Porch Group, Inc. (PRCH)
| Market Cap | 319.14M |
| Revenue (ttm) | 430.30M |
| Net Income (ttm) | -133.93M |
| Shares Out | 97.60M |
| EPS (ttm) | -1.39 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,044,214 |
| Open | 3.220 |
| Previous Close | 3.220 |
| Day's Range | 3.155 - 3.380 |
| 52-Week Range | 0.495 - 4.780 |
| Beta | 2.15 |
| Analysts | Strong Buy |
| Price Target | 6.75 (+106.42%) |
| Earnings Date | May 8, 2024 |
About PRCH
Porch Group, Inc., together with its subsidiaries, operates a vertical software and insurance platform in the United States. The company operates in two segments, Vertical Software and Insurance. The Vertical Software segment provides software and services to inspection, mortgage, and title companies on a subscription and transactional basis, as well as move and post-move services. This segment offers inspection software and services, title insurance software, mortgage software, moving services, mover and homeowner marketing, and measurement so... [Read more]
Financial Performance
In 2023, Porch Group's revenue was $430.30 million, an increase of 55.94% compared to the previous year's $275.95 million. Losses were -$133.93 million, -14.45% less than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for PRCH stock is "Strong Buy." The 12-month stock price forecast is $6.75, which is an increase of 106.42% from the latest price.
News
Porch Group Announces Inspection Product Enhancements and Price Increases
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced product enhancements and price increases i...
CE 100 Index Adds 1% as Porch Group Extends Post-Earnings Rally
The CE 100 Index was 1% higher on the week, as a majority of pillars finished in the black. Porch Group soared 14%, powering the “Live” pillar 1.7% higher and continuing a post-earnings rally that ha...
Porch Group Attendance At Various Upcoming Investor Events
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced its upcoming investor event attendance. Po...
Porch Group Earnings Show Resilience for InsurTech Category
InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance and vertical software platform...
Porch Group Reports Fourth Quarter 2023 Results
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today reported fourth quarter results ended December...
Porch Group to Release Fourth Quarter 2023 Earnings on March 7, 2024
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Receives $25M with Signing of Strategic Agreement with Aon
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Launches New Product in the Rynoh Title Platform
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
HireAHelper U.S. Migration Study Shows 2023 Had Fewest Number of Moves Nationwide Since the 1940s
SAN DIEGO--(BUSINESS WIRE)--The online moving marketplace HireAHelper, a Porch Group (NASDAQ: PRCH) company, today announced the findings of its sixth annual U.S. migration study. The study examines o...
Porch Group Announces New Partnerships and Growth in its Utilities Channel
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Announces New Warranty Partnerships and Products
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Releases Its Initial Environmental, Social and Governance Report
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Insurance Carrier, HOA, Receives ‘A, Exceptional' Financial Stability Rating
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Porch Group Is Attending Various Investor Events This Quarter
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch”, “Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today ...
Insurance Segment Drives 195% Year-Over-Year Growth for Porch Group
Seattle-based vertical software company Porch Group announced Tuesday (Nov. 7) its financial results for the third quarter of 2023. The company reported total revenue of $129.6 million, representing a...
Porch Group Reports Third Quarter 2023 Results
SEATTLE--(BUSINESS WIRE)--Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported ...
Porch Group insurance carrier, HOA released from TDI Supervision
SEATTLE, Nov. 02, 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 i...
Porch Group to Release Third Quarter 2023 Earnings on November 7, 2023
SEATTLE, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group,” “Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance i...
Porch Group announces cash investment in HOA, its insurance carrier
SEATTLE, Sept. 27, 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 ...
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...