View Future GrowthTiptree 過去の業績過去 基準チェック /06Tiptreeの収益は年間平均-53.5%の割合で減少していますが、 Insurance業界の収益は年間 増加しています。収益は年間14.6% 29.7%割合で 減少しています。主要情報-53.50%収益成長率-54.29%EPS成長率Insurance 業界の成長8.02%収益成長率-29.66%株主資本利益率-4.84%ネット・マージン1,501.40%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: US$0.17 (vs US$0.32 in 3Q 2024)Third quarter 2025 results: EPS: US$0.17 (down from US$0.32 in 3Q 2024). Revenue: US$540.3m (up 9.3% from 3Q 2024). Net income: US$6.38m (down 46% from 3Q 2024). Profit margin: 1.2% (down from 2.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: US$0.51 (vs US$0.35 in 2Q 2024)Second quarter 2025 results: EPS: US$0.51 (up from US$0.35 in 2Q 2024). Revenue: US$528.8m (down 3.3% from 2Q 2024). Net income: US$19.0m (up 49% from 2Q 2024). Profit margin: 3.6% (up from 2.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 01First quarter 2025 earnings released: EPS: US$0.15 (vs US$0.24 in 1Q 2024)First quarter 2025 results: EPS: US$0.15 (down from US$0.24 in 1Q 2024). Revenue: US$497.4m (flat on 1Q 2024). Net income: US$5.64m (down 37% from 1Q 2024). Profit margin: 1.1% (down from 1.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.058 in 3Q 2023)Third quarter 2024 results: EPS: US$0.32 (up from US$0.058 in 3Q 2023). Revenue: US$494.4m (up 19% from 3Q 2023). Net income: US$11.9m (up 457% from 3Q 2023). Profit margin: 2.4% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.35 (vs US$0.16 in 2Q 2023)Second quarter 2024 results: EPS: US$0.35 (up from US$0.16 in 2Q 2023). Revenue: US$546.7m (up 35% from 2Q 2023). Net income: US$12.9m (up 116% from 2Q 2023). Profit margin: 2.4% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.25 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.25 (up from US$0.029 loss in 1Q 2023). Revenue: US$498.2m (up 31% from 1Q 2023). Net income: US$9.05m (up US$10.1m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.すべての更新を表示Recent updatesDeclared Dividend • May 06First quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 18th May 2026 Payment date: 26th May 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.お知らせ • May 03Tiptree Inc. Declares Dividend, Payable on May 26, 2026Tiptree Inc. declared a dividend of $0.06 per share to stockholders of record on May 18, 2026 with a payment date of May 26, 2026.お知らせ • Mar 17Tiptree Inc., Annual General Meeting, Apr 28, 2026Tiptree Inc., Annual General Meeting, Apr 28, 2026.New Risk • Mar 10New major risk - Revenue and earnings growthEarnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Paying a dividend despite being loss-making.Declared Dividend • Mar 09Third quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 16th March 2026 Payment date: 23rd March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Mar 07Tiptree Inc. Declares Dividend, Payable on March 23, 2026Tiptree Inc. declared a dividend of $0.06 per share to stockholders of record on March 16, 2026 with a payment date of March 23, 2026.Recent Insider Transactions Derivative • Feb 24Chief Financial Officer exercised options and sold US$88k worth of stockOn the 20th of February, Scott McKinney exercised options to acquire 5k shares at no cost and sold these for an average price of US$17.06 per share. This trade did not impact their existing holding. Since March 2025, Scott's direct individual holding has increased from 90.14k shares to 100.11k. Company insiders have collectively sold US$2.8m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Dec 19+ 1 more updateTiptree Inc Announces Changes in Board, Effective January 1, 2026Tiptree Inc.appointed its Chief Executive Officer, Jonathan Ilany, non-executive Vice Chairman of the board of directors of the Company (the “Board”), effective January 1, 2026. In connection with this appointment, effective January 1, 2026 Mr. Ilany will transition from his current role as Chief Executive Officer and Michael Barnes, Executive Chairman of the Company, will serve as the Company’s Chief Executive Officer. Following such transition, Mr. Ilany will provide consulting and advisory services to the Company to assist with the transition of his duties and responsibilities for one year beginning January 1, 2026 (the “Advisory Period”) pursuant to an advisor agreement entered into between the Company and Mr. Ilany dated December 16, 2025 (the “Advisor Agreement”). Mr. Ilany will remain employed as Chief Executive Officer through December 31, 2025.お知らせ • Dec 06Tiptree Inc. Announces Executive Changes, Effective December 5, 2025On December 5, 2025, Tiptree Inc. announced that in connection with downsizing its legal department, Tiptree has separated from Neil Rifkind as Vice President, General Counsel and Secretary of Tiptree, effective immediately. Tiptree and Mr. Rifkind entered into a Separation Agreement dated as of December 5, 2025. On December 5, 2025, the Board of Directors (the “Board”) of Tiptree appointed Siew Kwok as General Counsel, Chief Compliance Officer and Secretary of Tiptree, effective immediately. Mr. Kwok will succeed Mr. Rifkind. Mr. Kwok was previously Deputy General Counsel & Chief Compliance Officer having first started as Assistant General Counsel when he joined Tiptree in 2014. Prior to joining Tiptree, Mr. Kwok worked as a corporate associate at Davis Polk & Wardwell, LLP. Mr. Kwok received his B.A. from Fordham University and his J.D. from Stanford Law School.お知らせ • Dec 02Veradace Partners Provides Information to Shareholders of TiptreeOn December 1, 2025, Veradace Partners L P announced that it opposes the proposed sale of Fortegra Group to DB Insurance, at the special meeting of shareholders scheduled for December 3, 2025. In addition, Veradace Partners stated that the Company board rushed the deal and excluded private equity bidders, only 19 potential buyers contacted; IPO option dismissed prematurely, non-solicitation agreement blocked alternative proposals and stated that the sale price is hundreds of millions below fair value, Fortegra valued at 8.0x earnings, while peers trade at 12.5x, Fortegra’s capitalization is projected to increase 120% by 2029, no immediate need for extra capital; plenty of time to re-run sale process. Furter, Veradace Partners stated that the Company stock fell ~23% after announcement, alternatively, Veradace Partners suggested to re-engage private equity sponsors, pursue a backstopped IPO of Fortegra, explore sale of entire Company, not just Fortegra.お知らせ • Nov 14+ 1 more updateVeradace Partners Files an Exempt Solicitation Statement with Securities and Exchange CommissionOn November 14, 2025, Veradace Partners L P announced that it has filed an exempt solicitation statement with Securities and Exchange Commission, issued a presentation stating why it is opposing the proposed sale of Fortegra Group, believes the Fortegra sale undervaluing, rewards management over shareholders, and ignores many professional alternatives. In addition, Veradace Partners urged the Tiptree Inc shareholders to vote against the Company’s proposed sale of The Fortegra Group Inc to DB Insurance Co Ltd, at the Company’s Special Meeting of Stockholders scheduled to be held on December 3, 2025.Recent Insider Transactions • Nov 12Independent Director recently bought US$101k worth of stockOn the 7th of November, Dominique Mielle bought around 6k shares on-market at roughly US$18.29 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$315k more in shares than they bought in the last 12 months.お知らせ • Nov 10Veradace Partners Issues on Open Letter to Shareholders of TiptreeOn November 10, 2025, Veradace Partners L P stating that it has sent an open letter to shareholders of Tiptree Inc, opposes the proposed sale of Fortegra, arguing it is unfairly structured and undervalued, the deal is an asset sale, not a full company sale, which is tax-inefficient and appears designed to give Company management control over nearly $1 billion in shareholder funds, despite Fortegra being valued at $28.75 per share, shareholders are not guaranteed any direct payout, Company’s share price has dropped 23% since the announcement. In addition, Veradace mentioned Company’s history of poor capital allocation and conflicted incentives, executive compensation and related-party payments have consistently extracted value from shareholders, non-Fortegra assets have declined in value significantly, it believes Fortegra deserves a premium valuation and is the core value driver of the Company. Further, Veradace urged the Company shareholders to vote against the transaction, suggests DB Insurance should acquire Tiptree directly to ensure fair value distribution to shareholders, promises to release further analysis and encourages shareholders to reach out for more information.分析記事 • Nov 03Tiptree (NASDAQ:TIPT) Has Affirmed Its Dividend Of $0.06The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of $0.06 per share on the 24th of...Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 17th November 2025 Payment date: 24th November 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: US$0.17 (vs US$0.32 in 3Q 2024)Third quarter 2025 results: EPS: US$0.17 (down from US$0.32 in 3Q 2024). Revenue: US$540.3m (up 9.3% from 3Q 2024). Net income: US$6.38m (down 46% from 3Q 2024). Profit margin: 1.2% (down from 2.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 31Tiptree Inc. Declares Quarterly Dividend, Payable on November 24, 2025Tiptree Inc. Declared a dividend of $0.06 per share to stockholders of record on November 17, 2025 with a payment date of November 24, 2025.分析記事 • Oct 12Why Investors Shouldn't Be Surprised By Tiptree Inc.'s (NASDAQ:TIPT) 31% Share Price PlungeTiptree Inc. ( NASDAQ:TIPT ) shareholders won't be pleased to see that the share price has had a very rough month...Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$19.05, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Insurance industry in the US. Total returns to shareholders of 86% over the past three years.Recent Insider Transactions Derivative • Sep 14Executive Chairman of the Board exercised options and sold US$777k worth of stockOn the 12th of September, Michael Barnes exercised 163.16k options at around US$5.67, then sold 41k of the shares acquired at an average of US$24.78 per share and kept the remainder. Since December 2024, Michael's direct individual holding has increased from 9.90m shares to 9.96m. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions Derivative • Sep 08CEO & Director exercised options to buy US$3.1m worth of stock.On the 2nd of September, Jonathan Ilany exercised 150.74k options at around US$5.67, then sold 13.70k of them at US$23.36 each and kept the remainder. Since December 2024, Jonathan's direct individual holding has decreased from 1.56m shares to 338.93k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.Declared Dividend • Aug 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 18th August 2025 Payment date: 25th August 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 01Tiptree Inc. announces Quarterly dividend, payable on August 25, 2025Tiptree Inc. announced Quarterly dividend of USD 0.0600 per share payable on August 25, 2025, ex-date on August 18, 2025 and record date on August 18, 2025.Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: US$0.51 (vs US$0.35 in 2Q 2024)Second quarter 2025 results: EPS: US$0.51 (up from US$0.35 in 2Q 2024). Revenue: US$528.8m (down 3.3% from 2Q 2024). Net income: US$19.0m (up 49% from 2Q 2024). Profit margin: 3.6% (up from 2.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.分析記事 • Jun 28Cautious Investors Not Rewarding Tiptree Inc.'s (NASDAQ:TIPT) Performance CompletelyIt's not a stretch to say that Tiptree Inc.'s ( NASDAQ:TIPT ) price-to-earnings (or "P/E") ratio of 18.7x right now...Declared Dividend • May 04Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 12th May 2025 Payment date: 19th May 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 01First quarter 2025 earnings released: EPS: US$0.15 (vs US$0.24 in 1Q 2024)First quarter 2025 results: EPS: US$0.15 (down from US$0.24 in 1Q 2024). Revenue: US$497.4m (flat on 1Q 2024). Net income: US$5.64m (down 37% from 1Q 2024). Profit margin: 1.1% (down from 1.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Tiptree Inc. Declares Quarterly Dividend, Payable on May 19, 2025Tiptree Inc. declared a quarterly dividend of $0.06 per share to stockholders of record on May 12, 2025 with a payment date of May 19, 2025.お知らせ • Apr 11Tiptree Inc., Annual General Meeting, Apr 29, 2025Tiptree Inc., Annual General Meeting, Apr 29, 2025.Recent Insider Transactions • Mar 27VP, General Counsel & Secretary recently sold US$416k worth of stockOn the 25th of March, Neil Rifkind sold around 17k shares on-market at roughly US$25.00 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$389k more than they bought in the last 12 months.分析記事 • Mar 26Earnings Not Telling The Story For Tiptree Inc. (NASDAQ:TIPT) After Shares Rise 27%Tiptree Inc. ( NASDAQ:TIPT ) shareholders would be excited to see that the share price has had a great month, posting a...Declared Dividend • Mar 02Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 10th March 2025 Payment date: 17th March 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Recent Insider Transactions Derivative • Feb 27VP, General Counsel & Secretary exercised options and sold US$221k worth of stockOn the 24th of February, Neil Rifkind exercised options to acquire 11k shares at no cost and sold these for an average price of US$19.90 per share. This trade did not impact their existing holding. Since March 2024, Neil has owned 18.67k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.お知らせ • Feb 27Tiptree Inc. Declares A Dividend, Payable on March 17, 2025Tiptree Inc. Declared a dividend of $0.06 per share to stockholders of record on March 10, 2025 with a payment date of March 17, 2025.お知らせ • Dec 02Tiptree Announces Declaration of A Special Dividend, Payable on December 19, 2024Tiptree Inc. 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 paid on November 25, 2024.Declared Dividend • Nov 03Third quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 18th November 2024 Payment date: 25th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 10% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.058 in 3Q 2023)Third quarter 2024 results: EPS: US$0.32 (up from US$0.058 in 3Q 2023). Revenue: US$494.4m (up 19% from 3Q 2023). Net income: US$11.9m (up 457% from 3Q 2023). Profit margin: 2.4% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.Recent Insider Transactions Derivative • Oct 23Chief Financial Officer exercised options and sold US$482k worth of stockOn the 18th of October, Scott McKinney exercised options to acquire 23k shares at no cost and sold these for an average price of US$20.95 per share. This trade did not impact their existing holding. Since March 2024, Scott has owned 55.36k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Oct 17Some Shareholders Feeling Restless Over Tiptree Inc.'s (NASDAQ:TIPT) P/E RatioTiptree Inc.'s ( NASDAQ:TIPT ) price-to-earnings (or "P/E") ratio of 24.7x might make it look like a sell right now...Recent Insider Transactions Derivative • Oct 15President & Director exercised options and sold US$590k worth of stockOn the 9th of October, Randy Maultsby exercised options to acquire 31k shares at no cost and sold these for an average price of US$19.11 per share. This trade did not impact their existing holding. Since March 2024, Randy's direct individual holding has increased from 11.47k shares to 47.24k. Company insiders have collectively sold US$924k more than they bought, via options and on-market transactions in the last 12 months.分析記事 • Aug 04Tiptree (NASDAQ:TIPT) Has Announced A Dividend Of $0.06The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of $0.06 per share on the 26th of...Declared Dividend • Aug 04Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 19th August 2024 Payment date: 26th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.35 (vs US$0.16 in 2Q 2023)Second quarter 2024 results: EPS: US$0.35 (up from US$0.16 in 2Q 2023). Revenue: US$546.7m (up 35% from 2Q 2023). Net income: US$12.9m (up 116% from 2Q 2023). Profit margin: 2.4% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Seeking Alpha • Aug 01Tiptree: Beautiful Quarter And Numbers Getting CleanerSummary Tiptree reported strong non-adjusted earnings of $.31, annualizing to $1.24, demonstrating cheap stock valuation. Fortegra continues to show impressive revenue growth and high ROE, leading to adjusted net income of $40.3 million. Adjusted EPS of $.57 annualizes to $2.28/share, suggesting potential for a stock price of over $45, with the main risk being a drop in Fortegra's growth. Read the full article on Seeking AlphaDeclared Dividend • May 05First quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 17th May 2024 Payment date: 28th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.25 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.25 (up from US$0.029 loss in 1Q 2023). Revenue: US$498.2m (up 31% from 1Q 2023). Net income: US$9.05m (up US$10.1m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.お知らせ • May 02Tiptree Inc. Declares Dividend, Payable on May 28, 2024Tiptree Inc. announced that it has declared a dividend of $0.06 per share to stockholders of record on May 20, 2024 with a payment date of May 28, 2024.お知らせ • Apr 20Tiptree Inc. to Report Q1, 2024 Results on May 02, 2024Tiptree Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 02, 2024お知らせ • Mar 30Adlai Chester entered into a definitive share purchase agreement to acquire an additional 30.2% stake in Invesque Inc. (TSX:IVQ) from Tiptree Inc. (NasdaqCM:TIPT) for CAD 0.85 million.Adlai Chester entered into a definitive share purchase agreement to acquire an additional 30.2% stake in Invesque Inc. (TSX:IVQ) from Tiptree Inc. (NasdaqCM:TIPT) for CAD 0.85 million on March 29, 2024. Under the agreement, certain of the subsidiaries of Tiptree Inc. will dispose of an aggregate of 16,982,283 common shares of Invesque Inc for CAD 0.049868 per common share, in a private sale to Adlai Chester, Chief Financial Officer of Invesque. Following the acquisition, Tiptree will no longer own or control any shares in Invesque Inc. Adlai Chester, who currently owns 212,907 common shares of Invesque, will own 17,195,190 common shares, representing approximately 30.59% of the outstanding common shares of Invesque. The acquisition remains subject to customary closing conditions and is expected to be completed on or before April 30, 2024.お知らせ • Mar 19Tiptree Inc., Annual General Meeting, Apr 30, 2024Tiptree Inc., Annual General Meeting, Apr 30, 2024, at 16:00 US Eastern Standard Time. Agenda: To elect two Class II directors to serve for a term expiring at the 2027 Annual Meeting; to ratify the selection of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to conduct such other business as may properly come before the meeting or any adjournment or postponement thereof.Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$0.38 (vs US$0.23 loss in FY 2022)Full year 2023 results: EPS: US$0.38 (up from US$0.23 loss in FY 2022). Revenue: US$1.65b (up 18% from FY 2022). Net income: US$14.0m (up US$22.2m from FY 2022). Profit margin: 0.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.お知らせ • Feb 29Tiptree Inc. Declares Dividend, Payable on March 18, 2024Tiptree Inc. declared a cash dividend of $0.06 per share to Tiptree’s stockholders, with a record date of March 11, 2024 and a payment date of March 18, 2024.お知らせ • Feb 23Tiptree Inc. to Report Q4, 2023 Results on Feb 29, 2024Tiptree Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 29, 2024分析記事 • Feb 08A Piece Of The Puzzle Missing From Tiptree Inc.'s (NASDAQ:TIPT) Share PriceWhen you see that almost half of the companies in the Insurance industry in the United States have price-to-sales...Recent Insider Transactions • Jan 10VP, General Counsel & Secretary recently sold US$355k worth of stockOn the 8th of January, Neil Rifkind sold around 18k shares on-market at roughly US$19.54 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$344k more than they bought in the last 12 months.Upcoming Dividend • Nov 10Upcoming dividend of US$0.05 per share at 1.2% yieldEligible shareholders must have bought the stock before 17 November 2023. Payment date: 27 November 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (5.2%). Lower than average of industry peers (2.1%).お知らせ • Nov 03Tiptree Inc. Declares A Cash Dividend, Payable on November 27, 2023Tiptree Inc. announced that the board of directors of the Company has declared a cash dividend of $0.05 per share to Tiptree’s stockholders, with a record date of November 20, 2023 and a payment date of November 27, 2023.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$0.059 (vs US$0.39 in 3Q 2022)Third quarter 2023 results: EPS: US$0.059 (down from US$0.39 in 3Q 2022). Revenue: US$416.5m (up 19% from 3Q 2022). Net income: US$2.15m (down 85% from 3Q 2022). Profit margin: 0.5% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 11Upcoming dividend of US$0.05 per share at 1.3% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.2%).Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$0.16 (vs US$0.64 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.16 (up from US$0.64 loss in 2Q 2022). Revenue: US$404.5m (up 22% from 2Q 2022). Net income: US$5.99m (up US$28.4m from 2Q 2022). Profit margin: 1.5% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • May 12Upcoming dividend of US$0.05 per share at 1.6% yieldEligible shareholders must have bought the stock before 19 May 2023. Payment date: 30 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (5.2%). Lower than average of industry peers (2.2%).Reported Earnings • May 05First quarter 2023 earnings released: US$0.029 loss per share (vs US$0.028 loss in 1Q 2022)First quarter 2023 results: US$0.029 loss per share (further deteriorated from US$0.028 loss in 1Q 2022). Revenue: US$381.6m (up 18% from 1Q 2022). Net loss: US$1.06m (loss widened 11% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year.お知らせ • May 04Tiptree Inc. Declares a Cash Dividend, Payable on May 30, 2023Tiptree Inc. announced that the board of directors of the Company has declared a cash dividend of $0.05 per share to Tiptree’s stockholders, with a record date of May 22, 2023 and a payment date of May 30, 2023.Reported Earnings • Mar 09Full year 2022 earnings released: US$0.23 loss per share (vs US$1.13 profit in FY 2021)Full year 2022 results: US$0.23 loss per share (down from US$1.13 profit in FY 2021). Revenue: US$1.40b (up 16% from FY 2021). Net loss: US$8.27m (down 122% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. President & Director Randy Maultsby was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Nov 16Tiptree (NASDAQ:TIPT) Is Paying Out A Dividend Of $0.04Tiptree Inc. ( NASDAQ:TIPT ) will pay a dividend of $0.04 on the 28th of November. The dividend yield is 1.2% based on...Upcoming Dividend • Nov 11Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 18 November 2022. Payment date: 28 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.2%).Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$0.39 (vs US$0.059 in 3Q 2021)Third quarter 2022 results: EPS: US$0.39 (up from US$0.059 in 3Q 2021). Revenue: US$349.4m (up 22% from 3Q 2021). Net income: US$14.0m (up US$12.1m from 3Q 2021). Profit margin: 4.0% (up from 0.7% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 03Tiptree Inc. Declares Cash Dividend, Payable on November 28, 2022Tiptree Inc. declared a cash dividend of $0.04 per share to Tiptree’s stockholders, with a record date of November 21, 2022 and a payment date of November 28, 2022.お知らせ • Oct 18Tiptree Inc. Announces CFO TransitionTiptree Inc. announced that Sandra Bell will be retiring as Chief Financial Officer of Tiptree, effective March 31, 2023 (the Transition Effective Date). Tiptree also announced that Scott McKinney will succeed Ms. Bell as Chief Financial Officer on the Transition Effective Date. The Company and Ms. Bell have mutually agreed on the terms under which she will stay on as CFO until the Transition Effective Date. Mr. McKinney was recently promoted to Deputy Chief Financial Officer in April of this year and previously served as Director of Financial Planning and Analysis, which included overseeing strategic planning and financial analysis along with heading up investor relations efforts. Prior to joining Tiptree in 2016, Mr. McKinney worked in various finance executive positions at General Electric Company. Mr. McKinney received his BS in Management from Purdue University.Seeking Alpha • Oct 17Tiptree announces CFO change as Sandra Bell retiresTiptree's (NASDAQ:TIPT) chief financial officer Sandra Bell on Monday has announced her retirement, effective Mar. 31, 2023. The New York based insurance company Tiptree said Scott McKinney will succeed Bell as chief financial officer as on the date of transition. McKinney was recently promoted to Deputy Chief Financial Officer in April of this year and previously served as Director of Financial Planning and Analysis. The company told prior to joining Tiptree in 2016, McKinney worked in various finance executive positions at General Electric Company.Recent Insider Transactions Derivative • Oct 01CFO & Principal Accounting Officer notifies of intention to sell stockSandra Bell intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of September. If the sale is conducted around the recent share price of US$10.53, it would amount to US$208k. Since March 2022, Sandra's direct individual holding has decreased from 33.07k shares to 21.57k. Company insiders have collectively bought US$9.4m more than they sold, via options and on-market transactions, in the last 12 months.Recent Insider Transactions • Sep 17President & Director recently sold US$221k worth of stockOn the 15th of September, Randy Maultsby sold around 20k shares on-market at roughly US$11.07 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Randy's only on-market trade for the last 12 months.Upcoming Dividend • Aug 12Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 29 August 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.0%). Lower than average of industry peers (2.3%).分析記事 • Aug 12Tiptree (NASDAQ:TIPT) Has Affirmed Its Dividend Of $0.04Tiptree Inc. ( NASDAQ:TIPT ) will pay a dividend of $0.04 on the 29th of August. Including this payment, the dividend...Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.64 loss per share (vs US$0.24 profit in 2Q 2021)Second quarter 2022 results: US$0.64 loss per share (down from US$0.24 profit in 2Q 2021). Revenue: US$332.7m (up 11% from 2Q 2021). Net loss: US$22.4m (down 386% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 09Tiptree Inc. Declares Dividend, Payable on August 29, 2022Tiptree Inc. declared a dividend of $0.04 per share to stockholders of record on August 22, 2022 with a payment date of August 29, 2022.Seeking Alpha • Aug 08Tiptree GAAP EPS of -$0.64, revenue of $339.84MTiptree press release (NASDAQ:TIPT): Q2 GAAP EPS of -$0.64. Revenue of $339.84M (+13.4% Y/Y).Seeking Alpha • Jun 22Tiptree: Fortegra Deal From Warburg ClosedWarburg investment in Fortegra is closed. Company now has net cash. Additionally, the company sold the other two dry bulk ships for 47% gain versus book value. Company now trading at close to 60% discount to sum of the parts.Recent Insider Transactions Derivative • Jun 04Executive Chairman of the Board exercised options to buy US$11m worth of stock.On the 1st of June, Michael Barnes exercised options to buy 979k shares at a strike price of around US$6.93, costing a total of US$6.8m. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since September 2021, Michael's direct individual holding has increased from 8.49m shares to 9.62m. Company insiders have collectively bought US$6.6m more than they sold, via options and on-market transactions, in the last 12 months.Upcoming Dividend • May 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (2.2%).分析記事 • May 10Tiptree (NASDAQ:TIPT) Is Due To Pay A Dividend Of US$0.04The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of US$0.04 per share on the 31st of...Seeking Alpha • May 07Tiptree: Very Solid Operating Quarter Behind Mark-To-Market NoiseFortegra top line growing 26%. Fortegra combined ratio staying in the low 90s. Investment from Warburg set to close this quarter. Liquidation of shipping fleet starting. Sum of the parts up to ~$26.Reported Earnings • May 06First quarter 2022 earnings released: US$0.028 loss per share (vs US$0.86 profit in 1Q 2021)First quarter 2022 results: US$0.028 loss per share (down from US$0.86 profit in 1Q 2021). Revenue: US$324.9m (up 10% from 1Q 2021). Net loss: US$960.0k (down 103% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • May 06Tiptree Inc. Declares Dividend, Payable on May 31, 2022Tiptree Inc. declared a dividend of $0.04 per share to stockholders of record on May 23, 2022 with a payment date of May 31, 2022.お知らせ • Apr 23Tiptree Inc., Annual General Meeting, Jun 07, 2022Tiptree Inc., Annual General Meeting, Jun 07, 2022, at 16:00 US Eastern Standard Time. Agenda: To elect two (2) Class III directors to serve for a term expiring at the 2025 Annual Meeting; to approve an amendment to the Tiptree Inc. 2017 Omnibus Incentive Plan; to ratify the selection of Deloitte & Touche LLP ( Deloitte) as independent registered public accounting firm for the fiscal year ending December 31, 2022; and to conduct such other business as may properly come before the meeting or any adjournment or postponement thereof.Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.15 (up from US$0.86 loss in FY 2020). Revenue: US$1.20b (up 47% from FY 2020). Net income: US$38.1m (up US$67.3m from FY 2020). Profit margin: 3.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Combined ratio: 90.6% (down from 91.5% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Mar 10Tiptree: Stock Now At 50% Discount To Sum Of The PartsSum of the Parts up to $25.85 based on Warburg investment valuation in Fortegra. Fortegra keeps growing like a weed. Rising interest environment should be a tailwind to earnings from insurance float. Lots of questions on conference call about simplifying portfolio of businesses.Recent Insider Transactions Derivative • Nov 24President & Director exercised options and sold US$268k worth of stockOn the 22nd of November, Randy Maultsby exercised options to acquire 18k shares at no cost and sold these for an average price of US$15.12 per share. This trade did not impact their existing holding. Since September 2021, Randy has owned 64.26k shares directly. Company insiders have collectively bought US$932k more than they sold, via options and on-market transactions, in the last 12 months.Upcoming Dividend • Nov 12Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 19 November 2021. Payment date: 29 November 2021. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.4%). Lower than average of industry peers (2.3%).Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS US$0.06 (vs US$0.37 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$286.6m (up 28% from 3Q 2020). Net income: US$2.01m (down 84% from 3Q 2020). Profit margin: 0.7% (down from 5.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 36% share price gain to US$14.22, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 10x in the Insurance industry in the US. Total returns to shareholders of 155% over the past three years.Seeking Alpha • Oct 12Tiptree: Monetizing A Piece Of The Biggest Asset And Demonstrating Enormous Sum Of The Parts10,666,667 @ $11.25/Fortegra share represents $120 million equity investment for 17.5% of Fortegra at $691 million valuation. Warrants for another 3.52 million shares struck at $15, or $912 million. $80 million of 8% preferred shares with small additional warrants. Equity investment alone values Tiptree's stake in Fortegra @ $16.20/Tiptree share. Rest of the business brings TIPT book value to $23.55/share.Upcoming Dividend • Aug 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 30 August 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (2.3%).Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$299.7m (up 50% from 2Q 2020). Net income: US$7.97m (up 115% from 2Q 2020). Profit margin: 2.7% (up from 1.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Seeking Alpha • Aug 05Tiptree: Great Operational Quarter, Waiting On Corporate Action To Unlock ValueExcellent underwriting growth and combined ratio at Fortegra Insurance. Slower but still strong results at mortgage origination. Robust quarter from Tiptree Capital. Quiet quarter from Invesque.お知らせ • Jun 28Tiptree Inc.(NasdaqCM:TIPT) dropped from Russell 2000 Value-Defensive IndexTiptree Inc.(NasdaqCM:TIPT) dropped from Russell 2000 Value-Defensive Index収支内訳Tiptree の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NasdaqCM:TIPT 収益、費用、利益 ( )USD Millions日付収益収益G+A経費研究開発費31 Mar 26-2-3631031 Dec 25-1-3934030 Sep 25-468-50-1030 Jun 25-514-45-10031 Mar 25-496-51-15031 Dec 241-3229030 Sep 241,98640216030 Jun 241,90831209031 Mar 241,76624203031 Dec 23-3-3931030 Sep 231,5598187030 Jun 231,49120180031 Mar 231,420-8184031 Dec 221,363-8200030 Sep 221,327-10221030 Jun 221,264-22231031 Mar 221,2318228031 Dec 211,20137224030 Sep 211,14352211030 Jun 211,08063208031 Mar 2197959202031 Dec 20810-29187030 Sep 20761-39174030 Jun 20727-54162031 Mar 20711-46152031 Dec 1976518142030 Sep 197095136030 Jun 196926131031 Mar 19662-5127031 Dec 18626-20125030 Sep 18626-1123030 Jun 18605-2123031 Mar 18599-6125031 Dec 176048126030 Sep 175839109030 Jun 1757617120031 Mar 1757526124031 Dec 1655829126030 Sep 1655515136030 Jun 165354130031 Mar 16499-8121031 Dec 15415-592030 Sep 15395-26104030 Jun 15306-19790質の高い収益: TIPTは現在利益が出ていません。利益率の向上: TIPTは現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: TIPTは利益が出ておらず、過去 5 年間で損失は年間53.5%の割合で増加しています。成長の加速: TIPTの過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: TIPTは利益が出ていないため、過去 1 年間の収益成長をInsurance業界 ( 36.5% ) と比較することは困難です。株主資本利益率高いROE: TIPTは現在利益が出ていないため、自己資本利益率 ( -4.84% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YInsurance 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/31 23:28終値2026/05/29 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tiptree Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Jerry DoctrowStifel, Equities Research
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: US$0.17 (vs US$0.32 in 3Q 2024)Third quarter 2025 results: EPS: US$0.17 (down from US$0.32 in 3Q 2024). Revenue: US$540.3m (up 9.3% from 3Q 2024). Net income: US$6.38m (down 46% from 3Q 2024). Profit margin: 1.2% (down from 2.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: US$0.51 (vs US$0.35 in 2Q 2024)Second quarter 2025 results: EPS: US$0.51 (up from US$0.35 in 2Q 2024). Revenue: US$528.8m (down 3.3% from 2Q 2024). Net income: US$19.0m (up 49% from 2Q 2024). Profit margin: 3.6% (up from 2.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 01First quarter 2025 earnings released: EPS: US$0.15 (vs US$0.24 in 1Q 2024)First quarter 2025 results: EPS: US$0.15 (down from US$0.24 in 1Q 2024). Revenue: US$497.4m (flat on 1Q 2024). Net income: US$5.64m (down 37% from 1Q 2024). Profit margin: 1.1% (down from 1.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.058 in 3Q 2023)Third quarter 2024 results: EPS: US$0.32 (up from US$0.058 in 3Q 2023). Revenue: US$494.4m (up 19% from 3Q 2023). Net income: US$11.9m (up 457% from 3Q 2023). Profit margin: 2.4% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.35 (vs US$0.16 in 2Q 2023)Second quarter 2024 results: EPS: US$0.35 (up from US$0.16 in 2Q 2023). Revenue: US$546.7m (up 35% from 2Q 2023). Net income: US$12.9m (up 116% from 2Q 2023). Profit margin: 2.4% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.25 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.25 (up from US$0.029 loss in 1Q 2023). Revenue: US$498.2m (up 31% from 1Q 2023). Net income: US$9.05m (up US$10.1m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Declared Dividend • May 06First quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 18th May 2026 Payment date: 26th May 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability.
お知らせ • May 03Tiptree Inc. Declares Dividend, Payable on May 26, 2026Tiptree Inc. declared a dividend of $0.06 per share to stockholders of record on May 18, 2026 with a payment date of May 26, 2026.
お知らせ • Mar 17Tiptree Inc., Annual General Meeting, Apr 28, 2026Tiptree Inc., Annual General Meeting, Apr 28, 2026.
New Risk • Mar 10New major risk - Revenue and earnings growthEarnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 3.9% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Paying a dividend despite being loss-making.
Declared Dividend • Mar 09Third quarter dividend of US$0.06 announcedDividend of US$0.06 is the same as last year. Ex-date: 16th March 2026 Payment date: 23rd March 2026 Dividend yield will be 1.4%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Mar 07Tiptree Inc. Declares Dividend, Payable on March 23, 2026Tiptree Inc. declared a dividend of $0.06 per share to stockholders of record on March 16, 2026 with a payment date of March 23, 2026.
Recent Insider Transactions Derivative • Feb 24Chief Financial Officer exercised options and sold US$88k worth of stockOn the 20th of February, Scott McKinney exercised options to acquire 5k shares at no cost and sold these for an average price of US$17.06 per share. This trade did not impact their existing holding. Since March 2025, Scott's direct individual holding has increased from 90.14k shares to 100.11k. Company insiders have collectively sold US$2.8m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Dec 19+ 1 more updateTiptree Inc Announces Changes in Board, Effective January 1, 2026Tiptree Inc.appointed its Chief Executive Officer, Jonathan Ilany, non-executive Vice Chairman of the board of directors of the Company (the “Board”), effective January 1, 2026. In connection with this appointment, effective January 1, 2026 Mr. Ilany will transition from his current role as Chief Executive Officer and Michael Barnes, Executive Chairman of the Company, will serve as the Company’s Chief Executive Officer. Following such transition, Mr. Ilany will provide consulting and advisory services to the Company to assist with the transition of his duties and responsibilities for one year beginning January 1, 2026 (the “Advisory Period”) pursuant to an advisor agreement entered into between the Company and Mr. Ilany dated December 16, 2025 (the “Advisor Agreement”). Mr. Ilany will remain employed as Chief Executive Officer through December 31, 2025.
お知らせ • Dec 06Tiptree Inc. Announces Executive Changes, Effective December 5, 2025On December 5, 2025, Tiptree Inc. announced that in connection with downsizing its legal department, Tiptree has separated from Neil Rifkind as Vice President, General Counsel and Secretary of Tiptree, effective immediately. Tiptree and Mr. Rifkind entered into a Separation Agreement dated as of December 5, 2025. On December 5, 2025, the Board of Directors (the “Board”) of Tiptree appointed Siew Kwok as General Counsel, Chief Compliance Officer and Secretary of Tiptree, effective immediately. Mr. Kwok will succeed Mr. Rifkind. Mr. Kwok was previously Deputy General Counsel & Chief Compliance Officer having first started as Assistant General Counsel when he joined Tiptree in 2014. Prior to joining Tiptree, Mr. Kwok worked as a corporate associate at Davis Polk & Wardwell, LLP. Mr. Kwok received his B.A. from Fordham University and his J.D. from Stanford Law School.
お知らせ • Dec 02Veradace Partners Provides Information to Shareholders of TiptreeOn December 1, 2025, Veradace Partners L P announced that it opposes the proposed sale of Fortegra Group to DB Insurance, at the special meeting of shareholders scheduled for December 3, 2025. In addition, Veradace Partners stated that the Company board rushed the deal and excluded private equity bidders, only 19 potential buyers contacted; IPO option dismissed prematurely, non-solicitation agreement blocked alternative proposals and stated that the sale price is hundreds of millions below fair value, Fortegra valued at 8.0x earnings, while peers trade at 12.5x, Fortegra’s capitalization is projected to increase 120% by 2029, no immediate need for extra capital; plenty of time to re-run sale process. Furter, Veradace Partners stated that the Company stock fell ~23% after announcement, alternatively, Veradace Partners suggested to re-engage private equity sponsors, pursue a backstopped IPO of Fortegra, explore sale of entire Company, not just Fortegra.
お知らせ • Nov 14+ 1 more updateVeradace Partners Files an Exempt Solicitation Statement with Securities and Exchange CommissionOn November 14, 2025, Veradace Partners L P announced that it has filed an exempt solicitation statement with Securities and Exchange Commission, issued a presentation stating why it is opposing the proposed sale of Fortegra Group, believes the Fortegra sale undervaluing, rewards management over shareholders, and ignores many professional alternatives. In addition, Veradace Partners urged the Tiptree Inc shareholders to vote against the Company’s proposed sale of The Fortegra Group Inc to DB Insurance Co Ltd, at the Company’s Special Meeting of Stockholders scheduled to be held on December 3, 2025.
Recent Insider Transactions • Nov 12Independent Director recently bought US$101k worth of stockOn the 7th of November, Dominique Mielle bought around 6k shares on-market at roughly US$18.29 per share. This transaction amounted to 8.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold US$315k more in shares than they bought in the last 12 months.
お知らせ • Nov 10Veradace Partners Issues on Open Letter to Shareholders of TiptreeOn November 10, 2025, Veradace Partners L P stating that it has sent an open letter to shareholders of Tiptree Inc, opposes the proposed sale of Fortegra, arguing it is unfairly structured and undervalued, the deal is an asset sale, not a full company sale, which is tax-inefficient and appears designed to give Company management control over nearly $1 billion in shareholder funds, despite Fortegra being valued at $28.75 per share, shareholders are not guaranteed any direct payout, Company’s share price has dropped 23% since the announcement. In addition, Veradace mentioned Company’s history of poor capital allocation and conflicted incentives, executive compensation and related-party payments have consistently extracted value from shareholders, non-Fortegra assets have declined in value significantly, it believes Fortegra deserves a premium valuation and is the core value driver of the Company. Further, Veradace urged the Company shareholders to vote against the transaction, suggests DB Insurance should acquire Tiptree directly to ensure fair value distribution to shareholders, promises to release further analysis and encourages shareholders to reach out for more information.
分析記事 • Nov 03Tiptree (NASDAQ:TIPT) Has Affirmed Its Dividend Of $0.06The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of $0.06 per share on the 24th of...
Declared Dividend • Nov 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 17th November 2025 Payment date: 24th November 2025 Dividend yield will be 2.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (5% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 02Third quarter 2025 earnings released: EPS: US$0.17 (vs US$0.32 in 3Q 2024)Third quarter 2025 results: EPS: US$0.17 (down from US$0.32 in 3Q 2024). Revenue: US$540.3m (up 9.3% from 3Q 2024). Net income: US$6.38m (down 46% from 3Q 2024). Profit margin: 1.2% (down from 2.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 31Tiptree Inc. Declares Quarterly Dividend, Payable on November 24, 2025Tiptree Inc. Declared a dividend of $0.06 per share to stockholders of record on November 17, 2025 with a payment date of November 24, 2025.
分析記事 • Oct 12Why Investors Shouldn't Be Surprised By Tiptree Inc.'s (NASDAQ:TIPT) 31% Share Price PlungeTiptree Inc. ( NASDAQ:TIPT ) shareholders won't be pleased to see that the share price has had a very rough month...
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to US$19.05, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Insurance industry in the US. Total returns to shareholders of 86% over the past three years.
Recent Insider Transactions Derivative • Sep 14Executive Chairman of the Board exercised options and sold US$777k worth of stockOn the 12th of September, Michael Barnes exercised 163.16k options at around US$5.67, then sold 41k of the shares acquired at an average of US$24.78 per share and kept the remainder. Since December 2024, Michael's direct individual holding has increased from 9.90m shares to 9.96m. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions Derivative • Sep 08CEO & Director exercised options to buy US$3.1m worth of stock.On the 2nd of September, Jonathan Ilany exercised 150.74k options at around US$5.67, then sold 13.70k of them at US$23.36 each and kept the remainder. Since December 2024, Jonathan's direct individual holding has decreased from 1.56m shares to 338.93k. Company insiders have collectively sold US$1.3m more than they bought, via options and on-market transactions in the last 12 months.
Declared Dividend • Aug 03Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 18th August 2025 Payment date: 25th August 2025 Dividend yield will be 2.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 31% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 01Tiptree Inc. announces Quarterly dividend, payable on August 25, 2025Tiptree Inc. announced Quarterly dividend of USD 0.0600 per share payable on August 25, 2025, ex-date on August 18, 2025 and record date on August 18, 2025.
Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: US$0.51 (vs US$0.35 in 2Q 2024)Second quarter 2025 results: EPS: US$0.51 (up from US$0.35 in 2Q 2024). Revenue: US$528.8m (down 3.3% from 2Q 2024). Net income: US$19.0m (up 49% from 2Q 2024). Profit margin: 3.6% (up from 2.3% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
分析記事 • Jun 28Cautious Investors Not Rewarding Tiptree Inc.'s (NASDAQ:TIPT) Performance CompletelyIt's not a stretch to say that Tiptree Inc.'s ( NASDAQ:TIPT ) price-to-earnings (or "P/E") ratio of 18.7x right now...
Declared Dividend • May 04Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 12th May 2025 Payment date: 19th May 2025 Dividend yield will be 2.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 01First quarter 2025 earnings released: EPS: US$0.15 (vs US$0.24 in 1Q 2024)First quarter 2025 results: EPS: US$0.15 (down from US$0.24 in 1Q 2024). Revenue: US$497.4m (flat on 1Q 2024). Net income: US$5.64m (down 37% from 1Q 2024). Profit margin: 1.1% (down from 1.8% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Tiptree Inc. Declares Quarterly Dividend, Payable on May 19, 2025Tiptree Inc. declared a quarterly dividend of $0.06 per share to stockholders of record on May 12, 2025 with a payment date of May 19, 2025.
お知らせ • Apr 11Tiptree Inc., Annual General Meeting, Apr 29, 2025Tiptree Inc., Annual General Meeting, Apr 29, 2025.
Recent Insider Transactions • Mar 27VP, General Counsel & Secretary recently sold US$416k worth of stockOn the 25th of March, Neil Rifkind sold around 17k shares on-market at roughly US$25.00 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$389k more than they bought in the last 12 months.
分析記事 • Mar 26Earnings Not Telling The Story For Tiptree Inc. (NASDAQ:TIPT) After Shares Rise 27%Tiptree Inc. ( NASDAQ:TIPT ) shareholders would be excited to see that the share price has had a great month, posting a...
Declared Dividend • Mar 02Dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 10th March 2025 Payment date: 17th March 2025 Dividend yield will be 2.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions Derivative • Feb 27VP, General Counsel & Secretary exercised options and sold US$221k worth of stockOn the 24th of February, Neil Rifkind exercised options to acquire 11k shares at no cost and sold these for an average price of US$19.90 per share. This trade did not impact their existing holding. Since March 2024, Neil has owned 18.67k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.
お知らせ • Feb 27Tiptree Inc. Declares A Dividend, Payable on March 17, 2025Tiptree Inc. Declared a dividend of $0.06 per share to stockholders of record on March 10, 2025 with a payment date of March 17, 2025.
お知らせ • Dec 02Tiptree Announces Declaration of A Special Dividend, Payable on December 19, 2024Tiptree Inc. 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 paid on November 25, 2024.
Declared Dividend • Nov 03Third quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 18th November 2024 Payment date: 25th November 2024 Dividend yield will be 1.2%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (21% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 10% per year over the past 9 years and payments have been stable during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$0.32 (vs US$0.058 in 3Q 2023)Third quarter 2024 results: EPS: US$0.32 (up from US$0.058 in 3Q 2023). Revenue: US$494.4m (up 19% from 3Q 2023). Net income: US$11.9m (up 457% from 3Q 2023). Profit margin: 2.4% (up from 0.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
Recent Insider Transactions Derivative • Oct 23Chief Financial Officer exercised options and sold US$482k worth of stockOn the 18th of October, Scott McKinney exercised options to acquire 23k shares at no cost and sold these for an average price of US$20.95 per share. This trade did not impact their existing holding. Since March 2024, Scott has owned 55.36k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Oct 17Some Shareholders Feeling Restless Over Tiptree Inc.'s (NASDAQ:TIPT) P/E RatioTiptree Inc.'s ( NASDAQ:TIPT ) price-to-earnings (or "P/E") ratio of 24.7x might make it look like a sell right now...
Recent Insider Transactions Derivative • Oct 15President & Director exercised options and sold US$590k worth of stockOn the 9th of October, Randy Maultsby exercised options to acquire 31k shares at no cost and sold these for an average price of US$19.11 per share. This trade did not impact their existing holding. Since March 2024, Randy's direct individual holding has increased from 11.47k shares to 47.24k. Company insiders have collectively sold US$924k more than they bought, via options and on-market transactions in the last 12 months.
分析記事 • Aug 04Tiptree (NASDAQ:TIPT) Has Announced A Dividend Of $0.06The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of $0.06 per share on the 26th of...
Declared Dividend • Aug 04Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 19th August 2024 Payment date: 26th August 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (26% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 40% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 01Second quarter 2024 earnings released: EPS: US$0.35 (vs US$0.16 in 2Q 2023)Second quarter 2024 results: EPS: US$0.35 (up from US$0.16 in 2Q 2023). Revenue: US$546.7m (up 35% from 2Q 2023). Net income: US$12.9m (up 116% from 2Q 2023). Profit margin: 2.4% (up from 1.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Seeking Alpha • Aug 01Tiptree: Beautiful Quarter And Numbers Getting CleanerSummary Tiptree reported strong non-adjusted earnings of $.31, annualizing to $1.24, demonstrating cheap stock valuation. Fortegra continues to show impressive revenue growth and high ROE, leading to adjusted net income of $40.3 million. Adjusted EPS of $.57 annualizes to $2.28/share, suggesting potential for a stock price of over $45, with the main risk being a drop in Fortegra's growth. Read the full article on Seeking Alpha
Declared Dividend • May 05First quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 17th May 2024 Payment date: 28th May 2024 Dividend yield will be 1.3%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: US$0.25 (vs US$0.029 loss in 1Q 2023)First quarter 2024 results: EPS: US$0.25 (up from US$0.029 loss in 1Q 2023). Revenue: US$498.2m (up 31% from 1Q 2023). Net income: US$9.05m (up US$10.1m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
お知らせ • May 02Tiptree Inc. Declares Dividend, Payable on May 28, 2024Tiptree Inc. announced that it has declared a dividend of $0.06 per share to stockholders of record on May 20, 2024 with a payment date of May 28, 2024.
お知らせ • Apr 20Tiptree Inc. to Report Q1, 2024 Results on May 02, 2024Tiptree Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on May 02, 2024
お知らせ • Mar 30Adlai Chester entered into a definitive share purchase agreement to acquire an additional 30.2% stake in Invesque Inc. (TSX:IVQ) from Tiptree Inc. (NasdaqCM:TIPT) for CAD 0.85 million.Adlai Chester entered into a definitive share purchase agreement to acquire an additional 30.2% stake in Invesque Inc. (TSX:IVQ) from Tiptree Inc. (NasdaqCM:TIPT) for CAD 0.85 million on March 29, 2024. Under the agreement, certain of the subsidiaries of Tiptree Inc. will dispose of an aggregate of 16,982,283 common shares of Invesque Inc for CAD 0.049868 per common share, in a private sale to Adlai Chester, Chief Financial Officer of Invesque. Following the acquisition, Tiptree will no longer own or control any shares in Invesque Inc. Adlai Chester, who currently owns 212,907 common shares of Invesque, will own 17,195,190 common shares, representing approximately 30.59% of the outstanding common shares of Invesque. The acquisition remains subject to customary closing conditions and is expected to be completed on or before April 30, 2024.
お知らせ • Mar 19Tiptree Inc., Annual General Meeting, Apr 30, 2024Tiptree Inc., Annual General Meeting, Apr 30, 2024, at 16:00 US Eastern Standard Time. Agenda: To elect two Class II directors to serve for a term expiring at the 2027 Annual Meeting; to ratify the selection of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024; and to conduct such other business as may properly come before the meeting or any adjournment or postponement thereof.
Reported Earnings • Feb 29Full year 2023 earnings released: EPS: US$0.38 (vs US$0.23 loss in FY 2022)Full year 2023 results: EPS: US$0.38 (up from US$0.23 loss in FY 2022). Revenue: US$1.65b (up 18% from FY 2022). Net income: US$14.0m (up US$22.2m from FY 2022). Profit margin: 0.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings.
お知らせ • Feb 29Tiptree Inc. Declares Dividend, Payable on March 18, 2024Tiptree Inc. declared a cash dividend of $0.06 per share to Tiptree’s stockholders, with a record date of March 11, 2024 and a payment date of March 18, 2024.
お知らせ • Feb 23Tiptree Inc. to Report Q4, 2023 Results on Feb 29, 2024Tiptree Inc. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 29, 2024
分析記事 • Feb 08A Piece Of The Puzzle Missing From Tiptree Inc.'s (NASDAQ:TIPT) Share PriceWhen you see that almost half of the companies in the Insurance industry in the United States have price-to-sales...
Recent Insider Transactions • Jan 10VP, General Counsel & Secretary recently sold US$355k worth of stockOn the 8th of January, Neil Rifkind sold around 18k shares on-market at roughly US$19.54 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$344k more than they bought in the last 12 months.
Upcoming Dividend • Nov 10Upcoming dividend of US$0.05 per share at 1.2% yieldEligible shareholders must have bought the stock before 17 November 2023. Payment date: 27 November 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of American dividend payers (5.2%). Lower than average of industry peers (2.1%).
お知らせ • Nov 03Tiptree Inc. Declares A Cash Dividend, Payable on November 27, 2023Tiptree Inc. announced that the board of directors of the Company has declared a cash dividend of $0.05 per share to Tiptree’s stockholders, with a record date of November 20, 2023 and a payment date of November 27, 2023.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$0.059 (vs US$0.39 in 3Q 2022)Third quarter 2023 results: EPS: US$0.059 (down from US$0.39 in 3Q 2022). Revenue: US$416.5m (up 19% from 3Q 2022). Net income: US$2.15m (down 85% from 3Q 2022). Profit margin: 0.5% (down from 4.0% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 11Upcoming dividend of US$0.05 per share at 1.3% yieldEligible shareholders must have bought the stock before 18 August 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.7%). Lower than average of industry peers (2.2%).
Reported Earnings • Aug 03Second quarter 2023 earnings released: EPS: US$0.16 (vs US$0.64 loss in 2Q 2022)Second quarter 2023 results: EPS: US$0.16 (up from US$0.64 loss in 2Q 2022). Revenue: US$404.5m (up 22% from 2Q 2022). Net income: US$5.99m (up US$28.4m from 2Q 2022). Profit margin: 1.5% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • May 12Upcoming dividend of US$0.05 per share at 1.6% yieldEligible shareholders must have bought the stock before 19 May 2023. Payment date: 30 May 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (5.2%). Lower than average of industry peers (2.2%).
Reported Earnings • May 05First quarter 2023 earnings released: US$0.029 loss per share (vs US$0.028 loss in 1Q 2022)First quarter 2023 results: US$0.029 loss per share (further deteriorated from US$0.028 loss in 1Q 2022). Revenue: US$381.6m (up 18% from 1Q 2022). Net loss: US$1.06m (loss widened 11% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 30% per year and the company’s share price has also increased by 30% per year.
お知らせ • May 04Tiptree Inc. Declares a Cash Dividend, Payable on May 30, 2023Tiptree Inc. announced that the board of directors of the Company has declared a cash dividend of $0.05 per share to Tiptree’s stockholders, with a record date of May 22, 2023 and a payment date of May 30, 2023.
Reported Earnings • Mar 09Full year 2022 earnings released: US$0.23 loss per share (vs US$1.13 profit in FY 2021)Full year 2022 results: US$0.23 loss per share (down from US$1.13 profit in FY 2021). Revenue: US$1.40b (up 16% from FY 2021). Net loss: US$8.27m (down 122% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Feb 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. President & Director Randy Maultsby was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Nov 16Tiptree (NASDAQ:TIPT) Is Paying Out A Dividend Of $0.04Tiptree Inc. ( NASDAQ:TIPT ) will pay a dividend of $0.04 on the 28th of November. The dividend yield is 1.2% based on...
Upcoming Dividend • Nov 11Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 18 November 2022. Payment date: 28 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.4%). Lower than average of industry peers (2.2%).
Reported Earnings • Nov 04Third quarter 2022 earnings released: EPS: US$0.39 (vs US$0.059 in 3Q 2021)Third quarter 2022 results: EPS: US$0.39 (up from US$0.059 in 3Q 2021). Revenue: US$349.4m (up 22% from 3Q 2021). Net income: US$14.0m (up US$12.1m from 3Q 2021). Profit margin: 4.0% (up from 0.7% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 03Tiptree Inc. Declares Cash Dividend, Payable on November 28, 2022Tiptree Inc. declared a cash dividend of $0.04 per share to Tiptree’s stockholders, with a record date of November 21, 2022 and a payment date of November 28, 2022.
お知らせ • Oct 18Tiptree Inc. Announces CFO TransitionTiptree Inc. announced that Sandra Bell will be retiring as Chief Financial Officer of Tiptree, effective March 31, 2023 (the Transition Effective Date). Tiptree also announced that Scott McKinney will succeed Ms. Bell as Chief Financial Officer on the Transition Effective Date. The Company and Ms. Bell have mutually agreed on the terms under which she will stay on as CFO until the Transition Effective Date. Mr. McKinney was recently promoted to Deputy Chief Financial Officer in April of this year and previously served as Director of Financial Planning and Analysis, which included overseeing strategic planning and financial analysis along with heading up investor relations efforts. Prior to joining Tiptree in 2016, Mr. McKinney worked in various finance executive positions at General Electric Company. Mr. McKinney received his BS in Management from Purdue University.
Seeking Alpha • Oct 17Tiptree announces CFO change as Sandra Bell retiresTiptree's (NASDAQ:TIPT) chief financial officer Sandra Bell on Monday has announced her retirement, effective Mar. 31, 2023. The New York based insurance company Tiptree said Scott McKinney will succeed Bell as chief financial officer as on the date of transition. McKinney was recently promoted to Deputy Chief Financial Officer in April of this year and previously served as Director of Financial Planning and Analysis. The company told prior to joining Tiptree in 2016, McKinney worked in various finance executive positions at General Electric Company.
Recent Insider Transactions Derivative • Oct 01CFO & Principal Accounting Officer notifies of intention to sell stockSandra Bell intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 22nd of September. If the sale is conducted around the recent share price of US$10.53, it would amount to US$208k. Since March 2022, Sandra's direct individual holding has decreased from 33.07k shares to 21.57k. Company insiders have collectively bought US$9.4m more than they sold, via options and on-market transactions, in the last 12 months.
Recent Insider Transactions • Sep 17President & Director recently sold US$221k worth of stockOn the 15th of September, Randy Maultsby sold around 20k shares on-market at roughly US$11.07 per share. This transaction amounted to 54% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Randy's only on-market trade for the last 12 months.
Upcoming Dividend • Aug 12Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 19 August 2022. Payment date: 29 August 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 1.3%. Lower than top quartile of American dividend payers (4.0%). Lower than average of industry peers (2.3%).
分析記事 • Aug 12Tiptree (NASDAQ:TIPT) Has Affirmed Its Dividend Of $0.04Tiptree Inc. ( NASDAQ:TIPT ) will pay a dividend of $0.04 on the 29th of August. Including this payment, the dividend...
Reported Earnings • Aug 11Second quarter 2022 earnings released: US$0.64 loss per share (vs US$0.24 profit in 2Q 2021)Second quarter 2022 results: US$0.64 loss per share (down from US$0.24 profit in 2Q 2021). Revenue: US$332.7m (up 11% from 2Q 2021). Net loss: US$22.4m (down 386% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 09Tiptree Inc. Declares Dividend, Payable on August 29, 2022Tiptree Inc. declared a dividend of $0.04 per share to stockholders of record on August 22, 2022 with a payment date of August 29, 2022.
Seeking Alpha • Aug 08Tiptree GAAP EPS of -$0.64, revenue of $339.84MTiptree press release (NASDAQ:TIPT): Q2 GAAP EPS of -$0.64. Revenue of $339.84M (+13.4% Y/Y).
Seeking Alpha • Jun 22Tiptree: Fortegra Deal From Warburg ClosedWarburg investment in Fortegra is closed. Company now has net cash. Additionally, the company sold the other two dry bulk ships for 47% gain versus book value. Company now trading at close to 60% discount to sum of the parts.
Recent Insider Transactions Derivative • Jun 04Executive Chairman of the Board exercised options to buy US$11m worth of stock.On the 1st of June, Michael Barnes exercised options to buy 979k shares at a strike price of around US$6.93, costing a total of US$6.8m. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since September 2021, Michael's direct individual holding has increased from 8.49m shares to 9.62m. Company insiders have collectively bought US$6.6m more than they sold, via options and on-market transactions, in the last 12 months.
Upcoming Dividend • May 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 20 May 2022. Payment date: 31 May 2022. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of American dividend payers (4.1%). Lower than average of industry peers (2.2%).
分析記事 • May 10Tiptree (NASDAQ:TIPT) Is Due To Pay A Dividend Of US$0.04The board of Tiptree Inc. ( NASDAQ:TIPT ) has announced that it will pay a dividend of US$0.04 per share on the 31st of...
Seeking Alpha • May 07Tiptree: Very Solid Operating Quarter Behind Mark-To-Market NoiseFortegra top line growing 26%. Fortegra combined ratio staying in the low 90s. Investment from Warburg set to close this quarter. Liquidation of shipping fleet starting. Sum of the parts up to ~$26.
Reported Earnings • May 06First quarter 2022 earnings released: US$0.028 loss per share (vs US$0.86 profit in 1Q 2021)First quarter 2022 results: US$0.028 loss per share (down from US$0.86 profit in 1Q 2021). Revenue: US$324.9m (up 10% from 1Q 2021). Net loss: US$960.0k (down 103% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • May 06Tiptree Inc. Declares Dividend, Payable on May 31, 2022Tiptree Inc. declared a dividend of $0.04 per share to stockholders of record on May 23, 2022 with a payment date of May 31, 2022.
お知らせ • Apr 23Tiptree Inc., Annual General Meeting, Jun 07, 2022Tiptree Inc., Annual General Meeting, Jun 07, 2022, at 16:00 US Eastern Standard Time. Agenda: To elect two (2) Class III directors to serve for a term expiring at the 2025 Annual Meeting; to approve an amendment to the Tiptree Inc. 2017 Omnibus Incentive Plan; to ratify the selection of Deloitte & Touche LLP ( Deloitte) as independent registered public accounting firm for the fiscal year ending December 31, 2022; and to conduct such other business as may properly come before the meeting or any adjournment or postponement thereof.
Reported Earnings • Mar 11Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: US$1.15 (up from US$0.86 loss in FY 2020). Revenue: US$1.20b (up 47% from FY 2020). Net income: US$38.1m (up US$67.3m from FY 2020). Profit margin: 3.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Combined ratio: 90.6% (down from 91.5% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Mar 10Tiptree: Stock Now At 50% Discount To Sum Of The PartsSum of the Parts up to $25.85 based on Warburg investment valuation in Fortegra. Fortegra keeps growing like a weed. Rising interest environment should be a tailwind to earnings from insurance float. Lots of questions on conference call about simplifying portfolio of businesses.
Recent Insider Transactions Derivative • Nov 24President & Director exercised options and sold US$268k worth of stockOn the 22nd of November, Randy Maultsby exercised options to acquire 18k shares at no cost and sold these for an average price of US$15.12 per share. This trade did not impact their existing holding. Since September 2021, Randy has owned 64.26k shares directly. Company insiders have collectively bought US$932k more than they sold, via options and on-market transactions, in the last 12 months.
Upcoming Dividend • Nov 12Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 19 November 2021. Payment date: 29 November 2021. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (3.4%). Lower than average of industry peers (2.3%).
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS US$0.06 (vs US$0.37 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$286.6m (up 28% from 3Q 2020). Net income: US$2.01m (down 84% from 3Q 2020). Profit margin: 0.7% (down from 5.5% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improved over the past weekAfter last week's 36% share price gain to US$14.22, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 10x in the Insurance industry in the US. Total returns to shareholders of 155% over the past three years.
Seeking Alpha • Oct 12Tiptree: Monetizing A Piece Of The Biggest Asset And Demonstrating Enormous Sum Of The Parts10,666,667 @ $11.25/Fortegra share represents $120 million equity investment for 17.5% of Fortegra at $691 million valuation. Warrants for another 3.52 million shares struck at $15, or $912 million. $80 million of 8% preferred shares with small additional warrants. Equity investment alone values Tiptree's stake in Fortegra @ $16.20/Tiptree share. Rest of the business brings TIPT book value to $23.55/share.
Upcoming Dividend • Aug 13Upcoming dividend of US$0.04 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 30 August 2021. Trailing yield: 1.5%. Lower than top quartile of American dividend payers (3.5%). Lower than average of industry peers (2.3%).
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS US$0.24 (vs US$0.11 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$299.7m (up 50% from 2Q 2020). Net income: US$7.97m (up 115% from 2Q 2020). Profit margin: 2.7% (up from 1.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Seeking Alpha • Aug 05Tiptree: Great Operational Quarter, Waiting On Corporate Action To Unlock ValueExcellent underwriting growth and combined ratio at Fortegra Insurance. Slower but still strong results at mortgage origination. Robust quarter from Tiptree Capital. Quiet quarter from Invesque.
お知らせ • Jun 28Tiptree Inc.(NasdaqCM:TIPT) dropped from Russell 2000 Value-Defensive IndexTiptree Inc.(NasdaqCM:TIPT) dropped from Russell 2000 Value-Defensive Index