Porch Group is a vertical software platform for the home, providing software and services to home services companies, such as home inspectors, mortgage companies and loan officers, title companies, moving companies, real estate agencies, utility companies, roofers, and others. Co.'s reportable segments are: Vertical Software, which provides software and services to home services companies and, through these relationships, earns SaaS fees and gains access to homebuyers and homeowners; and Insurance, which provides various property-related insurance policies through its own risk-bearing carrier and independent agency as well as a risk-bearing home warranty company. The PRCH stock yearly return is shown above.
The yearly return on the PRCH stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2022 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the PRCH annual return calculation with any dividends reinvested as applicable (on ex-dates).
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