Skyward Specialty Insurance Group (SKWD) to Release Quarterly Earnings on Thursday

Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $0.86 per share and revenue of $324.64 million for the quarter.

Skyward Specialty Insurance Group (NASDAQ:SKWD - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.12. Skyward Specialty Insurance Group had a net margin of 10.23% and a return on equity of 16.80%. The company had revenue of $328.53 million for the quarter, compared to analyst estimates of $310.94 million. During the same quarter in the previous year, the firm posted $0.75 earnings per share. On average, analysts expect Skyward Specialty Insurance Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Skyward Specialty Insurance Group Trading Down 1.4%

Shares of NASDAQ SKWD traded down $0.75 during midday trading on Thursday, hitting $51.80. The company's stock had a trading volume of 760,582 shares, compared to its average volume of 432,319. The stock has a fifty day moving average price of $58.11 and a 200 day moving average price of $53.20. Skyward Specialty Insurance Group has a one year low of $34.10 and a one year high of $65.05. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 17.27 and a beta of 0.65.

Analysts Set New Price Targets

SKWD has been the topic of a number of analyst reports. JMP Securities upped their target price on shares of Skyward Specialty Insurance Group from $60.00 to $65.00 and gave the stock a "market outperform" rating in a report on Friday, May 2nd. Keefe, Bruyette & Woods upped their target price on shares of Skyward Specialty Insurance Group from $67.00 to $72.00 and gave the stock an "outperform" rating in a report on Thursday, May 29th. Barclays upped their target price on shares of Skyward Specialty Insurance Group from $63.00 to $64.00 and gave the stock an "overweight" rating in a report on Friday, April 11th. Piper Sandler increased their price target on shares of Skyward Specialty Insurance Group from $57.00 to $66.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Finally, Jefferies Financial Group lowered shares of Skyward Specialty Insurance Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $62.00 to $59.00 in a report on Friday, April 11th. Three analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Skyward Specialty Insurance Group has an average rating of "Moderate Buy" and an average target price of $61.75.

Insiders Place Their Bets

In other news, CFO Mark W. Haushill sold 52,748 shares of the company's stock in a transaction on Friday, June 13th. The shares were sold at an average price of $58.76, for a total value of $3,099,472.48. Following the completion of the sale, the chief financial officer owned 133,629 shares of the company's stock, valued at approximately $7,852,040.04. This represents a 28.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Chairman Kirby Hill sold 8,249 shares of the company's stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of $60.87, for a total transaction of $502,116.63. Following the completion of the sale, the chairman directly owned 8,249 shares of the company's stock, valued at $502,116.63. This trade represents a 50.00% decrease in their position. The disclosure for this sale can be found here. 8.01% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Skyward Specialty Insurance Group

Several institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Skyward Specialty Insurance Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,096 shares of the company's stock valued at $1,169,000 after buying an additional 967 shares during the period. Integrated Wealth Concepts LLC boosted its position in Skyward Specialty Insurance Group by 30.2% during the 1st quarter. Integrated Wealth Concepts LLC now owns 6,285 shares of the company's stock valued at $332,000 after buying an additional 1,456 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Skyward Specialty Insurance Group by 16.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 99,804 shares of the company's stock valued at $5,282,000 after buying an additional 14,217 shares during the period. Finally, Jane Street Group LLC boosted its position in Skyward Specialty Insurance Group by 286.1% during the 1st quarter. Jane Street Group LLC now owns 33,768 shares of the company's stock valued at $1,787,000 after buying an additional 25,022 shares during the period. Hedge funds and other institutional investors own 94.83% of the company's stock.

About Skyward Specialty Insurance Group

Skyward Specialty Insurance Group, Inc, an insurance holding company, underwrites commercial property and casualty insurance products in the United States. It offers general liability, excess liability, professional liability, commercial auto, group accident and health, property, surety, and workers' compensation insurance products.