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

47.84

Mkt cap

1.9B

Volume

284K

High

48.52

P/E Ratio

14.83

52-wk high

48.52

Low

47.27

Div yield

N/A

52-wk low

29.40

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

Skyward Specialty Insurance Group's shares experienced an upward movement as traders circulated news that the stock was a Zacks pick.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:28 pm

JMP Securities analyst Matthew Carletti has reiterated a Market Outperform rating for Skyward Specialty (NASDAQ:SKWD) and maintained a $50 price target.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 5:17 pm

Jefferies has maintained its Buy rating on Skyward Specialty (NASDAQ:SKWD) and increased the price target from $45 to $49.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:01 pm

Westaim has sold all of its remaining shares in Skyward Specialty Insurance Group, totaling 1,919,639 shares, for net proceeds of approximately $79 million.

Portfolio Pulse from Benzinga Newsdesk

September 10, 2024 | 8:12 pm

Barclays analyst Alex Scott has initiated coverage on Skyward Specialty (NASDAQ:SKWD) with an Equal-Weight rating and set a price target of $44.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:51 pm

Skyward Specialty Insurance has partnered with Acceleration Aviation to provide comprehensive insurance solutions for aviation-related businesses, such as aircraft, flight schools, and airports.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 12:35 pm

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