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Skyward Specialty Insurance Group, Inc. (SKWD)
NASDAQ:SKWD
RESEARCH TOOLSreports
Skyward Specialty Insurance Group, Inc. (SKWD) Stock Price & Analysis
47 Followers
SKWD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.94 - $38.64
Previous Close$36.26
Volume214.36K
Average Volume (3M)381.74K
Market Cap
$1.63B
Enterprise Value$1.68B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$50.00M
Price to Earnings (P/E)13.4
Beta0.29
Next Earnings
Aug 06, 2024EPS Estimate
$0.66Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.71
Shares Outstanding39,995,027
10 Day Avg. Volume643,812
30 Day Avg. Volume381,736
Standard Deviation0.08
R-Squared0.11
Alpha0.04
Financial Highlights & Ratios
Price to Book (P/B)2.56
Price to Sales (P/S)1.64
Price to Cash Flow (P/CF)3.10
P/FCF Ratio3.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.90
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$45.00Price Target Upside23.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Skyward Specialty Insurance Group, Inc. News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSkyward Specialty reported operating EPS of $0.75, surpassing estimates due to a better-than-expected combined ratio, higher net investment income, and lower-than-expected catastrophe losses.
Growth ProspectsGross written premiums increased by 27%, significantly exceeding analyst projections, with substantial growth across majority of underwriting divisions.
Stock ValuationSkyward trades above 2x book value, indicating a strong market position when compared to peers.
Bears Say
Earnings ForecastProjected operating EPS for 2026 is 3% below consensus, likely influenced by higher catastrophe losses.
Stock Price ReactionInitial negative stock price reaction to 4Q EPS attributed to growth/momentum investors' expectations for a significant top-line beat.
Stock ValuationDespite near-term return on equity improvements, the stock price may have already integrated the anticipated gains, limiting upside potential.
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Ownership Overview
11.45% Insiders
26.32% Mutual Funds
33.50% Other Institutional Investors
28.72% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SKWD FAQ
What was Skyward Specialty Insurance Group, Inc.’s price range in the past 12 months?
Skyward Specialty Insurance Group, Inc. lowest stock price was $21.93 and its highest was $38.64 in the past 12 months.
What is Skyward Specialty Insurance Group, Inc.’s market cap?
Currently, no data Available
When is Skyward Specialty Insurance Group, Inc.’s upcoming earnings report date?
Skyward Specialty Insurance Group, Inc.’s upcoming earnings report date is Aug 06, 2024 which is in 81 days.
How were Skyward Specialty Insurance Group, Inc.’s earnings last quarter?
Skyward Specialty Insurance Group, Inc. released its earnings results on May 01, 2024. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.635 by $0.115.
Is Skyward Specialty Insurance Group, Inc. overvalued?
According to Wall Street analysts Skyward Specialty Insurance Group, Inc.’s price is currently Undervalued.
Does Skyward Specialty Insurance Group, Inc. pay dividends?
Skyward Specialty Insurance Group, Inc. does not currently pay dividends.
What is Skyward Specialty Insurance Group, Inc.’s EPS estimate?
Skyward Specialty Insurance Group, Inc.’s EPS estimate is $0.66.
How many shares outstanding does Skyward Specialty Insurance Group, Inc. have?
Skyward Specialty Insurance Group, Inc. has 45,055,027 shares outstanding.
What happened to Skyward Specialty Insurance Group, Inc.’s price movement after its last earnings report?
Skyward Specialty Insurance Group, Inc. reported an EPS of $0.75 in its last earnings report, beating expectations of $0.635. Following the earnings report the stock price went up 0.761%.
Which hedge fund is a major shareholder of Skyward Specialty Insurance Group, Inc.?
Among the largest hedge funds holding Skyward Specialty Insurance Group, Inc.’s share is Driehaus Capital Management LLC. It holds Skyward Specialty Insurance Group, Inc.’s shares valued at 38M.
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Skyward Specialty Insurance Group, Inc. Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$45.00 (23.19% Upside)
$45.00 (23.19% Upside)
Blogger Sentiment
Bullish
SKWD Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 326.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $189.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 5.2%
Last 30 Days ▲ 9.2%
Last 30 Days ▲ 9.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
48.18%
12-Months-Change
Fundamentals
Return on Equity
17.70%
Trailing 12-Months
Asset Growth
28.76%
Trailing 12-Months
Company Description
Skyward Specialty Insurance Group, Inc.
Skyward Specialty Insurance Group Inc is a specialty insurance company that delivers commercial property and casualty products and solutions on a non-admitted and admitted basis. The firm has one reportable segment through which it offers a broad array of insurance coverages to a number of market niches. It operates multiple lines of business, including general liability, excess liability, professional liability, commercial auto, group accident, health, property, surety, and workers' compensation.
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SKWD Earnings Call
Q1 2024
0:00 / 0:00
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SKWD Stock 12 Month Forecast
Average Price Target
$45.00
▲(23.19% Upside)
Technical Analysis
Best Analysts Covering SKWD
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+52.66%
reiterated a buy rating 6 months ago
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