Tiptree

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

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

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

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

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

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

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

Tiptree plans Fortegra IPO after strong Q3 performance

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

Tiptree reports robust 2023 performance, eyes growth amid challenges

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

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

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

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

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

Tiptree excels in Q3 with revenue surge and underwriting strength

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

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

LONDON , Dec. 4, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or "the Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that it has received approval to establish Fortegra Insurance Company UK. The Prudential Regulation Authority (PRA) has granted Fortegra approval to establish its subsidiary in the United Kingdom, effective November 29, 2024.

Fortegra Secures Licence, Launches New UK Subsidiary

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”), today 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.

Tiptree Announces Declaration of a Special Dividend

Junior subordinated notes issuance comes in anticipation of growing Fortegra's operations JACKSONVILLE, Fla. , Nov. 8, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ:TIPT), today announced the successful completion of $150 million of 9.25% Fixed Rate Resetting Junior Subordinated Notes due 2064 (the "Notes").

Fortegra Secures $150 Million in Capital to Support Growth

Tiptree Inc. (NASDAQ:TIPT ) Q3 2024 Earnings Conference Call October 31, 2024 10:30 AM ET Company Participants Scott McKinney – Chief Financial Officer Michael Barnes – Executive Chairman Conference Call Participants Operator Ladies and gentlemen, greetings, and welcome to the Tiptree Inc. Third Quarter 2024 Earnings Conference Call. At this time all participants are in a listen-only mode.

Tiptree Inc. (TIPT) Q3 2024 Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and nine months ended September 30, 2024.   Three Months Ended September 30,   Nine Months Ended September 30,   ($ in thousands, except per share information) 2024   2023   2024   2023   Total revenues $ 494,362     $ 416,514     $ 1,539,256     $ 1,202,657     Net income (loss) attributable to common stockholders $ 11,915     $ 2,153     $ 33,816    .

Tiptree Announces Third Quarter 2024 Results

JACKSONVILLE, Fla. , Oct. 24, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the appointment of Richard Mangion as Chief Financial Officer of Fortegra's UK and European business.

Richard Mangion Appointed CFO of Fortegra Europe

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, October 31, 2024 at 10:30 AM ET to discuss the Company's Q3 2024 results. A copy of the Q3 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call.

Tiptree to Hold Conference Call for Q3 2024 Results on Thursday, October 31, 2024

Tiptree Inc. (NASDAQ:TIPT ) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Scott McKinney - CFO Michael Barnes - Executive Chairman Conference Call Participants Operator Greetings, and welcome to Tiptree Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Tiptree Inc. (TIPT) Q2 2024 Earnings Call Transcript

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.

Tiptree: Beautiful Quarter And Numbers Getting Cleaner

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and six months ended June 30, 2024. “We are extremely pleased with the second quarter results and remain well-positioned for future growth,” said Tiptree's Executive Chairman, Michael Barnes. “Fortegra posted record results in the first half with growth in revenues of 34% and adjusted net income of 40%. As always, we remain committed to growing long ter.

Tiptree Announces Second Quarter 2024 Results

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, August 1, 2024 at 10:30 AM ET to discuss the Company's Q2 2024 results. A copy of the Q2 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call,.

Tiptree to Hold Conference Call for Q2 2024 Results on Thursday, August 1, 2024

New Belgium office doubles down on company's European commitment  JACKSONVILLE, Fla. , June 11, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced its approval to operate in Belgium and the European Union.

Fortegra Granted License to Operate in Belgium and European Union

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the first quarter 2024. Financial results for the three months ended March 31, 2024 and 2023 are as follows:   Three Months Ended March 31, ($ in thousands, except per share information)   2024     2023 Total revenues $ 498,221   $ 381,625 Net income (loss) attributable to common stockholders $ 9,050   $ (1,062) Diluted earnings per share $ 0.22   $ (0.03) Cash d.

Tiptree Announces First Quarter 2024 Results

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, May 2, 2024 at 10:30 AM ET to discuss the Company's Q1 2024 results. A copy of the Q1 2024 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call, ple.

Tiptree to Hold Conference Call for Q1 2024 Results on Thursday, May 2, 2024

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (“Tiptree”) (NASDAQ: TIPT), today announces the rebrand of its asset management business to Tiptree Advisors, LLC (“Tiptree Advisors”). The new branding reflects the growth of our business and the full integration of the Coherence Credit Strategies, which was acquired in 2023. Over the past two years, the firm has expanded its investment expertise in investment grade and high yield credit to include liquid long/short credit, co-investment strategi.

Tiptree Announces Rebrand of Asset Management Business

Fortegra earned $32.6 million in Q4, bringing the full year earnings to $115 million with a 40% growth rate. Tiptree's 76% stake in Fortegra translated to $25.9 million of after tax earnings. Tiptree Capital remains quiet, with the mortgage business and investment side showing little activity.

Tiptree: No Real Surprises. Stock Is Cheap And Value Keeps Building

Tiptree Inc. (TIPT) Q4 2023 Earnings Call Transcript

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the fourth quarter 2023. “We are extremely pleased with our performance in the fourth quarter and full-year 2023. Our operating businesses demonstrated strong performance, resulting in an increase of revenues to $1.6 billion for the year, accompanied by an adjusted return on equity of 15.2%. Notably, Fortegra, our specialty insurance business, achieved record res.

Tiptree Announces Fourth Quarter 2023 Results

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, February 29, 2024 at 10:30 AM ET to discuss the Company's Q4 and FY 2023 results. A copy of the Q4 and FY 2023 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answe.

Tiptree to Hold Conference Call for Q4 and FY 2023 Results on Thursday, February 29, 2024

JACKSONVILLE, Fla. , Feb. 7, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced that due to prevailing market conditions and the high value Tiptree Inc. ("Tiptree") and Warburg Pincus LLC ("Warburg") place on Fortegra and its growth prospects, Tiptree and Warburg have decided to withdraw the registration statement relating to the previously announced initial public offering by Fortegra.

Fortegra Announces Withdrawal of Initial Public Offering

Wall Street is abuzz over the upcoming Fortegra initial public offering (IPO). Indeed, the specialty insurance company and subsidiary of Tiptree (NASDAQ: TIPT ), Fortegra Group, is set to go public this Thursday, Feb. 8.

TFG Stock IPO: When Does Fortegra Go Public? What Is the Fortegra IPO Price Range?

Tiptree Inc. has filed for The Fortegra Group, Inc. IPO, with Goldman Sachs and JPMorgan as lead underwriters. The proposed market cap for Fortegra is between $1.267 and $1.521 billion. Fortegra's Q4 Adjusted Net Income was $32.6 million, bringing full-year Adjusted N.I. to $115 million, a 38% increase from last year.

Tiptree: Fortegra IPO Roadshow Launched, Deal Looks Priced To Perform

JACKSONVILLE, Fla. , Jan. 29, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a multinational specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the launch of Fortegra's initial public offering.

Fortegra Announces Launch of Initial Public Offering

JACKSONVILLE, Fla. , Jan. 22, 2024 /PRNewswire/ -- The Fortegra Group, Inc. ("Fortegra" or the "Company"), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the appointment of Eric Halter as Senior Vice President, Business Development, and Bianca Hoshina as Chief Reinsurance Buyer.

Fortegra Appoints Eric Halter and Bianca Hoshina to Specialty Leadership Team

GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. ("Tiptree”) (NASDAQ:TIPT) announced the income tax treatment of its 2023 common stock distribution payments. Total 2023 distributions to common stockholders were $0.20 per share and are considered return of capital, as set forth below. CUSIP 88822Q103 FORM 1099-DIV Box 1a Box 1b Box 2a Box 2b Box 3 Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Qualified Dividends Capital Gain Distributions Unrecaptured Section 1250 Gain.

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