US Stock MarketDetailed Quotes
PRCH Porch Group
- 4.680
- -0.390-7.69%
Close Jan 8 16:00 ET
559.46MMarket Cap-7.09P/E (TTM)
5.132High4.600Low1.92MVolume5.010Open5.070Pre Close9.15MTurnover1.95%Turnover RatioLossP/E (Static)119.54MShares6.03552wk High-7.27P/B462.80MFloat Cap1.05052wk Low--Dividend TTM98.89MShs Float27.500Historical High--Div YieldTTM10.49%Amplitude0.495Historical Low4.756Avg 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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