Streetbeat News

SKWD

Skyward Specialty Insurance Group, Inc.

https://www.skywardinsurance.com

Industry

Insurance - Property & Casualty

Skyward Specialty Insurance Group, Inc., an insurance holding company, engages in underwriting commercial property and casualty insurance coverages in the United States. The company offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products. Skyward Specialty Insurance Group, Inc. was incorporated in 2006 and is headquartered in Houston, Texas.

Open

42.10

Mkt cap

1.7B

Volume

486K

High

42.62

P/E Ratio

12.89

52-wk high

55.62

Low

41.28

Div yield

N/A

52-wk low

29.40

SKWD stock is currently trading below its 50-day SMA. The company's focus on high-return areas, prudent pricing, better retention, and shifting its business mix towards more profitable lines positions it for potential growth.

Portfolio Pulse from

January 16, 2025 | 6:00 pm

Skyward Specialty is trading at a premium due to its focus on high-return areas, prudent pricing, better retention, and shifting its business mix towards more profitable lines, positioning it for growth.

Portfolio Pulse from

December 17, 2024 | 4:30 pm

Skyward Specialty Insurance Group, Inc. has launched a new Life Sciences liability insurance product, expanding its offerings in the specialty property and casualty market. This product is designed to meet the specific needs of the life sciences industry.

Portfolio Pulse from

November 14, 2024 | 9:15 pm

Skyward Specialty Insurance Group has demonstrated strong financial performance with growth in gross premiums, investment income, and net income, despite challenges from hurricanes. The company's combined ratio is stable and better than the industry average, and its balance sheet is conservatively managed with a focus on high-quality fixed income securities.

Portfolio Pulse from

November 14, 2024 | 4:45 pm

Skyward Specialty's stock has gained 48% year-to-date, driven by improving top line, expanding margins, and sufficient financial flexibility. Investors are considering whether to buy or hold.

Portfolio Pulse from

November 13, 2024 | 6:00 pm

Skyward Specialty Insurance Group, Inc. (SKWD) has reached a 52-week high, prompting investors to consider whether to cash out or expect further gains. The article examines the company's fundamentals for insights.

Portfolio Pulse from

November 13, 2024 | 3:30 pm

JMP Securities has maintained a Market Outperform rating on Skyward Specialty (NASDAQ:SKWD) and raised the price target from $50 to $53.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:21 pm

Barclays analyst Alex Scott maintains an Equal-Weight rating on Skyward Specialty (NASDAQ:SKWD) and raises the price target from $44 to $45.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 2:47 pm

Skyward Specialty reported Q3 2024 earnings of $0.71 per share, surpassing the analyst estimate of $0.65. Sales reached $300.888 million, exceeding the expected $290.675 million. Both earnings and sales showed significant year-over-year growth.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:21 pm

Skyward Specialty (NASDAQ:SKWD) is set to release its quarterly earnings on October 29, 2024. Analysts expect an EPS of $0.65. Despite past earnings beats, the stock has shown mixed price reactions. The company has a consensus 'Outperform' rating with a price target of $48.14, indicating a potential upside. Skyward Specialty has shown strong revenue growth and financial health, with a notable net margin and return on equity.

Portfolio Pulse from Benzinga Insights

October 28, 2024 | 7:02 pm

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