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Last $19.21 USD
Change Today +0.05 / 0.26%
Volume 6.7K
GTS On Other Exchanges
Symbol
Exchange
Berlin
As of 10:32 AM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

triple-s management corp-b (GTS) Snapshot

Open
$19.21
Previous Close
$19.16
Day High
$19.31
Day Low
$19.04
52 Week High
01/28/15 - $25.49
52 Week Low
04/30/14 - $14.70
Market Cap
511.1M
Average Volume 10 Days
93.2K
EPS TTM
$1.94
Shares Outstanding
24.2M
EX-Date
--
P/E TM
9.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for TRIPLE-S MANAGEMENT CORP-B (GTS)

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triple-s management corp-b (GTS) Details

Triple-S Management Corporation, through its subsidiaries, provides various managed care and related products in the commercial and Medicare markets in Puerto Rico, the United States. The company operates through three segments: Managed Care, Life Insurance, and Property and Casualty Insurance. It offers various managed care products, including health maintenance organization plans; preferred provider organization plans; BlueCard program; Medicare Supplement products; Medicare Part D, a prescription drug plan; Medicare Advantage products; Medicaid plans; and claims processing and other administrative services. The company provides its managed care products to employers, professional and trade associations, individuals, and government entities. It also offers various life, accident, disability, and health and annuity insurance products to individuals; and property and casualty insurance products, which include commercial multiple peril, auto physical damage, auto liability, dwelling, personal package, hospital malpractice, commercial liability, and commercial property insurance products to small to medium size accounts. The company markets and distributes its products through a network of internal sales force, direct mail, independent brokers and agents, telemarketing staff, advertising, and the Internet. Triple-S Management Corporation was founded in 1959 and is based in San Juan, Puerto Rico.

3,367 Employees
Last Reported Date: 03/18/15
Founded in 1959

triple-s management corp-b (GTS) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.2M
Chief Financial Officer and Vice President of...
Total Annual Compensation: $604.9K
Chief Operating Officer and Secretary
Total Annual Compensation: $703.3K
Chief Executive Officer of Triple-S Salud Inc...
Total Annual Compensation: $538.0K
President of Triple-S Propiedad Inc
Total Annual Compensation: $379.7K
Compensation as of Fiscal Year 2014.

triple-s management corp-b (GTS) Key Developments

Triple-S Management Corporation announced delayed annual 10-K filing

On 03/17/2015, Triple-S Management Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Triple-S Management Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Triple-S Management Corporation reported consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, net income was $26.5 million or $0.98 per share for the quarter ended December 31, 2014, compared with a net loss of $97,000 for the same quarter last year. The result for the quarter include some nonrecurring items, including net realized gains of $11.1 million on the sale of investment securities and $14.5 million income tax benefit, which will describe in more detail later. Operational results for the quarter reflect consolidated operating revenues of $565.2 million, which were $28.2 million or 4.8% lower than the same quarter a year ago. This decrease resulted mainly from a $27 million reduction in premium revenue mostly in Managed Care. Operating revenues of $565.2 million, which were $28.2 million or 4.8% lower than the same quarter a year ago. This decrease resulted mainly from a $27 million reduction in premium revenue mostly in Managed Care. Pro forma net income was $2.8 million or $0.10 per diluted share versus pro forma net income of $3 million or $0.11 in 2013. For the year ended December 31, 2014, net income increased $9.7 million or 17.4%. While the revenues were lower, consolidated claims incurred were $88.6 million below those of 2013, resulting in a 120 basis points improvement in the consolidated loss ratio. The reduction in claims expense was partially offset by a $61.5 million decrease in gross revenues mostly driven by lower membership in its Commercial, Managed Care business and lower volume in its Property and Casualty segment. Net income attributable to the company was $65.66 million or $2.41 per diluted share compared to $55.92 million or $2.01 per diluted share for the same period last year. Total revenues were $2.32 billion compared to $2.38 billion for the same period last year.

Triple-S Management Seeks Acquisitions

Triple-S Management Corporation (NYSE:GTS) is seeking acquisitions. Ramon Ruiz-Comas, President and Chief Executive Officer, said, "We will not hesitate to take advantage of opportunities that are acquisitive to future earnings. I will now turn the call over to Bobby to give you our brief of our strategic transformation program."

 

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GTS

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Valuation GTS Industry Range
Price/Earnings 8.1x
Price/Sales 0.2x
Price/Book 0.6x
Price/Cash Flow 8.2x
TEV/Sales 0.2x
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