of 04/25/2024 ET)
Today's Range
$15.85
$16.16
50-Day Range
$15.57
$17.75
52-Week Range
$12.12
$20.80
Volume
84,250 shs
Average Volume
117,148 shs
Market Capitalization
$583.38 million
P/E Ratio
49.60
Dividend Yield
1.51%
Price Target
N/A

Tiptree MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.05mentions of Tiptree in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$49,155 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.23 out of 5 stars

Finance Sector

619th out of 848 stocks

Fire, Marine, & Casualty Insurance Industry

39th out of 51 stocks

TIPT stock logo

About Tiptree Stock (NASDAQ:TIPT)

Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. It operates through two segments: Insurance and Mortgage. The company offers niche; commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance products; and personal lines insurance products, such as credit protection surrounding loan payments. It also provides auto and consumer warranty programs, including mobile devices, consumer electronics, appliances, furniture; and vehicle service contracts, GAP, and ancillary products; as well as premium or warranty contract financing services, lead generation support, and business process outsourcing services. In addition, the company offers mortgage loans for institutional investors; asset management services; and maritime shipping and asset management services, as well as invests in shares. It markets its products through a network of independent insurance agents, consumer finance companies, online retailers, auto dealers, and regional big box retailers. 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 Stock Price History

TIPT Stock News Headlines

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Tiptree Inc.
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Company Calendar

Last Earnings
2/28/2024
Ex-Dividend for 3/18 Dividend
3/08/2024
Dividend Payable
3/18/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Fire, marine, & casualty insurance
Sub-Industry
N/A
Current Symbol
NASDAQ:TIPT
Fax
N/A
Employees
1,132
Year Founded
N/A

Profitability

Net Income
$13.95 million
Pretax Margin
5.04%

Debt

Sales & Book Value

Annual Sales
$1.65 billion
Cash Flow
$1.88 per share
Book Value
$15.69 per share

Miscellaneous

Free Float
25,078,000
Market Cap
$583.38 million
Optionable
Optionable
Beta
1.19
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TIPT Stock Analysis - Frequently Asked Questions

How have TIPT shares performed in 2024?

Tiptree's stock was trading at $18.96 on January 1st, 2024. Since then, TIPT stock has decreased by 16.3% and is now trading at $15.87.
View the best growth stocks for 2024 here
.

Are investors shorting Tiptree?

Tiptree saw a drop in short interest in April. As of April 15th, there was short interest totaling 193,600 shares, a drop of 21.3% from the March 31st total of 246,000 shares. Based on an average trading volume of 113,000 shares, the short-interest ratio is presently 1.7 days. Approximately 0.9% of the shares of the company are short sold.
View Tiptree's Short Interest
.

When is Tiptree's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our TIPT earnings forecast
.

How can I listen to Tiptree's earnings call?

Tiptree will be holding an earnings conference call on Thursday, May 2nd at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745299".

How were Tiptree's earnings last quarter?

Tiptree Inc. (NASDAQ:TIPT) announced its quarterly earnings data on Wednesday, February, 28th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. The financial services provider earned $446.37 million during the quarter. Tiptree had a net margin of 0.85% and a trailing twelve-month return on equity of 11.10%.

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

Tiptree announced a quarterly dividend on Tuesday, February 27th. Stockholders of record on Monday, March 11th will be given a dividend of $0.06 per share on Monday, March 18th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, March 8th. This is an increase from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for TIPT
.

Is Tiptree a good dividend stock?

Tiptree (NASDAQ:TIPT) pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.48%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 75.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
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.

What other stocks do shareholders of Tiptree own?
Who are Tiptree's major shareholders?

Tiptree's stock is owned by a variety of institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (0.33%). Insiders that own company stock include Jonathan Ilany, Neil Charles Rifkind, Randy Maultsby and Sandra Bell.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TIPT) was last updated on 4/26/2024 by MarketBeat.com Staff

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