Tiptree

Tiptree, Inc. is a holding company, which engages in the provision of specialty insurance and investment management services. It operates through the following segments: Insurance, Mortgage, and Other. The Insurance segment offers specialty insurance, warranty products, and related administration services. The Mortgage segment includes residential mortgage loans which are typically sold to secondary market investors, either servicing released or servicing retained. The Other segment refers to the asset management, mortgage operations of luxury, shipping operations, and other investments. The company was founded on March 19, 2007 is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Tiptree (TIPT) reports record revenues and dividend increase in Q4 2022

Tiptree's Q4 2022 performance reflects robust revenue growth, strong operational metrics, and a focus on shareholder value enhancement.
While challenges like market alignment and strategic planning exist, opportunities in expansion, IPO considerations, and financial optimization pave the way for future growth.
Overall, Tiptree's earnings call highlights a financially sound company poised for strategic growth and value creation in the market.

Tiptree's Fortegra excels in Q1 2023, driving long-term value

Tiptree's Q1 2023 earnings call showcased Fortegra's strong financial performance and Tiptree Capital's diversified investment approach.
While facing challenges in the mortgage segment, Tiptree remains optimistic about future value creation and long-term shareholder value appreciation.
The company's emphasis on maintaining a conservative risk profile and attractive returns positions it well for sustained growth and profitability.
Overall, Tiptree's performance highlights resilience, growth potential, and a strategic focus on creating long-term shareholder value.

Tiptree (TIPT) reports strong Q2 earnings driven by Fortegra's record results

Tiptree (TIPT) delivered a solid performance in Q2 2023, driven by robust results from Fortegra and positive contributions from Tiptree Capital and Reliance.
Efforts to enhance operational efficiency, focus on long-term value creation, and strategic capital allocation underscore Tiptree's commitment to sustainable growth.
While facing challenges in a competitive market and regulatory environment, Tiptree remains well-positioned to capitalize on opportunities for expansion and profitability.
Investors should closely monitor Fortegra's growth trajectory, operational metrics, and Tiptree's overall strategic direction for insights into future performance and value creation.

Tiptree plans Fortegra IPO after strong Q3 performance

Tiptree's Q3 earnings call highlighted strong performance by Fortegra Group and positive revenue growth, despite challenges in investment management.
The focus on creating value through underwriting income, fees, and investment returns, along with plans for the Fortegra IPO, underscores a strategic approach to long-term value building.
Opportunities lie in leveraging Fortegra's growth potential, disciplined underwriting in specialty insurance markets, and optimizing investment strategies for enhanced financial outcomes.

Tiptree reports robust 2023 performance, eyes growth amid challenges

Tiptree's strong financial performance in 2023, particularly in specialty insurance, sets a solid foundation for future growth.
While facing challenges in mortgage servicing, Tiptree's well-capitalized position and revenue growth offer opportunities for strategic expansion.
Overall, Tiptree's positive outlook and market positioning indicate a promising trajectory for continued success.

Tiptree (TIPT) posts robust Q1 earnings, eyes growth opportunities

Tiptree (TIPT) reported impressive Q1 2024 earnings, driven by strong revenue growth and solid performance across its insurance and investment segments. While challenges exist, the company's strategic deployments and record results position it well for future opportunities and growth.

Tiptree (TIPT) reports robust Q2 performance, eyes growth opportunities

Tiptree's Q2 2024 performance reflects strong financial health, particularly highlighted by Fortegra's record results and overall revenue growth.
Despite challenges in the mortgage sector, Tiptree's diversified business portfolio and effective risk management strategies have supported profitability.
Looking ahead, Tiptree remains optimistic about future prospects, leveraging its current strengths to pursue growth opportunities and enhance shareholder value.

Tiptree excels in Q3 with revenue surge and underwriting strength

Tiptree and Fortegra demonstrated strong financial performance and operational resilience in Q3 2024, driven by revenue growth and underwriting discipline.
While facing tax challenges, Tiptree's strategic focus on investments and business expansion positions it well for future growth and profitability.
By capitalizing on opportunities in profitable underwriting and shareholder value enhancement, Tiptree aims to sustain its positive momentum.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tiptree, Inc. is a holding company, which engages in the provision of specialty insurance and investment management services. It operates through the following segments: Insurance, Mortgage, and Other. The Insurance segment offers specialty insurance, warranty products, and related administration services. The Mortgage segment includes residential mortgage loans which are typically sold to secondary market investors, either servicing released or servicing retained. The Other segment refers to the asset management, mortgage operations of luxury, shipping operations, and other investments. The company was founded on March 19, 2007 is headquartered in Greenwich, CT.

100% technical buy signals. 17 new highs and up 15.24% in the last month.

Tiptree: Undiscovered Strong Buy

Tiptree Inc. (NASDAQ:TIPT ) Q3 2022 Results Conference Call November 3, 2022 9:00 AM ET Company Participants Scott McKinney - Deputy CFO Michael Barnes - Executive Chairman Jonathan Ilany - CEO Sandra Bell - CFO Operator Welcome to the Tiptree Inc. Third Quarter 2022 Earnings Conference Call [Operator Instructions]. I would now like to turn the conference over to Scott McKinney, Deputy CFO.

Tiptree Inc. (TIPT) Q3 2022 Earnings Call Transcript

Tiptree is primarily the Fortegra line of insurance that is growing at a very rapid organic CAGR over the last 4 years of 22%. Its current valuation lies at less than half of what Warburg Pincus, the VC giant, paid for a 24% stake in the Fortegra business in October 2021.

Warburg Pincus Thinks Tiptree Is Worth A Lot More

Tiptree Inc. to Present and Host 1x1 Investor Meetings at the 14th Annual Southwest IDEAS Investor Conference on November 16th & 17th in Dallas, TX

There is continued excellent growth at Fortegra Insurance. Sale of remaining ships at solid gains.

Tiptree: Solid Quarter And Goodbye Ships

Tiptree Reports Third Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, November 3, 2022 at 9:00 AM ET to discuss the Company's Q3 2022 results.

Tiptree to Hold Conference Call for Q3 2022 Results on Thursday, November 3, 2022

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced that Sandra Bell will be retiring as Chief Financial Officer of Tiptree, effective March 31, 2023 (or if later, then the filing of Tiptree's 2022 Form 10-K ) (the “Transition Effective Date”).

Tiptree Announces Plan for CFO Transition

LONDON--(BUSINESS WIRE)--Fortegra UK Authorization

Fortegra Receives UK Branch Authorisation from The Prudential Regulatory Authority

JACKSONVILLE, Fla.--(BUSINESS WIRE)--The Fortegra Group, Inc. ("Fortegra"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), announced today that Rick Kahlbaugh, President and Chief Executive Officer of Fortegra, and Mike Grasher, Executive Vice President and Chief Financial Officer of Fortegra, will present at the Barclays Global Financial Services Conference in New York City on Monday, September 12, 2022. The conference will be held at the New York Hilton Midtown. The

Fortegra to Present at the Barclays Global Financial Services Conference

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”) today announced Sandra Bell, CFO and Scott McKinney, Deputy CFO, will participate in person at the Midwest IDEAS Investor Conference on Wednesday, August 24th, 2022 at The Gwen in Chicago. Tiptree's presentation will be webcasted and is scheduled to be available at 4:00 pm ET / 3:00 pm CT on August 24th. The presentation can be accessed through the investor relations section of Tiptree's website: http://www.tiptreeinc.com and on

Tiptree Inc. to Present and Host 1x1 Investor Meetings at the 13th Annual Midwest IDEAS Investor Conference on Wednesday, August 24th

Tiptree Inc. (NASDAQ:TIPT ) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Scott McKinney - Deputy Chief Financial Officer Michael Barnes - Executive Chairman Jonathan Ilany - Chief Executive Officer Sandra Bell - Chief Financial Officer Conference Call Participants Walter Schenker - MAZ Partners Chris Colvin - Breach Inlet Capital Operator Good day, and welcome to the Tiptree Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

Tiptree Inc. (TIPT) CEO Jonathan Ilany on Q2 2022 Results - Earnings Call Transcript

Fortegra is growing unearned premiums 26% and underwriting and fee revenues 21%. Underwriting margin up 19% and Combined ratio down to 90.9%.

Tiptree: Ignore The Noise, Another Great Quarter

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and six months ended June 30, 2022. Second Quarter 2022 Summary In June 2022, Tiptree closed the previously announced $200 million strategic investment in Fortegra by Warburg Pincus. As part of the closing, $113 million of Tiptree's corporate debt was repaid in full. Tiptree recognized a $63.2 million pre-tax gain in stockholders' equity from the investment in

Tiptree Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Tuesday, August 9, 2022 at 9:00 AM ET to discuss the Company's Q2 2022 results. A copy of the Q2 2022 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, please sub

Tiptree to Hold Conference Call for Q2 2022 Results on Tuesday, August 9, 2022

Warburg investment in Fortegra is closed. Company now has net cash.

Tiptree: Fortegra Deal From Warburg Closed

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced the closing of the previously announced $200 million strategic investment in its insurance subsidiary, The Fortegra Group, Inc. (“Fortegra”) from Warburg Pincus, a leading global growth investor. The investment gives Warburg Pincus an approximately 24% ownership in Fortegra on an as-converted basis. Up to $60 million of the proceeds will be used to support Fortegra's growth opportunities with the

Tiptree Announces Closing of Strategic Investment in Fortegra From Warburg Pincus LLC

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”) today announced that Randy Maultsby, President and Scott McKinney, Deputy CFO will participate in the virtual East Coast IDEAS Investor Conference on Wednesday, June 22nd, 2022. Tiptree's presentation will be webcasted and is scheduled to be available at 6:00 am ET on June 22nd. The presentation can be accessed through the investor relations section of Tiptree's website: http://www.tiptreeinc.com and on the IDEAS conference webs

Tiptree Inc. to Present Virtually and Host 1x1 Investor Meetings at the 12th Annual East Coast IDEAS Investor Conference on Wednesday, June 22nd

Tiptree Inc. (NASDAQ:TIPT ) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants Sandra Bell - Chief Financial Officer Michael Barnes - Executive Chairman Conference Call Participants Alex Vezendan - Veradace Capital Walter Schenker - MAZ Partners Operator Greetings. Welcome to the Tiptree Inc.'s First Quarter 2022 Earnings Conference Call.

Tiptree Inc. (TIPT) Management on Q1 2022 Results - Earnings Call Transcript

Fortegra top line growing 26%. Fortegra combined ratio staying in the low 90s.

Tiptree: Very Solid Operating Quarter Behind Mark-To-Market Noise

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three months ended March 31, 2022. ($ in thousands, except per share information) Q1'22   Q1'21   Total revenues $ 324,903     $ 294,688     Net income (loss) attributable to common stockholders $ (960 )   $ 28,581     Diluted earnings per share $ (0.03 )   $ 0.81     Cash dividends paid per common share $ 0.04     $ 0.04     Return on average equity   (0.9 ) %     3

Tiptree Reports First Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Friday, May 6, 2022 at 9:00 AM ET to discuss the Company's Q1 2022 results. A copy of the Q1 2022 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, please submit

Tiptree to Hold Conference Call for Q1 2022 Results on Friday, May 6, 2022

Partnership expands digitally-focused compliance and regulatory solutions within the UK automotive market Existing ITC members can continue to work with insurers and finance providers of their choice LONDON , April 5, 2022 /PRNewswire/ -- The Fortegra Group, LLC ("Fortegra"), a global specialty insurer, and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced it has completed its acquisition of ITC Compliance GRP Limited ("ITC"), the United Kingdom's largest secondary intermediary Financial Conduct Authority (FCA) Network. The acquisition further establishes Fortegra's footprint in the region and provides a wholly vertical compliance solution for the UK's automotive market.

Fortegra Acquires ITC Compliance

Tiptree Inc. (TIPT) Management on Q4 2021 Results - Earnings Call Transcript

Sum of the Parts up to $25.85 based on Warburg investment valuation in Fortegra.

News for Tiptree Stock (TIPT)