Tiptree Financial (TIPT)
NASDAQ:TIPT
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Tiptree Financial
(NASDAQ:TIPT)
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Rating:64Neutral
Price Target:
$18.50
▲(3.70% Upside)
Action:Reiterated
Date:05/01/26
Overall score reflects strong cash flow and a significantly de-risked balance sheet, supported by positive corporate actions (Fortegra transaction progress, buybacks/dividends). The main constraint is weaker recent operating performance, including a sharp TTM revenue drop and pressured profitability, while technicals and valuation are neutral to slightly supportive.
Positive Factors
Cash generation quality
Sustained operating cash flow that produces free cash flow roughly equal to reported earnings supports durable earnings quality. This cash convertibility funds dividends and buybacks, lowers reliance on external funding for underwriting float and investments, and provides a buffer across insurance cycles.
Negative Factors
Weakened operating performance
Negative gross profit and EBITDA in the trailing twelve months signal persistent pressure on underwriting or lending economics. If underlying margins don't recover, the company may struggle to convert top-line into sustainable earnings, eroding return on equity and limiting internal capital for growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation quality
Sustained operating cash flow that produces free cash flow roughly equal to reported earnings supports durable earnings quality. This cash convertibility funds dividends and buybacks, lowers reliance on external funding for underwriting float and investments, and provides a buffer across insurance cycles.
Read all positive factors
Tiptree Financial (TIPT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$634.18M
Dividend Yield1.31%
Average Volume (3M)209.81K
Price to Earnings (P/E)11.2
Beta (1Y)0.58
Revenue Growth-47.59%
EPS Growth-58.70%
CountryUS
Employees1,496
SectorFinancial
Sector Strength70
IndustryInsurance - Specialty
Share Statistics
EPS (TTM)1.15
Shares Outstanding37,570,076
10 Day Avg. Volume208,284
30 Day Avg. Volume209,810
Financial Highlights & Ratios
PEG Ratio0.50
Price to Book (P/B)1.35
Price to Sales (P/S)-666.23
P/FCF Ratio4.08
Enterprise Value/Market Cap1.07
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit1.47
Enterprise Value/Ebitda7.36
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tiptree Financial Business Overview & Revenue Model
Company Description
Tiptree Inc., through its subsidiaries, underwrites and administers specialty insurance products primarily in the United States. The company operates in two segments, Insurance and Mortgage. It offers niche commercial and personal lines insurance,...
How the Company Makes Money
Tiptree Financial makes money primarily through: (1) Insurance operations: earning premiums from insurance policies and generating underwriting income when premiums (net of reinsurance) exceed claims, loss adjustment expenses, and operating expens...
Tiptree Financial Earnings Call Summary
Earnings Call Date:Oct 30, 2024
(Q3-2024)
| % Change Since: |
Next Earnings Date:Aug 05, 2026
Earnings Call Sentiment Positive
The earnings call presented a strong financial performance with significant revenue and income growth, particularly in the insurance and investment segments. Although there were some challenges like a high tax rate and a tough environment for the mortgage business, the positive aspects significantly outweighed the negatives.Positive Updates
Revenue Growth
Year-to-date revenues increased by 28% from the prior year, driven by strong performance across the business sectors.
Negative Updates
High GAAP Tax Rate
Tiptree's GAAP tax rate for the quarter was 44%, though the effective tax rate was 28% when adjusted for book tax implications.
Read all updates
Q3-2024 Updates
Positive
Negative
Revenue Growth
Year-to-date revenues increased by 28% from the prior year, driven by strong performance across the business sectors.
Read all positive updates
Company Guidance
During the third quarter 2024 earnings call for Tiptree Inc., executives highlighted several key financial metrics that underscore the company's strong performance and future prospects. Year-to-date revenues increased by 28% compared to the previous year, while the adjusted return on equity reached 22%. Fortegra, Tiptree's insurance company, reported a 28% growth in revenue and a 38% rise in adjusted net income, with gross written premiums totaling $2.2 billion, marking a 10% increase year-over-year. The insurance segment maintained a robust combined ratio of 90%, demonstrating disciplined underwriting despite recent catastrophic events. Tiptree's investment portfolio amounted to $1.5 billion, predominantly invested in high-quality liquid fixed income securities, contributing to a book yield of 4.1%. Consolidated net income for the quarter was $11.9 million, a significant increase from $2.2 million in the prior year, with adjusted net income surging by 56% to $27.9 million. The company's mortgage business also showed resilience, with origination volumes rising modestly and contributing to profitability. Overall, Tiptree's book value per share increased by 18.6% from the prior year, bolstered by earnings growth and a recovery in Fortegra's fixed income portfolio.Tiptree Financial Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
70
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.05B | -1.03M | 2.04B | 1.65B | 1.40B | 1.20B |
| Gross Profit | 462.29M | -1.03M | 1.20B | 1.05B | 945.15M | 873.50M |
| EBITDA | 92.48M | -43.15M | 203.22M | 134.21M | 107.22M | 127.45M |
| Net Income | 30.32M | -38.91M | 53.37M | 13.95M | -8.27M | 38.13M |
Balance Sheet | ||||||
| Total Assets | 6.97B | 6.84B | 5.69B | 5.14B | 4.04B | 3.60B |
| Cash, Cash Equivalents and Short-Term Investments | 33.98M | 47.86M | 30.31M | 1.27B | 1.15B | 753.17M |
| Total Debt | 80.24M | 80.74M | 374.53M | 442.81M | 297.40M | 422.75M |
| Total Liabilities | 6.22B | 6.09B | 5.04B | 4.56B | 3.51B | 3.20B |
| Stockholders Equity | 504.28M | 508.55M | 457.70M | 416.87M | 397.37M | 382.95M |
Cash Flow | ||||||
| Free Cash Flow | 184.50M | 168.22M | 236.72M | 57.42M | 452.35M | 201.55M |
| Operating Cash Flow | 183.38M | 168.22M | 240.76M | 71.45M | 463.07M | 204.32M |
| Investing Cash Flow | -201.73M | -202.03M | -322.99M | -244.67M | 9.51M | -273.76M |
| Financing Cash Flow | -33.85M | 11.48M | 6.29M | 113.41M | -115.19M | 73.73M |
Tiptree Financial Technical Analysis
Negative
17.84
Price Trends
16.75
Positive
17.04
Negative
18.42
Negative
Market Momentum
-0.03
Positive
49.36
Neutral
33.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TIPT, the sentiment is Negative. The current price of 17.84 is above the 20-day moving average (MA) of 16.98, above the 50-day MA of 16.75, and below the 200-day MA of 18.42, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 49.36 is Neutral, neither overbought nor oversold. The STOCH value of 33.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TIPT.
Tiptree Financial Risk Analysis
Tiptree Financial disclosed 84 risk factors in its most recent earnings report. Tiptree Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Tiptree Financial Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $460.18M | 16.91 | 14.03% | 4.20% | 7.19% | 27.90% | |
69 Neutral | $676.67M | 23.71 | 27.46% | ― | 20.77% | ― | |
68 Neutral | $586.74M | 19.19 | 17.85% | 6.64% | 7.83% | -1.76% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | $634.18M | 11.22 | 6.01% | 1.31% | -47.59% | -58.70% | |
63 Neutral | $796.49M | 24.21 | 0.83% | 2.94% | 0.41% | -91.81% |
* Financial Sector Average
TIPT
Tiptree Financial
16.88
-4.57
-21.32%
AMSF
Amerisafe
31.37
-12.43
-28.38%
EIG
Employers Holdings
43.66
-3.48
-7.38%
ITIC
Investors Title Company
243.74
19.51
8.70%
HIPO
Hippo Holdings
25.99
3.87
17.50%
Tiptree Financial Corporate Events
Business Operations and StrategyM&A Transactions
Tiptree Finalizes Sale of Reliance First Capital Unit
Neutral
May 4, 2026
On May 1, 2026, Tiptree Inc. and its subsidiary Reliance Holdings LLC completed the sale of all issued and outstanding membership interests of Reliance First Capital LLC to Carrington Mortgage Services, LLC, for a cash consideration of $47,291,890...
Business Operations and StrategyStock BuybackDividendsFinancial DisclosuresM&A TransactionsRegulatory Filings and Compliance
Tiptree Amends Fortegra Sale Agreement and Updates Outlook
Positive
Apr 30, 2026
On April 28, 2026, Tiptree Inc. and DB Insurance amended their merger agreement for the $1.65 billion sale of Fortegra, removing the need for New York regulatory approval tied to South Bay Acceptance Corp. and instead requiring Fortegra to have SB...
Business Operations and StrategyExecutive/Board ChangesShareholder Meetings
Tiptree Shareholders Approve Incentive Plan and Governance Items
Positive
Apr 29, 2026
At its 2026 Annual Meeting of Stockholders held on April 28, 2026, Tiptree Inc. shareholders re-elected directors Paul M. Friedman, Randy Maultsby and Bradley E. Smith, and approved an amendment to the 2017 Omnibus Incentive Plan that extends the ...
Business Operations and StrategyDividendsFinancial DisclosuresM&A Transactions
Tiptree Reports Q4 Results and Declares Cash Dividend
Positive
Mar 6, 2026
Tiptree Inc., a diversified capital allocator focused on small and mid-market companies in sectors including insurance, asset management, specialty finance, real estate and shipping, reported its financial results for the fourth quarter and full y...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.