Baldwin Insurance Group, Inc. (NASDAQ:BWIN) Stock Has Consensus Target Price of $31.20 According to Brokerages

Key Points

• Analysts have a cautious view of Baldwin Insurance Group: Twelve brokerages give the stock a consensus “Reduce” rating, with two sells, nine holds and one buy. The average 12-month price target is $31.20, below the reported share price of $31.95.
• Baldwin reported quarterly earnings of $0.43 per share, matching estimates, while revenue increased 31.4% year over year. Analysts expect full-year earnings of approximately $1.44 per share.
• Institutional ownership is substantial at 77.49% of outstanding shares, with several major investors—including Bank of New York Mellon and Bank of America—recently building or initiating positions.

Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Get Free Report) has been assigned an average recommendation of "Reduce" from the twelve brokerages that are currently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $31.20.

Several equities research analysts have commented on the company. BMO Capital Markets boosted their price objective on Baldwin Insurance Group from $26.00 to $32.50 and gave the stock a "market perform" rating in a research note on Tuesday, September 15th. Raymond James Financial cut Baldwin Insurance Group from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, September 23rd. William Blair downgraded Baldwin Insurance Group from an "outperform" rating to a "hold" rating in a research report on Monday, September 14th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Baldwin Insurance Group in a research note on Friday, October 2nd. Finally, Wells Fargo & Company boosted their price target on Baldwin Insurance Group from $27.00 to $28.00 and gave the stock an "equal weight" rating in a research report on Monday, August 3rd.

Institutional Investors Weigh In On Baldwin Insurance Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in BWIN. Bank of New York Mellon Corp acquired a new stake in shares of Baldwin Insurance Group in the second quarter valued at about $81,796,000. Bank of America Corp DE lifted its stake in shares of Baldwin Insurance Group by 51.9% in the first quarter. Bank of America Corp DE now owns 848,407 shares of the company's stock worth $18,614,000 after buying an additional 289,879 shares in the last quarter. Sei Investments Co. boosted its position in Baldwin Insurance Group by 32.4% during the first quarter. Sei Investments Co. now owns 456,174 shares of the company's stock worth $10,008,000 after acquiring an additional 111,640 shares during the last quarter. Madison Asset Management LLC acquired a new position in Baldwin Insurance Group during the second quarter worth about $2,750,000. Finally, Summit Creek Advisors LLC acquired a new position in Baldwin Insurance Group during the second quarter worth about $1,767,000. Institutional investors and hedge funds own 77.49% of the company's stock.

Baldwin Insurance Group Stock Performance

NASDAQ:BWIN opened at $31.95 on Thursday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.07 and a current ratio of 1.07. The company has a fifty day moving average of $31.44 and a two-hundred day moving average of $25.07. The stock has a market capitalization of $4.46 billion, a PE ratio of -30.72, a P/E/G ratio of 1.03 and a beta of 1.00. Baldwin Insurance Group has a fifty-two week low of $15.88 and a fifty-two week high of $32.71.

Baldwin Insurance Group (NASDAQ:BWIN - Get Free Report) last released its earnings results on Tuesday, November 3rd. The company reported $0.43 EPS for the quarter, hitting analysts' consensus estimates of $0.43. Baldwin Insurance Group had a negative net margin of 4.67% and a positive return on equity of 12.67%. The firm's quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 earnings per share. As a group, research analysts forecast that Baldwin Insurance Group will post 1.44 earnings per share for the current fiscal year.

Baldwin Insurance Group Company Profile

The Baldwin Insurance Group, Inc NASDAQ: BWIN is an independent insurance distribution platform that delivers insurance products and related services to businesses, individuals and insurance carriers. The company operates through a network of insurance agencies, brokerage businesses and specialty insurance operations.

Its offerings include commercial property and casualty insurance, employee benefits, personal insurance, life and health coverage, and Medicare products. Baldwin also provides specialized insurance solutions through program-management and underwriting operations, serving selected industries and risk categories through relationships with insurance carriers.

Founded in 2006 and headquartered in Tampa, Florida, the company was formerly known as BRP Group, Inc and adopted The Baldwin Insurance Group name in 2024.

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