TIPT - Tiptree Inc Stock Price, Fair Value and News

17.30USD+0.05 (+0.29%)Market Closed

Market Summary

USD17.30+0.05

Market Closed

0.29%

TIPT Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

TIPT Stock Price

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TIPT RSI Chart

TIPT Valuation

Market Cap

636.4M

Price/Earnings (Trailing)

26.45

Price/Sales (Trailing)

0.36

EV/EBITDA

2.78

Price/Free Cashflow

7.83

TIPT Price/Sales (Trailing)

TIPT Profitability

EBT Margin

5.92%

Return on Equity

4.02%

Return on Assets

0.46%

Free Cashflow Yield

12.77%

TIPT Fundamentals

TIPT Revenue

Revenue (TTM)

1.8B

Rev. Growth (Yr)

30.55%

Rev. Growth (Qtr)

11.62%

TIPT Earnings

Earnings (TTM)

24.1M

Earnings Growth (Yr)

952.17%

Earnings Growth (Qtr)

31.71%

Breaking Down TIPT Revenue

Last 7 days

0.5%

Last 30 days

10.8%

Last 90 days

3.9%

Trailing 12 Months

30.7%

How does TIPT drawdown profile look like?

TIPT Financial Health

Debt/Equity

0.68

Debt/Cashflow

0.22

TIPT Investor Care

Dividend Yield

1.16%

Dividend/Share (TTM)

0.2

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

0.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.8B	0	0	0
2023	1.5B	1.5B	1.6B	1.6B
2022	1.2B	1.3B	1.3B	1.4B
2021	975.3M	1.1B	1.1B	1.2B
2020	718.5M	726.6M	761.5M	810.3M
2019	661.7M	700.0M	716.5M	772.7M
2018	583.7M	597.1M	624.9M	625.8M
2017	535.8M	557.5M	585.9M	581.8M
2016	466.2M	482.9M	479.0M	506.4M
2015	158.5M	249.7M	349.8M	438.5M
2014	37.9M	52.0M	66.2M	80.3M
2013	58.6M	47.0M	35.4M	23.7M
2012	14.9M	33.4M	51.8M	70.2M
2011	0	0	0	14.5M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Tiptree Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 04, 2024	friedman paul m	acquired	-	-	1,829	-
Apr 04, 2024	goldwasser lesley	acquired	-	-	2,195	-
Mar 05, 2024	ilany jonathan	bought	49,155	16.95	2,900	chief executive officer
Jan 09, 2024	ilany jonathan	gifted	-	-	-17,863	chief executive officer
Jan 08, 2024	rifkind neil charles	sold	-355,279	19.538	-18,184	general counsel and secretary
Jan 04, 2024	mielle dominique	acquired	-	-	1,673	-
Jan 04, 2024	goldwasser lesley	acquired	-	-	1,673	-
Jan 04, 2024	friedman paul m	acquired	-	-	1,673	-
Dec 14, 2023	rifkind neil charles	sold	-54,923	19.504	-2,816	general counsel and secretary
Oct 06, 2023	friedman paul m	acquired	-	-	1,888	-

Which funds bought or sold TIPT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	1,681,150	1,681,150	-%
May 16, 2024	Ancora Advisors LLC	added	16.67	64,607	1,084,580	0.03%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.37	-56,611	384,152	-%
May 15, 2024	STATE STREET CORP	added	3.31	-519,116	8,361,270	-%
May 15, 2024	CITADEL ADVISORS LLC	added	23.04	105,324	973,313	-%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	unchanged	-	-19,992	205,632	-%
May 15, 2024	Tower Research Capital LLC (TRC)	reduced	-94.07	-38,132	2,177	-%
May 15, 2024	MORGAN STANLEY	reduced	-5.07	-238,941	1,533,080	-%
May 15, 2024	TWO SIGMA ADVISERS, LP	reduced	-4.18	-160,944	1,109,380	-%
May 15, 2024	WOLVERINE TRADING, LLC	new	-	288,680	288,680	-%

Are Funds Buying or Selling TIPT?

Are funds buying TIPT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own TIPT

No. of Funds

Unveiling Tiptree Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2024	dimensional fund advisors lp	7.0%	2,580,337	SC 13G/A
Jan 31, 2024	blackrock inc.	5.5%	2,013,628	SC 13G
Feb 10, 2023	dimensional fund advisors lp	7.5%	2,732,156	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.8%	2,636,652	SC 13G/A
Mar 17, 2021	barnes michael gene	28.08%	9,386,343	SC 13D/A
Mar 12, 2021	barnes michael gene	28.08%	9,386,343	SC 13D/A
Feb 12, 2021	dimensional fund advisors lp	7.9%	2,672,266	SC 13G/A
Feb 11, 2021	fintan partners, llc	1.5%	517,760	SC 13G/A
Aug 10, 2020	barnes michael gene	26.46%	9,153,976	SC 13D/A
Mar 18, 2020	barnes michael gene	25.26%	8,920,649	SC 13D/A

Recent SEC filings of Tiptree Inc

View All Filings

Date Filed	Form Type	Document
May 03, 2024	8-K	Current Report
May 01, 2024	8-K	Current Report
May 01, 2024	10-Q	Quarterly Report
Apr 05, 2024	4	Insider Trading
Apr 05, 2024	4	Insider Trading
Mar 18, 2024	DEF 14A	DEF 14A
Mar 18, 2024	ARS	ARS
Mar 06, 2024	4	Insider Trading
Feb 29, 2024	4	Insider Trading
Feb 29, 2024	10-K	Annual Report

Peers (Alternatives to Tiptree Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

Tiptree Inc News

Latest updates

Tiptree Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	11.6%	498	446	417	405	382	370	363	340	325	320	287	300	295	257	224	199	130	209	189	191	184
Operating Expenses	12.5%	469	416	395	381	373	344	338	335	326	309	283	288	255	233	210	195	211	199	191	175	179
S&GA Expenses	-	11.00	-	-	-	9.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	9.9%	0.09*	0.08*	0.08*	0.08*	0.08*	0.08*	0.07*	0.06*	0.07*	0.11*	0.12*	0.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	11.0%	8.00	7.00	7.00	7.00	6.00	5.00	6.00	9.00	10.00	11.00	9.00	9.00	9.00	9.00	8.00	8.00	8.00	7.00	7.00	7.00	7.00
Income Taxes	-0.9%	14.00	14.00	12.00	12.00	5.00	19.00	5.00	27.00	-0.09	10.00	0.00	2.00	9.00	8.00	-0.84	0.00	-21.18	5.00	-0.65	4.00	1.00
Earnings Before Taxes	-1.2%	30.00	30.00	21.00	24.00	8.00	25.00	25.00	5.00	-0.95	11.00	4.00	11.00	39.00	25.00	14.00	4.00	-81.75	10.00	-1.60	16.00	5.00
EBT Margin	17.6%	0.06*	0.05*	0.05*	0.05*	0.04*	0.04*	0.03*	0.01*	0.02*	0.05*	0.07*	0.08*	-	-	-	-	-	-	-	-	-
Net Income	31.7%	9.00	7.00	2.00	6.00	-1.06	1.00	14.00	-22.41	-0.96	-0.43	2.00	8.00	29.00	14.00	13.00	4.00	-60.01	4.00	-1.46	12.00	4.00
Net Income Margin	61.1%	0.01*	0.01*	0.01*	0.01*	-0.01*	-0.01*	-0.01*	-0.02*	0.01*	0.03*	0.05*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	361.9%	62.00	-23.64	56.00	-13.31	38.00	57.00	114	133	149	18.00	40.00	117	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	5,190	5,139	4,827	4,634	4,308	4,040	3,994	3,733	3,600	3,599	3,378	3,212	3,049	2,996	327	327	327	327	2,056	1,920	1,815
Cash Equivalents	28.6%	603	469	515	372	412	538	514	351	198	176	172	178	177	195	182	158	154	145	154	189	101
Goodwill	-0.1%	206	206	205	206	207	187	186	187	179	179	179	179	179	179	60.00	60.00	60.00	99.00	99.00	92.00	92.00
Liabilities	0.6%	4,591	4,563	4,284	4,088	3,766	3,506	3,475	3,207	3,217	3,199	2,976	2,807	2,651	2,622	276	276	276	276	1,649	1,513	1,420
Long Term Debt	0.8%	406	402	324	361	347	259	266	262	391	393	375	382	394	366	398	402	433	374	329	297	283
Shareholder's Equity	43.6%	599	417	396	546	542	397	520	525	383	400	402	405	397	374	362	347	344	411	407	407	395
Retained Earnings	11.3%	67.00	61.00	56.00	55.00	51.00	54.00	55.00	42.00	66.00	68.00	70.00	69.00	63.00	35.00	23.00	11.00	9.00	70.00	67.00	70.00	60.00
Additional Paid-In Capital	0.8%	385	382	381	380	383	383	380	379	324	317	314	315	313	315	320	319	323	326	325	324	323
Shares Outstanding	0.1%	37.00	37.00	37.00	37.00	37.00	36.00	35.00	35.00	34.00	33.00	34.00	33.00	-	-	-	-	-	-	-	-	-
Minority Interest	8.9%	174	160	147	144	141	136	132	135	17.00	17.00	17.00	18.00	19.00	17.00	14.00	11.00	10.00	13.00	13.00	11.00	11.00
Float	-	-	-	-	368	-	-	-	219	-	-	-	227	-	-	-	161	-	166	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	383.5%	62,704	-22,114	57,198	-6,678	43,046	62,216	116,344	135,446	149,067	18,277	40,436	118,273	27,330	71,954	7,900	35,103	25,212	4,316	17,585	10,001	-8,160
Share Based Compensation	65.7%	3,845	2,320	1,861	1,880	2,214	1,794	1,696	45.00	6,170	7,413	1,504	1,148	1,065	1,959	2,489	2,053	1,616	1,851	1,514	1,590	1,408
Cashflow From Investing	140.5%	40,469	-99,948	127,872	-25,070	-247,523	-19,344	52,469	-4,879	-18,732	-72,468	-75,417	-83,510	-42,364	-58,061	-29,361	11,237	-47,306	-76,011	-88,577	61,595	94,666
Cashflow From Financing	-89.2%	7,977	73,801	-41,270	2,573	78,302	-10,862	-2,653	23,032	-124,703	74,234	34,533	-34,402	-630	-1,514	47,022	-43,420	29,661	64,693	36,768	17,447	-81,980
Dividend Payments	10.8%	3,820	3,447	3,427	3,411	3,446	3,070	1,891	1,416	1,398	1,389	1,360	1,334	1,326	1,367	1,386	1,398	1,415	1,423	1,418	2,661	-
Buy Backs	-	-	-	-	-	-	73.00	718	936	-	5,263	-	432	2,450	4,724	665	4,555	3,945	-	-	-	9,085

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TIPT Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Earned premiums, net	$ 347,310	$ 265,330
Service and administrative fees	110,487	92,032
Ceding commissions	2,744	3,645
Net investment income	6,758	5,109
Net realized and unrealized gains (losses)	15,624	2,177
Other revenue	15,298	13,332
Total revenues	498,221	381,625
Expenses:
Policy and contract benefits	207,664	141,675
Commission expense	156,948	146,450
Employee compensation and benefits	49,186	40,798
Interest expense	8,290	6,465
Depreciation and amortization	5,568	5,253
Other expenses	40,866	32,811
Total expenses	468,522	373,452
Income (loss) before taxes	29,699	8,173
Less: provision (benefit) for income taxes	13,818	5,022
Net income (loss)	15,881	3,151
Less: net income (loss) attributable to non-controlling interests	6,831	4,213
Net income (loss) attributable to common stockholders	$ 9,050	$ (1,062)
Net income (loss) per common share:
Basic earnings per share (in dollars per share)	$ 0.24	$ (0.03)
Diluted earnings per share (in dollars per share)	$ 0.22	$ (0.03)
Weighted average number of common shares:
Basic (in shares)	36,769,810	36,522,946
Diluted (in shares)	37,779,412	36,522,946
Dividends declared per common share (in dollars per share)	$ 0.06	$ 0.05

TIPT Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments:
Available for sale securities, at fair value, net of allowance for credit losses	$ 781,196	$ 802,609
Loans, at fair value	69,039	69,556
Equity securities	58,414	68,308
Other investments	90,989	111,088
Total investments	999,638	1,051,561
Cash and cash equivalents	474,555	468,711
Restricted cash	128,402	23,850
Notes and accounts receivable, net	722,017	684,608
Reinsurance recoverable	911,048	953,886
Prepaid reinsurance premiums	907,758	900,524
Deferred acquisition costs	564,873	565,746
Goodwill	205,928	206,155
Intangible assets, net	114,540	118,757
Other assets	161,180	165,515
Total assets	5,189,939	5,139,313
Liabilities:
Debt, net	405,756	402,411
Unearned premiums	1,659,650	1,695,058
Policy liabilities and unpaid claims	962,419	844,848
Deferred revenue	672,360	673,085
Reinsurance payable	539,349	543,602
Other liabilities and accrued expenses	351,767	403,744
Total liabilities	4,591,301	4,562,748
Stockholders’ Equity:
Preferred stock: $0.001 par value, 100,000,000 shares authorized, none issued or outstanding	0	0
Common stock: $0.001 par value, 200,000,000 shares authorized, 36,781,281 and 36,756,187 shares issued and outstanding, respectively	37	37
Additional paid-in capital	385,138	382,239
Accumulated other comprehensive income (loss), net of tax	(27,928)	(26,073)
Retained earnings	67,488	60,663
Total Tiptree Inc. stockholders’ equity	424,735	416,866
Total non-controlling interests	173,903	159,699
Total stockholders’ equity	598,638	576,565
Total liabilities and stockholders’ equity	5,189,939	5,139,313
Fortegra preferred interests
Stockholders’ Equity:
Total non-controlling interests	77,679	77,679
Common interests
Stockholders’ Equity:
Total non-controlling interests	$ 96,224	$ 82,020

About Tiptree Inc

Tiptree Inc., through its subsidiaries, provides specialty insurance products and related services primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche; commercial lines insurance products, including professional liability, contractual liability, energy, allied health, general liability, directors' and officers' liability, life sciences, inland marine, contractors' equipment, contractors' liability, student legal liability, hospitality, and business owner insurance products; and personal lines insurance products, such as storage unit contents, manufactured housing, GAP, auto, credit life and disability, and collateral insurance products. The company also provides warranty insurance products covering losses on automobiles, mobile devices, consumer electronics, appliances, furniture, vehicle service contracts, roadside assistance and motor clubs, GAP, automobile dent and ding repair, key replacement, cellular handset protection, and service contracts on other consumer goods, as well as premium finance services, lead generation support, insurance sales, and business process outsourcing. In addition, it offers mortgage loans for institutional investors; asset management services; and maritime shipping services, as well as invests in shares. The company 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 founded in 1978 and is headquartered in Greenwich, Connecticut.

CEO	Mr. Jonathan Ilany
WEBSITE	tiptreeinc.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	1304

Tiptree Inc Frequently Asked Questions

What is the ticker symbol for Tiptree Inc? What does TIPT stand for in stocks?

TIPT is the stock ticker symbol of Tiptree Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Tiptree Inc (TIPT)?

As of Fri May 17 2024, market cap of Tiptree Inc is 636.39 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TIPT stock?

You can check TIPT's fair value in chart for subscribers.

What is the fair value of TIPT stock?

You can check TIPT's fair value in chart for subscribers. The fair value of Tiptree Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Tiptree Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TIPT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Tiptree Inc a good stock to buy?

The fair value guage provides a quick view whether TIPT is over valued or under valued. Whether Tiptree Inc is cheap or expensive depends on the assumptions which impact Tiptree Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TIPT.

What is Tiptree Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, TIPT's PE ratio (Price to Earnings) is 26.45 and Price to Sales (PS) ratio is 0.36. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TIPT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Tiptree Inc's stock?

In the past 10 years, Tiptree Inc has provided 0.09 (multiply by 100 for percentage) rate of return.