Trean Insurance Group, Inc. (TIG)
| Market Cap | 236.04M |
| Revenue (ttm) | 256.01M |
| Net Income (ttm) | 25.59M |
| Shares Out | 51.20M |
| EPS (ttm) | 0.51 |
| PE Ratio | 9.04 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 51,682 |
| Open | 4.79 |
| Previous Close | 4.56 |
| Day's Range | 4.52 - 5.09 |
| 52-Week Range | 3.19 - 10.99 |
| Beta | 0.37 |
| Analysts | Buy |
| Price Target | 6.97 (+51.2%) |
| Earnings Date | Aug 3, 2022 |
About TIG
Trean Insurance Group, Inc. underwrites specialty casualty insurance products in the United States. The company underwrites business, predominantly workers' compensation, accident and health, and medical professional liability products. It also offers a variety of services, including issuing carrier, claims administration, and reinsurance brokerage services. The company offers its products through program partners and managing general agents. Trean Insurance Group, Inc. was founded in 1996 and is based in Wayzata, Minnesota. [Read more...]
Financial Performance
In 2021, TIG's revenue was $217.69 million, an increase of 5.96% compared to the previous year's $205.45 million. Earnings were $19.33 million, a decrease of -78.17%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for TIG stock is "Buy." The 12-month stock price forecast is 6.97, which is an increase of 51.19% from the latest price.
News
Trean Insurance (TIG) Surpasses Q2 Earnings Estimates
Trean Insurance (TIG) delivered earnings and revenue surprises of 120% and 4.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Trean Insurance Group Reports Second Quarter 2022 Results
Net Income and Adjusted Net Income of $5.5 Million
Analysts Estimate Trean Insurance (TIG) to Report a Decline in Earnings: What to Look Out for
Trean Insurance (TIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Trean Insurance Group Announces Exclusive Partnership with Beat Capital
WAYZATA, Minn. and PORTSMOUTH, N.H., July 26, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean”), a leading provider of products and services to the specialty insurance market,...
Trean Insurance Group to Report Second Quarter 2022 Results on Wednesday, August 3, 2022
WAYZATA, Minn. , July 20, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will ...
Trean Insurance Group to Participate in the William Blair Growth Stock Conference
WAYZATA, Minn., June 03, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today Julie Baron, P...
Trean Insurance (TIG) Q1 Earnings Meet Estimates
Trean Insurance (TIG) delivered earnings and revenue surprises of 0% and 6.61%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Trean Insurance Group Reports First Quarter 2022 Results
Net Income of $12.3 Million, Diluted Earnings per Share of $0.24
Trean Insurance Group to Report First Quarter 2022 Results on Wednesday, May 4, 2022
WAYZATA, Minn., April 20, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will ...
Trean Insurance Group Appoints Philip I. Smith to Board of Directors
Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, announced today that its Board of Directors has appoi...
Trean Insurance Group Reports Fourth Quarter and Full Year 2021 Results, Provides 2022 Outlook
Full Year 2021 Net Income of $19.3 Million – 25 th Consecutive Profitable Year
Trean Insurance Group Announces Senior Management Changes
WAYZATA, Minn., March 09, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, an...
Trean Insurance Group to Report Fourth Quarter and Full Year 2021 Results on Wednesday, March 9, 2022
WAYZATA, Minn., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will r...
Benchmark Specialty Insurance Company Attains “A” Ratings From AM Best
WAYZATA, Minn., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that its subsi...
AM Best Assigns Credit Ratings to Benchmark Specialty Insurance Company, a New Member of Benchmark Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Benchmark Specialty Insurance Co...
Trean Insurance Group Launches New E&S Carrier, Benchmark Specialty Insurance Company
WAYZATA, Minn., Dec. 27, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that its subsi...
Trean Insurance (TIG) Q3 Earnings and Revenues Lag Estimates
Trean Insurance (TIG) delivered earnings and revenue surprises of -25.00% and -4.53%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Trean Insurance Group Reports Third Quarter 2021 Results
- 34.3% Year-over-Year Growth in Third Quarter 2021 Gross Written Premiums to $177.6 Million -
Trean Insurance Group to Report Third Quarter 2021 Results on Wednesday, November 10, 2021
WAYZATA, Minn., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will r...
3 Stock Picks With Growth Potential
Sealed Air, Trean Insurance Group and InfuSystems Holdings are trading close to or below their historical median valuations.
Trean Insurance Group Reports Second Quarter 2021 Results
- 43% Year-over-Year Growth in Second Quarter 2021 Gross Written Premiums to $156.6 Million -
Trean Insurance Group to Report Second Quarter 2021 Results on Wednesday, August 11, 2021
WAYZATA, Minn., July 28, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it will r...
Trean Insurance Group Promotes Julie Baron to President and Chief Operating Officer and Nicholas Vassallo to Chief Fi...
WAYZATA, Minn., June 14, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today that it is pro...
Trean Insurance Group Prices Secondary Offering of Common Stock
WAYZATA, Minn., May 19, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq:TIG) (“Trean”) today announced the pricing of a secondary offering of 5,000,000 shares of Trean common stock at a pri...
Trean Insurance Group Announces Secondary Offering of Common Stock
WAYZATA, Minn., May 17, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq:TIG) (“Trean”) today announced that the selling stockholders named in the preliminary prospectus are offering to sell...