Porch Group, Inc. (PRCH)
| Market Cap | 75.29M |
| Revenue (ttm) | 328.75M |
| Net Income (ttm) | -250.09M |
| Shares Out | 98.43M |
| EPS (ttm) | -2.59 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 37,690 |
| Open | 0.762 |
| Previous Close | 0.750 |
| Day's Range | 0.750 - 0.770 |
| 52-Week Range | 0.710 - 3.990 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 5.80 (+658.27%) |
| Earnings Date | Nov 7, 2023 |
About PRCH
Porch Group, Inc. operates a software platform in the United States and Canada. The company operates through two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to home services companies and gives early access to homebuyers and homeowners. It offers services to home services companies, such as home inspectors, mortgage companies and loan officers, and title companies; consumers, such as homebuyers and homeowners, service providers, such as moving, insurance, warranty, and security compani... [Read more]
Financial Performance
In 2022, Porch Group's revenue was $275.95 million, an increase of 43.40% compared to the previous year's $192.43 million. Losses were -$156.56 million, 46.9% more than in 2021.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PRCH stock is "Buy." The 12-month stock price forecast is $5.8, which is an increase of 658.27% from the latest price.
News
Porch Group announces an update in HOA, its insurance carrier
SEATTLE, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance ...
PRCH Stockholders: Robbins LLP Reminds Investors it is Investigating the Officers and Directors of Porch Group, Inc.
SAN DIEGO--(BUSINESS WIRE)---- $PRCH #PTAC--Robbins LLP Reminds Investors it is Investigating the Officers and Directors of Porch Group, Inc.
Porch Group, Inc. (PRCH) Stock News: Robbins LLP is Investigating the Officers and Directors of Porch Group, Inc. on Behalf of Investors
SAN DIEGO--(BUSINESS WIRE)---- $PRCH #PorchAcquisitionCorp--Robbins LLP is Investigating the Officers and Directors of Porch Group, Inc. on Behalf of Investors.
Porch Group Reports Second Quarter 2023 Results
$99 Million Revenue, With Growth of 39% Year-Over-Year Operating Results Impacted By Extreme Weather, Otherwise In Line with Management Expectations SEATTLE, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Porch Gr...
Porch Group announces catastrophic weather events impact for Q2 2023, and will release second quarter 2023 earnings on August 8, 2023
SEATTLE, July 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, ahea...
Porch Group announces changes to existing Independent Board member appointments
SEATTLE, June 13, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, toda...
Porch Group Reports First Quarter 2023 Results
$87 Million Revenue, With Growth Of 37% Year-Over-Year. Adjusted EBITDA In Line With Expectations. Insurance Carrier Top Decile 2022 Combined Loss Ratio and Growth Performance.
Porch Group Announces $333 Million Convertible Notes Financing
Reduces Medium Term Debt Maturity with Repurchase of $200 Million Principal Amount of Existing Notes Reduces Medium Term Debt Maturity with Repurchase of $200 Million Principal Amount of Existing Note...
Porch Group files application to form a reciprocal insurance exchange
Reciprocal exchange to bolster Porch's plans to enhance capital efficiency and mitigate direct exposure to insurance claims and weather events Reciprocal exchange to bolster Porch's plans to enhance c...
Porch Group Reports Fourth Quarter 2022 Results
- Reports $64.1 Million of Revenue, Growth of 24% Year-Over-Year
V12 Rebrands to Porch Group Media Reflecting Transformation to a Managed Media Network Providing Proprietary First-Party Audiences and Media Capabilities
Porch Group Media Delivers Early and Proprietary Access to more than 90% of U.S. Movers and Homeowners, launching the First Media Network to Target Movers and Homeowners TAMPA, Fla. , Feb. 27, 2023 /...
Porch Group's Inspection Support Network Launches App to Enable Homeowners to Easily Manage Their Home Using Their Inspection Report
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc., (NASDAQ: PRCH) (“Porch Group”), a leading vertical software company reinventing the home services and insurance industries, today announced the launch of...
Porch Group Reports Third Quarter 2022 Results
- Reports $75.4 Million of Revenue, up 20% Year-Over-Year
Porch Group Appoints Shawn Tabak as new Chief Financial Officer
Tabak, Accomplished Finance Executive, Brings Two Decades of Strategic Technology Industry Focused Experience to Porch Group Tabak, Accomplished Finance Executive, Brings Two Decades of Strategic Tech...
V12, a Porch Group Company, Partners with Strategus to Expand Media Advertising Solution through Connected TV Offering
First Private Media Solution to offer Advanced CTV to Target Actively Shopping Movers and Homeowners Audiences TAMPA, Fla. , Oct. 27, 2022 /PRNewswire/ -- V12, an audience and marketing solutions prov...
Porch Group Sets Third Quarter 2022 Earnings Call for Tuesday, November 8, 2022, at 5:00 pm ET
SEATTLE, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries...
V12, a Porch Group Company, Publishes 2022 New Mover Trends Report
V12 Identifies New Opportunities for Brands to Engage Movers Across the Move Journey 90% of New Movers Willing to Try New Brands for Moving Goods and Services TAMPA, Fla. , Oct. 11, 2022 /PRNewswire/ ...
The Porch Group Debuts The Wraparound, a New Podcast Series Spotlighting the Home Inspection Industry
SEATTLE--(BUSINESS WIRE)--The Porch Group debuts The Wraparound, a new podcast series spotlighting the home inspection industry.
Porch Group Appoints Amanda Reierson and Camilla Velasquez to Board of Directors as Independent Directors
Appointees Bring Strong Marketing, Direct-to-Consumer and Product Growth Leadership to Porch Group Appointees Bring Strong Marketing, Direct-to-Consumer and Product Growth Leadership to Porch Group
Porch Group Announces New Business Unit Leadership Appointments
• Nick Graham as Senior Vice President and Group General Manager, Moving Group• Mindy Barker as Chief Financial Officer at Homeowners of America
Porch Pro Integrates with MarketSharp to Save Home Contractors Time and Money
SEATTLE, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Porch Pro, a Porch Group (Nasdaq: PRCH) (“Porch Group”) business unit and lead generation marketplace, and MarketSharp, an EverPro solution by EverCommerce (...
Porch Group Reports Second Quarter 2022 Results
- Reports $70.8 Million of Revenue, up 38% Year-Over-Year
Porch Group to Present at the Oppenheimer 25th Annual Technology, Internet & Communications Conference
SEATTLE, July 22, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries...
Porch Group Sets Second Quarter 2022 Earnings Call for Tuesday, August 9, 2022, at 5:00 pm ET
SEATTLE, July 19, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries...
Porch Group's Homeowners of America Reaches National Expansion Milestone with Introduction of 20th State
Launch of Homeowners Insurance Offerings in Indiana Demonstrates Strong Execution of National Growth Strategy Launch of Homeowners Insurance Offerings in Indiana Demonstrates Strong Execution of Natio...