Trean Insurance Group, Inc. (TIG)

NASDAQ: TIG · IEX Real-Time Price · USD
4.61
+0.05 (1.10%)
Aug 18, 2022 4:00 PM EDT - Market closed
1.10%
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...]

Industry Biotechnology
IPO Date Jul 16, 2020
Employees 355
Stock Exchange NASDAQ
Ticker Symbol TIG
Full Company Profile

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 Statements

Analyst 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.

Price Target
$6.97
(51.19% upside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: INFUSEE

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...