TIPT RSI Chart
Last 7 days
0.5%
Last 30 days
10.8%
Last 90 days
3.9%
Trailing 12 Months
30.7%
Historical Charts for Stock Metrics
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 |
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 DetailsDatesorted 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 | -% |
Unveiling Tiptree Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | -5.4K | 851.43 | ||||
AJG | 56.3B | 10.6B | 51.57 | 5.3 | ||||
AIG | 53.5B | 48.4B | 11.07 | 1.1 | ||||
TRV | 50.3B | 42.9B | 16.03 | 1.17 | ||||
AFL | 50.2B | 19.3B | 9.39 | 2.6 | ||||
ACGL | 37.9B | 14.4B | 7.82 | 2.63 | ||||
AFG | 11.2B | 8.0B | 12.7 | 1.4 | ||||
MID-CAP | ||||||||
UNM | 10.1B | 12.6B | 7.61 | 0.8 | ||||
AIZ | 9.1B | 11.4B | 11.93 | 0.8 | ||||
LNC | 5.1B | 11.9B | 3.81 | 0.43 | ||||
AEL | 3.9B | 3.2B | 5.55 | 1.23 | ||||
SMALL-CAP | ||||||||
BRP | 2.0B | 1.3B | -37.13 | 1.59 | ||||
AMSF | 887.3M | 308.9M | 14.38 | 2.87 | ||||
AMBC | 818.6M | 314.0M | 14.24 | 2.61 | ||||
AAME | 35.5M | 187.5M | -49.09 | 0.19 |
Tiptree Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
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 | ||||||||||||||||||||||
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 (Quarterly) | ||||||||||||||||||||||
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 |
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 |
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 |