Tiptree (NASDAQ:TIPT – Get Free Report) will be announcing its earnings results after the market closes on Wednesday, October 30th.
Tiptree (NASDAQ:TIPT – Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The financial services provider reported $0.53 earnings per share for the quarter. The company had revenue of $546.67 million for the quarter. Tiptree had a net margin of 1.62% and a return on equity of 11.97%.
Tiptree Stock Down 1.6 %
NASDAQ:TIPT opened at $19.71 on Friday. The firm’s 50 day moving average is $19.51 and its two-hundred day moving average is $17.94. Tiptree has a fifty-two week low of $14.74 and a fifty-two week high of $21.13. The company has a market cap of $725.03 million, a P/E ratio of 34.58 and a beta of 1.30.
Tiptree Announces Dividend
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of Tiptree from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, September 25th.
Check Out Our Latest Stock Analysis on TIPT
About Tiptree
Tiptree Inc, through its subsidiaries, provides specialty insurance products and related services primarily in the United States. It operates through two segments: Insurance and Mortgage. The company offers niche; commercial lines insurance products, including professional liability, general liability, contractual liability protection, property and other short-tail, and alternative risks insurance products; and personal lines insurance products, such as credit protection surrounding loan payments.
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