What is the price target for TIG stock?
11 analysts have analysed TIG and the average price target is 6.27 USD. This implies a price increase of 1.83% is expected in the next year compared to the current price of 6.16.
TREAN INSURANCE GROUP INC (TIG) Forecast, Price Target & Analyst Ratings
NASDAQ:TIG • US89457R1014
Current stock price
6.16 USD
+0.01 (+0.16%)
At close:
6.16 USD
0 (0%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TREAN INSURANCE GROUP INC (TIG).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- May 2, 2023
- Period
- Q1 / 2023
- EPS Estimate
- $0.13
- Revenue Estimate
Price Target Details & History
Consensus Price Target and Range
Mean target
$6.27
Upside
+ 1.83%
From current price of $6.16 to mean target of $6.27, Based on 11 analyst forecasts
Low
$6.21
Median
$6.27
High
$6.46
Price Target Revisions
1 Month
0.00%
3 Months
-13.07%
Price Target Summary
11 Wall Street analysts provided a forecast for the next 12 months for TIG. The average price target is 6.27 USD. This implies a price increase of 1.83% is expected in the next year compared to the current price of 6.16.
The average price target has been revised downward by 13.07% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
49.09%
TIG was analyzed by 11 analysts. The buy percentage consensus is at 49. So analysts seem to be rather neutral about TIG.
In the previous month the buy percentage consensus was at a similar level.
TIG was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-01-17 | JMP Securities | Downgrade | Market Outperform -> Market Perform |
| 2022-11-03 | JP Morgan | Maintains | Neutral |
| 2022-01-14 | JMP Securities | Maintains | Market Outperform |
| 2021-11-11 | JMP Securities | Maintains | Market Outperform |
| 2021-08-13 | JP Morgan | Upgrade | Neutral -> Overweight |
| 2021-08-12 | William Blair | Downgrade | Outperform -> Market Perform |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- May 2, 2023
- Period
- Q1 / 2023
- EPS Estimate
- $0.13
- Revenue Estimate
- N/A
- Revenue Q2Q
- N/A
- EPS Q2Q
- -21.09%
- Number of Analysts
- 3
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
25.00%
EPS (3 Months)
-16.67%
Next Earnings Summary
TIG is expected to report earnings on 5/2/2023. The consensus EPS estimate for the next earnings is 0.13 USD and the consensus revenue estimate is null USD.
Full Analyst Estimates 2023 - 2024
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 120.8M 26.36% | 220.028M 82.14% | 313.87M 42.65% | 289.87M -7.65% | 341.38M 17.77% | |
| EBITDA YoY % growth | 33.59M 4.38% | 34.035M 1.32% | 23.107M -32.11% | N/A | N/A | |
| EBIT YoY % growth | 30.1M -3.83% | 27.202M -9.63% | 16.289M -40.12% | 31.164M 91.32% | 40.713M 30.64% | |
| Operating Margin | 24.92% | 12.36% | 5.19% | 10.75% | 11.93% | |
| EPS YoY % growth | N/A | 0.43 -34.25% | 0.16 -62.79% | 0.53 230.35% | 0.66 24.20% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q1 / 23 | Q2 / 23 | Q3 / 23 | Q4 / 23 | |
|---|---|---|---|---|
| EPS Q2Q % growth | 0.13 -21.09% | 0.10 -12.77% | 0.13 14.77% | 0.19 184.93% |
| Revenue Q2Q % growth | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 6.06M -62.11% | 6.06M -3.29% | 6.06M -42.23% | 11.11M 167.44% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
TREAN INSURANCE GROUP INC / TIG Forecast FAQ
Can you provide the upcoming earnings date for TREAN INSURANCE GROUP INC?
TREAN INSURANCE GROUP INC (TIG) will report earnings on 2023-05-02, after the market close.
What is the consensus rating for TREAN INSURANCE GROUP INC (TIG) stock?
The consensus rating for TREAN INSURANCE GROUP INC (TIG) is 49.0909 / 100 . This indicates that analysts generally have a neutral outlook on the stock.