Tiptree

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

Earnings data Q1 2021

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Earnings data Q4 2024

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

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

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

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

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

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

Tiptree plans Fortegra IPO after strong Q3 performance

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

Tiptree reports robust 2023 performance, eyes growth amid challenges

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

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

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

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

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

Tiptree excels in Q3 with revenue surge and underwriting strength

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

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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.

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

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

Tiptree: Stock Now At 50% Discount To Sum Of The Parts

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the quarter and year ended December 31, 2021. “2021 was one of Tiptree's best years since its founding in June 2007. Tiptree's revenues, earnings and total return to shareholders all set records. More specifically, our specialty insurer, Fortegra also produced record results, with adjusted return on equity of 22% while growing premiums and equivalents at 32%. Importantly

Tiptree Reports Fourth Quarter and 2021 Results

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, March 10, 2022 at 9:00 AM ET to discuss the Company's Q4 and FY2021 results. A copy of the Q4 and FY2021 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 cal

Tiptree to Hold Conference Call for Q4 and FY2021 Results on Thursday, March 10, 2022

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) announced the income tax treatment of its 2021 common stock distribution payments. Total 2021 distributions to common stockholders were $0.16 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 Nondividend Distr

Tiptree Inc. Announces Tax Treatment of 2021 Common Stock Distributions

Continued underwriting growth and improved combined ratio/ROE's at Fortegra Insurance.

Tiptree: Another Great Operational Quarter Accompanies The Value Monetization

Tiptree Inc. (TIPT) CEO Jonathan Ilany on Q3 2021 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced its financial results for the three and nine months ended September 30, 2021. “Our performance in the third quarter reflects the strength and diversification of our underlying operating businesses,” said Tiptree Executive Chairman, Michael Barnes. "Fortegra's revenues have grown 50% this year and with our recently announced strategic partnership, we believe Fortegra will continue to produce best-

Tiptree Reports Third Quarter and Nine-Month 2021 Results

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NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, November 4, 2021, at 9:00 AM ET to discuss the Company's Q3 2021 results. A copy of the Q3 2021 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call, please

Tiptree to Hold Conference Call for Q3 2021 Results on Thursday, November 4, 2021

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”) today announced that Richard Kahlbaugh, CEO of The Fortegra Group, and Sandra Bell, CFO of Tiptree Inc. will participate in the virtual 25th Annual Insurance Conference hosted by the CFA Society of New York and Raymond James on Wednesday, November 10. Tiptree's presentation is scheduled to begin at 2:10 pm ET. For details and registration information, please visit https://www.cfany.org/event/25th-annual-insurance-conference/. In

Tiptree Inc. to Present at the 2021 CFANY Insurance Conference on Wednesday, November 10

10,666,667 @ $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.

Tiptree: Monetizing A Piece Of The Biggest Asset And Demonstrating Enormous Sum Of The Parts

The stock price of Tiptree Inc (NASDAQ: TIPT) increased by over 32% during intraday trading today. This is why it happened.

TIPT Stock: Why It Drastically Increased Today

The company announced a strategic partnership with private equity firm Warburg Pincus.

Why Shares of Tiptree Are Soaring Today

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), today announced a $200 million strategic investment in its insurance subsidiary, The Fortegra Group, LLC (“Fortegra”) from Warburg Pincus, a leading global growth investor. The investment will give Warburg Pincus an approximate 24% ownership in Fortegra on a fully diluted basis and is expected to close in the first quarter 2022. This transaction highlights the underlying intrinsic value of Fortegra to Tiptree sh

Tiptree Announces Strategic Investment in Fortegra From Warburg Pincus LLC

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fortegra Europe Insurance Company (“Fortegra” or “Company”), a leading international specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”), today announced the registration of a branch office in Prague, Czech Republic. The establishment of which will further strengthen Fortegra's European presence. The Czech branch has all the regulatory approvals in place and is ready to write business in the Czech Republic, effective immediately. Fort

Fortegra Europe Establishes Czech Branch

JACKSONVILLE, Fla. & LONDON--(BUSINESS WIRE)--The Fortegra Group, LLC ("Fortegra" or the “Company”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the promotion of Mark Davies to Senior Vice President of Fortegra's Alternative Risk Team. In his expanded role, Davies will support programs with bespoke needs and demands. Davies has been with Fortegra since 2017, most recently serving as Vice President of Specialty Product Underwriting. He has been instr

Fortegra Expands Alternative Risk Team

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (“Tiptree”) today announced Sandra Bell, CFO and Scott McKinney, Investor Relations will participate in the virtual Midwest IDEAS Investor Conference on Wednesday, August 25th, 2021. Tiptree's presentation will be webcasted and is scheduled to be available at 8:00 am ET on August 25th. The presentation can be accessed through the investor relations section of Tiptree's website: http://www.tiptreeinc.com and on the IDEAS conference website:

Tiptree Inc. to Present Virtually and Host 1x1 Investor Meetings at the 12th Annual Midwest IDEAS Investor Conference on Wednesday, August 25th

Tiptree, Inc. (TIPT) CEO Jonathan Ilanay on Q2 2020 Results - Earnings Call Transcript

The stock price of Tiptree Inc. (NASDAQ: TIPT) increased by 8.35%. This is why it happened.

TIPT Stock Price Increased 8.35%: Why It Happened

Excellent underwriting growth and combined ratio at Fortegra Insurance.

Tiptree: Great Operational Quarter, Waiting On Corporate Action To Unlock Value

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”), a holding company that combines specialty insurance operations with investment management, today announced its financial results for the three and six months ended June 30, 2021. “Our second-quarter performance was a continuation of positive trends we have experienced over the past year,” said Tiptree Executive Chairman, Michael Barnes. “Fortegra had an extremely strong first half with premium and equivalents gr

Tiptree Reports Second Quarter and Six-Month 2021 Results

NEW YORK--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ:TIPT) (the “Company”) will hold a conference call and live webcast on Thursday, August 5, 2021 at 9:00 AM ET to discuss the Company's Q2 2021 results. A copy of the Q2 2021 investor presentation, to be used during the conference call, will be available in the Investor Relations section of the Company's website prior to the call, located at www.tiptreeinc.com. If you have a question for management that you would like answered on the call, please su

Tiptree to Hold Conference Call for Q2 2021 Results on Thursday, August 5, 2021

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Fortegra Financial Corporation (“Fortegra”), a leading specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), announced today that it is now the exclusive vehicle service contract provider for Motorpoint, UK's largest independent car retailer. “We selected Fortegra Europe because of Fortegra's overall financial strength and stability,” said Jon Baird, Chief Commercial Officer at Motorpoint. “After several years with our previous provider, we were r

Fortegra Europe Selected as Exclusive Extended Warranty and Add-On Insurance Product Provider for Motorpoint

JACKSONVILLE, Fla.--(BUSINESS WIRE)--The Fortegra Group, LLC (“Fortegra”), a global specialty insurer and subsidiary of Tiptree Inc. (NASDAQ: TIPT), today announced the expansion of their partnership with Badcock Home Furniture &more (“Badcock”). For almost 15 years, Fortegra has been providing Badcock customers with both credit insurance and furniture service contracts. By replacing the previous provider of service contracts on appliances & electronics, Fortegra will now be the exclusi

Fortegra Announces Expansion of Partnership with Badcock Home Furniture &more - Named Exclusive Provider of Service Contracts and Credit Insurance Products

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