Trean Insurance Group (TIG) Stock Price

Trean Insurance Group Price

Delisted

Over the last 9 years Trean Insurance Group grew revenue by 33.7% annually, reaching 12.02 M USD. Earnings per share have declined at 10.4% per year over the last 3 years. For Trean Insurance Group, the net margin of -548.5% is down versus 24.9% a few years ago.

Trean Insurance Group stock price

Volume
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Stock Price

How to Read This Chart

This chart tracks the historical stock price of Trean Insurance Group over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Trean Insurance Group stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Trean Insurance Group's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Trean Insurance Group Stock Price History
DateTrean Insurance Group Price
Access this data via the Eulerpool API

Trean Insurance Group Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
102.52 M USD
40.53 M USD
31.29 M USD
Jan 1, 2020
132.26 M USD
99.52 M USD
90.77 M USD
Jan 1, 2021
219.92 M USD
15.19 M USD
19.33 M USD
Jan 1, 2022
12.02 M USD
-60.79 M USD
-65.96 M USD
Jan 1, 2023 (e)
282.65 M USD
31.16 M USD
27.65 M USD
Jan 1, 2024 (e)
341.38 M USD
40.71 M USD
33.62 M USD
Jan 1, 2025 (e)
344.13 M USD
49.75 M USD
49.53 M USD
Jan 1, 2026 (e)
350.54 M USD
55.57 M USD
62.63 M USD

Trean Insurance Group Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 28, 2026, 3:47 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
20132014201520162017201820192020202120222023e2024e2025e2026e
7.002.0030.001.0078.00102.00132.00219.0012.00282.00341.00344.00350.00
-71.431,400.00-96.677,700.0030.7729.4165.91-94.522,250.0020.920.881.74
-71.43-800.0020.00-3,700.0015.38100.00100.00100.00100.00100.00100.00100.00100.00
-8.00-5.00-16.006.00-37.0012.00102.00132.00219.0012.00282.00341.00344.00350.00
-14.00-12.00-22.00-3.00-60.0040.0099.0015.00-60.0031.0040.0049.0055.00
-171.43-1,100.00-10.00-6,000.0039.2275.006.85-500.0010.9911.7314.2415.71
-18.00-12.00-35.004.00-85.0019.0031.0090.0019.00-65.0027.0033.0049.0062.00
-33.33191.67-111.43-2,225.00-122.3563.16190.32-78.89-442.11-141.5422.2248.4826.53
51.0051.0051.0051.0051.0037.0037.0044.0051.0051.0051.0051.0051.0051.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Trean Insurance Group generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Trean Insurance Group retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Trean Insurance Group's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Trean Insurance Group has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Trean Insurance Group's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Trean Insurance Group stock margins

The Trean Insurance Group margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Trean Insurance Group. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Trean Insurance Group.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
100.00 %
0.00 %
24.87 %
Jan 1, 2019
100.00 %
39.53 %
30.52 %
Jan 1, 2020
100.00 %
75.24 %
68.63 %
Jan 1, 2021
100.00 %
6.91 %
8.79 %
Jan 1, 2022
100.00 %
-505.58 %
-548.53 %
Jan 1, 2023 (e)
100.00 %
11.03 %
9.78 %
Jan 1, 2024 (e)
100.00 %
11.93 %
9.85 %
Jan 1, 2025 (e)
100.00 %
14.46 %
14.39 %

Trean Insurance Group Stock Revenue, EBIT, Earnings per Share

The Trean Insurance Group earnings per share therefore indicates how much revenue Trean Insurance Group has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2018
2.12 USD
0.00 USD
0.53 USD
Jan 1, 2019
2.77 USD
1.10 USD
0.85 USD
Jan 1, 2020
3.01 USD
2.26 USD
2.06 USD
Jan 1, 2021
4.31 USD
0.30 USD
0.38 USD
Jan 1, 2022
0.24 USD
-1.19 USD
-1.29 USD
Jan 1, 2023 (e)
5.52 USD
0.61 USD
0.54 USD
Jan 1, 2024 (e)
6.67 USD
0.80 USD
0.66 USD
Jan 1, 2025 (e)
6.72 USD
0.98 USD
0.97 USD

Trean Insurance Group business model & stock analysis

The Trean Insurance Group Inc. is a US insurance company that specializes in specialty insurance. The company is headquartered in Wayzata, Minnesota and was founded in 1996 under the name Treanor Insurance. Since then, the company has become a renowned insurer with a wide portfolio of insurance services. History: In 1996, Trean Insurance was founded as an independent insurance broker, mainly focusing on brokering insurance policies for the construction industry. Over the years, the company has continued to develop and expand. In 2000, the company was acquired by an investment firm, resulting in a fundamental change in its business model. Trean Insurance became a specialty insurer specializing in niche markets. Business Model: Trean Insurance offers a wide range of specialty insurance products. These include construction insurance, transportation insurance, professional liability insurance, product liability insurance, and service insurance. These insurances are specifically tailored to the needs of the customers and provide customized coverage against various risks. The company does not engage in direct sales but works with a variety of insurance brokers and intermediaries. This allows it to offer a wide range of products tailored to the specific needs of customers. Different Divisions: Trean Insurance divides its products into two categories: standard insurance and specialty insurance. Standard insurance refers to insurance that protects customers against the most common risks, such as damage from natural disasters or theft. Specialty insurance, on the other hand, is tailored to the needs of specific industries or sectors. Construction Insurance: One of the main pillars of Trean Insurance's business model is offering construction insurance. These insurances are specifically tailored to the needs of construction companies and provide protection against risks such as property damage or personal injury. Customers can also optionally obtain coverage for legal disputes. Transportation Insurance: Trean Insurance also offers transportation insurance, which protects shipments and deliveries during transport. Customers can choose between different modes of transportation, such as air freight, sea freight, or rail transport. The insurance covers damages to the transport vehicle or the transported goods. Professional Liability Insurance: Professional liability insurance is tailored to the needs of specific professional groups and provides protection against claims for damages that may arise from professional activities. Trean Insurance offers professional liability insurance for a variety of industries and professions. Product Liability Insurance: Product liability insurance offers protection against claims for damages that may arise from faulty products. The company offers a wide range of product liability insurance tailored to the specific needs of customers. Service Insurance: Trean Insurance also offers service insurance, specifically tailored to the needs of service companies. These insurances protect against damages that may occur during the provision of services, such as errors, omissions, or delays. Conclusion: Trean Insurance is a specialty insurer that specializes in niche markets. The company offers a wide range of insurance services tailored to the specific needs of customers from different industries and sectors. With a focus on specialty insurance, the company provides customized solutions that are tailored to individual needs.

Trean Insurance Group SWOT Analysis

Strengths

Trean Insurance Group Inc boasts a strong financial position, with a solid balance sheet and healthy cash flow. This enables the company to effectively manage risks and capitalize on growth opportunities.

The company offers a diverse range of insurance products catering to different industries and customer segments. This comprehensive product portfolio allows Trean Insurance Group Inc to capture a larger market share and satisfy a wide range of customer needs.

Trean Insurance Group Inc has built a strong reputation in the insurance industry for its reliable services, proactive risk management, and customer-focused approach. The company's brand is well-recognized and trusted by customers, leading to increased customer loyalty and competitive advantage.

Weaknesses

Trean Insurance Group Inc primarily operates in a specific region or market, limiting its geographic reach and potential customer base. This dependence on a particular region exposes the company to regional fluctuations and economic conditions, which may impact its growth prospects.

Despite its strong offerings, Trean Insurance Group Inc holds a relatively smaller market share compared to some of its larger competitors. This can hinder the company's ability to negotiate favorable terms with suppliers, attract top talent, and invest in extensive marketing campaigns.

Opportunities

The insurance industry is experiencing a growing demand for various insurance products and services. Trean Insurance Group Inc can leverage this opportunity by expanding its product offerings, targeting new customer segments, and exploring untapped markets to drive business growth and increase market share.

Rapid advancements in technology are revolutionizing the insurance sector. Trean Insurance Group Inc can embrace these technological advancements by investing in digitalization, data analytics, and artificial intelligence to improve operational efficiency, enhance underwriting processes, and deliver personalized customer experiences.

Threats

The insurance industry is highly competitive, with numerous players vying for market share. Trean Insurance Group Inc faces the risk of losing customers to competitors offering similar products or competitive pricing. To mitigate this threat, the company must continuously innovate, differentiate its offerings, and provide superior customer service.

The insurance industry is subject to stringent regulations and compliance requirements. Trean Insurance Group Inc must stay updated with changing regulatory frameworks and devote resources to ensure full compliance. Non-compliance could result in penalties, reputational damage, and restrictions on business operations.

Trean Insurance Group Segments

Trean Insurance Group Revenue by Segment

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Brokerage
Third-party administrator fees
Managing general agent fees
Consulting fees
Details
Date
Brokerage
Third-party administrator fees
Managing general agent fees
Consulting fees
Jan 1, 2020
8.99 M USD
1.63 M USD
976,000.00 USD
504,000.00 USD

Trean Insurance Group Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Trean Insurance Group historical P/E ratio, EBIT multiple, and P/S ratio

Trean Insurance Group annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Trean Insurance Group shares outstanding

The number of shares of Trean Insurance Group was 51 M in 2025. This indicates how many shares Trean Insurance Group is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
37.00 M Stocks
Jan 1, 2019
37.00 M Stocks
Jan 1, 2020
44.00 M Stocks
Jan 1, 2021
51.00 M Stocks
Jan 1, 2022
51.00 M Stocks
Jan 1, 2023 (e)
51.00 M Stocks
Jan 1, 2024 (e)
51.00 M Stocks
Jan 1, 2025 (e)
51.00 M Stocks
Price targets and forecasts for Trean Insurance Group are not yet available.

Trean Insurance Group Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/1/20230.10USD-USD2023 Q2
5/2/20230.15USD-USD2023 Q1
3/7/20230.07USD65.75 MUSD2022 Q4
11/2/20220.09USD69.43 MUSD2022 Q3
8/3/20220.07USD71.46 MUSD2022 Q2
5/4/20220.16USD66.60 MUSD2022 Q1
3/9/20220.10USD136.51 MUSD2021 Q4
11/10/20210.18USD161.12 MUSD2021 Q3
8/11/20210.18USD151.31 MUSD2021 Q2
5/12/20210.19USD140.13 MUSD2021 Q1

Trean Insurance Group shareholder structure

% Name
46.91860%
Altaris Capital Partners, LLC
Altaris Capital Partners, LLC
7.13554%
Baker (Blake)
Baker (Blake)
6.85329%
O'Brien (Andrew)
O'Brien (Andrew)
2.75750%
Millennium Management LLC
Millennium Management LLC
2.45611%
Highland Capital Management Fund Advisors, L.P.
Highland Capital Management Fund Advisors, L.P.
2.15276%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
...

Trean Insurance Group Executives and Management Board

JB

Ms. Julie Baron

(55)

President, Chief Executive Officer, Director · since 2015

Compensation1.11 M USD
AB

Mr. Andrew O' Brien

(70)

Executive Chairman of the Board · since 1996

Compensation767,182.00 USD
MS

Mr. Matthew Spencer

(45)

Chief Information, Security Officer

Compensation727,438.00 USD
TM

Mr. Terry Mayotte

(62)

Independent Director

Compensation115,372.00 USD
SL

Mr. Steven Lee

(70)

Director · since 2016

Compensation111,622.00 USD

Trean Insurance Group Supply Chain

Trean Insurance Group Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
6 companies
#Name1M3M6M1Y2YTrend
1
0.52
0.76
0.67
0.86
2
-0.22
-0.50
-0.62
-0.88
3
Markel
Supplier
-0.36
-0.68
-0.86
-0.68
4
First Insurance
Supplier
-0.77
-0.37
0.56
0.84
5
Swiss Re
Supplier
0.11
-0.64
0.50
-0.17

Frequently asked questions about Trean Insurance Group

The business model of Trean Insurance Group Inc. is focused on providing specialty insurance products and services to clients in the property and casualty insurance industry. The company specializes in offering customized insurance solutions for various risks, including commercial auto liability, workers' compensation, and general liability. Trean Insurance Group aims to enhance profitability by underwriting and managing a diverse portfolio of insurance products while maintaining excellent customer service and risk management practices. With its specialized focus and comprehensive approach, Trean Insurance Group Inc. strives to deliver value to its customers and generate sustainable long-term growth.

All fundamentals and in-depth analysis of Trean Insurance Group

Our stock analysis for Trean Insurance Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Trean Insurance Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.