US Stock MarketDetailed Quotes
PRCH Porch Group
- 5.370
- +0.120+2.29%
Trading Dec 12 10:52 ET
641.95MMarket Cap-8.14P/E (TTM)
5.480High5.200Low325.98KVolume5.220Open5.250Pre Close1.74MTurnover0.33%Turnover RatioLossP/E (Static)119.54MShares5.70052wk High-8.34P/B530.84MFloat Cap1.05052wk Low--Dividend TTM98.85MShs Float27.500Historical High--Div YieldTTM5.33%Amplitude0.495Historical Low5.328Avg Price1Lot Size
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Porch Group Stock Forum
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Porch Group's Investor Day to Highlight 2026 $100m Adj EBITDA Target(1,2)
8 minutes ago, 5:30 AM PST
Via BusinessWire
Porch Group, Inc. ("Porch" or "the Company") (NASDAQ:PRCH), a homeowners insurance and vertical software platform, today shared details about its upcoming in-person Investor Day, scheduled for December 5, 2024 starting at 9am Eastern in New York and virtually.
The event will provide key updates and insights into the Company's strategy, growth plans...
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Positive
GAAP net income improved by $20.1M to $14.4M from a loss in Q3 2023
Adjusted EBITDA increased by $8.1M to $16.9M
Attritional loss ratio improved to 21% from 32% year-over-year
Premium per policy increased by 25%
Successfully repurchased $43M of debt at 47% of par value, saving $23M
Negative
Revenue declined 14% year-over-year to $111.2M
Policies in force decreased 34% to 219,000
Average monthly revenue per account decreased 8%
Average quarterly revenue per...
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