Trean Insurance Group, Inc. (TIG)
| Market Cap | 530.16M |
| Revenue (ttm) | 243.00M |
| Net Income (ttm) | 86.36M |
| Shares Out | 51.15M |
| EPS (ttm) | 1.81 |
| PE Ratio | 5.77 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 18,119 |
| Open | 10.36 |
| Previous Close | 10.37 |
| Day's Range | 10.36 - 10.63 |
| 52-Week Range | 8.41 - 19.57 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 17.67 (+69.2%) |
| Est. Earnings Date | Nov 11, 2021 |
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 programs and managing general agents. Trean Insurance Group, Inc. was founded in 1996 and is based in Wayzata, Minnesota.
Financial Performance
In 2020, TIG's revenue was $202.11 million, an increase of 97.15% compared to the previous year's $102.52 million. Earnings were $90.77 million, an increase of 190.14%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for TIG stock is "Buy." The 12-month stock price forecast is 17.67, which is an increase of 69.22% from the latest price.
News
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 to Participate in the William Blair Growth Stock Conference
WAYZATA, Minn., May 25, 2021 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG), a leading provider of products and services to the specialty insurance market, announced today Andrew O'Brien,...
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...
Trean Insurance Group Reports First Quarter 2021 Results
- 36% Year-over-Year Growth in First Quarter 2021 Gross Written Premiums to $146.7 Million -
Trean Insurance Group to Report First Quarter 2021 Results on Wednesday, May 12, 2021
WAYZATA, Minn., April 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 ...
AM Best Assigns Credit Ratings to 7710 Insurance Company, a New Member of Benchmark Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Ratings of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to 7710 Insurance Company (7710) (Summerton, SC). The outlo...
Trean Insurance Group Reports Fourth Quarter and Full Year 2020 Results
- 37% Year-over-Year Growth in Fourth Quarter 2020 Gross Written Premiums to $134.5 Million -
Trean Insurance Group to Report Fourth Quarter and Full Year 2020 Results on Wednesday, March 24, 2021
WAYZATA, Minn., Feb. 23, 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...
5 Insurance Companies Trading With Low Price-Earnings Ratios
As of Feb. 8, the GuruFocus All-in-One Screener, a Premium feature, found that the following guru-owned insurance companies have low price-earnings ratios. While some of them are great value investments...
Trean Insurance Group Reports Third Quarter 2020 Results
- 23 % Year-over-Year Growth in Gross Written Premiums to $ 132 . 3 Million -
Trean Insurance Group to Report Third Quarter 2020 Results on Thursday, November 12, 2020
WAYZATA, Minn., Nov. 03, 2020 (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 Completes Acquisition of 7710 Insurance Company
WAYZATA, Minn., Oct. 02, 2020 (GLOBE NEWSWIRE) -- Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, tod...
Trean Insurance's (TIG) CEO Andrew O'Brien on Q2 2020 Results - Earnings Call Transcript
Trean Insurance's (TIG) CEO Andrew O'Brien on Q2 2020 Results - Earnings Call Transcript
Trean Insurance Group Reports Second Quarter 2020 Results
Grows Gross Written Premiums by 5% to $109.6 Million Despite COVID-19 Environment Grows Gross Written Premiums by 5% to $109.6 Million Despite COVID-19 Environment
Trean Insurance Group to Report Second Quarter 2020 Results on Thursday, August 27, 2020
WAYZATA, Minn., Aug. 20, 2020 (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...
AM Best Assigns Issuer Credit Rating to Trean Insurance Group, Inc.; Affirms Credit Ratings of Benchmark Insurance Gr...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” to Trean Insurance Group, Inc.