Added to YB: 2026-03-25
Pitch date: 2026-03-23
TIPT [bullish]
Tiptree Inc.
+1.8%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
Tiptree Inc. does not have significant operations. Previously, it was engaged in the provision of specialty insurance products.
Market Cap
$595.8M
Pitch Price
$16.12
Price Target
N/A
Dividend
1.53%
EV/EBITDA
-19.86
P/E
-15.13
EV/Sales
-865.49
Sector
Insurance
Category
special_situation
Two Special Situations to Park Cash (With Upside) - Tiptree Inc.
TIPT (new position): Selling Fortegra stake to DB Insurance for $1.12B + mortgage unit for $50M = $24.40/sh pro-forma BV (mostly cash, zero debt) by 2Q25. Stock at $15.6 = 0.64x BV. Mgmt owns 35%+, turned $218M Fortegra buy (2014) into $1.1B sale (outpaced SPX). Catalyst: buybacks at 0.6x book or special div if M&A thin. Risks: deal close timing, capital allocation execution.
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