The Fortegra Group, Inc. (TFG)

The Fortegra Group was planning to go public, but the IPO was withdrawn on Feb 7, 2024.
IPO Price Range
$15.00 - $18.00
Shares Offered
18,000,000
Deal Size
$297.00M
Chart not available yet
Data will show when the stock starts trading.
Market Cap 1.39B
Revenue (ttm) 1.51B
Net Income (ttm) 81.96M
Shares Out 84.45M
EPS (ttm) 0.97
PE Ratio 17.00
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume n/a
Open n/a
Previous Close n/a
Day's Range n/a
52-Week Range n/a
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About TFG

The Fortegra Group is a growing, highly profitable and multinational specialty insurance company focused on underwriting complex and niche risks in underserved markets. Founded in 1978, we have a long-standing track record of disciplined and stable underwriting results while generating strong growth and attractive returns on capital. We are an underwriting-focused company, with deep expertise within the admitted and excess and surplus insurance lines and capital light fee-based services markets. We target moderate risk limits and utilize a soph... [Read more]

Sector Financials
Founded 1978
Employees 1,100
Stock Exchange NYSE
Ticker Symbol TFG
Full Company Profile

Financial Performance

In 2022, The Fortegra Group's revenue was $1.25 billion, an increase of 26.89% compared to the previous year's $984.13 million. Earnings were $46.42 million, a decrease of -4.78%.

Financial Statements

News

KBRA Assigns Rating to Junior Subordinated Notes Issued by The Fortegra Group, Inc.

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of "BBB-" with Stable outlook to the 9.25% fixed rate resetting junior subordinated notes due 2064 ("Notes") issued by The Forteg...

6 weeks ago - Business Wire

Tiptree: Fortegra On Fire

Net written premiums growing over 15% at Fortegra. Fortegra earnings likely to exceed $150 million this year. Flow through to Tiptree can easily lead to a double in the stock.

7 weeks ago - Seeking Alpha

Tiptree: Another Fortegra IPO Pulled, Disappointing But Value Still Building

Fortegra IPO pulled, shocking turn of events. Q4 numbers show strong performance for Tiptree. Possibility of exposing Fortegra's value through alternative route.

11 months ago - Seeking Alpha

U.S. IPO Weekly Recap: Amer Sports' Billion-Dollar U.S. IPO Leads A Week Of Large Listings

Sports equipment and apparel maker Amer Sports priced below the range to raise $1.3 billion at a $6.4 billion market cap. CNS disorder biotech Alto Neuroscience priced its upsized IPO at the top of th...

11 months ago - Seeking Alpha

Tiptree: Fortegra IPO Roadshow Launched, Deal Looks Priced To Perform

Tiptree Inc. has filed for The Fortegra Group, Inc. IPO, with Goldman Sachs and JPMorgan as lead underwriters. The proposed market cap for Fortegra is between $1.267 and $1.521 billion. Fortegra's Q4 ...

Other symbols: TIPT
11 months ago - Seeking Alpha

Warburg Pincus-backed Fortegra Group aims to raise $324 million in US IPO

Fortegra Group, backed by private equity firm Warburg Pincus, said on Monday it was aiming to raise up to $324 million in an initial public offering in New York.

11 months ago - Reuters

U.S. IPO Weekly Recap: IPO Market Sees A Little Activity In The Short Holiday Week

Skincare company Elevai Labs priced at the low end to raise $6 million at a $69 million market cap. Colombier Acquisition Corp. II upsized to raise $150 million. Several issuers are primed for post-Th...

Other symbols: ELABROTRSDHCWAYZK
1 year ago - Seeking Alpha

U.S. IPO Weekly Recap: Smaller Deals Slip Through The IPO Window Before The Thanksgiving Break

Four smaller IPOs priced this past week, joined by one SPAC. The biggest news came from the pipeline, with product assessment services provider UL Solutions filing for an estimated $1 billion IPO, fol...

1 year ago - Seeking Alpha

U.S. IPO Weekly Recap: Reinsurance And CAR T Therapies Lead A 3 IPO Week

Three IPOs and two SPACs debuted this week, while the pipeline got a boost from a flurry of initial filings. Oncology biotech CARGO Therapeutics priced at the bottom of the range to raise $281 million...

1 year ago - Seeking Alpha

The Fortegra Group Restarts $100+ Million IPO Effort

The Fortegra Group has refiled for an IPO to raise $100 million in gross proceeds from the sale of its common stock. The company offers specialty insurance and product warrant insurance services to bu...

1 year ago - Seeking Alpha

Tiptree Announces Fortegra Filing of Registration Statement for Initial Public Offering

Tiptree Inc. (NASDAQ:TIPT) today announced that its specialty insurance subsidiary, The Fortegra Group, Inc. has publicly filed a Registration Statement on Form S-1...

1 year ago - Business Wire

The Fortegra Group IPO Registration Document (S-1)

The Fortegra Group has filed to go public with an IPO on the New York Stock Exchange (NYSE)

1 year ago - SEC